Categories Economy Emerging Markets General Politics U.S. prosecutor in Halkbank sanctions case steps down reminding of Bolton’s claims Editor P.A.Posted on22 June, 202023 June, 2020 Shares in Turkish state lender Halkbank (HALKB.IS) surged 8% on Monday after U.S. federal chief … Continue ReadingU.S. prosecutor in Halkbank sanctions case steps down reminding of Bolton’s claims
Categories Economy Politics AKP’s plans to control Turkey’s Bar Associations bring police against lawyers Editor P.A.Posted on22 June, 202023 June, 2020 Turkish police stopped dozens of senior lawyers marching to the capital Ankara on Monday to … Continue ReadingAKP’s plans to control Turkey’s Bar Associations bring police against lawyers
Categories Economy Emerging Markets Finance This week’s meeting: Turkey’s monetary easing almost coming to an end Güldem AtabayPosted on22 June, 202023 June, 2020 Turkey’s central bank will have its Monetary Policy meeting this week; on Thursday. Without any … Continue ReadingThis week’s meeting: Turkey’s monetary easing almost coming to an end
Categories Economy Emerging Markets Recovery… really? Editor P.A.Posted on22 June, 202023 June, 2020 As per the official data, Turkey’s seasonally adjusted consumer confidence index increased by 3.1 points … Continue ReadingRecovery… really?
Categories Economy Markets IIF: The COVID-19 Shock and Turkey Atilla YeşiladaPosted on20 June, 202022 June, 2020 Turkey has substantially outgrown the rest of EM in the COVID-19 shock. It has also … Continue ReadingIIF: The COVID-19 Shock and Turkey
Categories Economy General Epidemic fuels fear of economic crisis Atilla YeşiladaPosted on18 June, 202019 June, 2020 Despite the efforts and measures for normalization of the economy, citizens began to see Turkey’s … Continue ReadingEpidemic fuels fear of economic crisis
Categories Economy Turkish Minister: Real sector recovery speeding up Atilla YeşiladaPosted on17 June, 202017 June, 2020 Leading sectors like automotive, textile, furniture rejuvenating with confidence in growing economy, says industry minister … Continue ReadingTurkish Minister: Real sector recovery speeding up
Categories Economy Emerging Markets Bloomberg: Turkey is struggling to undo lockdown damage Editor P.A.Posted on16 June, 202018 June, 2020 Once the growth engine of Turkey’s $750 billion economy, consumers are setting their sights lower … Continue ReadingBloomberg: Turkey is struggling to undo lockdown damage
Categories Economy Morgan Stanley: On a delicate balance stands Turkey’s economy Atilla YeşiladaPosted on16 June, 202016 June, 2020 In Morgan Stanley’s Sunday “Mid-Year Global Macro Outlook” report, the investment bank expressed dim prospects … Continue ReadingMorgan Stanley: On a delicate balance stands Turkey’s economy
Categories Economy Turkish consumers slowly regaining confidence, reports BloombergHT survey Atilla YeşiladaPosted on16 June, 202018 June, 2020 Turkey has two consumer confidence indices. The official one is published monthly by data collection … Continue ReadingTurkish consumers slowly regaining confidence, reports BloombergHT survey
Categories Economy Emerging Markets Finance Turkey’s central bank: priority on production and government finances Editor P.A.Posted on16 June, 202018 June, 2020 The central bank of Turkey governor Uysal in his speech at the 12th International Conference … Continue ReadingTurkey’s central bank: priority on production and government finances
Categories Economy Emerging Markets Turkey’s home sales slump again Editor P.A.Posted on15 June, 202017 June, 2020 Sales of homes in Turkey fell sharply for the second consecutive month in May as … Continue ReadingTurkey’s home sales slump again
Categories Economy Emerging Markets Finance Turkey’s dismal fiscal performance that began long before COVID-19 Editor P.A.Posted on15 June, 202017 June, 2020 What goes around comes around to Turkey as well in terms of a rapidly widening … Continue ReadingTurkey’s dismal fiscal performance that began long before COVID-19
Categories Economy Turkey: Contraction in production deepens in April Atilla YeşiladaPosted on15 June, 202017 June, 2020 Cover chart: Industrial Production, April 2020, seasonally adjusted, 3-mth moving average By Ali Batuhan Barlas … Continue ReadingTurkey: Contraction in production deepens in April
Categories Economy Turkey’s old nemesis, current account deficits return with vengeance Atilla YeşiladaPosted on13 June, 202015 June, 2020 In April, the current account deficit (CAD) was reported as $5.1 billion which is approximately … Continue ReadingTurkey’s old nemesis, current account deficits return with vengeance
Categories Economy OECD comes up with two scenarios for Turkey, bad and worse Atilla YeşiladaPosted on12 June, 202014 June, 2020 OECD: Unless there is a 2nd wave of the virus, Turkey will be shrinking 4.8 … Continue ReadingOECD comes up with two scenarios for Turkey, bad and worse
Categories Economy As Covid cases rise, growth forecasts become gloomier Atilla YeşiladaPosted on12 June, 202012 June, 2020 Turkey has managed to stabilize daily Covid-19 cases in high triple-digits, but three members of … Continue ReadingAs Covid cases rise, growth forecasts become gloomier
Categories Economy Emerging Markets General Politics Erdogan rules out early elections; modifies the election code to stop the newfound opposition parties Editor P.A.Posted on11 June, 202014 June, 2020 President Recep Tayyip Erdoğan has ruled out months-long rumors on early elections, saying that all … Continue ReadingErdogan rules out early elections; modifies the election code to stop the newfound opposition parties
Categories Economy Politics Turkey: From Health Crisis to Political Turbulence Atilla YeşiladaPosted on10 June, 202012 June, 2020 Turkey is yet to get over its Covid-19 pandemic, with daily cases rising as quarantines … Continue ReadingTurkey: From Health Crisis to Political Turbulence
Categories Economy ANALYSIS: Turkish foreign trade dynamics Atilla YeşiladaPosted on9 June, 20209 June, 2020 According to Turkish Exporters Assembly (TİM), exports increased by 7.6% to 9 billion dollars in … Continue ReadingANALYSIS: Turkish foreign trade dynamics