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Month: July 2021

Holiday spending spells relief for the economy
Categories Economy HIGHLIGHTS

Holiday spending spells relief for the economy

Atilla YeşiladaPosted on31 July, 2021

Turkey’s anemic economy received a shot in the arm thanks to a 9-day Eid al … Continue ReadingHoliday spending spells relief for the economy

UPDATE:  Forest fires still out of control in South
Categories General HIGHLIGHTS

UPDATE:  Forest fires still out of control in South

Atilla YeşiladaPosted on31 July, 2021

At least six  people have been killed in southern Turkey as forest fires rage near … Continue ReadingUPDATE:  Forest fires still out of control in South

Central bank of Turkey revised up its end of year CPI inflation estimation; credibility still suffers
Categories Economy Finance HIGHLIGHTS Markets

Central bank of Turkey revised up its end of year CPI inflation estimation; credibility still suffers

Güldem AtabayPosted on29 July, 2021

Through the announcement of its third Inflation Report of the year, Turkey’s central bank (CBRT) … Continue ReadingCentral bank of Turkey revised up its end of year CPI inflation estimation; credibility still suffers

Forest fires  choking Turkey’s South
Categories Business General HIGHLIGHTS

Forest fires  choking Turkey’s South

Atilla YeşiladaPosted on29 July, 2021

Forest fires spread to a vast area in southern Turkish provinces on Thursday, from the … Continue ReadingForest fires  choking Turkey’s South

First flare at Sakarya Gas Field
Categories Company & Industry General HIGHLIGHTS

First flare at Sakarya Gas Field

Cem CetingucPosted on29 July, 2021

Turkey lit the first gas flare in the Sakarya Gas Field located in the Black Sea during a ceremony on July … Continue ReadingFirst flare at Sakarya Gas Field

Turkey rapidly advancing its drone warfare capacity
Categories Business General Politics Tech

Turkey rapidly advancing its drone warfare capacity

Cem CetingucPosted on29 July, 2021

NEW YORK/ISTANBUL — In a video posted from his personal Twitter account last week, the … Continue ReadingTurkey rapidly advancing its drone warfare capacity

Germany Warns Turkey’s Exiled Media of Apparent Hit List
Categories General Politics

Germany Warns Turkey’s Exiled Media of Apparent Hit List

Cem CetingucPosted on29 July, 2021

WASHINGTON – Celal Baslangic was at his Cologne home on July 16 when two German … Continue ReadingGermany Warns Turkey’s Exiled Media of Apparent Hit List

Turkey to build two corvettes for Ukraine
Categories General

Turkey to build two corvettes for Ukraine

Cem CetingucPosted on29 July, 2021

ANKARA, Turkey — A December 2020 deal between Turkey and Ukraine for the sale of an unknown … Continue ReadingTurkey to build two corvettes for Ukraine

US calls Turkey to keep away from Russia
Categories General Politics

US calls Turkey to keep away from Russia

Cem CetingucPosted on29 July, 2021

During the last Eid al-Adha holiday, the session held at the U.S. Senate Foreign Relations … Continue ReadingUS calls Turkey to keep away from Russia

POLL-Turkish inflation seen rising to 18.5% in July, pressuring cenbank
Categories Economy General HIGHLIGHTS

POLL-Turkish inflation seen rising to 18.5% in July, pressuring cenbank

Güldem AtabayPosted on28 July, 2021

Turkey’s inflation is expected to surge to 18.50% in July from 17.5% in June, partly … Continue ReadingPOLL-Turkish inflation seen rising to 18.5% in July, pressuring cenbank

Foreign Policy: Cracks Are Growing in the Erdogan Regime
Categories Economy HIGHLIGHTS Politics

Foreign Policy: Cracks Are Growing in the Erdogan Regime

Güldem AtabayPosted on28 July, 2021

 Steven A. Cook/ Anyone who has ever spent time in Washington knows that briefings with … Continue ReadingForeign Policy: Cracks Are Growing in the Erdogan Regime

IMF lowers Turkey growth forecasts
Categories Economy HIGHLIGHTS

IMF lowers Turkey growth forecasts

Atilla YeşiladaPosted on27 July, 2021

The International Monetary Fund (IMF) revised up its global economic growth forecast to 4.9% for … Continue ReadingIMF lowers Turkey growth forecasts

EU shows teeth in Cyprus conflict
Categories HIGHLIGHTS Politics

EU shows teeth in Cyprus conflict

Atilla YeşiladaPosted on27 July, 2021

The EU on Tuesday warned that the bloc’s foreign ministers will consider remedial action against … Continue ReadingEU shows teeth in Cyprus conflict

Opposition leader Kilicdaroglu (CHP) leads campaign against open-door policy for refugees
Categories HIGHLIGHTS Politics

Opposition leader Kilicdaroglu (CHP) leads campaign against open-door policy for refugees

Atilla YeşiladaPosted on27 July, 2021

Last week, Kilicdaroglu pledged that if CHP takes power, he will implement a new foreign … Continue ReadingOpposition leader Kilicdaroglu (CHP) leads campaign against open-door policy for refugees

Emerging Markets arrive late to the SPAC party
Categories Emerging Markets Finance

Emerging Markets arrive late to the SPAC party

Atilla YeşiladaPosted on27 July, 2021

Emerging markets have so far been on the fringes of a fundraising boom using so-called … Continue ReadingEmerging Markets arrive late to the SPAC party

The people of Turkey don’t trust the government of Turkey
Categories Economy General HIGHLIGHTS

The people of Turkey don’t trust the government of Turkey

Atilla YeşiladaPosted on27 July, 2021

OECD’s Government at a Glance 201 Report (published in June 2021) provides internationally comparable evidence … Continue ReadingThe people of Turkey don’t trust the government of Turkey

HALKB: 2Q Preview, Target Price & Rating Revision – Uphill Battle
Categories Business Company & Industry

HALKB: 2Q Preview, Target Price & Rating Revision – Uphill Battle

Cem CetingucPosted on26 July, 2021

Higher funding and credit risk costs remain as risk factors Following the strong loan growth … Continue ReadingHALKB: 2Q Preview, Target Price & Rating Revision – Uphill Battle

AKP wants more media censorship
Categories General HYPED Tech

AKP wants more media censorship

Atilla YeşiladaPosted on26 July, 2021

Presidency’s Communications Director Fahrettin Altun has talked about the news regarding some media outlets funded … Continue ReadingAKP wants more media censorship

Is Turkey safe for tourism?
Categories Business HIGHLIGHTS

Is Turkey safe for tourism?

Atilla YeşiladaPosted on26 July, 2021

    Is Turkey Safe for Tourism?   If you are vaccinated yes.   65 … Continue ReadingIs Turkey safe for tourism?

Reuters’ EXCLUSIVE: Turkey’s banks set for capital healing after pandemic battle -sources
Categories Business Company & Industry HIGHLIGHTS

Reuters’ EXCLUSIVE: Turkey’s banks set for capital healing after pandemic battle -sources

Atilla YeşiladaPosted on24 July, 2021

This is only a segment of the Reuters report, which PA Turkey is re-publishing, because … Continue ReadingReuters’ EXCLUSIVE: Turkey’s banks set for capital healing after pandemic battle -sources

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