Categories Economy HIGHLIGHTS Turkey’s official inflation slows to 39.6% after Erdoğan’s pledge of free natural gas in May Güldem AtabayPosted on5 June, 2023 Turkish annual inflation fell to 39.59% in May, official data showed on June 5, broadly in line with expectations, … Continue ReadingTurkey’s official inflation slows to 39.6% after Erdoğan’s pledge of free natural gas in May
Categories Business HIGHLIGHTS Will Aramco throw a lifeline to cash-strapped Turkish economy? Atilla YeşiladaPosted on4 June, 2023 Oil giant Saudi Aramco met with around 80 Turkish contractors this week to discuss $50 … Continue ReadingWill Aramco throw a lifeline to cash-strapped Turkish economy?
Categories Economy HIGHLIGHTS Politics First statement from Mehmet Simsek: Turkey needs rational economic policy Atilla YeşiladaPosted on4 June, 2023 President Recep Tayyip Erdoğan, on June 3, named the former economy minister, Şimşek, as the … Continue ReadingFirst statement from Mehmet Simsek: Turkey needs rational economic policy
Categories Business General HIGHLIGHTS Erdogan brings back Mehmet Simsek, replaces all but 2 ministers in the Cabinet Atilla YeşiladaPosted on3 June, 2023 President Tayyip Erdogan signalled on Saturday his newly-elected government would return to more orthodox economic … Continue ReadingErdogan brings back Mehmet Simsek, replaces all but 2 ministers in the Cabinet
Categories General HIGHLIGHTS Politics Tim Ash: Turkey’s New Dawn. Possibly. Atilla YeşiladaPosted on2 June, 2023 Recep Tayyip Erdoğan had confounded opinion pollsters and inflicted a terminal blow to Kemal Kılıçdaroğlu … Continue ReadingTim Ash: Turkey’s New Dawn. Possibly.
Categories Economy General HIGHLIGHTS Mehmet Simsek to the rescue? Atilla YeşiladaPosted on30 May, 2023 The top policymaker picks of Turkey’s re-elected president Tayyip Erdogan are taking centre stage … Continue ReadingMehmet Simsek to the rescue?
Categories Atilla Yeşilada General HIGHLIGHTS Atilla Yesilada: Erdogan won; Turkey lost Atilla YeşiladaPosted on29 May, 2023 What awaits Turkey after her historical election? In order to map Turkey’s near future, there … Continue ReadingAtilla Yesilada: Erdogan won; Turkey lost
Categories Finance HIGHLIGHTS Markets CNBC: Turkey’s lira sinks to fresh record low after Erdogan re-election Atilla YeşiladaPosted on29 May, 2023 The Turkish lira sank to a fresh record low Monday as incumbent Recep Tayyip Erdogan … Continue ReadingCNBC: Turkey’s lira sinks to fresh record low after Erdogan re-election
Categories General HIGHLIGHTS Initial election results indicate Erdogan’s lead in presidential runoff Cem CetingucPosted on28 May, 202328 May, 2023 Preliminary results in Turkey’s presidential runoff vote on Sunday showed President Recep Tayyip Erdogan ahead of his … Continue ReadingInitial election results indicate Erdogan’s lead in presidential runoff
Categories General HIGHLIGHTS Politics Turkey’s parliamentary swearing-in ceremony set for June 1st Cem CetingucPosted on28 May, 202328 May, 2023 Preparations for the 28th term of the Turkish assembly are in full swing, with the … Continue ReadingTurkey’s parliamentary swearing-in ceremony set for June 1st
Categories General HIGHLIGHTS HYPED Politics Election conducted under stringent security measures Cem CetingucPosted on28 May, 2023 The Interior Ministry has implemented extensive security measures across Türkiye to ensure the smooth conduct of the presidential runoff election. … Continue ReadingElection conducted under stringent security measures
Categories Emerging Markets HIGHLIGHTS Moody’s: Emerging market credit to remain tight Atilla YeşiladaPosted on27 May, 2023 Emerging markets currencies headed for weekly declines on Friday as expectations of higher-for-longer U.S. interest … Continue ReadingMoody’s: Emerging market credit to remain tight
Categories General HIGHLIGHTS Turkey ranks among top five countries with highest incidence of modern slavery Atilla YeşiladaPosted on26 May, 2023 The Global Slavery Index revealed that there are more than 1.3 million “modern slaves” in … Continue ReadingTurkey ranks among top five countries with highest incidence of modern slavery
Categories Economy HIGHLIGHTS Daily SABAH/Alen Lepan: Is economic policy overhaul in sight after Türkiye runoff? Atilla YeşiladaPosted on26 May, 2023 Türkiye is at a critical juncture, with a great deal of speculation surrounding the future … Continue ReadingDaily SABAH/Alen Lepan: Is economic policy overhaul in sight after Türkiye runoff?
Categories Finance HIGHLIGHTS Fitch/ Erich Arispe Morales: Returning to sustainable, predictable and credible economic policy-making increasingly unlikely under Erdoğan Atilla YeşiladaPosted on26 May, 2023 The Turkish economy, weathered by skyrocketing inflation and a plunging currency value, stands at a … Continue ReadingFitch/ Erich Arispe Morales: Returning to sustainable, predictable and credible economic policy-making increasingly unlikely under Erdoğan
Categories Business General HIGHLIGHTS Markets Politics Ukraine grain deal exports reach 30.3 million tons Cem CetingucPosted on25 May, 202325 May, 2023 Some 30.3 million tons of grain have been transported by 953 ships to the world market … Continue ReadingUkraine grain deal exports reach 30.3 million tons
Categories General HIGHLIGHTS Politics Erdoğan dismisses “dictatorship” claims as baseless following May 14 polls Cem CetingucPosted on25 May, 2023 President Recep Tayyip Erdoğan has said Türkiye’s electoral process is a strong response to some Western groups who … Continue ReadingErdoğan dismisses “dictatorship” claims as baseless following May 14 polls
Categories Company & Industry Finance HIGHLIGHTS Turkish Banks: Sensitivity of capital ratios to currency and asset quality Cem CetingucPosted on24 May, 2023 We update our interactive spreadsheet to stress test capital positions with Q1 results: HSBC’s year-end … Continue ReadingTurkish Banks: Sensitivity of capital ratios to currency and asset quality
Categories Economy HIGHLIGHTS Markets Report: Average monthly rent prices in Turkey rise by 117 pct on yearly basis. Cem CetingucPosted on24 May, 2023 Average monthly rent prices have increased by 117 percent in one year in Turkey, according … Continue ReadingReport: Average monthly rent prices in Turkey rise by 117 pct on yearly basis.
Categories General HIGHLIGHTS Politics Syria’s FM: Troop withdrawal necessary for normalization with Turkey Cem CetingucPosted on24 May, 2023 Normalisation between the Syrian regime and Turkey will not be possible as long as Turkish troops … Continue ReadingSyria’s FM: Troop withdrawal necessary for normalization with Turkey
