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Turkey’s business leaders keep quiet as economic crisis deepens (Al Monitor, Nov.5, 2020)

• 13 Kasım 2020
• English, Makale

Turkey’s economic turmoil is worsening amid a fresh bout of currency depreciation, but a deafening silence reigns over the country’s leading business groups as few seem to have the courage…Read more →

Erdogan’s boycott call against France more grandstanding than economic threat(Al Monitor, October 29, 2020)

• 1 Kasım 2020
• English, Makale

Amid a simmering row with his French counterpart, Turkish President Recep Tayyip Erdogan has urged the nation to boycott French goods, but few are likely to heed his appeal as…Read more →

Turkey’s gold rush whets appetite of gold-mining companies (Al Monitor, October 26, 2020)

• 1 Kasım 2020
• English, Makale

The economic uncertainties sparked by the COVID-19 pandemic have led to the global rise of gold as a financial safe haven. In Turkey, where the demand for gold has been…Read more →

Turkish boozers resist alcohol restrictions — sometimes at deadly risk (Al Monitor, October 19, 2020)

• 20 Ekim 2020
• English, Makale

A fresh wave of deaths from spirits has swept through Turkey amid skyrocketing liquor prices, courtesy of exorbitant taxes levied by the government, coupled with new restrictions to curb the…Read more →

Turkey eyes economic gains in backing Azerbaijan against Armenia (Al Monitor,Oct.8, 2020)

• 9 Ekim 2020
• English, Makale

Turkey has openly thrown its weight behind Azerbaijan in the Azeri-Armenian flare-up over the long-disputed enclave of Nagorno-Karabakh, in what is widely believed to be an attempt to extract concessions…Read more →

How much damage can Arab states do to Turkish economy?(Al Monitor, Oct. 2, 2020)

• 3 Ekim 2020
• English, Makale

Turkey’s ailing economy, hit by the COVID-19 pandemic atop severe currency woes since 2018, is now facing economic reprisals by Arab countries incensed with Ankara’s policies in the Middle East.…Read more →

How Turkey’s ‘zombie’ companies keep afloat ( Al Monitor, Sept. 26, 2020)

• 3 Ekim 2020
• English, Makale

Poor gradings from international credit rating agencies such as Moody’s and Fitch have relegated the Turkish economy to the underdeveloped league as Ankara grapples with long-running economic woes, exacerbated by…Read more →

Turkey pumps brakes on car imports (Al Monitor, Sept. 8, 2020)

• 20 Eylül 2020
• English, Makale

The Turkish government has enacted drastic tax measures to curb car imports as it scrambles to ease a foreign exchange crunch. The move aims to encourage the sale of locally…Read more →

Turkey’s ‘city hospitals’ threaten a financial black hole (Al Monitor, Aug..31, 2020

• 3 Eylül 2020
• English, Makale

Turkey’s so-called city hospitals — sprawling medical complexes that President Recep Tayyip Erdogan has touted as a “dream” project — have come to produce such colossal bills for taxpayers that…Read more →

Family silver next in line in Turkey’s debt crunch (Al-Monitor, Aug. 24, 2020

• 3 Eylül 2020
• English, Makale

The fresh currency turbulence in Turkey saw the price of the US dollar rise about 11% in two weeks earlier this month. But rather than hiking interest rates against the…Read more →

Economic policy reversal fraught with political risks for Erdogan (August 14 ,2020)

• 16 Ağustos 2020
• English, Makale

Unrelenting inflation and the uncontrollable slump of the Turkish lira have forced Ankara to start cooling the economy, only two months after it spurred a loan bonanza to revive consumer…Read more →

Currency tumult hits Turkey’s credit-driven revival (Al Monitor, August 10, 2020)

• 16 Ağustos 2020
• English, Makale

Pumped with cheap and abundant credit since early June, Turkey’s economy has warmed up after a pandemic-ravaged second quarter in which it is estimated to have shrunk more than 10%.…Read more →

Can Erdogan push for his ‘crazy project’ amid economic crisis?(Al Monitor, July 22, 2020)

• 23 Temmuz 2020
• English, Makale

Even though no tender date has been set for the construction of Turkey’s controversial Canal Istanbul, a project touted as "crazy" by Turkish President Recep Tayyip Erdogan in 2011, the…Read more →

Is it 12% or 52%? Turks disagree on jobless rate (Al Monitor, July 16, 2020)

• 19 Temmuz 2020
• English, Makale

The coronavirus pandemic has fueled unemployment across the world and Turkey, whose economy was already ailing, is not an exception. But when it comes to measurement, the figures vary, though…Read more →

Turkey’s ‘peg-legged’ foreign currency reserves (Al Monitor, July 10, 2020)

• 10 Temmuz 2020
• English, Makale

The US dollar stockpiles of countries have taken on a new importance amid the global economic turmoil caused by the COVID-19 pandemic. The turmoil has forced countries to review how…Read more →