Turkey’s $200 Billion Wealth Fund Paralyzed by Internal Strife
Source:Bloomberg Date:08Sep2017
Two days after Bloomberg’s ground-breaking story on internal strife in Turkey’s pride-and-glory Sovereign Wealth Fund, CEO Mehmet Bostan was dismissed amidst accusations of poor
Turkey rift: German politicans demand economic pressure
Source:Deutsche Welle Date:30Aug2017
Top German lawmakers have urged the EU to halt aid payments to Turkey and halt talks on a new customs union deal. The calls come as Berlin has revealed details of another German national detained
Germany’s patience with Erdogan may be running out
Source:al Monitor Date:02Aug2017
Matters also took another serious turn for Turkey with the revelation that Berlin wants the European Commission to suspend work on updating the EU-Turkey Customs Union. Berlin says continuing
Tensions Escalate Between Germany and Turkey
Source:Wall Street Journal Date:27Jul2017
We have predicted with 75 odds that the conflict between Turkey and Germany will mutate into a crisis which will involve some type of sanctions. The trend seems to bear out our analysis, as this
Turkey’s Erdogan Expected to Streamline Economic Team: Sources
Source:US News World Report Date:18May2017
Erdogan’s acceptance speech on Sunday to set course for Turkey: Erdogan will certainly be crowned as AKP chief on Sunday, when he is expected to make a major policy speech. This article
Worsening Budget Puts Turkey Treasury on Borrowing Spree: Charts
Source:Bloomberg Date:09May2017
I laugh when investment banking reports still claim that fiscal anchor is the pillar of Turkish stability. It isn’t. The Ministry of Finance continues to spend even after the so-called
Turkey plans to let banks securitise loans to spur growth
Source:Gulf News Date:08May2017
It is amazing how ill-informed financial media can be at times. This article heralds securitization of Turkish bank loans as a “new thing”, which has been going on for 10 years. Neither is it a
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