pietro17elettra
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Un'altra tegola sulla fragile economia di Ankara. Ora Erdogan rischia grosso
Inflazione all'85%, la lira svalutata e i conti sballati. Consenso a picco
www.ilgiornale.it
Obbligazioni valute high yield TURCHIA bond in usd e lira turca (3 lettori)
- Creatore Discussione sentex
- Data di Inizio
www.ilgiornale.it
Absit iniuria verbis
pietro17elettra
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Turkey orders restart of crude oil flow to Ceyhan terminal- Bloomberg News
Oggi 09:34 - RSF
Feb 7 (Reuters) - Turkey has ordered the resumption of crude oil flows to the Ceyhan export terminal, Bloomberg News reported on Tuesday citing people with direct knowledge of the matter.
(Reporting by Akanksha Khushi in Bengaluru; Editing by Frank Jack Daniel)
(([email protected]
)
Oggi 09:34 - RSF
Feb 7 (Reuters) - Turkey has ordered the resumption of crude oil flows to the Ceyhan export terminal, Bloomberg News reported on Tuesday citing people with direct knowledge of the matter.
(Reporting by Akanksha Khushi in Bengaluru; Editing by Frank Jack Daniel)
(([email protected]
)
pietro17elettra
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UPDATE 2-Istanbul bourse trading halted for second time with benchmark index down 7%
Oggi 11:15 - RSF
(Adds when trading due to resume)
Feb 7 (Reuters) - Trading on the Istanbul stock market was halted for a second time on Tuesday as a market-wide circuit breaker kicked in following heavy losses in the wake of Monday's devastating earthquake in Turkey and neighbouring Syria.
The second circuit-breaker was issued at 1004 GMT, with the benchmark BIST-100 index
The stock market said trading was due to resume at 1034 GMT.
On Monday, the BIST-100 tumbled as much as 4.99% before circuit breakers came into effect, suspending trading in dozens of shares, and trading volumes remained at a fraction of last week's average at 21 billion lira ($1.12 billion), according to a research note from Ziraat Yatirim.
The magnitude 7.8 quake that hit Turkey and Syria early on Monday toppled thousands of buildings and left thousands of people injured or homeless. The total death toll in the two countries had surpassed 5,000 by Tuesday, after Turkey declared 3,419 dead.
($1 = 18.8285 liras)
(Reporting by Gdansk newsroom; Editing by Susan Fenton and Mark Potter)
(([email protected])
Oggi 11:15 - RSF
(Adds when trading due to resume)
Feb 7 (Reuters) - Trading on the Istanbul stock market was halted for a second time on Tuesday as a market-wide circuit breaker kicked in following heavy losses in the wake of Monday's devastating earthquake in Turkey and neighbouring Syria.
The second circuit-breaker was issued at 1004 GMT, with the benchmark BIST-100 index
The stock market said trading was due to resume at 1034 GMT.
On Monday, the BIST-100 tumbled as much as 4.99% before circuit breakers came into effect, suspending trading in dozens of shares, and trading volumes remained at a fraction of last week's average at 21 billion lira ($1.12 billion), according to a research note from Ziraat Yatirim.
The magnitude 7.8 quake that hit Turkey and Syria early on Monday toppled thousands of buildings and left thousands of people injured or homeless. The total death toll in the two countries had surpassed 5,000 by Tuesday, after Turkey declared 3,419 dead.
($1 = 18.8285 liras)
(Reporting by Gdansk newsroom; Editing by Susan Fenton and Mark Potter)
(([email protected]
)
pietro17elettra
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POLL-Turkish factory activity contracted in December
Oggi 12:13 - RSF
*
reuters://realtime/verb=Opener=cpurl://apps.cp./Apps/econ-polls?RIC=TRIP%3DECI
poll
ISTANBUL, Feb 7 (Reuters) - Turkey's industrial production index is expected to have continued contracting year-on-year in December, a Reuters poll showed on Tuesday, as a slowdown in some of Turkey's main trade partners hit factory activity.
Industrial activity had bounced back strongly after the initial coronavirus wave in April 2020 and expanded for more than two years straight.
But annual growth has slowed significantly since the summer, with demand declining due to the wider global slowdown. It was unclear how the major earthquake that hit the country's south on Monday might weigh in the months ahead.
The median estimate in the Reuters poll of six institutions showed a year-on-year contraction of 1.35% in the calendar-adjusted industrial production index
in December.
In November, it contracted 1.3% year-on-year, for the first time since 2020.
President Tayyip Erdogan's economic programme prioritises growth, exports, investments and employment while cutting interest rates.
The central bank cut its policy rate by 500 basis points last year, to 9%, in line with Erdogan's unorthodox policy despite soaring inflation. It justified the cuts by saying financial conditions must remain supportive to maintain the growth in industrial production.
The Turkish Statistical Institute will announce November industrial production figures at 0700 GMT on Feb 10.
