Categories Finance General HIGHLIGHTS Can Mehmet Simsek rescue the Turkish economy? Atilla YeşiladaPosted on9 April, 2023 Turkish President Recep Tayyip Erdogan said the market-friendly former finance minister Mehmet Simsek is leading … Continue ReadingCan Mehmet Simsek rescue the Turkish economy?
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 Business HIGHLIGHTS Iraq halts Kurdish crude exports after winning arbitration case against Turkey Atilla YeşiladaPosted on26 March, 2023 Iraq halted 450,000 barrels per day (bpd) of crude exports from the semi-autonomous Kurdistan region … Continue ReadingIraq halts Kurdish crude exports after winning arbitration case against Turkey
Categories Business HIGHLIGHTS Ussal Sahbaz: Turkey’s housing bubble impedes innovation and productivity Atilla YeşiladaPosted on24 March, 2023 A report published this month included the following findings: “Economic activities in our nation’s largest … Continue ReadingUssal Sahbaz: Turkey’s housing bubble impedes innovation and productivity
Categories Business General HIGHLIGHTS Russia hesitant to renew grain deal Atilla YeşiladaPosted on12 March, 2023 Russia’s top diplomat said Thursday that it would be “quite complicated” for Moscow to sign … Continue ReadingRussia hesitant to renew grain deal
Categories Atilla Yeşilada Business HIGHLIGHTS Commentary: Turkey’s Surreal Real Estate Bubble: On Its Last Legs? Atilla YeşiladaPosted on9 March, 2023 Turkey’s Surreal Real Estate Bubble: On Its Last Legs? Japan’s economic miracle … Continue ReadingCommentary: Turkey’s Surreal Real Estate Bubble: On Its Last Legs?
Categories Business General HIGHLIGHTS “Yağız Kutay Işık wrote: Earthquake taxes” Atilla YeşiladaPosted on25 February, 2023 We are currently going through a difficult time. It’s possible that the worst possible situation … Continue Reading“Yağız Kutay Işık wrote: Earthquake taxes”
Categories Business HIGHLIGHTS Tech VoA: Turkey facing sanctions threat from USA Atilla YeşiladaPosted on9 February, 20239 February, 2023 Voice of America reports that the Biden administration is working on making sanctions targeting Russia … Continue ReadingVoA: Turkey facing sanctions threat from USA
Categories Business General HIGHLIGHTS Sinan Ciddi: U.S. Demands More Sanctions Enforcement From Turkey Atilla YeşiladaPosted on4 February, 2023 The U.S. government will warn Turkey that it risks losing access to key markets if … Continue ReadingSinan Ciddi: U.S. Demands More Sanctions Enforcement From Turkey
Categories Business Economy HIGHLIGHTS Turkey’s trade deficit jumps 137 percent in 2022, as tourism revenues boom Atilla YeşiladaPosted on31 January, 2023 Cover Chart: Turkish exports in red, Imports Blue, by Yatirim Finansman Turkey’s tourism revenue … Continue ReadingTurkey’s trade deficit jumps 137 percent in 2022, as tourism revenues boom
Categories Business HYPED Erdogan unveils the greatest state debt amnesty ever Atilla YeşiladaPosted on29 January, 2023 President Tayyip Erdogan has announced the new ‘good news’ before the general elections. Among them … Continue ReadingErdogan unveils the greatest state debt amnesty ever
Categories Business Economy HIGHLIGHTS Dr. Fulya Gurbuz: Leading indicators for January show retail sales supporting economy Atilla YeşiladaPosted on28 January, 2023 According to seasonally adjusted (MA) CBRT and TURKSTAT data, in January; . In sectoral confidence … Continue ReadingDr. Fulya Gurbuz: Leading indicators for January show retail sales supporting economy
Categories Business General HIGHLIGHTS Markets Uganda,Turkey talks begin as China railway deal comes to an end Cem CetingucPosted on14 January, 2023 Uganda has canceled all contractual work it signed with China Harbour Engineering Company to build a 273-kilometer … Continue ReadingUganda,Turkey talks begin as China railway deal comes to an end
Categories Business HIGHLIGHTS Textiles exporters rebel against strong TL Atilla YeşiladaPosted on11 January, 2023 Turkish clothing manufacturers have asked the government for a special exchange rate they say is … Continue ReadingTextiles exporters rebel against strong TL
Categories Business HIGHLIGHTS Erdogan invents new method to combat inflation: Grocery chains forced to fix prices Atilla YeşiladaPosted on11 January, 2023 Six supermarket chains in Turkey have announced that they fixed prices for thousands of products … Continue ReadingErdogan invents new method to combat inflation: Grocery chains forced to fix prices
Categories Business HIGHLIGHTS Economists: Turkey is transitioning to price controls Atilla YeşiladaPosted on9 December, 2022 A strange regulation, called the ‘Regulation on the Principles and Rules to be Applied in … Continue ReadingEconomists: Turkey is transitioning to price controls
Categories Business HIGHLIGHTS Turkey manufacturing activity slumps badly in November Atilla YeşiladaPosted on1 December, 2022 “The headline PMI posted 45.7 in November, down from 46.4 in October and below the … Continue ReadingTurkey manufacturing activity slumps badly in November
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
