Kerim Karakaya
@kkarakaya.bsky.social
Reporter at Bloomberg News covering Emerging Markets
https://www.bloomberg.com/authors/ATKc8bfOmfA/kerim-karakaya
https://www.bloomberg.com/authors/ATKc8bfOmfA/kerim-karakaya
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...
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...
www.bloomberg.com
August 20, 2025 at 3:37 PM
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...
www.bloomberg.com/news/article...
Reposted by Kerim Karakaya
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
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
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...).
June 23, 2025 at 6:04 AM
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
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
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...
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...
www.bloomberg.com
May 20, 2025 at 3:44 PM
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...
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...
Reposted by Kerim Karakaya
TLRef overnight reference rate, the indicator of Turkish funding costs, has hit the 49% ceiling for the past few days.
April 30, 2025 at 11:22 AM
TLRef overnight reference rate, the indicator of Turkish funding costs, has hit the 49% ceiling for the past few days.
*TRUMP CONSIDERING TURKEY VISIT WHILE ON MIDDLE EAST TRIP: CNN
April 10, 2025 at 3:54 PM
*TRUMP CONSIDERING TURKEY VISIT WHILE ON MIDDLE EAST TRIP: CNN
Reposted by Kerim Karakaya
Tourists canceling trips to the US.
April 9, 2025 at 2:18 PM
Tourists canceling trips to the US.
April 7, 2025 at 10:35 AM
X’den kaçıp gelenlerde bir artış görüyorum. Hoşgeldiniz😀
April 4, 2025 at 11:33 AM
X’den kaçıp gelenlerde bir artış görüyorum. Hoşgeldiniz😀
“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...
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...
www.bloomberg.com
March 24, 2025 at 6:31 PM
“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...
www.bloomberg.com/news/article...
Reposted by Kerim Karakaya
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...
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...
www.bloomberg.com
March 11, 2025 at 3:50 PM
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...
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...
A newly reshaped group of bondholders is engaging financial advisers for potential debt negotiations with Lebanon www.bloomberg.com/news/article...
Lebanon Bondholders Tap Financial Advisers Ahead of Debt Talks
A newly reshaped group of bondholders is engaging financial advisers for potential debt negotiations with Lebanon, as investors grow more optimistic about reaching a quicker deal.
www.bloomberg.com
March 7, 2025 at 1:41 PM
A newly reshaped group of bondholders is engaging financial advisers for potential debt negotiations with Lebanon www.bloomberg.com/news/article...
SCOOP: Goldman, JPMorgan Among Banks Offering More Russia-Linked Trades
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Goldman, JPMorgan Among Banks Offering More Russia-Linked Trades
Goldman Sachs Group Inc. and JPMorgan Chase & Co. are among banks that have been acting as brokers to facilitate growing investor demand for ways to trade Russian-related assets.
www.bloomberg.com
March 5, 2025 at 5:12 PM
SCOOP: Goldman, JPMorgan Among Banks Offering More Russia-Linked Trades
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Exclusive: Angola and Spain’s BBVA Said to Be in Talks for $1 Billion Loan
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Angola and Spain’s BBVA Said to Be in Talks for $1 Billion Loan
Spanish lender Banco Bilbao Vizcaya Argentaria SA is in talks with Angola’s government to provide a loan of as much as $1 billion, according to people with direct knowledge of the matter.
www.bloomberg.com
February 24, 2025 at 2:16 PM
Exclusive: Angola and Spain’s BBVA Said to Be in Talks for $1 Billion Loan
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Reposted by Kerim Karakaya
I was among a group of investors speaking to @kkarakaya.bsky.social of @bloomberg.com to try make sense of the whirlwind of headlines in last few days. I believe that what’s at stake in Ukraine will prove more important than any other consideration. This is sure to be tested in the coming days.
February 19, 2025 at 9:07 PM
I was among a group of investors speaking to @kkarakaya.bsky.social of @bloomberg.com to try make sense of the whirlwind of headlines in last few days. I believe that what’s at stake in Ukraine will prove more important than any other consideration. This is sure to be tested in the coming days.
Reposted by Kerim Karakaya
Makes a change from the UK practice of importing medical staff from abroad.
Now a rising trend is exporting students to get medically trained in (relatively) low-cost Bulgaria
www.ft.com/content/cbd2...
Now a rising trend is exporting students to get medically trained in (relatively) low-cost Bulgaria
www.ft.com/content/cbd2...
UK medical students flock to Bulgaria amid scarcity of college places back home
Institutions across Balkan nation help maintain supply of doctors and dentists in Britain
www.ft.com
February 19, 2025 at 5:38 AM
Makes a change from the UK practice of importing medical staff from abroad.
Now a rising trend is exporting students to get medically trained in (relatively) low-cost Bulgaria
www.ft.com/content/cbd2...
Now a rising trend is exporting students to get medically trained in (relatively) low-cost Bulgaria
www.ft.com/content/cbd2...
