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Month: June 2021

Turkey’s Halkbank Jumps Amid Speculation on U.S. Court Case
Categories Economy HIGHLIGHTS Politics

Turkey’s Halkbank Jumps Amid Speculation on U.S. Court Case

Güldem AtabayPosted on15 June, 2021

Halkbank shares jump as much as 7.9% and trade 6.1% higher as of 5:32pm in … Continue ReadingTurkey’s Halkbank Jumps Amid Speculation on U.S. Court Case

TURKSTAT: The richest 10 percent have income 14.6 times higher than the poorest 10 percent!
Categories Economy HIGHLIGHTS

TURKSTAT: The richest 10 percent have income 14.6 times higher than the poorest 10 percent!

Güldem AtabayPosted on15 June, 2021

According to TURKSTAT, the income of the richest 10% of the population is 14.6 times … Continue ReadingTURKSTAT: The richest 10 percent have income 14.6 times higher than the poorest 10 percent!

May 2021 fiscal performance: Deferred taxes in the pandemic help this year
Categories Economy HIGHLIGHTS

May 2021 fiscal performance: Deferred taxes in the pandemic help this year

Güldem AtabayPosted on15 June, 2021

According to the Ministry of Treasury and Finance, the central government budget posted a deficit … Continue ReadingMay 2021 fiscal performance: Deferred taxes in the pandemic help this year

Amberin Zaman: Erdogan’s meeting with Biden more spin than substance
Categories HIGHLIGHTS Politics

Amberin Zaman: Erdogan’s meeting with Biden more spin than substance

Güldem AtabayPosted on15 June, 2021

The long-awaited meeting today between Turkish President Recep Tayyip Erdogan and US President Joe Biden went … Continue ReadingAmberin Zaman: Erdogan’s meeting with Biden more spin than substance

Murat Yetkin: Erdoğan, Biden talk Afghanistan, S400s at 1st meeting
Categories Economy HIGHLIGHTS Politics

Murat Yetkin: Erdoğan, Biden talk Afghanistan, S400s at 1st meeting

Güldem AtabayPosted on14 June, 2021

The long-awaited first meeting between President Recep Tayyip Erdoğan and U.S. President Joe Biden as … Continue ReadingMurat Yetkin: Erdoğan, Biden talk Afghanistan, S400s at 1st meeting

Turkey’s current account narrowing
Categories Economy HIGHLIGHTS

Turkey’s current account narrowing

Güldem AtabayPosted on14 June, 2021

Turkey’s current account deficit narrowed by 67.7% in April as the foreign trade balance improved … Continue ReadingTurkey’s current account narrowing

AKP is killing art during the pandemic
Categories General Politics

AKP is killing art during the pandemic

Cem CetingucPosted on14 June, 202114 June, 2021

Kenan Behzat Sharpe Since COVID-19 began to impact Turkey in March 2020, concerts have been … Continue ReadingAKP is killing art during the pandemic

IMF Says Turkey’s Economy Prone to Shocks Amid Reserve Losses
Categories Economy HIGHLIGHTS HYPED

IMF Says Turkey’s Economy Prone to Shocks Amid Reserve Losses

Güldem AtabayPosted on14 June, 2021

The International Monetary Fund forecast strong growth for Turkey this year, while saying risks have … Continue ReadingIMF Says Turkey’s Economy Prone to Shocks Amid Reserve Losses

Erdogan’s summit with Biden clouded by bitter disputes
Categories Economy HIGHLIGHTS Politics

Erdogan’s summit with Biden clouded by bitter disputes

Güldem AtabayPosted on14 June, 2021

No stranger to rocky relations with Washington, President Tayyip Erdogan holds his first meeting with … Continue ReadingErdogan’s summit with Biden clouded by bitter disputes

Erdogan says Turkey has raised FX swap deal with China to $6 bln
Categories Economy HIGHLIGHTS

Erdogan says Turkey has raised FX swap deal with China to $6 bln

Güldem AtabayPosted on13 June, 2021

President Tayyip Erdogan said on Sunday that Turkey’s central bank had agreed with China to … Continue ReadingErdogan says Turkey has raised FX swap deal with China to $6 bln

