Categories Company & Industry Economy Finance Markets Swap ban on three banks lifted; lira under focus still Editor P.A.Posted on11 May, 202021 May, 2020 Turkey reversed its recently placed ban on BNP Paribas SA, Citigroup Inc. and UBS Group … Continue ReadingSwap ban on three banks lifted; lira under focus still
Categories Politics How President Erdogan plays politics with Covid outbreak Editor P.A.Posted on9 May, 202021 May, 2020 Turkey’s health system achieved considerable success in battling the corona epidemic, but the war is … Continue ReadingHow President Erdogan plays politics with Covid outbreak
Categories Company & Industry Turkey intensifies Mediterranean gas operations as energy giants pull out Editor P.A.Posted on8 May, 202021 May, 2020 Ankara’s intensification of exploration and drilling activities will coincide with easing of pandemic restrictions, with … Continue ReadingTurkey intensifies Mediterranean gas operations as energy giants pull out
Categories Business Turkey to inject capital into state banks Editor P.A.Posted on8 May, 202021 May, 2020 Turkey’s state banks have become the major conduit through which state aid is flowing to … Continue ReadingTurkey to inject capital into state banks
Categories Company & Industry Akbank: Strongly Positioned, Attractively Valued Editor P.A.Posted on8 May, 202021 May, 2020 1Q20 net income in line with expectations The bank announced its 1Q20 solo net income … Continue ReadingAkbank: Strongly Positioned, Attractively Valued
Categories Company & Industry Turkish Banks: Normalization pushed out past 2020 Editor P.A.Posted on8 May, 202021 May, 2020 Turkish banks started 2020 with expectations of a strong recovery in earnings post the 2018-19 … Continue ReadingTurkish Banks: Normalization pushed out past 2020
Categories Markets The strengthening of the TL is temporary Editor P.A.Posted on8 May, 202021 May, 2020 Turkish Lira closed the Turkish trading hours on Friday at 7.11, a substantial gain vs … Continue ReadingThe strengthening of the TL is temporary
Categories General Politics Playing politics with economy and public health Editor P.A.Posted on8 May, 202021 May, 2020 Turkey’s case numbers jumped suddenly on Wednesday to 3K range, suggesting that the Covid-19 outbreak … Continue ReadingPlaying politics with economy and public health
Categories Economy Turkey’s Great Depression started in April Editor P.A.Posted on8 May, 202021 May, 2020 April survey data portrays an economic landscape that has become a wasteland. However, this is … Continue ReadingTurkey’s Great Depression started in April
Categories General Turkey’s rights and wrongs during the outbreak Editor P.A.Posted on7 May, 202021 May, 2020 The timing of the preventive measures is crucial in the crisis response. Although Turkey was … Continue ReadingTurkey’s rights and wrongs during the outbreak
Categories Economy Finance Banking sector watchdog’s swap ban, manipulation-redefinition… as lira slide continues Editor P.A.Posted on7 May, 202021 May, 2020 Turkey’s banking regulator set new definitions for currency manipulation in a statement released and got … Continue ReadingBanking sector watchdog’s swap ban, manipulation-redefinition… as lira slide continues
Categories Economy Finance Markets Pressure on Turkey’s Economy Builds as Lira Hits Record Low Editor P.A.Posted on7 May, 202021 May, 2020 The Turkish lira slid to its lowest level in two years on Thursday as investors … Continue ReadingPressure on Turkey’s Economy Builds as Lira Hits Record Low
Categories Politics Davutoglu Accuses Erdogan of Weakening Turkey Editor P.A.Posted on6 May, 202021 May, 2020 The head of Turkey’s opposition Future Party has accused President Recep Tayyip Erdogan and his … Continue ReadingDavutoglu Accuses Erdogan of Weakening Turkey
Categories Economy Finance Brad Setser: Why Turkey is running out of FX? Editor P.A.Posted on6 May, 202021 May, 2020 (Cover chart: Central Bank net reserves) Turkey’s currency has suddenly toppled versus the dollar, falling … Continue ReadingBrad Setser: Why Turkey is running out of FX?
Categories Economy Politics Turkey’s economy is in trouble but the public oppose an IMF loan Editor P.A.Posted on5 May, 202021 May, 2020 The Turkish central bank’s international reserves are drying up and the lira has hit a … Continue ReadingTurkey’s economy is in trouble but the public oppose an IMF loan
Categories Business Consumer confidence drops in April, Ipsos finds wide-spread economic anxiety Editor P.A.Posted on5 May, 202021 May, 2020 Turkey’s private sector consumer confidence gauge, compiled by financial broadcaster BloombergHT decline further in April, … Continue ReadingConsumer confidence drops in April, Ipsos finds wide-spread economic anxiety
Categories Politics Turkey’s S-400s: What next? Editor P.A.Posted on5 May, 202021 May, 2020 Ankara has officially announced that it is “postponing” the “activation” of Russian made S-400 anti-missile … Continue ReadingTurkey’s S-400s: What next?
Categories Economy JP Morgan: Turkey: annual inflation stays on its downward trend Editor P.A.Posted on5 May, 202021 May, 2020 Despite the sharp lira weakening and its impact on import prices and its likely impact … Continue ReadingJP Morgan: Turkey: annual inflation stays on its downward trend
Categories General Financial Times: Turkey corona deaths underreported Editor P.A.Posted on5 May, 202021 May, 2020 The number of people who have died from COVID-19 in Turkey has risen by 59 … Continue ReadingFinancial Times: Turkey corona deaths underreported
Categories Markets OPINION: Remember Pastor Brunson? Editor P.A.Posted on5 May, 202021 May, 2020 Pastor Andrew Brunson is an evangelical clergyman who had settled in Turkey to teach the … Continue ReadingOPINION: Remember Pastor Brunson?
