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Category: HIGHLIGHTS

Erdogan will run for presidency for a third term. What does it mean for Turkish politics?
Categories HIGHLIGHTS Politics

Erdogan will run for presidency for a third term. What does it mean for Turkish politics?

Atilla YeşiladaPosted on25 June, 2022

Turkish President Recep Tayyip Erdogan earlier this month formally announced his candidacy for re-election to … Continue ReadingErdogan will run for presidency for a third term. What does it mean for Turkish politics?

Turkey’s Ban on Lira Loans to Some Firms Fires Up Currency Rally
Categories Economy HIGHLIGHTS Markets Politics

Turkey’s Ban on Lira Loans to Some Firms Fires Up Currency Rally

Güldem AtabayPosted on24 June, 2022

Turkey stepped up efforts to bolster the lira and cool off lending with a surprise … Continue ReadingTurkey’s Ban on Lira Loans to Some Firms Fires Up Currency Rally

JP Morgan:  Turkey: the CBRT shows no intention of tightening its policy
Categories Economy Finance HIGHLIGHTS

JP Morgan:  Turkey: the CBRT shows no intention of tightening its policy

Atilla YeşiladaPosted on24 June, 2022

Despite stronger price pressures and tighter global liquidity, the CBRT, once again, kept rates unchanged … Continue ReadingJP Morgan:  Turkey: the CBRT shows no intention of tightening its policy

Erdoğan may call Turkish elections for May next year
Categories Economy General HIGHLIGHTS Politics

Erdoğan may call Turkish elections for May next year

Güldem AtabayPosted on22 June, 2022

Turkish President Recep Tayyip Erdoğan may call presidential and parliamentary elections for May next year, … Continue ReadingErdoğan may call Turkish elections for May next year

Turkey’s consumer confidence extends record low in May
Categories Economy HIGHLIGHTS Politics

Turkey’s consumer confidence extends record low in May

Güldem AtabayPosted on22 June, 2022

Turkey’s benchmark index of consumer confidence extended a record low last month as inflation hit … Continue ReadingTurkey’s consumer confidence extends record low in May

70 percent of Turks unable to go on holiday amid financial woes, finds survey
Categories Economy HIGHLIGHTS Politics

70 percent of Turks unable to go on holiday amid financial woes, finds survey

Güldem AtabayPosted on22 June, 2022

Some 70 percent of Turkish citizens reported having no holiday plans amid financial woes, according … Continue Reading70 percent of Turks unable to go on holiday amid financial woes, finds survey

Turkey Plans Stealth Power Hikes Hoping to Avoid Repeat of Protests
Categories Economy HIGHLIGHTS Politics

Turkey Plans Stealth Power Hikes Hoping to Avoid Repeat of Protests

Güldem AtabayPosted on21 June, 2022

Turkey aims to raise electricity prices steadily throughout the year to avoid a repeat of … Continue ReadingTurkey Plans Stealth Power Hikes Hoping to Avoid Repeat of Protests

Saudi crown prince visits Egypt and Jordan before Turkey
Categories Economy HIGHLIGHTS Politics

Saudi crown prince visits Egypt and Jordan before Turkey

Güldem AtabayPosted on21 June, 2022

A Saudi diplomat said that Saudi Crown Prince Mohammed bin Salman begins a regional tour on … Continue ReadingSaudi crown prince visits Egypt and Jordan before Turkey

Turkey is open to bid on Eurofighter Typhoon warplanes if F-16s deal fails
Categories HIGHLIGHTS Politics

Turkey is open to bid on Eurofighter Typhoon warplanes if F-16s deal fails

Güldem AtabayPosted on21 June, 2022

The Turkish government may be interested in buying Eurofighter Typhoon warplanes if its F-16 purchase … Continue ReadingTurkey is open to bid on Eurofighter Typhoon warplanes if F-16s deal fails

Turkey  runs out of budget by June!
Categories Economy HIGHLIGHTS

Turkey  runs out of budget by June!

Atilla YeşiladaPosted on21 June, 2022

Turkey’s government has submitted a proposal to parliament for a supplementary budget of some 1 … Continue ReadingTurkey  runs out of budget by June!

