Categories Company & Industry General HIGHLIGHTS Markets Turkey: main destination for EU’s waste exports Cem CetingucPosted on25 May, 2022 Turkey is the largest destination for waste exported from the EU, with a volume of around 14.7 … Continue ReadingTurkey: main destination for EU’s waste exports
Categories Economy General HIGHLIGHTS Markets Turkish Lira’s downfall: Currency plunges most since 2021 Cem CetingucPosted on25 May, 2022 The Turkish lira plunged the most since a rout late last year, as a steep … Continue ReadingTurkish Lira’s downfall: Currency plunges most since 2021
Categories Business General HIGHLIGHTS Markets Politics Russia’s shopping centers hope to attract Turkish retailers amid war Cem CetingucPosted on24 May, 2022 Russian shopping centers and Turkish companies, represented by the United Brands Association (BMD), have been … Continue ReadingRussia’s shopping centers hope to attract Turkish retailers amid war
Categories Finance HYPED Markets Macro Thoughts: May 2022 – Shiny Happy People Atilla YeşiladaPosted on20 May, 2022 This time we’ll keep this piece short and sweet. Last month we opined that «The … Continue ReadingMacro Thoughts: May 2022 – Shiny Happy People
Categories General HIGHLIGHTS Markets Politics Turkey, Algeria sign multiple agreements, strengthen ties Cem CetingucPosted on17 May, 2022 Turkey and Algeria on Monday signed multiple new agreements as they seek to grow their … Continue ReadingTurkey, Algeria sign multiple agreements, strengthen ties
Categories General HIGHLIGHTS Markets Ministry to dismiss claims of Indian wheat import Cem CetingucPosted on17 May, 2022 The Agriculture and Forestry Ministry has dismissed claims in some media outlets suggesting that Turkey is importing wheat from India. … Continue ReadingMinistry to dismiss claims of Indian wheat import
Categories Finance HIGHLIGHTS Markets Standard Chartered: Tourism has the potential to get TL out the bind, but Ankara to squander opportunity Atilla YeşiladaPosted on14 May, 2022 Opportunity, but it may be squandered The TRY is particularly exposed to the Russia-Ukraine war. … Continue ReadingStandard Chartered: Tourism has the potential to get TL out the bind, but Ankara to squander opportunity
Categories Company & Industry Finance HIGHLIGHTS Markets Turkey Food Retail: Strong top-line growth helps deliver stable profitability Cem CetingucPosted on12 May, 2022 Strong growth momentum with trade down environment: Turkish food retailers report strong sales growth momentum … Continue ReadingTurkey Food Retail: Strong top-line growth helps deliver stable profitability
Categories Economy Emerging Markets Finance HIGHLIGHTS Markets Politics FT: Turkey dials up the pressure on banks as lira slides Güldem AtabayPosted on12 May, 2022 Turkish authorities have raised the pressure on the country’s banks to limit corporate clients’ purchases of foreign … Continue ReadingFT: Turkey dials up the pressure on banks as lira slides
Categories Company & Industry General HIGHLIGHTS Markets Tech Binance Turkey warns investors regarding Billboard scams Cem CetingucPosted on12 May, 2022 Istanbul, Turkey is awash in billboards advertising new crypto offerings from virtual asset exchanges, but … Continue ReadingBinance Turkey warns investors regarding Billboard scams
Categories Business General HIGHLIGHTS Markets Turkey-Kazakhstan trade deal aims to reach 10 Billion dollars Cem CetingucPosted on11 May, 2022 Erdoğan and President Kassym-Jomart K. Tokayev of Kazakhstan held a joint press conference following their meeting … Continue ReadingTurkey-Kazakhstan trade deal aims to reach 10 Billion dollars
Categories Finance HYPED Markets Bloomberg: Turkey Bond-Guarantee Plan Leaves Foreign Investors Underwhelmed Atilla YeşiladaPosted on10 May, 2022 The Turkish central bank’s plan to attract hard-currency inflows is getting negative reviews from some … Continue ReadingBloomberg: Turkey Bond-Guarantee Plan Leaves Foreign Investors Underwhelmed
Categories Business Company & Industry General HIGHLIGHTS Markets WTO decides in favor of Turkey in steel import case Cem CetingucPosted on6 May, 2022 A panel of the World Trade Organization (WTO) has supported Turkey’s complaints and ruled that … Continue ReadingWTO decides in favor of Turkey in steel import case
Categories Business Company & Industry HIGHLIGHTS Markets Global oil industry undergoes a serious problem Cem CetingucPosted on5 May, 2022 The oil market is undergoing a serious production problem, warns one analyst, even as prices … Continue ReadingGlobal oil industry undergoes a serious problem
Categories General HIGHLIGHTS Markets Politics Turkey’s hope for tourism revival losts with Russian war Cem CetingucPosted on5 May, 20225 May, 2022 Despite many Russian dissidents and young professionals arriving in Turkey following the Russian invasion of Ukraine, the … Continue ReadingTurkey’s hope for tourism revival losts with Russian war
Categories General HIGHLIGHTS Markets Global warming can wipe out 4 percent of global GDP by 2050 Cem CetingucPosted on27 April, 202227 April, 2022 Climate change could see 4% of global annual economic output lost by 2050 and hit … Continue ReadingGlobal warming can wipe out 4 percent of global GDP by 2050
Categories Finance HIGHLIGHTS Markets Turkey swiftly moving to currency controls Atilla YeşiladaPosted on23 April, 2022 According to Bloomberg and its own website, Turkey’s central bank revised some reserve requirement rules … Continue ReadingTurkey swiftly moving to currency controls
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 Finance HIGHLIGHTS Markets Macro Thoughts: April 2022 – April Showers Atilla YeşiladaPosted on15 April, 202215 April, 2022 The market’s collective consciousness is likely to concentrate on the stag part of stagflation in … Continue Reading Macro Thoughts: April 2022 – April Showers
Categories Finance HIGHLIGHTS Markets Central Bank MPC: Inflation? No problem Atilla YeşiladaPosted on14 April, 2022 CBRT kept 1-week repo rate (policy rate) stable at 14%, as expected, for the forth … Continue ReadingCentral Bank MPC: Inflation? No problem