Categories Business Company & Industry HIGHLIGHTS Tech Radical step for zero-carbon emissions: Turkey is turning algae into bio-jet fuel Cem CetingucPosted on7 March, 20227 March, 2022 The first carbon-negative biorefinery in Europe opened in Istanbul and is utilising algae to make a variety … Continue ReadingRadical step for zero-carbon emissions: Turkey is turning algae into bio-jet fuel
Categories Business HIGHLIGHTS Turkey faces danger of being left without sufficient food supplies due to conflict in Ukraine Atilla YeşiladaPosted on6 March, 2022 The Russia-Ukraine war scaled up the concerns in Turkey about food inflation and food security … Continue ReadingTurkey faces danger of being left without sufficient food supplies due to conflict in Ukraine
Categories Business HIGHLIGHTS Russia-Ukraine conflict, Fed hike rattling Turkish economy Atilla YeşiladaPosted on4 March, 2022 Cover picture: Istanbul’s “luggage trade” center Laleli District The fallout of the Russia-Ukraine conflict … Continue ReadingRussia-Ukraine conflict, Fed hike rattling Turkish economy
Categories Business Company & Industry Emerging Markets HIGHLIGHTS MENA faces a crisis as the world’s key wheat producers are at war Cem CetingucPosted on3 March, 2022 The near future looks grim for the countries in the Middle East and North Africa … Continue ReadingMENA faces a crisis as the world’s key wheat producers are at war
Categories Business Company & Industry Economy HIGHLIGHTS Turkey’s manufacturing in February: Slower but steady Cem CetingucPosted on3 March, 20223 March, 2022 Turkey’s factory activity barely grew for a second straight month in February, a survey showed … Continue ReadingTurkey’s manufacturing in February: Slower but steady
Categories Business Economy HIGHLIGHTS Politics Turkish part of Cyprus reels under lira crisis amid stark dependence on Ankara Cem CetingucPosted on3 March, 20223 March, 2022 In the breakaway statelet of northern Cyprus, people are grappling with a perfect economic storm, … Continue ReadingTurkish part of Cyprus reels under lira crisis amid stark dependence on Ankara
Categories Business Company & Industry HIGHLIGHTS Markets Business dropped 50 percent for Turkish brands in Russia Cem CetingucPosted on3 March, 2022 As a result of the Russia-Ukraine war, business in nearly a thousand brands operating in … Continue ReadingBusiness dropped 50 percent for Turkish brands in Russia
Categories Business Company & Industry General Markets Ukraine crisis: Purchase order cancellations reached 200 million dollars in Turkish clothing sector Cem CetingucPosted on2 March, 20222 March, 2022 After Russia’s declaration of war on Ukraine last week, the effects of the economic sanctions … Continue ReadingUkraine crisis: Purchase order cancellations reached 200 million dollars in Turkish clothing sector
Categories Business HIGHLIGHTS Turkish worker strikes hit highest level since 1970s as living costs spiral Atilla YeşiladaPosted on1 March, 2022 Strikes in Turkey have reached a level not seen since the 1970s as workers seek … Continue ReadingTurkish worker strikes hit highest level since 1970s as living costs spiral
Categories Business HYPED Turkey hit from several fronts as Ukraine War escalates Atilla YeşiladaPosted on26 February, 2022 Under the din of jet fighter bombing civilian areas and a massive misdirection campaign staged … Continue ReadingTurkey hit from several fronts as Ukraine War escalates
Categories Business General HIGHLIGHTS Workers across Turkey go on strike as inflation bites Atilla YeşiladaPosted on24 February, 2022 Soaring inflation in Turkey has propelled a wave of strikes unlike any the country has … Continue ReadingWorkers across Turkey go on strike as inflation bites
Categories Business Economy HIGHLIGHTS Erdogan’s refusal to hike interest rates batters Turkey’s economy Atilla YeşiladaPosted on23 February, 2022 Turkey which is battling high inflation and falling currency value has another challenge now: widening … Continue ReadingErdogan’s refusal to hike interest rates batters Turkey’s economy
Categories Business General HIGHLIGHTS Politics Turkey’s Erdogan continues his tour of West Africa for new business opportunities Cem CetingucPosted on22 February, 2022 Turkey’s latest diplomatic drive in Africa continues to Senegal and Guinea-Bissau, after several bilateral cooperation … Continue ReadingTurkey’s Erdogan continues his tour of West Africa for new business opportunities
Categories Business Economy General Europe’s medical tourism shifts to Turkey Cem CetingucPosted on22 February, 202222 February, 2022 urope’s medical tourism is shifting toward Turkey, according to the general manager of an Ankara-based … Continue ReadingEurope’s medical tourism shifts to Turkey
Categories Business HYPED Video Analysis: Turkey’s Economic Crisis Gets Worse: Why They Want Your Gold – TLDR News Atilla YeşiladaPosted on20 February, 2022 Turkey’s Economic Crisis (Playlist): https://youtube.com/playlist?list=PLP… Turkey has been going through a financial crisis for … Continue ReadingVideo Analysis: Turkey’s Economic Crisis Gets Worse: Why They Want Your Gold – TLDR News
Categories Business General HYPED Turkey Could Become the Middle East’s Next Narco-State Atilla YeşiladaPosted on20 February, 2022 The assassination of the Turkish Cypriot casino tycoon Halil Falyali last week was the latest … Continue ReadingTurkey Could Become the Middle East’s Next Narco-State
Categories Business Company & Industry HIGHLIGHTS Gulf countries plan to invest $8 billion in Turkey Cem CetingucPosted on18 February, 2022 Huge Gulf funds are eyeing possible investment opportunities in Turkey, from agriculture to tourism and … Continue ReadingGulf countries plan to invest $8 billion in Turkey
Categories Business Company & Industry HIGHLIGHTS Erdemir: Strong EBITDA, TP up due to stronger steel Cem CetingucPosted on18 February, 2022 Erdemir has released strong 4Q21 IFRS results, with EBITDA almost 30% above consensus estimates. FCFE, … Continue ReadingErdemir: Strong EBITDA, TP up due to stronger steel
Categories Business HIGHLIGHTS Tech Video Commentary: Turkey’s Energy Shortage Reaches Critical Point Atilla YeşiladaPosted on17 February, 202217 February, 2022 Turkey’s Energy Shortage Reaches Critical Point Most Developing Nations, even some Developed ones are experiencing … Continue ReadingVideo Commentary: Turkey’s Energy Shortage Reaches Critical Point
Categories Business Finance HIGHLIGHTS UPDATE (Expensive borrowing): Turkey Treasury raises $3 bn with 5-year sukuk Atilla YeşiladaPosted on17 February, 202220 February, 2022 Turkey’s Ministry of Finance completed a US3 billion dollar-denominated sukuk deal, its first international bond … Continue ReadingUPDATE (Expensive borrowing): Turkey Treasury raises $3 bn with 5-year sukuk