(Reporting by Ezgi Erkoyun and Ali Kucukgocmen; Editing by Jonathan Spicer)
(([email protected]))
Oggi 12:13 - RSF
*
reuters://realtime/verb=Opener=cpurl://apps.cp./Apps/econ-polls?RIC=TRIP%3DECI
poll
ISTANBUL, Feb 7 (Reuters) - Turkey's industrial production index is expected to have continued contracting year-on-year in December, a Reuters poll showed on Tuesday, as a slowdown in some of Turkey's main trade partners hit factory activity.
Industrial activity had bounced back strongly after the initial coronavirus wave in April 2020 and expanded for more than two years straight.
But annual growth has slowed significantly since the summer, with demand declining due to the wider global slowdown. It was unclear how the major earthquake that hit the country's south on Monday might weigh in the months ahead.
The median estimate in the Reuters poll of six institutions showed a year-on-year contraction of 1.35% in the calendar-adjusted industrial production index
in December.
In November, it contracted 1.3% year-on-year, for the first time since 2020.
President Tayyip Erdogan's economic programme prioritises growth, exports, investments and employment while cutting interest rates.
The central bank cut its policy rate by 500 basis points last year, to 9%, in line with Erdogan's unorthodox policy despite soaring inflation. It justified the cuts by saying financial conditions must remain supportive to maintain the growth in industrial production.
The Turkish Statistical Institute will announce November industrial production figures at 0700 GMT on Feb 10.
(Reporting by Ezgi Erkoyun and Ali Kucukgocmen; Editing by Jonathan Spicer)
(([email protected]))
pietro17elettra
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ANALYSIS-Turkey's quake response could shape tough election for Erdogan
Oggi 15:59 - RSF
*
May 14 vote president's biggest test in two decades
*
Some residents already criticising rescue effort
*
Analysts say Erdogan's response could rally support
By Orhan Coskun and Birsen Altayli
ANKARA, Feb 7 (Reuters) - Turkey's deadliest earthquake in a generation has handed President Tayyip Erdogan a huge rescue and reconstruction challenge which will overshadow the run-up to May elections already set to be the toughest of his two decades in power.
A day after the quake struck, killing more than 3,500 people in Turkey, opposition parties and some residents in worst-hit areas complained that authorities were slow or ill-equipped to react to the devastation.
Any perception that the government is failing to address the disaster properly, or had not enforced adequate building codes in a country prone to earthquakes, could hurt Erdogan's prospects in the vote.
But analysts say the president, a skilled campaigner whose government has tackled earthquakes, wildfires and other natural disasters since he came to power in 2003, could rally national support around the crisis response and strengthen his position.
Speaking just hours after Monday's quake, which he described as the worst to hit Turkey in more than 80 years, Erdogan said thousands of rescue workers had already mobilised and no effort would be spared in the harsh winter conditions.
The government declared a "level 4 alarm", calling for international assistance, and a three-month state of emergency in the most affected provinces.
"Erdogan responded rapidly and coherently to the crisis," the Eurasia Group consultancy said. "That is likely to burnish his strong leader image ahead of 14 May elections — if the government can maintain its early momentum."
'BLACK SWAN'
Reconstruction costs are likely to run to many billions of dollars, straining an economy already hit by 58% inflation. The disruption in a region that is home to 13 million people is expected to curb growth this year, economists say.
The scale of the damage, across hundreds of kilometres and affecting millions of people and their homes, would "completely reset" Turkey's economy and politics, said Atilla Yesilada of Global Source Partners.
Describing the 7.8 magnitude quake as a "black swan", an occurrence so unforeseen or unlikely that it could have extreme consequences, he said it was not yet clear whether elections could even be held in the hardest-hit regions.
Erdogan's political opponents have not rushed to make political capital in the immediate aftermath of the quake, as people remain trapped under buildings and the death toll rises.
The six-party opposition said only that the government should work "without discrimination" to address the disaster that hit regions including Kurdish communities and Syrian refugees.
But Ugur Poyraz, Secretary General of centre-right nationalist IYI Party, said he had toured severely hit areas and as of Tuesday morning seen no sign of emergency rescue workers.
"There is definitely no professional aid coordination," he told Reuters. "Citizens and local teams are joining the rescue operations by themselves to save people in the rubble."
Authorities say more than 12,000 search and rescue personnel and another 9,000 troops are in action.
In a close-run election, the government's response to the emergency could sway crucial middle ground voters, although it is unlikely to sway committed supporters of either side, said Hasnain Malik, managing director of emerging and frontier markets equity strategy at Tellimer in Dubai.
"The response of Erdogan's government to this natural disaster might shape the attitude of the floating voter but the loyalties of most voters are already determined."
(Additional reporting by Bansari Mayur Kamdar in Bengaluru; Writing by Dominic Evans; Editing by Jonathan Spicer and Nick Macfie)
(([email protected], @DominicJEvans)
Oggi 15:59 - RSF
*
May 14 vote president's biggest test in two decades
*
Some residents already criticising rescue effort
*
Analysts say Erdogan's response could rally support
By Orhan Coskun and Birsen Altayli
ANKARA, Feb 7 (Reuters) - Turkey's deadliest earthquake in a generation has handed President Tayyip Erdogan a huge rescue and reconstruction challenge which will overshadow the run-up to May elections already set to be the toughest of his two decades in power.
