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.

The unemployment rate in May was 13.2 percent in Turkey. The data shows that the … Continue ReadingErdal Saglam: Unemployment data is no longer an indicator in Turkey

Business HIGHLIGHTS Tech

G20 backs carbon pricing, ‘raising stakes’ among emerging economies

Atilla Yeşilada12 July, 2021

G20 finance ministers have for the first-time endorsed carbon pricing as a tool to transition … Continue ReadingG20 backs carbon pricing, ‘raising stakes’ among emerging economies

Business

Multinationals evaporating from Turkish business scene

Atilla Yeşilada12 July, 202112 July, 2021

Foreign manufacturers operating in Turkey are losing their sway over the business world and economy, … Continue ReadingMultinationals evaporating from Turkish business scene

General HIGHLIGHTS

Turks May Be Rediscovering the Merits of the Secular Paradigm

Atilla Yeşilada11 July, 2021

Turkey’s Islamist president Recep Tayyip Erdoğan has an increasingly rich menu of concerns, from the … Continue ReadingTurks May Be Rediscovering the Merits of the Secular Paradigm

Economy

EBRD forecasts 5.5 pct growth in Turkish economy, 4.2 pct in emerging countries

Atilla Yeşilada10 July, 2021

Turkey’s economy is expected to grow by 5.5 percent in 2021 and 4 percent in … Continue ReadingEBRD forecasts 5.5 pct growth in Turkish economy, 4.2 pct in emerging countries

Finance HYPED Markets

Why Turkey’s Lira Is Having a Rough Year?

Atilla Yeşilada10 July, 2021

A Turkey country-specific exchange traded fund has been among the worst performers this year, as … Continue ReadingWhy Turkey’s Lira Is Having a Rough Year?

Economy HIGHLIGHTS

Reuters Turkey poll: Turkey’s economy to grow 5.5% in 2021 amid tougher inflation battle

Atilla Yeşilada10 July, 2021

Turkey’s economy will grow 5.5% annually this year, more than previously thought and close to … Continue ReadingReuters Turkey poll: Turkey’s economy to grow 5.5% in 2021 amid tougher inflation battle

Business Company & Industry

Oil & Gas: 2Q21 pit stop

Atilla Yeşilada10 July, 2021

EEMEA oil & gas continues to benefit from a supportive macro backdrop with our revised … Continue ReadingOil & Gas: 2Q21 pit stop

HIGHLIGHTS Politics

Erdogan: Turkey US agree on the scope of Kabul Airport security

Atilla Yeşilada10 July, 2021

DIYARBAKIR: Turkish President Recep Tayyip Erdogan said on Friday that Turkey and the US agreed … Continue ReadingErdogan: Turkey US agree on the scope of Kabul Airport security

Business

Saudi Arabia amends import rules in major challenge to UAE, Turkey

Atilla Yeşilada8 July, 2021

Saudi Arabia has amended its rules on imports from neighboring Gulf Arab countries to exclude … Continue ReadingSaudi Arabia amends import rules in major challenge to UAE, Turkey

HIGHLIGHTS Politics

Sultan orders another palace, opposition in uproar

Atilla Yeşilada8 July, 2021

Controversy has erupted in Turkey over the unveiling of President Recep Tayyip Erdogan’s 60-million-euro luxury … Continue ReadingSultan orders another palace, opposition in uproar

Emerging Markets

Washington Post: A rate rise in the U.S. might trigger big problems in the developing world

Atilla Yeşilada7 July, 2021

As the global economy began shutting down in March 2020, investors stampeded out of stock … Continue ReadingWashington Post: A rate rise in the U.S. might trigger big problems in the developing world

Emerging Markets HIGHLIGHTS

EMERGING MARKETS: Stocks and currencies fall as Fed minutes and virus woes feed caution

Atilla Yeşilada7 July, 2021

Most emerging market currencies fell on Wednesday, while stocks were set for their worst losing … Continue ReadingEMERGING MARKETS: Stocks and currencies fall as Fed minutes and virus woes feed caution

General

Turkish band finds inspiration from landfill

Atilla Yeşilada7 July, 2021

Members of the Turkish band ‘Fungistanbul’ made their musical instruments using discarded plastic items. … Continue ReadingTurkish band finds inspiration from landfill