Categories Economy HIGHLIGHTS Politics Tim Ash on Erdogan’s economic policy: Erdogan is not for turning Atilla YeşiladaPosted on7 April, 2023 Not unexpected commentary from Turkey’s finance minister, Nebati, over the past 24h to say that … Continue ReadingTim Ash on Erdogan’s economic policy: Erdogan is not for turning
Categories Finance HIGHLIGHTS HSBC-Turkish Lira: Rich and vulnerable Atilla YeşiladaPosted on6 April, 2023 The TRY is likely to weaken regardless of the election result Deteriorated fundamentals and … Continue ReadingHSBC-Turkish Lira: Rich and vulnerable
Categories Business Company & Industry Finance HIGHLIGHTS EnerjiSA / Upgrade to Buy: Underperformance seems exaggerated Cem CetingucPosted on5 April, 2023 Earthquake damage contained to a likely temporary FCF impact. Citizens in the 10 earthquake hit … Continue ReadingEnerjiSA / Upgrade to Buy: Underperformance seems exaggerated
Categories Economy HIGHLIGHTS CBRT eases TL-saving rules even more Cem CetingucPosted on5 April, 2023 In a bid to promote and protect savings, the Turkish central bank has allowed banks … Continue ReadingCBRT eases TL-saving rules even more
Categories HIGHLIGHTS Politics Kılıçdaroğlu pledges to repeal presidential insult law if elected Cem CetingucPosted on5 April, 2023 Turkish opposition Nation Alliance’s presidential candidate and main opposition Republican People’s Party (CHP) leader Kemal … Continue ReadingKılıçdaroğlu pledges to repeal presidential insult law if elected
Categories Finance General HIGHLIGHTS Turkish state enterprises’ debt reaches 619B TL Cem CetingucPosted on5 April, 2023 The total debt of Turkish state economic enterprises (KİT), which was 49 billion liras in … Continue ReadingTurkish state enterprises’ debt reaches 619B TL
Categories Economy HIGHLIGHTS ING: Turkish inflation falls to 50.5% on large base effects Atilla YeşiladaPosted on4 April, 2023 A better-than-expected reading of 2.29% in March left the annual inflation rate at 50.5%, down … Continue ReadingING: Turkish inflation falls to 50.5% on large base effects
Categories Economy HIGHLIGHTS Markets Turkish exports increased by 4.4 percent in March, trade deficit surges to a new quarterly high Cem CetingucPosted on4 April, 20234 April, 2023 Turkey’s exports increased by 4.4% in March compared to the same month of the previous … Continue ReadingTurkish exports increased by 4.4 percent in March, trade deficit surges to a new quarterly high
Categories General HIGHLIGHTS Politics Finland joins NATO amid Ukraine war Cem CetingucPosted on4 April, 20234 April, 2023 Finland is poised to join NATO on Tuesday, a historic realignment brought on by Russia’s invasion of … Continue ReadingFinland joins NATO amid Ukraine war
Categories Economy HIGHLIGHTS Politics It’s Not The Economy, Stupid: Why Turkish Elections Are About More Than Money Güldem AtabayPosted on3 April, 2023 The upcoming Turkish elections on May 14th, 2023 defy conventional wisdom. Turkey’s economic downturn and … Continue ReadingIt’s Not The Economy, Stupid: Why Turkish Elections Are About More Than Money
Categories General HIGHLIGHTS HYPED Experts warn about new mucilage threat in Marmara Sea Cem CetingucPosted on3 April, 2023 With the effects of drought and the increase in sea water temperatures, there might be a new mucilage formation … Continue ReadingExperts warn about new mucilage threat in Marmara Sea
Categories HIGHLIGHTS HYPED Politics Erdogan criticizes US ambassador for meeting with opposition leader Cem CetingucPosted on3 April, 2023 President Recep Tayyip Erdoğan has slammed U.S. Ambassador to Ankara Jeff Flake for paying a visit to Kemal Kılıçdaroğlu, the leader of … Continue ReadingErdogan criticizes US ambassador for meeting with opposition leader
Categories General HIGHLIGHTS Politics Russia to host Quadrilateral meeting on Syria, says Çavuşoğlu Cem CetingucPosted on3 April, 2023 “An engagement process with Syria has started under the hosting and facilitation of Russia. Later, … Continue ReadingRussia to host Quadrilateral meeting on Syria, says Çavuşoğlu
Categories Finance HIGHLIGHTS Turkish lira may continue to weaken after general elections in May, experts say Atilla YeşiladaPosted on2 April, 2023 Turkey’s widening external deficits, the steady bleed of Central Bank reserves and daily regulatory interventions … Continue ReadingTurkish lira may continue to weaken after general elections in May, experts say
Categories Economy HIGHLIGHTS S&P downgrades Turkey’s outlook, updates dollar/TL forecast Atilla YeşiladaPosted on1 April, 2023 S&P Global Ratings lowered its outlook on Turkey from “stable” to “negative” on Friday, citing … Continue ReadingS&P downgrades Turkey’s outlook, updates dollar/TL forecast
Categories General HIGHLIGHTS Tim Ash answers FAQ on Turkish elections Atilla YeşiladaPosted on1 April, 2023 I always find it easier to write these things in a Q&A format, so here … Continue ReadingTim Ash answers FAQ on Turkish elections
Categories General HIGHLIGHTS A. Erdi Ozturk: Some simple advice to Mr Kilicdaroglu on foreign policy Atilla YeşiladaPosted on31 March, 2023 As a country that is comfortable in its historical, economic, geographical and military power, Turkey … Continue ReadingA. Erdi Ozturk: Some simple advice to Mr Kilicdaroglu on foreign policy
Categories Business General HIGHLIGHTS Ozan Gundogdu: Can you measure voter support by economic data? Atilla YeşiladaPosted on31 March, 2023 There are many studies on how economic trends influence elections. A common proposition is: Pessimism … Continue ReadingOzan Gundogdu: Can you measure voter support by economic data?
Categories General HIGHLIGHTS Markets Politics Black Sea Corridor Used to Ship Over 25 Million Tons of Grain: DM Cem CetingucPosted on31 March, 2023 More than 25 million tons of grain have been exported to the world markets from Ukraine through the Black Sea … Continue ReadingBlack Sea Corridor Used to Ship Over 25 Million Tons of Grain: DM
Categories Economy HIGHLIGHTS Turkey’s Trade Deficit Soars by Over 50 percent in February Cem CetingucPosted on31 March, 2023 Turkey’s foreign trade deficit surged 51.4% year on year to $12.08 billion in February, with … Continue ReadingTurkey’s Trade Deficit Soars by Over 50 percent in February
