Categories General HIGHLIGHTS Robert Ellis: Turkey is the Hole in the Western Security Bucket Atilla YeşiladaPosted on18 March, 2024 Faced with the consequences of years of economic mismanagement, the keyword in Turkey now is … Continue ReadingRobert Ellis: Turkey is the Hole in the Western Security Bucket
Categories Atilla Yeşilada Finance HIGHLIGHTS Atilla Yesilada: Will Central Bank of Turkey dare hike rates? Atilla YeşiladaPosted on18 March, 2024 I consider the CBRT MPC to be held on Thursday as one of the most … Continue ReadingAtilla Yesilada: Will Central Bank of Turkey dare hike rates?
Categories Atilla Yeşilada Finance HIGHLIGHTS Fitch raises Turkey’s credit rating, the country is heading for a currency crisis Atilla YeşiladaPosted on16 March, 2024 Fitch rewarded economy czar Mehmet Simsek for orthodox policies. •What is important: The TIMING … Continue ReadingFitch raises Turkey’s credit rating, the country is heading for a currency crisis
Categories Finance HIGHLIGHTS Markets Cyprus Economy Bank: FX turbulence stopped by CBRT measures; stock market collateral damage Atilla YeşiladaPosted on14 March, 2024 Turkish financial markets ended yesterday with an unpleasant tone. At first you may think that … Continue ReadingCyprus Economy Bank: FX turbulence stopped by CBRT measures; stock market collateral damage
Categories Economy Finance BofA ML Türkiye Focus: 1Q pessimism is likely temporary Atilla YeşiladaPosted on13 March, 2024 The effect of wage increases, acceleration in loans and speculative FX demand was felt clearly … Continue ReadingBofA ML Türkiye Focus: 1Q pessimism is likely temporary
Categories Economy Is Bank Research: Massive improvement in January current account deficit, more to come.. Atilla YeşiladaPosted on12 March, 2024 Current account deficit became 2.6 billion USD in January. Current account posted a deficit of … Continue ReadingIs Bank Research: Massive improvement in January current account deficit, more to come..
Categories Business Company & Industry HIGHLIGHTS Turkey aims to become world’s ‘biggest’ textile producer Cem CetingucPosted on12 March, 2024 Türkiye’s textile industry told Texhibition Istanbul attendees and Just Style its ultimate aim is to … Continue ReadingTurkey aims to become world’s ‘biggest’ textile producer
Categories Atilla Yeşilada HIGHLIGHTS Politics Video—Turkey’s local elections: Can Erdogan recapture three major cities? Atilla YeşiladaPosted on10 March, 2024 Turkey’s municipal elections will be held on 31st of March. At stake are Turkey’s … Continue ReadingVideo—Turkey’s local elections: Can Erdogan recapture three major cities?
Categories Economy General HIGHLIGHTS GDP data: Long way to go to rebalance Turkish economy Cem CetingucPosted on10 March, 2024 Turkey’s fourth-quarter GDP data showed that private spending has accelerated despite an increasingly restrictive policy stance … Continue ReadingGDP data: Long way to go to rebalance Turkish economy
Categories HIGHLIGHTS Politics President Erdogan claims this could be his final term Atilla YeşiladaPosted on9 March, 2024 Turkey’s President Recep Tayyip Erdogan said on Friday that the country’s March local elections would … Continue ReadingPresident Erdogan claims this could be his final term
Categories Company & Industry General Apikur: Oil producers deny the resumption of exports to Turkey Cem CetingucPosted on6 March, 2024 The Kurdistan Oil Industry Association (Apikur) said on Saturday that the Iraqi executive, the Kurdistan … Continue ReadingApikur: Oil producers deny the resumption of exports to Turkey
Categories Finance HIGHLIGHTS Morgan Stanley: What’s Next After February Inflation? Atilla YeşiladaPosted on5 March, 2024 The CBT will likely wait for March inflation before deciding on further hikes We think … Continue ReadingMorgan Stanley: What’s Next After February Inflation?
Categories General HIGHLIGHTS Turkish exports to Russia cut by one-third amid US sanctions Cem CetingucPosted on5 March, 20245 March, 2024 The volume of shipments from Türkiye to Russia decreased by 33% in February, amounting to … Continue ReadingTurkish exports to Russia cut by one-third amid US sanctions
Categories Economy HIGHLIGHTS Mehmet Simsek lays out post-election policy course Atilla YeşiladaPosted on4 March, 2024 Treasury and Finance Minister Mehmet Şimşek appeared on financial TV broadcaster BloombergHT’ s morning news … Continue ReadingMehmet Simsek lays out post-election policy course
Categories Economy ING: Turkey faces continuing price pressures Atilla YeşiladaPosted on4 March, 20244 March, 2024 Annual Turkish inflation came in higher than expected in February, and it’s expected to go … Continue ReadingING: Turkey faces continuing price pressures
Categories HIGHLIGHTS Politics OPINION: Who is ahead in Istanbul and Ankara? Atilla YeşiladaPosted on2 March, 2024 Pro-opposition conservative daily KARAR’s columnist (Ms) Semra Alkan shared her impressions from the campaign trail … Continue ReadingOPINION: Who is ahead in Istanbul and Ankara?
Categories Business HIGHLIGHTS Will Turkmeni gas flow to Europe through Turkey? Atilla YeşiladaPosted on2 March, 2024 Ankara is positioning to become Europe’s premier supplier of natural gas, as the static war … Continue ReadingWill Turkmeni gas flow to Europe through Turkey?
Categories Business HIGHLIGHTS Exporters to lobby against strong TL policy, Mehmet Simsek Atilla YeşiladaPosted on28 February, 2024 The Central Bank’s declaration in its recent Inflation Report that “TL will continue to appreciate … Continue ReadingExporters to lobby against strong TL policy, Mehmet Simsek
Categories General HIGHLIGHTS Do Turkey’s Islamists want a Sharia state? Atilla YeşiladaPosted on27 February, 2024 Turkey’s myriad Sunni tariqats are increasingly coming out of the woodwork, demonstrating visibly and loudly … Continue ReadingDo Turkey’s Islamists want a Sharia state?
Categories General HIGHLIGHTS Politics Somalia Signs Defense Pact with Turkey amid tensions Cem CetingucPosted on27 February, 2024 As the world watches the Houthi maritime insurgency in the Red Sea, a new geopolitical … Continue ReadingSomalia Signs Defense Pact with Turkey amid tensions