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Tag: Turkey

Posted on June 7, 2023

Turkey Considers Significant Interest Rate Hike, Potentially Reaching 25 Percent

According to JPMorgan economists, an upcoming meeting of Turkey’s Monetary Policy Committee, scheduled for June 22 or possibly earlier, may result in …
Posted on June 7, 2023

Turkey at a crossroads: Will it turn to the East or West?

Turkey celebrates its 100th anniversary in 2023. For centuries, Turkey has straddled two worlds – Europe and the Middle East. In the early 2000s, the country was hailed as a “model democracy” for Muslim-majority countries.
Posted on June 6, 2023

First Republic’s former co-CEO could be Turkey’s next central bank chief

Leaving First Republic a year before the bank’s troubles began may have been a smart move by Hafize Gaye Erkan, who is being considered to head Turkey’s central bank.

( read original story …)



Posted on June 6, 2023

Banks Divided Over Size of Turkey Rate Hikes After Erdogan’s Win

Economists at some of the biggest global banks are offering sharply different views of how Turkey will go about raising interest rates this month, a prospect that seemed remote before President Recep …

( read original story …)



Posted on June 6, 2023

What does Erdogan’s re-election mean for Turkey-Gulf relations?

Economic and defence deals, along with the Turkish president’s personal ties with regional leaders, to boost relations.
Posted on June 5, 2023

How to Buy Property in Istanbul?

Be aware of the taxes and fees associated with property transactions in Turkey, such as property transfer tax, title deed fees, and legal fees. Completion and Post-Purchase: After the title deed …

( read original story …)



Posted on June 5, 2023

‘Greedy’ boss steals £150,000 from charity and flees to Turkey where she is on the run

Donna Wells siphoned funds from Young Addaction Halton into a friend’s burger van business before transferring them to herself, Liverpool Crown court was told …
Posted on June 5, 2023

‘Greedy’ boss steals £150,000 from charity and flees to Turkey where she is on the run

Donna Wells siphoned funds from Young Addaction Halton into a friend’s burger van business before transferring them to herself, Liverpool Crown court was told …
Posted on June 5, 2023

Inflation in Turkey drops below 40% in May as Erdogan forms economic team

As Turkey’s annual inflation eases further in May, eyes are on the policies the reelected president’s new economic team will pursue with Mehmet Simsek at the helm.
Posted on June 5, 2023

Analysis: Welcoming Simsek, Turkey investors embrace wary optimism for orthodoxy

International investors have welcomed respected veteran policy maker Mehmet Simsek’s return to the top of Turkey’s Finance Ministry, hoping his appointment will come with a licence to steer the country away from the financial precipice.

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