Categories Business General HIGHLIGHTS UK sanctions numerous entities in Turkey, UAE, Iran for violating sanctions on Russia Atilla YeşiladaPosted on9 August, 2023 Britain sanctioned more than two dozen targets Tuesday including firms and individuals in Turkey, the … Continue ReadingUK sanctions numerous entities in Turkey, UAE, Iran for violating sanctions on Russia
Categories Economy HIGHLIGHTS Insider: Minister Şimşek said, “Inflation doesn’t decrease through easy ways, it requires 2.5-3 years” Güldem AtabayPosted on9 August, 20239 August, 2023 At the “Economy and Consultation Meeting” attended by business representatives and seven ministers close to … Continue ReadingInsider: Minister Şimşek said, “Inflation doesn’t decrease through easy ways, it requires 2.5-3 years”
Categories HIGHLIGHTS Politics AKP to conduct a negative campaign and list endless promises in the 2024 local elections.” Güldem AtabayPosted on8 August, 2023 Gazete Pencere columnist Nuray Babacan stated that the ruling party is preparing to conduct a … Continue ReadingAKP to conduct a negative campaign and list endless promises in the 2024 local elections.”
Categories Economy HIGHLIGHTS Turkey’s manufacturing exports at stagnation point Güldem AtabayPosted on8 August, 2023 The July data indicated that demand conditions for Turkish manufacturing industry exporters were approaching stagnation. … Continue ReadingTurkey’s manufacturing exports at stagnation point
Categories Business HIGHLIGHTS EU’s carbon tax to impact countries, including Türkiye: Experts Atilla YeşiladaPosted on6 August, 2023 The European Union’s major trading partners, including Türkiye, will be impacted by the bloc’s carbon … Continue ReadingEU’s carbon tax to impact countries, including Türkiye: Experts
Categories Business HIGHLIGHTS What did Mehmet Simsek tell investors?—-UPDATE Atilla YeşiladaPosted on6 August, 2023 Turkish economy management gave its first test in front of foreign investors. Turkish Treasury and … Continue ReadingWhat did Mehmet Simsek tell investors?—-UPDATE
Categories General HIGHLIGHTS EU mulls talks on visa liberalization for Türkiye in autumn Atilla YeşiladaPosted on6 August, 2023 A senior European Union official said on Sunday that the bloc would discuss the issue … Continue ReadingEU mulls talks on visa liberalization for Türkiye in autumn
Categories General HIGHLIGHTS Simsek and Erkan made their investor debut, how did it go? Atilla YeşiladaPosted on4 August, 2023 Turkey’s new-look economic team met for the first time with dozens of international investors on … Continue ReadingSimsek and Erkan made their investor debut, how did it go?
Categories Economy Güldem Atabay HIGHLIGHTS Guldem Atabay commentary: Base effect in inflation is over, tax hikes and depreciation signal a new leg up Atilla YeşiladaPosted on3 August, 2023 The highly anticipated July CPI inflation was reported at 9.49% according to TUIK; and 13.2% … Continue ReadingGuldem Atabay commentary: Base effect in inflation is over, tax hikes and depreciation signal a new leg up
Categories Economy HIGHLIGHTS Turkish cenbank governor, finmin to attend JP Morgan investor meeting on Friday Güldem AtabayPosted on3 August, 2023 Turkish Central Bank Governor Hafize Gaye Erkan and Finance Minister Mehmet Simsek will attend a … Continue ReadingTurkish cenbank governor, finmin to attend JP Morgan investor meeting on Friday
Categories Economy HIGHLIGHTS Turkey’s foreign trade deficit surpassed 73 billion dollars in 7 months! Güldem AtabayPosted on3 August, 2023 In July, Turkey’s foreign trade deficit increased by 15.7% to reach 12.4 billion dollars. As … Continue ReadingTurkey’s foreign trade deficit surpassed 73 billion dollars in 7 months!
Categories Economy HIGHLIGHTS Turkish inflation has risen to the highest level since January 2022 Güldem AtabayPosted on3 August, 2023 Following the release of the inflation data, market attention shifted to exchange rates and gold … Continue ReadingTurkish inflation has risen to the highest level since January 2022
Categories Business HIGHLIGHTS Turkey lobbying for new trade deals with UK and EU Atilla YeşiladaPosted on2 August, 2023 Türkiye and the UK are looking to start negotiations for the free trade agreement (FTA) … Continue ReadingTurkey lobbying for new trade deals with UK and EU
Categories General HIGHLIGHTS CNBC.com: Saudi Arabia and Turkey are emerging as the new peace brokers of the Russia-Ukraine war Atilla YeşiladaPosted on2 August, 2023 Turkish President Erdogan surprised not only his party and the opposition but nearly the entire … Continue ReadingCNBC.com: Saudi Arabia and Turkey are emerging as the new peace brokers of the Russia-Ukraine war
Categories Atilla Yeşilada Economy HIGHLIGHTS TURKEY/Real Turkey Channel: Can Gaye Erkan Stop Soaring Inflation? Atilla YeşiladaPosted on2 August, 2023 Turkey’s rookie Central Bank governor Gaye Erkan is getting good reviews in the international press. … Continue ReadingTURKEY/Real Turkey Channel: Can Gaye Erkan Stop Soaring Inflation?
Categories Economy HIGHLIGHTS Turkiye annual inflation to rebound to 47.3% after tax hikes, lira decline Güldem AtabayPosted on2 August, 2023 Turkiye’s monthly inflation is seen at 9.1 per cent in July due to various tax … Continue ReadingTurkiye annual inflation to rebound to 47.3% after tax hikes, lira decline
Categories Economy HIGHLIGHTS Inflation hurts: Headline PMI posts 49.9 in July Güldem AtabayPosted on1 August, 2023 Business conditions were broadly stable in the Turkish manufacturing sector during July as recent sequences … Continue ReadingInflation hurts: Headline PMI posts 49.9 in July
Categories General HIGHLIGHTS Turkish doctors continue to seek work abroad amid ongoing problems Güldem AtabayPosted on1 August, 2023 Data shows that 288 Turkish doctors applied for the certificate last month alone, bringing the … Continue ReadingTurkish doctors continue to seek work abroad amid ongoing problems
Categories Economy HIGHLIGHTS Inflation soars in Istanbul, hitting nearly 64% annually Güldem AtabayPosted on1 August, 2023 Prices for health, household goods, education, entertainment, transport, communication, housing, and food rose significantly compared … Continue ReadingInflation soars in Istanbul, hitting nearly 64% annually
Categories Economy HIGHLIGHTS TURKISH ECONOMY SHORTS: Debt, consumer confidence, Eurobond rally Atilla YeşiladaPosted on31 July, 202331 July, 2023 Stratfor– Turkey Wavers Under the Weight of its Debt Load Turkey’s economy has wavered … Continue ReadingTURKISH ECONOMY SHORTS: Debt, consumer confidence, Eurobond rally