Categories HIGHLIGHTS Politics Murat Yetkin: Power play in Ankara: Bahçeli’s influence on Erdoğan Atilla YeşiladaPosted on18 May, 2024 Whether out of genuine necessity or strategic maneuvering, the Nationalist Movement Party (MHP) leader Devlet … Continue ReadingMurat Yetkin: Power play in Ankara: Bahçeli’s influence on Erdoğan
Categories Atilla Yeşilada Finance HIGHLIGHTS Markets Video: Suddenly, Turkish Lira is the king of Emerging Markets Atilla YeşiladaPosted on18 May, 2024 It is a funny world we live in. Only in March, Turkey was on the … Continue ReadingVideo: Suddenly, Turkish Lira is the king of Emerging Markets
Categories HIGHLIGHTS Politics Kurdish leader Demirtas gets 42 year prison sentence, dimming hopes of “normalization” in Turkish politics Atilla YeşiladaPosted on18 May, 2024 A Turkish court on Thursday sentenced Selahattin Demirtas, the former leader of the pro-Kurdish People’s … Continue ReadingKurdish leader Demirtas gets 42 year prison sentence, dimming hopes of “normalization” in Turkish politics
Categories General HIGHLIGHTS Agriculture is essential for Türkiye’ survival: President Erdoğan Cem CetingucPosted on17 May, 202417 May, 2024 President Recep Tayyip Erdoğan has highlighted the critical role of agriculture in Türkiye’s survival, underscoring the need for unity and … Continue ReadingAgriculture is essential for Türkiye’ survival: President Erdoğan
Categories General HIGHLIGHTS Two criminal cases drive AKP and MHP apart Atilla YeşiladaPosted on17 May, 2024 While President Recep Tayyip Erdoğan continues to express that Turkey needs “political softening”, (or a … Continue ReadingTwo criminal cases drive AKP and MHP apart
Categories Economy HIGHLIGHTS Fiscal outlook deteriorates despite the robustness in tax revenues Atilla YeşiladaPosted on16 May, 2024 The central government budget posted a TL178bn deficit in April, while the 12-month rolling deficit … Continue ReadingFiscal outlook deteriorates despite the robustness in tax revenues
Categories Business HIGHLIGHTS Politics Turkey should be ‘firmly re-anchored’ in EU, finance minister says Atilla YeşiladaPosted on16 May, 2024 Turkey’s Finance Minister Mehmet Şimşek on Tuesday (14 May) called for his country to be … Continue ReadingTurkey should be ‘firmly re-anchored’ in EU, finance minister says
Categories Economy General HIGHLIGHTS Important revelations from Mehmet Simsek in Qatar Economic Forum Atilla YeşiladaPosted on16 May, 2024 Mehmet Simsek promised more fiscal austerity and structural reform from Qatar Economic Forum. His speech … Continue ReadingImportant revelations from Mehmet Simsek in Qatar Economic Forum
Categories Economy HIGHLIGHTS Number of paid employees increased by 2.6 percent annually Cem CetingucPosted on15 May, 2024 Number of paid employees including industry, construction, trade-services sectors increased by 2.6% in March 2024 … Continue ReadingNumber of paid employees increased by 2.6 percent annually
Categories Company & Industry HIGHLIGHTS Legal reform enables Turkey to export LNG to EU Cem CetingucPosted on15 May, 2024 A new amendment to mining regulations in Türkiye, along with numerous energy laws adopted by … Continue ReadingLegal reform enables Turkey to export LNG to EU
Categories HIGHLIGHTS Politics Erdoğan pledges to limit ‘bureaucratic control’ amid police inquiry Cem CetingucPosted on15 May, 2024 President Recep Tayyip Erdoğan has pledged resolute action against any form of “bureaucratic control” as an investigation unfolds … Continue ReadingErdoğan pledges to limit ‘bureaucratic control’ amid police inquiry
Categories Company & Industry Finance HIGHLIGHTS Petkim: Raise estimates on updated FX; fundamentals remain challenging Cem CetingucPosted on15 May, 2024 Inflation accounting: Petkim has applied TAS 29 “Financial reporting in hyperinflationary economies” in its consolidated … Continue ReadingPetkim: Raise estimates on updated FX; fundamentals remain challenging
Categories Economy HIGHLIGHTS Garanti BBVA: What to think about Turkey’s current policy mix? Atilla YeşiladaPosted on14 May, 2024 The CBRT signals to remain tight as long as needed, while new fiscal measures signal … Continue ReadingGaranti BBVA: What to think about Turkey’s current policy mix?
Categories General HIGHLIGHTS Gonul Tol comments on growing signs of a rift between allies Erdogan and Bahceli Atilla YeşiladaPosted on14 May, 2024 Gonul Tol is Director of Middle East Institute’s Turkish Program and the Author of Erdoğan’s … Continue ReadingGonul Tol comments on growing signs of a rift between allies Erdogan and Bahceli
Categories General HIGHLIGHTS Sinan Ciddi: Why Biden Erdogan summit was canceled? Atilla YeşiladaPosted on14 May, 202414 May, 2024 After a series of mixed messages, a scheduled meeting between President Joe Biden and his … Continue ReadingSinan Ciddi: Why Biden Erdogan summit was canceled?
Categories Finance HIGHLIGHTS Markets Turkey attracts $1.5B in foreign direct investment in Q1 Cem CetingucPosted on14 May, 202414 May, 2024 Foreign direct investment (FDI) flows to Türkiye stood at $1.5 billion (TL 48 billion) in … Continue ReadingTurkey attracts $1.5B in foreign direct investment in Q1
Categories Economy HIGHLIGHTS Istanbul struggles as inflation and cost of living skyrocket Cem CetingucPosted on14 May, 2024 Business has been sluggish for Ismail Hakki, who owns a once-thriving clothing shop in Istanbul’s … Continue ReadingIstanbul struggles as inflation and cost of living skyrocket
Categories HIGHLIGHTS Politics Greece and Turkey make small diplomatic strides, postpone tough issues Cem CetingucPosted on14 May, 202414 May, 2024 A meeting between Greek Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdoğan in … Continue ReadingGreece and Turkey make small diplomatic strides, postpone tough issues
Categories HIGHLIGHTS Politics Political Détente: Implications for Turkish Politics Cem CetingucPosted on13 May, 202413 May, 2024 President Erdoğan’s potential visit to the CHP headquarters holds greater symbolism compared to Özel’s visit … Continue ReadingPolitical Détente: Implications for Turkish Politics
Categories Economy General HIGHLIGHTS Turkey’s March unemployment rate falls to 8.6 percent Cem CetingucPosted on13 May, 2024 The unemployment rate in Türkiye dropped 0.1 percentage points month-over-month to 8.6% in March, official … Continue ReadingTurkey’s March unemployment rate falls to 8.6 percent