Tag: Turkey

A passenger bus veered off the road and crashed into a roadside ditch in central Turkey on Monday, killing 12 people and injuring 19 others, officials said. The driver of the bus lost control of the …

As the lira was approaching a decade of continuous losses, Turkish policymakers hit on an idea that promised a quick fix, and it helped stave off another currency crisis.

A passenger bus veered off the road and crashed into a roadside ditch in central Turkey on Monday, killing 12 people and injuring 19 others, officials said.

The Turkish coastguard rescued more than 125 people in the Aegean Sea after they were illegally pushed back from Greek waters, Turkey’s coastal authorities said on Sunday. Rubber dinghies had been floating off the coasts of Dikili and Menderes districts …

Turkish banks now hold $125bn in the protected deposit accounts, amounting to about a quarter of total deposits, according to data from Turkey’s Banking Regulation and Supervision Agency. Economists and investors have long viewed these accounts as a big risk since they create a tight link between the country’s government finances and the lira.

ANKARA — Turkey’s recent avoidance of a public confrontation with Russia may reflect its efforts to maintain its balancing act while working out problems behind closed doors. The two capitals enjoyed …

Due to high medical costs in the U.S., more people are traveling to Turkey for medical care. Keep reading to learn if it’s the right move for you.