Categories Economy HIGHLIGHTS IMF predicts modest global economic growth, cautions on slowing disinflation Cem CetingucPosted on16 July, 2024 The International Monetary Fund (IMF) on Tuesday said the global economy is set for modest … Continue ReadingIMF predicts modest global economic growth, cautions on slowing disinflation
Categories HIGHLIGHTS Politics Minister condemns US and EU for providing haven to FETÖ affiliates Cem CetingucPosted on16 July, 2024 Justice Minister Yılmaz Tunç has expressed criticism toward the United States and European Union countries, accusing them … Continue ReadingMinister condemns US and EU for providing haven to FETÖ affiliates
Categories HIGHLIGHTS Politics Erdoğan claims 2016 coup attempt driven by Türkiye’s pro-Palestine stance Cem CetingucPosted on16 July, 2024 The defeated 2016 coup attempt in Türkiye sought to topple the country’s democratically elected government … Continue ReadingErdoğan claims 2016 coup attempt driven by Türkiye’s pro-Palestine stance
Categories Economy HIGHLIGHTS Turkey’s first half budget deficit hits $25 bn, on target for the full year estimate Atilla YeşiladaPosted on16 July, 2024 In the first half of 2024, Turkey’s central government budget recorded a deficit of 747.2 … Continue ReadingTurkey’s first half budget deficit hits $25 bn, on target for the full year estimate
Categories Economy HIGHLIGHTS Simsek’s tax package is ready for parliamentary approval Atilla YeşiladaPosted on16 July, 2024 The Turkish government has finalized a comprehensive tax reform package that includes the imposition … Continue ReadingSimsek’s tax package is ready for parliamentary approval
Categories General HIGHLIGHTS Associated Press: Tensions are rising again in divided Cyprus Atilla YeşiladaPosted on16 July, 2024 The United Nations peacekeeping force in Cyprus, known as UNFICYP, has seen the deployment of … Continue ReadingAssociated Press: Tensions are rising again in divided Cyprus
Categories HIGHLIGHTS Politics New survey shows CHP leading AKP, pollster argues change is permanent Atilla YeşiladaPosted on15 July, 2024 Former editor in chief of Hurriyet daily, and currently a blogster Mr Ertugrul Ozkok covered … Continue ReadingNew survey shows CHP leading AKP, pollster argues change is permanent
Categories Atilla Yeşilada Emerging Markets Finance HIGHLIGHTS Video commentary: Turkey is becoming the darling of Emerging Markets Atilla YeşiladaPosted on15 July, 2024 Long considered “univestable” because of Erdogan’s silly economic policies, Turkey suddenly began attracting interest and … Continue ReadingVideo commentary: Turkey is becoming the darling of Emerging Markets
Categories Business General HIGHLIGHTS UBS Global Wealth Report ranks Turkey first in wealth growth Atilla YeşiladaPosted on13 July, 2024 A recent report by UBS, a Zurich-based global firm providing financial services in over 50 … Continue ReadingUBS Global Wealth Report ranks Turkey first in wealth growth
Categories Finance HIGHLIGHTS CBT governor Karahan interviewed by Bloomberg, sounds hawkish Atilla YeşiladaPosted on12 July, 2024 Turkey’s Central Bank Governor Fatih Karahan sat down for an interview with Bloomberg in Istanbul … Continue ReadingCBT governor Karahan interviewed by Bloomberg, sounds hawkish
Categories Business General HIGHLIGHTS Markets Gustavo Medeiros/Ashmore: Turkey is back for emerging market investors Atilla YeşiladaPosted on12 July, 2024 The global head of research at Ashmore Group, Mr Gustavo Medeiros wrote an op-ed for … Continue ReadingGustavo Medeiros/Ashmore: Turkey is back for emerging market investors
Categories Atilla Yeşilada General HIGHLIGHTS Video Commentary: Turkey’s Syria(ns) problem: Can Erdogan and Assad make peace? Atilla YeşiladaPosted on12 July, 2024 It was another ugly week in Turkey, as anti-Syrian violence erupted in several cities in … Continue ReadingVideo Commentary: Turkey’s Syria(ns) problem: Can Erdogan and Assad make peace?
Categories General HIGHLIGHTS Politics Gezi Park trial division in AKP widens: AKP Ankara MP Türkeş asks seven questions Güldem AtabayPosted on12 July, 2024 AKP Ankara MP Tuğrul Türkeş made an internal statement regarding the Gezi Park trial. Responding … Continue ReadingGezi Park trial division in AKP widens: AKP Ankara MP Türkeş asks seven questions
Categories Economy HIGHLIGHTS Business community calls for faster currency depreciation pointing at weaker exports Güldem AtabayPosted on12 July, 202412 July, 2024 ITO President Şekib Avdagiç Highlights Concerns Over Inflation and Exchange Rate Gap Significant Disparity Between … Continue ReadingBusiness community calls for faster currency depreciation pointing at weaker exports
Categories Economy HIGHLIGHTS May current account deficit less than expected, Minister Simsek declares the deficit eases to be a problem Güldem AtabayPosted on12 July, 2024 Monthly current account deficit was announced as 1.235 billion USD in May. In the Reuters … Continue ReadingMay current account deficit less than expected, Minister Simsek declares the deficit eases to be a problem
Categories Economy HIGHLIGHTS Finance Minister Şimşek declares inflation peak has passed Cem CetingucPosted on11 July, 2024 The worst is over in inflation, Treasury and Finance Minister Mehmet Şimşek has said, adding that “we … Continue ReadingFinance Minister Şimşek declares inflation peak has passed
Categories HIGHLIGHTS Politics Erdoğan Issues stern warning on potential NATO-Russia crisis Cem CetingucPosted on11 July, 2024 President Recep Tayyip Erdoğan has warned of a direct conflict between NATO and Russia at a key summit where the alliance has reiterated … Continue ReadingErdoğan Issues stern warning on potential NATO-Russia crisis
Categories General HIGHLIGHTS Major wildfire in Bodrum contained after intense operation Cem CetingucPosted on10 July, 202410 July, 2024 A major wildfire that started on the afternoon of July 8 in the southern province … Continue ReadingMajor wildfire in Bodrum contained after intense operation
Categories General HIGHLIGHTS Türkiye secures 250 million euros for earthquake aid Cem CetingucPosted on10 July, 2024 Türkiye has secured an additional 250 million euros ($270,540) in funding from the Council of Europe Development Bank … Continue ReadingTürkiye secures 250 million euros for earthquake aid
Categories Economy HIGHLIGHTS TÜİK Chief defends methodology for inflation calculation Cem CetingucPosted on9 July, 20249 July, 2024 The Turkish Statistical Institute (TÜİK) head Erhan Çetinkaya has defended the prices to calculate the … Continue ReadingTÜİK Chief defends methodology for inflation calculation