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Month: October 2022

CBRT lifts year-end inflation forecast to 65.2 percent
Categories Economy General HIGHLIGHTS

CBRT lifts year-end inflation forecast to 65.2 percent

Cem CetingucPosted on31 October, 2022

Turkey’s central bank has lifted its inflation forecast for the end of 2022 to 65.2% … Continue ReadingCBRT lifts year-end inflation forecast to 65.2 percent

Turkey to play pivotal role in EU-Russia gas crisis
Categories Business General HIGHLIGHTS HYPED Politics

Turkey to play pivotal role in EU-Russia gas crisis

Cem CetingucPosted on31 October, 2022

With Russia curtailing natural gas supplies to Europe, the European Union is scrambling to find … Continue ReadingTurkey to play pivotal role in EU-Russia gas crisis

Turkey-Libya energy deal escalates Mediterranean tensions
Categories General HIGHLIGHTS Politics

Turkey-Libya energy deal escalates Mediterranean tensions

Cem CetingucPosted on31 October, 2022

Turkey’s energy deal with Tripoli this month is ratcheting up the dangers of open conflict … Continue ReadingTurkey-Libya energy deal escalates Mediterranean tensions

Lula defeats Bolsonaro in Brazil’s presidential election
Categories General HIGHLIGHTS HYPED Politics

Lula defeats Bolsonaro in Brazil’s presidential election

Cem CetingucPosted on31 October, 2022

Luiz Inacio Lula da Silva has done it again: Twenty years after first winning the Brazilian presidency, … Continue ReadingLula defeats Bolsonaro in Brazil’s presidential election

Egypt  suspends normalization talks with Ankara
Categories HIGHLIGHTS Politics

Egypt  suspends normalization talks with Ankara

Atilla YeşiladaPosted on30 October, 2022

Dialogue between Egypt and Turkey has stopped because the latter showed no signs in changing … Continue ReadingEgypt  suspends normalization talks with Ankara

Turan: Access to loan gets more difficult on a daily basis
Categories Company & Industry Economy Finance General HIGHLIGHTS

Turan: Access to loan gets more difficult on a daily basis

Cem CetingucPosted on30 October, 2022

Turkey’s leading TÜSİAD business association chair Orhan Turan has said that access to loan is … Continue ReadingTuran: Access to loan gets more difficult on a daily basis

Turkstat: Economic confidence index advanced by 3 percent in October
Categories Economy General HIGHLIGHTS HYPED

Turkstat: Economic confidence index advanced by 3 percent in October

Cem CetingucPosted on30 October, 202230 October, 2022

The economic confidence index advanced by 3 percent in October from September to 97.1, the Turkish Statistical Institute … Continue ReadingTurkstat: Economic confidence index advanced by 3 percent in October

September: Turkish trade deficit surges 268 percent
Categories Economy General HIGHLIGHTS

September: Turkish trade deficit surges 268 percent

Cem CetingucPosted on30 October, 2022

Turkey’s foreign trade deficit surged 268.1% year-on-year to $9.60 billion in September, with imports climbing … Continue ReadingSeptember: Turkish trade deficit surges 268 percent

Russia halts Ukraine grain export deal—Reuters
Categories Business General HYPED

Russia halts Ukraine grain export deal—Reuters

Atilla YeşiladaPosted on29 October, 2022

Russia on Saturday suspended participation in a U.N.-brokered Black Sea grain deal after what it … Continue ReadingRussia halts Ukraine grain export deal—Reuters

Erdogan’s vision statement envisions a homophobic Turkey
Categories HYPED Politics

Erdogan’s vision statement envisions a homophobic Turkey

Atilla YeşiladaPosted on29 October, 2022

Turkey’s President Recep Tayyip Erdogan on Oct. 28 unveiled the “the Century of Turkey vision” … Continue ReadingErdogan’s vision statement envisions a homophobic Turkey

