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Month: April 2022

Pro-Russian oligarch kicked out of AKP
Categories General HYPED

Pro-Russian oligarch kicked out of AKP

Atilla YeşiladaPosted on6 April, 2022

Russian oligarchs are the primary enablers of President Vladimir Putin’s kleptocratic authoritarianism, but they aren’t … Continue ReadingPro-Russian oligarch kicked out of AKP

World Bank:  Are we ready for the coming spate of debt crises?
Categories Emerging Markets HIGHLIGHTS

World Bank:  Are we ready for the coming spate of debt crises?

Atilla YeşiladaPosted on6 April, 2022

Higher inflation. Slower growth. Tightening financial conditions. In recent weeks, Russia’s invasion of Ukraine has … Continue ReadingWorld Bank:  Are we ready for the coming spate of debt crises?

Commentary:  CPI inflation could test 70% mid-year
Categories Economy HYPED

Commentary:  CPI inflation could test 70% mid-year

Atilla YeşiladaPosted on6 April, 2022

CPI inflation at 5.46% comes broadly in line with expectations in March and rises to … Continue ReadingCommentary:  CPI inflation could test 70% mid-year

Lebanon’s Deputy PM Declares Country Bankrupt
Categories Emerging Markets HYPED

Lebanon’s Deputy PM Declares Country Bankrupt

Atilla YeşiladaPosted on6 April, 2022

Lebanon’s Deputy Prime Minister Saadeh Al-Shami announced on Monday, “The state has gone bankrupt as … Continue ReadingLebanon’s Deputy PM Declares Country Bankrupt

Inflation in OECD area hits a 30-year high, ‘reflecting in part another sharp rise in Turkey’
Categories Economy HIGHLIGHTS

Inflation in OECD area hits a 30-year high, ‘reflecting in part another sharp rise in Turkey’

Atilla YeşiladaPosted on6 April, 2022

The Organisation for Economic Cooperation and Development (OECD) announced the consumer price index for February … Continue ReadingInflation in OECD area hits a 30-year high, ‘reflecting in part another sharp rise in Turkey’

JP Morgan:  Turkey-sitting and watching inflation spiral up
Categories Economy HIGHLIGHTS

JP Morgan:  Turkey-sitting and watching inflation spiral up

Atilla YeşiladaPosted on5 April, 2022

March CPI data provided fresh evidence on the sharp strengthening in price pressures that follow … Continue ReadingJP Morgan:  Turkey-sitting and watching inflation spiral up

S&P Global Ratings Cuts Turkey Local Currency Rating amid Russian war
Categories Company & Industry Economy Finance HIGHLIGHTS

S&P Global Ratings Cuts Turkey Local Currency Rating amid Russian war

Cem CetingucPosted on4 April, 2022

S&P Global Ratings cut Turkey’s local currency credit rating further into junk, while keeping a … Continue ReadingS&P Global Ratings Cuts Turkey Local Currency Rating amid Russian war

Nagorno-Karabakh crisis continues as Armenia determined to gain control
Categories General HIGHLIGHTS HYPED Politics

Nagorno-Karabakh crisis continues as Armenia determined to gain control

Cem CetingucPosted on4 April, 2022

If Armenians stay in Karabakh under the Azerbaijani flag, it would represent an exception to … Continue ReadingNagorno-Karabakh crisis continues as Armenia determined to gain control

S&P Global:  Conflict Exacerbates Risks For Emerging Markets Credit Conditions
Categories Emerging Markets Finance HYPED

S&P Global:  Conflict Exacerbates Risks For Emerging Markets Credit Conditions

Atilla YeşiladaPosted on4 April, 20224 April, 2022

The Russia-Ukraine military conflict is hampering already-feeble credit conditions in emerging markets (EMs), according to … Continue ReadingS&P Global:  Conflict Exacerbates Risks For Emerging Markets Credit Conditions

EBRD sees war on Ukraine causing major growth slowdown
Categories Emerging Markets Finance HIGHLIGHTS

