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.
Turkey Completes New Homes in Area Hit by Devastating Earthquake
ANKARA (Reuters) – Turkey on Saturday handed over keys to newly-completed homes to some of those left homeless after last year’s devastating earthquake, one year after the country’s deadliest disaster …
A year after major quake, Turkey starts delivering homes for affected
One year after the devastating earthquakes that killed tens of thousands, Turkey has started delivering newly built apartments for locals whose buildings either collapsed or were heavily damaged. “We continue to feel the pain of the lives we lost in the earthquake,
Fed, Amazon Were Training Grounds for Turkey Central Bank Chief
Turkey’s new central bank governor is a University of Pennsylvania-educated economist who’s taking over after a period of rapid transition to a more hawkish policy stance in the nearly $1 trillion …