DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Hafize Gaye Erkan - 4 Erdogan - 4 Goldman Sachs - 3 Mehmet Simsek - 3 Simsek - 3 Recep Tayyip Erdogan - 2 Erkan - 2 Tayyip Erdogan - 2
Top related locs:
Turkey Istanbul ISTANBUL U.S Ankara — Turkey Simsek Federal Reserve Bank of New York
Top related orgs:
Finance - 3 Thomson - 2 Princeton - 2 — - 1 WHO - 1 FATIH - 1 Finance Ministry - 1 University of Pennsylvania - 1

Search resuls for: "Simsek's"


8 mentions found


☆ Turkey Has Another New Central Bank Leader. Here's What It Means for the Battered Economy
  + stars: | 2024-02-05 | by ( Associated Press | Feb. | At A.M. | ) www.usnews.com   time to read: +4 min
ISTANBUL (AP) — Turkey has seen its fifth central bank leader depart in as many years as Hafize Gaye Erkan, the first woman in the top role, stepped down after just eight months in the job. Photos You Should See View All 45 ImagesHere are key things to know about the central bank shakeup and what it means for Turkey's battered economy:WHY IS THERE A NEW CENTRAL BANK LEADER? Erkan resigned after weeks of media stories about her father’s undue influence in the central bank’s Istanbul office. Previous changes in central bank leadership has seen Erdogan row back on efforts to bring inflation under control through interest rate hikes. He was brought in as the bank’s deputy head at the same time Simsek took over the Finance Ministry and Erkan was appointed to lead the central bank.
Persons: Hafize Gaye Erkan, Goldman Sachs, Recep Tayyip Erdogan, — Erkan, ”, Fatih Karahan, Mehmet Simsek, Erdogan, Erkan, Karahan, Simsek's, Simsek, Liam Peach, Selcuki, ” “ It’s, ” Selcuki Organizations: —, Finance, WHO, FATIH, Finance Ministry, University of Pennsylvania, Federal Reserve Bank of New, Amazon, Capital Economics, Istanbul Economy Research Locations: ISTANBUL, — Turkey, Turkey, Istanbul, Simsek, U.S, Federal Reserve Bank of New York, Columbia, New York, Ankara
☆ Analysis: Turkey needs more than economic U-turn for lasting investments
  + stars: | 2023-06-12 | by ( Birsen Altayli Burcu Karakas | Birsen Altayli | Burcu Karakas | ) www.reuters.com   time to read: +6 min
"It is clear that to ensure economic confidence, legal consistency is a must," one of the senior officials said. Deniz Ozen, lawyer for the Turkish Workers' Party MP, said authorities are violating Turkish law by keeping him in jail. Emma Sinclair-Webb, Turkey director of Human Rights Watch, said a discredited justice system is a matter of concern especially for European investors. Reinforcing the apparent U-turn, Erdogan on Friday named Hafize Gaye Erkan as central bank governor, paving the way for interest rate hikes. "No matter the economic reforms, the investment will not significantly ramp up," he said.
Persons: Erdogan, Tayyip Erdogan, Mehmet Simsek, Simsek, Mehmet Gun, Orhan Turan, Turkey's, Osman, Deniz Ozen, Emma Sinclair, Hafize Gaye Erkan, Howard Eissenstat, Burcu Karakas, Jonathan Spicer, Catherine Evans Organizations: Better Justice Association, Istanbul Convention, Gazette, Bank, AK Party, of Human, Human Rights, Turkish Workers ' Party, Finance, St, Lawrence University, Thomson Locations: ISTANBUL, Turkey, Istanbul, Osman Kavala, Kavala, Webb
☆ Turkey's Erdogan appoints a former Goldman executive as its new central bank chief
  + stars: | 2023-06-09 | by ( Lee Ying Shan | ) www.cnbc.com   time to read: +1 min
Exterior of the Turkish Central Bank, known as Turkiye Cumhuriyet Merkez Bankasi in Ankara. Turkey's President Recep Tayyip Erdogan has appointed a former Wall Street banker Hafize Gaye Erkan as the country's new central bank governor — another move that could potentially mark a policy pivot away from economic unorthodoxy. Erkan, Turkey's first female central bank chief, was a former managing director at Goldman Sachs and co-CEO at First Republic Bank. She is also Turkey's fifth central bank governor in four years. The caveat would lie in how much autonomy the central bank could exercise, and to what extent —something that Demiralp says investors will have to wait and see.
Persons: Recep Tayyip Erdogan, Hafize Gaye Erkan, —, Turkey's, Goldman Sachs, Mehmet Simsek's, Selva Demiralp, Demiralp Organizations: Turkish Central Bank, Wall Street, First Republic Bank, Princeton, Koç University, CNBC Locations: Ankara, U.S, Istanbul
☆ First Republic's former co-CEO could be Turkey's next central bank chief
  + stars: | 2023-06-06 | by ( Jeffrey Cane | ) www.businessinsider.com   time to read: +3 min
A former co-CEO of First Republic is said to be in line to be Turkey's next central bank chief. Turkey's central bank is expected to return to more orthodox policies. That's not stopping the Turkish government, which is considering Hafize Gaye Erkan, a former co-CEO of First Republic, to be the next governor of its central bank, according to reports. The bank would ultimately name the chief financial officer, Michael Roffler, to be CEO. Turkey's central bank has been a punching bag for Erdogan, who has forced out its leaders and pressured the bank to slash interest rates even in the face of surging inflation.
