TR Economy & Updates

[Lool]

TCMB's net reserves excluding swaps reached the highest level since 2013

https://twitter.com/i/web/status/1879867102703886815

 

[Saithan]

https://twitter.com/i/web/status/1879993803622465647

RTE may have sold off the operation against YPG/PKK in exchange to lifting some sanctions

https://twitter.com/i/web/status/1879983947913801820

 

[Sanchez]

RTE may have sold off the operation against YPG/PKK in exchange to lifting some sanctions

It's weirder than that. Looks like the lifted sanctions are the same ones that were put in place to stop Turkey from doing this operation in the first place. These are the "sanction bodies" that would be used to further sanction Turkish entities if Turkey undertook an operation. Them being removed means what, I have no idea.

 

[Scott Summers]

Pfffff.

60 billion USD?

I hope this is true. Because it is a huge scandal that we dont have a highspeed train network in 2025.

China may invest $60bn in Turkey’s rail network - Global Construction Review

China is considering investing $60bn to upgrade Turkey’s rail network, South China Morning Post reports.

www.globalconstructionreview.com

 

[Scott Summers]

Iran-Afghanistan-Turkey to establish New Commercial Corridor.

Afghanistan, Iran, and Turkey Agree on Establishing a New Commercial Corridor – Bakhtar News Agency

KABUL (BNA): Afghanistan, Iran, and Turkey have agreed to establish a new trade corridor. This corridor is intended to facilitate the transportation of A

www.bakhtarnews.af

 

[Lool]

The last 1-year net improvement in the net foreign reserves of Turkey reached a staggering 120 billion dollars
Moreover, it is reported that the TCMB will report the highest gross reserves ever recorded in the history of Turkey this Thursday with the highest net reserves in the history of the republic to be announced within a month or two as it is still a bit below the highest ever recorded amount

https://twitter.com/i/web/status/1884169549366583750

 

[Saithan]

The last 1-year net improvement in the net foreign reserves of Turkey reached a staggering 120 billion dollars
Moreover, it is reported that the TCMB will report the highest gross reserves ever recorded in the history of Turkey this Thursday with the highest net reserves in the history of the republic to be announced within a month or two as it is still a bit below the highest ever recorded amount

https://twitter.com/i/web/status/1884169549366583750

Do you know how much people have been taxed to get back from the brink of death Erdogans, "I don't believe in interest rates" brought upon the people ?

 

[Scott Summers]

This is good news.

 

[fushkee]

Who will account for that minus deep?

 

[Saithan]

Renewables help Türkiye save $15 billion in gas imports - Latest News

Over the past two and a half years, solar and wind energy combined have prevented $15 billion in natural gas imports, reinforcing Türkiye’s energy independence and reducing dependency on fossil fuels, according to a report by London-based energy think tank Ember.

www.hurriyetdailynews.com

Well... that's good news, but what's the ROI (Return on Investment) on these ? Feasibility report, and who's scoring the profit and all those questions that you'd normally ask. A quick calculation shows aprox saving 6 billion/year

 

[Scott Summers]

India: “Our trade balance must double from 10 billion to 20 billion. Turkish firms should invest in India.”

India eyes double bilateral trade with Türkiye, Indian envoy says

'I'm encouraging traders and businesspeople from India to come to Türkiye and see for themselves,' says India's Ambassador to Türkiye Muktesh Pardeshi - Anadolu Ajansı

www.aa.com.tr

 

[Turkic]

Türkiye to unveil over $2B investment package next month: Minister

Noting that 2025 will be a year in which 'good news' related to high-tech investments will be announced, a top official said Wednesday the first phase...

www.dailysabah.com

Some Turkish media is serving the news as a car company other than Chery. I didn't listen to the speech myself.

 

[Saithan]

US to impose 25 percent tariffs on steel, aluminum imports - Latest News

The United States will move to impose 25-percent tariffs on steel and aluminum imports this week, President Donald Trump said Sunday, the latest in a slew of trade levies he has announced.

www.hurriyetdailynews.com

Let's see how this impacts us. I am sure these raw products are worth more when WW3 breaks out. So keeping them close at home would be better. Also for construction works and such. imo.

Plus I'd prefer we exported higher value added goods.

 

[uçuyorum]

US to impose 25 percent tariffs on steel, aluminum imports - Latest News

The United States will move to impose 25-percent tariffs on steel and aluminum imports this week, President Donald Trump said Sunday, the latest in a slew of trade levies he has announced.

www.hurriyetdailynews.com

Let's see how this impacts us. I am sure these raw products are worth more when WW3 breaks out. So keeping them close at home would be better. Also for construction works and such. imo.

Plus I'd prefer we exported higher value added goods.

Didnt they already sanction us on these