Categories Business HIGHLIGHTS Tech Bloomberg: Turkey’s State Gas Importer Races for Funding as Prices Surge Atilla YeşiladaPosted on7 January, 2022 IMPORTANT DISCLOSURE: This is only an excerpt from the original Bloomberg article, click here to … Continue ReadingBloomberg: Turkey’s State Gas Importer Races for Funding as Prices Surge
Categories Business Economy HIGHLIGHTS Turkey heralds new export record, but trade deficit still $45.9 bn! Atilla YeşiladaPosted on3 January, 2022 Turkey’s total exports increased by 32.9 percent year on year and amounted to 225.368 billion … Continue ReadingTurkey heralds new export record, but trade deficit still $45.9 bn!
Categories Business General HIGHLIGHTS Turks greet New Year with double-digit price hikes Atilla YeşiladaPosted on1 January, 2022 Turkey sharply raised electricity prices by 50-100% for households and companies on Saturday, and again … Continue ReadingTurks greet New Year with double-digit price hikes
Categories Business HIGHLIGHTS Tourism: The nightmare returns Atilla YeşiladaPosted on30 December, 2021 Seven European nations, including the Netherlands, Italy and Spain, have barred Turkish passengers from entering … Continue ReadingTourism: The nightmare returns
Categories Business HIGHLIGHTS Turkey’s Coming Debt Trap | Real Turkey Atilla YeşiladaPosted on30 December, 2021 Marry X-Mas and Season’s Greetings to all inhabitants of Planet Earth. Debt has become … Continue ReadingTurkey’s Coming Debt Trap | Real Turkey
Categories Business General HIGHLIGHTS Bridging the Distance Between Minds[1] Atilla YeşiladaPosted on28 December, 2021 2021-12-07 10:09:00 Source: China Today Author:SERIYE SEZEN* http://www.chinatoday.com.cn/ctenglish/2018/commentaries/202112/t20211207_800269283.html With 50 years of diplomatic relations … Continue ReadingBridging the Distance Between Minds[1]
Categories Business Economy Finance HIGHLIGHTS Macro Snapshot: CUR, RSCI and Sectoral Confidence Indices Cem CetingucPosted on28 December, 2021 SA CUR increased by 0.8pps 78.4% in December. In Q4, SA manufacturing CUR increased by … Continue ReadingMacro Snapshot: CUR, RSCI and Sectoral Confidence Indices
Categories Business General HIGHLIGHTS TURKEY: How ever-changing economic plans con small investors? Atilla YeşiladaPosted on28 December, 2021 After months of steady depreciation, a massive fluctuation in the Turkish lira within a week … Continue ReadingTURKEY: How ever-changing economic plans con small investors?
Categories Business Economy Finance HIGHLIGHTS BREAKING: As lira swings, some foreign banks review or scale back Turkey exposure – sources Atilla YeşiladaPosted on21 December, 202121 December, 2021 Reuters just published the following new item on Turkey, which we replicate here in summary … Continue ReadingBREAKING: As lira swings, some foreign banks review or scale back Turkey exposure – sources
Categories Business General HYPED Erdogan promises draconian hikes to pensions Atilla YeşiladaPosted on20 December, 2021 Some 13.5 million retirees in Turkey will receive at least 40 percent raise to their … Continue ReadingErdogan promises draconian hikes to pensions
Categories Business General HIGHLIGHTS President Erdoğan and Elon Musk chew over investment opportunities Cem CetingucPosted on17 December, 202117 December, 2021 President Recep Tayyip Erdoğan and the founder of Tesla and space entrepreneur Elon Musk held … Continue ReadingPresident Erdoğan and Elon Musk chew over investment opportunities
Categories Business Company & Industry Economy Finance HIGHLIGHTS The liquidity threat looming over markets in 2022 Cem CetingucPosted on17 December, 2021 After nearly two years of solid gains across stock markets, will the feared roller-coaster return? … Continue ReadingThe liquidity threat looming over markets in 2022
Categories Business HYPED Qatar leaves Turkey in cold water with ExxonMobil deal Atilla YeşiladaPosted on12 December, 2021 US giant ExxonMobil and Qatar Energy signed a contract Friday for oil and gas exploration … Continue ReadingQatar leaves Turkey in cold water with ExxonMobil deal
Categories Business General HIGHLIGHTS CHP warns of a food crisis in Turkey Atilla YeşiladaPosted on11 December, 2021 Republican People’s Party (CHP) Niğde MP Ömer Fethi Gürer has announced that the price of … Continue ReadingCHP warns of a food crisis in Turkey
Categories Business General HIGHLIGHTS 2021 was a bad year for Turkish movie theathers as spectator numbers decline drastically Cem CetingucPosted on11 December, 2021 Cinema has been among the sectors most affected by the coronavirus pandemic, and the normalization … Continue Reading2021 was a bad year for Turkish movie theathers as spectator numbers decline drastically
Categories Business Finance HIGHLIGHTS NEW: S&P lowers Turkey outlook to negative, citing ‘rising risks’ Atilla YeşiladaPosted on10 December, 2021 S&P Global Ratings on Friday changed its outlook for Turkey’s credit rating to negative from … Continue ReadingNEW: S&P lowers Turkey outlook to negative, citing ‘rising risks’
Categories Business Economy HIGHLIGHTS Apparel exports boom while retailers fight for survival amid Turkey’s economic crisis Cem CetingucPosted on9 December, 2021 The country’s currency, the lira, has lost almost half its value against the dollar so … Continue ReadingApparel exports boom while retailers fight for survival amid Turkey’s economic crisis
Categories Business Company & Industry HIGHLIGHTS Tofas: Reflecting FX spike in revenues; adding conviction to new model opportunity Cem CetingucPosted on8 December, 2021 We raise our TP for Tofas to TRY108.70 (from TRY50.10) and reiterate our Outperform rating. … Continue ReadingTofas: Reflecting FX spike in revenues; adding conviction to new model opportunity
Categories Business Finance HIGHLIGHTS Scope Ratings: 2022 may prove a flash-point year for Turkey Atilla YeşiladaPosted on8 December, 2021 We downgraded Turkey (B/Negative) in late 2020 (with foreign-currency ratings lowered one notch to B). … Continue ReadingScope Ratings: 2022 may prove a flash-point year for Turkey
Categories Business HIGHLIGHTS VoA: Business Owners in Turkey Brace as Lira Drops Atilla YeşiladaPosted on6 December, 2021 5 min video Click link: The Turkish lira has been hitting new record lows … Continue ReadingVoA: Business Owners in Turkey Brace as Lira Drops