English

Ankara’s interest liabilities balloon to dizzying heights(Al Monitor, April 25,2022)

• 28 Nisan 2022
• Araştırma - Haber, English

The Turkish government’s borrowing costs have drastically increased amid spiraling inflation, with the treasury’s interest liabilities reaching 1.75 trillion Turkish liras ($120 billion) in April to outstrip its principal debt…Read more →

Inflation storm worsens Turkey’s income distribution gap (Al Monitor, April 20,2022)

• 28 Nisan 2022
• Araştırma - Haber, English

Turkey’s galloping inflation, on course to top 100% in the fall, has been causing daunting income transfers from the poor to the rich, worsening further the income distribution gap in…Read more →

Turkey inflation hits 61% as fallout from Ukraine war continues (Al Monitor, April 3, 2022)

• 28 Nisan 2022
• Araştırma - Haber, English

Turkey’s annual consumer inflation jumped to a new two-decade high of 61.1% in March from 54.4% the previous month as prices rose nearly 5.5% in March alone, fueled by the commodity shock…Read more →

Turkish taxpayers outraged at cost of lira protection scheme (Al Monitor, March 25,2022)

• 28 Nisan 2022
• Araştırma - Haber, English

Public outrage is growing in Turkey over the cost of a government scheme to curb dollarization and prop up the Turkish lira, launched hastily in December to stop the dizzying…Read more →

Turkish minister’s pledge to foreign investors causes uproar at home(Al Monitor, March 18 2022)

• 21 Mart 2022
• Araştırma - Haber, English

Turkish Treasury and Finance Minister Nureddin Nebati made the headlines this week with a pledge to “take down” his country’s bureaucracy as he courted foreign investors in France. Though Turkey…Read more →

Dizzying fuel hikes fan popular grievances in Turkey(Al Monitor, March 10,2022)

• 21 Mart 2022
• English

A seemingly endless stream of fuel price hikes has sparked a nationwide outcry in Turkey, where the surge in global energy prices has been amplified by the depreciation of the…Read more →

Turkey’s inflation hits 54.4% as Ukraine crisis threatens fresh blows(Al Monitor, March 03 2022)

• 6 Mart 2022
• English, Makale

Consumer prices rose 4.8% in Turkey in February, bringing annual inflation to a two-decade high of 54.4%, official data showed March 3, as the economic fallout of Russia’s invasion of…Read more →

Turkey’s economy up 11%, but growth brings risk (Al Monitor, Feb.28 2022)

• 6 Mart 2022
• English, Makale

Turkey’s economy grew 11% in 2021, driven by domestic demand, exports and tourism, official data showed Monday. But the flashy rate has been marred by high inflation and appears hard…Read more →

In Turkey, high inflation drives home sales(Al Monitor, Feb.24,2022)

• 6 Mart 2022
• English, Makale

Home prices in Turkey have seen a staggering uptick, fueled by a combination of factors, including a rush for real estate among the well-to-do to protect their savings from inflation,…Read more →

Turkey’s economy to be hit hard by Fed’s expected interest rate hikes (Al Monitor, Feb 17,2022)

• 21 Şubat 2022
• English, Makale

Following a January increase of 7.5% in US year-on-year consumer prices, the Federal Reserve is expected to raise interest rates in its March meeting in a bid to rein in…Read more →

Pro-Erdogan business leaders anxious about Turkey’s economy (Jan.20,2022, Al Monitor)

• 7 Şubat 2022
• English, Makale

The Independent Industrialists and Businessmen Association (MUSIAD), founded in 1990 as an ally of Turkey’s political Islam movement, has stood behind President Recep Tayyip Erdogan and his party through the…Read more →

Turkish inflation hits two-decade high, inches toward 50% (Feb. 3, 2022, Al Monitor)

• 7 Şubat 2022
• English, Makale

Turkey’s consumer prices rose 11.1% in January, bringing annual inflation to 48.7%, the highest rate in two decades, data released Thursday by the Turkish Statistical Institute (TUIK) show. January’s inflation…Read more →

Turkey’s central bank continues window dressing with currency swaps(Jan.26, 2022, Al Monitor)

• 28 Ocak 2022
• English, Makale

Creating and managing perceptions seems to have become a high priority for the government of President Recep Tayyip Erdogan, as it struggles to ease Turkey’s economic turmoil and reverse its…Read more →

Turkish inflation hits highest level under Erdogan rule (Al Monitor, Jan 3, 2022)

• 4 Ocak 2022
• English, Makale

Turkey’s consumer inflation surged by a staggering 13.6 percent in December, bringing the 2021 annual rate to 36 percent — the highest under the 19-year rule of President Recep Tayyip Erdogan’s…Read more →

Turks keep holding on to dollars as mistrust in Erdogan lingers (Al Monitor, Dec.28, 2021)

• 30 Aralık 2021
• English, Makale

The jury is still out on Ankara’s scheme to encourage a return to the Turkish lira as hard-currency depositors are sticking to their assets despite a state-backed market intervention that…Read more →