Categories Economy HIGHLIGHTS Politics Turkey says it will do ‘what is necessary’ after Syria attacks Güldem AtabayPosted on13 October, 2021 Foreign Minister Mevlüt Çavuşoğlu said on Oct. 13 Turkey would “do what is necessary for … Continue ReadingTurkey says it will do ‘what is necessary’ after Syria attacks
Categories Economy HIGHLIGHTS Construction cost rising in double digits as house sales are sluggish Güldem AtabayPosted on13 October, 2021 Higher inflation and weaker TL are taking their toll on Turkey’s construction sector. In Turkey, … Continue ReadingConstruction cost rising in double digits as house sales are sluggish
Categories Economy HIGHLIGHTS Reuters: TR braced for cold winter Cem CetingucPosted on13 October, 2021 Turkey’s record demand for natural gas this year is forcing it to step up purchases … Continue ReadingReuters: TR braced for cold winter
Categories Company & Industry Economy Turkish retail sales volume increased by 15.0% Cem CetingucPosted on12 October, 2021 Retail sales volume with constant prices (2015=100) increased by 15.0% in August 2021 compared with … Continue ReadingTurkish retail sales volume increased by 15.0%
Categories Company & Industry Economy Total turnover increased by 48.1% on annual basis in Turkey Cem CetingucPosted on12 October, 2021 Total turnover index (2015=100) including industry, construction, trade, and services sectors increased by 48.1% on … Continue ReadingTotal turnover increased by 48.1% on annual basis in Turkey
Categories Company & Industry Economy Turkish industrial production increased by 13.8% annually Cem CetingucPosted on12 October, 2021 When the subsectors of the industry (based on 2015=100) were examined, mining and quarrying index … Continue ReadingTurkish industrial production increased by 13.8% annually
Categories Economy HIGHLIGHTS Politics Erdoğan seeking Biden meeting at G20 for $6 billion arms deal request Güldem AtabayPosted on11 October, 2021 Turkish President Recep Tayyip Erdoğan wants is looking to use the upcoming G20 summit to … Continue ReadingErdoğan seeking Biden meeting at G20 for $6 billion arms deal request
Categories Economy HIGHLIGHTS Politics Turkey tops global human smuggling, arms trafficking rankings Güldem AtabayPosted on11 October, 2021 Turkey ranked 12th in the Global Organized Crime Index 2021, which was published on September 28 … Continue ReadingTurkey tops global human smuggling, arms trafficking rankings
Categories Economy HIGHLIGHTS Politics Erdoğan signals new operation against YPG in Syria Güldem AtabayPosted on11 October, 2021 Turkish President Recep Tayyip Erdoğan on Oct. 11 signaled a new operation against the People’s … Continue ReadingErdoğan signals new operation against YPG in Syria
Categories Economy Emerging Markets Danske downgrades its 2022 forecasts Atilla YeşiladaPosted on11 October, 2021 Despite skyrocketing food and energy prices, Covid-19 coming back from its presumed demise time after … Continue ReadingDanske downgrades its 2022 forecasts
Categories Economy HIGHLIGHTS Price hikes accelerate in Turkey amid near 20 percent inflation Cem CetingucPosted on11 October, 202111 October, 2021 Annual inflation rose to 19.58 in September from 19.25 per cent in August, according to … Continue ReadingPrice hikes accelerate in Turkey amid near 20 percent inflation
Categories Economy HIGHLIGHTS Politics How Erdogan is destroying Turkish economy ? Atilla YeşiladaPosted on11 October, 2021 Polls herald the end of Erdogan Era in politics. Yet the President … Continue ReadingHow Erdogan is destroying Turkish economy ?
Categories Economy Emerging Markets Reuters FX poll: Higher rates aim to protect EM currencies from Fed taper Cem CetingucPosted on9 October, 20219 October, 2021 The shift in global inflation expectations from transitory to sticky will spare emerging market currencies … Continue ReadingReuters FX poll: Higher rates aim to protect EM currencies from Fed taper
Categories Economy HIGHLIGHTS Politics Biden accuses Turkey of undermining fight against ISIS in Syria Güldem AtabayPosted on8 October, 2021 US President Joe Biden on Thursday accused Turkey for undermining the fight against the Islamic … Continue ReadingBiden accuses Turkey of undermining fight against ISIS in Syria
Categories Economy HIGHLIGHTS Revolving door: Turkey’s last four central bank chiefs Güldem AtabayPosted on8 October, 2021 Turkish President Tayyip Erdogan is losing confidence in Sahap Kavcioglu, his latest appointment as central … Continue ReadingRevolving door: Turkey’s last four central bank chiefs
Categories Economy General EBRD and GEF launch “Regional Circular Economy Initiative” to finance circular economy in Turkey Cem CetingucPosted on8 October, 2021 The European Bank for Reconstruction and Development (EBRD) launched a new programme called the “Regional … Continue ReadingEBRD and GEF launch “Regional Circular Economy Initiative” to finance circular economy in Turkey
Categories Economy Finance HIGHLIGHTS World Bank: Turkish financial stability threatened by interest rate cuts Atilla YeşiladaPosted on8 October, 2021 Turkey is faced with possible financial instability after the central bank cut interest rates to … Continue ReadingWorld Bank: Turkish financial stability threatened by interest rate cuts
Categories Economy HIGHLIGHTS Turkey Governor Says Policy Tight Enough After Surprise Rate Cut Güldem AtabayPosted on7 October, 2021 Turkey’s monetary policy stance remains tight enough even after its unexpected rate cut last month, Central … Continue ReadingTurkey Governor Says Policy Tight Enough After Surprise Rate Cut
Categories Economy Emerging Markets HIGHLIGHTS HYPED Timothy Ash: Why EM worries me Güldem AtabayPosted on7 October, 2021 Just kicking around the EM story but I would argue that the global environment worries … Continue ReadingTimothy Ash: Why EM worries me
Categories Economy Politics Kılıçdaroğlu criticizes economic policy, warns citizens of possible price hikes Cem CetingucPosted on7 October, 20218 October, 2021 The Republican People’s Party (CHP) leader Kemal Kılıçdaroğlu criticized the government for its economic policies and … Continue ReadingKılıçdaroğlu criticizes economic policy, warns citizens of possible price hikes
