According to the Turkish trade minister, the new free trade agreement will create one of the world’s largest free trade areas.
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.
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 …
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 …
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 …
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 …
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 …
Five questions for Turkey’s decision makers: Hike or hold? Policy or politics?
Turkey’s central bank is expected to leave interest rates at 45% on Thursday, but with inflation thrashing towards 70% again and the lira crashing another 9% this year, there is certainly an argument …
Turkish warplanes strike Kurdish militant positions in Iraq, 4 wounded
Turkey carried out a new round of airstrikes targeting Kurdish militants in neighbouring Iraq on Tuesday, Turkey’s defence ministry said, hours after a Turkish soldier was killed and four others were …
Israel’s Ban on Palestinian Workers Is Hurting Both Economies
The head of Israel’s Manufacturers’ Association, Ron Tomer, has warned of shutdowns and layoffs and “a dependency on imports from unfriendly countries like Turkey and China.” Another concern is that …