Categories Economy HIGHLIGHTS ING: Turkey’s 12M rolling current account deficit highest since 2018 Güldem AtabayPosted on13 February, 2023 Breakdown of current account (12M rolling, US$bn) The 12M rolling current account balance showed a … Continue ReadingING: Turkey’s 12M rolling current account deficit highest since 2018
Categories Finance Markets Turkey Weighs Extending Stock-Market Closure as Quake Toll Rises Güldem AtabayPosted on13 February, 202313 February, 2023 Turkish officials are considering extending a closure of the Istanbul stock market past Wednesday, after … Continue ReadingTurkey Weighs Extending Stock-Market Closure as Quake Toll Rises
Categories HIGHLIGHTS Politics Main opposition leader: Gov’t corruption in construction sector to blame for quake destruction Güldem AtabayPosted on8 February, 2023 In a video recorded in the quake-stricken province of Hatay, Turkish main opposition CHP leader … Continue ReadingMain opposition leader: Gov’t corruption in construction sector to blame for quake destruction
Categories Finance HIGHLIGHTS Turkey Halts Stock Trading for Five Days and Cancels Some Trades Güldem AtabayPosted on8 February, 2023 Turkey’s stock exchange suspended trading for five days and canceled all trades executed on Wednesday, … Continue ReadingTurkey Halts Stock Trading for Five Days and Cancels Some Trades
Categories HIGHLIGHTS Politics Turkey Silences Criticism of Govt’s Handling of Quake Disaster Güldem AtabayPosted on8 February, 2023 As criticism grows of the government’s response to the earthquake crisis, the authorities have acted … Continue ReadingTurkey Silences Criticism of Govt’s Handling of Quake Disaster
Categories Economy HIGHLIGHTS Timothy Ash: Turkey – Economic implications of the earthquake Güldem AtabayPosted on8 February, 2023 Obviously the earthquake is an enormous human tragedy and we all need to do our … Continue ReadingTimothy Ash: Turkey – Economic implications of the earthquake
Categories Economy General HIGHLIGHTS Turkey Update: Third day into the massive quakes: State of emergency, elections, economic burden… the latest.. Güldem AtabayPosted on8 February, 2023 The twin earthquakes had magnitudes of 7.7 and 7.6, striking Turkey’s southeast and causing widespread … Continue ReadingTurkey Update: Third day into the massive quakes: State of emergency, elections, economic burden… the latest..
Categories Economy General HIGHLIGHTS Politics Earthquake kills over 1,700 in Turkey, Syria; second massive quake follows Güldem AtabayPosted on6 February, 2023 A 7.8-magnitude earthquake in southern Turkey early Monday killed more than 1,700 people across the … Continue ReadingEarthquake kills over 1,700 in Turkey, Syria; second massive quake follows
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