Persons: Hafize Gaye Erkan, Goldman Sachs, Recip Tayyip Erdogan, Erkan, Jim Herbert, Herbert, Graystone, Michael Roffler, Erdogan, Mehmet Şimşek Organizations: First, Morning, Princeton, JPMorgan Chase, Erkan, Reuters, First Republic, Financial Times, Bogazici University Locations: First Republic, Turkey's, Turkey, Republic
☆ Exclusive: Turkey's new cabinet almost certain to include Simsek, four sources say
  + stars: | 2023-05-31 | by ( Orhan Coskun | ) www.reuters.com   time to read: +6 min
Simsek was highly regarded by financial markets when he served as finance minister and deputy prime minister between 2009 and 2018. After chairing a final meeting of his old cabinet on Wednesday, Erdogan will announce new ministerial roles by Saturday, officials said. The new cabinet is almost certain to include his spokesman Ibrahim Kalin and intelligence chief Hakan Fidan, they added. One of the sources, a senior official with knowledge of the subject, said Erdogan and Simsek had spoken for 2-1/2 hours. The same official said former minister Cevdet Yilmaz could take up the role of Treasury and Finance Minister if Simsek were to become a vice president.
Persons: Erdogan, Tayyip Erdogan, Mehmet Simsek, Simsek, Ibrahim Kalin, Hakan Fidan, Nureddin Nebati, Guillaume Tresca, Cevdet Yilmaz, Lutfi Elvan, Sahap Kavcioglu, Timothy Ash, Ash, Amruta Khandekar, Daren Butler, Jonathan Spicer, Toby Chopra, Catherine Evans Organizations: Intelligence, Lira, FX, Reuters, Treasury, Finance, Emerging, Generali Investments, AK, Simsek, BlueBay Asset Management, Thomson Locations: ANKARA
☆ Analysis: Erdogan tries to salvage economic credibility before Turkey's election
  + stars: | 2023-03-22 | by ( Orhan Coskun Jonathan Spicer | Orhan Coskun | Jonathan Spicer | ) www.reuters.com   time to read: +5 min
Separately, in a televised interview on Wednesday, Erdogan downplayed the significance of the meeting with Simsek, saying such meetings were ordinary. A senior government official told Reuters the AKP was somewhat divided with some members opposed to Simsek's return, and described the outcome of the Erdogan meeting as "undesirable". The party may now need to revise its economic platform ahead of the election campaign, he added. The AKP declined to comment on whether it was revising its economic strategy ahead of the vote. Two recent polls by MAK and Turkiye Raporu show the opposition presidential challenger Kemal Kilicdaroglu between 4 and 9 percentage points ahead of Erdogan.
☆ Erdogan's party pivots back to orthodox economic policies in draft manifesto -sources
  + stars: | 2023-03-16 | by ( Orhan Coskun | ) www.reuters.com   time to read: +5 min
ANKARA, March 16 (Reuters) - The draft election manifesto of Turkish President Tayyip Erdogan's AK Party marks a return to more orthodox, free market economic policies, four sources familiar with the matter told Reuters. According to the sources familiar with the draft, the AK's manifesto for the upcoming election will make no reference to Ankara's more recent economic policies but instead to return to his party's prior, more orthodox approach. "The approach to the economy is very similar to that of the 2002 AK Party election manifesto. He said Erdogan's final approval of the manifesto would be required and so far he had not conveyed any dissenting opinion. If he takes office, a radical change is inevitable in economic policies, the bureaucracy and cabinet members to work in harmony with him," the AKP official said.
☆ Erdogan's AKP party signals return to more orthodox economic policies in draft election manifesto -sources
  + stars: | 2023-03-16 | by ( Orhan Coskun | ) www.reuters.com   time to read: +5 min
ANKARA, March 16 (Reuters) - The draft election manifesto of Turkish President Tayyip Erdogan's AK Party marks a return to more orthodox, free market economic policies, four sources familiar with the matter told Reuters. According to the sources familiar with the draft, the AK's manifesto for the upcoming election will make no reference to Ankara's more recent economic policies but instead to return to his party's prior, more orthodox approach. "The approach to the economy is very similar to that of the 2002 AK Party election manifesto. He said Erdogan's final approval of the manifesto would be required and so far he had not conveyed any dissenting opinion. If he takes office, a radical change is inevitable in economic policies, the bureaucracy and cabinet members to work in harmony with him," the AKP official said.
0 next >>
Total: 8