• Economic News Updates

    Economic News Updates

    For each market we cover, OBG produces regular economic research available on our website, by email subscription and via RSS feed. Free to access, our Economic Updates are targeted at those looking for regular comment on key sector developments.

Filter by
Displaying 253 to 258 of 353

Economic Update | Sell Offs and Seizures

22 Jul 2010

With the courts taking two steps back - and then one giant leap forward - in the privatisation of Turkey's giant state oil refiner this week, the country's troubled sell-off programme appeared to be stumbling forwards once again. Yet there is still a long way to go if the government is to meet its ambitious privatisation targets, while the inventory of assets still up for sale by the state grows steadily longer.

Economic Update | Slip Sliding Away

22 Jul 2010

After over a year of strong gains by Turkey's currency against the US dollar, last week saw business perhaps return to usual on the Istanbul markets, with the Turkish lira (TL) once again on the slide. However, while political uncertainties caused by a row over education reform may have added to analysts' risk calculations, it was largely straightforward financial and economic factors that were decisive in the new forex movements.

Economic Update | Futures and the Fund

22 Jul 2010

When Turkey's finances crashed dramatically back in February 2001, intervention by the IMF was widely seen as having saved the day for the country's battered economy. Yet now - three years and around $18bn later - the Fund may be about to find itself nowhere near as welcome in the corridors of political Ankara.

Economic Update | A Roof above Their Heads

22 Jul 2010

While market watchers are now looking back at 2003 as something of a non-starter for Turkey's real estate and construction sectors, there are now signs that 2004 could yield some more positive developments. With prices stabilising, the forecast now is for a steady increase in the months ahead, with several areas likely to see more significant growth.

Economic Update | Banking on the Future

22 Jul 2010

With a good new crop of statistics in this week on the state of the nation's economy, there was also some focusing on the state of the nation's banks. This came in on the back of news of an important merger, and of some more worrying news from a previously welcomed share bid.

Economic Update | Ballots, 'Sell Outs' and Sell Offs

22 Jul 2010

In a week of pregnant pauses, while the nation awaited the outcome of Sunday's local elections and a new round of negotiations on Cyprus, the government's privatisation strategy also looked to be imminent, if not yet actual. Delays in formulating strategies were compounded too by news that the body set up to sell off Turkey's state industries - thereby helping save the country from penury - was itself substantially in debt.