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Tag: Turkey

Posted on May 31, 2023

Lira hits record low as Turkey prepares for new cabinet

Turkey’s lira tumbled on Wednesday to a fresh record low against the dollar as President Tayyip Erdogan prepared to decide the shape of his new cabinet and the direction of economic policy after an …
Posted on May 31, 2023

New anti-terror law should convince Turkey to back NATO bid, Swedish minister says

New anti-terrorism legislation which comes into force this week should pave the way for Sweden to join NATO in coming weeks and overcome a Turkish veto, Swedish Foreign Minister Tobias Billstrom said on Wednesday.
Posted on May 31, 2023

Erdoğan’s pre-election spending spree boosts Turkey’s economy

Turkey’s growth accelerated in early 2023 as the ultra-loose economic policies president Recep Tayyip Erdoğan put in place ahead of this month’s pivotal election offset a hit from February’s …
Posted on May 31, 2023

Erdoğan’s pre-election spending spree boosts Turkey’s economy

Turkey’s growth accelerated in early 2023 as the ultra-loose economic policies president Recep Tayyip Erdoğan put in place ahead of this month’s pivotal election offset a hit from February’s …
Posted on May 31, 2023

Exclusive: Turkey’s new cabinet almost certain to include Simsek, four sources say

Turkish President Tayyip Erdogan is viewed as almost certain to include former economy chief Mehmet Simsek in his new cabinet, either as finance minister or as a vice president responsible for the …
Posted on May 31, 2023

EMERGING MARKETS-Disappointing China data drags EM stocks to two-month low

Emerging market stocks slumped on Wednesday as a faster-than-expected slowdown in China’s factory activity exacerbated fears of a weak recovery in the world’s second-largest economy, while Turkey’s …
Posted on May 31, 2023

Could Erdoğan’s continued engagement with Russia despite Putin’s war on Ukraine put Turkey’s membership in NATO on the line?

Erdoğan has successfully maintained a multivector foreign policy, which has enabled him to have constructive relations with Russia, China, and countries throughout the Middle East, even if this has been to the detriment of Turkey’s alliances with the West.
Posted on May 31, 2023

Senior US lawmaker wants change from Turkey before F-16 sale approval

A senior U.S. senator who has long opposed the potential sale of F-16 fighter jets to Turkey said on Tuesday he wants Turkish President Tayyip Erdogan to take a “less belligerent” stance toward NATO allies and Turkey’s neighbors before lifting his opposition to the deal.
Posted on May 31, 2023

Turkey Drags Down Emerging-Market Bonds Most in Three Months

The deep selloff in Turkey’s dollar debt around the country’s presidential elections has triggered the worst month for emerging-market bonds since February.Most Read from BloombergWinklevoss Twins Att
Posted on May 31, 2023

U.S. to Turkey: It’s time for Sweden to join NATO

While NATO members cemented the accession of Finland this spring, Turkey and Hungary have so far declined to ratify Sweden’s membership.

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