Economics Plays a Bigger Role in Turkey's Local Elections The recent local elections in Turkey have shown a significant shift in the political landscape, with the opposition breaking through and winning mayoralties in major cities. Istanbul and Ankara were two…
The Turkish Central Bank will need to hike interest rates today. The question is by how much. Currently, expectations from the market are very broad reflecting the high certaintly of the decision. That is a result of restrictive factors such…
The Turkish economy has been facing a multitude of challenges in the post-election period. The lira has been performing poorly, inflation rates are high, and regional disparities still exist. However, the new finance minister, Mehmet Simsek, has come forward with…
Turkey has essentially embraced a dollarlization policy. The reasons for this are both typical and unique. Last week, the Turkey stock exchange was halted. This event had a bit of a lag based on the sliding Turkish Lira and the…
The US policy in the Middle East will become more anti-Iranian over the next couple of months. The key date here is the Iran Nuclear Deal sign off that Trump will need to make in mid May. Here is a…
The tensions between Turkey and the Netherlands has heated up with threats of sanctions. From an investment point of view, it is politically motivated on both sides due to the elections in the Netherlands and the Turkish Referendum. The current…
The failed coup was over before it really started. It looked like a desperate attempt to overthrow the current AKP government. Unlike coups of the past in Turkey, this one did not have the support of the electorate. Firstly, about…
The AK Party (AKP) won parliamentary majority in the elections yesterday. With 316 seats out of 550 seats, it means that they do not need to form a coalition government and will be able to carry on as before. The…
There are strong reasons to think so. The recent deal between Turkey and the EU is related towards finding a solution for Syria. The fight for Aleppo could result in a large wave of migrants (500,000 plus) flowing to Turkey…
Just as Turkey seemed to be sliding into escalating violence and chaos, an opportunity arose and President Erdogan agreed to 3 Billion Euro aid package with the EU. The impetus of the deal was the increasing migration mess in Europe…
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