Obbligazioni valute high yield TURCHIA bond in usd e lira turca (9 lettori)
- Creatore Discussione sentex
- Data di Inizio
NoToc
old style
già anni fa un pilota della nostra aeronautica militare ,che operava anche in ambito Nato, mi diceva che tra piloti greci e turchi nn correva buon sangue , quindi nn c'è di che meravigliarsi , questi saranno sempre come cani e gatti
m.m.f
Forumer storico
...non sò la storia mà anche su altri punti la mission di questi è rompere i .....a tutti e su tutto? Evidentemente ci sarà una logica dietro tutto questo e saranno sicuri e certi di quello che fanno.
m.m.f
Forumer storico
tommy271
Forumer storico
Poco, ma sicuro... ma la diplomazia serve per appianare le divergenze.
Che un membro NATO (la Turchia) voglia vietare l'attracco delle navi NATO nei porti di un altro alleato NATO (la Grecia) mi pare un fatto singolare.
tommy271
Forumer storico
Con ogni probabilità la TOTAL si porterà appresso un incrociatore francese.
m.m.f
Forumer storico
m.m.f
Forumer storico
...singolare come acquistare armi dai Russi. Ripeto evidentemente sanno quello che fanno...
m.m.f
Forumer storico
Bloomberg - Are you a robot?
Late on May 6, Turkey’s election board invalidated the results of a March mayoral election that cost President Recep Tayyip Erdogan’s AK Party control of Istanbul. The decision sent stocks tumbling, and the opposition party called the move a coup.
What’s the back story?
Erdogan has been consolidating power for the better part of the past decade. In 2017 a constitutional referendum granted him authority to appoint ministers and judges and put much of the country’s economic policy at his discretion. Last year, the day after he was sworn in to a second term, he named his son-in-law finance minister.
Why is Istanbul so important?
The city is the country’s largest metropolis and its commercial center—more important, it’s where Erdogan got his political start. AKP has built an important patronage network there, doling out contracts for infrastructure projects to Erdogan supporters. The president told lawmakers in 2016: “If we lose Istanbul, we lose Turkey.”
What happens next?
New elections have been scheduled for June 23. Some in the main opposition party, CHP, which won narrowly in the original vote, called for a boycott, saying Erdogan’s party can’t be trusted to run a free and fair ballot. But CHP’s leadership says it will campaign again for the post, and smaller parties are aligning with them.
Six weeks of political chaos present a major threat to Turkey’s economy, which slipped into its first recession in a decade just before the March vote. The lira hit a seven-month low after the election board announced its decision, while Turkish stocks erased their 2019 gains at the next morning’s market open. The central bank is likely to face pressure to stabilize the currency by raising interest rates—a move sure to anger Erdogan, who’s consistently called for keeping borrowing costs low.
Pretty bad. The lira has experienced a series of shocks in the past year and may face more if Turkey accepts a $2 billion delivery of Russian missiles. That could provoke U.S. sanctions, on top of steel tariffs put in place last year.
Late on May 6, Turkey’s election board invalidated the results of a March mayoral election that cost President Recep Tayyip Erdogan’s AK Party control of Istanbul. The decision sent stocks tumbling, and the opposition party called the move a coup.
What’s the back story?
Erdogan has been consolidating power for the better part of the past decade. In 2017 a constitutional referendum granted him authority to appoint ministers and judges and put much of the country’s economic policy at his discretion. Last year, the day after he was sworn in to a second term, he named his son-in-law finance minister.
Why is Istanbul so important?
The city is the country’s largest metropolis and its commercial center—more important, it’s where Erdogan got his political start. AKP has built an important patronage network there, doling out contracts for infrastructure projects to Erdogan supporters. The president told lawmakers in 2016: “If we lose Istanbul, we lose Turkey.”
What happens next?
New elections have been scheduled for June 23. Some in the main opposition party, CHP, which won narrowly in the original vote, called for a boycott, saying Erdogan’s party can’t be trusted to run a free and fair ballot. But CHP’s leadership says it will campaign again for the post, and smaller parties are aligning with them.
Six weeks of political chaos present a major threat to Turkey’s economy, which slipped into its first recession in a decade just before the March vote. The lira hit a seven-month low after the election board announced its decision, while Turkish stocks erased their 2019 gains at the next morning’s market open. The central bank is likely to face pressure to stabilize the currency by raising interest rates—a move sure to anger Erdogan, who’s consistently called for keeping borrowing costs low.
Pretty bad. The lira has experienced a series of shocks in the past year and may face more if Turkey accepts a $2 billion delivery of Russian missiles. That could provoke U.S. sanctions, on top of steel tariffs put in place last year.
Fabrib
Forumer storico
Turkey's plan to clean up some $13 billion in bad energy loans, one of the worst hangovers from last year's currency crisis, is taking shape even as some banks hold out for the government to agree to safeguards and higher electricity prices...
Adding urgency to the bailout of gas and coal companies, Turkey’s currency continues to fall after having shed nearly 40% of its value against the dollar since 2017. The companies took on some $70 billion in foreign-currency loans over the last decade, one third of which have been repaid.
The loans financed an almost doubling of Turkish electricity production capacity from 2007 to 2017, and a privatization of grids. But sluggish demand and a 40% drop in prices in dollar terms in the last five years have left many of the gas and coal plants operating deep in the red, sources said.
It remains unclear what immediate impact the bailout would have on Turkey’s $156 billion annual budget, in part because many of the companies are privately-held.
“Carving out NPLs from banks is no free lunch,” said Edward Parker, managing director Fitch Ratings and head of the group that covers Turkey.
He said that if banks need cleaning up and re-capitalizing, that is a good thing for the economy even if it costs money. “The flip side is if there is a big cost then that ... can weigh on the sovereign credit,” Parker said. Reuters
Adding urgency to the bailout of gas and coal companies, Turkey’s currency continues to fall after having shed nearly 40% of its value against the dollar since 2017. The companies took on some $70 billion in foreign-currency loans over the last decade, one third of which have been repaid.
The loans financed an almost doubling of Turkish electricity production capacity from 2007 to 2017, and a privatization of grids. But sluggish demand and a 40% drop in prices in dollar terms in the last five years have left many of the gas and coal plants operating deep in the red, sources said.
It remains unclear what immediate impact the bailout would have on Turkey’s $156 billion annual budget, in part because many of the companies are privately-held.
“Carving out NPLs from banks is no free lunch,” said Edward Parker, managing director Fitch Ratings and head of the group that covers Turkey.
He said that if banks need cleaning up and re-capitalizing, that is a good thing for the economy even if it costs money. “The flip side is if there is a big cost then that ... can weigh on the sovereign credit,” Parker said. Reuters