Turkey
Turkish doctors’ chief convicted of terrorist propaganda amid claims army hit Kurds with chemical weapons
Medics’ head who is also a forensic specialist spoke out after video showed troops releasing substance into cave.
NEMETHY: Key economic and financial drivers to watch in 2023
There is an old joke that the role of economic forecasters is to make astrologers look good. Forecasting GDP or inflation for the upcoming year with any degree of accuracy is virtually impossible, but there are some scary signs appearing.
OUTLOOK 2023: Turkey
It's election year in Turkey. Erdogan faces the fight of his life.
bneGREEN: Record 2022 for coal threatens green targets
World coal consumption reached a new high in 2022 before levelling out in 2023 and 2024, with rising usage in emerging Asian countries cancelling out falling demand in advanced economies.
Top Turkish court backs blocking of pro-Kurdish party's bank accounts ahead of elections
President Erdogan, meanwhile, drops heavy hint polls will be brought forward from scheduled mid-June date.
Mutual FDI in Eurasia has been dominated by Russia, but war and sanctions make the outlook uncertain
Mutual FDI stock in the Commonwealth of Independent States (CIS) countries grew fast until Russia went into recession in 2012, when its GDP growth sank to zero. However, it soon started to recover, with Russia playing the leading role in the region.
Putin orders surprise 36-hour Orthodox Christmas ceasefire in Ukraine war
In a surprise move, Russian President Vladimir Putin ordered a 36-hour ceasefire in Ukraine in observance of Orthodox Christmas.
January temperature records broken across Europe
Eight countries in Europe recorded all-time high temperature records for January on New Year’s Day this year. The following data draws from the visualization of meteorologist Scott Duncan and reports by the BBC, Statista reports.
Kazakhstan moves uranium exports through Middle Corridor
Kazatomprom said it was avoiding routes across Russia due to sanctions on the country.
Turkey's official headline inflation ends 2022 at 64%, base effect kicks in
Istanbul’s ENAG research group of economists calculates alternative figure of 138% y/y.
Tentative signs of improvement in Turkey’s manufacturing sector shown by December PMI
Demand remains fragile, particularly internationally, but cost pressures not as extreme as earlier in year.
Erdogan scraps retirement age requirement, move is latest pre-election sweetener
Minimum wage boosted 55%. Government-guaranteed credit splurge for small businesses expected.
PANNIER: How Putin may have leant on Turkmenistan to spike gas-for-Europe plan
President Berdimuhamedov may have put Turkish counterpart Erdogan’s nose out of joint by shelving pipeline interconnector proposal.
Outrage at ‘insult’ conviction could secure Imamoglu chance to challenge Erdogan in election
Thousands rally in Istanbul to voice anger at treatment of city’s mayor seen as abuse of democracy.
Turkish defence firm celebrates maiden flight of ‘fighter jet drone’
Baykar hopes to follow up on success of its world-renowned combat UAVs, but not much is yet known about the aircraft’s true capabilities.
Apocalypse 2050: World on course for 15% GDP fall
The world is set to see global GDP plummet by a catastrophic 15% by 2050 if current emissions trends are not reined in and global warming reaches 2.2°C by 2050.
Start of a new super cycle – fat and flat for 2023?
The global economy has been through some enormous changes in recent years, leading investors and analysts to believe we are at the start of a new high-inflation, lower-growth super-cycle that could last for as long as a decade.
Istanbul mayor and Erdogan rival Imamoglu sentenced to jail over ‘fools’ remark
Imprisonment could end prospect of Imamoglu 2023 election run against autocratic president. Other court cases under way could sideline pro-Kurdish party that could serve as kingmaker.
IMF: Global food prices to remain elevated amid war, costly energy, La Niña.
Interest rate hikes have eased price pressures, but the weather, war and material costs could keep food prices elevated for longer,
Analysts say Turkmenistan told US diplomats ‘it’s not interested’ in Caspian gas-to-Europe connector project, wants major pipeline
Ashgabat said to be signalling that “it won’t get out of bed for anything less”.