Video Commentary: Turkey’s Intractable Refugee Problem
Categories Atilla Yeşilada General HIGHLIGHTS

Video Commentary: Turkey’s Intractable Refugee Problem

Atilla YeşiladaPosted on29 October, 2022

    Turkey’s intractable refugee problem:   Turkey had at most 1 mn – 1.5 … Continue ReadingVideo Commentary: Turkey’s Intractable Refugee Problem

Bird outside the cage: Elon Musk takes total control of Twitter
Categories Company & Industry General HIGHLIGHTS HYPED

Bird outside the cage: Elon Musk takes total control of Twitter

Cem CetingucPosted on28 October, 2022

Elon Musk has taken control of Twitter with brutal efficiency, firing top executives immediately but … Continue ReadingBird outside the cage: Elon Musk takes total control of Twitter

President Erdoğan discloses ‘Century of Turkey Vision’
Categories General HIGHLIGHTS HYPED Politics

President Erdoğan discloses ‘Century of Turkey Vision’

Cem CetingucPosted on28 October, 2022

President Recep Tayyip Erdoğan, who is also the chairman of the ruling Justice and Development … Continue ReadingPresident Erdoğan discloses ‘Century of Turkey Vision’

Israeli Minister: Turkey-Israel cooperation is on the horizon
Categories General HIGHLIGHTS Politics

Israeli Minister: Turkey-Israel cooperation is on the horizon

Cem CetingucPosted on28 October, 2022

Israeli Defense Minister Benny Gantz has said that his visit to Ankara and talks with Turkish Defense … Continue ReadingIsraeli Minister: Turkey-Israel cooperation is on the horizon

Turkish Competition Authority fines Facebook 6.5M dollars
Categories Company & Industry General HIGHLIGHTS

Turkish Competition Authority fines Facebook 6.5M dollars

Cem CetingucPosted on27 October, 2022

The Turkish Competition Authority has ordered Facebook to pay a total fine of 346 million Turkish Liras ($6.5 … Continue ReadingTurkish Competition Authority fines Facebook 6.5M dollars

GEM Digital invests 50M dollars on Manc to boost global expansion
Categories Business Company & Industry General HIGHLIGHTS

GEM Digital invests 50M dollars on Manc to boost global expansion

Cem CetingucPosted on27 October, 202227 October, 2022

The Turkish developer Manc has reported a $50m investment for their Mancium mobile game token. … Continue ReadingGEM Digital invests 50M dollars on Manc to boost global expansion

Turkish banks heavily concerned about new monetary rules
Categories Company & Industry Finance General HIGHLIGHTS

Turkish banks heavily concerned about new monetary rules

Cem CetingucPosted on27 October, 202227 October, 2022

Turkish bank executives raised concerns with authorities this week that a year of new rules … Continue ReadingTurkish banks heavily concerned about new monetary rules

TEB Invest banking report:  Still solid despite headwinds
Categories Business HIGHLIGHTS Markets

TEB Invest banking report:  Still solid despite headwinds

Atilla YeşiladaPosted on27 October, 2022

Investment thesis Despite a raft of banking sector regulations since our last strategy report, (see: … Continue ReadingTEB Invest banking report:  Still solid despite headwinds

Head of Turkish medical association arrested for ‘terror propaganda’
Categories General HIGHLIGHTS HYPED Politics

Head of Turkish medical association arrested for ‘terror propaganda’

Cem CetingucPosted on27 October, 2022

The head of Turkey’s medical association has been detained for calling for an investigation into … Continue ReadingHead of Turkish medical association arrested for ‘terror propaganda’

Turkish banks are struggling to attract international investors amid rising debt
Categories Business Company & Industry Economy General HIGHLIGHTS

Turkish banks are struggling to attract international investors amid rising debt

Cem CetingucPosted on26 October, 2022

Turkish banks are struggling to attract international investors to take on their swelling ranks of … Continue ReadingTurkish banks are struggling to attract international investors amid rising debt

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