Categories Economy Emerging Markets HIGHLIGHTS Turkish inflation seen accelerating to 16.9 percent in June Güldem AtabayPosted on30 June, 2021 Turkey’s consumer price inflation rate may climb to 16.9 percent in June according to FOREKS, citing … Continue ReadingTurkish inflation seen accelerating to 16.9 percent in June
Categories Economy Finance General HIGHLIGHTS Turkey extends amnesty on wealth repatriation Güldem AtabayPosted on30 June, 2021 Turkey’s government extended an amnesty on the free entry into the country of assets including … Continue ReadingTurkey extends amnesty on wealth repatriation
Categories Economy General HIGHLIGHTS Turkey establishes price stability committee to help tackle inflation Güldem AtabayPosted on30 June, 2021 Turkey’s government established a price stability committee aimed at bringing down double-digit inflation. The formation … Continue ReadingTurkey establishes price stability committee to help tackle inflation
Categories Economy HIGHLIGHTS May trade deficit up a staggering 20 percent and… Güldem AtabayPosted on30 June, 2021 May trade deficit up a staggering 20 percent Turkey’s foreign trade deficit widened by an … Continue ReadingMay trade deficit up a staggering 20 percent and…
Categories Economy Finance General HIGHLIGHTS Turkish central bank may revert to Albayrak-style policy to boost lira deposits Güldem AtabayPosted on24 June, 2021 Turkey’s central bank may introduce unorthodox measures to encourage Turks to deposit cash in liras … Continue ReadingTurkish central bank may revert to Albayrak-style policy to boost lira deposits
Categories Business Economy General HIGHLIGHTS Politics ECFR: How the European Green Deal can save the EU’s relationship with Turkey Güldem AtabayPosted on24 June, 2021 Europeans know that the EU needs to create a new paradigm in its relationship with … Continue ReadingECFR: How the European Green Deal can save the EU’s relationship with Turkey
Categories Economy Finance HIGHLIGHTS Politics Mobster videos renew scrutiny on Turkey’s wealth amnesty law Güldem AtabayPosted on24 June, 2021 YouTube videos of convicted Turkish mob boss Sedat Peker accusing government officials of corruption and … Continue ReadingMobster videos renew scrutiny on Turkey’s wealth amnesty law
Categories Economy HIGHLIGHTS Politics Swap deal with Azerbaijan next; Reuters cliams Güldem AtabayPosted on23 June, 2021 Turkish central bank governor Kavcioglu pledged to senior members of the Banks’ Association of Turkey on Tuesday to … Continue ReadingSwap deal with Azerbaijan next; Reuters cliams
Categories Economy HIGHLIGHTS Fitch: Turkish Corporates Take Steps to Address FX Mismatches Güldem AtabayPosted on22 June, 2021 Turkish companies have reduced the proportion of their debt denominated in foreign currencies and are … Continue ReadingFitch: Turkish Corporates Take Steps to Address FX Mismatches
Categories Economy Finance General HIGHLIGHTS Politics US seeks seizure of shady tycoon’s assets in Turkey Güldem AtabayPosted on21 June, 2021 The United States seeks the seizure of shady Turkish businessman Sezgin Baran Korkmaz’s assets as … Continue ReadingUS seeks seizure of shady tycoon’s assets in Turkey
Categories Economy General Politics Turkish court accepts indictment seeking ban of pro-Kurdish HDP Güldem AtabayPosted on21 June, 2021 Turkish Constitutional Court on June 21 accepted an indictment filed by a senior prosecutor seeking … Continue ReadingTurkish court accepts indictment seeking ban of pro-Kurdish HDP
Categories Economy HIGHLIGHTS Turkey Holds Rates as Weak Lira Clouds Inflation Outlook Güldem AtabayPosted on17 June, 2021 Turkey’s central bank kept interest rates unchanged for a third month on Thursday, but adopted … Continue ReadingTurkey Holds Rates as Weak Lira Clouds Inflation Outlook
Categories Economy General Residential Property Price Index (RPPI) increased 32.4 percent in nominal terms Cem CetingucPosted on17 June, 202117 June, 2021 In April 2021, RPPI increased monthly by 2.0 percent, recorded an annual increase of 32.4 … Continue ReadingResidential Property Price Index (RPPI) increased 32.4 percent in nominal terms
Categories Economy General HIGHLIGHTS Politics Turkish-Russian Relations: A Puzzle that Shakes the Middle East* Güldem AtabayPosted on16 June, 2021 As Russia and Turkey celebrate the 100-year anniversary of the signature of the treaty of … Continue ReadingTurkish-Russian Relations: A Puzzle that Shakes the Middle East*
Categories Economy General HIGHLIGHTS Politics Tim Ash: Putin/Biden summit – attempting to move on from Fight Club rules Güldem AtabayPosted on16 June, 2021 Hard to see this as a game changing summit. Both have a strong interest to … Continue ReadingTim Ash: Putin/Biden summit – attempting to move on from Fight Club rules
Categories Business Economy General CBRT and China expand swap agreement Cem CetingucPosted on16 June, 2021 The Turkish Central Bank (CBRT) and People’s Bank of China (PBOC) expanded their swap agreement, which was signed in May 2019, … Continue ReadingCBRT and China expand swap agreement
Categories Economy HIGHLIGHTS Politics Turkey’s Halkbank Jumps Amid Speculation on U.S. Court Case Güldem AtabayPosted on15 June, 2021 Halkbank shares jump as much as 7.9% and trade 6.1% higher as of 5:32pm in … Continue ReadingTurkey’s Halkbank Jumps Amid Speculation on U.S. Court Case
Categories Economy HIGHLIGHTS TURKSTAT: The richest 10 percent have income 14.6 times higher than the poorest 10 percent! Güldem AtabayPosted on15 June, 2021 According to TURKSTAT, the income of the richest 10% of the population is 14.6 times … Continue ReadingTURKSTAT: The richest 10 percent have income 14.6 times higher than the poorest 10 percent!
Categories Economy HIGHLIGHTS May 2021 fiscal performance: Deferred taxes in the pandemic help this year Güldem AtabayPosted on15 June, 2021 According to the Ministry of Treasury and Finance, the central government budget posted a deficit … Continue ReadingMay 2021 fiscal performance: Deferred taxes in the pandemic help this year
Categories Economy HIGHLIGHTS Politics Murat Yetkin: Erdoğan, Biden talk Afghanistan, S400s at 1st meeting Güldem AtabayPosted on14 June, 2021 The long-awaited first meeting between President Recep Tayyip Erdoğan and U.S. President Joe Biden as … Continue ReadingMurat Yetkin: Erdoğan, Biden talk Afghanistan, S400s at 1st meeting
