Categories Finance HIGHLIGHTS Markets Turkish Private Banks: Skewed risk reward Cem CetingucPosted on24 April, 2023 Valuations don’t look very tempting in the context of macro uncertainty With this note, we … Continue ReadingTurkish Private Banks: Skewed risk reward
Categories Economy HIGHLIGHTS Politics Turkey’s Economy Struggles Ahead of May Elections Cem CetingucPosted on17 April, 2023 As the elections near next month, Erdogan continues to fight inflation while the nation still … Continue ReadingTurkey’s Economy Struggles Ahead of May Elections
Categories Company & Industry General HIGHLIGHTS Turkey’s First Nuclear Plant Faces Earthquake and Environmental Concerns Ahead of Opening Cem CetingucPosted on17 April, 2023 Built by Russia’s state-owned nuclear energy corporation, Turkey’s first-ever nuclear power plant is set to … Continue ReadingTurkey’s First Nuclear Plant Faces Earthquake and Environmental Concerns Ahead of Opening
Categories General HIGHLIGHTS Markets Politics Iraq’s Oil Exports from North Stalled Amid Turkey Negotiations Cem CetingucPosted on17 April, 2023 Oil exports from northern Iraq to the Turkish port of Ceyhan remain at a standstill … Continue ReadingIraq’s Oil Exports from North Stalled Amid Turkey Negotiations
Categories Economy Finance HIGHLIGHTS Markets 3 Inflation-Addressing Approaches, Varying in Effectiveness Cem CetingucPosted on17 April, 202317 April, 2023 Turkey has long had a hyperinflation problem, but that doesn’t mean that its central bank … Continue Reading3 Inflation-Addressing Approaches, Varying in Effectiveness
Categories Economy HIGHLIGHTS HYPED Politics Could Turkey’s Inflation Crisis Affect Erdogan’s Re-Election Bid? Cem CetingucPosted on17 April, 202317 April, 2023 A month before Turkey goes to the polls on May 14, the country’s inflation crisis … Continue ReadingCould Turkey’s Inflation Crisis Affect Erdogan’s Re-Election Bid?
Categories General HIGHLIGHTS Turkey’s Wealthiest Individuals Ranked in Latest Report Cem CetingucPosted on17 April, 2023 As of April 16, 2023, Ibrahim Erdemoglu was the wealthiest person in Turkey, with an estimated net worth … Continue ReadingTurkey’s Wealthiest Individuals Ranked in Latest Report
Categories Economy General HIGHLIGHTS Politics Turkish Voters Losing Faith in Erdogan as Economy Struggles Cem CetingucPosted on14 April, 2023 Selman Deveci, a chef working his shift at a cafe in the Turkish city of … Continue ReadingTurkish Voters Losing Faith in Erdogan as Economy Struggles
Categories Finance General HIGHLIGHTS Turkey’s 2023 Growth Forecast Revised Up to 2.6% by UNCTAD Cem CetingucPosted on14 April, 2023 Central banks’ interest rates hikes will cost developing countries more than $800 billion in ‘foregone … Continue ReadingTurkey’s 2023 Growth Forecast Revised Up to 2.6% by UNCTAD
Categories Economy General HIGHLIGHTS Politics Erdogan: Turkey to Send Message to West in May Elections Cem CetingucPosted on14 April, 2023 President Recep Tayyip Erdogan discusses local defence industry, rise of far-right in France, as well … Continue ReadingErdogan: Turkey to Send Message to West in May Elections
Categories General HIGHLIGHTS Politics US Sanctions Turkish Entities for Aiding Russia’s War Effort Cem CetingucPosted on14 April, 2023 The United States imposed sanctions on Wednesday on at least four Turkey-based entities it said … Continue ReadingUS Sanctions Turkish Entities for Aiding Russia’s War Effort
Categories Company & Industry Finance HIGHLIGHTS Turkey Food Retailers: Margin pressure but growth momentum maintained Cem CetingucPosted on14 April, 2023 Short-term pressure: We expect to see higher gross and EBITDA margin pressure for all food … Continue ReadingTurkey Food Retailers: Margin pressure but growth momentum maintained
Categories General HIGHLIGHTS HYPED Agriculture Ministry to reveals plans for ‘solar farm on water’ Cem CetingucPosted on12 April, 2023 Within the scope of a new project by the Agriculture and Forestry Ministry, which will … Continue ReadingAgriculture Ministry to reveals plans for ‘solar farm on water’
Categories Economy HIGHLIGHTS HYPED Politics Erdogan pledges to bring Turkey to the ‘level it deserves’ Cem CetingucPosted on12 April, 2023 President Recep Tayyip Erdoğan has announced the election manifesto of the Ruling Justice and Development … Continue ReadingErdogan pledges to bring Turkey to the ‘level it deserves’
Categories HIGHLIGHTS HYPED Politics May 14 mayhem: Five alliances to enter election polls Cem CetingucPosted on11 April, 202311 April, 2023 A total of 13 out of 26 political parties that submitted their parliamentary candidate lists … Continue ReadingMay 14 mayhem: Five alliances to enter election polls
Categories Company & Industry General HIGHLIGHTS Erdoğan reveals plans to become a major player in defense industry Cem CetingucPosted on11 April, 2023 The government takes firm steps towards making Türkiye fully independent in its defense industry targets, President Recep Tayyip Erdoğan said on … Continue ReadingErdoğan reveals plans to become a major player in defense industry
Categories Economy General HIGHLIGHTS Turkstat reveals unemployment rate rose to 10 pct in February Cem CetingucPosted on10 April, 2023 Turkey’s unemployment rate rose 0.2 percentage points month-on-month to 10.0% in February, while a seasonally … Continue ReadingTurkstat reveals unemployment rate rose to 10 pct in February
Categories Economy HIGHLIGHTS Markets World Bank boosts Turkey’s growth forecast Cem CetingucPosted on10 April, 2023 The World Bank has revised upwards its 2023 and 2024 GDP growth estimates for the Turkish economy in its Europe and … Continue ReadingWorld Bank boosts Turkey’s growth forecast
Categories Company & Industry HIGHLIGHTS Markets Turkey anticipates prosperous tourism despite quake Cem CetingucPosted on10 April, 2023 Turkey’s Mediterranean coast is expected to see a large number of tourists flowing in this … Continue ReadingTurkey anticipates prosperous tourism despite quake
Categories General HIGHLIGHTS Politics Turkish and American Defense Ministers Meet to Discuss NATO Expansion Cem CetingucPosted on7 April, 20237 April, 2023 Defense Minister Hulusi Akar has had a phone conversation with United States Secretary of Defense Lloyd Austin … Continue ReadingTurkish and American Defense Ministers Meet to Discuss NATO Expansion