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Month: December 2021

Turkish market for at-risk women at standstill after lira crash
Categories Economy HIGHLIGHTS Politics

Turkish market for at-risk women at standstill after lira crash

Güldem AtabayPosted on28 December, 2021

Hazal Tunc and her friends founded Turkey’s first women-only street market eight years ago to … Continue ReadingTurkish market for at-risk women at standstill after lira crash

TL recovery fleeting
Categories Finance HYPED Markets

TL recovery fleeting

Atilla YeşiladaPosted on27 December, 2021

The lira tumbled almost 8% against the dollar on Monday amid persisting investor concern over … Continue ReadingTL recovery fleeting

Tim Ash:  Turkey Q&A
Categories Finance General HIGHLIGHTS

Tim Ash:  Turkey Q&A

Atilla YeşiladaPosted on27 December, 2021

Question? What’s your general take on the Turkish macro/policy story   Answer: I am probably … Continue ReadingTim Ash:  Turkey Q&A

Yasar Yakis:  Turkey’s EU hopes are quietly unraveling
Categories General HYPED

Yasar Yakis:  Turkey’s EU hopes are quietly unraveling

Atilla YeşiladaPosted on27 December, 2021

The EU General Affairs Council held its regular meeting this month and issued a statement … Continue ReadingYasar Yakis:  Turkey’s EU hopes are quietly unraveling

Nikkei Asia:  Turkish elections may hinge on short window of lira calm
Categories General HIGHLIGHTS Politics

Nikkei Asia:  Turkish elections may hinge on short window of lira calm

Atilla YeşiladaPosted on26 December, 2021

After an unprecedented week for Turkey’s currency, one that saw the lira appreciate over 70% … Continue ReadingNikkei Asia:  Turkish elections may hinge on short window of lira calm

Erdogan claims success against “currency bubble”, is he right?
Categories Finance HIGHLIGHTS Markets

Erdogan claims success against “currency bubble”, is he right?

Atilla YeşiladaPosted on26 December, 2021

Turkey’s President Tayyip Erdogan said on Friday the government had burst a bubble in the … Continue ReadingErdogan claims success against “currency bubble”, is he right?

Video-opinion:  Has Erdogan Averted a Currency Crisis?
Categories Atilla Yeşilada General HIGHLIGHTS Politics

Video-opinion:  Has Erdogan Averted a Currency Crisis?

Atilla YeşiladaPosted on24 December, 2021

  Only 23 minutes!   Has Erdogan averted a currency crisis?   Since the CBRT … Continue ReadingVideo-opinion:  Has Erdogan Averted a Currency Crisis?

Turkey’s state banks boosted lira rally after Erdogan rescue plan
Categories Economy HIGHLIGHTS

Turkey’s state banks boosted lira rally after Erdogan rescue plan

Güldem AtabayPosted on23 December, 2021

Turkey’s state banks aggressively sold dollars this week, boosting a rally in the lira after … Continue ReadingTurkey’s state banks boosted lira rally after Erdogan rescue plan

Natasha Turak:  Turkish lira whipsaws from historic low after Erdogan announces rescue plan
Categories Finance HYPED Markets

Natasha Turak:  Turkish lira whipsaws from historic low after Erdogan announces rescue plan

Atilla YeşiladaPosted on23 December, 2021

Dollar/TL pair is trading at 11.38-40 at 5 pm Turkey Time.   Despite the lira’s wild … Continue ReadingNatasha Turak:  Turkish lira whipsaws from historic low after Erdogan announces rescue plan

Anne O. Krueger:  How Erdonomics Sank Turkey
Categories Economy HIGHLIGHTS

Anne O. Krueger:  How Erdonomics Sank Turkey

Atilla YeşiladaPosted on23 December, 2021

Turkey’s economy is in crisis. Inflation is high and rising, economic growth is stalling, foreign-exchange … Continue ReadingAnne O. Krueger:  How Erdonomics Sank Turkey

Turkey prepares to build 3 new warships
Categories General HIGHLIGHTS Tech

Turkey prepares to build 3 new warships

Cem CetingucPosted on22 December, 2021

Turkey’s top defense industry body announced Wednesday that it will hold a tender for the … Continue ReadingTurkey prepares to build 3 new warships

