Categories Economy HIGHLIGHTS As Turkey’s inflation soars in February, the CBRT restricts bank lending in an effort to prevent further rate hikes Güldem AtabayPosted on6 March, 2024 The Central Bank of Turkey took additional tightening measures to support the tight monetary policy. … Continue ReadingAs Turkey’s inflation soars in February, the CBRT restricts bank lending in an effort to prevent further rate hikes
Categories HIGHLIGHTS Politics “At least 40 percent of Kurdish DEM Party voters will vote for Imamoğlu in Istanbul” Güldem AtabayPosted on5 March, 2024 According to researchers who have taken the pulse of Kurdish public opinion ahead of the … Continue Reading“At least 40 percent of Kurdish DEM Party voters will vote for Imamoğlu in Istanbul”
Categories Finance HIGHLIGHTS Morgan Stanley: What’s Next After February Inflation? Atilla YeşiladaPosted on5 March, 2024 The CBT will likely wait for March inflation before deciding on further hikes We think … Continue ReadingMorgan Stanley: What’s Next After February Inflation?
Categories Economy HIGHLIGHTS JPMorgan reveals new forecast after inflation hike in Turkey Cem CetingucPosted on5 March, 2024 LONDON (Reuters) – Stronger-than-expected Turkish inflation data led JPMorgan on Monday to add another 500 … Continue ReadingJPMorgan reveals new forecast after inflation hike in Turkey
Categories General HIGHLIGHTS Turkish exports to Russia cut by one-third amid US sanctions Cem CetingucPosted on5 March, 20245 March, 2024 The volume of shipments from Türkiye to Russia decreased by 33% in February, amounting to … Continue ReadingTurkish exports to Russia cut by one-third amid US sanctions
Categories Economy HIGHLIGHTS Mehmet Simsek lays out post-election policy course Atilla YeşiladaPosted on4 March, 2024 Treasury and Finance Minister Mehmet Şimşek appeared on financial TV broadcaster BloombergHT’ s morning news … Continue ReadingMehmet Simsek lays out post-election policy course
Categories Economy HIGHLIGHTS Markets Turkey seeks foreign investments for economic boost Cem CetingucPosted on4 March, 2024 Grappling with economic woes unseen in decades, Türkiye is seeking to shore up foreign investments … Continue ReadingTurkey seeks foreign investments for economic boost
Categories Economy General HIGHLIGHTS Turkey: Long way from economic recovery Cem CetingucPosted on4 March, 20244 March, 2024 Headline GDP growth came in stronger than expected at 4.0% year-on-year while sequential growth accelerated … Continue ReadingTurkey: Long way from economic recovery
Categories Company & Industry Economy HIGHLIGHTS Turkish foreign policy focuses on energy sector Cem CetingucPosted on4 March, 20244 March, 2024 Turkey has an energy dependence problem. For the past two decades, Ankara’s energy needs have … Continue ReadingTurkish foreign policy focuses on energy sector
Categories HIGHLIGHTS Markets Metropoll Istanbul survey: Incumbent Imamoglu leads AKP/Kurum Atilla YeşiladaPosted on3 March, 2024 According to MetroPOLL Research February survey, Ekrem İmamoğlu is three points ahead of Murat Kurum … Continue ReadingMetropoll Istanbul survey: Incumbent Imamoglu leads AKP/Kurum
Categories HIGHLIGHTS Politics OPINION: Who is ahead in Istanbul and Ankara? Atilla YeşiladaPosted on2 March, 2024 Pro-opposition conservative daily KARAR’s columnist (Ms) Semra Alkan shared her impressions from the campaign trail … Continue ReadingOPINION: Who is ahead in Istanbul and Ankara?
Categories Business HIGHLIGHTS Will Turkmeni gas flow to Europe through Turkey? Atilla YeşiladaPosted on2 March, 2024 Ankara is positioning to become Europe’s premier supplier of natural gas, as the static war … Continue ReadingWill Turkmeni gas flow to Europe through Turkey?
Categories Finance HIGHLIGHTS Markets Turkey’s excess lira liquidity almost gone, open market funding seen possible Güldem AtabayPosted on29 February, 2024 Bankers suggest that the rapid decline in excess lira liquidity within Turkey’s banking system, attributed … Continue ReadingTurkey’s excess lira liquidity almost gone, open market funding seen possible
Categories HIGHLIGHTS Politics Freedom House: Freedom report accuses AKP of election manipulation Güldem AtabayPosted on29 February, 2024 Freedom House, the US government-backed non-governmental organization, released its Freedom in the World report for … Continue ReadingFreedom House: Freedom report accuses AKP of election manipulation
Categories HIGHLIGHTS Politics Turkey’s local election results could be shaped by three small parties Güldem AtabayPosted on29 February, 2024 With about a month to go before the local elections, the level of competition among … Continue ReadingTurkey’s local election results could be shaped by three small parties
Categories Güldem Atabay HIGHLIGHTS Güldem Atabay: Growth has strengthened, why inflation won’t fall Güldem AtabayPosted on29 February, 2024 The Turkish economy’s relentless battle between growth and inflation continues. Let us first go through … Continue ReadingGüldem Atabay: Growth has strengthened, why inflation won’t fall
Categories Company & Industry General HIGHLIGHTS Rosatom: Second nuclear power plant for Turkey on the way Cem CetingucPosted on29 February, 2024 Alexey Likhachev, head of the Rosatom state Corporation, said that the Turkish authorities had made … Continue ReadingRosatom: Second nuclear power plant for Turkey on the way
Categories Economy General HIGHLIGHTS Affordable meat lines form in front of Turkish state-stores prior to Ramadan Cem CetingucPosted on29 February, 202429 February, 2024 People formed long queues in front of Turkey’s state-run “Meat and Milk Board” stores to … Continue ReadingAffordable meat lines form in front of Turkish state-stores prior to Ramadan
Categories Economy HIGHLIGHTS Yılmaz: Turkish economic program working as planned Cem CetingucPosted on29 February, 2024 Vice President Cevdet Yılmaz met with international investors and fund managers in London on Tuesday, … Continue ReadingYılmaz: Turkish economic program working as planned
Categories Economy HIGHLIGHTS Prof. Acemoğlu: Tightening not enough for disinflation Güldem AtabayPosted on29 February, 2024 Prof. Daron Acemoğlu pointed out that the real interest rate is still negative and stated … Continue ReadingProf. Acemoğlu: Tightening not enough for disinflation