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Month: June 2021

Top Turkish court rejects appeal for reversal of women’s rights treaty exit
Categories HIGHLIGHTS Politics

Top Turkish court rejects appeal for reversal of women’s rights treaty exit

Güldem AtabayPosted on30 June, 2021

The Turkish Council of State, the country’s highest administrative court, has rejected an appeal calling … Continue ReadingTop Turkish court rejects appeal for reversal of women’s rights treaty exit

Turkish inflation seen accelerating to 16.9 percent in June
Categories Economy Emerging Markets HIGHLIGHTS

Turkish inflation seen accelerating to 16.9 percent in June

Güldem AtabayPosted on30 June, 2021

Turkey’s consumer price inflation rate may climb to 16.9 percent in June according to FOREKS, citing … Continue ReadingTurkish inflation seen accelerating to 16.9 percent in June

OECD urges Turkey to fight against foreign bribery
Categories Finance General HIGHLIGHTS

OECD urges Turkey to fight against foreign bribery

Güldem AtabayPosted on30 June, 2021

The OECD Working Group on Bribery on Tuesday called on Turkey to urgently implement key reforms to … Continue ReadingOECD urges Turkey to fight against foreign bribery

Turkey extends amnesty on wealth repatriation
Categories Economy Finance General HIGHLIGHTS

Turkey extends amnesty on wealth repatriation

Güldem AtabayPosted on30 June, 2021

Turkey’s government extended an amnesty on the free entry into the country of assets including … Continue ReadingTurkey extends amnesty on wealth repatriation

Turkey establishes price stability committee to help tackle inflation
Categories Economy General HIGHLIGHTS

Turkey establishes price stability committee to help tackle inflation

Güldem AtabayPosted on30 June, 2021

Turkey’s government established a price stability committee aimed at bringing down double-digit inflation. The formation … Continue ReadingTurkey establishes price stability committee to help tackle inflation

Ex-NY mayor facing inquiry over possible Turkey lobbying
Categories HIGHLIGHTS Politics

Ex-NY mayor facing inquiry over possible Turkey lobbying

Güldem AtabayPosted on30 June, 2021

he U.S. Justice Department has launched an inquiry into possible foreign lobbying for Turkey by … Continue ReadingEx-NY mayor facing inquiry over possible Turkey lobbying

May trade deficit up a staggering 20 percent and…
Categories Economy HIGHLIGHTS

May trade deficit up a staggering 20 percent and…

Güldem AtabayPosted on30 June, 2021

May trade deficit up a staggering 20 percent Turkey’s foreign trade deficit widened by an … Continue ReadingMay trade deficit up a staggering 20 percent and…

Turkish central bank may revert to Albayrak-style policy to boost lira deposits
Categories Economy Finance General HIGHLIGHTS

Turkish central bank may revert to Albayrak-style policy to boost lira deposits

Güldem AtabayPosted on24 June, 2021

Turkey’s central bank may introduce unorthodox measures to encourage Turks to deposit cash in liras … Continue ReadingTurkish central bank may revert to Albayrak-style policy to boost lira deposits

ECFR: How the European Green Deal can save the EU’s relationship with Turkey
Categories Business Economy General HIGHLIGHTS Politics

ECFR: How the European Green Deal can save the EU’s relationship with Turkey

Güldem AtabayPosted on24 June, 2021

Europeans know that the EU needs to create a new paradigm in its relationship with … Continue ReadingECFR: How the European Green Deal can save the EU’s relationship with Turkey

Mobster videos renew scrutiny on Turkey’s wealth amnesty law
Categories Economy Finance HIGHLIGHTS Politics

Mobster videos renew scrutiny on Turkey’s wealth amnesty law

Güldem AtabayPosted on24 June, 2021

YouTube videos of convicted Turkish mob boss Sedat Peker accusing government officials of corruption and … Continue ReadingMobster videos renew scrutiny on Turkey’s wealth amnesty law

Swap deal with Azerbaijan next; Reuters cliams
Categories Economy HIGHLIGHTS Politics

