Categories HIGHLIGHTS Markets Politics Russia extends Ukraine grain deal by 60 days Cem CetingucPosted on14 March, 2023 Russia agreed on March 13 to extend the Ukraine grain export deal, but only for a further 60 days, in … Continue ReadingRussia extends Ukraine grain deal by 60 days
Categories Economy HIGHLIGHTS Markets Politics Goldman warns of possible currency market turbulence in Turkey ahead of elections Güldem AtabayPosted on2 March, 2023 The Wall Street bank Goldman Sachs said problems could arise in foreign exchange markets in … Continue ReadingGoldman warns of possible currency market turbulence in Turkey ahead of elections
Categories HIGHLIGHTS Markets Turkey’s Sovereign Fund Allots at Least $1 Billion to Boost Stock-Market Heavyweights Güldem AtabayPosted on27 February, 2023 As reported by Bloomberg, Turkey’s sovereign wealth fund plans to channel cash into the nation’s … Continue ReadingTurkey’s Sovereign Fund Allots at Least $1 Billion to Boost Stock-Market Heavyweights
Categories Finance HIGHLIGHTS Markets Reuters/Nevzat Devranoglu: Central Bank burning reserves to keep lira stable -bankers Atilla YeşiladaPosted on22 February, 2023 Turkey’s central bank used $7 billion of reserves in the last two weeks to help … Continue ReadingReuters/Nevzat Devranoglu: Central Bank burning reserves to keep lira stable -bankers
Categories HIGHLIGHTS Markets Turkey’s regulators focus on “The Dude” and the big sales in the equity market after the quakes Güldem AtabayPosted on14 February, 2023 As reported by Kerim Karakaya/Tugce Ozsoy – Bloomberg, Turkish regulators are seeking more information on … Continue ReadingTurkey’s regulators focus on “The Dude” and the big sales in the equity market after the quakes
Categories Finance Markets Turkey Weighs Extending Stock-Market Closure as Quake Toll Rises Güldem AtabayPosted on13 February, 202313 February, 2023 Turkish officials are considering extending a closure of the Istanbul stock market past Wednesday, after … Continue ReadingTurkey Weighs Extending Stock-Market Closure as Quake Toll Rises
Categories Business Economy HIGHLIGHTS Markets Turkish exports reach all-time high in January creating a huge trade ficit Cem CetingucPosted on2 February, 20233 February, 2023 Turkey’s exports posted an all-time high January figure at $19.4 billion (TL 365.04 billion), Trade … Continue ReadingTurkish exports reach all-time high in January creating a huge trade ficit
Categories General HIGHLIGHTS Markets Politics Corruption is ‘off the charts’ in Turkey, Serbia, Bosnia and Hungary Cem CetingucPosted on1 February, 20231 February, 2023 Turkey, Hungary, Bosnia and Herzegovina and Serbia got their worst corruption scores in ten years … Continue ReadingCorruption is ‘off the charts’ in Turkey, Serbia, Bosnia and Hungary
Categories Emerging Markets General HIGHLIGHTS Markets Politics Putin initiates “Pivot to the East” strategy amid EU sanctions Cem CetingucPosted on26 January, 2023 In 2014, following a wave of US and European Union sanctions on Russia in response … Continue ReadingPutin initiates “Pivot to the East” strategy amid EU sanctions
Categories Finance General HIGHLIGHTS Markets EBRD invested €1.63 billion in Turkey in 2022 Cem CetingucPosted on26 January, 2023 The European Bank for Reconstruction and Development (EBRD) invested €1.63 billion in Türkiye in 2022, the highest … Continue ReadingEBRD invested €1.63 billion in Turkey in 2022
Categories General HIGHLIGHTS Markets Turkey’s monthly housing sales drop drastically Cem CetingucPosted on18 January, 2023 Turkish home sales fell 8.2 percent year-on-year in December to 207,963 houses, with sales to … Continue ReadingTurkey’s monthly housing sales drop drastically
Categories Business General HIGHLIGHTS Markets Uganda,Turkey talks begin as China railway deal comes to an end Cem CetingucPosted on14 January, 2023 Uganda has canceled all contractual work it signed with China Harbour Engineering Company to build a 273-kilometer … Continue ReadingUganda,Turkey talks begin as China railway deal comes to an end
Categories Business Company & Industry Emerging Markets HIGHLIGHTS Markets Getir is taking over the European market Cem CetingucPosted on13 January, 202313 January, 2023 FIVE YEARS AGO, investors wouldn’t return Nazim Salur’s calls. Now his company, Getir, is the biggest … Continue ReadingGetir is taking over the European market
Categories Finance HIGHLIGHTS Markets Main opposition leader joins the equity sell-off debate Atilla YeşiladaPosted on12 January, 2023 After days of gut-wrenching sales, Turkey’s volatile but lucrative stock exchange main index appreciated more … Continue ReadingMain opposition leader joins the equity sell-off debate
Categories Finance HIGHLIGHTS Markets Baris Soydan: Can currency stability last until the elections? Atilla YeşiladaPosted on12 January, 2023 “We stopped the rise in the exchange rate,” President Erdogan bragged yesterday. Has the weakness … Continue ReadingBaris Soydan: Can currency stability last until the elections?
Categories Company & Industry HIGHLIGHTS Markets Alibaba to invest 1 Billion dollars in Turkey Cem CetingucPosted on10 January, 202310 January, 2023 Chinese e-commerce giant Alibaba Group Holding Ltd is planning a logistics hub at Istanbul Airport … Continue ReadingAlibaba to invest 1 Billion dollars in Turkey
Categories General HIGHLIGHTS Markets Migrant food culture grows in Turkey despite culture resistance Cem CetingucPosted on7 December, 2022 Istanbulites take pride in being the world’s melting pot and its natural outcome: having a … Continue ReadingMigrant food culture grows in Turkey despite culture resistance
Categories General HIGHLIGHTS Markets Politics ‘Oil tanker traffic jam’ increases in Istanbul amid EU sanctions Cem CetingucPosted on7 December, 20227 December, 2022 A traffic jam of oil tankers has grown off Turkey after the imposition of a price cap … Continue Reading‘Oil tanker traffic jam’ increases in Istanbul amid EU sanctions
Categories General HIGHLIGHTS Markets Turkey receives backlash after trying to change ‘its name’ Cem CetingucPosted on7 December, 2022 In part weary of bird comparisons, the country wants everyone to say ‘Tour-key-yeh.’ The rebranding … Continue ReadingTurkey receives backlash after trying to change ‘its name’
Categories General HIGHLIGHTS Markets Politics Turkey to use FDI for increasing Africa influence Cem CetingucPosted on1 December, 2022 Turkey started to actively increase its engagement with Africa in 2005, which has seen FDI … Continue ReadingTurkey to use FDI for increasing Africa influence
