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Category: Business

Business news from Turkey in English

Iraq halts Kurdish crude exports after winning arbitration case against Turkey
Categories Business HIGHLIGHTS

Iraq halts Kurdish crude exports after winning arbitration case against Turkey

Atilla YeşiladaPosted on26 March, 2023

Iraq halted 450,000 barrels per day (bpd) of crude exports from the semi-autonomous Kurdistan region … Continue ReadingIraq halts Kurdish crude exports after winning arbitration case against Turkey

Ussal Sahbaz: Turkey’s housing bubble impedes innovation and productivity
Categories Business HIGHLIGHTS

Ussal Sahbaz: Turkey’s housing bubble impedes innovation and productivity

Atilla YeşiladaPosted on24 March, 2023

A report published this month included the following findings: “Economic activities in our nation’s largest … Continue ReadingUssal Sahbaz: Turkey’s housing bubble impedes innovation and productivity

TOGG to receive 100,000 preorders in first weeek
Categories Business Company & Industry HIGHLIGHTS HYPED

TOGG to receive 100,000 preorders in first weeek

Cem CetingucPosted on24 March, 2023

Togg, Türkiye’s first domestically manufactured car brand, has announced that its first smart device model … Continue ReadingTOGG to receive 100,000 preorders in first weeek

Russia hesitant to renew grain deal
Categories Business General HIGHLIGHTS

Russia hesitant to renew grain deal

Atilla YeşiladaPosted on12 March, 2023

Russia’s top diplomat said Thursday that it would be “quite complicated” for Moscow to sign … Continue ReadingRussia hesitant to renew grain deal

Commentary:  Turkey’s Surreal Real Estate Bubble: On Its Last Legs?
Categories Atilla Yeşilada Business HIGHLIGHTS

Commentary:  Turkey’s Surreal Real Estate Bubble: On Its Last Legs?

Atilla YeşiladaPosted on9 March, 2023

    Turkey’s Surreal Real Estate Bubble: On Its Last Legs?   Japan’s economic miracle … Continue ReadingCommentary:  Turkey’s Surreal Real Estate Bubble: On Its Last Legs?

World Bank estimates quake bill:  AT LEAST   $35 bn
Categories Business HIGHLIGHTS

World Bank estimates quake bill:  AT LEAST   $35 bn

Atilla YeşiladaPosted on28 February, 2023

The two deadly earthquakes that devastated Turkey’s southeast early this month are estimated to have … Continue ReadingWorld Bank estimates quake bill:  AT LEAST   $35 bn

“Yağız Kutay Işık wrote: Earthquake taxes”
Categories Business General HIGHLIGHTS

“Yağız Kutay Işık wrote: Earthquake taxes”

Atilla YeşiladaPosted on25 February, 2023

We are currently going through a difficult time. It’s possible that the worst possible situation … Continue Reading“Yağız Kutay Işık wrote: Earthquake taxes”

Turkish Government’s Swift Response Boosts Stock Market Following Devastating Earthquake
Categories Business Finance HIGHLIGHTS

Turkish Government’s Swift Response Boosts Stock Market Following Devastating Earthquake

Cem CetingucPosted on17 February, 2023

Turkey’s stock market soared Wednesday on the first day of trading after a suspension triggered by a devastating … Continue ReadingTurkish Government’s Swift Response Boosts Stock Market Following Devastating Earthquake

JP Morgan estimates earthquake damage:  The economic  implications of the earthquake
Categories Business HIGHLIGHTS

JP Morgan estimates earthquake damage:  The economic  implications of the earthquake

Atilla YeşiladaPosted on16 February, 2023

The report starts with JP Morgan research team expressing its sorrow  and well-wishes to the … Continue ReadingJP Morgan estimates earthquake damage:  The economic  implications of the earthquake

World Bank:  Reconstruction to cost “billions of dollars”
Categories Business HIGHLIGHTS

World Bank:  Reconstruction to cost “billions of dollars”

Atilla YeşiladaPosted on14 February, 2023

Turkish and Syrian reconstruction efforts in the wake of devastating twin earthquakes last week will … Continue ReadingWorld Bank:  Reconstruction to cost “billions of dollars”

