Categories Economy HIGHLIGHTS TURKEY: Large current account surplus in August Cem CetingucPosted on14 October, 2024 Turkey’s current account recorded a large surplus in August, while the 12-month rolling deficit plunged … Continue ReadingTURKEY: Large current account surplus in August
Categories Business General HIGHLIGHTS Turkey to tax credit cards, luxuries in a desperate attempt to reduce budget deficit Atilla YeşiladaPosted on13 October, 2024 Turkey is desperate to cut her budget deficit, to increase confidence among global funds and … Continue ReadingTurkey to tax credit cards, luxuries in a desperate attempt to reduce budget deficit
Categories Business Emerging Markets HIGHLIGHTS Massive cyber attack on Iran raises fears of a new oil shock Atilla YeşiladaPosted on13 October, 2024 Amid escalating Middle East tensions, Iran faced major cyberattacks Saturday, disrupting its government branches and … Continue ReadingMassive cyber attack on Iran raises fears of a new oil shock
Categories Economy HIGHLIGHTS A rare piece of good news: Turkey’s current account deficit shrinks to 1% of GDP Atilla YeşiladaPosted on13 October, 2024 While Mehmet Simsek’s economic stabilization program is yet to achieve any significant progress in terms … Continue ReadingA rare piece of good news: Turkey’s current account deficit shrinks to 1% of GDP
Categories General HIGHLIGHTS Politics Erdogan signals new Peace Process with Kurds Atilla YeşiladaPosted on13 October, 2024 Turkey’s President Erdoğan has commented on a possible new peace process with the Kurds, and … Continue ReadingErdogan signals new Peace Process with Kurds
Categories Business General HIGHLIGHTS Turkey’s tainted food scandal: Hopefully we are not what we eat Atilla YeşiladaPosted on12 October, 2024 Minister of Agriculture and Forestry, Ibrahim Yumakli, has unveiled an innovative initiative in the fight … Continue ReadingTurkey’s tainted food scandal: Hopefully we are not what we eat
Categories General HIGHLIGHTS Stats agency ordered by court to deliver inflation data Atilla YeşiladaPosted on12 October, 2024 A lower court ordered the Turkstat to submit all information and documentation used in its … Continue ReadingStats agency ordered by court to deliver inflation data
Categories Economy General HIGHLIGHTS IMF on TURKEY: Slower growth, disinflation on the horizon, but many downside risks to economic stability Atilla YeşiladaPosted on12 October, 202412 October, 2024 IMF Executive Board concluded 2024 Article IV Consultation with Türkiye on 27 September, the findings … Continue ReadingIMF on TURKEY: Slower growth, disinflation on the horizon, but many downside risks to economic stability
Categories Economy HIGHLIGHTS Turkey posts significant current account surplus in August Cem CetingucPosted on11 October, 2024 Turkey’s current account recorded a large surplus in August, while the 12-month rolling deficit plunged … Continue ReadingTurkey posts significant current account surplus in August
Categories General HIGHLIGHTS Turkish parliament forms commission to investigate violence and child abuse Cem CetingucPosted on11 October, 2024 A parliamentary committee in the Turkish parliament will investigate cases of violence, neglect and abuse … Continue ReadingTurkish parliament forms commission to investigate violence and child abuse
Categories HIGHLIGHTS Politics Foreign Minister Fidan warns of potential nuclear war Cem CetingucPosted on10 October, 202410 October, 2024 Türkiye’s Foreign Minister Hakan Fidan on Wednesday warned the risk of the Russia-Ukraine war spreading … Continue ReadingForeign Minister Fidan warns of potential nuclear war
Categories Economy HIGHLIGHTS Wells Fargo offers contrarian economic forecast for Turkey in 2025 Cem CetingucPosted on10 October, 2024 Brendan McKenna, an economist at Wells Fargo, offered his perspectives on Türkiye’s economy during his appearance on Bloomberg … Continue ReadingWells Fargo offers contrarian economic forecast for Turkey in 2025
Categories Business HIGHLIGHTS Politics Minister Şimşek focuses on strengthening economic ties from Gulf nations Cem CetingucPosted on10 October, 2024 The economic program the government is implementing is working, Finance Minister Mehmet Şimşek has said, adding that … Continue ReadingMinister Şimşek focuses on strengthening economic ties from Gulf nations
Categories HIGHLIGHTS Politics CHP mayor Imamoglu may be banned from politics “soon”—Turkish sources Atilla YeşiladaPosted on10 October, 2024 While there is 4 years until the next elections, the presidential race is already shaping … Continue ReadingCHP mayor Imamoglu may be banned from politics “soon”—Turkish sources
Categories HIGHLIGHTS Politics What do Turks think of Israel? New survey shows fear Atilla YeşiladaPosted on10 October, 2024 Turkish President Erdogan, who assumed the mantle of his second job, namely AK Party chairman … Continue ReadingWhat do Turks think of Israel? New survey shows fear
Categories General HIGHLIGHTS FDD: U.S. Sanctions Additional Hamas Operatives With Ties to Turkey Atilla YeşiladaPosted on10 October, 2024 The US sanctioned three Turkey-based individuals and one sham charity on Monday, designating them as … Continue ReadingFDD: U.S. Sanctions Additional Hamas Operatives With Ties to Turkey
Categories Economy HIGHLIGHTS Türkiye Economic Outlook by Garanti BBVA Atilla YeşiladaPosted on9 October, 2024 Restrictive monetary policy and tight financial conditions lead output gap to turn into negative in … Continue ReadingTürkiye Economic Outlook by Garanti BBVA
Categories HIGHLIGHTS Politics Erdogan ally Bahceli extends olive branch to Kurds Cem CetingucPosted on9 October, 2024 Devlet Bahçeli, leader of the Nationalist Movement Party (MHP), a member of the government’s People’s … Continue ReadingErdogan ally Bahceli extends olive branch to Kurds
Categories Company & Industry HIGHLIGHTS Markets China plans to sue Turkey over electric vehicle tariffs Cem CetingucPosted on9 October, 2024 China’s Ministry of Commerce (MOFCOM) announced on Tuesday that it has submitted a consultation request … Continue ReadingChina plans to sue Turkey over electric vehicle tariffs
Categories HIGHLIGHTS Tech Turkey bans Discord Atilla YeşiladaPosted on9 October, 2024 Erdogan’s crusade on “harmful content” in social media gained new momentum on Wednesday, as the … Continue ReadingTurkey bans Discord