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Tag: recession

Central Bank’s meeting with fate
Categories Economy HIGHLIGHTS Markets

Central Bank’s meeting with fate

Atilla YeşiladaPosted on24 December, 2020

Turkish lira firmed 0.4%, as investors awaited the outcome of a central bank meeting on … Continue ReadingCentral Bank’s meeting with fate

Real Turkey:  Turkey needs IMF, and needs it NOW!
Categories Economy HIGHLIGHTS

Real Turkey:  Turkey needs IMF, and needs it NOW!

Atilla YeşiladaPosted on13 December, 2020

Turkey needs the IMF, and needs it  now Turkish economy is in shambles.  By October, … Continue ReadingReal Turkey:  Turkey needs IMF, and needs it NOW!

Turkey’s loan boom is a thing of the past
Categories Business Finance HIGHLIGHTS

Turkey’s loan boom is a thing of the past

Atilla YeşiladaPosted on28 November, 2020

Cover chart:  13-week moving average growth rates of loans by lender category Red:  Total loans, … Continue ReadingTurkey’s loan boom is a thing of the past

Analysts:  Turkish economy set for stormy 2021
Categories Economy HIGHLIGHTS

Analysts:  Turkish economy set for stormy 2021

Atilla YeşiladaPosted on27 November, 2020

Turkey is at the threshold of the second recession of the year, as Covid-19 case … Continue ReadingAnalysts:  Turkish economy set for stormy 2021

CNBC:  India headed for  technical recession — and the road to recovery will be long….
Categories Emerging Markets

CNBC:  India headed for  technical recession — and the road to recovery will be long….

Atilla YeşiladaPosted on27 November, 2020

SINGAPORE — India’s economy is expected to improve in the quarter ending in September, compared … Continue ReadingCNBC:  India headed for  technical recession — and the road to recovery will be long….

Turkish Health Ministry spills the beans on “correct” Covid-19 case figures
Categories General HIGHLIGHTS

Turkish Health Ministry spills the beans on “correct” Covid-19 case figures

Atilla YeşiladaPosted on27 November, 2020

PA Turkey has published several articles about Turkey’s grand health scandal, where the Health Ministry … Continue ReadingTurkish Health Ministry spills the beans on “correct” Covid-19 case figures

Turkey enters Covid recession
Categories Atilla Yeşilada Economy HIGHLIGHTS

Turkey enters Covid recession

Atilla YeşiladaPosted on24 November, 2020

Turkey saw a record number of people diagnosed with COVID-19 for the second day running … Continue ReadingTurkey enters Covid recession

Turkish businesses continue to dispose assets
Categories Business Company & Industry

Turkish businesses continue to dispose assets

Atilla YeşiladaPosted on24 November, 2020

Billionaire Ferit Sahenk’s Dogus Holding AS agreed to sell a 30% stake in a high-end … Continue ReadingTurkish businesses continue to dispose assets

Moody’s, IMF: World recovery in peril
Categories Economy HYPED

Moody’s, IMF: World recovery in peril

Atilla YeşiladaPosted on18 November, 2020

Global economic recovery is under threat due to the resurgence of coronavirus infections in Europe … Continue ReadingMoody’s, IMF: World recovery in peril

Erdogan’s virtual reality poses threat of a currency crash
Categories Economy HIGHLIGHTS

Erdogan’s virtual reality poses threat of a currency crash

Atilla YeşiladaPosted on1 November, 2020

Turkish economy is slowing once again, as the effects of the massive monetary and fiscal … Continue ReadingErdogan’s virtual reality poses threat of a currency crash

Turkey without friends and without cash
Categories Economy HIGHLIGHTS Politics

Turkey without friends and without cash

Atilla YeşiladaPosted on30 October, 2020

Life is not treating Turkey very kindly nowadays. The country is mired in a Covid-19 … Continue ReadingTurkey without friends and without cash

Big Central Bank Mystery will set the tone for TL assets
Categories Economy HIGHLIGHTS Markets

Big Central Bank Mystery will set the tone for TL assets

Atilla YeşiladaPosted on20 October, 2020

Despite Turkey’s alleged foreign policy adventures and soaring Covid-19 patient figures at home, TL assets … Continue ReadingBig Central Bank Mystery will set the tone for TL assets

Erdogan’s stark choices:  Revive the economy, or suffer defeat
Categories Economy HYPED Politics

Erdogan’s stark choices:  Revive the economy, or suffer defeat

Atilla YeşiladaPosted on19 October, 2020

According to the recent Avrasya poll, AKP’s votes are down to 28%, while its ally … Continue ReadingErdogan’s stark choices:  Revive the economy, or suffer defeat

Euler Hermes:  Second recession in Turkey in as many years
Categories Economy

Euler Hermes:  Second recession in Turkey in as many years

Atilla YeşiladaPosted on13 September, 2020

Recession and late normalization Euler Hermes forecasts Turkey’s economy to contract by around -4.7% in … Continue ReadingEuler Hermes:  Second recession in Turkey in as many years

IMF blog:  EM not out of woods, insolvency risk rising
Categories Emerging Markets HYPED

IMF blog:  EM not out of woods, insolvency risk rising

Atilla YeşiladaPosted on12 August, 2020

IMF staff issues a blog on the outlook for Developing Nations, or EM, as the … Continue ReadingIMF blog:  EM not out of woods, insolvency risk rising

State aid bypasses Kurds, workers
Categories General

State aid bypasses Kurds, workers

Atilla YeşiladaPosted on9 July, 202011 July, 2020

The Covid-19 epidemic in Turkey has triggered a massive wave of unemployment, as well as … Continue ReadingState aid bypasses Kurds, workers

Xinhua:  Turkey’s economy faces challenges after COVID-19
Categories Economy

Xinhua: Turkey’s economy faces challenges after COVID-19

Atilla YeşiladaPosted on29 May, 20202 June, 2020

Turkey is seeking to end 2020 with a positive economic growth rate despite negative forecasts … Continue ReadingXinhua: Turkey’s economy faces challenges after COVID-19

Turkey reports 1,610 new cases, dreams of V shaped recovery
Categories Business

Turkey reports 1,610 new cases, dreams of V shaped recovery

Editor P.A.Posted on17 May, 202021 May, 2020

Despite prognostications to the contrary, Turkey’s battle against Cvid-19 seems to have stuck a few … Continue ReadingTurkey reports 1,610 new cases, dreams of V shaped recovery

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