In a significant move within its financial institutions, Turkey has appointed Fatih Karahan as the new head of its central bank, marking the fifth change in the institution’s leadership in the past …
Turkey’s Economic Direction Under New Central Bank Governor Fatih Karahan
In a significant move within its financial institutions, Turkey has appointed Fatih Karahan as the new head of its central bank, marking the fifth change in the institution’s leadership in the past …
Turkey’s inflation sees biggest monthly jump since August, nears 65% year on year
Inflation in Turkey for the month of January saw its biggest monthly jump since August, rising 6.7% from the month prior, while year-on-year inflation hit nearly 65%, according to the Turkish Central …
Turkey’s new central bank governor, formerly at Amazon and New York Fed, seen as a ‘credible choice’
Previously the central bank’s deputy governor, Karahan’s resume features years spent in prominent American institutions and companies. With Turkey’s inflation at 65%, the 42-year-old economist has his work cut out for him.
A year after Syria’s deadly earthquake, orphaned children adjust to the loss bit by bit
On Feb. 6, 2023, a massive earthquake hit Syria and Turkey and the baby girl was pulled alive from the rubble of her family’s house in the town of Jinderis in northern Syria. She was still attached by …
Turkey to discuss ‘new mechanism’ for Ukraine Black Sea grain exports with Russia
Turkish President Tayyip Erdogan will discuss a new mechanism to allow Ukrainian grain exports through the Black Sea with his Russian counterpart Vladimir Putin during his upcoming visit to Turkey, …
New Turkey Central Bank Chief Vows to Maintain Tight Policy
The Turkish central bank’s new Governor Fatih Karahan said current levels of monetary tightness would be preserved in his first remarks since his appointment on Saturday. In an English statement …
New Turkey Central Bank Chief Vows to Maintain Tight Policy
The Turkish central bank’s new Governor Fatih Karahan said current levels of monetary tightness would be preserved in his first remarks since his appointment on Saturday. In an English statement …
Turkey’s central bank plans tight monetary policy until inflation curbed
Nevzat Devranoglu and Huseyin Hayatsever report on Turkey’s new central bank governor, Fatih Karahan, replacing Hafize Gaye Erkan. Karahan emphasizes …
Two killed in police helicopter crash in southern Turkey -minister
A police helicopter crashed in southern Turkey late on Saturday, killing 2 police officers and injuring one, Interior Minister Ali Yerlikaya said in a post on social media platform X.