Turkish economy: Timely reporting and analysis of economic developments in Turkey with all its structural problems, as one of world’s 20 biggest economies
Turkey is going through a period where the lira has lost approximately 30% of its value since the beginning of September and we are once again experiencing a currency shock. This should not be...
The proposal that “if interest rates fall, inflation will decrease” is not misleading; however, it depends on some conditions and the kind of ‘interest rate.’ An economy providing necessary conditions implies that it moves...
After the rapid depreciation of the Turkish Lira, the opposition parties held urgent meetings repeated their call for a common economy plan and early elections. There were minor marches in big cities of Turkey...
Turkey’s economic and foreign policy problems are increasing by the lack of trust in the government of President Tayyip Erdoğan. There are a few examples that immediately come to mind. First, Turkey’s Business and...
Turkish Industry and Business Association (TÜSİAD) President Simone Kaslowski called for dialogue and a sincere and solution-oriented approach to tackle problems that stemmed from “mutual distrust in Turkish-American relations.” “Tackling the problems in Turkish-American...
President Recep Tayyip Erdoğan reiterated his long stance against interest rates on Nov. 17. The following day, Central Bank Monetary Policy Board lowered the interest rate 100 basis points to 15. Turkish Lira further...
The other day I visited my old father, who had had a surgical operation on a bone fracture a while ago and stopped listening to the news bulletins since then. He says his indifference...
It is possible to say that main opposition Republican People’s Party (CHP) leader Kemal Kılıçdaroğlu aimed to kill three birds with one stone, not two, with his visit to The Union of Chambers and...
Turkish Aerospace (TA) General Manager Temel Kotil made critical statements about the company and its projects on the CNN Turk channel on November 10, 2021. Kotil gave important information about many projects conducted by...
Turkish lira depreciated at a record low level against the USD on November 11: hitting 9.91 liras against 1 dollar. After the Labor Department announced that US inflation rates hit 30 years high with...
