Categories General HIGHLIGHTS Russell Napier: Turkey’s economic meltdown threatens stability of Europe Atilla YeşiladaPosted on22 December, 2021 It is time to think about Turkey — the country. It may be a faraway … Continue ReadingRussell Napier: Turkey’s economic meltdown threatens stability of Europe
Categories Finance General HIGHLIGHTS Tim Ash assesses Erdogan’s new-new Economic Model Atilla YeşiladaPosted on21 December, 2021 Utterly insane. 12.30 – 18.30 lira trading range for the day. First, good news … Continue ReadingTim Ash assesses Erdogan’s new-new Economic Model
Categories General HIGHLIGHTS Politics President Erdoğan: “Sooner or later inflation will fall” Cem CetingucPosted on20 December, 202120 December, 2021 President Recep Tayyip Erdoğan vowed on Dec. 19 to rein in inflation and reinstated his … Continue ReadingPresident Erdoğan: “Sooner or later inflation will fall”
Categories General HIGHLIGHTS Politics Deputy Interior Minister: Turkey hosts over 5 million migrants Cem CetingucPosted on20 December, 2021 Turkey hosts over 5 million migrants from 190 different backgrounds, Deputy Interior Minister Ismail Çataklı … Continue ReadingDeputy Interior Minister: Turkey hosts over 5 million migrants
Categories Economy Finance General HIGHLIGHTS Feeding the fire? Turkish restaurants jack up prices to cover wage hike Cem CetingucPosted on20 December, 2021 Restaurants and other businesses in Turkey’s service sector say they will jack up prices next … Continue ReadingFeeding the fire? Turkish restaurants jack up prices to cover wage hike
Categories Business General HYPED Erdogan promises draconian hikes to pensions Atilla YeşiladaPosted on20 December, 2021 Some 13.5 million retirees in Turkey will receive at least 40 percent raise to their … Continue ReadingErdogan promises draconian hikes to pensions
Categories Economy Finance General HIGHLIGHTS Markets Bitcoin skyrockets after Fed’s rate hike signal Cem CetingucPosted on17 December, 2021 Bitcoin jumped in value late Wednesday after the Federal Reserve (Fed) kept the policy rate … Continue ReadingBitcoin skyrockets after Fed’s rate hike signal
Categories Business General HIGHLIGHTS President Erdoğan and Elon Musk chew over investment opportunities Cem CetingucPosted on17 December, 202117 December, 2021 President Recep Tayyip Erdoğan and the founder of Tesla and space entrepreneur Elon Musk held … Continue ReadingPresident Erdoğan and Elon Musk chew over investment opportunities
Categories Economy General HIGHLIGHTS Turkish minimum wage increases 50 percent to TL4,250 Cem CetingucPosted on16 December, 202116 December, 2021 Turkey has increased minimum wage to 4,250 Turkish Liras, President Recep Tayyip Erdoğan announced on Dec. 16. urkey’s … Continue ReadingTurkish minimum wage increases 50 percent to TL4,250
Categories General Aykan Erdemir: Bottom-Up Hope: Local Governments Bolster Religious Pluralism in Turkey Atilla YeşiladaPosted on16 December, 2021 When powerful states and their proxies intensify religious persecution worldwide and democratic governments under a … Continue ReadingAykan Erdemir: Bottom-Up Hope: Local Governments Bolster Religious Pluralism in Turkey
Categories General HIGHLIGHTS Politics Defense Minister Akar: Turks and Kurds are brothers Cem CetingucPosted on15 December, 2021 Defense Minister Hulusi Akar on Dec. 14 emphasized that those who want to cause strife and unrest … Continue ReadingDefense Minister Akar: Turks and Kurds are brothers
Categories Economy Finance General HIGHLIGHTS Politics Turkish minister to stress low rates policy to bankers after Erdoğan talks Güldem AtabayPosted on14 December, 2021 Turkish Treasury and Finance Minister Nureddin Nebati will meet with bankers in the coming days … Continue ReadingTurkish minister to stress low rates policy to bankers after Erdoğan talks
Categories General 28 scammers arrested for mass export fraud in Turkey Cem CetingucPosted on14 December, 2021 Police in Istanbul and six other provinces arrested 28 suspects on Monday in an operation … Continue Reading28 scammers arrested for mass export fraud in Turkey
Categories General HIGHLIGHTS Politics Turkey says Serb move to start quitting Bosnia’s key institutions “dangerous” Cem CetingucPosted on14 December, 2021 A vote by Serb lawmakers to start pulling their autonomous Serb Republic out of Bosnia’s … Continue ReadingTurkey says Serb move to start quitting Bosnia’s key institutions “dangerous”
Categories General HIGHLIGHTS Politics Turkish foreign minister: Turkey and Armenia shows efforts to normalize their ties Cem CetingucPosted on14 December, 202114 December, 2021 Turkey and Armenia will appoint special representatives to discuss steps to normalize their ties, Turkey’s … Continue ReadingTurkish foreign minister: Turkey and Armenia shows efforts to normalize their ties
Categories Economy General HIGHLIGHTS Turkish Lira plummets, brings doom to Northern Syria Cem CetingucPosted on14 December, 2021 Mohammed al-Debek, a schoolteacher in northern Syria, is on strike: the currency devaluation in neighbouring … Continue ReadingTurkish Lira plummets, brings doom to Northern Syria
Categories General Erdogan defines social media as a ‘threat to democracy’ Cem CetingucPosted on14 December, 202114 December, 2021 Turkish President Recep Tayyip Erdogan described social media Saturday as one of the main threats … Continue ReadingErdogan defines social media as a ‘threat to democracy’
Categories Economy General HIGHLIGHTS Macro Snapshot: CBRT Survey of Market Participants Cem CetingucPosted on14 December, 2021 MoM expectations for next 3 months indicates that the monthly CPI data would remarkably above … Continue ReadingMacro Snapshot: CBRT Survey of Market Participants
Categories Economy Finance General HIGHLIGHTS Markets Politics Turkish Central Bank intervenes again as Lira moves past 14 per Dollar; rate cut decision awaited Güldem AtabayPosted on13 December, 2021 Turkey’s lira tumbled past 14 to the dollar to 14.75 for the first time in … Continue ReadingTurkish Central Bank intervenes again as Lira moves past 14 per Dollar; rate cut decision awaited
Categories Economy Finance General HIGHLIGHTS Turkish Finance Minister: Market economy will prevail; “determined to not raise rates” Güldem AtabayPosted on13 December, 2021 Turkey’s new finance minister met with a group of businesspeople over the weekend to assure … Continue ReadingTurkish Finance Minister: Market economy will prevail; “determined to not raise rates”