Categories Economy March-April data reveals devastation in economic landscape Editor P.A.Posted on5 May, 202021 May, 2020 New data from the state-run Turkish Statistical Institute for April 2020, as well as private … Continue ReadingMarch-April data reveals devastation in economic landscape
Categories General Erdogan begins to ease Turkey’s coronavirus restrictions Editor P.A.Posted on5 May, 202021 May, 2020 Turkey will start easing coronavirus containment measures from Monday, President Tayyip Erdogan said, lifting inter-city … Continue ReadingErdogan begins to ease Turkey’s coronavirus restrictions
Categories Economy Emerging Markets Foreign Policy: Corona forces Brazil, Indonesia, India, Russia, and Turkey face a daunting new reality Editor P.A.Posted on4 May, 202021 May, 2020 Risky assets had rallied throughout April, thanks to slowing-down of the Covid-19 outbreaks in rich … Continue ReadingForeign Policy: Corona forces Brazil, Indonesia, India, Russia, and Turkey face a daunting new reality
Categories General An important announcement for our readers Editor P.A.Posted on4 May, 202021 May, 2020 Dear Turkey enthusiasts, We are in the process of moving our PA Intelligence news site … Continue ReadingAn important announcement for our readers
Categories Business Moody’s pessimistic on Turkey rating Editor P.A.Posted on4 May, 202021 May, 2020 Moody’s notes declining Central Bank reserves, economic policy uncertainty as main reasons for its negative … Continue ReadingMoody’s pessimistic on Turkey rating
Categories Business Politics Turkey near top of regional fraud league Editor P.A.Posted on4 May, 202021 May, 2020 ISTANBUL: Turkey is the second-worst country in its region for business fraud, and known cases … Continue ReadingTurkey near top of regional fraud league
Categories General Turkey to expand testing to locate “ghost carriers” Editor P.A.Posted on4 May, 202021 May, 2020 Turkey’s new cases declined from 5K to 2K in the brief span of one month, … Continue ReadingTurkey to expand testing to locate “ghost carriers”
Categories Company & Industry Economy Emerging Markets Finance Corona toll now tangible for the Turkish economy Editor P.A.Posted on4 May, 202021 May, 2020 Turkish Ministry of Commerce temporary foreign trade data shows an immense 41.38 percent yoy drop … Continue ReadingCorona toll now tangible for the Turkish economy
Categories Economy Current account in balance, but foreign debt payments a problem Editor P.A.Posted on4 May, 202021 May, 2020 Foreign trade deficit increased by 72% yoy in February According to TURKSTAT, the volume of … Continue ReadingCurrent account in balance, but foreign debt payments a problem
Categories Economy Covid-19 takes its toll on public budget Editor P.A.Posted on4 May, 202021 May, 2020 The central government budget posted a TRY43.7bn deficit in March, compared to the TRY24.5bn deficit … Continue ReadingCovid-19 takes its toll on public budget
Categories Business Turkcell: Take on COVID-19 impact Editor P.A.Posted on4 May, 202021 May, 2020 Turkcell’s management has provided its views on the effect of COVID-19, saying roaming will clearly … Continue ReadingTurkcell: Take on COVID-19 impact
Categories Economy Markets TL weakness hardly offset by weak demand: Inflation strong Editor P.A.Posted on4 May, 202021 May, 2020 Turkey’s April Consumer Price Index (CPI) increased by 10.94% annually and 0.85% monthly which beats … Continue ReadingTL weakness hardly offset by weak demand: Inflation strong
Categories General Politics Why is Turkey in a rush to return to normal (from the Covid outbreak)? Editor P.A.Posted on2 May, 202021 May, 2020 As daily corona cases decline to 2K threshold, the Erdogan administration is busy planning for … Continue ReadingWhy is Turkey in a rush to return to normal (from the Covid outbreak)?
Categories Economy Turkish CB governor defends negative real rates Editor P.A.Posted on2 May, 202021 May, 2020 Turkish central bank Governor Murat Uysal is making clear he isn’t about to bend to … Continue ReadingTurkish CB governor defends negative real rates
Categories Emerging Markets Moody’s heralds higher defaults rates among EM companies Editor P.A.Posted on2 May, 202021 May, 2020 With $170 bn in FX debt payments over the next 12 months, Turkish private sector … Continue ReadingMoody’s heralds higher defaults rates among EM companies
Categories Economy Finance ANALYSIS: A mix of factors on Turkey’s inflation beyond March; 10-11% year end likely Editor P.A.Posted on4 April, 202021 May, 2020 Turkey’s March consumer price index (CPI) increased by 11.86% annually and 0.57% monthly. On the … Continue ReadingANALYSIS: A mix of factors on Turkey’s inflation beyond March; 10-11% year end likely
Categories Economy Finance Markets Turkish currency weakens below “danger threshold” Editor P.A.Posted on4 April, 202021 May, 2020 Turkey seems to have two options left. Either Ankara will impose some type of mild … Continue ReadingTurkish currency weakens below “danger threshold”
Categories Politics Istanbul mayor opposes Erdogan policy, calls for curfew Editor P.A.Posted on4 April, 202021 May, 2020 On the calls for a lockdown, Erdogan has said Turkey must “keep wheels turning” to … Continue ReadingIstanbul mayor opposes Erdogan policy, calls for curfew