Turkey’s Earthquake: Making Sense of the Human and Economic Toll
Categories Atilla Yeşilada Business HIGHLIGHTS

Turkey’s Earthquake: Making Sense of the Human and Economic Toll

Atilla YeşiladaPosted on13 February, 2023

Turkey’s Earthquake: Making Sense of the Human and Economic Toll   At the end of … Continue ReadingTurkey’s Earthquake: Making Sense of the Human and Economic Toll

Earthquake blog II: Turkey-Syria death toll could climb to 50K, damage estimates soar to staggering numbers
Categories Atilla Yeşilada Business HIGHLIGHTS

Earthquake blog II: Turkey-Syria death toll could climb to 50K, damage estimates soar to staggering numbers

Atilla YeşiladaPosted on12 February, 2023

This is my second posting from Turkey, where the earthquake is the only topic of … Continue ReadingEarthquake blog II: Turkey-Syria death toll could climb to 50K, damage estimates soar to staggering numbers

BofA and Fitch report first damage estimates from the quake
Categories Business HIGHLIGHTS

BofA and Fitch report first damage estimates from the quake

Atilla YeşiladaPosted on10 February, 2023

Bloomberg reported that Turkish President Recep Tayyip Erdogan said the initial state response had been … Continue ReadingBofA and Fitch report first damage estimates from the quake

Turkey’s senior seismologist blames Erdogan for earthquake damage
Categories Business General HIGHLIGHTS

Turkey’s senior seismologist blames Erdogan for earthquake damage

Atilla YeşiladaPosted on10 February, 2023

One of Turkey leading seismologists, Prof. Dr. Celal Şengör, who has also become a media … Continue ReadingTurkey’s senior seismologist blames Erdogan for earthquake damage

VoA:  Turkey facing sanctions threat from USA
Categories Business HIGHLIGHTS Tech

VoA:  Turkey facing sanctions threat from USA

Atilla YeşiladaPosted on9 February, 20239 February, 2023

Voice of America reports that the Biden administration is working on making sanctions targeting Russia … Continue ReadingVoA:  Turkey facing sanctions threat from USA

Expert:  Aftershocks will last for months, economic damage expansive
Categories Business General HYPED

Expert:  Aftershocks will last for months, economic damage expansive

Atilla YeşiladaPosted on8 February, 2023

As Turkey tries to deal with the pain of harrowing human losses and the bitter … Continue ReadingExpert:  Aftershocks will last for months, economic damage expansive

Sinan Ciddi:  U.S. Demands More Sanctions Enforcement From Turkey
Categories Business General HIGHLIGHTS

Sinan Ciddi:  U.S. Demands More Sanctions Enforcement From Turkey

Atilla YeşiladaPosted on4 February, 2023

The U.S. government will warn Turkey that it risks losing access to key markets if … Continue ReadingSinan Ciddi:  U.S. Demands More Sanctions Enforcement From Turkey

Turkish exports reach all-time high in January creating a huge trade ficit
Categories Business Economy HIGHLIGHTS Markets

Turkish exports reach all-time high in January creating a huge trade ficit

Cem CetingucPosted on2 February, 20233 February, 2023

Turkey’s exports posted an all-time high January figure at $19.4 billion (TL 365.04 billion), Trade … Continue ReadingTurkish exports reach all-time high in January creating a huge trade ficit

Teknosa |BUY: Be boring make money
Categories Business Company & Industry Finance HIGHLIGHTS

Teknosa |BUY: Be boring make money

Cem CetingucPosted on1 February, 2023

Technology Superstores are Increasing Their Market Share Despite the aggressive top line growth strategies of … Continue ReadingTeknosa |BUY: Be boring make money

Turkey’s trade deficit jumps 137 percent in 2022, as tourism revenues boom
Categories Business Economy HIGHLIGHTS

Turkey’s trade deficit jumps 137 percent in 2022, as tourism revenues boom

Atilla YeşiladaPosted on31 January, 2023

Cover Chart:  Turkish exports in red, Imports Blue, by Yatirim Finansman   Turkey’s tourism revenue … Continue ReadingTurkey’s trade deficit jumps 137 percent in 2022, as tourism revenues boom

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Recent Posts

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  • Life will gradually get back to normal after earthquake: Erdoğan

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