Turkey

Turkey raised the euro-lira conversion rate for medicine prices by 36.77 per cent, the country’s Official Gazette said on Wednesday. “First step for solution of medicine shortage in the market ...

Turkey’s President Tayyip Erdogan said on Monday it was “apparent” that inflation would fall to around 40 per cent in a few months, and further to 20 per cent in 2023. Turkey’...

Turkey’s BDDK banking watchdog has set the foreign currency net position to standard capital ratio for banks at a maximum 5 per cent according to a regulation published in the ...

Presidents Tayyip Erdogan of Turkey and Vladimir Putin of Russia discussed grain supplies and a potential regional gas hub in Turkey on Sunday, both countries said. Relations with NATO member ...

Oil prices ticked higher on Friday but both benchmarks were set for a weekly loss as worries over weak economic outlook in China, Europe and the United States weighed on ...

Turkey’s maritime authority said on Thursday it would continue to block the passage of oil tankers that don’t carry appropriate insurance letters, adding that insurance checks on ships ...

The Biden administration levied sanctions late on Thursday on prominent Turkish businessman Sitki Ayan and his network of firms, accusing him of acting as a facilitator for oil sales and ...

The trading arm of Azerbaijan’s state oil firm SOCAR has paused purchases of Russian crude oil for its Turkish refinery as the industry grapples with EU sanctions on shipping ...

Oil prices rebounded on Thursday amid optimism over China’s easing of anti-COVID measures, recouping losses after slumping to the lowest levels so far this year in the previous session. ...

Turkey’s MNG Airlines will list on the New York Stock Exchange through a merger with Golden Falcon Acquisition Corp (GFX.N), a special purpose acquisition company (SPAC), the Turkish ...

Disruptions in tanker traffic from Russia’s Black Sea ports to the Mediterranean are a result of a new Turkish insurance rule, not the price cap on Russian oil agreed ...

Finland must lift an arms embargo on Ankara as a condition to securing support from Turkey for its NATO membership bid, Turkish Foreign Minister Mevlut Cavusoglu said on Tuesday. Finland ...

Banks in countries such as Ukraine and Turkey face a “very high” risk from restrictions on capital flows, weak international reserves and a high level of foreign currency debt, Moody’...

Sweden’s extradition to Turkey last week of a Kurdish man with alleged terrorism links is a “good start”, but Stockholm needs to do more before Ankara can approve its ...

Syria is resisting Russian efforts to broker a summit with Turkey’s President Tayyip Erdogan, three sources said on Friday, after more than a decade of bitter enmity since the ...

Leading indicators for the second half continue pointing to a slowdown in growth due to the weakening foreign demand, the Turkish central bank said on Thursday, a week after it ...

The Syrian Democratic Forces, a U.S.-backed group that helped defeat Islamic State jihadists in Syria, has stopped all joint counter-terrorism operations as a result of Turkish bombardment on ...

Sweden and Finland have made good progress towards an agreement with Turkey on the Nordic countries’ admission to NATO, Swedish Minister for Foreign Affairs Tobias Billstrom said. “We had a ...

Turkey’s army needs just a few days to be ready for a ground incursion into northern Syria and such a decision may come at a cabinet meeting on Monday, ...

Turkish President Tayyip Erdogan said in comments broadcast that a process of building relations with Egypt will start with ministers of the two countries meeting and that the talks would ...

By Dimitri Gonis Hyper-nationalism is predicated on the notion of ‘specialness’. At its core lies an intrinsic hostility towards anything and anyone that challenges the narrative of racial purity and ...

Fears that worse is yet to come in north in protest over Erdogan’s policies By Esra Aygin Northern Cyprus is slipping out of the hands of the Turks, warned ...

President Vladimir Putin on Friday met the mothers of soldiers who had been fighting in Ukraine, telling them that he and the entire Russian leadership shared their suffering. The war ...

President Tayyip Erdogan said on Wednesday that Turkey’s air operations against a Kurdish militia in northern Syria were only the beginning and it would launch a land operation when ...