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Category: HIGHLIGHTS

OPINION: Who came up with this brilliant idea?  Redrawing Western Balkans’ borders
Categories General HIGHLIGHTS Politics

OPINION: Who came up with this brilliant idea?  Redrawing Western Balkans’ borders

Atilla YeşiladaPosted on23 April, 2021

Once a shining beacon of soft power,  peace and prosperity, EU’s diplomatic skills have receded … Continue ReadingOPINION: Who came up with this brilliant idea?  Redrawing Western Balkans’ borders

Turkey probes cryptocurrency exchange for possible $2B fraud
Categories HIGHLIGHTS Markets Tech

Turkey probes cryptocurrency exchange for possible $2B fraud

Atilla YeşiladaPosted on22 April, 2021

Turkey’s budding crypto-assets  market is reaching puberty, with the first scam being unaired today. Turkish … Continue ReadingTurkey probes cryptocurrency exchange for possible $2B fraud

Turkey’s Consumer Confidence sinks in April
Categories Economy HIGHLIGHTS

Turkey’s Consumer Confidence sinks in April

Güldem AtabayPosted on22 April, 2021

Seasonally adjusted consumer confidence index decreased by 7.5% in April to 80.2 from the March … Continue ReadingTurkey’s Consumer Confidence sinks in April

Lira down on Erdogan’s reserve loss arguments and tensions with the US
Categories Economy HIGHLIGHTS

Lira down on Erdogan’s reserve loss arguments and tensions with the US

Güldem AtabayPosted on22 April, 202122 April, 2021

UPDATE:  At 5 pm Turkey time, dollar/TL is trading at 8.30-31 Turkey’s lira skidded 2% … Continue ReadingLira down on Erdogan’s reserve loss arguments and tensions with the US

Turkey: Russia plays hardball over tourism amid Ukraine dispute
Categories Economy Emerging Markets HIGHLIGHTS Politics

Turkey: Russia plays hardball over tourism amid Ukraine dispute

Güldem AtabayPosted on22 April, 202122 April, 2021

Turkish tour operators, hotel owners and businesses based in Antalya in Turkey’s Riviera, which employs the bulk … Continue ReadingTurkey: Russia plays hardball over tourism amid Ukraine dispute

Biden Preparing to Declare That Atrocities Against Armenia Were Genocide
Categories Economy HIGHLIGHTS HYPED Politics

Biden Preparing to Declare That Atrocities Against Armenia Were Genocide

Güldem AtabayPosted on22 April, 2021

More than a century after the Ottoman Empire’s killing of an estimated 1.5 million Armenian civilians, … Continue ReadingBiden Preparing to Declare That Atrocities Against Armenia Were Genocide

Güldem Atabay: The Death of a Central Bank
Categories Economy Güldem Atabay HIGHLIGHTS Politics

Güldem Atabay: The Death of a Central Bank

Güldem AtabayPosted on22 April, 2021

The Turkish central bank’s Monetary Policy Committee (MPC) kept the benchmark interest rate steady at … Continue ReadingGüldem Atabay: The Death of a Central Bank

WSJ: Biden Poised to Recognize Massacres of Armenians as Genocide, Officials Say
Categories HIGHLIGHTS Politics

WSJ: Biden Poised to Recognize Massacres of Armenians as Genocide, Officials Say

Atilla YeşiladaPosted on22 April, 2021

President Biden is poised to formally declare that the massacres of Armenians in the early … Continue ReadingWSJ: Biden Poised to Recognize Massacres of Armenians as Genocide, Officials Say

Erdogan on USD 128 billion undisclosed reserve sales; no new information lots of polemic
Categories Economy HIGHLIGHTS Politics

Erdogan on USD 128 billion undisclosed reserve sales; no new information lots of polemic

Güldem AtabayPosted on21 April, 2021

Turkish President Recep Tayyip Erdogan said authorities used $165 billion of central bank foreign-currency reserves … Continue ReadingErdogan on USD 128 billion undisclosed reserve sales; no new information lots of polemic

Turkey Says Any U.S. Recognition of Armenian ‘Genocide’ Would Further Harm Ties
Categories General HIGHLIGHTS

