Categories Economy HIGHLIGHTS Politics Putin, Erdogan to Discuss Ukraine, Grain on Friday, Kremlin Says Güldem AtabayPosted on2 August, 2022 Russian President Vladimir Putin will meet Turkish leader Recep Tayyip Erdogan for talks Friday including … Continue ReadingPutin, Erdogan to Discuss Ukraine, Grain on Friday, Kremlin Says
Categories Economy HIGHLIGHTS Politics Murat Yetkin: Putin took a hold of Akkuyu NPP before Erdoğan’s visit Güldem AtabayPosted on1 August, 2022 Do you know what would have happened if Russia’s Rosatom, the Akkuyu Nuclear Power Plant’s … Continue ReadingMurat Yetkin: Putin took a hold of Akkuyu NPP before Erdoğan’s visit
Categories Economy HIGHLIGHTS Turkey’s Trade Deficit Almost Triples to $8.2 Billion on Energy Güldem AtabayPosted on29 July, 2022 Turkey’s trade deficit in June almost tripled from last year as the cost of energy … Continue ReadingTurkey’s Trade Deficit Almost Triples to $8.2 Billion on Energy
Categories Economy HIGHLIGHTS Politics Russia Is Wiring Dollars to Turkey for $20 Billion Nuclear Plant Güldem AtabayPosted on29 July, 2022 A Russian state-owned company is transferring money to a subsidiary that’s building a $20 billion … Continue ReadingRussia Is Wiring Dollars to Turkey for $20 Billion Nuclear Plant
Categories Economy Emerging Markets Finance HIGHLIGHTS Turkish lira on slow slide in search of FX relief Güldem AtabayPosted on26 July, 2022 The Turkish lira slipped again on Monday, sustaining a slow slide towards 18 against the … Continue ReadingTurkish lira on slow slide in search of FX relief
Categories Economy HIGHLIGHTS Politics Grain drain: Why Turkey can’t afford to ignore Russian grain smuggling from Ukraine Güldem AtabayPosted on26 July, 2022 The world’s attention turned to Turkey last week as it hosted a signing ceremony of … Continue ReadingGrain drain: Why Turkey can’t afford to ignore Russian grain smuggling from Ukraine
Categories Economy HIGHLIGHTS Politics UN Security Council condemns Zakho attack Güldem AtabayPosted on26 July, 2022 The United Nations Security Council has “strongly condemned” the bombardment of a tourist resort in the Zakho … Continue ReadingUN Security Council condemns Zakho attack
Categories Economy General HIGHLIGHTS HYPED BNP Paribas | Turkish economy: A double edged sword Cem CetingucPosted on23 July, 2022 “Turkey’s economic situation continues to offer a stark contrast, with resilient growth on one hand … Continue ReadingBNP Paribas | Turkish economy: A double edged sword
Categories Economy General HIGHLIGHTS Turkstat: Turkish tourism sector soars in the first quarter Cem CetingucPosted on23 July, 2022 Domestic tourism spending leaped by 100 percent, while the number of travelers rose by 5.6 percent … Continue ReadingTurkstat: Turkish tourism sector soars in the first quarter
Categories Economy Finance HIGHLIGHTS JP Morgan on Turkey: Nothing much to note in the MPC decision Atilla YeşiladaPosted on23 July, 2022 As universally expected, the CBRT kept its key policy rate unchanged at 14.0% and did … Continue ReadingJP Morgan on Turkey: Nothing much to note in the MPC decision
Categories Economy Finance General HIGHLIGHTS Kubilay: As Turkey’s economic woes worsen, a new currency crisis is approaching Cem CetingucPosted on21 July, 2022 Turkey’s economic problems continue to go from bad to worse. Its foreign trade deficit has … Continue ReadingKubilay: As Turkey’s economic woes worsen, a new currency crisis is approaching
Categories Economy Finance General HIGHLIGHTS Macro Snapshot: Consumer Confidence Index, July 2022 Cem CetingucPosted on21 July, 2022 Consumer Confidence Index (CCI) recovered in July. CCI increased by 7.4% to 68 in July … Continue ReadingMacro Snapshot: Consumer Confidence Index, July 2022
Categories Economy HIGHLIGHTS Turkish inflation seen dipping to 70% by year-end Güldem AtabayPosted on20 July, 2022 Turkey’s highest inflation rate in decades is expected to ease somewhat to around 70% by … Continue ReadingTurkish inflation seen dipping to 70% by year-end
Categories Economy HIGHLIGHTS Politics Why the US doesn’t want Turkey to invade Syria Güldem AtabayPosted on19 July, 2022 US officials warned Turkey this week against expanding its so-called buffer zone in northeast Syria, … Continue ReadingWhy the US doesn’t want Turkey to invade Syria
Categories Economy HIGHLIGHTS Politics Turkish public employees burn payrolls in protest of soaring inflation: ‘Poverty cannot be disguised’ Güldem AtabayPosted on18 July, 2022 Turkish public employees affiliated with the union KESK have burned their payrolls in the face … Continue ReadingTurkish public employees burn payrolls in protest of soaring inflation: ‘Poverty cannot be disguised’
Categories Economy Finance General HIGHLIGHTS Politics Fitch warns: Turkey’s economic policy increasing risks to public finances, FX position Güldem AtabayPosted on15 July, 2022 International ratings agency Fitch has warned that the Turkish government’s economic policy prioritizing growth over the … Continue ReadingFitch warns: Turkey’s economic policy increasing risks to public finances, FX position
Categories Economy HIGHLIGHTS Politics US House approves bill restricting F-16 sales to Turkey Güldem AtabayPosted on15 July, 2022 The US House of Representatives has approved a bill that restricts the sale of F-16 … Continue ReadingUS House approves bill restricting F-16 sales to Turkey
Categories Economy HIGHLIGHTS Politics Turkey Gets Landmark $929 Million Deutsche Bank Loan to Buy LNG Güldem AtabayPosted on13 July, 2022 Turkey’s state gas company got a 925 million-euro ($929 million) loan from Deutsche Bank AG to finance … Continue ReadingTurkey Gets Landmark $929 Million Deutsche Bank Loan to Buy LNG
Categories Economy HIGHLIGHTS Politics Ruling AKP to dissolve after elections, says jailed Kurdish politician Demirtaş Güldem AtabayPosted on13 July, 2022 Renowned Kurdish politician Selahattin Demirtaş has penned an opinion piece for Gazete Duvar from Edirne … Continue ReadingRuling AKP to dissolve after elections, says jailed Kurdish politician Demirtaş
Categories Economy HIGHLIGHTS Politics Opinion: Turkey’s economic turmoil and repressive policies Atilla YeşiladaPosted on13 July, 2022 Khursheed Alika, an economic researcher and one of the founders of the Association of Kurdish … Continue ReadingOpinion: Turkey’s economic turmoil and repressive policies