Turkiye: 51% New Vehicles are Electric, 60% Power from Renewables, amid Hormuz Energy Shock
Ann Arbor (Informed Comment) – The Israeli-US war on Iran, initiated six months ago, cost consumers around the…
Türkiye’s economic confidence rises above key threshold in August
Türkiye’s economic confidence index rose above the 100-point threshold in August, official data showed Friday. The index increased…
Türkiye’s trade deficit up 13.6% despite best July exports ever
Türkiye’s foreign trade deficit widened 13.6% year-over-year despite the highest-ever July exports, with the seven-month gap climbing 8.3%,…
Household, real sector inflation expectations rise in Türkiye
Inflation expectations among households and the real sector rose in August, while expectations among market participants declined, a…
Angel-backed startup deals in Türkiye fall to fifth of 2021 peak
The number of startup investments involving business angel investment networks (BANs) in Türkiye has fallen sharply since 2021,…
Renewables drive Türkiye’s power capacity growth as solar, wind surge
Renewable energy has been the main driver behind the growth in Türkiye’s installed electricity capacity, with 88.1% of…
Turkish AI startups making their mark in Silicon Valley
Artificial intelligence startups founded by Turkish entrepreneurs are emerging as success stories, with companies such as fal.ai and…
With Terminal Istanbul, Türkiye aims to rise as global startup hub
Once a bustling transport hub, Istanbul’s Atatürk Airport is set to find a new role, and it would…
Türkiye’s trade gap widens 26% despite best June exports ever
Türkiye’s foreign trade deficit widened more than 26% last month, despite exports seeing their highest-ever June figure, official…
Fitch says sustained reserve buildup key for Türkiye rating upgrade
Fitch Ratings said on Tuesday Türkiye’s economy has remained resilient despite heightened geopolitical uncertainty, with sustained improvements in…
Türkiye’s current account deficit narrows to 7-month low
Türkiye’s current account deficit narrowed to its lowest level in seven months in May, helped by a strong…
Türkiye says disinflation back on track as June price growth eases
Türkiye’s annual inflation cooled in June after two months of faster price growth linked to the fallout from…