Categories Business Economy HIGHLIGHTS COMMENTARY: June data exceeds expectations , but outlook remains dim Atilla YeşiladaPosted on12 August, 202212 August, 2022 After a boom in Q2, economy set to slow in Q3 … Read More >COMMENTARY: June data exceeds expectations , but outlook remains dim
Categories Economy HIGHLIGHTS C/A deficit rises to UDS33bn in June, may reach USD50bn by end-22 Atilla YeşiladaPosted on12 August, 2022 Turkey’s external deficits are becoming unsustainable … Read More >C/A deficit rises to UDS33bn in June, may reach USD50bn by end-22
Categories Economy General HIGHLIGHTS Turkey’s current account gap widens, with no respite in sight for the lira Güldem AtabayPosted on11 August, 2022 Turkey’s current account deficit widened to $32.4 billion in the first half of the year, Central … Continue ReadingTurkey’s current account gap widens, with no respite in sight for the lira
Categories Business Economy General HIGHLIGHTS Turkish tourism is booming: back to pre-pandemic era Cem CetingucPosted on11 August, 202211 August, 2022 Türkiye’s tourism industry is headed for a good year as revenues nearly tripled in the … Continue ReadingTurkish tourism is booming: back to pre-pandemic era
Categories Economy General HIGHLIGHTS Istanbul, Ankara are on the top ten cheapest cities list Cem CetingucPosted on11 August, 202211 August, 2022 Due to the difference in the exchange rate or the suitability of living and working … Continue ReadingIstanbul, Ankara are on the top ten cheapest cities list
Categories Economy HIGHLIGHTS Politics Turkey ‘seeks $20bn deposit from Saudi Arabia’ Güldem AtabayPosted on10 August, 2022 Ankara is looking to receive an initial $10bn deposit in Turkish bonds and accounts following … Continue ReadingTurkey ‘seeks $20bn deposit from Saudi Arabia’
Categories Economy Finance HIGHLIGHTS Turkey Bears Are on Back Foot Amid Global Rebound, Russian Cash Güldem AtabayPosted on9 August, 2022 The return of optimism to global markets is lifting one of its most troubled corners … Continue ReadingTurkey Bears Are on Back Foot Amid Global Rebound, Russian Cash
Categories Economy HIGHLIGHTS Politics Turkish pro-gov’t daily: Erdoğan, Assad might speak on the phone Güldem AtabayPosted on9 August, 2022 Turkish President Recep Tayyip Erdoğan and Syrian President Bashar al-Assad might soon hold a telephone … Continue ReadingTurkish pro-gov’t daily: Erdoğan, Assad might speak on the phone
Categories Economy General HIGHLIGHTS Turkey gets closer to collapse as inflation hits 25yr high Cem CetingucPosted on9 August, 2022
Categories Business Economy General HIGHLIGHTS Turkey’s Inflation is Wild, but economy is booming Cem CetingucPosted on9 August, 2022
Categories Atilla Yeşilada Economy HIGHLIGHTS OPINION: Turkish Economy Won’t Survive The Winter Atilla YeşiladaPosted on9 August, 2022 The latest CPI print came out at 80%, with the consensus expecting even higher figures … Continue ReadingOPINION: Turkish Economy Won’t Survive The Winter
Categories Economy HIGHLIGHTS Politics Erdogan Gets a Timely Boost From Putin Güldem AtabayPosted on8 August, 2022 Recep Tayyip Erdogan is getting a boost from Russia’s Vladimir Putin at a crucial time … Continue ReadingErdogan Gets a Timely Boost From Putin
Categories Economy HIGHLIGHTS ICI Turkey Exports Climate Index: Drops to 50,0 benchmark ending 17-month long recovery Güldem AtabayPosted on8 August, 2022 Turkish manufacturers saw no change to their export climate during July, thereby ending a 17-month … Continue ReadingICI Turkey Exports Climate Index: Drops to 50,0 benchmark ending 17-month long recovery
Categories Company & Industry Economy General HIGHLIGHTS Lessons from Turkey’s careless attempt to restrict crypto Cem CetingucPosted on8 August, 2022 The Turkish government’s ambitious plan to restrict the use of cryptocurrencies to protect the local … Continue ReadingLessons from Turkey’s careless attempt to restrict crypto
Categories Business Company & Industry Economy General HIGHLIGHTS Turkish exporters to revise year-end targets amid inflationary pressure Cem CetingucPosted on8 August, 2022 Turkish exporters are revising down year-end targets in a move that could derail the government’s … Continue ReadingTurkish exporters to revise year-end targets amid inflationary pressure
Categories Economy HIGHLIGHTS Politics Erdoğan the Diplomat? Güldem AtabayPosted on8 August, 2022 Few leaders have managed to use today’s geopolitical tensions to their advantage as effectively as … Continue ReadingErdoğan the Diplomat?
Categories Economy General HIGHLIGHTS Markets Russia can not find a way around economic oblivion Cem CetingucPosted on5 August, 2022 Over the past six months, Russia has fortified its economic defenses after Western countries pummeled … Continue ReadingRussia can not find a way around economic oblivion
Categories Economy HYPED JP Morgan: Turkish inflation stays under the 80% mark! Atilla YeşiladaPosted on5 August, 2022 For what it’s worth, Turkish CPI surprised marginally to the down side, rising 2.4%m/m in … Continue ReadingJP Morgan: Turkish inflation stays under the 80% mark!
Categories Economy HIGHLIGHTS Turkish Hyperinflation Already Here for Citigroup, Vodafone Güldem AtabayPosted on4 August, 2022 Hyperinflation has arrived in Turkey for foreign businesses with operations in the country — at … Continue ReadingTurkish Hyperinflation Already Here for Citigroup, Vodafone
Categories Company & Industry Economy General HIGHLIGHTS Reuters: Turkey’s tourism revenues triple despite many Turks stay home Cem CetingucPosted on4 August, 2022 Turkey’s tourism revenues nearly tripled in the second quarter while first-half foreign visitor numbers surged … Continue ReadingReuters: Turkey’s tourism revenues triple despite many Turks stay home