Categories Economy HIGHLIGHTS Turkey’s economy seen regaining pace, expanding 4.8 percent in 2021 Güldem AtabayPosted on14 April, 2021 Turkey’s economy will grow 4.8% in 2021, rebounding strongly from a slump brought on by … Continue ReadingTurkey’s economy seen regaining pace, expanding 4.8 percent in 2021
Categories HIGHLIGHTS Politics Kavala, Demirtas and now Altan: ECHR rules Turkish writer Altan’s rights were violated Güldem AtabayPosted on13 April, 2021 Europe’s top human rights court ruled on Tuesday that the right to liberty and freedom … Continue ReadingKavala, Demirtas and now Altan: ECHR rules Turkish writer Altan’s rights were violated
Categories Economy Finance General HIGHLIGHTS Turkey’s Halkbank urges end of U.S. prosecution alleging Iran sanctions violations Güldem AtabayPosted on13 April, 2021 A lawyer for Halkbank told a U.S. appeals court on Monday that the state-owned Turkish … Continue ReadingTurkey’s Halkbank urges end of U.S. prosecution alleging Iran sanctions violations
Categories Economy General HIGHLIGHTS Citi cuts Turkey growth forecast to 3.4%, sees no case for rate cuts Güldem AtabayPosted on13 April, 2021 Citi cut its 2021 economic growth estimate for Turkey on Tuesday to 3.4% from 4%, … Continue ReadingCiti cuts Turkey growth forecast to 3.4%, sees no case for rate cuts
Categories Economy Emerging Markets HIGHLIGHTS JPMorgan downgrades emerging market currencies to ‘underweight’ Güldem AtabayPosted on13 April, 2021 Investment bank JPMorgan recommended selling emerging market currencies on Tuesday, completing a 180-degree pivot from … Continue ReadingJPMorgan downgrades emerging market currencies to ‘underweight’
Categories General HIGHLIGHTS OPINION: Erdogan abandons Turkey to the ravages of Covid-19 Atilla YeşiladaPosted on13 April, 2021 With 59,187 news cases and 273 deaths today, Turkey is on her way to catch … Continue ReadingOPINION: Erdogan abandons Turkey to the ravages of Covid-19
Categories Economy HIGHLIGHTS Politics Canada cancels export permits for drone technology to Turkey over use in Nagorno-Karabakh Güldem AtabayPosted on12 April, 2021 Canadian Minister of Foreign Affairs Marc Garneau has announced a permit cancellation for weaponry to … Continue ReadingCanada cancels export permits for drone technology to Turkey over use in Nagorno-Karabakh
Categories General HIGHLIGHTS Politics Turkish Medical Association: Hospitals full of Covid patients, new services not enough Güldem AtabayPosted on12 April, 2021 The new Covid-19 services set up at hospitals in the face of the third peak … Continue ReadingTurkish Medical Association: Hospitals full of Covid patients, new services not enough
Categories Economy HIGHLIGHTS Turkey current account gap widens, pushing 12-month deficit to 5.3 percent of GDP Güldem AtabayPosted on12 April, 2021 Turkey’s current account deficit (CAD) grew by 89 percent in February from a year ago, … Continue ReadingTurkey current account gap widens, pushing 12-month deficit to 5.3 percent of GDP
Categories Economy HIGHLIGHTS Turkish central bank to keep policy rate at 19% this week Güldem AtabayPosted on12 April, 2021 The Turkish lira weakened on Monday as investor concerns grew over deteriorating economic conditions in … Continue ReadingTurkish central bank to keep policy rate at 19% this week
Categories Economy General HIGHLIGHTS Growing support for Istanbul Convention, declining votes for Erdoğan Güldem AtabayPosted on12 April, 202112 April, 2021 The Operational Social Research Center has shared the findings of its March 2021 public opinion … Continue ReadingGrowing support for Istanbul Convention, declining votes for Erdoğan
Categories Economy General HIGHLIGHTS Growth hopes: Gone with the Covid Atilla YeşiladaPosted on12 April, 2021 Turkey’s daily coronavirus infection numbers have soared above 50,000 and President Tayyip Erdogan is likely … Continue ReadingGrowth hopes: Gone with the Covid
Categories General HIGHLIGHTS Turkey–West Relations: The Politics of Intra-alliance Opposition (Prof. Oya Dursun-Özkanca) Atilla YeşiladaPosted on11 April, 2021 Özkanca explains her recent book: Turkey–West Relations: The Politics of Intra-alliance Opposition (Cambridge … Continue ReadingTurkey–West Relations: The Politics of Intra-alliance Opposition (Prof. Oya Dursun-Özkanca)
Categories HIGHLIGHTS Politics The cold waters of Black Sea heating up fast Atilla YeşiladaPosted on10 April, 2021 AKP’s strategists claim in a multipolar world, a growing power like Turkey’s can’t bound to … Continue ReadingThe cold waters of Black Sea heating up fast
Categories Business HIGHLIGHTS Breaking: Russia to debate banning Turkey to tourists Atilla YeşiladaPosted on9 April, 2021 Russian government officials will discuss on April 9 closing Turkey for Russian tourists to prevent … Continue ReadingBreaking: Russia to debate banning Turkey to tourists
Categories Economy HIGHLIGHTS Central bank governor change pushes up inflation expectations significantly Güldem AtabayPosted on9 April, 20219 April, 2021 According to the Central Bank’s Expectations Survey for April 2021, consumer inflation (CPI) expectations rose … Continue ReadingCentral bank governor change pushes up inflation expectations significantly
Categories Finance HIGHLIGHTS Markets Credit Suisse on TL: Another U-turn in macro policies Atilla YeşiladaPosted on9 April, 2021 Core Views Although Q1 felt like a strong one for the USD, the BBDXY only … Continue ReadingCredit Suisse on TL: Another U-turn in macro policies
Categories Economy HIGHLIGHTS HYPED Turkish cenbank to hold rates in new chief’s first decision – Reuters poll Güldem AtabayPosted on8 April, 2021 Turkey’s central bank is expected to hold interest rates at 19% next week at its … Continue ReadingTurkish cenbank to hold rates in new chief’s first decision – Reuters poll
Categories Economy HIGHLIGHTS Turkey’s net FX reserves lowest in 18 years at $10.68 billion Güldem AtabayPosted on8 April, 2021 The Turkish central bank’s net international reserves fell to its lowest level since 2003 at … Continue ReadingTurkey’s net FX reserves lowest in 18 years at $10.68 billion
Categories Economy HIGHLIGHTS Turkey’s daily new COVID-19 cases near 56,000, at record high Güldem AtabayPosted on8 April, 2021 Turkey recorded 55,941 new coronavirus cases in the last 24 hours, health ministry data showed … Continue ReadingTurkey’s daily new COVID-19 cases near 56,000, at record high