A day after the quake struck, killing more than 3,500 people in Turkey, opposition parties and some residents in worst-hit areas complained that authorities were slow or ill-equipped to react to the devastation.
Any perception that the government is failing to address the disaster properly, or had not enforced adequate building codes in a country prone to earthquakes, could hurt Erdogan's prospects in the vote.
But analysts say the president, a skilled campaigner whose government has tackled earthquakes, wildfires and other natural disasters since he came to power in 2003, could rally national support around the crisis response and strengthen his position.
Speaking just hours after Monday's quake, which he described as the worst to hit Turkey in more than 80 years, Erdogan said thousands of rescue workers had already mobilised and no effort would be spared in the harsh winter conditions.
The government declared a "level 4 alarm", calling for international assistance, and a three-month state of emergency in the most affected provinces.
"Erdogan responded rapidly and coherently to the crisis," the Eurasia Group consultancy said. "That is likely to burnish his strong leader image ahead of 14 May elections — if the government can maintain its early momentum."
'BLACK SWAN'
Reconstruction costs are likely to run to many billions of dollars, straining an economy already hit by 58% inflation. The disruption in a region that is home to 13 million people is expected to curb growth this year, economists say.
The scale of the damage, across hundreds of kilometres and affecting millions of people and their homes, would "completely reset" Turkey's economy and politics, said Atilla Yesilada of Global Source Partners.
Describing the 7.8 magnitude quake as a "black swan", an occurrence so unforeseen or unlikely that it could have extreme consequences, he said it was not yet clear whether elections could even be held in the hardest-hit regions.
Erdogan's political opponents have not rushed to make political capital in the immediate aftermath of the quake, as people remain trapped under buildings and the death toll rises.
The six-party opposition said only that the government should work "without discrimination" to address the disaster that hit regions including Kurdish communities and Syrian refugees.
But Ugur Poyraz, Secretary General of centre-right nationalist IYI Party, said he had toured severely hit areas and as of Tuesday morning seen no sign of emergency rescue workers.
"There is definitely no professional aid coordination," he told Reuters. "Citizens and local teams are joining the rescue operations by themselves to save people in the rubble."
Authorities say more than 12,000 search and rescue personnel and another 9,000 troops are in action.
In a close-run election, the government's response to the emergency could sway crucial middle ground voters, although it is unlikely to sway committed supporters of either side, said Hasnain Malik, managing director of emerging and frontier markets equity strategy at Tellimer in Dubai.
"The response of Erdogan's government to this natural disaster might shape the attitude of the floating voter but the loyalties of most voters are already determined."
(Additional reporting by Bansari Mayur Kamdar in Bengaluru; Writing by Dominic Evans; Editing by Jonathan Spicer and Nick Macfie)
(([email protected], @DominicJEvans
)
NoToc
old style
Turchia-Siria: terremoto, Usa annunciano aiuti umanitari per 85 milioni di dollari
Washington , 09 feb 21:13 - (Agenzia Nova) - L'Agenzia statunitense per lo sviluppo internazionale (Usaid) ha annunciato un pacchetto di aiuti umanitari da 85 milioni di dollari per assistere lo sforzo di ricostruzione in Turchia e in Siria, dopo i terremoti che hanno colpito i due Paesi nella notte tra il 5 e il 6 febbraio, causando più di 20 mila morti. In una nota, l’agenzia ha spiegato che i fondi “aiuteranno i partner umanitari degli Stati Uniti ad assistere milioni di persone in difficoltà a causa dei danni del sisma, fornendo cibo, abitazioni temporanee e beni di prima necessità per affrontare l’inverno”. Gli Stati Uniti hanno già inviato circa 200 esperti dell’agenzia, che in questo momento si trovano nelle città turche di Adiyaman, Adana e Ankara per sostenere le autorità nella ricerca dei dispersi. (Was)
Washington , 09 feb 21:13 - (Agenzia Nova) - L'Agenzia statunitense per lo sviluppo internazionale (Usaid) ha annunciato un pacchetto di aiuti umanitari da 85 milioni di dollari per assistere lo sforzo di ricostruzione in Turchia e in Siria, dopo i terremoti che hanno colpito i due Paesi nella notte tra il 5 e il 6 febbraio, causando più di 20 mila morti. In una nota, l’agenzia ha spiegato che i fondi “aiuteranno i partner umanitari degli Stati Uniti ad assistere milioni di persone in difficoltà a causa dei danni del sisma, fornendo cibo, abitazioni temporanee e beni di prima necessità per affrontare l’inverno”. Gli Stati Uniti hanno già inviato circa 200 esperti dell’agenzia, che in questo momento si trovano nelle città turche di Adiyaman, Adana e Ankara per sostenere le autorità nella ricerca dei dispersi. (Was)