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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 …
Posted on March 20, 2024

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 …
Posted on March 20, 2024

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 …
Posted on March 19, 2024

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 …

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Posted on March 19, 2024

Hunter thinks he’s firing at turkey, then man yells he’s been shot, Florida cops say

A hunter thought he spotted a male turkey in the woods and shot at it, but he hit a man instead, Florida police said. Shortly before 8 a.m. on March 17, authorities received a call reporting a man …

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