Categories Economy HIGHLIGHTS World Bank: Challenges Weigh on Outlook for Turkish Economy in 2022 Atilla YeşiladaPosted on23 March, 2022 Turkey’s economy is likely to expand at a much slower pace this year as rising … Continue ReadingWorld Bank: Challenges Weigh on Outlook for Turkish Economy in 2022
Categories Economy HIGHLIGHTS Turkey Warns Banks Not to Lend to Firms Trading Liras Offshore Güldem AtabayPosted on22 March, 202222 March, 2022 Turkey’s banking regulator warned lenders not to provide lira liquidity to companies looking to speculate … Continue ReadingTurkey Warns Banks Not to Lend to Firms Trading Liras Offshore
Categories Economy HIGHLIGHTS Junk-Rated Turkey, Nigeria Defy Market Chaos With Debt Sales Güldem AtabayPosted on18 March, 2022 Two junk-rated developing nations sold dollar bonds just as the Federal Reserve started raising interest rates, shrugging … Continue ReadingJunk-Rated Turkey, Nigeria Defy Market Chaos With Debt Sales
Categories Economy Finance HIGHLIGHTS Turkey Central Bank, sorry, Erdogan leaves policy rate unchanged, currency under pressure again Atilla YeşiladaPosted on17 March, 2022 The Central Bank of the Republic of Turkey has decided to hold interest rates at … Continue ReadingTurkey Central Bank, sorry, Erdogan leaves policy rate unchanged, currency under pressure again
Categories Economy HIGHLIGHTS Dr Murat Ucer: Turkish Inflation and the Five Stages of Grief Atilla YeşiladaPosted on16 March, 2022 One of the unwelcome consequences of the stronger than expected post-Covid recovery of the global … Continue ReadingDr Murat Ucer: Turkish Inflation and the Five Stages of Grief
Categories Economy Finance General HIGHLIGHTS Y.F. Macro Focus: CBRT’s advance dividend and reserve funds supported budget Cem CetingucPosted on15 March, 2022 In February, budget gave a surplus of TRY69.7bn (Feb.21: TRY-23.2bn, Jan.22: TRY+30bn). Despite, there was no … Continue ReadingY.F. Macro Focus: CBRT’s advance dividend and reserve funds supported budget
Categories Economy HIGHLIGHTS Turkey’s annual producer inflation in agriculture tops 68 percent Güldem AtabayPosted on15 March, 2022 The Turkish Statistical Institute (TurkStat), the agency responsible for producing official statistics on Turkey, has shared the … Continue ReadingTurkey’s annual producer inflation in agriculture tops 68 percent
Categories Economy HIGHLIGHTS Politics 11 mn people in Turkey qualify for state financial aid up from 4.4 mn in 2020 Güldem AtabayPosted on15 March, 2022 11.37 million people in Turkey, or over 13% of the country’s population, received state financial … Continue Reading11 mn people in Turkey qualify for state financial aid up from 4.4 mn in 2020
Categories Economy HIGHLIGHTS Central Bank of Turkey to stay put in Thursday’s MPC, but rumors suggest rate hike Atilla YeşiladaPosted on15 March, 2022 Turkey’s central bank is expected to hold its policy rate at 14% this week, a … Continue ReadingCentral Bank of Turkey to stay put in Thursday’s MPC, but rumors suggest rate hike
Categories Economy HIGHLIGHTS Treasury reports surplus in February, but how? Atilla YeşiladaPosted on15 March, 2022 Turkey’s government reported a budget surplus for a second consecutive month in February after the … Continue ReadingTreasury reports surplus in February, but how?
Categories Economy HIGHLIGHTS Current account deficit on the rise in Turkey Atilla YeşiladaPosted on12 March, 2022 January balance of payments data published by Central Bank of Turkey suggests that rising energy … Continue ReadingCurrent account deficit on the rise in Turkey
Categories Economy General HIGHLIGHTS Let’s talk macroeconomics—Real Turkey Channel Special Atilla YeşiladaPosted on12 March, 2022 In a special edition of Real Turkey Channel, ParaAnaliz columnist Kaya Özyürek interviews Alfonso … Continue ReadingLet’s talk macroeconomics—Real Turkey Channel Special
Categories Economy General HIGHLIGHTS Macro Snapshot: Labour Force Statistics Cem CetingucPosted on11 March, 202211 March, 2022 Labour force decreased by 22k MoM to 33.8mn and participation rate decreased by 0.1 MoM … Continue ReadingMacro Snapshot: Labour Force Statistics
Categories Economy HIGHLIGHTS Reuters: Fallout of Ukraine war exposes Turkey’s vulnerable economy Atilla YeşiladaPosted on11 March, 2022 Turkey is paying the price of Erdogan’s “heterodox” economic policies, concludes this article by Reuters. … Continue ReadingReuters: Fallout of Ukraine war exposes Turkey’s vulnerable economy
Categories Atilla Yeşilada Business Economy HIGHLIGHTS Ukraine Crisis Could Cost Turkey $30 Billion Atilla YeşiladaPosted on10 March, 2022 Ukraine Crisis Could Cost Turkey $30 Billion Turkey’s leading economist, Mr. Mahfi Eğilmez … Continue ReadingUkraine Crisis Could Cost Turkey $30 Billion
Categories Economy HIGHLIGHTS Politics Israel’s president in Ankara to thaw frosty ties as gas interest grows Güldem AtabayPosted on9 March, 2022 Israeli President Isaac Herzog embarked on March 9 on the first visit by an Israeli … Continue ReadingIsrael’s president in Ankara to thaw frosty ties as gas interest grows
Categories Economy General HIGHLIGHTS Price hikes rain hellfire down on Turkish consumers Cem CetingucPosted on9 March, 2022 Price hikes rain hellfire down on Turkish consumers In his recent statement to the Turkish … Continue ReadingPrice hikes rain hellfire down on Turkish consumers
Categories Economy General HIGHLIGHTS Gold prices surge sharply in Turkish market amid Russian war and inflation concerns Cem CetingucPosted on9 March, 2022 Gold prices have surged sharply in the Turkish market on Tuesday amid the conflict between … Continue ReadingGold prices surge sharply in Turkish market amid Russian war and inflation concerns
Categories Business Company & Industry Economy HIGHLIGHTS Turkey’s trade in counterfeit goods booms as Lira depreciates Cem CetingucPosted on8 March, 2022 Photos of fake Gucci bags, Louis Vuitton sweatpants and Nike sneakers are flaunted on the … Continue ReadingTurkey’s trade in counterfeit goods booms as Lira depreciates
Categories Economy HIGHLIGHTS Politics al Monitor: Biden administration to announce sanctions waivers for Syrian Kurds, Sunni opposition-held areas Güldem AtabayPosted on7 March, 20228 March, 2022 The Biden administration is expected to announce this week that Kurdish and opposition-controlled areas in … Continue Readingal Monitor: Biden administration to announce sanctions waivers for Syrian Kurds, Sunni opposition-held areas