Categories Economy HIGHLIGHTS S&P upgrades Turkey’s rating to ‘B+’ amid economic stabilization Cem CetingucPosted on7 May, 2024
Categories Economy HIGHLIGHTS Turkey’s April trade deficit expands, Trade Ministry reports Cem CetingucPosted on7 May, 2024
Categories General HIGHLIGHTS 30 percent of Turkish children reportedly raised by ‘toxic parents’ Cem CetingucPosted on7 May, 2024
Categories General HIGHLIGHTS Video: Simsek announces new measures to resuce Turkish economy. Will they be enough? Atilla YeşiladaPosted on7 May, 20247 May, 2024
EU Chief highlights Turkey’s eastern mediterranean role European Council President Charles Michel expressed Brussel’s willingness to collaborate constructively with Türkiye, citing shared interests in … Continue ReadingEU Chief highlights Turkey’s eastern mediterranean role
Categories Economy HIGHLIGHTS Timothy Ash comments on the rate hike decision: “flexible exchange rate will attract capital inflows” Güldem AtabayPosted on22 June, 202322 June, 2023 In the end the markets were disappointed, with the new CBRT governor, Erkan, only managing … Continue ReadingTimothy Ash comments on the rate hike decision: “flexible exchange rate will attract capital inflows”
Categories Economy HIGHLIGHTS Turkey seeks Gulf investments in energy and defense sectors after UAE talks Güldem AtabayPosted on22 June, 2023 The visit by Turkish Vice President Cevdet Yilmaz and Finance Minister Mehmet Simsek signifies Turkey’s … Continue ReadingTurkey seeks Gulf investments in energy and defense sectors after UAE talks
Categories Economy HIGHLIGHTS Central bank rate hike falls short of expectations, rate decision note weak Güldem AtabayPosted on22 June, 202322 June, 2023 Turkey’s Central Bank hiked interest rates by 650 basis points to 15% for the first … Continue ReadingCentral bank rate hike falls short of expectations, rate decision note weak
Categories Economy HIGHLIGHTS Gedik Invest: Trending towards a normalization in economy policies; its sustainability is crucial Atilla YeşiladaPosted on22 June, 2023 Mehmet Şimşek, following his appointment as the new Treasury and Finance Minister, expressed that Turkey … Continue ReadingGedik Invest: Trending towards a normalization in economy policies; its sustainability is crucial
Categories Finance HIGHLIGHTS Markets Latest Central Bank rate hike predictions Atilla YeşiladaPosted on22 June, 2023 Turkey’s central bank is expected to raise its policy rate sharply on Thursday in a … Continue ReadingLatest Central Bank rate hike predictions
Categories General HIGHLIGHTS Devin Haas: What Erdoğan’s re-election means for NATO and Ukraine Atilla YeşiladaPosted on21 June, 2023 Longtime Turkish leader Recep Tayyip Erdoğan last month won re-election and yet another term in … Continue ReadingDevin Haas: What Erdoğan’s re-election means for NATO and Ukraine
Categories Business HYPED Turkey Claims Huge 1-Billion-Barrel Oil Discovery in South East Atilla YeşiladaPosted on21 June, 2023 Turkish Petroleum (TPAO) has made the largest crude oil discovery onshore Turkey with a find … Continue ReadingTurkey Claims Huge 1-Billion-Barrel Oil Discovery in South East
Categories HIGHLIGHTS Politics Russia pushes for Turkish withdrawal from Syria: Proposed timetable revealed Güldem AtabayPosted on21 June, 2023 The proposal will be presented during the ongoing Astana talks in Kazakhstan, where Russia aims … Continue ReadingRussia pushes for Turkish withdrawal from Syria: Proposed timetable revealed
Categories HIGHLIGHTS Politics Swedish FM: Time has come for Turkey to ratify Sweden’s NATO bid Güldem AtabayPosted on21 June, 2023 “Our judgment is that we have done what was expected of us, now it is … Continue ReadingSwedish FM: Time has come for Turkey to ratify Sweden’s NATO bid
Categories HYPED Politics What is next for Turkey’s demoralized opposition? Atilla YeşiladaPosted on21 June, 2023 As he celebrated a victory set to cement his rule for a quarter of a … Continue ReadingWhat is next for Turkey’s demoralized opposition?
