Author: Atilla Yeşilada

GlobalSource Partners’ Turkey Country Analyst Atilla Yesilada is the country’s leading political analyst and commentator. He is known throughout the finance and political science world for his thorough and outspoken coverage of Turkey’s political and financial developments. In addition to his extensive writing schedule, he is often called upon to provide his political expertise on major radio and television channels. Based in Istanbul, Atilla is co-founder of the information platform Istanbul Analytics and is one of GlobalSource’s local partners in Turkey. In addition to his consulting work and speaking engagements throughout the US, Europe and the Middle East, he writes regular columns for Turkey’s leading financial websites VATAN and www.paraanaliz.com and has contributed to the financial daily Referans and the liberal daily Radikal.

Important Disclosure: PA Turkey does not comment or add content to equity research reports in … Continue ReadingCOMPANY UPDATE: ERDEMIR

Emerging Markets

World Bank: Coronavirus Will Leave Lasting Scars On Global Economy

Atilla Yeşilada3 June, 20204 June, 2020

The World Bank has said that the Coronavirus pandemic and strict lockdown measures taken to … Continue ReadingWorld Bank: Coronavirus Will Leave Lasting Scars On Global Economy

Emerging Markets

Brad Setzer: Turkey is almost certainly headed for a classic balance-of-payments crisis

Atilla Yeşilada2 June, 20204 June, 2020

Brad W Setzer, a long term and very intuitive Turkey observer wrote about the malaise … Continue ReadingBrad Setzer: Turkey is almost certainly headed for a classic balance-of-payments crisis

Emerging Markets Finance

IIF: Capital flows to emerging markets down 78% in May amid pandemic

Atilla Yeşilada2 June, 20202 June, 2020

Capital flows to emerging markets securities fell 78 per cent in May despite efforts to … Continue ReadingIIF: Capital flows to emerging markets down 78% in May amid pandemic

Business

Moody’s says Turkish banking system outlook negative, as BRSA wants more loan growth

Atilla Yeşilada2 June, 20203 June, 2020

Cover chart: 13-week moving average loan growth rates, red total, blue state banks, green private … Continue ReadingMoody’s says Turkish banking system outlook negative, as BRSA wants more loan growth

Business

Automotive suppliers survey rings alarm bells

Atilla Yeşilada2 June, 20202 June, 2020

Early Warning for Automotive Industry from TAYSAD! According to the forth survey by automotive suppliers … Continue ReadingAutomotive suppliers survey rings alarm bells

Economy

Bloomberg HT Consumer Confidence recovered in May

Atilla Yeşilada2 June, 20202 June, 2020

May survey data from Turkey reveals a modest improvement in economic activity, as restrictions on … Continue ReadingBloomberg HT Consumer Confidence recovered in May

Politics

Turkish VP: Cold War With China Is an “Opportunity” To Mend U.S.-Turkey Ties

Atilla Yeşilada2 June, 20204 June, 2020

Turkish vice president Fuat Oktay said that the United States and Turkey have a “creative … Continue ReadingTurkish VP: Cold War With China Is an “Opportunity” To Mend U.S.-Turkey Ties

Economy General

Yetkin Report: Erdoğan has no easy feat ahead

Atilla Yeşilada2 June, 20202 June, 2020

The economy is the most important challenge ahead. Before the outbreak’s influence, the government was … Continue ReadingYetkin Report: Erdoğan has no easy feat ahead

Emerging Markets

Tim Ash: The big picture in EM

Atilla Yeşilada1 June, 20203 June, 2020

Emerging Market assets have rallied back well, recovering much of the losses from the immediate … Continue ReadingTim Ash: The big picture in EM

Business Company & Industry

May SAMEKS composite PMI rose by 11.8 points

Atilla Yeşilada1 June, 20201 June, 2020

Cover chart: SAMEKS composite Index in Turkish In May 2020, seasonally and calendar adjusted SAMEKS … Continue ReadingMay SAMEKS composite PMI rose by 11.8 points

General

Turkish Medical Association: Easing restrictions will carry the virus from Istanbul to all provinces

Atilla Yeşilada1 June, 20201 June, 2020

The number of Turkey’s COVID-19 cases remains at the “anticipated level,” while the number of … Continue ReadingTurkish Medical Association: Easing restrictions will carry the virus from Istanbul to all provinces

Finance

Turkey sold $44 bln reserves to boost lira this year – bankers, data

Atilla Yeşilada30 May, 202030 May, 2020

Cover Chart: Central Bank net FX reserves br Dr Ali Orhan Yalcinkaya LONDON, May 29 … Continue ReadingTurkey sold $44 bln reserves to boost lira this year – bankers, data

Business Company & Industry

Foreign banks may be turning to the exit as Turkey tightens grip on sector

Atilla Yeşilada30 May, 20203 June, 2020

Financial fallout from the coronavirus crisis could hasten mergers or retreats by some of Turkey’s … Continue ReadingForeign banks may be turning to the exit as Turkey tightens grip on sector

General

Turkey’s AK Party plans measures seen as potential obstacle to new parties

Atilla Yeşilada30 May, 202030 May, 2020

ANKARA (Reuters) – Turkish President Tayyip Erdogan’s AK Party is planning to push through measures … Continue ReadingTurkey’s AK Party plans measures seen as potential obstacle to new parties

Politics

Russia doubles the ante in Libya

Atilla Yeşilada30 May, 202030 May, 2020

Turkey’s involvement in the Libyan civil war definitely tipped the scales in favor of the … Continue ReadingRussia doubles the ante in Libya

Atilla Yeşilada Politics

COMMENTARY: Is Turkey heading for snap elections

Atilla Yeşilada29 May, 20202 June, 2020

This Real Turkey Channel video broadcast tries to explain why suddenly Turkish pundits began suspecting … Continue ReadingCOMMENTARY: Is Turkey heading for snap elections