Turkey

Erdogan lashes out at ‘terror of lies’ as criticism mounts over Turkey’s wildfire disaster response

bne IntelIiNews August 5, 2021

Ankara prosecutor investigating social media postings. Broadcasting watchdog warns TV stations about airing reports impacting morale of firefighters and public.

Turkey’s Getir in partnership talks with local car rental app MOOV

Akin Nazli in Belgrade August 4, 2021

Online groceries delivery player has followed an aggressive expansion strategy that has this year taken it to London, Amsterdam, Berlin and Paris.

Turkey’s central bank in a bind as official inflation moves to 5 bps below policy rate

bne IntelIiNews August 3, 2021

Some analysts now see prospect of rate cuts during remainder of year as off the table.

ISTANBUL BLOG: Reduced to tossing bags of tea, Erdogan’s having a bad wildfire crisis

bne IntelIiNews August 2, 2021

Turks stunned to find country has no firefighting planes. Presidential aide appears tone deaf as he gripes #HelpTurkey campaign is meant to make the state look “incapable”.

Turkey’s manufacturing PMI hits six month high in July as virus brake removed

bne IntelIiNews August 2, 2021

Coronavirus cases are, however, again on the rise. Analysts fear growth plans could once more be hindered.

Turks left with only poor second-hand car choices amid realities of country’s economic crisis

Akin Nazli in Belgrade August 2, 2021

More than half of 2.3mn used cars that changed hands in January to June were more than 10 years-old, while 82% were older than five years-old.

Turkey evacuates thousands of tourists amid hellish wildfire scenes

bne IntelIiNews July 31, 2021

Heat intensity of infernos measured with satellite data reportedly four times higher than anything on record for the nation.

Georgia may be most homophobic country in Europe data suggests

bne IntelIiNews July 28, 2021

Orthodox Christian priests participated in riot that caused cancellation of Tbilisi Pride, but research suggests homophobia is prevalent throughout Georgian society. Turkey ranked second most homophobic.

Azerbaijan’s top cleric under fire for pro-Iran remarks

Ulkar Natiqqizi for Eurasianet July 27, 2021

The remarks earned the country’s senior Islamic official a rebuke from a senior adviser to Turkey’s president and a smear campaign in Azerbaijani pro-government media.

bneGREEN: EU takes carbon pricing initiative with CBAM

bne IntelliNews July 27, 2021

The EU on 14 July unveiled the details of its proposed Carbon Border Adjustment Mechanism, which aims to protect EU CO2 emitters from carbon leakage by making exporters to the EU market pay for the CO2 they produce.

Erdogan prepares to crack down on Turkey’s increasingly influential independent media

bne IntelIiNews July 25, 2021

Announcement of impending regulation comes amid smear campaign against outlets receiving financial support from US-based Chrest Foundation.

Erdogan’s relations with West in danger of renewed deterioration in ‘Varosha’ row

bne IntelIiNews July 23, 2021

Merkel remarks that she “wants close relations with Ankara, but does not anticipate Turkey's accession to the EU”.

Turkey extends 'undeclared state of emergency'

Akin Nazli in Belgrade July 22, 2021

Erdogan administration has in fact held on to emergency regime powers ever since the failed July 2016 coup attempt. Yet a lot of reporting on the country fails to take that into account.

New rector at Istanbul university at centre of Erdogan protests expected to be ‘harsher’

Akin Nazli in Belgrade July 21, 2021

New acting appointee dismisses outspoken academic and declines to approve autumn semester classes that were to be taught by a dissident lecturer. Demonstrations at university are continuing.

bneGREEN: Global investors turn to green energy and away from fossil fuels

Richard Lockhart in Edinburgh July 21, 2021

The world’s largest global debt and equity investors are continuing to invest in renewable energy despite the pandemic, driven by the wealth of investment opportunities, the Institute for Energy Economics and Financial Analysis said.

Turkmenistan: Going for gold

Akhal-Teke: Eurasianet July 20, 2021

Ashgabat has great confidence these days in its Europe-bound exports. Plus, a mysterious tragedy on the Afghan border. Eurasianet's weekly Turkmenistan briefing.

Turkey extends financial restructuring law by two years

Akin Nazli in Belgrade July 20, 2021

If creditors covering 2/3 of a syndicated loan agree to a restructuring with the debtor, the other creditors can be obliged to go along with the deal. Forbearance measures, meanwhile, make it impossible to track lending to Turkish real sector.

UK waste exporters welcome Turkey U-turn on accepting shipments of plastics

Akin Nazli in Belgrade July 18, 2021

Campaigners, who say such waste is being dumped and burned, say it is concerning Turkish government has so quickly succumbed to industry lobbying.

bneGREEN: Drought causes mass livestock die-offs and irrigation water shortages in Central Asia

bne IntelIiNews July 15, 2021

Studies detect shifts in precipitation patterns in the Tian Shan mountains that supply region with much of its freshwater.

Erdogan’s calls for rate cuts unmet as Turkey’s central bank sticks to 19% benchmark

bne IntelIiNews July 14, 2021

Regulator cites risks in inflation outlook. Denied cheaper money, president may now turn to selling rapid rebound in economy.

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