ISTANBUL, June 3 (Reuters) – Turkey’s IC Holding wants to build the country’s second and third nuclear plants and is looking at winning more construction contracts abroad, particularly in Vietnam and …
Turkey’s defense minister says planned elections by Syrian Kurdish groups are ‘unacceptable’
Turkey’s defense minister says plans by U.S.-backed Kurdish groups to hold local elections in northern Syria are “unacceptable” and a threat to Turkey’s national security …
Turkey’s inflation tops 75% but economy czar says ‘worst is over’
However, Turkey’s Finance and Economy Minister Mehmet Simsek sought to reassure the public and international investors, saying the “worst is over.” The year-on-year inflation, which surged last month …
Turkey’s inflation tops 75% but economy tzar insists ‘worst is over’
ANKARA — Turkey’s annual consumer inflation rate exceeded 75% in May, the highest in the past 18 months, according to official data released on Monday. However, Turkey’s Finance and Economy Minister …
Turkey’s inflation passes 75% in what economists believe is peak
Economists had previously forecast that inflation in the country of 85 million would peak around 75%. Turkey has been on a year-long journey of steadily hiking interest rates in an effort to cool …
Turkey’s inflation hits 75.45%, highest since November 2022
In May, inflation in Turkey accelerated from 69.8% to 75.45% year over year, reaching its highest level since November 2022. Forecasts had anticipated a reading of 74.8% y/y. According to Bartosz …
Tunisia needs to increase exports to Turkey to reduce trade deficit
The amendment of the free trade agreement signed by Tunisia and Turkey helped increase Tunisian exports (+7.3%) and cut imports (-5%) in the first fourth months of 2024, said Head of Cooperation with …
Turkey’s Pegasus to begin work soon on new plane order for delivery beyond 2029
DUBAI (Reuters) – Turkey’s Pegasus Airlines will in the coming months begin work on its next plane order as it looks to continue its fast-paced growth into the next decade, the budget carrier’s CEO …
Turkey’s Pegasus to begin work soon on new plane order for delivery beyond 2029
DUBAI (Reuters) – Turkey’s Pegasus Airlines will in the coming months begin work on its next plane order as it looks to continue its fast-paced growth into the next decade, the budget carrier’s CEO …
Turkey Poised to Reach Worst of Inflation With Peak Close to 75%
(Bloomberg) — Turkey hopes it’s close to turning the page on another … measures to restrain loan growth and remove excess liquidity from the market to ensure financial conditions stay restrictive.