Categories Economy General HIGHLIGHTS Politics Erdoğan pledges to protect Turkey against high inflation Cem CetingucPosted on7 April, 2022 President Recep Tayyip Erdoğan on April 7 vowed to protect the nation against rising inflation, … Continue ReadingErdoğan pledges to protect Turkey against high inflation
Categories Company & Industry Economy Finance HIGHLIGHTS S&P Global Ratings Cuts Turkey Local Currency Rating amid Russian war Cem CetingucPosted on4 April, 2022 S&P Global Ratings cut Turkey’s local currency credit rating further into junk, while keeping a … Continue ReadingS&P Global Ratings Cuts Turkey Local Currency Rating amid Russian war
Categories Economy General HIGHLIGHTS HYPED Turkey’s inflation at 61 percent in March Cem CetingucPosted on4 April, 2022 Yearly inflation in Turkey hit 61.14% in March, the country’s statistical authority said on Monday, … Continue ReadingTurkey’s inflation at 61 percent in March
Categories Economy General HIGHLIGHTS Markets Turkey, Poland economy hurt most by war on Ukraine – S&P Cem CetingucPosted on31 March, 202231 March, 2022 The economies of Turkey and Poland will suffer most in major emerging markets from the … Continue ReadingTurkey, Poland economy hurt most by war on Ukraine – S&P
Categories Business Economy General HIGHLIGHTS As Turkey’s economy reels, speculative traders and well-off insiders see opportunity to profit Cem CetingucPosted on23 March, 2022 As most of the Turkish public saw their savings and purchasing power melt away, 40-year-old … Continue ReadingAs Turkey’s economy reels, speculative traders and well-off insiders see opportunity to profit
Categories Economy General HIGHLIGHTS Politics 70 percent of AKP voters think Turkey’s economy is got worse Cem CetingucPosted on23 March, 2022 A new survey by the Aksoy Research company has found that an overwhelming majority of … Continue Reading70 percent of AKP voters think Turkey’s economy is got worse
Categories Economy General HIGHLIGHTS Macro Snapshot: Labour Force Statistics Cem CetingucPosted on11 March, 202211 March, 2022 Labour force decreased by 22k MoM to 33.8mn and participation rate decreased by 0.1 MoM … Continue ReadingMacro Snapshot: Labour Force Statistics
Categories Economy HIGHLIGHTS Politics Meral Akşener condemns economic policies of Turkish government Cem CetingucPosted on20 January, 2022 İYİ (Good) Party leader Meral Akşener on Jan. 19 expressed criticism against the government for its economic … Continue ReadingMeral Akşener condemns economic policies of Turkish government
Categories Economy General HIGHLIGHTS Politics Erdogan persists on Economic Policy as Turkey’s Inflation Rises, Currency Crashes Cem CetingucPosted on13 January, 202213 January, 2022 Turkey’s economy had a difficult year, with its currency depreciating and inflation skyrocketing. Experts warn … Continue ReadingErdogan persists on Economic Policy as Turkey’s Inflation Rises, Currency Crashes
Categories Economy HIGHLIGHTS Politics Kılıçdaroğlu promises economy will recover, if elected Cem CetingucPosted on20 December, 2021 The leader of the main opposition party, Kemal Kılıçdaroğlu, has reiterated his vow to recover the … Continue ReadingKılıçdaroğlu promises economy will recover, if elected
Categories General HIGHLIGHTS Politics President Erdoğan: “Sooner or later inflation will fall” Cem CetingucPosted on20 December, 202120 December, 2021 President Recep Tayyip Erdoğan vowed on Dec. 19 to rein in inflation and reinstated his … Continue ReadingPresident Erdoğan: “Sooner or later inflation will fall”
Categories HIGHLIGHTS Politics Simon A. Waldman: Why Erdogan Will Survive Turkey’s Horrifying Crash Atilla YeşiladaPosted on19 December, 2021 Turkey’s economy is in free fall, but this is unlikely to end the reign of … Continue ReadingSimon A. Waldman: Why Erdogan Will Survive Turkey’s Horrifying Crash
Categories Economy Finance HIGHLIGHTS Macro Snapshot: Outstanding External Loans Received by Private Sector Cem CetingucPosted on16 December, 2021 In October, private sectors’ outstanding ST debt (included trade credits) increased by USD6.4bn to USD48.6bn … Continue ReadingMacro Snapshot: Outstanding External Loans Received by Private Sector
Categories Business Economy HIGHLIGHTS Apparel exports boom while retailers fight for survival amid Turkey’s economic crisis Cem CetingucPosted on9 December, 2021 The country’s currency, the lira, has lost almost half its value against the dollar so … Continue ReadingApparel exports boom while retailers fight for survival amid Turkey’s economic crisis
Categories Economy HIGHLIGHTS The price of Turkish Lira’s collapse gets heavy Cem CetingucPosted on25 November, 202125 November, 2021 Istanbul’s sky is as gloomy as the mood in the households and on the streets … Continue ReadingThe price of Turkish Lira’s collapse gets heavy
Categories Economy Politics Kılıçdaroğlu criticizes economic policy, warns citizens of possible price hikes Cem CetingucPosted on7 October, 20218 October, 2021 The Republican People’s Party (CHP) leader Kemal Kılıçdaroğlu criticized the government for its economic policies and … Continue ReadingKılıçdaroğlu criticizes economic policy, warns citizens of possible price hikes
Categories Economy Turkey’s inflation bursts at seems Cem CetingucPosted on7 October, 2021 Annual inflation rose to 19.58 in September from 19.25 per cent in August, according to … Continue ReadingTurkey’s inflation bursts at seems
Categories General Turkey’s economy bounces back with record 21.7% growth in Q2 Cem CetingucPosted on1 September, 2021 Turkey’s economy rebounded powerfully in the second quarter to grow at a record pace after … Continue ReadingTurkey’s economy bounces back with record 21.7% growth in Q2
Categories Economy HIGHLIGHTS Mustafa Sonmez: Erdogan plays with fire to spur economic growth Atilla YeşiladaPosted on12 August, 2021 According to BloombergHT and AA Finance polls economists don’t anticipate a rate cut in Thursday’s … Continue ReadingMustafa Sonmez: Erdogan plays with fire to spur economic growth
Categories Business Company & Industry Economy Mevlut Çavuşoğlu on ASEAN Cem CetingucPosted on9 August, 20219 August, 2021 Asia, the cradle of some of the oldest civilizations, has again been gaining a pivotal … Continue ReadingMevlut Çavuşoğlu on ASEAN