Categories Economy General HIGHLIGHTS Turkish tourism soars during mid-term break Cem CetingucPosted on15 November, 2022 Occupancy rates at the hotels in popular tourist destinations, such as Antalya and Cappadocia, have … Continue ReadingTurkish tourism soars during mid-term break
Categories Company & Industry Economy HIGHLIGHTS HYPED Moody’s rises Turkeys 2022 GDP growth estimate to 5.3 percent Cem CetingucPosted on14 November, 2022 International credit rating agency Moody’s on Thursday upgraded its forecast for Türkiye’s economic growth this … Continue ReadingMoody’s rises Turkeys 2022 GDP growth estimate to 5.3 percent
Categories General HIGHLIGHTS Politics Turkey: The new destination of anti-war Russians Cem CetingucPosted on14 November, 202214 November, 2022 In a lively neighborhood of Istanbul’s Kadikoy district, Grao Cafeteria is nestled in between local … Continue ReadingTurkey: The new destination of anti-war Russians
Categories General HIGHLIGHTS Politics Turkish Interior Minister does not accept US condolences for Istanbul bomb attack Cem CetingucPosted on14 November, 202214 November, 2022 Turkey on Monday rejected US condolences over the death of six people in a bomb … Continue ReadingTurkish Interior Minister does not accept US condolences for Istanbul bomb attack
Categories General HIGHLIGHTS Politics Turkey slams EU over Turkic States decision of Turkish Cyprus’ status Cem CetingucPosted on13 November, 2022 Ankara has slammed the European Union for criticizing the Organization of Turkic States’ decision to … Continue ReadingTurkey slams EU over Turkic States decision of Turkish Cyprus’ status
Categories General HIGHLIGHTS HYPED At least 6 dead, 53 injured in explosion in Istanbul Cem CetingucPosted on13 November, 202213 November, 2022 A strong explosion today in the heart of Istanbul has left at least six people … Continue ReadingAt least 6 dead, 53 injured in explosion in Istanbul
Categories Business Finance HIGHLIGHTS Turkish Central Bank’s high-wire act to control the exchange rate Atilla YeşiladaPosted on12 November, 2022 (Reuters) – Turkey’s central bank has put the finishing touches to a reserve-management system that … Continue ReadingTurkish Central Bank’s high-wire act to control the exchange rate
Categories Economy HIGHLIGHTS ING: Despite revisions to current account deficit is still widening Atilla YeşiladaPosted on11 November, 2022 Despite large revisions to the balance of payments data, which significantly raised tourism revenues, the … Continue ReadingING: Despite revisions to current account deficit is still widening
Categories Economy General HIGHLIGHTS Unemployment rate in Turkey increases to 10.1 percent Cem CetingucPosted on11 November, 2022 Turkey’s unemployment rate rose 0.3 percentage points month-on-month to 10.1% in September, while a seasonally … Continue ReadingUnemployment rate in Turkey increases to 10.1 percent
Categories Economy Finance HIGHLIGHTS Markets Turkey and rest of Middle East suffer from US rate hike Cem CetingucPosted on11 November, 2022 The United States’ decision to increase interest rates is putting pressure on economies in the Middle East, … Continue ReadingTurkey and rest of Middle East suffer from US rate hike
Categories Economy General HIGHLIGHTS Politics Turkey jails bakery union head for ‘insulting’ the nation Cem CetingucPosted on11 November, 2022 Turkey jailed a bakery union head for “publicly insulting the Turkish nation” on Wednesday, state … Continue ReadingTurkey jails bakery union head for ‘insulting’ the nation
Categories HIGHLIGHTS Politics Prosecutor seeks political ban for presumptive presidential candidate Imamoglu Atilla YeşiladaPosted on11 November, 2022 Turkish prosecutors on Friday sought to jail Istanbul’s mayor, Ekrem Imamoglu for at least 15 … Continue ReadingProsecutor seeks political ban for presumptive presidential candidate Imamoglu
Categories Atilla Yeşilada HIGHLIGHTS Markets ANALYSIS: Turkey’s Kurds Will Determine the Outcome of 2023 Elections Atilla YeşiladaPosted on10 November, 2022 Turkey’s Kurds will determine the outcome of 2023 elections Turkey’s Kurds have a … Continue ReadingANALYSIS: Turkey’s Kurds Will Determine the Outcome of 2023 Elections
Categories Business HIGHLIGHTS Reuters: Turkey began paying for Russian natural gas in roubles Atilla YeşiladaPosted on9 November, 2022 Turkey has started paying for some its natural gas from Russia in roubles, Turkish Energy … Continue ReadingReuters: Turkey began paying for Russian natural gas in roubles
Categories Business Company & Industry Finance HIGHLIGHTS TUPRS: Reflecting 3Q beat; tight diesel supply Cem CetingucPosted on9 November, 2022 We increase our TP for Tupras to TRY422.60 (from TRY341.40 previously) as we add the … Continue ReadingTUPRS: Reflecting 3Q beat; tight diesel supply
Categories Business Finance HIGHLIGHTS Central Bank and commercial lenders involved in a stare-down Atilla YeşiladaPosted on8 November, 2022 The Turkish Central Bank is telling top bank executives in ongoing talks that it will … Continue ReadingCentral Bank and commercial lenders involved in a stare-down
Categories Finance HIGHLIGHTS Barclays: TL doomed to drop in 2022-2023 Atilla YeşiladaPosted on8 November, 2022 “TRY has remained stable recently, but we do not see this as sustainable. We believe … Continue ReadingBarclays: TL doomed to drop in 2022-2023
Categories Company & Industry General HIGHLIGHTS Higher education graduation rate rose to 40 percent in Turkey: Report Cem CetingucPosted on7 November, 2022 The higher education graduation rate of young adults in Turkey, which was 9 percent in … Continue ReadingHigher education graduation rate rose to 40 percent in Turkey: Report
Categories Economy HIGHLIGHTS HYPED Employement rise in Antalya as Turkish tourism season continues Cem CetingucPosted on7 November, 20227 November, 2022 A prolonged tourism season this year has given a boost to employment in the industry in the … Continue ReadingEmployement rise in Antalya as Turkish tourism season continues
Categories General HIGHLIGHTS HYPED Politics Turkey closes Black Sea, puts massive strain on the Russian navy Cem CetingucPosted on6 November, 2022 Russia is no longer able to operate in the western part of the Black Sea, … Continue ReadingTurkey closes Black Sea, puts massive strain on the Russian navy
