Categories Economy General HIGHLIGHTS Mehmet Simsek to the rescue? Atilla YeşiladaPosted on30 May, 2023
Categories Atilla Yeşilada General HIGHLIGHTS Atilla Yesilada: Erdogan won; Turkey lost Atilla YeşiladaPosted on29 May, 2023
Categories Finance HIGHLIGHTS Markets CNBC: Turkey’s lira sinks to fresh record low after Erdogan re-election Atilla YeşiladaPosted on29 May, 2023
Categories General HIGHLIGHTS Initial election results indicate Erdogan’s lead in presidential runoff Cem CetingucPosted on28 May, 202328 May, 2023
Understanding Erdogan’s economic theory Having secured another five years as the strong man president of Tukey, along with a … Continue ReadingUnderstanding Erdogan’s economic theory
Categories Emerging Markets General Iran’s Judgement Day: 25mn infected Atilla YeşiladaPosted on19 July, 202019 July, 2020 President Hassan Rouhani said on Saturday that some 25 million Iranians may have been infected … Continue ReadingIran’s Judgement Day: 25mn infected
Categories HYPED Politics B. Duran defends Turkey’s foreign policy moves Atilla YeşiladaPosted on18 July, 202018 July, 2020 Turkey has been accused of trying to spread political Islam, monopolizing Eastern Mediterranean and meddling … Continue ReadingB. Duran defends Turkey’s foreign policy moves
Categories Finance General HIGHLIGHTS Markets Inflation scare: Turkish central bank raises FX RR ratio by 300 bps implying no rate cut this week Güldem AtabayPosted on18 July, 202018 July, 2020 As per the central bank announcement today, FX reserve requirement ratios have been increased by … Continue ReadingInflation scare: Turkish central bank raises FX RR ratio by 300 bps implying no rate cut this week
Categories Emerging Markets HIGHLIGHTS Another stain on EM story: Social unrest underway Atilla YeşiladaPosted on17 July, 202017 July, 2020 With Russia, India, South Africa and Brazil groaning under the burden of Covid-19 epidemics, low … Continue ReadingAnother stain on EM story: Social unrest underway
Categories Economy An introduction to Erdoganomics: Stealing from tomorrow to save the day Atilla YeşiladaPosted on17 July, 202017 July, 2020 President Erdogan’s economic policies don’t fit any school of economic thought known on Planet Earth … Continue ReadingAn introduction to Erdoganomics: Stealing from tomorrow to save the day
Categories Economy Finance General HIGHLIGHTS Turkish state banks fx sales add to USD100bn Editor P.A.Posted on17 July, 202018 July, 2020 Turkish state banks have doubled their short foreign currency positions in six weeks to $8.3 … Continue ReadingTurkish state banks fx sales add to USD100bn
Categories Economy June 2020 Budget: Deterioration on the outlook continues Atilla YeşiladaPosted on17 July, 202017 July, 2020 In June, Budget gave a deficit of TRY19.4bn. Albeit there was no consensus available for … Continue ReadingJune 2020 Budget: Deterioration on the outlook continues
Categories Emerging Markets General HIGHLIGHTS Goldman Sachs revises world forecasts Atilla YeşiladaPosted on17 July, 202017 July, 2020 We share excerpts from the latest Goldman Report: Recovery continues apace Globally, the world economy … Continue ReadingGoldman Sachs revises world forecasts
Categories Economy HIGHLIGHTS Turkstat: Households spend half of their budget on shelter and food Atilla YeşiladaPosted on17 July, 202017 July, 2020 Turkstat’s 2019 survey of household expenditures reveal the picture of an economy slowly sinking from … Continue ReadingTurkstat: Households spend half of their budget on shelter and food
Categories Economy Emerging Markets General HIGHLIGHTS Turkey’s fiscal dismal- and COVID-19 is not only cause Güldem AtabayPosted on16 July, 202017 July, 2020 The math is simple: Turkey’s fiscal accounts that already have been deteriorating before COVID-19 is … Continue ReadingTurkey’s fiscal dismal- and COVID-19 is not only cause
Categories Business HYPED Tech Turkish companies e-reaching out to MENA region Atilla YeşiladaPosted on16 July, 202016 July, 2020 Even though Turkey is a latecomer to e-commerce, Covid-19 lockdowns reinvigorated interest in on-line shopping … Continue ReadingTurkish companies e-reaching out to MENA region
Categories General A British couple share their experience during Turkey vacation Atilla YeşiladaPosted on16 July, 202016 July, 2020 Is Turkey safe to travel? EU says NO, Russia says YES. Why do we care? … Continue ReadingA British couple share their experience during Turkey vacation
Categories Economy HIGHLIGHTS Markets Tim Ash answers FAQ about Turkey Atilla YeşiladaPosted on16 July, 202016 July, 2020 Q: Turkey is a big EM credit, what is the foreign investor view of the … Continue ReadingTim Ash answers FAQ about Turkey
Categories Atilla Yeşilada General Turkey: Losing Her Religion Atilla YeşiladaPosted on16 July, 202017 July, 2020 The re-conversion of Hagia Sophia from museum to mosque is a despicably populist act, which … Continue ReadingTurkey: Losing Her Religion
Categories Business Tourism in emerging markets faces slow recovery from virus wipe-out: IIF Atilla YeşiladaPosted on16 July, 202016 July, 2020 The coronavirus crisis decimated tourism in developing countries such as the Dominican Republic, Turkey, Vietnam … Continue ReadingTourism in emerging markets faces slow recovery from virus wipe-out: IIF
Categories General Politics Turkey’s 2016-2018 state of emergency a ‘social genocide program’ Atilla YeşiladaPosted on15 July, 202017 July, 2020 At the forth anniversary of the Gulen-organized July coup attempt, the government an opposition still … Continue ReadingTurkey’s 2016-2018 state of emergency a ‘social genocide program’
Categories General Politics Libya: Threat of an Egypt-Turkey war? Atilla YeşiladaPosted on15 July, 202017 July, 2020 After Turkish Foreign Minister Mr Mevlut Cavusoglu turned down cease-fire offers, he pronounced that Turkish … Continue ReadingLibya: Threat of an Egypt-Turkey war?
Categories General Armenia and Azerbaijan: Deadliest clashes since 2016 Atilla YeşiladaPosted on15 July, 202017 July, 2020 One of the simmering and forgotten conflicts in Turkey’s neighborhood is the Nagorno-Karabakh controversy between … Continue ReadingArmenia and Azerbaijan: Deadliest clashes since 2016
Categories Economy Emerging Markets Finance Politics Turkey’s debt driven housing boom in June Editor P.A.Posted on14 July, 202014 July, 2020 Turkey’s house sales skyrocketed by 209.7% yoy in June 2020 and reached 190K. The breakdown … Continue ReadingTurkey’s debt driven housing boom in June
Categories Business General Bad news for Turkish tourism: EU to extend external travel ban Atilla YeşiladaPosted on14 July, 202014 July, 2020 The European Union will recommend keeping its external borders shut to Americans and most other … Continue ReadingBad news for Turkish tourism: EU to extend external travel ban