Categories Economy Finance General HIGHLIGHTS Y.F. Macro Focus: Transfers to FX protected deposit accounts and SOEs put downward pressure Cem CetingucPosted on16 May, 2022 In April, budget gave a deficit of TRY50.2bn (Apr.21: TRY-16.9bn, Mar.22: TRY-69bn). Despite, there was no … Continue ReadingY.F. Macro Focus: Transfers to FX protected deposit accounts and SOEs put downward pressure
Categories General HIGHLIGHTS HYPED Politics Turkey foreign diplomacy is key for peace in Ukraine: Kalın Cem CetingucPosted on16 May, 2022 Turkey must maintain a delicate diplomatic balance following Russia’s invasion of Ukraine so that it … Continue ReadingTurkey foreign diplomacy is key for peace in Ukraine: Kalın
Categories Economy General HIGHLIGHTS Turkish life standards hit the bottom due to high inflation Cem CetingucPosted on16 May, 2022 Inflation in Turkey hit a two-decade high of almost 70% in April, as prices of … Continue ReadingTurkish life standards hit the bottom due to high inflation
Categories General HIGHLIGHTS Politics Turkey condemns US over Syria strategy Cem CetingucPosted on16 May, 202216 May, 2022 The United States’ decision to exempt YPG-controlled areas in northern Syria from American sanctions is discriminatory … Continue ReadingTurkey condemns US over Syria strategy
Categories Company & Industry Finance HIGHLIGHTS Markets Turkey Food Retail: Strong top-line growth helps deliver stable profitability Cem CetingucPosted on12 May, 2022 Strong growth momentum with trade down environment: Turkish food retailers report strong sales growth momentum … Continue ReadingTurkey Food Retail: Strong top-line growth helps deliver stable profitability
Categories General HIGHLIGHTS Politics WSJ: Biden asks congress approval for Turkey F-16 deal Cem CetingucPosted on12 May, 202212 May, 2022 President Joe Biden’s administration asked congressional leaders last month to approve a new weapons deal … Continue ReadingWSJ: Biden asks congress approval for Turkey F-16 deal
Categories General Government schemes fall short adressing surging house prices Cem CetingucPosted on12 May, 202213 May, 2022 Turkish builders say new government schemes to support the real estate sector will boost home … Continue ReadingGovernment schemes fall short adressing surging house prices
Categories Company & Industry General HIGHLIGHTS Markets Tech Binance Turkey warns investors regarding Billboard scams Cem CetingucPosted on12 May, 2022 Istanbul, Turkey is awash in billboards advertising new crypto offerings from virtual asset exchanges, but … Continue ReadingBinance Turkey warns investors regarding Billboard scams
Categories Business Company & Industry Finance HIGHLIGHTS Turkey Food Retail: Strong top-line growth helps deliver stable profitability Cem CetingucPosted on12 May, 2022 Strong growth momentum with trade down environment: Turkish food retailers report strong sales growth momentum … Continue ReadingTurkey Food Retail: Strong top-line growth helps deliver stable profitability
Categories Emerging Markets General HIGHLIGHTS Politics Turkey, Pakistan to initiate security discussions Cem CetingucPosted on11 May, 2022 Turkey and Pakistan initiated security discussions in Istanbul on Tuesday, bringing together scholars and practitioners … Continue ReadingTurkey, Pakistan to initiate security discussions
Categories Business General HIGHLIGHTS Markets Turkey-Kazakhstan trade deal aims to reach 10 Billion dollars Cem CetingucPosted on11 May, 2022 Erdoğan and President Kassym-Jomart K. Tokayev of Kazakhstan held a joint press conference following their meeting … Continue ReadingTurkey-Kazakhstan trade deal aims to reach 10 Billion dollars
Categories Business Company & Industry General HIGHLIGHTS Tech Massive exodus from energy production Cem CetingucPosted on10 May, 202210 May, 2022 The ongoing economic crisis in Turkey hit energy companies hard. Investors began to withdraw from … Continue ReadingMassive exodus from energy production
Categories Company & Industry General HIGHLIGHTS Politics Tech Turkish drone brings innovation to modern warfare Cem CetingucPosted on10 May, 202210 May, 2022 A video posted toward the end of February on the Facebook page of Valerii Zaluzhnyi, … Continue ReadingTurkish drone brings innovation to modern warfare
Categories Economy General HIGHLIGHTS Erdoğan pledges to battle high cost of living Cem CetingucPosted on10 May, 2022 Pesident Recep Tayyip Erdoğan on Monday pledged arrangements to boost the purchasing power of lower-income … Continue ReadingErdoğan pledges to battle high cost of living
Categories General HIGHLIGHTS Erdoğan reveals to build 200,000 homes for Syrians Cem CetingucPosted on10 May, 2022 Turkey plans to build 200,000 homes in northern Syria for some one-fourth of the refugees to … Continue ReadingErdoğan reveals to build 200,000 homes for Syrians
Categories Economy General HIGHLIGHTS Politics 60 percent of Turkey lost faith in Erdogan: Metropoll survey Cem CetingucPosted on9 May, 20229 May, 2022 Almost 60 percent of Turkish voters do not believe that President Recep Tayyip Erdoğan can … Continue Reading60 percent of Turkey lost faith in Erdogan: Metropoll survey
Categories General HIGHLIGHTS HYPED Politics US lawmakers in favor of Turkey F-16 deal Cem CetingucPosted on9 May, 20229 May, 2022 Several U.S. lawmakers of critical importance in Washington’s potential sale of dozens of F-16 fighter … Continue ReadingUS lawmakers in favor of Turkey F-16 deal
Categories General HIGHLIGHTS Politics Asylum seekers exceed 4 million in Turkey: Minister Cem CetingucPosted on9 May, 2022 The total number of asylum seekers in Turkey is 4,082,693, and of them, 3,762,686 comprise Syrians under temporary protection, … Continue ReadingAsylum seekers exceed 4 million in Turkey: Minister
Categories Economy General HIGHLIGHTS Politics Turkish tourism sector get ‘battle scars’ from Ukraine war Cem CetingucPosted on9 May, 20229 May, 2022 Last year, most foreign tourists in Turkey came from Russia, Germany and Ukraine. Two of … Continue ReadingTurkish tourism sector get ‘battle scars’ from Ukraine war
Categories Business Company & Industry General HIGHLIGHTS Markets WTO decides in favor of Turkey in steel import case Cem CetingucPosted on6 May, 2022 A panel of the World Trade Organization (WTO) has supported Turkey’s complaints and ruled that … Continue ReadingWTO decides in favor of Turkey in steel import case
