Categories Economy General HIGHLIGHTS ENAG: Turkey’s inflation is almost 200 percent Cem CetingucPosted on6 November, 20226 November, 2022 Inflation has skyrocketed in Turkey as official figures from the Turkish Statistical Institute (Tüik) show … Continue ReadingENAG: Turkey’s inflation is almost 200 percent
Categories HIGHLIGHTS Politics What is main opposition leader Kilicdaroglu doing in London? Atilla YeşiladaPosted on6 November, 2022 Main opposition CHP leader Kemal Kılıçdaroğlu has conducted meetings with financial organizations in London in … Continue ReadingWhat is main opposition leader Kilicdaroglu doing in London?
Categories Economy HIGHLIGHTS IMF Article 4 review urges rate hikes, phasing out of the FX-protected deposit scheme Güldem AtabayPosted on5 November, 2022 Following the Mission’s Turkey visit, the IMF released a press releases including statements of IMF … Continue ReadingIMF Article 4 review urges rate hikes, phasing out of the FX-protected deposit scheme
Categories Business Company & Industry HIGHLIGHTS Turkish banks face tough market in FX loan refinancing Atilla YeşiladaPosted on4 November, 2022 Turkey’s current account deficit (CAD) is expected to hit $60 bn by YE2022, and not … Continue ReadingTurkish banks face tough market in FX loan refinancing
Categories Business HIGHLIGHTS Fatih Ozatay: Nettlesome PPP guarantees should be revised Atilla YeşiladaPosted on4 November, 2022 Within the framework of the public-private partnership (PPP) model, income guarantees, which impose a significant … Continue ReadingFatih Ozatay: Nettlesome PPP guarantees should be revised
Categories Business HIGHLIGHTS Systemic Risk Alert as Turkish Economy Heads for Election Atilla YeşiladaPosted on4 November, 2022 Turkey increasingly has based her growth model on credit expansion since 2016. Yet, Turkey has … Continue ReadingSystemic Risk Alert as Turkish Economy Heads for Election
Categories HIGHLIGHTS HYPED Politics Erdogan: Turkey will finish Black Sea gas pipe construction in November Cem CetingucPosted on4 November, 2022 Turkey will complete the construction of a gas pipeline to connect to the Black Sea gas system in November, Turkish President … Continue ReadingErdogan: Turkey will finish Black Sea gas pipe construction in November
Categories Business Company & Industry General HIGHLIGHTS HYPED BOTAS signs new gas deal with the National Iranian Gas Co. Cem CetingucPosted on4 November, 2022 Turkey’s state-owned energy company, BOTAS Petroleum Pipeline Corporation, has signed a new deal with the … Continue ReadingBOTAS signs new gas deal with the National Iranian Gas Co.
Categories General HIGHLIGHTS Politics Temelkuran: Europe is in a severe democracy crisis Cem CetingucPosted on4 November, 20224 November, 2022 Russia’s war in Ukraine and the economic impact it is having on Europe have underscored … Continue ReadingTemelkuran: Europe is in a severe democracy crisis
Categories Business General HIGHLIGHTS CBRT warns lenders against conducting forex transactions during “off hours” Cem CetingucPosted on4 November, 2022 Turkey’s central bank sent a letter to local lenders on Monday, warning them against conducting … Continue ReadingCBRT warns lenders against conducting forex transactions during “off hours”
Categories General HIGHLIGHTS HYPED Politics Vladimir Putin: Turkish gas hub can easily be implemented Cem CetingucPosted on4 November, 20224 November, 2022 Russian President Vladimir Putin on Monday said a natural gas hub could be set up … Continue ReadingVladimir Putin: Turkish gas hub can easily be implemented
Categories General HIGHLIGHTS HYPED Turkey’s effort to Stop US Brawl Lawsuits rejected by the Supreme Court Cem CetingucPosted on4 November, 2022 The Supreme Court on Monday rejected Turkey’s bid to shut down lawsuits in U.S. courts … Continue ReadingTurkey’s effort to Stop US Brawl Lawsuits rejected by the Supreme Court
Categories HIGHLIGHTS Politics Turkish main opposition leader Kilicdaroglu makes news from London, “Heads will roll”, “No worries, I’ll find the money for you” Atilla YeşiladaPosted on3 November, 2022 WATCH: Can The Opposition Rescue Turkish Economy? CHP leader and the favored opposition candidate … Continue ReadingTurkish main opposition leader Kilicdaroglu makes news from London, “Heads will roll”, “No worries, I’ll find the money for you”
Categories Economy HIGHLIGHTS Turkey: Recession and inflation at the same time? Atilla YeşiladaPosted on3 November, 2022 The Turkish government under President Recep Tayyip Erdoğan has refused to abandon a low interest … Continue ReadingTurkey: Recession and inflation at the same time?
Categories HIGHLIGHTS Politics FDD: The Limits of Turkey’s Israeli Charm Offensive Atilla YeşiladaPosted on3 November, 2022 The pillars of the Israel-Turkey relationship—energy and defense cooperation—require long-term agreements built on mutual trust, … Continue ReadingFDD: The Limits of Turkey’s Israeli Charm Offensive
Categories General HIGHLIGHTS Kurds complain about human rights abuses “worse than 1990’s” Atilla YeşiladaPosted on3 November, 2022 Tahir Elçi Human Rights Foundation and Rawest, a pollster focusing on the country’s Kurdish regions … Continue ReadingKurds complain about human rights abuses “worse than 1990’s”
Categories Economy HIGHLIGHTS Natasha Turak: Turkey’s inflation tops 85% as Erdogan continues to rule out interest rate hikes Atilla YeşiladaPosted on3 November, 2022 Inflation in Turkey rose for the 17th consecutive month in October, hitting 85.5% year-on-year as … Continue ReadingNatasha Turak: Turkey’s inflation tops 85% as Erdogan continues to rule out interest rate hikes
Categories General HIGHLIGHTS HYPED Politics Erdoğan sends his regards to Lula after election win Cem CetingucPosted on1 November, 20221 November, 2022 Turkish President Recep Tayyip Erdoğan on Oct. 31 congratulated Luiz Inacio Lula da Silva on his election as the … Continue ReadingErdoğan sends his regards to Lula after election win
Categories HIGHLIGHTS HYPED Markets Politics Minister Akar: Russia should continue Ukraine grain deal Cem CetingucPosted on1 November, 2022 Defense Minister Hulusi Akar had phone conversations with his Russian and Ukrainian counterparts after Moscow … Continue ReadingMinister Akar: Russia should continue Ukraine grain deal
Categories Economy General HIGHLIGHTS CBRT lifts year-end inflation forecast to 65.2 percent Cem CetingucPosted on31 October, 2022 Turkey’s central bank has lifted its inflation forecast for the end of 2022 to 65.2% … Continue ReadingCBRT lifts year-end inflation forecast to 65.2 percent
