Categories Economy General HIGHLIGHTS Turkish deputy minister expresses determination to continue policy of interest rate cuts Güldem AtabayPosted on26 November, 2021 Turkey is determined to continue a policy of interest rate cuts, and “manipulative attacks” on the … Continue ReadingTurkish deputy minister expresses determination to continue policy of interest rate cuts
Categories General HIGHLIGHTS Politics Istanbul court rules to keep Osman Kavala behind bars Güldem AtabayPosted on26 November, 2021 An Istanbul court on Nov. 26 ruled to keep philanthropist Osman Kavala in prison, after … Continue ReadingIstanbul court rules to keep Osman Kavala behind bars
Categories Economy Finance HIGHLIGHTS Turkish central bank, banks discuss rates after lira tumble Güldem AtabayPosted on26 November, 2021 Turkey’s central bank governor said he discussed recent interest rate cuts with bankers at a … Continue ReadingTurkish central bank, banks discuss rates after lira tumble
Categories Economy General HIGHLIGHTS Politics Turkish lira rebounds from record low: State banks run to the rescue while hopes for UAE money rise Güldem AtabayPosted on24 November, 2021 Turkey’s lira recovered as much as 7% on Wednesday from a historic slide to record … Continue ReadingTurkish lira rebounds from record low: State banks run to the rescue while hopes for UAE money rise
Categories Economy HIGHLIGHTS Politics IDEA report labels Turkey as a ‘hybrid regime’ Güldem AtabayPosted on24 November, 2021 Turkey has turned from a backsliding democracy to a hybrid regime, according to the 2021 report of … Continue ReadingIDEA report labels Turkey as a ‘hybrid regime’
Categories Economy HIGHLIGHTS Politics Opposition leaders slam Erdoğan as Turkish lira loses 10 percent in value in a day Güldem AtabayPosted on24 November, 2021 Speaking at his party’s parliamentary group meeting, main opposition Republican People’s Party (CHP) Chair … Continue ReadingOpposition leaders slam Erdoğan as Turkish lira loses 10 percent in value in a day
Categories Economy General HIGHLIGHTS Markets Politics Central bank announcement aids little to TL Güldem AtabayPosted on23 November, 202123 November, 2021 Turkish President Erdogan met with central bank Governor Kavcioglu in the afternoon of the worst … Continue ReadingCentral bank announcement aids little to TL
Categories Economy HIGHLIGHTS Politics Former ECHR judge: Turkey not releasing Kavala, Demirtaş may trigger expulsion Güldem AtabayPosted on22 November, 2021 The continued imprisonment of Turkish philanthropist Osman Kavala and Kurdish politician Selahattin Demirtaş may result … Continue ReadingFormer ECHR judge: Turkey not releasing Kavala, Demirtaş may trigger expulsion
Categories Economy HIGHLIGHTS Turkey shows emerging markets how not to manage a currency – ex-IMF official Güldem AtabayPosted on22 November, 2021 Turkey is demonstrating to other emerging markets how not to manage a currency, said Desmond … Continue ReadingTurkey shows emerging markets how not to manage a currency – ex-IMF official
Categories Economy HIGHLIGHTS TL weakness pulls down Tukey’s Consumer Confidence Index to all time low Güldem AtabayPosted on22 November, 2021 Seasonally-adjusted consumer confidence index (CCI) in Turkey worsened to 71.1 in November from 76.8 the … Continue ReadingTL weakness pulls down Tukey’s Consumer Confidence Index to all time low
Categories Economy HIGHLIGHTS Turkish state energy firm BOTAS to tap more cenbank forex in relief plan for lira Güldem AtabayPosted on17 November, 2021 Turkey’s state energy company BOTAS is expected to turn to the central bank to help … Continue ReadingTurkish state energy firm BOTAS to tap more cenbank forex in relief plan for lira
Categories Economy HIGHLIGHTS Erdogan calls for lower rates again ahead of the central bank decision meeting Güldem AtabayPosted on17 November, 2021 Speaking at the AKP’s Group Meeting, President Erdogan said he would continue fighting for lower … Continue ReadingErdogan calls for lower rates again ahead of the central bank decision meeting
Categories Economy HIGHLIGHTS Turkey selling more abroad but at a cheaper price Güldem AtabayPosted on10 November, 202110 November, 2021 Turkey’s September export unit value index increase was limited with 11.8% where as its export … Continue ReadingTurkey selling more abroad but at a cheaper price
Categories Economy HIGHLIGHTS Markets Turkey’s construction cost inflation up 39.5 percent Güldem AtabayPosted on10 November, 2021 In September 2021, construction cost index (CCI) increased by 0.25% compared with previous month and … Continue ReadingTurkey’s construction cost inflation up 39.5 percent
Categories Economy HIGHLIGHTS Turkey’s unemployment eases in September but the figures might be misleading Güldem AtabayPosted on10 November, 2021 Turkey’s seasonally adjusted unemployment rate dropped to 11.5% as of September as per the official … Continue ReadingTurkey’s unemployment eases in September but the figures might be misleading
Categories Economy HIGHLIGHTS Bloomberg: Erdogan’s War on Interest Rates Is Making Turkey’s Rich Richer Güldem AtabayPosted on8 November, 2021 In a Bloomberg analysis written by Asli Kandemir and Cagan Koc, the focus is put … Continue ReadingBloomberg: Erdogan’s War on Interest Rates Is Making Turkey’s Rich Richer
Categories Economy HIGHLIGHTS Politics In troubled US-Turkey relations, F-16 deal seen as path for dialogue Güldem AtabayPosted on1 November, 20211 November, 2021 Following several scheduling changes, US President Joe Biden and his Turkish counterpart, Recep Tayyip Erdogan, met … Continue ReadingIn troubled US-Turkey relations, F-16 deal seen as path for dialogue
Categories Economy HIGHLIGHTS Nearly two-thirds of Turks say Erdoğan doing bad job on economy Güldem AtabayPosted on1 November, 2021 Almost two-thirds of Turkish voters think President Recep Tayyip Erdoğan’s government is doing a bad … Continue ReadingNearly two-thirds of Turks say Erdoğan doing bad job on economy
Categories Economy HIGHLIGHTS UPDATE (CPI print today) Istanbul inflation exceeds 20 percent Güldem AtabayPosted on1 November, 20213 November, 2021 Turkstat is predicted to report Turkish CPI soaring to 20.35%, up from 19.58% in September, … Continue ReadingUPDATE (CPI print today) Istanbul inflation exceeds 20 percent
Categories Economy HIGHLIGHTS Turkey hikes natural gas prices for industry by 48 percent Güldem AtabayPosted on1 November, 2021 Turkish state-run pipeline company BOTAŞ increased natural gas prices for industry by 48 percent. The … Continue ReadingTurkey hikes natural gas prices for industry by 48 percent
