Categories Finance HIGHLIGHTS Flow of funds Report: CBRT reserves decline, foreign funds buy TL assets Atilla YeşiladaPosted on23 November, 2024
Categories Finance HIGHLIGHTS Morgan Stanley: Turkey rate cuts knocking on the door Atilla YeşiladaPosted on23 November, 2024
Categories General HIGHLIGHTS Australia and Turkey vie to host pivotal 2026 climate talks Cem CetingucPosted on22 November, 2024
Categories Company & Industry HIGHLIGHTS Google restrictions endanger independent media in Turkey Cem CetingucPosted on22 November, 2024
Gold smuggling scandal tied to Turkish MP resignations poised to widen While three MPs from the ruling coalition partner MHP have recently resigned amidst allegations tied … Continue ReadingGold smuggling scandal tied to Turkish MP resignations poised to widen
Categories Emerging Markets HIGHLIGHTS Another stain on EM story: Social unrest underway Atilla YeşiladaPosted on17 July, 202017 July, 2020 With Russia, India, South Africa and Brazil groaning under the burden of Covid-19 epidemics, low … Continue ReadingAnother stain on EM story: Social unrest underway
Categories Economy An introduction to Erdoganomics: Stealing from tomorrow to save the day Atilla YeşiladaPosted on17 July, 202017 July, 2020 President Erdogan’s economic policies don’t fit any school of economic thought known on Planet Earth … Continue ReadingAn introduction to Erdoganomics: Stealing from tomorrow to save the day
Categories Economy Finance General HIGHLIGHTS Turkish state banks fx sales add to USD100bn Editor P.A.Posted on17 July, 202018 July, 2020 Turkish state banks have doubled their short foreign currency positions in six weeks to $8.3 … Continue ReadingTurkish state banks fx sales add to USD100bn
Categories Economy June 2020 Budget: Deterioration on the outlook continues Atilla YeşiladaPosted on17 July, 202017 July, 2020 In June, Budget gave a deficit of TRY19.4bn. Albeit there was no consensus available for … Continue ReadingJune 2020 Budget: Deterioration on the outlook continues
Categories Emerging Markets General HIGHLIGHTS Goldman Sachs revises world forecasts Atilla YeşiladaPosted on17 July, 202017 July, 2020 We share excerpts from the latest Goldman Report: Recovery continues apace Globally, the world economy … Continue ReadingGoldman Sachs revises world forecasts
Categories Economy HIGHLIGHTS Turkstat: Households spend half of their budget on shelter and food Atilla YeşiladaPosted on17 July, 202017 July, 2020 Turkstat’s 2019 survey of household expenditures reveal the picture of an economy slowly sinking from … Continue ReadingTurkstat: Households spend half of their budget on shelter and food
Categories Economy Emerging Markets General HIGHLIGHTS Turkey’s fiscal dismal- and COVID-19 is not only cause Güldem AtabayPosted on16 July, 202017 July, 2020 The math is simple: Turkey’s fiscal accounts that already have been deteriorating before COVID-19 is … Continue ReadingTurkey’s fiscal dismal- and COVID-19 is not only cause
Categories Business HYPED Tech Turkish companies e-reaching out to MENA region Atilla YeşiladaPosted on16 July, 202016 July, 2020 Even though Turkey is a latecomer to e-commerce, Covid-19 lockdowns reinvigorated interest in on-line shopping … Continue ReadingTurkish companies e-reaching out to MENA region
Categories General A British couple share their experience during Turkey vacation Atilla YeşiladaPosted on16 July, 202016 July, 2020 Is Turkey safe to travel? EU says NO, Russia says YES. Why do we care? … Continue ReadingA British couple share their experience during Turkey vacation
Categories Economy HIGHLIGHTS Markets Tim Ash answers FAQ about Turkey Atilla YeşiladaPosted on16 July, 202016 July, 2020 Q: Turkey is a big EM credit, what is the foreign investor view of the … Continue ReadingTim Ash answers FAQ about Turkey
Categories Atilla Yeşilada General Turkey: Losing Her Religion Atilla YeşiladaPosted on16 July, 202017 July, 2020 The re-conversion of Hagia Sophia from museum to mosque is a despicably populist act, which … Continue ReadingTurkey: Losing Her Religion
Categories Business Tourism in emerging markets faces slow recovery from virus wipe-out: IIF Atilla YeşiladaPosted on16 July, 202016 July, 2020 The coronavirus crisis decimated tourism in developing countries such as the Dominican Republic, Turkey, Vietnam … Continue ReadingTourism in emerging markets faces slow recovery from virus wipe-out: IIF
Categories General Politics Turkey’s 2016-2018 state of emergency a ‘social genocide program’ Atilla YeşiladaPosted on15 July, 202017 July, 2020 At the forth anniversary of the Gulen-organized July coup attempt, the government an opposition still … Continue ReadingTurkey’s 2016-2018 state of emergency a ‘social genocide program’
Categories General Politics Libya: Threat of an Egypt-Turkey war? Atilla YeşiladaPosted on15 July, 202017 July, 2020 After Turkish Foreign Minister Mr Mevlut Cavusoglu turned down cease-fire offers, he pronounced that Turkish … Continue ReadingLibya: Threat of an Egypt-Turkey war?
Categories General Armenia and Azerbaijan: Deadliest clashes since 2016 Atilla YeşiladaPosted on15 July, 202017 July, 2020 One of the simmering and forgotten conflicts in Turkey’s neighborhood is the Nagorno-Karabakh controversy between … Continue ReadingArmenia and Azerbaijan: Deadliest clashes since 2016
Categories Economy Emerging Markets Finance Politics Turkey’s debt driven housing boom in June Editor P.A.Posted on14 July, 202014 July, 2020 Turkey’s house sales skyrocketed by 209.7% yoy in June 2020 and reached 190K. The breakdown … Continue ReadingTurkey’s debt driven housing boom in June
Categories Business General Bad news for Turkish tourism: EU to extend external travel ban Atilla YeşiladaPosted on14 July, 202014 July, 2020 The European Union will recommend keeping its external borders shut to Americans and most other … Continue ReadingBad news for Turkish tourism: EU to extend external travel ban
Categories Economy Emerging Markets S&P slashes emerging market GDP forecasts Atilla YeşiladaPosted on14 July, 202015 July, 2020 Ratings agency S&P Global cut its emerging market forecasts on Monday, predicting a 4.7% slump … Continue ReadingS&P slashes emerging market GDP forecasts
Categories Markets Monthly Equity Strategy: Signs of V-shaped recovery (or not)? Atilla YeşiladaPosted on14 July, 202017 July, 2020 Fast credit growth, the recovery in credit card spending, especially the revival of housing, … Continue ReadingMonthly Equity Strategy: Signs of V-shaped recovery (or not)?
Categories Business Jamestown Foundation: Coronavirus Pandemic Provides Surprising Momentum to Trans-Eurasian Rail Transportation Atilla YeşiladaPosted on14 July, 202017 July, 2020 The COVID-19 pandemic generated many challenges for trans-Eurasian transportation corridors as borders were shut down, … Continue ReadingJamestown Foundation: Coronavirus Pandemic Provides Surprising Momentum to Trans-Eurasian Rail Transportation