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Category: General

General news from Turkey in English

Turkey seeks to restore ties with Western procurement club
Categories General HIGHLIGHTS Politics

Turkey seeks to restore ties with Western procurement club

Cem CetingucPosted on7 June, 2022

After the controversial, multibillion-dollar purchase of a Russian-made missile defense system, the Turkish government appears … Continue ReadingTurkey seeks to restore ties with Western procurement club

Turkish Water Institute seeks to raise awareness about water efficiency
Categories General HIGHLIGHTS

Turkish Water Institute seeks to raise awareness about water efficiency

Cem CetingucPosted on6 June, 2022

Parched lands replace fertile territory in some places while others are exposed to incessant torrential … Continue ReadingTurkish Water Institute seeks to raise awareness about water efficiency

Banking industry:  FX protected deposit scheme boosts NII
Categories Company & Industry Finance General HIGHLIGHTS

Banking industry: FX protected deposit scheme boosts NII

Cem CetingucPosted on6 June, 20226 June, 2022

45% monthly ROE on lower provisions and OPEX Turkish banking sector’s April net income is … Continue ReadingBanking industry: FX protected deposit scheme boosts NII

Turkey to mass produce laser-guide munition for its drones
Categories Company & Industry General HIGHLIGHTS Markets Tech

Turkey to mass produce laser-guide munition for its drones

Cem CetingucPosted on5 June, 2022

Turkey has started to mass-produce its latest miniature munition developed for unmanned aerial vehicles (UAVs), … Continue ReadingTurkey to mass produce laser-guide munition for its drones

Turkey to launch new operations against the YPG in Syrian border: Erdogan
Categories General HIGHLIGHTS Politics

Turkey to launch new operations against the YPG in Syrian border: Erdogan

Cem CetingucPosted on5 June, 2022

Turkey will address its security concerns in northern Syria with new operations against the YPG group, Turkish President Recep Tayyip Erdoğan … Continue ReadingTurkey to launch new operations against the YPG in Syrian border: Erdogan

CHP leader pledges to end poverty in Turkey
Categories Economy General HIGHLIGHTS Politics

CHP leader pledges to end poverty in Turkey

Cem CetingucPosted on3 June, 2022

The main opposition Republican People’s Party (CHP) leader said he would end the “poverty” in Turkey … Continue ReadingCHP leader pledges to end poverty in Turkey

Russia urges Turkey to hold back from launching operation in Northern Syria
Categories General HIGHLIGHTS HYPED Politics

Russia urges Turkey to hold back from launching operation in Northern Syria

Cem CetingucPosted on3 June, 20223 June, 2022

Russia urged Turkey to “refrain” from launching an offensive operation in Northern Syria to avoid … Continue ReadingRussia urges Turkey to hold back from launching operation in Northern Syria

Ukraine’s grain stolen by Russia heads out to Turkey: Kyiv ambassador
Categories General HIGHLIGHTS HYPED Politics

Ukraine’s grain stolen by Russia heads out to Turkey: Kyiv ambassador

Cem CetingucPosted on3 June, 2022

Kyiv’s ambassador to Ankara said on Friday Turkish buyers were among those receiving grain that … Continue ReadingUkraine’s grain stolen by Russia heads out to Turkey: Kyiv ambassador

Turkey’s inflation reaches 73.5 percent in May
Categories Economy General HIGHLIGHTS

Turkey’s inflation reaches 73.5 percent in May

Cem CetingucPosted on3 June, 20223 June, 2022

Turkey’s annual inflation rate rose at a lower-than-expected pace in May but still jumped to … Continue ReadingTurkey’s inflation reaches 73.5 percent in May

FM Çavuşoğlu calls Sweden, Finland to settle Turkey’s security concerns
Categories General HIGHLIGHTS Politics

FM Çavuşoğlu calls Sweden, Finland to settle Turkey’s security concerns

Cem CetingucPosted on3 June, 2022

Foreign Minister Mevlüt Çavuşoğlu said if Sweden and Finland want to be NATO members, they should understand … Continue ReadingFM Çavuşoğlu calls Sweden, Finland to settle Turkey’s security concerns

