Categories HIGHLIGHTS Politics US Raises Pressure on Turkey and UAE to Curb Russia Trade Ties Güldem AtabayPosted on3 February, 2023 The US has told the United Arab Emirates and Turkey that their economic and financial … Continue ReadingUS Raises Pressure on Turkey and UAE to Curb Russia Trade Ties
Categories Economy HIGHLIGHTS Politics Senators want to block Turkey F-16 sale until NATO expansion succeeds Güldem AtabayPosted on3 February, 2023 More than a quarter of the Senate sent a letter to President Joe Biden on … Continue ReadingSenators want to block Turkey F-16 sale until NATO expansion succeeds
Categories HIGHLIGHTS Politics Facing hardest election yet, Turkey’s Erdogan woos voters with ‘good news’ Güldem AtabayPosted on29 January, 2023 Facing a difficult election in just a few months, Turkish President Recep Tayyip Erdogan has … Continue ReadingFacing hardest election yet, Turkey’s Erdogan woos voters with ‘good news’
Categories Economy Finance HIGHLIGHTS Central bank abandons imposing an upper limit on currency-protected deposit accounts- a de facto interest rate hike Güldem AtabayPosted on26 January, 2023 In a letter sent to banks, the Central Bank announced that it has abandoned imposing … Continue ReadingCentral bank abandons imposing an upper limit on currency-protected deposit accounts- a de facto interest rate hike
Categories Economy Finance HIGHLIGHTS Turkey Offers Favorable Lira Rate for Converting Exporter Income Güldem AtabayPosted on26 January, 2023 Turkey will provide a more favorable exchange rate to exporters that convert their foreign income into lira … Continue ReadingTurkey Offers Favorable Lira Rate for Converting Exporter Income
Categories Economy HIGHLIGHTS Politics Syria, Türkiye Normalization Takes Shape along Aleppo-Latakia Highway Güldem AtabayPosted on23 January, 202323 January, 2023 Open and secret political and security contacts have expanded in recent days to choose the … Continue ReadingSyria, Türkiye Normalization Takes Shape along Aleppo-Latakia Highway
Categories Economy General HIGHLIGHTS Politics What an Erdogan loss in Turkey’s presidential election would mean for the country and the world Güldem AtabayPosted on23 January, 202323 January, 2023 The Turkish leader has held a grip on power for two decades. His departure from … Continue ReadingWhat an Erdogan loss in Turkey’s presidential election would mean for the country and the world
Categories Economy General HIGHLIGHTS Politics Timothy Ash: Turkey – thoughts around elections Güldem AtabayPosted on23 January, 2023 President Erdogan appears to have all but confirmed that Turkey will hold parliamentary and presidential … Continue ReadingTimothy Ash: Turkey – thoughts around elections
Categories HIGHLIGHTS Politics Erdoğan signals Turkey to hold elections on May 14 Güldem AtabayPosted on18 January, 2023 President and Justice and Development Party (AKP) Chair Recep Tayyip Erdoğan has implied that the … Continue ReadingErdoğan signals Turkey to hold elections on May 14
Categories Economy HIGHLIGHTS Politics Halkbank Gets Mixed Reception at Top US Court on Immunity Güldem AtabayPosted on18 January, 2023 Turkey’s state-owned Halkbank got a mixed reception at the US Supreme Court as the bank sought dismissal … Continue ReadingHalkbank Gets Mixed Reception at Top US Court on Immunity
Categories Economy HIGHLIGHTS Politics WSJ: NATO’s Electoral Message for Erdoğan Güldem AtabayPosted on18 January, 2023 By John Bolton / The alliance ought to put Ankara’s membership on the chopping block if … Continue ReadingWSJ: NATO’s Electoral Message for Erdoğan
Categories HIGHLIGHTS Politics U.S. Supreme Court Weighs Turkish Lender Halkbank’s Bid to Avoid Charges Güldem AtabayPosted on17 January, 202317 January, 2023 The U.S. Supreme Court is set on Tuesday to hear arguments over a bid by … Continue ReadingU.S. Supreme Court Weighs Turkish Lender Halkbank’s Bid to Avoid Charges
Categories HIGHLIGHTS Politics Syrian FM says Turkish ‘occupation’ of Syria must end to resume ties Güldem AtabayPosted on16 January, 2023 Syria’s foreign minister said Saturday that Turkish forces must be removed from Syria in order … Continue ReadingSyrian FM says Turkish ‘occupation’ of Syria must end to resume ties
Categories Economy HIGHLIGHTS Politics Turkey eyes early elections on May 14 after hint by President Erdogan Güldem AtabayPosted on16 January, 2023 Turkish President Recep Tayyip Erdogan again hinted that elections will be brought forward to May … Continue ReadingTurkey eyes early elections on May 14 after hint by President Erdogan
Categories Emerging Markets HIGHLIGHTS First public call for a parallel rate to tackle the squeeze on businesses came from Turkish clothing manufacturers Güldem AtabayPosted on11 January, 2023 Turkish clothing manufacturers have asked the government for a special exchange rate they say is … Continue ReadingFirst public call for a parallel rate to tackle the squeeze on businesses came from Turkish clothing manufacturers
Categories General HIGHLIGHTS Turkish Stocks Extend World-Leading Slump Amid ‘Fear and Panic Güldem AtabayPosted on11 January, 2023 Turkish stocks tumbled, extending their 2023 slump, as panic selling deepened among local investors, triggering … Continue ReadingTurkish Stocks Extend World-Leading Slump Amid ‘Fear and Panic
Categories Economy HIGHLIGHTS Turkey Asks Banks to Slow Dollar Purchases Until Next Week Güldem AtabayPosted on28 December, 2022 According to Bloomberg, Turkey’s central bank asked commercial lenders to refrain from carrying out large … Continue ReadingTurkey Asks Banks to Slow Dollar Purchases Until Next Week
Categories Economy HIGHLIGHTS Turkish lira weakens to record low of 18.84 against dollar, with losses near 30 pct Güldem AtabayPosted on27 December, 2022 Turkey’s lira briefly touched a record low of 18.8440 against the dollar early on Monday … Continue ReadingTurkish lira weakens to record low of 18.84 against dollar, with losses near 30 pct
Categories Economy HIGHLIGHTS Turkish manufacturing capacity utilization rate drops to 75,9 percent Güldem AtabayPosted on27 December, 2022 The capacity utilization rate of the Turkish manufacturing industry declined to 75.9% in December, according … Continue ReadingTurkish manufacturing capacity utilization rate drops to 75,9 percent
Categories Economy HIGHLIGHTS Minister warns grocery chains not to increase prices too much after minimum wage hike Güldem AtabayPosted on26 December, 2022 Trade Minister Mehmed Muş has hosted the heads of four grocery chains to warn them … Continue ReadingMinister warns grocery chains not to increase prices too much after minimum wage hike