Azerbaijan has invested significant funds in the Turkish Petkim petrochemical complex, owned by the State Oil Company of Azerbaijan (SOCAR), and this is yielding successful results, Trend reports …
Global Investment Banks to Be Exempted From Turkey’s Lira Limits
Turkish authorities are working on a plan to exempt global investment banks from some restrictions on swapping foreign exchange for liras after easing access for international development banks, …
Turkey’s tumbling lira tests Erdogan’s rate resolve
Turkish central bank head Murat Uysal has stuck to the rate-cutting script since President Tayyip Erdogan hired him to lift Turkey out of a recession and currency crisis.
EBRD and IFC to Boost Lira Loans After Turkey Relaxes Swap Rules
The European Bank for Reconstruction and Development and the International Finance Corp. will likely extend more lira loans to Turkish companies after the government exempted such institutions from …
US Action Against IS Financier Shows Jihadists’ Cash Flow Continues from Turkey
The U.S. designation last week of a new Turkey-based member of the notorious Rawi Network for allegedly facilitating money transfers to the Islamic State (IS) in Syria has raised fresh concerns among …
Turkey’s assertive foreign policy
Gideon Rachman talks to academic and writer Sinan Ulgen about Turkey’s foreign policy under President Recep Tayyip Erdogan, focusing on the controversial decision to turn Istanbul’s Hagia Sophia …
Coronavirus live news: Turkey sees over 1,000 new cases for second day in a row
France reports 1,695 new cases, Spain reports 1,772; Greek health officials register highest number of new cases since 22 April …
Thousands Protest In Turkey Against Domestic Violence
Thousands of women in Turkey took to the streets on Wednesday to demand that the government does not withdraw from a landmark treaty on preventing domestic violence. The protests were the biggest in …
IG report: Turkey still aiding Islamic State
Turkey, a NATO member, remains a regional transit hub for Islamic State terrorists, a Defense Department Inspector General’s report says.
Fears Grow In Turkey As Daily Virus Cases Top 1,000
Turkey has expressed concern over the rising number of coronavirus cases as the daily infection toll exceeded 1,000 for the second day in a row on Wednesday. Ankara has eased most of the restrictions …