Categories Economy General HIGHLIGHTS Turkish tourism income expected to reach $22 B in 2021 Cem CetingucPosted on25 November, 202125 November, 2021 Turkey wants to generate $22 billion from tourism in 2021 by welcoming more than 28 million foreigners, its … Continue ReadingTurkish tourism income expected to reach $22 B in 2021
Categories General HIGHLIGHTS Politics UAE set aside $10 billion fund to invest in Turkey Cem CetingucPosted on25 November, 202125 November, 2021 The United Arab Emirates (UAE) has set aside a $10 billion fund to invest in … Continue ReadingUAE set aside $10 billion fund to invest in Turkey
Categories Business Finance HIGHLIGHTS Turkish Banks: Sensitivity of capital ratios to currency and asset quality Cem CetingucPosted on25 November, 202125 November, 2021 We update our interactive spreadsheet to stress capital positions with Q3 results: The unfavourable outlook … Continue ReadingTurkish Banks: Sensitivity of capital ratios to currency and asset quality
Categories Economy HIGHLIGHTS The price of Turkish Lira’s collapse gets heavy Cem CetingucPosted on25 November, 202125 November, 2021 Istanbul’s sky is as gloomy as the mood in the households and on the streets … Continue ReadingThe price of Turkish Lira’s collapse gets heavy
Categories General HIGHLIGHTS Politics European Parliament approves $170M aid for Syrian refugees in Turkey Cem CetingucPosted on25 November, 202125 November, 2021 The European Parliament on Thursday gave final approval to the financial assistance program for the … Continue ReadingEuropean Parliament approves $170M aid for Syrian refugees in Turkey
Categories General Macro Snapshot: CUR, RSCI and Sectoral Confidence Indices Cem CetingucPosted on24 November, 2021 In November, manufacturing CUR, RSCI and sectoral confidence (except service sector) indices recorded increases. Seasonally … Continue ReadingMacro Snapshot: CUR, RSCI and Sectoral Confidence Indices
Categories General HIGHLIGHTS Turkish Lira hits record lows after Erdogan’s rate cut speech Cem CetingucPosted on23 November, 202123 November, 2021 The Turkish lira has hit a record low of 12.79 against the US dollar after … Continue ReadingTurkish Lira hits record lows after Erdogan’s rate cut speech
Categories General Heatlh Minister: No lockdown measures will be imposed in the near future Cem CetingucPosted on23 November, 2021 Turkey’s daily coronavirus cases linger around 25,000, prompting concerns as cases have been rising steadily … Continue ReadingHeatlh Minister: No lockdown measures will be imposed in the near future
Categories General President Erdoğan: No early polls until 2023 Cem CetingucPosted on23 November, 2021 The next presidential and parliamentary polls will be held in June 2023 and there will … Continue ReadingPresident Erdoğan: No early polls until 2023
Categories General ÜNLÜ & Co Top Picks Portfolio: Including Enerjisa to the list Cem CetingucPosted on22 November, 2021 Including Enerjisa to our top picks: Building upon our rating upgrade report (Oct. 8), we are including Enerjisa … Continue ReadingÜNLÜ & Co Top Picks Portfolio: Including Enerjisa to the list
Categories General Sisecam acquires 60% of Ciner Group soda business for $450M Cem CetingucPosted on22 November, 2021 Turkish glassmaker Sisecam said on Saturday it would buy 60% of Ciner Group’s soda business … Continue ReadingSisecam acquires 60% of Ciner Group soda business for $450M
Categories General ‘Netflix series ‘The Club’ cast light on Jewish heritage of Turkey Cem CetingucPosted on22 November, 2021 About midway through the Netflix period drama series The Club, the fictional character Matilda Aseo, … Continue Reading‘Netflix series ‘The Club’ cast light on Jewish heritage of Turkey
Categories General Bitcoin rises in Turkey after President Erdogan’s increasingly authoritarian regime Cem CetingucPosted on22 November, 2021 Bitcoin trading volumes are rising in Turkey as the increasingly authoritarian government there goes diligently … Continue ReadingBitcoin rises in Turkey after President Erdogan’s increasingly authoritarian regime
Categories General Turkish band converts garbage into sound waves Cem CetingucPosted on22 November, 202122 November, 2021 Fungistanbul, a trio that began experimenting with a sound they call “Trash Oriental” in 2019, … Continue ReadingTurkish band converts garbage into sound waves
Categories General Macro Focus | CBRT: Expected cut with delayed announcement Cem CetingucPosted on22 November, 2021 CBRT cut the policy rate by 100bps to 15%, as expected. The announcement was made with … Continue ReadingMacro Focus | CBRT: Expected cut with delayed announcement
Categories General Politics Turkey Serbia relations at its peak, Interior Minister remarks Cem CetingucPosted on15 November, 2021 Serbia’s Interior Minister Aleksandar Vulin on Monday said that his country’s relations with Turkey are … Continue ReadingTurkey Serbia relations at its peak, Interior Minister remarks
Categories Economy General World Bank Vice President warned Turkey against outcomes of the inflation trend Cem CetingucPosted on15 November, 202115 November, 2021 World Bank Vice President for Europe and Central Asia Anna Bjerde welcomed the positive growth of Turkey’s … Continue ReadingWorld Bank Vice President warned Turkey against outcomes of the inflation trend
Categories Economy General School break revitalizes tourism sector in Turkey Cem CetingucPosted on15 November, 2021 Scores of people, especially students, are flocking to Turkey’s major holiday destinations, such as Antalya, Cappadocia and Lake Abant, … Continue ReadingSchool break revitalizes tourism sector in Turkey
Categories Company & Industry Markets Turkish motor vehicle production decreased 28% YoY in October Cem CetingucPosted on15 November, 2021 Automakers in Turkey produced 108,078 vehicles in October, including automobiles and commercial vehicles, according to … Continue ReadingTurkish motor vehicle production decreased 28% YoY in October
Categories General Politics Tech Russia proposes Turkey aid for new-gen fighter jets Cem CetingucPosted on15 November, 2021 Russia is in talks with Turkey and has offered its help in developing advanced fighter … Continue ReadingRussia proposes Turkey aid for new-gen fighter jets
