Categories Economy HIGHLIGHTS NY Times: Soaring Energy Bills Deepen Crisis for Turks, and Erdogan Güldem AtabayPosted on21 February, 2022 It began with a few outraged customers posting photographs of their electricity bills to social … Continue ReadingNY Times: Soaring Energy Bills Deepen Crisis for Turks, and Erdogan
Categories Emerging Markets Finance HIGHLIGHTS Macro Thoughts: February 2022 – Shades of 2006-2008? Atilla YeşiladaPosted on20 February, 2022 Similar to what happened in 2006-2008, a compelling investment narrative based on fundamental truths and … Continue ReadingMacro Thoughts: February 2022 – Shades of 2006-2008?
Categories General HIGHLIGHTS Markets Turkey’s residential property sales to foreigners rose drastically in January Cem CetingucPosted on19 February, 2022 Residential property sales to foreign buyers rose by 56.5 percent year on year to 4,186 … Continue ReadingTurkey’s residential property sales to foreigners rose drastically in January
Categories Economy Finance HIGHLIGHTS Markets Two Fed officials back steady rise in interest rates starting in March Cem CetingucPosted on19 February, 2022 Two top Federal Reserve officials said the US central bank should launch a steady string … Continue ReadingTwo Fed officials back steady rise in interest rates starting in March
Categories Economy Finance General HIGHLIGHTS Investors brace for central banks’ retreat from bond markets Cem CetingucPosted on19 February, 2022 The biggest buyers in bond markets are now poised to become sellers, as central banks … Continue ReadingInvestors brace for central banks’ retreat from bond markets
Categories General HIGHLIGHTS Politics Kılıçdaroğlu sketches out new road map for Turkey Cem CetingucPosted on18 February, 2022 The opposition alliance is drawing a new road map for Turkey, with democracy and justice being … Continue ReadingKılıçdaroğlu sketches out new road map for Turkey
Categories Business Company & Industry HIGHLIGHTS Gulf countries plan to invest $8 billion in Turkey Cem CetingucPosted on18 February, 2022 Huge Gulf funds are eyeing possible investment opportunities in Turkey, from agriculture to tourism and … Continue ReadingGulf countries plan to invest $8 billion in Turkey
Categories Business Company & Industry HIGHLIGHTS Erdemir: Strong EBITDA, TP up due to stronger steel Cem CetingucPosted on18 February, 2022 Erdemir has released strong 4Q21 IFRS results, with EBITDA almost 30% above consensus estimates. FCFE, … Continue ReadingErdemir: Strong EBITDA, TP up due to stronger steel
Categories Economy General HIGHLIGHTS Turkish consumer confidence slides as high inflation hits Güldem AtabayPosted on18 February, 2022 Turkey’s official consumer confidence index slid by 2.8% in February compared to the previous month … Continue ReadingTurkish consumer confidence slides as high inflation hits
Categories Business HIGHLIGHTS Tech Video Commentary: Turkey’s Energy Shortage Reaches Critical Point Atilla YeşiladaPosted on17 February, 202217 February, 2022 Turkey’s Energy Shortage Reaches Critical Point Most Developing Nations, even some Developed ones are experiencing … Continue ReadingVideo Commentary: Turkey’s Energy Shortage Reaches Critical Point
Categories Economy Finance HIGHLIGHTS Turkish central bank leaves interest rates unchanged, TL remains vulnerable Güldem AtabayPosted on17 February, 2022 As widely expected, Turkish central bank (CBRT) kept its policy rate unchanged at 14%. The … Continue ReadingTurkish central bank leaves interest rates unchanged, TL remains vulnerable
Categories Business Finance HIGHLIGHTS UPDATE (Expensive borrowing): Turkey Treasury raises $3 bn with 5-year sukuk Atilla YeşiladaPosted on17 February, 202220 February, 2022 Turkey’s Ministry of Finance completed a US3 billion dollar-denominated sukuk deal, its first international bond … Continue ReadingUPDATE (Expensive borrowing): Turkey Treasury raises $3 bn with 5-year sukuk
Categories HIGHLIGHTS HYPED Politics FM Çavuşoğlu: Turkey is ready arrange a meeting between Moscow and Kyiv Cem CetingucPosted on17 February, 2022 Foreign Minister Mevlüt Çauşoğlu on Wednesday held separate phone calls with his Russian and Ukrainian … Continue ReadingFM Çavuşoğlu: Turkey is ready arrange a meeting between Moscow and Kyiv
Categories Company & Industry Economy General HIGHLIGHTS President Erdogan to ease Turkey’s surging energy bills Cem CetingucPosted on17 February, 2022 Turkey’s president announced a set of measures Wednesday that aim to bring relief to households … Continue ReadingPresident Erdogan to ease Turkey’s surging energy bills
Categories Economy HIGHLIGHTS Politics Youth in Turkey report: 73 percent want to live abroad Güldem AtabayPosted on16 February, 2022 Germany-based Konrad-Adenauer-Stiftung (KAS) Association has published its “Turkey Youth 2021 report” in Turkish and German. … Continue ReadingYouth in Turkey report: 73 percent want to live abroad
Categories Finance HIGHLIGHTS Erdoğan-led Turkey Wealth Fund injects 21.8 billion liras into Ziraat Bank Güldem AtabayPosted on16 February, 2022 The capital of Turkey’s Ziraat Bank will be raised to 34.9 billion liras ($2.57 billion) according … Continue ReadingErdoğan-led Turkey Wealth Fund injects 21.8 billion liras into Ziraat Bank
Categories Economy HIGHLIGHTS Turkish private sector’s external debt amounts $169 billion as of end-2021 Güldem AtabayPosted on16 February, 2022 The Turkish private sector’s outstanding foreign loans amounted to $169.4 billion as of the end … Continue ReadingTurkish private sector’s external debt amounts $169 billion as of end-2021
Categories Business General HIGHLIGHTS Politics Turkey, UAE makes trade deal during Erdogan visit Cem CetingucPosted on16 February, 2022 Turkish President Tayyip Erdogan arrived in the United Arab Emirates on Monday as the countries … Continue ReadingTurkey, UAE makes trade deal during Erdogan visit
Categories General HIGHLIGHTS Politics Turkey sending senior officials to Israel ahead of Herzog visit Cem CetingucPosted on16 February, 2022 A team of senior officials from Turkey will travel to Israel ahead of President Isaac … Continue ReadingTurkey sending senior officials to Israel ahead of Herzog visit
Categories Economy HIGHLIGHTS Turkey posts 30 billion lira budget surplus in January as tax revenue jumps on higher inflation Güldem AtabayPosted on15 February, 2022 Turkey reported a budget surplus of 30 billion liras ($2.2 billion) in January as business tax … Continue ReadingTurkey posts 30 billion lira budget surplus in January as tax revenue jumps on higher inflation
