ANKARA — Turkey’s Central Bank hiked interest rates Thursday by 500 basis points from 25% to 30%.
Turkey’s central bank increases interest rate to 30% as country tries to tackle inflation
Finance Minister Mehmet Simsek told investors in New York that tackling inflation is Turkey’s “number one priority”. The central bank can’t let up, with inflation now running at almost 60 per cent and …
Turkey moves against Europe with trade corridor alternative to IPEC
President Erdogan says Ankara may “part ways with the EU” as G20-supported shipping and rail corridor proposes to bypass Turkey.
Continent Worldwide Hotels and Master Realtor Turkey Unveil New Living Concept in Konya
Continent Worldwide Hotelsis introducing a transformative living concept in Konya, setting new benchmarks in Turkish hospitality.
Turkey expects foreign inflows after investors meeting in New York -finance minister
Turkish Finance Minister Mehmet Simsek said on Tuesday that his meeting with investors in New York will contribute to foreign inflows to Turkey. In a post on social media platform X, Simsek said he …
Turkey Seeks to Charm US Investors With Orthodox Steps
As Turkey’s leader addresses the United Nations General Assembly on Tuesday, his finance minister, Mehmet Simsek, will meet with bankers in New York in an effort to lure much-needed investment for the …
US Issues More Sanctions Over Iran Drone Program After Nation’s President Denies Supplying Russia
The U.S. has imposed sanctions on seven people and four companies in China, Russia and Turkey who officials allege are connected with the development of Iran’s drone program …
Turkey’s Simsek Seeks to Charm US Investors With Orthodox Steps
As Turkey’s leader addresses the United Nations General Assembly on Tuesday, his finance minister, Mehmet Simsek, will meet with bankers in New York in an effort to lure much needed investment for his …
Awkward Small Talk: Turkey’s Erdogan Asks Elon Musk About His ‘Wife’
Tesla CEO Elon Musk and Turkish President Recep Tayyip Erdoğan shared an awkward small talk when the latter asked about Musk’s ‘wife,’ Business Insider reported . Musk who was accompanied by his son X …
Swedish police source accuses Turkey of leaking high-level intelligence to drug gang
By Akin Nazli in Belgrade Highly classified intelligence material shared by Swedish authorities with Turkish counterparts for the capture of Rawa Majid, known as the “Kurdish Fox”, was discovered on …