Turkey dials up the pressure on banks as lira slides
Source:Financial Times Date:12May2022
In nutshell, Turkey has imposed de facto currency controls With the financial sector under strong political pressure from president Recep Tayyip Erdoğan, bankers say they have little choice but
Turkey Bond-Guarantee Plan Leaves Foreign Investors Underwhelmed
Source:Bloomberg Date:10May2022
The proposal would provide interest-free lira funding for investors to buy local bonds with a guaranteed 4% return in dollar terms, though discussions are ongoing and details could still change,
How Turkey is courting Russia’s oligarchs
Source:The Economist Date:08Apr2022
An article by the Economist, driven by prejudice, rather than facts. Few oligarchs parcking their yachts in Turkish marinas doesn’t present sufficient cause top claim Ankara is already
David Gardner: History may finally come knocking for Erdogan
Source:Financial Times Date:10Feb2022
The question, then, is whether the opposition can unify behind a viable candidate and set off an electoral wave he will not be able to resist. Many political analysts believe it can. “We are at
Does the EBRD still finance freedom?
Source:Financial Times Date:30Jan2022
The EBRD, whose total new investments in 2021 topped €10bn, is unique among multilateral development banks in placing a drive towards multi-party democracy at the heart of its mandate. That
Lira slide pushes young Turks to virtual working overseas
Source:Financial Times Date:29Dec2021
Opposition parties say that Turkey has already suffered an exodus of talent over the past 10 years as the country has become more authoritarian under the leadership of Erdogan, as well as
Opinion: What’s wrong with Turkey’s economy? ‘Erdoganomics.’
Source:Washington Post Date:24Dec2021
Great article by rising star Turkey expert, Ms Asli Aydintasbas. I highly recommend reading her insightfull commentary to get the “real turkey”. “Erdoganomics” is a new and evolving
Why Erdogan’s unorthodox Turkish economic experiment is not working
Source:Financial Times Date:21Dec2021
A good analysis of whether Erdogan’s economic plan has any economic underpinnings and why it will fail Professor Dani Rodrik of the Harvard Kennedy School said that for years Erdogan had
Pro-government groups own lion’s share of Turkey media scene: report
Source:Stockholm Center for Freedom Date:09Dec2021
Pro-government media groups own the overwhelming majority of newspapers, radio stations, TV channels and news websites that have the largest audience in Turkey, Turkish Minute reported on
Turkish manufacturers squeezed by soaring costs
Source:Financial Times Date:20Nov2021
A great view from the ground, which acutally explains how run-away currency depreciation will trigger a recession.. I humbly think all Turkey forecasts must be thrown into the dust bin at