Marc Pierini:  Turkey in NATO: Disruption as a Policy
Categories General HYPED

Marc Pierini:  Turkey in NATO: Disruption as a Policy

Atilla YeşiladaPosted on2 June, 2022

Turkey has issues with Finland’s and Sweden’s accession to the alliance, due to Stockholm cozying … Continue ReadingMarc Pierini:  Turkey in NATO: Disruption as a Policy

Macro Snapshot: Manufacturing PMI remained stable at 49.2 in May
Categories Economy Finance General HIGHLIGHTS

Macro Snapshot: Manufacturing PMI remained stable at 49.2 in May

Cem CetingucPosted on2 June, 2022

Manufacturing PMI remained stable at 49.2 in May and continued to stay at the contractionary … Continue ReadingMacro Snapshot: Manufacturing PMI remained stable at 49.2 in May

Hundreds protest against anti-femicide group shut down attempt
Categories General HIGHLIGHTS HYPED Politics

Hundreds protest against anti-femicide group shut down attempt

Cem CetingucPosted on2 June, 20222 June, 2022

Several hundred women protested outside an Istanbul court on Wednesday ahead of a hearing to … Continue ReadingHundreds protest against anti-femicide group shut down attempt

Turkey raises natural gas and power prices amid ‘perfect eceonomic storm’
Categories Company & Industry Economy General HIGHLIGHTS

Turkey raises natural gas and power prices amid ‘perfect eceonomic storm’

Cem CetingucPosted on2 June, 2022

Turkey raised natural gas and power prices on Wednesday and its energy importer blamed a … Continue ReadingTurkey raises natural gas and power prices amid ‘perfect eceonomic storm’

Greek armed forces are on high alert over tentions with Turkey
Categories General HIGHLIGHTS HYPED Politics

Greek armed forces are on high alert over tentions with Turkey

Cem CetingucPosted on2 June, 2022

Greece’s armed forces are on high alert in the Eastern Aegean Sea as tensions escalate … Continue ReadingGreek armed forces are on high alert over tentions with Turkey

Turkey eases pandemic restrictions for foreign visitors
Categories Business Economy General HIGHLIGHTS HYPED

Turkey eases pandemic restrictions for foreign visitors

Cem CetingucPosted on1 June, 2022

The Interior Ministry announced that polymerase chain reaction (PCR) tests would not be asked from visitors arriving … Continue ReadingTurkey eases pandemic restrictions for foreign visitors

Turkey submits ‘Schengen System abuse’ report to PACE
Categories General HIGHLIGHTS Politics

Turkey submits ‘Schengen System abuse’ report to PACE

Cem CetingucPosted on1 June, 2022

Turkey is prepared to submit a report titled “The Abuse of the Schengen System as a Political Sanction … Continue ReadingTurkey submits ‘Schengen System abuse’ report to PACE

Tupras | Upgrade to Buy: Weaker TRY shifts balance of risk
Categories Business Company & Industry General HIGHLIGHTS

Tupras | Upgrade to Buy: Weaker TRY shifts balance of risk

Cem CetingucPosted on1 June, 20221 June, 2022

Exceptionally strong refining margins… Tupras continues to enjoy exceptionally strong refining margins on the back … Continue ReadingTupras | Upgrade to Buy: Weaker TRY shifts balance of risk

Macro View: Economic activity remains buoyant with pulled-forward domestic demand
Categories Economy Finance General HIGHLIGHTS

Macro View: Economic activity remains buoyant with pulled-forward domestic demand

Cem CetingucPosted on1 June, 2022

1Q22 GDP growth reaches 7.3%, in line with expectations. TurkStat announced that 1Q22 GDP growth reached … Continue ReadingMacro View: Economic activity remains buoyant with pulled-forward domestic demand

Nordics must change laws to meet Turkey’s NATO demands: Minister
Categories General HIGHLIGHTS Politics

Nordics must change laws to meet Turkey’s NATO demands: Minister

Cem CetingucPosted on31 May, 2022

Finland and Sweden should change their laws if needed to meet Turkey’s demands and win … Continue ReadingNordics must change laws to meet Turkey’s NATO demands: Minister

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