Categories Atilla Yeşilada Economy HIGHLIGHTS ANALYSIS: Unruly inflation expectations complicate CBRT governor Erkan’s job Atilla YeşiladaPosted on21 August, 2023 Led by Gaye Erkan, Turkey’s Monetary Policy Council is meeting on 24 August Thursday to … Continue ReadingANALYSIS: Unruly inflation expectations complicate CBRT governor Erkan’s job
Categories Finance HIGHLIGHTS Central Bank of Turkey takes another step towards ending financial restrictions Atilla YeşiladaPosted on20 August, 2023 Turkey’s central bank (CBRT) began rolling back on Sunday a growing and costly scheme that … Continue ReadingCentral Bank of Turkey takes another step towards ending financial restrictions
Categories Atilla Yeşilada HIGHLIGHTS Politics Atilla Yesilada: Turkey’s high wire act in Ukraine conflict continues with ministerial visit, new corvette Atilla YeşiladaPosted on18 August, 2023 In a war which may soon fall into the “war the time has forgotten” category, … Continue ReadingAtilla Yesilada: Turkey’s high wire act in Ukraine conflict continues with ministerial visit, new corvette
Categories HIGHLIGHTS Politics Deutsche Welle: IYIP torn over local election alliance; strong likelihood to support Imamoglu and Yavas Atilla YeşiladaPosted on18 August, 2023 All eyes in Turkish politics are focused on the major policy statement to be made … Continue ReadingDeutsche Welle: IYIP torn over local election alliance; strong likelihood to support Imamoglu and Yavas
Categories HIGHLIGHTS Politics Ekrem İmamoğlu ahead of all candidates in the Istanbul local election poll Atilla YeşiladaPosted on18 August, 2023 Informally announcing his candidacy for Istanbul again in the local elections, the press conference of … Continue ReadingEkrem İmamoğlu ahead of all candidates in the Istanbul local election poll
Categories Economy HIGHLIGHTS Politics Sock manufacturer’s ghost fleet: Turkish companies allegedly enable Russian sanction evasion Güldem AtabayPosted on18 August, 202318 August, 2023 Turkish company Beks Ship Management, originally in the sock manufacturing business, has allegedly become a … Continue ReadingSock manufacturer’s ghost fleet: Turkish companies allegedly enable Russian sanction evasion
Categories Atilla Yeşilada HIGHLIGHTS Politics Turkey and EU: Why Erdogan desperately needs a new customs union treaty? Atilla YeşiladaPosted on17 August, 2023 Erdogan has surprised skeptics like the presenter of this video by an eager pragmatism since … Continue ReadingTurkey and EU: Why Erdogan desperately needs a new customs union treaty?
Categories Business Finance HIGHLIGHTS Two state banks raise $1.1 bn from “undisclosed“ sources Atilla YeşiladaPosted on17 August, 202317 August, 2023 Ziraat Bank announced that it has obtained long-term foreign financing of 600 million dollars from … Continue ReadingTwo state banks raise $1.1 bn from “undisclosed“ sources
Categories Business HIGHLIGHTS Turkey in the throes of a devastating drought, once again Atilla YeşiladaPosted on16 August, 2023 The General Directorate of Meteorology has warned against a “severe drought” that enveloped much of … Continue ReadingTurkey in the throes of a devastating drought, once again
Categories Business Finance HIGHLIGHTS Markets Moody’s upgrades Turkish banks, banks try to rally Atilla YeşiladaPosted on15 August, 2023 Moody’s Investor Services has upgraded its outlook for Turkey’s banking sector from negative to stable, … Continue ReadingMoody’s upgrades Turkish banks, banks try to rally
Categories Business HIGHLIGHTS Mehmet Şimşek to road-show in USA Atilla YeşiladaPosted on15 August, 2023 It was reported that the Minister of Treasury and Finance Mehmet Şimşek will go to … Continue ReadingMehmet Şimşek to road-show in USA
Categories Economy HIGHLIGHTS Hande Firat: Economy as a cup half full and half empty Atilla YeşiladaPosted on15 August, 2023 Editor’s Note: Hande Firat is very close to Erdogan and is one of the few … Continue ReadingHande Firat: Economy as a cup half full and half empty
Categories Economy HIGHLIGHTS Murat Kubilay: The successes and failures of Turkey’s new economic team Güldem AtabayPosted on15 August, 2023 It has been two months since Turkey’s new economic team took over and some progress has been … Continue ReadingMurat Kubilay: The successes and failures of Turkey’s new economic team
Categories Economy Finance HIGHLIGHTS Investment bank projects rising Central Bank reserves Atilla YeşiladaPosted on14 August, 202314 August, 2023 Barclays, one of the leading investment banks in England, projected in its emerging markets research … Continue ReadingInvestment bank projects rising Central Bank reserves
Categories Economy HIGHLIGHTS Current account deficits projected to decline in autumn Atilla YeşiladaPosted on14 August, 2023 Improvement in C/A balance in June… In June, there was a C/A surplus of USD674 … Continue ReadingCurrent account deficits projected to decline in autumn
Categories General HIGHLIGHTS Politics Defense News: Russia sent a message to Turkey when it bombed Motor Sich, say experts Atilla YeşiladaPosted on14 August, 2023 Russia was sending a clear message to Turkey when it bombed Ukrainian business Motor Sich, … Continue ReadingDefense News: Russia sent a message to Turkey when it bombed Motor Sich, say experts
Categories Business HIGHLIGHTS Xinhua: Soaring prices Achilles’ heel of Turkish tourism Atilla YeşiladaPosted on13 August, 2023 Türkiye is poised for a good tourism season, but meeting the targets for 2023 will … Continue ReadingXinhua: Soaring prices Achilles’ heel of Turkish tourism
Categories Business HIGHLIGHTS Normalization in full swing as Türkiye’s Saudi exports leap by 630% Atilla YeşiladaPosted on13 August, 2023 Türkiye’s goods shipments to Saudi Arabia jumped by more than a whopping 600% from January … Continue ReadingNormalization in full swing as Türkiye’s Saudi exports leap by 630%
Categories Business General HIGHLIGHTS Mehmet Simsek interview with Islamist Yeni Safak daily Atilla YeşiladaPosted on11 August, 2023 Mehmet Şimşek, Minister of Treasury and Finance, said that the winds blowing against Turkey will … Continue ReadingMehmet Simsek interview with Islamist Yeni Safak daily
Categories Atilla Yeşilada Economy HIGHLIGHTS Turkey’s external deficit threatens TL meltdown Atilla YeşiladaPosted on10 August, 2023 Turkey’s external deficit threatens TL meltdown • Thanks to the new economy team of Cevdet … Continue ReadingTurkey’s external deficit threatens TL meltdown