Categories Finance HIGHLIGHTS The world’s eighth wonder: Turkish Lira Atilla YeşiladaPosted on27 January, 2022 Turkey’s once-sickly currency, the Turkish Lira has weathered the Fed storm, higher oil prices (Turkey … Continue ReadingThe world’s eighth wonder: Turkish Lira
Categories Economy HIGHLIGHTS CBRT Inflation Report, 2022/I: Estimates revised upward, but still seem optimistic Atilla YeşiladaPosted on27 January, 2022 The CBRT increased year-end inflation forecast from 11.8% (forecast range: 9.6-14%) to 23.2% (forecast range: … Continue ReadingCBRT Inflation Report, 2022/I: Estimates revised upward, but still seem optimistic
Categories Emerging Markets HIGHLIGHTS Will Emerging Economies Face a Hard Landing? Atilla YeşiladaPosted on27 January, 2022 Editor’s Note: On Wednesday night, Fed chair Powell forcefully signaled that monetary tightening will proceed … Continue ReadingWill Emerging Economies Face a Hard Landing?
Categories Business HIGHLIGHTS CYRIL WIDDERSHOVEN: Turkey Sees Energy Crisis Worsen Amid Russia-Ukraine Tensions Atilla YeşiladaPosted on26 January, 2022 Turkey’s goal to become an energy hub seems to be further away than ever before, … Continue ReadingCYRIL WIDDERSHOVEN: Turkey Sees Energy Crisis Worsen Amid Russia-Ukraine Tensions
Categories Emerging Markets General HIGHLIGHTS Russia Ukraine Conflict: Turkey Is Collateral Damage Atilla YeşiladaPosted on25 January, 2022 Russia Ukraine Conflict: Turkey Is Collateral Damage This broadcast is NOT a commentary … Continue ReadingRussia Ukraine Conflict: Turkey Is Collateral Damage
Categories Business Company & Industry HIGHLIGHTS $2 billion investment is on it’s way from Turkish Auto parts industry Cem CetingucPosted on25 January, 2022 Turkey’s automotive parts supplier companies plan to undertake investments worth $2 billion this year, up from … Continue Reading$2 billion investment is on it’s way from Turkish Auto parts industry
Categories Company & Industry General HIGHLIGHTS Turkey faces Power Outages never seen before as Iran Halts Gas Flows Cem CetingucPosted on25 January, 202225 January, 2022 Turkey is undergoing massive power cuts to industrial customers this week at an unprecedented level … Continue ReadingTurkey faces Power Outages never seen before as Iran Halts Gas Flows
Categories General HIGHLIGHTS Politics Business Insider: How NATO’s most troublesome member became frenemies with Russia, and why it might not last Atilla YeşiladaPosted on25 January, 2022 Of the 30 countries in NATO, none have caused the alliance more recent headaches than … Continue ReadingBusiness Insider: How NATO’s most troublesome member became frenemies with Russia, and why it might not last
Categories HIGHLIGHTS Politics EU Ambassadors to the opposition leader: How? By Murat Yetkin Atilla YeşiladaPosted on24 January, 2022 “Can I ask you a question,” the main opposition Republican People’s Party (CHP) Kemal Kılıçdaroğlu … Continue ReadingEU Ambassadors to the opposition leader: How? By Murat Yetkin
Categories Business HIGHLIGHTS Markets 2022 Strategy Report: Policy Normalization in the Global Economy, Heterodox Policies in the Turkish Economy Atilla YeşiladaPosted on24 January, 2022 The World economy is shifting to policy normalization after the ultra-loose policy setting of the … Continue Reading2022 Strategy Report: Policy Normalization in the Global Economy, Heterodox Policies in the Turkish Economy
Categories Emerging Markets HIGHLIGHTS Patrick Curran: EM central banks still ahead of the curve but vulnerable Atilla YeşiladaPosted on24 January, 2022 US CPI rose from 6.8% to 7% yoy in December (in line with expectations), and … Continue ReadingPatrick Curran: EM central banks still ahead of the curve but vulnerable
Categories HIGHLIGHTS Politics Al-Monitor: Can Israeli gas bridge Turkey-Israel rift? Güldem AtabayPosted on24 January, 2022 Turkish President Recep Tayyip Erdogan has raised the prospect of normalizing ties with Israel, saying … Continue ReadingAl-Monitor: Can Israeli gas bridge Turkey-Israel rift?
Categories General HIGHLIGHTS Tech MEE: Poisonous moonshine flows amid alcohol tax hikes Atilla YeşiladaPosted on24 January, 2022 The Turkish government’s decision to impose ever-higher taxes on alcoholic beverages is leading to a … Continue ReadingMEE: Poisonous moonshine flows amid alcohol tax hikes
Categories Business General HIGHLIGHTS Economy Czar Nebati makes headlines with new bloopers Atilla YeşiladaPosted on23 January, 2022 Turkish Finance Minister Nureddin Nebati told economists he expects the inflation rate to peak at … Continue ReadingEconomy Czar Nebati makes headlines with new bloopers
Categories General HIGHLIGHTS The Guardian: Prominent journalist detained for insulting president Erdogan Atilla YeşiladaPosted on23 January, 2022 A prominent Turkish TV journalist has been detained and could face imprisonment after being charged … Continue ReadingThe Guardian: Prominent journalist detained for insulting president Erdogan
Categories Business Company & Industry Finance HIGHLIGHTS Turkish Airlines: Cargo and FX remain near-term drivers Cem CetingucPosted on21 January, 2022 Cargo-driven FY21 sets a high base for FY22e profits. With revised forecasts in this note, … Continue ReadingTurkish Airlines: Cargo and FX remain near-term drivers
Categories Economy HIGHLIGHTS Politics Erdogan’s approval ratings up, as lira stabilises, yet still below 50 percent Güldem AtabayPosted on21 January, 202221 January, 2022 President Tayyip Erdogan’s approval rating rose 2.1 percentage points in January, a poll by Metropoll … Continue ReadingErdogan’s approval ratings up, as lira stabilises, yet still below 50 percent
Categories Business HIGHLIGHTS Government adding capital to state lenders, again Atilla YeşiladaPosted on21 January, 2022 Turkey plans to inject 51.5 billion liras ($3.8 billion) into state banks to ensure they … Continue ReadingGovernment adding capital to state lenders, again
Categories Economy HIGHLIGHTS Erdogan pledges to tackle record inflation in Turkey | DW News Güldem AtabayPosted on20 January, 2022 Turkish President Recep Tayyip Erdogan has pledged to bring down Turkey’s soaring inflation. Inflation jumped … Continue ReadingErdogan pledges to tackle record inflation in Turkey | DW News
Categories Business Company & Industry HIGHLIGHTS Markets EBRD, FMO lends 80 million dollars to Borusan Energy Cem CetingucPosted on20 January, 202220 January, 2022 The European Bank for Reconstruction and Development (EBRD) said on Wednesday that together with the … Continue ReadingEBRD, FMO lends 80 million dollars to Borusan Energy
