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Tag: Turkish economy

TURKSTAT:  Turkey’s Hogwarts
Categories Economy General

TURKSTAT:  Turkey’s Hogwarts

Atilla YeşiladaPosted on15 April, 2021

Scientifically, one of the assumptions of the theories underlying economics is that the consumers are … Continue ReadingTURKSTAT:  Turkey’s Hogwarts

Macro Focus: Recovery trend continues despite momentum loss
Categories Economy General

Macro Focus: Recovery trend continues despite momentum loss

Cem CetingucPosted on14 April, 202114 April, 2021

In February, IP increased by 0.1% MoM and 8.8% on a YoY. According to the consensus, … Continue ReadingMacro Focus: Recovery trend continues despite momentum loss

Investors turn to Bitcoin after Turkey’s economic turmoil
Categories General

Investors turn to Bitcoin after Turkey’s economic turmoil

Cem CetingucPosted on13 April, 2021

The neighbourhood teahouse is a focus of daily life across Turkey, an Ottoman tradition that has … Continue ReadingInvestors turn to Bitcoin after Turkey’s economic turmoil

Growth hopes: Gone with the Covid
Categories Economy General HIGHLIGHTS

Growth hopes: Gone with the Covid

Atilla YeşiladaPosted on12 April, 2021

Turkey’s daily coronavirus infection numbers have soared above 50,000 and President Tayyip Erdogan is likely … Continue ReadingGrowth hopes: Gone with the Covid

Unemployment rate realized as 13.4 percent in Turkey
Categories Economy General

Unemployment rate realized as 13.4 percent in Turkey

Cem CetingucPosted on12 April, 2021

Seasonally adjusted unemployment rate realized as 13.4% The number of unemployed persons aged 15 years … Continue ReadingUnemployment rate realized as 13.4 percent in Turkey

Turkey’s e-commerce volume jumped 66% in 2020
Categories Business Markets

Turkey’s e-commerce volume jumped 66% in 2020

Cem CetingucPosted on8 April, 2021

The volume of e-commerce in Turkey jumped 66% year-on-year to 226.2 billion Turkish liras ($32 … Continue ReadingTurkey’s e-commerce volume jumped 66% in 2020

CORRECTION: Turkey sold 11.7  tons of gold in February due to currency crisis
Categories Economy General

CORRECTION: Turkey sold 11.7 tons of gold in February due to currency crisis

Cem CetingucPosted on8 April, 20218 April, 2021

PATurkey was misled by the confusing text and the fact none of its editors could … Continue ReadingCORRECTION: Turkey sold 11.7 tons of gold in February due to currency crisis

CB governor to be tested on Monday
Categories Economy

CB governor to be tested on Monday

Atilla YeşiladaPosted on1 April, 2021

TL firmed on Thursday, thanks to extremely strong March export figures, which helped the monthly … Continue ReadingCB governor to be tested on Monday

Video Commentary:  Turkey on the Verge of Currency Crisis
Categories HIGHLIGHTS Markets

Video Commentary:  Turkey on the Verge of Currency Crisis

Atilla YeşiladaPosted on31 March, 2021

  Turkey on the verge of a currency crisis   President Erdogan’s one-man, no-clue governance … Continue ReadingVideo Commentary:  Turkey on the Verge of Currency Crisis

Bloomberg Economics:  Slower Growth, Higher Inflation, Weaker Lira
Categories Economy HIGHLIGHTS

Bloomberg Economics:  Slower Growth, Higher Inflation, Weaker Lira

Atilla YeşiladaPosted on31 March, 2021

After Goldman Sachs, Bloomberg Economics, too, revised its Turkey 2021 forecasts.  Bloomberg expects higher inflation … Continue ReadingBloomberg Economics:  Slower Growth, Higher Inflation, Weaker Lira

Turkey avoided recession, however high inflation and Lira volatility remains
Categories General

Turkey avoided recession, however high inflation and Lira volatility remains

Cem CetingucPosted on31 March, 2021

Relations with the EU and the US remain strained: President Erdogan won the June 2018 … Continue ReadingTurkey avoided recession, however high inflation and Lira volatility remains

Turkey: Lira shock leads to lower GDP forecast
Categories Economy HIGHLIGHTS

Turkey: Lira shock leads to lower GDP forecast

Atilla YeşiladaPosted on31 March, 2021

The lira pared its seventh day of declines as Turkey’s new central bank governor Sahap … Continue ReadingTurkey: Lira shock leads to lower GDP forecast

Reuters:  ‘We will not be able to pay our bills’: Turks set to lose a COVID-19 income support
Categories Economy General

Reuters:  ‘We will not be able to pay our bills’: Turks set to lose a COVID-19 income support

Atilla YeşiladaPosted on31 March, 2021

Amidst the confusion and loss of economic confidence caused by the swift slide of the … Continue ReadingReuters:  ‘We will not be able to pay our bills’: Turks set to lose a COVID-19 income support

Erdogan starts a political earthquake in Turkey
Categories Economy Politics

Erdogan starts a political earthquake in Turkey

Cem CetingucPosted on29 March, 2021

Vijay Prashad, Ahmet Tonak Significant developments are underway in Turkey. Most ominously, the government of … Continue ReadingErdogan starts a political earthquake in Turkey

Erdoğan firing central bank governor gamble on snap elections
Categories Economy Güldem Atabay Politics

Erdoğan firing central bank governor gamble on snap elections

Cem CetingucPosted on29 March, 202129 March, 2021

Turkey’s President Recep Tayyip Erdoğan shook international markets by firing the well-regarded governor of the … Continue ReadingErdoğan firing central bank governor gamble on snap elections

Turkey’s economic mess is a policy failure rather than a divine test
Categories Economy Politics

Turkey’s economic mess is a policy failure rather than a divine test

Cem CetingucPosted on29 March, 2021

David Lepeska President Recep Tayyip Erdogan subtly acknowledged the depth of Turkey’s financial woes in … Continue ReadingTurkey’s economic mess is a policy failure rather than a divine test

Desmond Lachman:  Will Turkey Destroy Its Own Economy?
Categories Economy

Desmond Lachman:  Will Turkey Destroy Its Own Economy?

Atilla YeşiladaPosted on26 March, 2021

On Friday, at 5 pm Istanbul time, dollar/TL trade above the critical resistance, as Borsa … Continue ReadingDesmond Lachman:  Will Turkey Destroy Its Own Economy?

Tim Ash on Turkey:  Reverse engineering
Categories Economy HIGHLIGHTS

Tim Ash on Turkey:  Reverse engineering

Atilla YeşiladaPosted on26 March, 2021

It’s interesting now reading various bank reports after the firing of Agbal, which appear to … Continue ReadingTim Ash on Turkey:  Reverse engineering

Real Turkey Channel:  How Erdogan Killed the Turkish Eeconomy in 10 Days?
Categories Economy HIGHLIGHTS Politics

Real Turkey Channel:  How Erdogan Killed the Turkish Eeconomy in 10 Days?

Atilla YeşiladaPosted on25 March, 2021

    How Erdogan killed the Turkish economy in 10 days?   Between Monday and … Continue ReadingReal Turkey Channel:  How Erdogan Killed the Turkish Eeconomy in 10 Days?

Real Turkey:  Should Turkey raise interest rates? Could she?
Categories Economy Markets

Real Turkey:  Should Turkey raise interest rates? Could she?

Atilla YeşiladaPosted on16 March, 2021

    Should Turkey raise interest rates? Could she?   Real Turkey presents its Turkey … Continue ReadingReal Turkey:  Should Turkey raise interest rates? Could she?

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