EBRD sees war on Ukraine causing major growth slowdown

Atilla YeşiladaPosted on4 April, 2022

The war on Ukraine will have a severe effect on economies far beyond the immediate … Continue ReadingEBRD sees war on Ukraine causing major growth slowdown

Turkey’s inflation at 61 percent in March
Categories Economy General HIGHLIGHTS HYPED

Turkey’s inflation at 61 percent in March

Cem CetingucPosted on4 April, 2022

Yearly inflation in Turkey hit 61.14% in March, the country’s statistical authority said on Monday, … Continue ReadingTurkey’s inflation at 61 percent in March

TUPRS: Outperform Maintained
Categories Business Company & Industry Finance HIGHLIGHTS

TUPRS: Outperform Maintained

Cem CetingucPosted on4 April, 2022

Recovery in cracks gains pace led by mid-distillates… On the back of post-pandemic recovery in … Continue ReadingTUPRS: Outperform Maintained

President: Turkey is taking steps to achieve economic targets
Categories Economy General HIGHLIGHTS

President: Turkey is taking steps to achieve economic targets

Cem CetingucPosted on4 April, 2022

Turkey is taking steps to achieve its economic targets while the world is shaken by problems, … Continue ReadingPresident: Turkey is taking steps to achieve economic targets

Robert Ellis:  Turkey Is Charting Its Own Path On Economics and Foreign Policy
Categories HYPED Politics

Robert Ellis:  Turkey Is Charting Its Own Path On Economics and Foreign Policy

Atilla YeşiladaPosted on2 April, 2022

Ahead of Turkey’s presidential and parliamentary elections scheduled for June next year, President Recep Tayyip … Continue ReadingRobert Ellis:  Turkey Is Charting Its Own Path On Economics and Foreign Policy

Commentary:  Soaring trade  deficits, shrinking PMI and sickly consumer confidence
Categories Atilla Yeşilada Business Economy HIGHLIGHTS

Commentary:  Soaring trade  deficits, shrinking PMI and sickly consumer confidence

Atilla YeşiladaPosted on1 April, 2022

Recent data reveals a weakening of economic activity in Turkey, which weakness is likely to … Continue ReadingCommentary:  Soaring trade  deficits, shrinking PMI and sickly consumer confidence

Jerusalem Post:  Turkey must do more to reach out to Israel and the US – opinion
Categories General HYPED Politics

Jerusalem Post:  Turkey must do more to reach out to Israel and the US – opinion

Atilla YeşiladaPosted on1 April, 2022

Does Russia’s invasion of Ukraine lay the groundwork for Turkey to have a genuine rapprochement … Continue ReadingJerusalem Post:  Turkey must do more to reach out to Israel and the US – opinion

Turkey to develop new long range cruise missile
Categories Company & Industry General HIGHLIGHTS

Turkey to develop new long range cruise missile

Cem CetingucPosted on1 April, 2022

The Turkish defense contractor Roketsan Thursday announced it had developed a new generation cruise missile … Continue ReadingTurkey to develop new long range cruise missile

Turkey’s mediation skills prove itself amid global crisis
Categories General HIGHLIGHTS Politics

Turkey’s mediation skills prove itself amid global crisis

Cem CetingucPosted on1 April, 20221 April, 2022

Turkey has created a brand in which diplomacy has been reestablished for a world that … Continue ReadingTurkey’s mediation skills prove itself amid global crisis

Trade Minister: Price inspections will carry on
Categories Economy General HIGHLIGHTS Politics

Trade Minister: Price inspections will carry on

Cem CetingucPosted on1 April, 2022

Officials will conduct inspections at businesses to check prices after a government decision to reduce the … Continue ReadingTrade Minister: Price inspections will carry on

Turkey’s parliament approved new electoral bill
Categories General HIGHLIGHTS Politics

Turkey’s parliament approved new electoral bill

Cem CetingucPosted on1 April, 2022

Turkey’s parliament on March 31 approved electoral law amendments by a show of hands after a three-day debate. … Continue ReadingTurkey’s parliament approved new electoral bill

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