Categories Economy HIGHLIGHTS CBRT rate decision summary published: ‘Tight stance’ message repeated Güldem AtabayPosted on30 July, 2024 CBRT published the summary of the July 23rd Monetary Policy Committee (MPC) meeting. The inflation-related … Continue ReadingCBRT rate decision summary published: ‘Tight stance’ message repeated
Categories Economy HIGHLIGHTS Reuters survey announced: Economists’ inflation forecasts for July Güldem AtabayPosted on30 July, 2024 Reuters’ survey of expectations for July inflation data to be announced by the Turkish Statistical … Continue ReadingReuters survey announced: Economists’ inflation forecasts for July
Categories Economy HIGHLIGHTS The slide in Turkey’s economic confidence index continued in July Güldem AtabayPosted on30 July, 2024 According to the Turkish Statistical Institute (TurkStat), the economic confidence index decreased by 1.5 percent … Continue ReadingThe slide in Turkey’s economic confidence index continued in July
Categories Economy HIGHLIGHTS Politics Traces of 35 tons of cocaine smuggling in Germany lead to Turkey Güldem AtabayPosted on30 July, 2024 The details of the operation in which 35 and a half tons of cocaine was … Continue ReadingTraces of 35 tons of cocaine smuggling in Germany lead to Turkey
Categories Economy General HIGHLIGHTS Turkey’s population will fall below from the current 85 million to 77 million in 2100 Güldem AtabayPosted on30 July, 2024 Turkish Statistical Institute (TurkStat) has renewed its population projections for the period between 2023 and … Continue ReadingTurkey’s population will fall below from the current 85 million to 77 million in 2100
Categories General HIGHLIGHTS Millions live with wages below the hunger threshold in Turkey Güldem AtabayPosted on30 July, 202430 July, 2024 According to TÜRK-İŞ, the hunger limit for July rose to 19 thousand 234 TL and … Continue ReadingMillions live with wages below the hunger threshold in Turkey
Categories HIGHLIGHTS Politics Polls ring alarm bells for AKP Atilla YeşiladaPosted on29 July, 2024 If polls are to be believed, CHP’s victory in the March 31 local elections was … Continue ReadingPolls ring alarm bells for AKP
Categories Finance HIGHLIGHTS Türkiye targets 1.5 percent share in global FDI flows by 2028 Cem CetingucPosted on29 July, 202429 July, 2024 Türkiye revealed its foreign direct investment (FDI) strategy for the 2024-2028 period to outline the general … Continue ReadingTürkiye targets 1.5 percent share in global FDI flows by 2028
Categories Economy HIGHLIGHTS Turkey returns $5bn deposit to Riyadh as economic reforms yield results Cem CetingucPosted on29 July, 2024 Yesterday the Central Bank of Turkey confirmed that it had returned a $5 billion deposit … Continue ReadingTurkey returns $5bn deposit to Riyadh as economic reforms yield results
Categories Company & Industry General HIGHLIGHTS Egyptian start-up acquires Turkish sister company Cem CetingucPosted on29 July, 2024 MNT-Halan, a fintech unicorn out of Egypt, is on a consolidation march. The microfinance and … Continue ReadingEgyptian start-up acquires Turkish sister company
Categories General HIGHLIGHTS Germany and Turkey’s unique culinary clash” Cem CetingucPosted on29 July, 2024 Turkey wants doner registered as its ‘guaranteed traditional speciality’ across Europe, akin to serrano ham … Continue ReadingGermany and Turkey’s unique culinary clash”
Categories Economy HIGHLIGHTS Think tank predicts economy shrank in the second quarter Güldem AtabayPosted on29 July, 202429 July, 2024 BETAM announced its growth expectation for the second quarter of 2024. The institution expects the … Continue ReadingThink tank predicts economy shrank in the second quarter
Categories Economy HIGHLIGHTS Tax bill passed, other bills to follow Güldem AtabayPosted on29 July, 2024 The tax bill submitted to the agenda of the Turkish Grand National Assembly has been … Continue ReadingTax bill passed, other bills to follow
Categories Economy HIGHLIGHTS Turkey’s inflation expectations are “out of this world”! Atilla YeşiladaPosted on28 July, 2024 Turkey is one of those countries where official data are released to confound, rather than … Continue ReadingTurkey’s inflation expectations are “out of this world”!
Categories Economy HIGHLIGHTS Turkish economy slowing down in summer months, inflation to follow Atilla YeşiladaPosted on28 July, 2024 Akbank Economic Research team examined the series of macro-economic indicators published last week. According to … Continue ReadingTurkish economy slowing down in summer months, inflation to follow
Categories HIGHLIGHTS Politics Erdogan conducts pincer movement to discredit CHP-held municipalities Atilla YeşiladaPosted on26 July, 202426 July, 2024 According to veteran political affairs correspondent Mr Fikret Bila, Erdogan government aims to put CHP … Continue ReadingErdogan conducts pincer movement to discredit CHP-held municipalities
Categories Finance General HIGHLIGHTS CBRT governor Akcay: Too early to talk rate cuts Atilla YeşiladaPosted on26 July, 202426 July, 2024 Cevdet Akçay, Deputy Governor of the Central Bank of the Republic of Turkey (CBRT) gave … Continue ReadingCBRT governor Akcay: Too early to talk rate cuts
Categories HIGHLIGHTS Politics AKP members clash with pro-kurdish MP in Turkish Parliament Cem CetingucPosted on25 July, 2024 Ruling AKP lawmakers attack pro-Kurdish MP in Turkish Parliament Ruling AKP lawmakers attacked and punched … Continue ReadingAKP members clash with pro-kurdish MP in Turkish Parliament
Categories General HIGHLIGHTS FM Fidan calls for removal of PKK from Syria and Iraq Cem CetingucPosted on25 July, 2024 Foreign Minister Hakan Fidan has called for the eradication of the PKK from Syria and Iraq. “We … Continue ReadingFM Fidan calls for removal of PKK from Syria and Iraq
Categories HIGHLIGHTS Politics Turkish officials criticize Israel PM’s congress speech Cem CetingucPosted on25 July, 2024 Top Turkish officials criticized Israeli Prime Minister Benjamin Netanyahu’s reception in the U.S. Congress on … Continue ReadingTurkish officials criticize Israel PM’s congress speech
