Categories General HIGHLIGHTS Bomb explodes on prison vehicle in Bursa, Turkey Cem CetingucPosted on22 April, 2022 Assailants detonated a remote-controlled explosive device near a bus carrying prison guards in Turkey, an … Continue ReadingBomb explodes on prison vehicle in Bursa, Turkey
Categories Business HIGHLIGHTS Turkish real estate: Boom for some, disaster for the rest Atilla YeşiladaPosted on22 April, 2022 Cover chart in Turkish: Annualized house price increases Spiralling construction costs and inflation have … Continue ReadingTurkish real estate: Boom for some, disaster for the rest
Categories Business HIGHLIGHTS Turkey moving away from Russia energy imports-slowly Atilla YeşiladaPosted on21 April, 2022 Turkey’s energy hub dreams are getting stronger, if new developments are going to be successful. … Continue ReadingTurkey moving away from Russia energy imports-slowly
Categories Business Economy HIGHLIGHTS Turkstat consumer confidence sinks amidst signs of demand slowdown Atilla YeşiladaPosted on21 April, 2022 Turkstat (official) Consumer Confidence Index (CCI) decreased by 7.3% to 67.3 in April (March: 72.5, … Continue ReadingTurkstat consumer confidence sinks amidst signs of demand slowdown
Categories Business Economy HIGHLIGHTS Finance minister gets together with US company executives Cem CetingucPosted on21 April, 2022 Treasury and Finance Minister Nureddin Nebati met with executives of prominent U.S. companies to speak on the economic … Continue ReadingFinance minister gets together with US company executives
Categories HIGHLIGHTS Markets Turkish Equities: Quarterly Strategy Report: The Impact of Global Slowdown Atilla YeşiladaPosted on21 April, 2022 Russia-Ukraine tension has increased risks of stagflation and even recession As we entered the year … Continue ReadingTurkish Equities: Quarterly Strategy Report: The Impact of Global Slowdown
Categories Economy HIGHLIGHTS Politics Turkey nears landmark LNG loan in shift from Russian natural gas Güldem AtabayPosted on20 April, 2022 Turkey and Deutsche Bank AG are in the final stages of talks for a pioneering 1 billion-euro … Continue ReadingTurkey nears landmark LNG loan in shift from Russian natural gas
Categories HIGHLIGHTS Politics Turkey’s neutrality on Ukraine is coming at a high price Güldem AtabayPosted on20 April, 2022 As NATO closes ranks against Russia — even Germany has abandoned its pacifist posture — … Continue ReadingTurkey’s neutrality on Ukraine is coming at a high price
Categories Economy HIGHLIGHTS Erdoğan signals a u-turn on Syrian refugees Güldem AtabayPosted on20 April, 2022 Turkey’s main opposition Republican People’s Party (CHP) leader Kemal Kılıçdaroğlu asked four questions to President … Continue ReadingErdoğan signals a u-turn on Syrian refugees
Categories Economy HIGHLIGHTS Politics Germany places Turkey’s biggest state bank -Ziraatbank-under special supervision Güldem AtabayPosted on20 April, 2022 Germany’s financial watchdog appointed a special representative to the Frankfurt-based unit of Turkey’s biggest state-run … Continue ReadingGermany places Turkey’s biggest state bank -Ziraatbank-under special supervision
Categories Business Company & Industry Finance HIGHLIGHTS HSBC: Stocks we like ahead of 1Q22 earnings Cem CetingucPosted on20 April, 202220 April, 2022 BIM (BIMAS TI, CMP TRY84.70, Buy, TP TRY128.00): The company is likely to continue to … Continue ReadingHSBC: Stocks we like ahead of 1Q22 earnings
Categories Business General HIGHLIGHTS Politics Russia lifts ban on several Turkish agricultural imports Cem CetingucPosted on20 April, 2022 Russia has lifted restrictions on the import of various agricultural products from Turkey, according to … Continue ReadingRussia lifts ban on several Turkish agricultural imports
Categories General HIGHLIGHTS Politics Reason behind Turkey wants to be back in Ukraine Cem CetingucPosted on20 April, 2022 In the wee hours of Thursday morning, two of Ukraine’s Neptune missiles reportedly struck Russia’s … Continue ReadingReason behind Turkey wants to be back in Ukraine
Categories General HIGHLIGHTS Politics Russia seeks assurance from Turkey for flights Cem CetingucPosted on20 April, 2022 Russia is seeking assurances from Turkey that planes carrying Russian tourists will not be seized when they land in Turkey … Continue ReadingRussia seeks assurance from Turkey for flights
Categories Emerging Markets General HIGHLIGHTS IMF: Private Debt to Weigh on Global Economic Recovery Atilla YeşiladaPosted on19 April, 2022 Governments succeeded in lessening the economic pain of the pandemic by providing plenty of liquidity … Continue ReadingIMF: Private Debt to Weigh on Global Economic Recovery
Categories Business HIGHLIGHTS Farming sends a loud SOS Atilla YeşiladaPosted on19 April, 2022 Polatli has been one of Turkey’s main onion-producing and exporting regions for years. But it … Continue ReadingFarming sends a loud SOS
Categories Business HIGHLIGHTS Big business boss bashes gov’t on inflation Atilla YeşiladaPosted on19 April, 2022 Turkey’s economy has been left exposed to global shocks after the authorities failed to respond … Continue ReadingBig business boss bashes gov’t on inflation
Categories General HIGHLIGHTS Politics Erdogan condemns Israel’s ‘intervention’ at Al-Aqsa Mosque Cem CetingucPosted on18 April, 2022 President Recep Tayyip Erdogan held a conversation with his Palestinian counterpart, Mahmoud Abbas, and United Nations Secretary-General Antonio … Continue ReadingErdogan condemns Israel’s ‘intervention’ at Al-Aqsa Mosque
Categories Economy HIGHLIGHTS Politics Murat Yetkin: Turkey launches new operation against PKK in Iraq Güldem AtabayPosted on18 April, 202218 April, 2022 The Turkish Armed Forces launched a large-scale military operation against the outlawed Kurdistan Worker’s Party … Continue ReadingMurat Yetkin: Turkey launches new operation against PKK in Iraq
Categories Business Finance General HIGHLIGHTS Loans for export and tourism sectors, President declares Cem CetingucPosted on17 April, 2022 President Recep Tayyip Erdoğan on Thursday announced that Turkey would provide cheaper loans for export … Continue ReadingLoans for export and tourism sectors, President declares