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Murat Yetkin
02 November 2023, Thursday / Published in Politics

The crime files of a Turkish “social media influencer”, Dilan Polat

Dilan Polat, who gained fame and made much money in a short time as a “social media influencer” (with 6,8 million Instagram followers) was detained in the early morning of November 1, 2023 in İstanbul. Along with Dilan Polat, her husband Engin Polat, her sister Sıla Doğu, her brother-in-law Kürşat Polat, and Ahmet Gün, all
Dilan Polatfinancial crimesfraudGray ListMASAKMehmet Şimşekmoney launderingsocial media phenomenonSüleyman SoyluThodexTreasury and FinanceTurkish
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Murat Yetkin
24 August 2023, Thursday / Published in Economy

Will Türkiye print larger banknotes again amid inflation?

Türkiye may print 500 and 1000 Turkish Lira banknotes amid increasing inflation and currency crisis. This time last year, former Minister of Treasury and Finance, Nurettin Nebati was saying “there is no need for such measure,” when asked if there will be any banknotes with larger denomination. His ministry was obeying the instructions of President
CBRTeconomyErdoğangaye erkaninflationMehmet ŞimşekTurkeyTurkish economyTürkiye
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Fatih Özatay
10 August 2023, Thursday / Published in Economy

Resurgence of inflation in Türkiye: Turn to rationality or a red light

On August 3, Turkish Statistical Institute (TurkStat) announced a consumer price index increase of 9.5 percent for July, which is a one-month increase. Unfortunately, the annual consumer inflation is 47.8 percent. Moreover, regarding what has been happening in Türkiye since 2021, there is nothing strange about the 9.5 percent monthly uprise in the consumer price
CBRTgaye erkaninflationMehmet ŞimşekTurkeyTurkish economyTürkiye
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YetkinReport
07 July 2023, Friday / Published in Economy

Turkish people hit by a storm of tax and fee hikes

Turkish President Recep Tayyip Erdoğan has signed a series of presidential decrees that raise the value-added tax (VAT) rate from 18 percent to 20 percent and increase public fees by 50 percent. The decrees, which took effect immediately on July 7 also raise the revenues from betting to 10-15 percent and the Banking and Insurance
inflationMehmet ŞimşektaxTurkeyTurkish economyTürkiyeVAT
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YetkinReport
15 June 2023, Thursday / Published in Economy

Erdoğan: interest rates may go up but my policy remains same

Turkish President Recep Tayyip Erdoğan said that the appointment of Mehmet Şimşek as Treasury Minister should not be contemplated as a change in his cabinet’s economic policies as the former minister’s re-appointment to the post raised the expectations of a shift in low interest rate policy of Erdoğan. However he added that they “accept the
CBRTcurrencyErdoğaninflationinterest ratelow-interest rateMehmet ŞimşekmonetaryTurkeyTurkish economyTurkish liraTurkish politicsTürkiye
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Mehmet Öğütçü
12 June 2023, Monday / Published in Economy

Can Gaye Erkan keep up with her position as CBRT governor?

With her exceptional education, extensive experience, and youthful dynamism, Hafize Gaye Erkan sparked enthusiasm at home as well as abroad by assuming crucial position in economic management as the new governor of the Central Bank (CBRT). However, she has come to this position at a crucial time when the Turkish economy is so fragile with
CBRTCentral BankErdoğangaye erkangovernorHafize Gaye ErkanMehmet ŞimşekTurkeyTurkish economyTurkish politicsTürkiye
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Fatih Özatay
10 June 2023, Saturday / Published in Economy

Why does Turkish Lira keep crashing?

With the noticeable move to loosen government controls on foreign currency, combined with some uncertainty, the Turkish lira tumbled to record lows against the dollar, and one dollar skyrocketed to 23.22 on the evening of June 7. However, the rate had been just under 20 liras on the last working day before the election, while
dollarsexchangeexchange rateinflationMehmet ŞimşekTurkeyTurkish economyTurkish liraTürkiye
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Murat Yetkin
05 June 2023, Monday / Published in Politics

Will the new cabinet members have a say in Erdoğan’s rule?

On June 3, President Recep Tayyip Erdoğan first took the oath of office at the Turkish Grand National Assembly and began his third term as president after winning the elections on the second round on May 28. Then he laid flowers at the mausoleum of Mustafa Kemal Atatürk at Anıtkabir in the rain, and later,
Hakan FidanMehmet ŞimşekmitNational İntelligencePKKSwedenTurkeyTurkish cabinetTurkish economyTurkish electionsTürkiye
  • Rising new fascism aims to push the lower-class lower23 November 2023
  • Establishing a balanced “Give-and-Take” in energy diplomacy of Türkiye23 November 2023
  • Gaza ceasefire: Egypt and Qatar mediated, Türkiye unmentioned22 November 2023
  • Erdoğan is giving up 50+1 percent: MHP or lifetime presidency?20 November 2023
  • Erdoğan slammed Scholz in Berlin, but what he have gained?18 November 2023
  • Ankara eyes German OK for Eurofighters ahead of Erdoğan’s visit17 November 2023
  • Turkish parliament postponed Sweden’s NATO accession deliberations16 November 2023
  • 27 patients from Gaza transferred to Türkiye for treatment16 November 2023
  • On the verge of another crisis: Erdoğan and Scholz’s duel over Israel16 November 2023
  • The Islamic countries shout out loud, but Israel pays no attention. Why?13 November 2023
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