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Tag: Turkey economy

Erdonomics: Perfect recipe for economical disaster
Categories General

Erdonomics: Perfect recipe for economical disaster

Cem CetingucPosted on26 July, 2022

The Turkish president is insisting on cutting interest rates when inflation is rising, causing the … Continue ReadingErdonomics: Perfect recipe for economical disaster

Turkish life standards hit the bottom due to high inflation
Categories Economy General HIGHLIGHTS

Turkish life standards hit the bottom due to high inflation

Cem CetingucPosted on16 May, 2022

Inflation in Turkey hit a two-decade high of almost 70% in April, as prices of … Continue ReadingTurkish life standards hit the bottom due to high inflation

Why are foes Turkey and Saudi Arabia fixing ties?
Categories Business General HIGHLIGHTS

Why are foes Turkey and Saudi Arabia fixing ties?

Atilla YeşiladaPosted on29 April, 2022

The killing of columnist Jamal Khashoggi by Saudi agents in Istanbul sent an already tense … Continue ReadingWhy are foes Turkey and Saudi Arabia fixing ties?

President Erdoğan: “Sooner or later inflation will fall”
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”

Macro Snapshot: Outstanding External Loans Received by Private Sector
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

+61K Turkish shop owners went bankrupt in 2021
Categories Economy General

+61K Turkish shop owners went bankrupt in 2021

Cem CetingucPosted on13 September, 2021

Main opposition Republican People’s Party (CHP) Vice Chair and Malatya MP Veli Ağbaba has criticized … Continue Reading+61K Turkish shop owners went bankrupt in 2021

Fitch Affirms Turkey at ‘BB-‘; Outlook Stable
Categories Business Economy HIGHLIGHTS

Fitch Affirms Turkey at ‘BB-‘; Outlook Stable

Atilla YeşiladaPosted on14 August, 2021

The agency issued the following statement   KEY RATING DRIVERS Turkey’s ratings reflect weak monetary … Continue ReadingFitch Affirms Turkey at ‘BB-‘; Outlook Stable

Interview with Ian Bremmer:  Turkey and Greece
Categories General HIGHLIGHTS

Interview with Ian Bremmer:  Turkey and Greece

Atilla YeşiladaPosted on1 May, 2021

The rift between Joe Biden and Recep Tayyip Erdogan runs deep as the American president … Continue ReadingInterview with Ian Bremmer:  Turkey and Greece

Fitch and S&P Global issue new reports on Turkey:  Concerns rise
Categories Economy HIGHLIGHTS

Fitch and S&P Global issue new reports on Turkey:  Concerns rise

Atilla YeşiladaPosted on23 March, 2021

  Fitch and S&P Global wrote notes about Turkey today, which express deep concern with … Continue ReadingFitch and S&P Global issue new reports on Turkey:  Concerns rise

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