Turkey

Tayyip Erdogan is set to visit his counterpart Volodymyr Zelensky in Ukraine on Thursday after pitching Turkey as a mediator to ease tensions with Russia, and an official said he ...

A European human rights watchdog will refer the Turkish case against philanthropist Osman Kavala back to a top European court, Turkey’s foreign ministry said on Wednesday, adding that the ...

Turkish authorities have found the bodies of 12 migrants who froze to death near Greece, Interior Minister Suleyman Soylu said on Wednesday, accusing Greek guards of sending them back across the ...

Turkey’s central bank has scaled back its currency interventions in January but still spent as much as $1 billion last week to keep the lira steady after last month’s ...

President Tayyip Erdogan repeated his unorthodox economic policy on Saturday, saying interest rates would be lowered further and inflation would fall as a result, days before inflation data for January ...

Turkish President Tayyip Erdogan named his justice minister during a clampdown that followed a 2016 coup attempt to a third term in the job, as he also replaced the head of ...

Turkey’s central bank has scaled back its currency interventions in January but still spent as much as $1 billion last week to keep the lira steady after last month’s ...

Armenian Foreign Minister Ararat Mirzoyan is to visit Turkey in March, his Turkish counterpart said on Thursday, as the neighbours work to mend ties after decades of animosity. Turkey has ...

Turkey’s central bank said on Thursday it expected a disinflation process to start on the back of measures taken for sustainable price and financial stability, and so it halted ...

Turkey and the United Arab Emirates said on Wednesday they had agreed a nearly $5-billion swap deal in local currencies, in a sign of warming diplomatic relations that provides Ankara ...

Turkey’s annual inflation rate surged to 36.1 per cent last month, its highest in the 19 years Tayyip Erdogan has ruled, laying bare the depths of a currency crisis engineered by ...

Turkey sharply raised electricity prices by 50-100% for households and companies on Saturday, and again increased monthly natural gas bills, adding to strains in an economy facing soaring overall inflation. ...

Emerging market stocks broke a two-year winning run, but were set to end the last day of 2021 on a positive note on Friday boosted by China shares, while Turkey’s ...

The Turkish lira weakened for a fifth consecutive day on Friday, further eroding the big gains it made a week earlier as investors continued to fret about the country’s ...

President Tayyip Erdogan said on Friday that Turks should keep all their savings in lira and that recent exchange rate volatility was largely under control after the lira weakened sharply ...

Turkey’s lira fell 5 per cent on Thursday, extending a four-day slide and eating into big gains last week, as the government struggled to convince savers to ignore the volatility ...

The Turkish lira weakened for the third consecutive day on Wednesday, tumbling 5 per cent and eating further into the huge gains made the previous week, as worries persisted over soaring ...

Turkish Airlines has reached an agreement with its labour union for a pay rise of inflation plus 65 per cent for 2022, the Hava-Is union said on Thursday. The flag carrier will ...

Turkey’s Financial Crimes Investigation Board (MASAK) imposed an 8 million lira ($751,314) fine on the local unit of cryptocurrency exchange Binance over violations found during liability inspections, the Anadolu news agency ...

Turkey’s lira was on track for its strongest week on record on Friday, having spiked 44 per cent with the support of billions of dollars of state-backed market interventions and ...

Turkey’s economy grew 7.4 per cent year-on-year in the third quarter, meeting expectations on the strength of retail demand, manufacturing and exports, official data showed on Tuesday, though it did ...

U.S. authorities have taken issue with Turkey over its sales of armed drones to Ethiopia, where two sources familiar with the matter said there was mounting evidence the government ...

Turkey’s lira rocketed back from record lows in volatile trading on Tuesday after Turkish President Tayyip Erdogan proposed measures to protect local currency savings against such swings. Erdogan introduced ...

By Tuvan Gumrukcu President Tayyip Erdogan said he had lowered Turkey’s inflation to around 4% before and that he will achieve that again soon as annual price rises exceeded 21% due ...