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.
Nigeria – Turkey to deepen trade, investment relations
To deepen bilateral trade between Nigeria and Turkey, investors from both countries are exploring new areas of investment by way of …
Blinken Discusses Gaza Plan With Turkey, Jordan and Saudi Arabia
(Reuters) – U.S. Secretary of State Antony Blinken held separate phone calls on Friday with foreign ministers from Saudi Arabia, Turkey and Jordan, the State Department said, to discuss a proposal to …
Activists criticize Turkey’s plan to euthanize stray dogs
Animal activists are criticizing Turkey’s plan to euthanize unadopted stray dogs :: Istanbul, Turkey:: Nilgul Sayar, Animal Rights Activist:: “(The municipalities) say they will collect the dogs from …
For some Palestinians who adored Turkey’s Erdogan, Gaza response ‘too little, too late’
HEBRON — When rogue officers sought to overthrow Turkey’s president, Recep Tayyip Erdogan, in a bloody coup in July 2016, crowds of Palestinians in Gaza and the West Bank took to the streets in …