In his choices of top officials, and with a leap in interest rates, Mr. Erdogan aims to tame inflation and defuse a looming economic crisis.
Turkey hikes interest rates to 15% as Erdogan reverses policy on fighting inflation
This month, Erdogan also appointed Mehmet Simsek, Turkey’s former deputy prime minister and finance minister, and a former economist for US wealth management firm Merrill Lynch, as his finance …
Turkey hikes interest rates to 15% as Erdogan reverses policy on fighting inflation
This month, Erdogan also appointed Mehmet Simsek, Turkey’s former deputy prime minister and finance minister, and a former economist for US wealth management firm Merrill Lynch, as his finance …
Turkey’s central bank hikes interest rates sharply
He also sacked the national statistics body chief, accusing the organization of exaggerating the scope of Turkey’s financial difficulties. New appointees were expected to restore normalcy Erdogan …
Turkish property prices are soaring
But even a policy U-turn, which kicked off on June 22nd, when Turkey’s central bank increased the benchmark interest rate by 6.5 percentage points, might not be enough to bring the property market …
Erkan: Former Wall Street star overseeing Turkey’s troubles
Turkey’s powerful leader, Recep Tayyip Erdogan … She is also a graduate of Harvard Business School’s advanced management program, and the Stanford Graduate School of Business Executive Program in …
Live news: Turkey overhauls finance ministry ahead of pivotal central bank meeting
Turkey has named a slate of deputy finance ministers just hours before a pivotal central bank meeting as the country continues to overhaul its economic management team. The four new deputies, who all have previous experience in the Turkish bureaucracy, will report to Mehmet Şimşek, the new finance minister.
Another five years with Turkey’s not-so-strong strongman
Turkey’s freshly re-elected Islamist-nationalist president torments Istanbul’s secular inhabitants. There are ever fewer neighbourhoods where secular people can live as they want. Vast new mosques proliferate,
Time has come for Turkey to ratify Sweden’s NATO bid, Swedish minister says
Turkey’s parliament should begin to ratify Sweden’s bid to join NATO because Stockholm has now met its obligations under an accord with Ankara on joining the Western military alliance, Swedish Foreign Minister Tobias Billstrom said on Wednesday.
It Took an Earthquake for These Syrian Refugees to Feel at Home in Turkey
These refugees had the chance to move freely after the earthquake prompted the Turkish government to give them permission to leave for 60 days