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
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
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
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
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?
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
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”
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
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
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”
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
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
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
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
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
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
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
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
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
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