Turkish economy: Timely reporting and analysis of economic developments in Turkey with all its structural problems, as one of world’s 20 biggest economies
Turkish inflation keeps soaring as the latest data announced by the Turkish Statistical Institute (TÜİK) indicate a 79,6 percent annual rise in the Consumer Price Index and 144,6 percent rise in the Producer Price...
The cargo ship carrying 26 thousand tonnes of corn left Ukraine’s port of Odesa on Aug. 1 as the first shipment within the framework of the grain export deal signed under UN auspices and...
Do you know what would have happened if Russia’s Rosatom, the Akkuyu Nuclear Power Plant’s subsidiary, had not suddenly announced on July 29 that it had terminated the contract with the Turkish partner IC...
The Turkish Lira (TRY) depreciated further against the US Dollar and reached the psychological limit of 18 liras, and closed the day at 17.92 just before the US Federal Reserve announced its interest rate...
The four-way meeting with Russia, Ukraine, UN and Türkiye delegations in a bid to resolve the grain crisis in the Black held in Istanbul Türkiye. The military delegations of the Ministry of Defense of...
Türkiye owes a lot to the Greek lobby in the US Congress; mostly in the field of its arms industry. This sentence came to my mind when I read the news that 35 members...
High inflation and increasing poverty have become our most significant economic issues. Consumer inflation in June is 78.6 percent, food inflation is 93 percent, and producer inflation is 138.3 percent. The 2022 inflation rate...
After a two-day delay, the Banking Regulation and Supervision Agency (BRSA) announced the rationale and the implementation methods for its Decision numbered 10250 (‘Decision’ from now on), taken on June 24 and caused great...
Turkish national carrier brand Turkish Airlines will be renamed Türkiye Havayolları, President Recep Tayyip Erdoğan announced, as the country’s bid to change its international name from Turkey to Türkiye was acknowledged by the United...
Turkey’s opposition block formed by the six opposition parties vowed to ensure independent monetary management in the event that they came to power in a new report announced on June 13. “The Institutional Reforms...
