Categories HIGHLIGHTS Politics U.S. Presses Sceptical Turkey to Curb Hamas Fundraising Güldem AtabayPosted on30 November, 202330 November, 2023 The U.S. Treasury’s top terrorism financing official said on Thursday he had discussed with Turkish … Continue ReadingU.S. Presses Sceptical Turkey to Curb Hamas Fundraising
Categories Economy Güldem Atabay HIGHLIGHTS Guldem Atabay: Turkey continued to experience strong growth driven by domestic demand 3Q23: Slowdown to follow in 2024 Güldem AtabayPosted on30 November, 202330 November, 2023 As per the data provided by the Turkish Statistical Institute (TÜİK), the Turkish economy grew … Continue ReadingGuldem Atabay: Turkey continued to experience strong growth driven by domestic demand 3Q23: Slowdown to follow in 2024
Categories Economy HIGHLIGHTS OECD has raised its growth forecast for Turkey Güldem AtabayPosted on29 November, 2023 The Organisation for Economic Co-operation and Development (OECD) has raised its growth expectations for the … Continue ReadingOECD has raised its growth forecast for Turkey
Categories Economy HIGHLIGHTS S&P Global revised its growth forecasts for the Turkish economy in 2023 and 2024 Güldem AtabayPosted on29 November, 2023 S&P Global has revised its growth forecasts for the Turkish economy in 2023 and 2024, … Continue ReadingS&P Global revised its growth forecasts for the Turkish economy in 2023 and 2024
Categories Economy HIGHLIGHTS Turkey’s central bank Governor: Time has come to switch back to Turkish lira Güldem AtabayPosted on29 November, 2023 Central Bank of Turkey Governor Hafize Gaye Erkan stated, “We believe the time has come … Continue ReadingTurkey’s central bank Governor: Time has come to switch back to Turkish lira
Categories Economy HIGHLIGHTS Exclusive: European fund giant Amundi dipping toe back into Turkey’s lira Güldem AtabayPosted on28 November, 2023 Amundi, Europe’s largest asset manager, has started dipping its toe back into the Turkish lira … Continue ReadingExclusive: European fund giant Amundi dipping toe back into Turkey’s lira
Categories Economy HIGHLIGHTS Turkey to unveil tax incentives to boost foreign currency inflows Güldem AtabayPosted on22 November, 2023 Finance Minister Mehmet Şimşek has announced a new incentive regulation aimed at encouraging foreign currency … Continue ReadingTurkey to unveil tax incentives to boost foreign currency inflows
Categories Economy HIGHLIGHTS Erdoğan declared that the period of appreciation for the Turkish Lira has begun Güldem AtabayPosted on22 November, 2023 Turkish President Erdoğan stated that the period of the Turkish Lira losing value in real … Continue ReadingErdoğan declared that the period of appreciation for the Turkish Lira has begun
Categories Economy HIGHLIGHTS Politics Turkey to privatize highways, bridges, and hydroelectric power plants to reduce current account deficit Güldem AtabayPosted on1 November, 2023 Turkey’s Finance Minister Mehmet Simşek unveiled plans for the privatization of infrastructure projects such as … Continue ReadingTurkey to privatize highways, bridges, and hydroelectric power plants to reduce current account deficit
Categories Economy HIGHLIGHTS The slowdown in Turkey’s industrial sector is accelerating Güldem AtabayPosted on1 November, 2023 According to the Istanbul Chamber of Industry (ISO) Manufacturing Purchasing Managers’ Index (PMI) for October … Continue ReadingThe slowdown in Turkey’s industrial sector is accelerating
Categories Economy General HIGHLIGHTS Istanbul inflation below 4 percent in October, but the annual rate is still very high Güldem AtabayPosted on1 November, 2023 According to Istanbul Chamber of Commerce (İTO) data, the retail price increase, which was at … Continue ReadingIstanbul inflation below 4 percent in October, but the annual rate is still very high
Categories Economy HIGHLIGHTS Turkey’s foreign trade deficit down by half in September Güldem AtabayPosted on1 November, 2023 Turkey’s foreign trade recorded a historic high trade deficit in the first 9 months. According … Continue ReadingTurkey’s foreign trade deficit down by half in September
Categories Economy Finance HIGHLIGHTS Further simplification steps from the Turkish Central Bank to ease the financial repressing of the previous economy team Güldem AtabayPosted on27 October, 2023 Turkish central bank has announced measures to simplify regulations, including the termination of some securities … Continue ReadingFurther simplification steps from the Turkish Central Bank to ease the financial repressing of the previous economy team
Categories Economy General HIGHLIGHTS Turkey’s central bank raises the policy rate for five consecutive months Güldem AtabayPosted on26 October, 2023 The Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee (MPC) increased interest … Continue ReadingTurkey’s central bank raises the policy rate for five consecutive months
Categories Economy HIGHLIGHTS Finance Minister Simsek statement that the return of foreign investments will take time adding to market jitters Güldem AtabayPosted on25 October, 2023 Turkey’s Minister of Finance and Treasury, Şimşek continued his meetings with foreign investors in the … Continue ReadingFinance Minister Simsek statement that the return of foreign investments will take time adding to market jitters
Categories Economy Finance HIGHLIGHTS Markets Central bank rate decision on Thursday keeps the bankers guessing Güldem AtabayPosted on25 October, 202325 October, 2023 The Turkish Central Bank (TCMB) is set to reveal its policy interest rate decision on … Continue ReadingCentral bank rate decision on Thursday keeps the bankers guessing
Categories Finance HIGHLIGHTS Markets Erdogan’s remarks on Hamas had their toll on the equity market Güldem AtabayPosted on25 October, 2023 After opening 0.57% higher at 8035 points, the Borsa Istanbul 100 index began to decline … Continue ReadingErdogan’s remarks on Hamas had their toll on the equity market
Categories Economy HIGHLIGHTS Politics Turkey-Israel energy collaboration plans halted on Gazze tensions Güldem AtabayPosted on25 October, 2023 Shortly after Turkish President Erdogan said, “Hamas is not a terrorist organization but a group … Continue ReadingTurkey-Israel energy collaboration plans halted on Gazze tensions
Categories Economy HIGHLIGHTS Politics Erdogan: Hamas are freedom fighters, not terrorists; cancels Israel trip Güldem AtabayPosted on25 October, 2023 Turkish President Tayyip Erdogan declared Hamas as ‘freedom fighters,’ and rejected that it is a … Continue ReadingErdogan: Hamas are freedom fighters, not terrorists; cancels Israel trip
Categories Economy HIGHLIGHTS Politics Turkey’s Foreign Minister Fidan: The Customs Union dispute with the EU is not political but technical in nature Güldem AtabayPosted on18 October, 2023 Foreign Minister Hakan Fidan, during a chat session with Ankara correspondents from various newspapers, addressed … Continue ReadingTurkey’s Foreign Minister Fidan: The Customs Union dispute with the EU is not political but technical in nature