Categories Finance HIGHLIGHTS CBTR governor Erkan surveys investment banks to gauge rate hike Atilla YeşiladaPosted on21 June, 2023 Prior to the historical Central Bank Monetary Policy Committee meeting, Central Bank (CBRT) Governor Hafize … Continue ReadingCBTR governor Erkan surveys investment banks to gauge rate hike
Categories General HIGHLIGHTS Columnist: High ranking AKP bureaucrat lobbying to have Simsek sacked Atilla YeşiladaPosted on20 June, 2023 Mehmet Ali Verçin, a columnist for the KARAR newspaper (conservative, anti-AKP), brought up the allegation … Continue ReadingColumnist: High ranking AKP bureaucrat lobbying to have Simsek sacked
Categories Economy Finance HIGHLIGHTS Erdogan Ally Points To ‘Painful’ Rate Hike, a wide range of rate hike forecasts clouds the picture Atilla YeşiladaPosted on20 June, 2023 Turkish President Recep Tayyip Erdogan’s influential ruling coalition partner said Tuesday that the government needed … Continue ReadingErdogan Ally Points To ‘Painful’ Rate Hike, a wide range of rate hike forecasts clouds the picture
Categories General HYPED Türkiye’s Erdogan faces challenge of rebuilding quake-hit zones after re-election Atilla YeşiladaPosted on20 June, 2023 After his re-election as Turkish president in May, Recep Tayyip Erdogan has begun a new … Continue ReadingTürkiye’s Erdogan faces challenge of rebuilding quake-hit zones after re-election
Categories Business Economy HYPED Türkiye’s consumer sentiment plunges in June Atilla YeşiladaPosted on20 June, 2023 Turkish consumer sentiment plummeted to a three-month low in June, the latest official figures released … Continue ReadingTürkiye’s consumer sentiment plunges in June
Categories Business HYPED Türkiye seeks to maintain 25% cap on rent increases Atilla YeşiladaPosted on20 June, 2023 Justice Minister Yılmaz Tunç late Monday said Türkiye was working on extending a measure limiting … Continue ReadingTürkiye seeks to maintain 25% cap on rent increases
Categories HIGHLIGHTS Politics Kilicdaroglu to stay at the helm of CHP, wants to expand Nation Alliance Atilla YeşiladaPosted on20 June, 202320 June, 2023 Main opposition Republican People’s Party (CHP) leader Kemal Kılıçdaroğlu has hinted at the possibility of … Continue ReadingKilicdaroglu to stay at the helm of CHP, wants to expand Nation Alliance
Categories Atilla Yeşilada Economy HIGHLIGHTS Video analysis: Can Mehmet Şimşek Rescue Turkish Economy? Atilla YeşiladaPosted on20 June, 2023 Video analysis: Can Mehmet Şimşek Rescue Turkish Economy? Can Mehmet Simsek rescue Turkish … Continue ReadingVideo analysis: Can Mehmet Şimşek Rescue Turkish Economy?
Categories Business HIGHLIGHTS Turkey’s inflation spiral fed by 34% hike in minimum wage Atilla YeşiladaPosted on20 June, 2023 Turkey raised monthly minimum wage by another 34% beginning on July 1, the government said … Continue ReadingTurkey’s inflation spiral fed by 34% hike in minimum wage
Categories Economy HIGHLIGHTS Mehmet Simsek startled by the budget disaster—Journalist Atilla YeşiladaPosted on19 June, 2023 Mehmet Şimşek, who has served in senior positions such as the Minister of Finance and … Continue ReadingMehmet Simsek startled by the budget disaster—Journalist