Daily Sabah:  Turkey signals wage hike to help workers amid soaring inflation
Categories Business HIGHLIGHTS

Daily Sabah:  Turkey signals wage hike to help workers amid soaring inflation

Atilla YeşiladaPosted on21 June, 2022

The Turkish government on Tuesday signaled it could boost wages as of July, in an … Continue ReadingDaily Sabah:  Turkey signals wage hike to help workers amid soaring inflation

MBS to pay a visit to Ankara, but WHY?
Categories Business General HIGHLIGHTS

MBS to pay a visit to Ankara, but WHY?

Atilla YeşiladaPosted on18 June, 2022

Saudi Crown Prince Mohammed bin Salman (MBS) will visit Ankara next week, Turkish President Recep … Continue ReadingMBS to pay a visit to Ankara, but WHY?

Opposition leader Babacan:  Erdogan to bankrupt Turkey
Categories General HIGHLIGHTS Politics

Opposition leader Babacan:  Erdogan to bankrupt Turkey

Atilla YeşiladaPosted on18 June, 2022

Turkey is on the verge of total bankruptcy, according to President Recep Tayyip Erdogan’s former … Continue ReadingOpposition leader Babacan:  Erdogan to bankrupt Turkey

Goldman sees Turkey inflation of near 80% before relief comes
Categories Economy HIGHLIGHTS

Goldman sees Turkey inflation of near 80% before relief comes

Atilla YeşiladaPosted on17 June, 2022

Goldman Sachs said on Friday it expects annual inflation in Turkey to reach almost 80% … Continue ReadingGoldman sees Turkey inflation of near 80% before relief comes

U.S.-led coalition says it detained senior ISIS leader in Syria
Categories General HIGHLIGHTS Politics

U.S.-led coalition says it detained senior ISIS leader in Syria

Güldem AtabayPosted on16 June, 2022

The U.S.-led coalition said it had detained a senior Islamic State group leader in Syria … Continue ReadingU.S.-led coalition says it detained senior ISIS leader in Syria

Turkey’s leader changes mind again on new name for airline
Categories Business General HIGHLIGHTS

Turkey’s leader changes mind again on new name for airline

Atilla YeşiladaPosted on16 June, 2022

Turkey’s president, in a push to recast top Turkish assets to avoid any possible derogatory … Continue ReadingTurkey’s leader changes mind again on new name for airline

Turkey’ leading business lobby rebels against Erdogan
Categories Business HIGHLIGHTS

Turkey’ leading business lobby rebels against Erdogan

Atilla YeşiladaPosted on16 June, 2022

Turkish President Recep Tayyip Erdoğan on Wednesday blasted Turkish business group TÜSIAD’s chair Orhan Turan … Continue ReadingTurkey’ leading business lobby rebels against Erdogan

Turkey Wants to Claw Back More Dollars With Cheap Exporter Loans
Categories Economy Finance General HIGHLIGHTS Markets

Turkey Wants to Claw Back More Dollars With Cheap Exporter Loans

Güldem AtabayPosted on13 June, 2022

Turkey is making another effort to arrest a precipitous decline in its currency by dangling … Continue ReadingTurkey Wants to Claw Back More Dollars With Cheap Exporter Loans

Turkey Credit Default Swaps Jump to 19-Year High Amid Lira Woes
Categories Economy General HIGHLIGHTS

Turkey Credit Default Swaps Jump to 19-Year High Amid Lira Woes

Güldem AtabayPosted on13 June, 2022

The cost to insure against a debt default by Turkey’s government in the next five … Continue ReadingTurkey Credit Default Swaps Jump to 19-Year High Amid Lira Woes

April CA deficit rises to  USD 21.1bn in first trimester from USD9.1 year ago
Categories Economy HIGHLIGHTS

April CA deficit rises to  USD 21.1bn in first trimester from USD9.1 year ago

Atilla YeşiladaPosted on13 June, 2022

In April, Current Account (CA) posted a monthly deficit of USD2.7bn (Cons.: USD -3.1bn) vs … Continue ReadingApril CA deficit rises to  USD 21.1bn in first trimester from USD9.1 year ago

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