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Posted on September 21, 2020

Goldman Revises Calls on Depth of Turkey’s Recession, Rate Hikes

Turkey will probably suffer a shallower economic contraction than first anticipated while running a wider current-account deficit this year, according to Goldman Sachs Group Inc., which also predicted …

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Posted on September 20, 2020

Goldman Says Turkey to Raise Upper Bound of Rate Corridor to 12%

Turkey’s central bank will raise the upper bound of its interest-rate corridor when it meets on Thursday while keeping benchmark borrowing costs on hold as its reserves and the lira remain under …

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Posted on September 19, 2020

New company launches shoot up in August in Turkey

Turkey saw a 76.4% annual rise in the number of newly formed companies in August, a top business body said on Friday. A total of 9,352 companies started doing business last month, up from 5,301 in …

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Posted on September 19, 2020

Rape, ethnic cleansing and looting: UN reveals Turkey’s crimes in Syria

The abuses have been directed against women and children, and primarily target minorities such as Yazidis, Kurds and Christians.

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Posted on September 19, 2020

EU Belarus sanctions in doubt as Cyprus demands action against Turkey

Veto threat from EU member threatens to derail plans to sanction Belarusian officials …

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Posted on September 19, 2020

Cyprus row complicates EU Belarus decision

The European Union’s plans for sanctions against Belarus have unravelled over a row between Cyprus and Turkey.

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Posted on September 18, 2020

The Oligarchs and the Watergate: Behind Trump’s Turkey ‘Bromance’

Turkey’s president has enjoyed an unusually powerful sway over the Trump administration. A new investigation reveals the relationship was built by a circle featuring Trump’s favorite lobbyist as …

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Posted on September 18, 2020

France: EU Sanctions on Turkey an Option Over Gas Standoff

France’s minister for Europe says the European Union should consider imposing sanctions against Turkey if the Turkish government  won’t suspend its search for energy reserves in eastern Mediterranean …

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Posted on September 18, 2020

Turkey’s confrontational foreign policy challenges Greece, European Union amid rising maritime tensions

NATO members Greece and Turkey have ratcheted up tensions in recent weeks over access to natural resources in the Mediterranean, causing yet another fracture in the western military alliance.

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Posted on September 18, 2020

Scottish tourist Anthony McDowall dies after balcony fall in Turkey

We are supporting the family of a British man following his death in Turkey and are in touch with the local authorities.” …

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