Mark Bentley (@MarkABentley) header
Mark Bentley (@MarkABentley) profile picture

Mark Bentley

@MarkABentley

Journalist/analyst. Ex-Turkey bureau chief and head of European investment news for Bloomberg. Retweets/likes not endorsements

Joined April 2010
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Photo by Mark Bentley (@MarkABentley)Photo by Mark Bentley (@MarkABentley)Photo by Mark Bentley (@MarkABentley)Photo by Mark Bentley (@MarkABentley)Photo by Mark Bentley (@MarkABentley)Photo by Mark Bentley (@MarkABentley)Photo by Mark Bentley (@MarkABentley)Photo by Mark Bentley (@MarkABentley)Photo by Mark Bentley (@MarkABentley)Photo by Mark Bentley (@MarkABentley)
Inflation in Turkey. Seven years ago 55,000 lira got you a car. Today it gets you a phone.
Image from Piotr Zalewski (@p_zalewski)
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Davutoglu still thinks he's prime minister
Ahmet Davutoğlu (@A_Davutoglu_eng) profile pictureAhmet Davutoğlu
@A_Davutoglu_eng9 Sep 2022
I convey my condolences for the death of the Queen Elizabeth II to the Royal family and to the British nation. Congratulations to Prince Charles, who ascended the throne as King Charles III.
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Turkish exports to Russia surge to all-time high - state media Noticed this was the top news item on Anadolu's Turkish news website a few mins ago, but can't even be found on its economy page now ahvalnews-com.cdn.ampproject…
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Anadolu says it did a deep dive into Turkish export data to come up with these numbers, which show the success of Turkey's foreign policy
Why are Turkey's stocks rallying to record levels? Well, there's nothing else that makes a profit (bonds, Bitcoin) and it's 'blood money' for Erdoğan refusing to sanction Putin
Image from Mark Bentley (@MarkABentley)
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Foreign money also flowing into Turkish stocks. Would be ironic if foreigners help save Erdoğan/the lira's ass while he welcomes oligarchs and plays pally with Putin
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Turkish interest rates on business loans dive after central bank action The biggest Turkish rate cut is here. More arm twisting of banks, who must be swimming in a quagmire of regulatory changes ahvalnews-com.cdn.ampproject…
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A travesty. It seems other institutions in Turkey are developing the same affliction as the Presidency, Finance Ministry and Central Bank
Ayla Jean Yackley (@aylajean) profile pictureAyla Jean Yackley@aylajean3 Sep 2022
Replying to @aylajean
We were a year too late. A plaque says it was restored in 2021 by the provincial authority. It now looks like this. (First pic mine, second from the interwebs because I didn’t have the heart to walk down for the full view.)
Image from Ayla Jean Yackley (@aylajean)
Image from Ayla Jean Yackley (@aylajean)
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Istanbul inflation hits 99.9 percent "Bir zahmet... üç rakam olmasın." "Tamam abi, tamam..." ahvalnews-com.cdn.ampproject…
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Turkish lira rallies then declines after reports of Saudi billions Show us the money, then we'll talk, the market is saying ahvalnews-com.cdn.ampproject…
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I'm not sure who is publishing more info on these ships - Reuters or Turkey's government. Surely the news value of this is diminishing fast reuters.com/world/europe/two…
Two more grain ships leave Ukraine, bringing total to 12 under new deal

Two more grain ships leave Ukraine, bringing total to 12 under new deal

Two more grain-carrying ships left Ukraine's Chornomorsk port on Tuesday, Turkey's defence ministry said, as part of a deal to unblock Ukrainian sea exports, bringing the total to leave the country...

reuters.com
Turkey and Erdogan have no intention of abiding by the EU's common rules. This is just rhetoric designed to bash the West, look hard done by, and win votes
Ahval (@ahval_en) profile pictureAhval@ahval_en8 Aug 2022
Turkey calls on EU to take steps towards accelerating membership bid | Ahval dlvr.it/SWGyPc 🔹
Image from Ahval (@ahval_en)
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I guess we'll never know how much the likely swap deal between the Russian and Turkish central banks is worth, or whatever bailout Putin is giving Erdogan. If there's 1 leader Putin will want to stay in power, it's Erdogan
Timothy Ash (@tashecon) profile pictureTimothy Ash@tashecon7 Aug 2022
Replying to @tashecon
2/ Erdogan by difference seems to be going out of his way to boost trade with Russia, to help Russia ride thru sanctions and benefit and profit from this at the same time. Not a good look.
Erdogan has kept repeating that "the world is bigger than 5" (UN Security Council). He sees Putin as a gateway to more global power for Turkey, perhaps alongside more alignment with China. Do you want to sell this guy your latest weapons? Is their technology safe?
Piotr Zalewski (@p_zalewski) profile picturePiotr Zalewski@p_zalewski6 Aug 2022
To some western officials, apparently, Turkey’s “balanced” Russia policy doesn’t seem so balanced after all.
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Erdogan has far more in common with leaders of the Shanghai Cooperation Org. (SCO) than with the EU or U.S. He feels happy and confident shaking hands with them. Only 1 in 12 of its members or observer states are democratic (India). Putin invited him to September's annual summit
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Guess who is the exception here? (Clue: Its leader turned up in Sochi yesterday)
Iikka Korhonen (@IikkaKorhonen) profile pictureIikka Korhonen@IikkaKorhonen5 Aug 2022
🇷🇺Exports to Russia June y/y 🇨🇳-17% 🇹🇼-59% 🇰🇷-65% 🇯🇵-59% 🇻🇳-60% 🇲🇾-42% 🇹🇭-53% 🇹🇷+46% 🇮🇳-24% Exports to Russia recovering from nadir of March-April, but still 40-70% below pre-war levels. Except Turkey!
Image from Iikka Korhonen (@IikkaKorhonen)
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🇷🇺Exports to Russia June y/y 🇨🇳-17% 🇹🇼-59% 🇰🇷-65% 🇯🇵-59% 🇻🇳-60% 🇲🇾-42% 🇹🇭-53% 🇹🇷+46% 🇮🇳-24% Exports to Russia recovering from nadir of March-April, but still 40-70% below pre-war levels. Except Turkey!
Image from Iikka Korhonen (@IikkaKorhonen)
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Private clinics/hospitals around Antalya have a reputation for charging extortionate medical bills to tourists. This could be a latest example. Best recourse may be local consulate @CharliellJones mirror.co.uk/news/uk-news/pa…
Parents consider £51k flight home for premature baby after huge medical bills

Parents consider £51k flight home for premature baby after huge medical bills

Louise Crawshaw-Bowen and her husband Stephen are facing mounting medical costs after their son Wolfe was born prematurely while the family was on holiday in Turkey

mirror.co.uk
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Their Just Giving fundraiser is no longer accepting donations so one might assume treatment over and the bills are covered gofundme.com/f/this-family-g… I am not saying all Turkish private clinics in tourism zones are bad, but please try to check Google reviews thorougly for warnings
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For instance: goo.gl/maps/MUQzFP29gcxPDJ2N…

Google review of

google.com
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Unsuspecting and vulnerable tourists are usually referred to the clinics by hotels. They have an ambulance/small medical facility nearby, then refer patients to larger private facilities if considered appropriate @CharliellJones
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I don't know if anyone in Antalya or the medical profession is in a position to look into this on the couple's behalf?
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