CHP: Wisdom can solve Turkey’s problems
Categories Economy General HIGHLIGHTS Politics

CHP: Wisdom can solve Turkey’s problems

Cem CetingucPosted on22 December, 2021

The economic problems of Turkey can be resolved with wisdom and science, the leader of the Republican … Continue ReadingCHP: Wisdom can solve Turkey’s problems

Foreigner shopping craze in Turkey due to Turkish Lira crash
Categories Economy General HIGHLIGHTS

Foreigner shopping craze in Turkey due to Turkish Lira crash

Cem CetingucPosted on22 December, 202122 December, 2021

The sea of Bulgarian buses parked outside a market in Turkey’s historic city of Edirne … Continue ReadingForeigner shopping craze in Turkey due to Turkish Lira crash

Macro Snapshot: Consumer Confidence Index
Categories Economy Finance HIGHLIGHTS

Macro Snapshot: Consumer Confidence Index

Cem CetingucPosted on22 December, 2021

In December, CCI decreased by 3.1% MoM to 68.9 (November: 71.1) which was the lowest … Continue ReadingMacro Snapshot: Consumer Confidence Index

FORTUNE:  Turkey’s lira leaps by more than 40% in a day after Erdogan unveils new  plan to lure Turks away from dollars
Categories Finance HIGHLIGHTS Markets

FORTUNE:  Turkey’s lira leaps by more than 40% in a day after Erdogan unveils new  plan to lure Turks away from dollars

Atilla YeşiladaPosted on22 December, 2021

The Turkish lira’s wild ride continued with a leap of as much as 43% against … Continue ReadingFORTUNE:  Turkey’s lira leaps by more than 40% in a day after Erdogan unveils new  plan to lure Turks away from dollars

Emerging markets outlook: Geopolitical shifts pave way to new global paradigm
Categories Emerging Markets

Emerging markets outlook: Geopolitical shifts pave way to new global paradigm

Atilla YeşiladaPosted on22 December, 2021

Risks are said to be on the rise in emerging markets as countries struggle to … Continue ReadingEmerging markets outlook: Geopolitical shifts pave way to new global paradigm

DW: As prices soar in Turkey, poverty and discontent deepen-video
Categories General

DW: As prices soar in Turkey, poverty and discontent deepen-video

Atilla YeşiladaPosted on22 December, 2021

https://www.dw.com/en/as-prices-soar-in-turkey-poverty-and-discontent-deepen/av-60145683   The Turkish lira has been hitting all-time lows against the US dollar and … Continue ReadingDW: As prices soar in Turkey, poverty and discontent deepen-video

Russell Napier:  Turkey’s economic meltdown threatens stability of Europe
Categories General HIGHLIGHTS

Russell Napier:  Turkey’s economic meltdown threatens stability of Europe

Atilla YeşiladaPosted on22 December, 2021

It is time to think about Turkey — the country. It may be a faraway … Continue ReadingRussell Napier:  Turkey’s economic meltdown threatens stability of Europe

BREAKING:  As lira swings, some foreign banks review or scale back Turkey exposure – sources
Categories Business Economy Finance HIGHLIGHTS

BREAKING:  As lira swings, some foreign banks review or scale back Turkey exposure – sources

Atilla YeşiladaPosted on21 December, 202121 December, 2021

Reuters just published the following new item on Turkey, which we replicate here in summary … Continue ReadingBREAKING:  As lira swings, some foreign banks review or scale back Turkey exposure – sources

Washington Post:  As Turkey’s economy suffers, Erdogan’s opponents step up efforts aimed at unseating him
Categories HIGHLIGHTS Politics

Washington Post:  As Turkey’s economy suffers, Erdogan’s opponents step up efforts aimed at unseating him

Atilla YeşiladaPosted on21 December, 2021

ISTANBUL — The city’s popular mayor was surrounded by enthusiastic crowds, talking about his hopes … Continue ReadingWashington Post:  As Turkey’s economy suffers, Erdogan’s opponents step up efforts aimed at unseating him

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