Categories Economy HIGHLIGHTS CBRT Inflation Report, 2022/I: Estimates revised upward, but still seem optimistic Atilla YeşiladaPosted on27 January, 2022 The CBRT increased year-end inflation forecast from 11.8% (forecast range: 9.6-14%) to 23.2% (forecast range: … Continue ReadingCBRT Inflation Report, 2022/I: Estimates revised upward, but still seem optimistic
Categories Economy Ahval News: Turkish economic statistics paint mixed picture after lira’s crash Atilla YeşiladaPosted on26 January, 2022 Turkey’s central bank and statistics agency published data on Tuesday that painted a mixed picture … Continue ReadingAhval News: Turkish economic statistics paint mixed picture after lira’s crash
Categories Economy Emerging Markets HYPED IMF: Faltering global economy faces total pandemic hit of $14 trillion Atilla YeşiladaPosted on25 January, 2022 The global economy has stepped into 2022 in a weaker position than previously expected, held … Continue ReadingIMF: Faltering global economy faces total pandemic hit of $14 trillion
Categories Economy HIGHLIGHTS Politics Erdogan’s approval ratings up, as lira stabilises, yet still below 50 percent Güldem AtabayPosted on21 January, 202221 January, 2022 President Tayyip Erdogan’s approval rating rose 2.1 percentage points in January, a poll by Metropoll … Continue ReadingErdogan’s approval ratings up, as lira stabilises, yet still below 50 percent
Categories Economy HIGHLIGHTS Erdogan pledges to tackle record inflation in Turkey | DW News Güldem AtabayPosted on20 January, 2022 Turkish President Recep Tayyip Erdogan has pledged to bring down Turkey’s soaring inflation. Inflation jumped … Continue ReadingErdogan pledges to tackle record inflation in Turkey | DW News
Categories Economy General HIGHLIGHTS Politics Are Turkey’s efforts to fix the economy working? Cem CetingucPosted on20 January, 2022 Turkey’s government and central bank have taken unconventional steps in recent weeks to prop up … Continue ReadingAre Turkey’s efforts to fix the economy working?
Categories Economy HIGHLIGHTS Politics Meral Akşener condemns economic policies of Turkish government Cem CetingucPosted on20 January, 2022 İYİ (Good) Party leader Meral Akşener on Jan. 19 expressed criticism against the government for its economic … Continue ReadingMeral Akşener condemns economic policies of Turkish government
Categories Economy HIGHLIGHTS Reuters poll: Turkey’s inflation seen dropping to about 27% by end of 2022 Atilla YeşiladaPosted on20 January, 2022 Already rampant inflation in Turkey will rise further in the coming months before declining to … Continue ReadingReuters poll: Turkey’s inflation seen dropping to about 27% by end of 2022
Categories Economy Finance HIGHLIGHTS Turkish bank employees compelled to boost lira-defence scheme Güldem AtabayPosted on19 January, 2022 Turkey’s big state banks have set employee performance targets as they urge clients to convert … Continue ReadingTurkish bank employees compelled to boost lira-defence scheme
Categories Economy HIGHLIGHTS Politics Turkey’s Erdogan Shifts Tone to Signal Slower, Gradual Rate Cuts Güldem AtabayPosted on18 January, 2022 Turkey’s President Recep Tayyip Erdogan said borrowing costs will fall slowly and gradually, pulling back … Continue ReadingTurkey’s Erdogan Shifts Tone to Signal Slower, Gradual Rate Cuts
Categories Economy HIGHLIGHTS Politics Bloomberg: Turkey Can’t Defy the Laws of Economic Gravity Güldem AtabayPosted on18 January, 202218 January, 2022 President Recep Tayyip Erdogan of Turkey has spent much of the past year seeking and failing … Continue ReadingBloomberg: Turkey Can’t Defy the Laws of Economic Gravity
Categories Economy HIGHLIGHTS Crash of Turkey’s lira puts poor on the brink of existence | Focus on Europe-DW News Güldem AtabayPosted on16 January, 2022 Turkey’s economy is currently experiencing a rapid crash. The Turkish lira is losing value almost … Continue ReadingCrash of Turkey’s lira puts poor on the brink of existence | Focus on Europe-DW News
Categories Economy HIGHLIGHTS Politics Halkbank prosecution on hold for appeal from U.S. Supreme Court Güldem AtabayPosted on16 January, 2022 The 2nd U.S. Circuit Court of Appeals in Manhattan put the U.S. government’s prosecution of … Continue ReadingHalkbank prosecution on hold for appeal from U.S. Supreme Court
Categories Economy HIGHLIGHTS Politics 4.3 percent of Turkey’s undecided voters shifted back towards ruling AKP – pollster Güldem AtabayPosted on16 January, 2022 Turkey’s ruling Justice and Development Party (AKP) is recovering part of the vote it lost … Continue Reading4.3 percent of Turkey’s undecided voters shifted back towards ruling AKP – pollster
Categories Economy HIGHLIGHTS Politics Turkish lira holds firm after wild ride; World Bank cuts growth view Cem CetingucPosted on13 January, 2022 Turkey’s lira continued a stable trend on Wednesday, in sharp contrast to a volatile plunge … Continue ReadingTurkish lira holds firm after wild ride; World Bank cuts growth view
Categories Economy General HIGHLIGHTS Politics Erdogan persists on Economic Policy as Turkey’s Inflation Rises, Currency Crashes Cem CetingucPosted on13 January, 202213 January, 2022 Turkey’s economy had a difficult year, with its currency depreciating and inflation skyrocketing. Experts warn … Continue ReadingErdogan persists on Economic Policy as Turkey’s Inflation Rises, Currency Crashes
Categories Economy Finance HIGHLIGHTS Y.F. Macro Focus: CA gave deficit again after 3-month long surpluses Cem CetingucPosted on13 January, 2022 In November , the CA posted a monthly deficit of USD2.7bn (Consensus: USD -2.2bn, YF: … Continue ReadingY.F. Macro Focus: CA gave deficit again after 3-month long surpluses
Categories Economy HIGHLIGHTS Erdogan vows to tame Turkish inflation as scepticism grows Güldem AtabayPosted on12 January, 2022 President Tayyip Erdogan promised on Wednesday to tame Turkey’s surging inflation, which hit 36% last … Continue ReadingErdogan vows to tame Turkish inflation as scepticism grows
Categories Economy HIGHLIGHTS Erdogan Sticks with Economic Policy as Turkey’s Inflation Rises, Currency Sinks Güldem AtabayPosted on12 January, 2022 Turkey’s economy had a difficult year, with its currency depreciating and inflation skyrocketing. Experts warn … Continue ReadingErdogan Sticks with Economic Policy as Turkey’s Inflation Rises, Currency Sinks
Categories Economy General HYPED World Bank concerned global economy faces grim outlook Atilla YeşiladaPosted on12 January, 2022 The global economy faces a “grim outlook”, World Bank president David Malpass has warned, as … Continue ReadingWorld Bank concerned global economy faces grim outlook
