Categories Business HIGHLIGHTS Turkey’s inflation spiral fed by 34% hike in minimum wage Atilla YeşiladaPosted on20 June, 2023 Turkey raised monthly minimum wage by another 34% beginning on July 1, the government said … Continue ReadingTurkey’s inflation spiral fed by 34% hike in minimum wage
Categories Economy HIGHLIGHTS Mehmet Simsek startled by the budget disaster—Journalist Atilla YeşiladaPosted on19 June, 2023 Mehmet Şimşek, who has served in senior positions such as the Minister of Finance and … Continue ReadingMehmet Simsek startled by the budget disaster—Journalist
Categories Business Finance HIGHLIGHTS AA: ‘Türkiye can top inflow records with post-election investment surge’ Atilla YeşiladaPosted on19 June, 2023 Türkiye aiming to capture 1.5% share in global investment outlay, head of Turkish Presidency’s Investment … Continue ReadingAA: ‘Türkiye can top inflow records with post-election investment surge’
Categories Business HIGHLIGHTS Tech Turkish gamers create miracles, Turcorns Atilla YeşiladaPosted on19 June, 2023 Backed by billions of dollars in investments and government support, young innovative developers are taking … Continue ReadingTurkish gamers create miracles, Turcorns
Categories General HIGHLIGHTS Police blockade entire Beyoğlu district, detain Trans Pride March participants with excessive force Atilla YeşiladaPosted on19 June, 2023 Turkish police on June 18 blockaded Istanbul’s entire Beyoğlu district in response to the Trans … Continue ReadingPolice blockade entire Beyoğlu district, detain Trans Pride March participants with excessive force
Categories Economy HIGHLIGHTS Erdogan: Fighting inflation is priority number 1 Atilla YeşiladaPosted on19 June, 2023 President Recep Tayyip Erdoğan has vowed to bring inflation, which is currently running at below … Continue ReadingErdogan: Fighting inflation is priority number 1
Categories Finance HIGHLIGHTS Markets The sad story of TL: “Is anyone buying dollars?”—the Guardian Atilla YeşiladaPosted on18 June, 2023 “Is anyone buying dollars?” yells a man in a Galatasaray sports jacket as he leans … Continue ReadingThe sad story of TL: “Is anyone buying dollars?”—the Guardian
Categories Finance HIGHLIGHTS ANALYSIS: Turkish rate hikes: How fast, how high? Atilla YeşiladaPosted on18 June, 2023 Turkey’s first female Central Bank (CBRT) governor Gaye Erkan is certain to engineer the first … Continue ReadingANALYSIS: Turkish rate hikes: How fast, how high?
Categories Economy HIGHLIGHTS Dorian Jones: Erdogan hopes a U-turn can salvage Turkey’s floundering economy Atilla YeşiladaPosted on18 June, 2023 Turkey’s newly reelected president, Recep Tayyip Erdogan, has performed a rare and dramatic policy reversal. … Continue ReadingDorian Jones: Erdogan hopes a U-turn can salvage Turkey’s floundering economy
Categories General HIGHLIGHTS Daily Sabah: Erdoğan’s electoral triumph piques curiosity in the Arab world Atilla YeşiladaPosted on18 June, 2023 In a remarkable turn of events on May 28, the presidential elections in Türkiye ignited … Continue ReadingDaily Sabah: Erdoğan’s electoral triumph piques curiosity in the Arab world
Categories General HIGHLIGHTS Yağız Kutay: “Unveiling the Economic Transformation: The Legacy of Kemal Derviş” Atilla YeşiladaPosted on17 June, 2023 In the appointments made after the 2023 elections, we encountered a significant milestone: the appointment … Continue ReadingYağız Kutay: “Unveiling the Economic Transformation: The Legacy of Kemal Derviş”
Categories HIGHLIGHTS Politics Erdogan continues to haunt Istanbul mayor E. Imamoglu Atilla YeşiladaPosted on17 June, 2023 Turkey’s opposition, still reeling from election defeat to President Tayyip Erdogan, suffered a fresh blow … Continue ReadingErdogan continues to haunt Istanbul mayor E. Imamoglu
Categories General HIGHLIGHTS What does US expect from Erdogan? Atilla YeşiladaPosted on17 June, 2023 The Turkish presidential election was in the center of the US’s attention because of the … Continue ReadingWhat does US expect from Erdogan?
Categories Business Finance HIGHLIGHTS Economy czar Mehmet Simsek hears a mouthful from industrialists Atilla YeşiladaPosted on16 June, 202316 June, 2023 Members of the Turkish Industry and Business Association (TÜSIAD) met with Treasury and Finance Minister … Continue ReadingEconomy czar Mehmet Simsek hears a mouthful from industrialists
Categories Atilla Yeşilada Business HIGHLIGHTS ANALYSIS: Turkish house sales slump, collapse can be in the making Atilla YeşiladaPosted on16 June, 2023 Turkish home sales fell 7.7% year-on-year in May to 113,276 houses, with sales to foreigners … Continue ReadingANALYSIS: Turkish house sales slump, collapse can be in the making
Categories General HIGHLIGHTS Pro-Imamoglu think tank: Why did Kilicdaroglu lose? Atilla YeşiladaPosted on16 June, 2023 Cumhuriyet Daily columnist Barış Terkoğlu stated that at the request of Istanbul mayor Ekrem İmamoğlu, … Continue ReadingPro-Imamoglu think tank: Why did Kilicdaroglu lose?
Categories Business Finance HIGHLIGHTS Western banks pull out of Turkey financing, UAE jumps into the void Atilla YeşiladaPosted on15 June, 2023 United Arab Emirates-based banks are increasing loans to their Turkish counterparts, filling a gap left … Continue ReadingWestern banks pull out of Turkey financing, UAE jumps into the void
Categories Economy HIGHLIGHTS VP Cevdet Yilmaz: Administration to stay the course on orthodox policies Atilla YeşiladaPosted on15 June, 2023 Turkey will take steps to lower inflation and will follow free market rules as it … Continue ReadingVP Cevdet Yilmaz: Administration to stay the course on orthodox policies
Categories General HIGHLIGHTS Turkey needs honest-to-God reform for economic recovery—Reuters Atilla YeşiladaPosted on14 June, 2023 Turkey’s expected return to orthodox economic policies may not be enough to secure longer-lasting international … Continue ReadingTurkey needs honest-to-God reform for economic recovery—Reuters
Categories Business Economy HIGHLIGHTS A new, rational Erdogan? Atilla YeşiladaPosted on14 June, 2023 Turkey has the world’s 19th-largest economy and a leader, Recep Tayyip Erdoğan, who has been … Continue ReadingA new, rational Erdogan?
