Categories Economy HIGHLIGHTS Turkey’s central bank kills talk of an early rate cut Güldem AtabayPosted on23 July, 2024 Turkish Central Bank’s Monetary Policy Committee left the policy rate, the one-week repo auction interest … Continue ReadingTurkey’s central bank kills talk of an early rate cut
Categories HIGHLIGHTS Politics AK Party considers further adjustments in post-election period Cem CetingucPosted on22 July, 2024 The ruling Justice and Development Party (AK Party) will replace some deputy chairs this week … Continue ReadingAK Party considers further adjustments in post-election period
Categories HIGHLIGHTS Politics Turkey denounces Israeli FM’s ‘falsehoods, defamation, and disrespect’ Cem CetingucPosted on22 July, 2024 Türkiye on Sunday slammed Israeli Foreign Minister Israel Katz’s “dirty propaganda” against President Recep Tayyip Erdoğan. “The … Continue ReadingTurkey denounces Israeli FM’s ‘falsehoods, defamation, and disrespect’
Categories Economy HIGHLIGHTS July survey shows continued improvement in inflation expectations Cem CetingucPosted on22 July, 2024 Inflation expectations for the end of 2024 declined from 43.52 percent in June to 42.95 percent … Continue ReadingJuly survey shows continued improvement in inflation expectations
Categories Economy Finance General HIGHLIGHTS Moody’s raised Turkey’s credit rating for the first time in over a decade Güldem AtabayPosted on19 July, 2024 Moody’s said Friday that it has upgraded Turkey’s credit rating by two notches on improved … Continue ReadingMoody’s raised Turkey’s credit rating for the first time in over a decade
Categories Economy HIGHLIGHTS Turkish government considers raising the retirement age, basing salary on premiums paid Güldem AtabayPosted on19 July, 2024 The AKP government is preparing to completely change the pension system. According to the media, … Continue ReadingTurkish government considers raising the retirement age, basing salary on premiums paid
Categories Economy HIGHLIGHTS Turkey’s upcoming tax package focused on the real estate sector Güldem AtabayPosted on19 July, 2024 Discussions on the first tax package started yesterday at the Parliamentary Plan and Budget Commission. … Continue ReadingTurkey’s upcoming tax package focused on the real estate sector
Categories General HIGHLIGHTS Politics Esad-Erdoğan meeting turning more unlikely while Turkey’s main opposition party leader is headed to Syria for Esad Güldem AtabayPosted on18 July, 2024 The Ministry of National Defense responded to Assad’s remarks that Turkish troops should withdraw from … Continue ReadingEsad-Erdoğan meeting turning more unlikely while Turkey’s main opposition party leader is headed to Syria for Esad
Categories Economy HIGHLIGHTS Turkey’s budget deficit 23.6 billion dollar in first half Cem CetingucPosted on16 July, 2024 In the first half of 2024, Turkey’s central government budget recorded a deficit of 747.2 … Continue ReadingTurkey’s budget deficit 23.6 billion dollar in first half
Categories Economy HIGHLIGHTS IMF predicts modest global economic growth, cautions on slowing disinflation Cem CetingucPosted on16 July, 2024 The International Monetary Fund (IMF) on Tuesday said the global economy is set for modest … Continue ReadingIMF predicts modest global economic growth, cautions on slowing disinflation
Categories HIGHLIGHTS Politics Minister condemns US and EU for providing haven to FETÖ affiliates Cem CetingucPosted on16 July, 2024 Justice Minister Yılmaz Tunç has expressed criticism toward the United States and European Union countries, accusing them … Continue ReadingMinister condemns US and EU for providing haven to FETÖ affiliates
Categories HIGHLIGHTS Politics Erdoğan claims 2016 coup attempt driven by Türkiye’s pro-Palestine stance Cem CetingucPosted on16 July, 2024 The defeated 2016 coup attempt in Türkiye sought to topple the country’s democratically elected government … Continue ReadingErdoğan claims 2016 coup attempt driven by Türkiye’s pro-Palestine stance
Categories Economy HIGHLIGHTS Turkey’s first half budget deficit hits $25 bn, on target for the full year estimate Atilla YeşiladaPosted on16 July, 2024 In the first half of 2024, Turkey’s central government budget recorded a deficit of 747.2 … Continue ReadingTurkey’s first half budget deficit hits $25 bn, on target for the full year estimate
Categories Economy HIGHLIGHTS Simsek’s tax package is ready for parliamentary approval Atilla YeşiladaPosted on16 July, 2024 The Turkish government has finalized a comprehensive tax reform package that includes the imposition … Continue ReadingSimsek’s tax package is ready for parliamentary approval
Categories General HIGHLIGHTS Associated Press: Tensions are rising again in divided Cyprus Atilla YeşiladaPosted on16 July, 2024 The United Nations peacekeeping force in Cyprus, known as UNFICYP, has seen the deployment of … Continue ReadingAssociated Press: Tensions are rising again in divided Cyprus
Categories HIGHLIGHTS Politics New survey shows CHP leading AKP, pollster argues change is permanent Atilla YeşiladaPosted on15 July, 2024 Former editor in chief of Hurriyet daily, and currently a blogster Mr Ertugrul Ozkok covered … Continue ReadingNew survey shows CHP leading AKP, pollster argues change is permanent
Categories Atilla Yeşilada Emerging Markets Finance HIGHLIGHTS Video commentary: Turkey is becoming the darling of Emerging Markets Atilla YeşiladaPosted on15 July, 2024 Long considered “univestable” because of Erdogan’s silly economic policies, Turkey suddenly began attracting interest and … Continue ReadingVideo commentary: Turkey is becoming the darling of Emerging Markets
Categories Business General HIGHLIGHTS UBS Global Wealth Report ranks Turkey first in wealth growth Atilla YeşiladaPosted on13 July, 2024 A recent report by UBS, a Zurich-based global firm providing financial services in over 50 … Continue ReadingUBS Global Wealth Report ranks Turkey first in wealth growth
Categories Finance HIGHLIGHTS CBT governor Karahan interviewed by Bloomberg, sounds hawkish Atilla YeşiladaPosted on12 July, 2024 Turkey’s Central Bank Governor Fatih Karahan sat down for an interview with Bloomberg in Istanbul … Continue ReadingCBT governor Karahan interviewed by Bloomberg, sounds hawkish
Categories Business General HIGHLIGHTS Markets Gustavo Medeiros/Ashmore: Turkey is back for emerging market investors Atilla YeşiladaPosted on12 July, 2024 The global head of research at Ashmore Group, Mr Gustavo Medeiros wrote an op-ed for … Continue ReadingGustavo Medeiros/Ashmore: Turkey is back for emerging market investors
