Seeking Alpha "Invest In Turkey's Oil Future Through ETFs"
19/01/12 09:23
Europe might be feeling a bit slighted by Turkey in reference to their proposed Nabucco pipeline that will transport natural gas from Asia into Europe. The benefits and viability of Nabucco for the countries involved have been difficult to pinpoint. Turkey has shown support for the pipeline in the past. Recently, however, Turkey’s energy minister, Taner Yildiz, signed an agreement with Azerbaijan to construct an estimated $5 billion Trans-Anatolian natural gas pipeline.
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Seeking Alpha "How To Buy Into Turkey's Record Export Growth"
04/01/12 21:57
Turkey hit export growth records for 2011. The country now has one of the highest growth rates in the world. Exports increased a record 18.2 percent reaching $134.6 billion. Still, the government expects output to be half next year as the eurozone crisis continues to take hold. Turkey is currently the world’s 17th largest economy. Still, with record trade and an ever-growing economy, Turkey’s lira is poised for investment. There is no ETF directly tied to Turkey’s currency. However, the WisdomTree Dreyfus Emerging Currency ETF (CEW) does provide exposure to the lira. The iShares MSCI Turkey Invest Market Index ETF (TUR) provides direct exposure to Turkey mainly through financial services holdings.
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Seeking Alpha "Istanbul Takes Measures to Attract Foreign Investors"
04/01/12 21:49
Since 1998, the Istanbul Stock Exchange has spent $1 billion building 400 schools across Turkey. Now the Turkish administration is moving to assert greater regulatory control over the exchange. The government passed a decree last month aiming to consolidate the Istanbul Stock Exchange with TurkDex, the country’s derivatives exchange.
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