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Posted on November 9, 2020

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.

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Posted on November 9, 2020

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 …

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Posted on November 9, 2020

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 …

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Posted on November 8, 2020

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.

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Posted on November 8, 2020

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 …

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Posted on November 8, 2020

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.

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Posted on November 7, 2020

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 …

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Posted on November 7, 2020

Turkey fires central bank chief as lira slides to record low

Turkish President Recep Tayyip Erdogan has fired the governor of the country’s central bank. The move comes after Turkey’s currency, the lira, fell to a record low.

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Posted on November 7, 2020

BREAKING: Turkey sacks central bank governor

Turkey fired the governor of its central bank and replaced him with a former finance minister, a presidential decree published in the official gazette said Saturday, after the Turkish lira reached …

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Posted on November 7, 2020

Talking turkey is a serious conversation at Foodshare in Bloomfield

2020 has already proven to be an unprecedented challenge for Bloomfield-based Foodshare and its partners and that trend will continue as the Thanksgiving holiday approaches. This year, most of …

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