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Kerim Karakaya

@kkarakaya.bsky.social

Reporter at Bloomberg News covering Emerging Markets https://www.bloomberg.com/authors/ATKc8bfOmfA/kerim-karakaya

36 Posts751 Follower41 Folgt
Kerim Karakaya@kkarakaya.bsky.social · 2w ago

Norway’s sovereign wealth fund was a key investor in an initial public offering underwritten by Tera Yatirim Menkul Degerler AS just two months before the brokerage firm became the center of the biggest fund scandal in Turkish history. www.bloomberg.com/news/article...

Norway Fund Bought Tera-Run Turkey IPO That Plunged in Weeks

Norway’s sovereign wealth fund was a key investor in an initial public offering underwritten by Tera Yatirim Menkul Degerler AS just two months before the brokerage firm became the center of the bigge...

bloomberg.com

Kerim Karakaya@kkarakaya.bsky.social · last yr.

Buying emerging-market currencies against the dollar this year has delivered some of the most attractive returns of the decade, and according to Citi’s head of strategy, the trade still has further to run — at least in the short term www.bloomberg.com/news/article...

Citi Says Biggest Carry Trade Rally in Years Has Longer to Run

Buying emerging-market currencies against the dollar this year has delivered some of the most attractive returns of the decade, and according to Citi’s head of strategy, the trade still has further to...

bloomberg.com

Charlie Robertson@frontiercharlie.bsky.social · last yr.

Venezuela manages to go more extreme on economic failure than ever Now stopping the release of inflation figures after letting the official currency devalue Arresting two independent economists for attempting to measure inflation - among 50+ others And as noted, paying workers $1 a month

Carlota Perez@carlotaperez.bsky.social · last yr.

This is one of the incredible facts of the tragedy of #Venezuela . While the ruling kleptocrats live in luxury, public sector workers earn, in a MONTH, below the DAILY poverty level wage of the UN (see #FT: www.ft.com/content/5ccb...).

Kerim Karakaya@kkarakaya.bsky.social · last yr.

Turkey’s Zorlu to Tackle $4.9 Billion Debt With Cuts, Sales Zorlu Holding plans to sell assets and lay off staff The company's Vestel Elektronik unit aims to lay off 2,000 employees Zorlu has refinanced about $1.3 billion debt www.bloomberg.com/news/article...

Turkey’s Zorlu to Tackle $4.9 Billion Debt With Job Cuts, Sales

One of Turkey’s largest conglomerates is planning to sell assets and lay off staff to ease concern about its $4.9 billion debt burden, underscoring the challenges local companies face from sky-high bo...

bloomberg.com

Kerim Karakaya@kkarakaya.bsky.social · 2y ago

“When Wall Street banks and hedge funds gathered in Istanbul last Wednesday with a top Turkish economist, they were prepared to hear about the country’s improved stability. Then they glanced at their phones” www.bloomberg.com/news/article...

Wall Street’s Embrace of Turkey Unraveled in Just 30 Minutes

When Wall Street banks and hedge funds gathered in Istanbul last Wednesday with a top Turkish economist, they were prepared to hear about the country’s improved stability. Then they glanced at their p...

bloomberg.com

Kerim Karakaya@kkarakaya.bsky.social · 2y ago

SCOOP: Deutsche Bank Goes on Hiring Spree to Boost Emerging-Market Team The lender has hired at least four traders and salespeople from Jefferies Financial Group Inc. as the German bank looks to expand its business in trading emerging-market credit. www.bloomberg.com/news/article...

Deutsche Bank Goes on Hiring Spree to Boost Emerging-Market Team

Deutsche Bank AG has hired at least four traders and salespeople from Jefferies Financial Group Inc. as the German bank looks to expand its business in trading emerging-market credit, according to peo...

bloomberg.com