Author: Cem Cetinguc

In November , the CA posted a monthly deficit of USD2.7bn (Consensus: USD -2.2bn, YF: … Continue ReadingY.F. Macro Focus: CA gave deficit again after 3-month long surpluses

Turkey joined the list of countries developing their own vaccine against COVID-19 in November 2020. In December … Continue ReadingAs Turkey rolls out its own COVID-19 vaccine, questions arise over its efficacy

Gazprom Export, a subsidiary of Russia’s state-owned Gazprom, will increase its gas deliveries to Turkey … Continue ReadingRussia’s Gazprom Export Signs New 4-Year Gas Supply Deal with Turkey’s BOTAŞ

BIST released December foreign transaction figures, accordingly, a net outflow of USD1.03bn was recorded. The … Continue ReadingBIST Foreign Transactions Report

As Gabriel Oktay Cili works in his small wood-panelled silver shop in the heart of … Continue ReadingTurkish wines face exctinction as economic and climate crises grow

The Central Bank of Turkey (CBT) announced amendments to the reserve requirement regulation last week … Continue ReadingTurkish Banks: Amendments to the reserve requirement regulation to encourage the new deposit scheme

The Journalists’ Association has released its December 2021 report: 67 journalists faced 412 years, 1 … Continue Reading‘Cost of journalism’ in Turkey: 67 journalists faced 412 years jail time in December

The number of people who died of poisoning after consuming bootleg alcohol reached 88 in … Continue ReadingBootleg alcohol death toll rises to 88 in Turkey

The work carried out by Turkish security forces on the eastern Van-Iran border has prevented … Continue Reading120K+ refugees stopped at Turkey-Iran border in 2021

People under the age of 18 should not spend more than an hour on metaverse, a … Continue ReadingTurkish experts warn about the dangers of Metaverse

2021 was a year with rising inflation and an economic slowdown. If the recovery in … Continue ReadingTurkish economy 2022 outlook: What is the playbook for inflation?

SA CUR increased by 0.8pps 78.4% in December. In Q4, SA manufacturing CUR increased by … Continue ReadingMacro Snapshot: CUR, RSCI and Sectoral Confidence Indices

Turkey has launched an investigation into hundreds of staff at the opposition-run Istanbul municipality accused … Continue ReadingTurkish government inquires Istanbul municipality staff over alleged militant ties

The automotive industry is about to put an “extraordinary” year behind it, top officials from … Continue ReadingChip crisis, tax system fix: Turkey’s 2022 auto sector expectations

Turkey’s top defense industry body announced Wednesday that it will hold a tender for the … Continue ReadingTurkey prepares to build 3 new warships

The economic problems of Turkey can be resolved with wisdom and science, the leader of the Republican … Continue ReadingCHP: Wisdom can solve Turkey’s problems

The sea of Bulgarian buses parked outside a market in Turkey’s historic city of Edirne … Continue ReadingForeigner shopping craze in Turkey due to Turkish Lira crash

In December, CCI decreased by 3.1% MoM to 68.9 (November: 71.1) which was the lowest … Continue ReadingMacro Snapshot: Consumer Confidence Index

Global oil prices fell on Monday fueled by concerns of rising omicron variant cases worldwide, … Continue ReadingOil prices decrease as global demand lowers