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Tag: Turkish business news

Iraq halts Kurdish crude exports after winning arbitration case against Turkey
Categories Business HIGHLIGHTS

Iraq halts Kurdish crude exports after winning arbitration case against Turkey

Atilla YeşiladaPosted on26 March, 2023

Iraq halted 450,000 barrels per day (bpd) of crude exports from the semi-autonomous Kurdistan region … Continue ReadingIraq halts Kurdish crude exports after winning arbitration case against Turkey

Ussal Sahbaz: Turkey’s housing bubble impedes innovation and productivity
Categories Business HIGHLIGHTS

Ussal Sahbaz: Turkey’s housing bubble impedes innovation and productivity

Atilla YeşiladaPosted on24 March, 2023

A report published this month included the following findings: “Economic activities in our nation’s largest … Continue ReadingUssal Sahbaz: Turkey’s housing bubble impedes innovation and productivity

Russia hesitant to renew grain deal
Categories Business General HIGHLIGHTS

Russia hesitant to renew grain deal

Atilla YeşiladaPosted on12 March, 2023

Russia’s top diplomat said Thursday that it would be “quite complicated” for Moscow to sign … Continue ReadingRussia hesitant to renew grain deal

Commentary:  Turkey’s Surreal Real Estate Bubble: On Its Last Legs?
Categories Atilla Yeşilada Business HIGHLIGHTS

Commentary:  Turkey’s Surreal Real Estate Bubble: On Its Last Legs?

Atilla YeşiladaPosted on9 March, 2023

    Turkey’s Surreal Real Estate Bubble: On Its Last Legs?   Japan’s economic miracle … Continue ReadingCommentary:  Turkey’s Surreal Real Estate Bubble: On Its Last Legs?

“Yağız Kutay Işık wrote: Earthquake taxes”
Categories Business General HIGHLIGHTS

“Yağız Kutay Işık wrote: Earthquake taxes”

Atilla YeşiladaPosted on25 February, 2023

We are currently going through a difficult time. It’s possible that the worst possible situation … Continue Reading“Yağız Kutay Işık wrote: Earthquake taxes”

VoA:  Turkey facing sanctions threat from USA
Categories Business HIGHLIGHTS Tech

VoA:  Turkey facing sanctions threat from USA

Atilla YeşiladaPosted on9 February, 20239 February, 2023

Voice of America reports that the Biden administration is working on making sanctions targeting Russia … Continue ReadingVoA:  Turkey facing sanctions threat from USA

Sinan Ciddi:  U.S. Demands More Sanctions Enforcement From Turkey
Categories Business General HIGHLIGHTS

Sinan Ciddi:  U.S. Demands More Sanctions Enforcement From Turkey

Atilla YeşiladaPosted on4 February, 2023

The U.S. government will warn Turkey that it risks losing access to key markets if … Continue ReadingSinan Ciddi:  U.S. Demands More Sanctions Enforcement From Turkey

Turkey’s trade deficit jumps 137 percent in 2022, as tourism revenues boom
Categories Business Economy HIGHLIGHTS

Turkey’s trade deficit jumps 137 percent in 2022, as tourism revenues boom

Atilla YeşiladaPosted on31 January, 2023

Cover Chart:  Turkish exports in red, Imports Blue, by Yatirim Finansman   Turkey’s tourism revenue … Continue ReadingTurkey’s trade deficit jumps 137 percent in 2022, as tourism revenues boom

Erdogan unveils the greatest state debt amnesty ever
Categories Business HYPED

Erdogan unveils the greatest state debt amnesty ever

Atilla YeşiladaPosted on29 January, 2023

President Tayyip Erdogan has announced the new ‘good news’ before the general elections. Among them … Continue ReadingErdogan unveils the greatest state debt amnesty ever

Dr. Fulya Gurbuz: Leading indicators for January show retail sales supporting  economy
Categories Business Economy HIGHLIGHTS

Dr. Fulya Gurbuz: Leading indicators for January show retail sales supporting  economy

Atilla YeşiladaPosted on28 January, 2023

According to seasonally adjusted (MA) CBRT and TURKSTAT data, in January; . In sectoral confidence … Continue ReadingDr. Fulya Gurbuz: Leading indicators for January show retail sales supporting  economy

Uganda,Turkey talks begin as China railway deal comes to an end
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

Textiles exporters rebel against strong TL
Categories Business HIGHLIGHTS

Textiles exporters rebel against strong TL

Atilla YeşiladaPosted on11 January, 2023

Turkish clothing manufacturers have asked the government for a special exchange rate they say is … Continue ReadingTextiles exporters rebel against strong TL

Categories Business HIGHLIGHTS

Erdogan invents new method to combat inflation:  Grocery chains forced to fix prices

Atilla YeşiladaPosted on11 January, 2023

Six supermarket chains in Turkey have announced that they fixed prices for thousands of products … Continue ReadingErdogan invents new method to combat inflation:  Grocery chains forced to fix prices

Economists:  Turkey is transitioning to price controls
Categories Business HIGHLIGHTS

Economists:  Turkey is transitioning to price controls

Atilla YeşiladaPosted on9 December, 2022

A strange regulation, called the ‘Regulation on the Principles and Rules to be Applied in … Continue ReadingEconomists:  Turkey is transitioning to price controls

Turkey manufacturing activity slumps badly in November
Categories Business HIGHLIGHTS

Turkey manufacturing activity slumps badly in November

Atilla YeşiladaPosted on1 December, 2022

“The headline PMI posted 45.7 in November, down from 46.4 in October and below the … Continue ReadingTurkey manufacturing activity slumps badly in November

Turkish banks face tough market in FX loan refinancing
Categories Business Company & Industry HIGHLIGHTS

Turkish banks face tough market in FX loan refinancing

Atilla YeşiladaPosted on4 November, 2022

Turkey’s current account deficit (CAD)  is expected to hit $60 bn by YE2022, and not … Continue ReadingTurkish banks face tough market in FX loan refinancing

Fatih Ozatay:  Nettlesome PPP guarantees should be revised
Categories Business HIGHLIGHTS

Fatih Ozatay:  Nettlesome PPP guarantees should be revised

Atilla YeşiladaPosted on4 November, 2022

Within the framework of the public-private partnership (PPP) model, income guarantees, which impose a significant … Continue ReadingFatih Ozatay:  Nettlesome PPP guarantees should be revised

Systemic Risk Alert as Turkish Economy Heads for Election
Categories Business HIGHLIGHTS

Systemic Risk Alert as Turkish Economy Heads for Election

Atilla YeşiladaPosted on4 November, 2022

Turkey increasingly has based her growth model on credit expansion since 2016. Yet, Turkey has … Continue ReadingSystemic Risk Alert as Turkish Economy Heads for Election

Commentary:   Is Turkey Headed For a Debt Crisis?
Categories Business Economy HIGHLIGHTS

Commentary:   Is Turkey Headed For a Debt Crisis?

Atilla YeşiladaPosted on15 October, 2022

  An unprecedented series of interest rate hikes have precipitated fears of a debt crisis … Continue ReadingCommentary:   Is Turkey Headed For a Debt Crisis?

Yetkin Report:  New EU sanctions on Russia are bad news for Turkish economy
Categories Business HIGHLIGHTS Politics

Yetkin Report:  New EU sanctions on Russia are bad news for Turkish economy

Atilla YeşiladaPosted on6 October, 2022

Erdogan’s friendship with Putin may backfire economically … Read More >Yetkin Report:  New EU sanctions on Russia are bad news for Turkish economy

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