Swap deal with Azerbaijan next; Reuters cliams

Güldem AtabayPosted on23 June, 2021

Turkish central bank governor Kavcioglu pledged to senior members of the Banks’ Association of Turkey on Tuesday to … Continue ReadingSwap deal with Azerbaijan next; Reuters cliams

Fitch: Turkish Corporates Take Steps to Address FX Mismatches
Categories Economy HIGHLIGHTS

Fitch: Turkish Corporates Take Steps to Address FX Mismatches

Güldem AtabayPosted on22 June, 2021

Turkish companies have reduced the proportion of their debt denominated in foreign currencies and are … Continue ReadingFitch: Turkish Corporates Take Steps to Address FX Mismatches

US seeks seizure of shady tycoon’s assets in Turkey
Categories Economy Finance General HIGHLIGHTS Politics

US seeks seizure of shady tycoon’s assets in Turkey

Güldem AtabayPosted on21 June, 2021

The United States seeks the seizure of shady Turkish businessman Sezgin Baran Korkmaz’s assets as … Continue ReadingUS seeks seizure of shady tycoon’s assets in Turkey

Turkish court accepts indictment seeking ban of pro-Kurdish HDP
Categories Economy General Politics

Turkish court accepts indictment seeking ban of pro-Kurdish HDP

Güldem AtabayPosted on21 June, 2021

Turkish Constitutional Court on June 21 accepted an indictment filed by a senior prosecutor seeking … Continue ReadingTurkish court accepts indictment seeking ban of pro-Kurdish HDP

Turkey Holds Rates as Weak Lira Clouds Inflation Outlook
Categories Economy HIGHLIGHTS

Turkey Holds Rates as Weak Lira Clouds Inflation Outlook

Güldem AtabayPosted on17 June, 2021

Turkey’s central bank kept interest rates unchanged for a third month on Thursday, but adopted … Continue ReadingTurkey Holds Rates as Weak Lira Clouds Inflation Outlook

Residential Property Price Index (RPPI) increased 32.4 percent in nominal terms
Categories Economy General

Residential Property Price Index (RPPI) increased 32.4 percent in nominal terms

Cem CetingucPosted on17 June, 202117 June, 2021

In April 2021, RPPI increased monthly by 2.0 percent, recorded an annual increase of 32.4 … Continue ReadingResidential Property Price Index (RPPI) increased 32.4 percent in nominal terms

Turkish-Russian Relations: A Puzzle that Shakes the Middle East*
Categories Economy General HIGHLIGHTS Politics

Turkish-Russian Relations: A Puzzle that Shakes the Middle East*

Güldem AtabayPosted on16 June, 2021

As Russia and Turkey celebrate the 100-year anniversary of the signature of the treaty of … Continue ReadingTurkish-Russian Relations: A Puzzle that Shakes the Middle East*

Tim Ash: Putin/Biden summit – attempting to move on from Fight Club rules
Categories Economy General HIGHLIGHTS Politics

Tim Ash: Putin/Biden summit – attempting to move on from Fight Club rules

Güldem AtabayPosted on16 June, 2021

Hard to see this as a game changing summit. Both have a strong interest to … Continue ReadingTim Ash: Putin/Biden summit – attempting to move on from Fight Club rules

CBRT and China expand swap agreement
Categories Business Economy General

CBRT and China expand swap agreement

Cem CetingucPosted on16 June, 2021

The Turkish Central Bank (CBRT) and People’s Bank of China (PBOC) expanded their swap agreement, which was signed in May 2019, … Continue ReadingCBRT and China expand swap agreement

Turkey’s relations with Libya increased with new administration in Tripoli
Categories Business General Markets

Turkey’s relations with Libya increased with new administration in Tripoli

Cem CetingucPosted on16 June, 2021

Turkey’s relations with Libya have grown with the new interim government in Tripoli to match … Continue ReadingTurkey’s relations with Libya increased with new administration in Tripoli

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