Turkey Says Any U.S. Recognition of Armenian ‘Genocide’ Would Further Harm Ties

Atilla YeşiladaPosted on21 April, 2021

  Turkish Foreign Minister Mevlut Cavusoglu said on Tuesday that any move by U.S. President … Continue ReadingTurkey Says Any U.S. Recognition of Armenian ‘Genocide’ Would Further Harm Ties

LAST MINUTE: Erdogan makes minor changes  to Cabinet
Categories HIGHLIGHTS Politics

LAST MINUTE: Erdogan makes minor changes  to Cabinet

Atilla YeşiladaPosted on21 April, 2021

COVER photo:  New ministers     Turkey’s President Erdogan finally went about the long-rumored Cabinet … Continue ReadingLAST MINUTE: Erdogan makes minor changes  to Cabinet

Turkey’s health crisis is no less than India, data shows
Categories General HIGHLIGHTS

Turkey’s health crisis is no less than India, data shows

Atilla YeşiladaPosted on20 April, 2021

  UPDATE:  ON Tuesday, Turkey’s Health Ministry reported 61,028 cases with 2.895 patients and  346 … Continue ReadingTurkey’s health crisis is no less than India, data shows

Alamos Gold files $1 billion claim against Turkey after mine project halted
Categories Company & Industry Economy HIGHLIGHTS

Alamos Gold files $1 billion claim against Turkey after mine project halted

Güldem AtabayPosted on20 April, 2021

Alamos Gold Inc. of Canada filed a legal claim against Turkey for unfair expropriation and … Continue ReadingAlamos Gold files $1 billion claim against Turkey after mine project halted

Import prices rise drastically in Turkey amid pandemic
Categories Economy HIGHLIGHTS

Import prices rise drastically in Turkey amid pandemic

Cem CetingucPosted on20 April, 2021

Hayriye Ustun strolled around her neighborhood marketplace looking for the best prices as she suffered … Continue ReadingImport prices rise drastically in Turkey amid pandemic

Women’s employment plummets in Turkey during pandemic
Categories Economy General HIGHLIGHTS

Women’s employment plummets in Turkey during pandemic

Cem CetingucPosted on20 April, 202120 April, 2021

The Economy Policy Research Foundation of Turkey (TEPAV) has released the 104th issue of its Employment Monitoring … Continue ReadingWomen’s employment plummets in Turkey during pandemic

Swapgate: AKP’s efforts to justify 128 billion dollar reserve meltdown continue
Categories Economy HIGHLIGHTS

Swapgate: AKP’s efforts to justify 128 billion dollar reserve meltdown continue

Güldem AtabayPosted on20 April, 2021

Turkey’s decision to keep interest rates at below inflation last year was a one-off necessitated … Continue ReadingSwapgate: AKP’s efforts to justify 128 billion dollar reserve meltdown continue

Arab News:  Food stampedes in Turkey
Categories General HIGHLIGHTS

Arab News:  Food stampedes in Turkey

Atilla YeşiladaPosted on20 April, 2021

Images showing desperate Turkish citizens scrambling to grab free handouts of potatoes have stoked an … Continue ReadingArab News:  Food stampedes in Turkey

BREAKING:  Harvey Nichols quittign Turkey
Categories Business HIGHLIGHTS

BREAKING: Harvey Nichols quittign Turkey

Atilla YeşiladaPosted on19 April, 2021

Biritish luxury fashion retailer Harvey Nichols has reportedly decided to pull out of Turkey, reports … Continue ReadingBREAKING: Harvey Nichols quittign Turkey

Turkey Finance Minister Says FX sales were legal and calls on Cenbank to publish FX sale data
Categories Economy HIGHLIGHTS Politics

Turkey Finance Minister Says FX sales were legal and calls on Cenbank to publish FX sale data

Güldem AtabayPosted on19 April, 2021

It would be “beneficial” for the central bank to publish the data on the use … Continue ReadingTurkey Finance Minister Says FX sales were legal and calls on Cenbank to publish FX sale data

Eyes on Turkey: Greece, Israel Ink Blockbuster Defense Deal
Categories General HIGHLIGHTS

Eyes on Turkey: Greece, Israel Ink Blockbuster Defense Deal

Atilla YeşiladaPosted on19 April, 2021

ATHENS — Both countries wary of Turkey’s intentions, Greece and Israel signed a $1.65 billion … Continue ReadingEyes on Turkey: Greece, Israel Ink Blockbuster Defense Deal

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