Turkish economy: Timely reporting and analysis of economic developments in Turkey with all its structural problems, as one of world’s 20 biggest economies
We hear a lot lately: ‘But the Turkish opposition does not have an economic program to solve the economic problems.’ Leave aside the political arguments and look at the issue within the framework of...
Only ten days after getting appointed as the head of Turkish State Railways (TCDD), Abdülkerim Murat Atik got fired on September 14. That was the last example of Erdoğan’s one-after-other appointments in top positions...
One of the most interesting – in fact, more correct to say weird – developments of the last week were the words of Şahap Kavcıoğlu, The Governor of the Turkish Central Bank (CBRT), who...
A sovereign credit rating is an evaluation of a country’s creditworthiness. They can be provided at the request of a country to assess its economic and political environment. Receiving a good rating allows the...
The Turkish Central Bank’s July survey forecast the year-end value of the Turkish lira the USD at 8.99 liras per dollar from the 8.95 last month.According to the Survey of Market Participants, the forecast...
Turkish e-commerce platform Hepsiburada has become the first Turkish company to be offered to the public on NASDAQ, the U.S. stock exchange where technology giants are traded. The company was valued at $3.9 billion...
The Central Bank has raised its U.S. dollar exchange rate and inflation forecasts for the end of the year, as it predicts a higher-than-expected growth rate.According to the June results of the Survey of...
President Tayyip Erdoğan told in a May 26 video conference the executives of 20 prominent U.S. firms that he and U.S. President Joe Biden are seeking a new era in mutual ties despite everything,...
Polish President Andrzej Sebastian Duda paid an official visit to Turkey on 24 May upon an invitation by President Recep Tayyip Erdoğan. On the same day, at a ceremony attended by Duda and Erdoğan,...
Turkey’s ties with the United States and European Union have been deteriorating in recent years, but there’s one major Western power with whom its relations have been deepening: the United Kingdom – such that...
