Categories Economy HIGHLIGHTS Özlem Derici Şengül Turkey’s inflation expectations out of control, TL to depreciate further vs USD Atilla YeşiladaPosted on14 August, 2022 Central Bank survey reveals uncontrolled risies in inflation forecasts … Read More >Turkey’s inflation expectations out of control, TL to depreciate further vs USD
Categories General HIGHLIGHTS Politics July polls reveal opposition inching ahead of AKP-MHP Atilla YeşiladaPosted on14 August, 2022 Turkey’s opposition parties lead in polls with 11 months to go to general elections … Read More >July polls reveal opposition inching ahead of AKP-MHP
Categories Business Finance HIGHLIGHTS Moody’s downgrades Turkey “at midnight hour” Atilla YeşiladaPosted on12 August, 2022 Ratings agency Moody’s on Friday lowered Turkey’s sovereign credit rating by one notch to “B3” … Continue ReadingMoody’s downgrades Turkey “at midnight hour”
Categories Business Economy HIGHLIGHTS COMMENTARY: June data exceeds expectations , but outlook remains dim Atilla YeşiladaPosted on12 August, 202212 August, 2022 After a boom in Q2, economy set to slow in Q3 … Read More >COMMENTARY: June data exceeds expectations , but outlook remains dim
Categories Emerging Markets General HIGHLIGHTS Politics Turkey, Pakistan signs trade agreement worth 5B dollars Cem CetingucPosted on12 August, 2022 Turkey and Pakistan on Friday signed a trade agreement aimed at pushing bilateral trade up … Continue ReadingTurkey, Pakistan signs trade agreement worth 5B dollars
Categories General HIGHLIGHTS HYPED Politics Normalization efforts continue between Turkey and Armenia Cem CetingucPosted on12 August, 202212 August, 2022 As part of the normalization process between Türkiye and Armenia, the officials of the two countries will meet in September … Continue ReadingNormalization efforts continue between Turkey and Armenia
Categories General HIGHLIGHTS HYPED Brown bear high on ‘mad honey’ rescued in Turkey Cem CetingucPosted on12 August, 202212 August, 2022 A disoriented brown bear cub, believed to have become intoxicated after eating an excessive amount … Continue ReadingBrown bear high on ‘mad honey’ rescued in Turkey
Categories Business General HIGHLIGHTS Politics EU on alert: Turkey, Russia agree enhacing economic ties Cem CetingucPosted on12 August, 202212 August, 2022 Russia and Turkey agreed to enhance economic cooperation at a meeting held in the city … Continue ReadingEU on alert: Turkey, Russia agree enhacing economic ties
Categories General HIGHLIGHTS Turkey’s food crisis is the most severe in the Century Atilla YeşiladaPosted on12 August, 2022 A recent survey by municipality-affiliated İstanbul Planning Agency (İPA) reveals how dire Turkey’s food crisis … Continue ReadingTurkey’s food crisis is the most severe in the Century
Categories Economy HIGHLIGHTS C/A deficit rises to UDS33bn in June, may reach USD50bn by end-22 Atilla YeşiladaPosted on12 August, 2022 Turkey’s external deficits are becoming unsustainable … Read More >C/A deficit rises to UDS33bn in June, may reach USD50bn by end-22
Categories Economy General HIGHLIGHTS Turkey’s current account gap widens, with no respite in sight for the lira Güldem AtabayPosted on11 August, 2022 Turkey’s current account deficit widened to $32.4 billion in the first half of the year, Central … Continue ReadingTurkey’s current account gap widens, with no respite in sight for the lira
Categories Business Economy General HIGHLIGHTS Turkish tourism is booming: back to pre-pandemic era Cem CetingucPosted on11 August, 202211 August, 2022 Türkiye’s tourism industry is headed for a good year as revenues nearly tripled in the … Continue ReadingTurkish tourism is booming: back to pre-pandemic era
Categories Economy General HIGHLIGHTS Istanbul, Ankara are on the top ten cheapest cities list Cem CetingucPosted on11 August, 202211 August, 2022 Due to the difference in the exchange rate or the suitability of living and working … Continue ReadingIstanbul, Ankara are on the top ten cheapest cities list
Categories Business Company & Industry HIGHLIGHTS IHC acquires 50 percent stake in Kalyon Enerji Cem CetingucPosted on11 August, 2022 Abu Dhabi’s International Holding Co (IHC.AD) on Thursday said it had acquired a 50% stake in Turkey’s … Continue ReadingIHC acquires 50 percent stake in Kalyon Enerji
Categories Economy HIGHLIGHTS Politics Turkey ‘seeks $20bn deposit from Saudi Arabia’ Güldem AtabayPosted on10 August, 2022 Ankara is looking to receive an initial $10bn deposit in Turkish bonds and accounts following … Continue ReadingTurkey ‘seeks $20bn deposit from Saudi Arabia’
Categories Finance HIGHLIGHTS Politics Opposition leader wows to scratch FX protected deposit scheme Atilla YeşiladaPosted on10 August, 2022 According to our survey of July-August polls, main opposition leader and top presidential hopeful to … Continue ReadingOpposition leader wows to scratch FX protected deposit scheme
Categories Business HIGHLIGHTS Politics Erdogan’s search for election funds get desperate Atilla YeşiladaPosted on10 August, 2022 Way behind in polls, facing a voter revolt on account of uncontrollable inflation and slowing … Continue ReadingErdogan’s search for election funds get desperate
Categories Economy Finance HIGHLIGHTS Turkey Bears Are on Back Foot Amid Global Rebound, Russian Cash Güldem AtabayPosted on9 August, 2022 The return of optimism to global markets is lifting one of its most troubled corners … Continue ReadingTurkey Bears Are on Back Foot Amid Global Rebound, Russian Cash
Categories Economy HIGHLIGHTS Politics Turkish pro-gov’t daily: Erdoğan, Assad might speak on the phone Güldem AtabayPosted on9 August, 2022 Turkish President Recep Tayyip Erdoğan and Syrian President Bashar al-Assad might soon hold a telephone … Continue ReadingTurkish pro-gov’t daily: Erdoğan, Assad might speak on the phone
Categories Business Company & Industry HIGHLIGHTS Murat Yetkin: Putin and Erdoğan’s joined destiny Atilla YeşiladaPosted on9 August, 2022 The joint statement published by President Tayyip Erdoğan and Russian President Tayyip Erdoğan, after the … Continue ReadingMurat Yetkin: Putin and Erdoğan’s joined destiny
