Losing one senior economic policymaker is unfortunate. To lose two in the same weekend looks deliberate. That’s the situation in Turkey, where President Tayyip Erdogan installed a new technocrat …
Breakingviews – Turkey’s new economy team will face fresh problems
Losing one senior economic policymaker is unfortunate. To lose two in the same weekend looks deliberate. That’s the situation in Turkey, where President Tayyip Erdogan installed a new technocrat …
Analysis: Shock Turkey leadership overhaul could mark pivot on economy
By Jonathan Spicer, Orhan Coskun and Nevzat Devranoglu ISTANBUL (Reuters) – The shock departure of Turkey’s top two economic policymakers at the weekend sets the stage for an interest rate hike and …
New Turkey Central Banker Angling to Replace Albayrak Allies
Turkey’s new central bank governor is working on replacing some of his deputies at the monetary authority, according to people familiar with the matter.
Turkey’s Finance Minister Resigns Amid Pressures of Sliding Economy
Mr. Albayrak, 42, earned a business degree at Pace University in New York and was chief executive of the Turkish conglomerate Calik Holdings before becoming a member of Turkey’s Parliament. He joined …
Shock change in Turkey’s economic leadership raises stakes for lira
President Recep Tayyip Erdogan’s son-in-law has resigned as Turkey’s finance minister as part of a surprise weekend shake-up in the country’s economic management after a period of intense pressure on …
Erdogan’s son-in-law Albayrak resigns as Turkey finance minister
The son-in-law of Turkish President Recep Tayyip Erdogan resigned on Sunday as finance minister, citing health reasons in a statement on his verified Instagram account.
Turkish bank rulings should be a wakeup call for global financial institutions
These milestone rulings make it crystal clear that Turkey has a terrorism and illicit finance problem, and it could soon pay a steep price. They should also serve as a wakeup call for international …
How will a Biden presidency affect Turkey?
Getting ‘tough on Turkey’ is a way for Biden to break with Trump’s respect for authoritarian leaders, analysts say.
FACTBOX-Turkey’s new central bank chief Agbal has track record, but tests await
ANKARA, Nov 7 (Reuters) – Turkey’s new central bank chief, Naci Agbal, is a close ally of President Tayyip Erdogan and served as his finance minister. He takes over with the lira hitting all …