Categories General HIGHLIGHTS Robert Ellis: Turkey is the Hole in the Western Security Bucket Atilla YeşiladaPosted on18 March, 2024 Faced with the consequences of years of economic mismanagement, the keyword in Turkey now is … Continue ReadingRobert Ellis: Turkey is the Hole in the Western Security Bucket
Categories Atilla Yeşilada Finance HIGHLIGHTS Atilla Yesilada: Will Central Bank of Turkey dare hike rates? Atilla YeşiladaPosted on18 March, 2024 I consider the CBRT MPC to be held on Thursday as one of the most … Continue ReadingAtilla Yesilada: Will Central Bank of Turkey dare hike rates?
Categories Business HIGHLIGHTS Politics Yetkin Report: Potential Türkiye-Iraq agreement: A game-changer in the Middle East Atilla YeşiladaPosted on17 March, 2024 The rapprochement and establishment of strategic political and economic relations between Türkiye and Iraq appear … Continue ReadingYetkin Report: Potential Türkiye-Iraq agreement: A game-changer in the Middle East
Categories Atilla Yeşilada Finance HIGHLIGHTS Fitch raises Turkey’s credit rating, the country is heading for a currency crisis Atilla YeşiladaPosted on16 March, 2024 Fitch rewarded economy czar Mehmet Simsek for orthodox policies. •What is important: The TIMING … Continue ReadingFitch raises Turkey’s credit rating, the country is heading for a currency crisis
Categories Emerging Markets HIGHLIGHTS Emerging Markets miracle no more Atilla YeşiladaPosted on15 March, 2024 Every couple of years or so, global funds re-discover Emerging Markets, concocting narratives of run-away … Continue ReadingEmerging Markets miracle no more
Categories Economy HIGHLIGHTS Turkey’s Central Bank back to square one Güldem AtabayPosted on15 March, 202415 March, 2024 CBRT’s net foreign exchange reserves excluding swaps fell sharply in the week of March 8. … Continue ReadingTurkey’s Central Bank back to square one
Categories Economy General HIGHLIGHTS Knight Frank: Turkey Leads Surge in Ultra-Wealthy Population Cem CetingucPosted on15 March, 2024 Türkiye emerged as the frontrunner in the surge of ultra-rich people worldwide last year, according to … Continue ReadingKnight Frank: Turkey Leads Surge in Ultra-Wealthy Population
Categories Economy HIGHLIGHTS Markets Report: Iran’s Economy Lags Behind Regional Rivals for 50 Years Cem CetingucPosted on15 March, 2024 Iran’s economy has significantly fallen behind its regional competitors over the past half-century, according to … Continue ReadingReport: Iran’s Economy Lags Behind Regional Rivals for 50 Years
Categories Economy General HIGHLIGHTS Fitch analyst states Turkish economic policy pivot ‘more durable’ Cem CetingucPosted on15 March, 202415 March, 2024 Fitch Ratings has “greater confidence” that Türkiye’s current economic policy pivot is “more durable,” a … Continue ReadingFitch analyst states Turkish economic policy pivot ‘more durable’
Categories General HIGHLIGHTS Politics Is Erdogan serious about retirement? Cem CetingucPosted on15 March, 2024 As Recep Tayyip Erdogan once again signals his final election, Turkey is buzzing with questions … Continue ReadingIs Erdogan serious about retirement?
Categories Finance HIGHLIGHTS Markets Cyprus Economy Bank: FX turbulence stopped by CBRT measures; stock market collateral damage Atilla YeşiladaPosted on14 March, 2024 Turkish financial markets ended yesterday with an unpleasant tone. At first you may think that … Continue ReadingCyprus Economy Bank: FX turbulence stopped by CBRT measures; stock market collateral damage
Categories Economy HIGHLIGHTS Foreks CBRT interest rate survey: No rate hike expectations for the March 21 meeting, yet… Güldem AtabayPosted on14 March, 202415 March, 2024 The median expectation for the March meeting of the Central Bank of the Republic of … Continue ReadingForeks CBRT interest rate survey: No rate hike expectations for the March 21 meeting, yet…
Categories Economy HIGHLIGHTS UPDATE (Eurobond issue) Bloomberg: Turkey Discussed Buyback of Near-Term Dollar Bonds Güldem AtabayPosted on14 March, 202414 March, 2024 (Bloomberg) — Turkey is selling its first bonds in euros in almost three years as … Continue ReadingUPDATE (Eurobond issue) Bloomberg: Turkey Discussed Buyback of Near-Term Dollar Bonds
Categories Economy HIGHLIGHTS Minister Şimşek to businessmen: “I am willing to be the bad guy, you will have a hard time” Güldem AtabayPosted on14 March, 202414 March, 2024 Details of Treasury and Finance Minister Mehmet Şimşek’s meetings with the Union of Chambers and … Continue ReadingMinister Şimşek to businessmen: “I am willing to be the bad guy, you will have a hard time”
Categories Company & Industry General HIGHLIGHTS Turkish house sales increase in February Cem CetingucPosted on14 March, 2024 Türkiye’s housing market saw a mixed bag of results in February 2024, according to the … Continue ReadingTurkish house sales increase in February
Categories Business Company & Industry General HIGHLIGHTS Politics Turkish delegation goes to Iraq for oil and security exports Cem CetingucPosted on14 March, 202418 March, 2024 Iraq and Turkey are set to hold a high-level talks in Baghdad on Thursday to discuss co-operation in … Continue ReadingTurkish delegation goes to Iraq for oil and security exports
Categories Emerging Markets General HIGHLIGHTS Turkey ranks 45th in human development: UNDP report Cem CetingucPosted on14 March, 2024 Ankara, 8 September 2022 – Türkiye ranks 45th among 193 countries in this year’s edition of … Continue ReadingTurkey ranks 45th in human development: UNDP report
Categories Business Economy HIGHLIGHTS Markets UK-Turkey talks start for “modernized trade deal” Cem CetingucPosted on14 March, 202414 March, 2024 The UK today launches talks with Turkey on a new, modernised trade deal targeting the … Continue ReadingUK-Turkey talks start for “modernized trade deal”
Categories Economy HIGHLIGHTS Fitch: Inflation pressures remain strong, tightening to continue post-election Güldem AtabayPosted on14 March, 2024 Erich Arispe Morales, Senior Director and Turkey Analyst at Fitch Ratings, stated that the first … Continue ReadingFitch: Inflation pressures remain strong, tightening to continue post-election
Categories General HIGHLIGHTS Expert Warns Turkey’s Climate to Resemble Egypt’s Amid Global Warming Cem CetingucPosted on13 March, 2024 A Turkish researcher has said that Türkiye could have the same climate characteristics as Egypt … Continue ReadingExpert Warns Turkey’s Climate to Resemble Egypt’s Amid Global Warming