Caixin:  Asia’s Ruined Run of Pandemic Success
Categories Emerging Markets General

Caixin:  Asia’s Ruined Run of Pandemic Success

Atilla YeşiladaPosted on13 June, 2021

      Prior to April, Taiwan hadn’t recorded a single local transmission of the … Continue ReadingCaixin:  Asia’s Ruined Run of Pandemic Success

FT/Ayse Jean Ackley:  Dollar blow for Turkey as tourism season runs into the sand
Categories Business HIGHLIGHTS

FT/Ayse Jean Ackley:  Dollar blow for Turkey as tourism season runs into the sand

Atilla YeşiladaPosted on12 June, 2021

In the resort destination of Marmaris, nestled between turquoise waters and pine-covered mountains on Turkey’s south-west coast, … Continue ReadingFT/Ayse Jean Ackley:  Dollar blow for Turkey as tourism season runs into the sand

Video Commentary:  Fate of TL, Interest Rates to be Set by Erdogan-Biden Meeting
Categories HIGHLIGHTS Markets Politics

Video Commentary:  Fate of TL, Interest Rates to be Set by Erdogan-Biden Meeting

Atilla YeşiladaPosted on11 June, 2021

  First contact between Presidents R. T. Erdogan and Joe Biden will take place on … Continue ReadingVideo Commentary:  Fate of TL, Interest Rates to be Set by Erdogan-Biden Meeting

JP Morgan Turkey strategy:  Strong growth warrants tight policies
Categories Business Economy HIGHLIGHTS

JP Morgan Turkey strategy:  Strong growth warrants tight policies

Atilla YeşiladaPosted on11 June, 2021

 Despite the lockdown and much slower loan growth, we have revised our 2021 growth … Continue ReadingJP Morgan Turkey strategy:  Strong growth warrants tight policies

TL down, inflation up in the central bank’s market expectations survey
Categories Economy HIGHLIGHTS

TL down, inflation up in the central bank’s market expectations survey

Güldem AtabayPosted on11 June, 2021

The Central Bank’s study, known as the Expectations Survey for June but whose name was … Continue ReadingTL down, inflation up in the central bank’s market expectations survey

Turkey’s April industrial production index fell 0.9% over March
Categories Economy HIGHLIGHTS

Turkey’s April industrial production index fell 0.9% over March

Güldem AtabayPosted on11 June, 2021

Turkey’s April industrial production index released by TURKSTAT, increased by 66% compared to the same … Continue ReadingTurkey’s April industrial production index fell 0.9% over March

Uneven pandemic recovery: Advanced economies grow exponentially while emerging markets struggle
Categories Economy Emerging Markets General

Uneven pandemic recovery: Advanced economies grow exponentially while emerging markets struggle

Cem CetingucPosted on11 June, 202111 June, 2021

A stark inequality has emerged in the recovery from COVID-19, with advanced economies growing exponentially … Continue ReadingUneven pandemic recovery: Advanced economies grow exponentially while emerging markets struggle

Watchdog warns of aid disaster in Syria; shelling kills 11
Categories General

Watchdog warns of aid disaster in Syria; shelling kills 11

Atilla YeşiladaPosted on11 June, 2021

A leading rights group warned Thursday that millions of Syrians risk losing access to lifesaving … Continue ReadingWatchdog warns of aid disaster in Syria; shelling kills 11

Can Turkey and the Us Reconcile? With Sinan Ülgen
Categories General HIGHLIGHTS Politics

Can Turkey and the Us Reconcile? With Sinan Ülgen

Atilla YeşiladaPosted on11 June, 2021

World Unfiltered Specials   Guest: Sinan Ülgen (EDAM)   Presenter: Prof. Scott Lucas   Title: … Continue ReadingCan Turkey and the Us Reconcile? With Sinan Ülgen

A group of AKP MPs ‘complained about Soylu for targeting ex-officials’
Categories HIGHLIGHTS Politics

A group of AKP MPs ‘complained about Soylu for targeting ex-officials’

Güldem AtabayPosted on10 June, 2021

A group of ruling Justice and Development Party (AKP) deputies has voiced discontent with Interior … Continue ReadingA group of AKP MPs ‘complained about Soylu for targeting ex-officials’

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