Categories Economy HIGHLIGHTS Politics Refugee Crisis Dominates Turkey’s Election Agenda Cem CetingucPosted on24 April, 2023 Turkey has taken in about 5.5 million refugees, many of them Syrians. Ahead of the … Continue ReadingRefugee Crisis Dominates Turkey’s Election Agenda
Categories Finance HIGHLIGHTS Markets Turkish Private Banks: Skewed risk reward Cem CetingucPosted on24 April, 2023 Valuations don’t look very tempting in the context of macro uncertainty With this note, we … Continue ReadingTurkish Private Banks: Skewed risk reward
Categories Atilla Yeşilada HIGHLIGHTS Markets Economist Atilla Yesilada: FX controls will soon spread to Grand Bazaar Atilla YeşiladaPosted on22 April, 2023 Indicating that it may be the turn of the citizens to be brought under capital … Continue ReadingEconomist Atilla Yesilada: FX controls will soon spread to Grand Bazaar
Categories Business HIGHLIGHTS Tight Election Puts Turkey’s Energy Future in the Balance Atilla YeşiladaPosted on21 April, 2023 The battle for Turkey’s future is in full swing. Launching his election campaign in Ankara … Continue ReadingTight Election Puts Turkey’s Energy Future in the Balance
Categories Business Finance HIGHLIGHTS Foreign investors circle Turkey skies, waiting for “orthodoxy” Atilla YeşiladaPosted on21 April, 2023 International investors are looking to increase investments in Turkey, notably in mergers and acquisitions, as … Continue ReadingForeign investors circle Turkey skies, waiting for “orthodoxy”
Categories Finance HIGHLIGHTS Turkey Must Hike Rates After Elections. Who Will Get Spanked Bad? Atilla YeşiladaPosted on21 April, 2023 Turkey must hike rates after elections. Who will get spanked bad? Turkish inflation is running … Continue ReadingTurkey Must Hike Rates After Elections. Who Will Get Spanked Bad?
Categories General HIGHLIGHTS Carnegie Europe: The Strategic Consequences of a Kılıçdaroğlu Victory Over Erdoğan Atilla YeşiladaPosted on18 April, 2023 For the first time in twenty years, a change of leadership in Turkey is possible. … Continue ReadingCarnegie Europe: The Strategic Consequences of a Kılıçdaroğlu Victory Over Erdoğan
Categories Economy Finance HIGHLIGHTS IIF Turkey Trip Notes: Kilicdaroglu may win, tough times await the new government Atilla YeşiladaPosted on18 April, 2023 This note summarizes the key takeaways from our meetings with public and private sector institutions … Continue ReadingIIF Turkey Trip Notes: Kilicdaroglu may win, tough times await the new government
Categories Economy HIGHLIGHTS Politics Turkey’s Economy Struggles Ahead of May Elections Cem CetingucPosted on17 April, 2023 As the elections near next month, Erdogan continues to fight inflation while the nation still … Continue ReadingTurkey’s Economy Struggles Ahead of May Elections
Categories Company & Industry General HIGHLIGHTS Turkey’s First Nuclear Plant Faces Earthquake and Environmental Concerns Ahead of Opening Cem CetingucPosted on17 April, 2023 Built by Russia’s state-owned nuclear energy corporation, Turkey’s first-ever nuclear power plant is set to … Continue ReadingTurkey’s First Nuclear Plant Faces Earthquake and Environmental Concerns Ahead of Opening
Categories General HIGHLIGHTS Markets Politics Iraq’s Oil Exports from North Stalled Amid Turkey Negotiations Cem CetingucPosted on17 April, 2023 Oil exports from northern Iraq to the Turkish port of Ceyhan remain at a standstill … Continue ReadingIraq’s Oil Exports from North Stalled Amid Turkey Negotiations
Categories Business HIGHLIGHTS Cetin Unsalan: Turkey’s non-sense parading as export policy Atilla YeşiladaPosted on17 April, 2023 If you take an unplanned approach when talking about the economy and try to see … Continue ReadingCetin Unsalan: Turkey’s non-sense parading as export policy
Categories Economy Finance HIGHLIGHTS Markets 3 Inflation-Addressing Approaches, Varying in Effectiveness Cem CetingucPosted on17 April, 202317 April, 2023 Turkey has long had a hyperinflation problem, but that doesn’t mean that its central bank … Continue Reading3 Inflation-Addressing Approaches, Varying in Effectiveness
Categories Economy HIGHLIGHTS HYPED Politics Could Turkey’s Inflation Crisis Affect Erdogan’s Re-Election Bid? Cem CetingucPosted on17 April, 202317 April, 2023 A month before Turkey goes to the polls on May 14, the country’s inflation crisis … Continue ReadingCould Turkey’s Inflation Crisis Affect Erdogan’s Re-Election Bid?
Categories General HIGHLIGHTS Turkey’s Wealthiest Individuals Ranked in Latest Report Cem CetingucPosted on17 April, 2023 As of April 16, 2023, Ibrahim Erdemoglu was the wealthiest person in Turkey, with an estimated net worth … Continue ReadingTurkey’s Wealthiest Individuals Ranked in Latest Report
Categories Business Finance HIGHLIGHTS ANALYSIS: Business people ask: Which interest rate; which exchange rate? Atilla YeşiladaPosted on17 April, 2023 The spread between the official exchange rate is opening wide vs “the market rate”, as … Continue ReadingANALYSIS: Business people ask: Which interest rate; which exchange rate?
Categories Finance HIGHLIGHTS JP Morgan: TL will crash regardless of election results Atilla YeşiladaPosted on15 April, 2023 Turkish press loves to share exchange rate forecasts by international investment banks. Over the last … Continue ReadingJP Morgan: TL will crash regardless of election results
Categories Finance HIGHLIGHTS Prof Hakan Kara: Rate hikes will jeopardize banks’ capital adequacy Atilla YeşiladaPosted on15 April, 2023 Low-interest bonds erode capital adequacy of banks, claimed former research head of Central Bank of … Continue ReadingProf Hakan Kara: Rate hikes will jeopardize banks’ capital adequacy
Categories Economy General HIGHLIGHTS Politics Turkish Voters Losing Faith in Erdogan as Economy Struggles Cem CetingucPosted on14 April, 2023 Selman Deveci, a chef working his shift at a cafe in the Turkish city of … Continue ReadingTurkish Voters Losing Faith in Erdogan as Economy Struggles
Categories Finance General HIGHLIGHTS Turkey’s 2023 Growth Forecast Revised Up to 2.6% by UNCTAD Cem CetingucPosted on14 April, 2023 Central banks’ interest rates hikes will cost developing countries more than $800 billion in ‘foregone … Continue ReadingTurkey’s 2023 Growth Forecast Revised Up to 2.6% by UNCTAD
