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Month: March 2022

Prof Turalay Kenç:  Turkey’s unorthodox monetary policy
Categories Economy HIGHLIGHTS

Prof Turalay Kenç:  Turkey’s unorthodox monetary policy

Atilla YeşiladaPosted on4 March, 2022

Economic history resoundingly shows that monetary stimulus alone to boost economic growth against the backdrop … Continue ReadingProf Turalay Kenç:  Turkey’s unorthodox monetary policy

JP Morgan  on Turkey: Broad-based price pressures push inflation above 50% in February
Categories Economy HIGHLIGHTS

JP Morgan  on Turkey: Broad-based price pressures push inflation above 50% in February

Atilla YeşiladaPosted on3 March, 2022

The upside surprise in February CPI data and the presence of strong price pressures encouraged … Continue ReadingJP Morgan  on Turkey: Broad-based price pressures push inflation above 50% in February

MENA faces a crisis as the world’s key wheat producers are at war
Categories Business Company & Industry Emerging Markets HIGHLIGHTS

MENA faces a crisis as the world’s key wheat producers are at war

Cem CetingucPosted on3 March, 2022

The near future looks grim for the countries in the Middle East and North Africa … Continue ReadingMENA faces a crisis as the world’s key wheat producers are at war

Turkey’s manufacturing in February: Slower but steady
Categories Business Company & Industry Economy HIGHLIGHTS

Turkey’s manufacturing in February: Slower but steady

Cem CetingucPosted on3 March, 20223 March, 2022

Turkey’s factory activity barely grew for a second straight month in February, a survey showed … Continue ReadingTurkey’s manufacturing in February: Slower but steady

Turkish part of Cyprus reels under lira crisis amid stark dependence on Ankara
Categories Business Economy HIGHLIGHTS Politics

Turkish part of Cyprus reels under lira crisis amid stark dependence on Ankara

Cem CetingucPosted on3 March, 20223 March, 2022

In the breakaway statelet of northern Cyprus, people are grappling with a perfect economic storm, … Continue ReadingTurkish part of Cyprus reels under lira crisis amid stark dependence on Ankara

Israel says outreach to Turkey won’t come at Cyprus’ expense
Categories General HIGHLIGHTS Politics

Israel says outreach to Turkey won’t come at Cyprus’ expense

Cem CetingucPosted on3 March, 2022

Any bid by Israel to improve strained ties with Turkey won’t come at the expense … Continue ReadingIsrael says outreach to Turkey won’t come at Cyprus’ expense

Business dropped 50 percent for Turkish brands in Russia
Categories Business Company & Industry HIGHLIGHTS Markets

Business dropped 50 percent for Turkish brands in Russia

Cem CetingucPosted on3 March, 2022

As a result of the Russia-Ukraine war, business in nearly a thousand brands operating in … Continue ReadingBusiness dropped 50 percent for Turkish brands in Russia

Categories General

‘Reinforced Parliamentary regime is not a solution to Turkey’s all problems’

Güldem AtabayPosted on3 March, 2022

After months-long negotiations and efforts, main opposition Republican People’s Party (CHP), İYİ Party, Felicity Party … Continue Reading‘Reinforced Parliamentary regime is not a solution to Turkey’s all problems’

Turkish government opens olive groves to mining
Categories Economy General Politics

Turkish government opens olive groves to mining

Güldem AtabayPosted on2 March, 2022

The Justice and Development Party (AKP) government on March 1 released a decree in the … Continue ReadingTurkish government opens olive groves to mining

Turkey wants invasion to end but ‘has no inclination’ to join sanctions against Russia
Categories Economy HIGHLIGHTS Politics

Turkey wants invasion to end but ‘has no inclination’ to join sanctions against Russia

Güldem AtabayPosted on2 March, 2022

Turkey does not intend to join sanctions against Russia over its invasion of Ukraine, Minister … Continue ReadingTurkey wants invasion to end but ‘has no inclination’ to join sanctions against Russia

Ukraine crisis: Purchase order cancellations reached 200 million dollars in Turkish clothing sector
Categories Business Company & Industry General Markets

Ukraine crisis: Purchase order cancellations reached 200 million dollars in Turkish clothing sector

Cem CetingucPosted on2 March, 20222 March, 2022

After Russia’s declaration of war on Ukraine last week, the effects of the economic sanctions … Continue ReadingUkraine crisis: Purchase order cancellations reached 200 million dollars in Turkish clothing sector

U.S. rallies Turkey, other Syria allies, gauges impact on Russia
Categories Economy HIGHLIGHTS Politics

U.S. rallies Turkey, other Syria allies, gauges impact on Russia

Güldem AtabayPosted on2 March, 2022

The United States will bring together the envoys of allied nations involved in Syria, Asharq … Continue ReadingU.S. rallies Turkey, other Syria allies, gauges impact on Russia

Turkish worker strikes hit highest level since 1970s as living costs spiral
Categories Business HIGHLIGHTS

Turkish worker strikes hit highest level since 1970s as living costs spiral

Atilla YeşiladaPosted on1 March, 2022

Strikes in Turkey have reached a level not seen since the 1970s as workers seek … Continue ReadingTurkish worker strikes hit highest level since 1970s as living costs spiral

Turkey’s opposition alliance leads Erdoğan’s People’s Alliance
Categories Economy HIGHLIGHTS Politics

Turkey’s opposition alliance leads Erdoğan’s People’s Alliance

Güldem AtabayPosted on1 March, 2022

The combined voting rate of four opposition parties exceeds 45 percent, about five points higher … Continue ReadingTurkey’s opposition alliance leads Erdoğan’s People’s Alliance

Putin’s ‘senseless war’ in Ukraine gets slammed by writers across the Globe
Categories General HIGHLIGHTS HYPED

Putin’s ‘senseless war’ in Ukraine gets slammed by writers across the Globe

Cem CetingucPosted on1 March, 2022

More than 1,000 writers from around the world, including Salman Rushdie, Margaret Atwood and Nobel … Continue ReadingPutin’s ‘senseless war’ in Ukraine gets slammed by writers across the Globe

Macro Snapshot: Foreign Trade Statistics
Categories Company & Industry Economy HIGHLIGHTS

Macro Snapshot: Foreign Trade Statistics

Cem CetingucPosted on1 March, 2022

Foreign trade deficit increased by 234.9% YoY to USD10.3bn in January (Dec.21: USD-6.8bn, Jan.21: USD-3.1bn) … Continue ReadingMacro Snapshot: Foreign Trade Statistics

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