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Tag: Turkey

Posted on March 21, 2024

Turkey’s central bank raises interest rate to 50% despite previous hints of end to hike cycle

Turkish annual consumer price inflation soared to 67% in February, fueling concerns that Turkey’s central bank might have to return to tightening.
Posted on March 21, 2024

Turkey’s central bank raises interest rate to 50% despite previous hints of end to hike cycle

Turkish annual consumer price inflation soared to 67% in February, fueling concerns that Turkey’s central bank might have to return to tightening.
Posted on March 21, 2024

Gold Smuggling Spikes in Turkey on Growing Gap With World Market

Turkey is facing a surge in gold smuggling as people seek to profit from the country’s growing premium to international markets due to a cap on imports.
Posted on March 21, 2024

GCC, Turkey launch talks on free trade agreement

According to the Turkish trade minister, the new free trade agreement will create one of the world’s largest free trade areas.
Posted on March 21, 2024

Surprise Turkey rate hike shores up lira, boosts bonds and stocks

A surprise bumper rate hike by Turkey’s central bank on Thursday boosted the country’s international sovereign bonds, lifted the lira off its recent lows and bolstered banking stocks.
Posted on March 21, 2024

Iraq warm to Turkey’s proposed anti-PKK joint ops centre, says Turkish official

Turkey proposed to set up a “joint operation centre” with Iraq in order to fight the outlawed Kurdistan Workers’ Party (PKK), and Baghdad responded “positively” in a meeting last week, a Turkish …
Posted on March 21, 2024

Iraq warm to Turkey’s proposed anti-PKK joint ops centre, says Turkish official

Turkey proposed to set up a “joint operation centre” with Iraq in order to fight the outlawed Kurdistan Workers’ Party (PKK), and Baghdad responded “positively” in a meeting last week, a Turkish …
Posted on March 21, 2024

In key Concession to Turkey, Iraq bans PKK

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. In key concession to Turkey, Iraq bans PKK Iraq’s government has …
Posted on March 21, 2024

US Imposes New Sanctions on Iran’s Military Procurement Networks

Measures target entities in Iran, Turkey, Oman and Germany that support Tehran’s ballistic missile, nuclear and defense programs …
Posted on March 20, 2024

Weak Lira Puts Rate Hike Back on Turkey’s Radar Days Before Vote

An interest-rate hike is back on the table in Turkey just two months after the central bank declared its tightening cycle over.Most Read from BloombergTrump Rules Out Vivek Ramaswamy as Running Mate a …

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