Atilla's Musings
Turkish Banks Are Taking Losses on Mortgages After Rate Pressure
Source:Bloomberg Date:06Apr2017
We have long argued that Turkish banks are under strong pressure to lend at low margins and the current growth model based on cheap credit is unsustainable. A recent article at Bloomberg finds
EM Debt Lures Income Hunters
Source:Barron's Date:01Apr2017
This is a sample of the kind of article that actually scares me very much, being a contrarian. It is representative of my Google search on EM articles nowadays. The financial press can’t say
Trouble in Paradise
Date:01Apr2017
Our close friend and an excellent equity analyst Mr. Ercan Uysal wrote a piece on Turkish debt problem in my English language website PA Intelligence. The preface says: Turkish corporate profits
Turkey-US seek new ground in ISIL fight
Date:18Oct2016
The United States wants to ramp up joint efforts with Turkey to destroy the Islamic State of Iraq and the Levant (ISIL) in Iraq and Syria, but expects Ankara to be part of integrated efforts with
Turkey’s Erdogan struggles to realise his Middle East ambitions
Date:17Oct2016
The offensive into Jarablus in August was ostensibly to fight Isis but also to push back the Syrian Kurds, whom Ankara considers an extension of outlawed Turkish Kurdish groups, from the border