Nearly 300,000 buildings in Turkey either collapsed or were severely damaged … G-20 countries and UN members as well as international financial institutions. Survivors of the earthquake in …
EU warned over Turkey cash pledges as VDL ‘shovels money’ into Erdogan’s pockets
Nearly 300,000 buildings in Turkey either collapsed or were severely damaged … G-20 countries and UN members as well as international financial institutions. Survivors of the earthquake in …
Turkey’s cenbank holds rate at 8.5%, to maintain support
REUTERS/Umit Bektas//File Photo ANKARA, March 23 (Reuters) – Turkey’s central bank held its policy rate at 8.5% as expected on Thursday, saying it had become even more important to keep financial …
Economists Are Divided on Whether Turkey Will Pause or Surprise With Rate Cut
Another reason for the central bank to hold off from monetary easing is that its reserves have additionally come under strain from having to finance the bulk of Turkey’s current-account deficit, which …
EU’s EIB to override Turkey lending ban with earthquake aid
The European Union’s lending arm, the European Investment Bank, is to temporarily override its near 4-year long ban on financing in Turkey to provide 500 million euros ($540 million) for the country’s …
Erdogan tries to salvage economic credibility before Turkey’s election
Erdogan, who has led Turkey for two decades but is trailing in opinion polls … whose policies have set off a cost-of-living crisis and left the economy and financial markets heavily state-managed, …
Pro-Kurdish party signals support for Turkey’s main opposition candidate
Turkey’s third-biggest political party has said it will not field its own candidate for president in May’s election, a move that is likely to boost support for the main opposition candidate hoping to …
Analysis-Erdogan Tries to Salvage Economic Credibility Before Turkey’s Election
Analysis-Erdogan Tries to Salvage Economic Credibility Before Turkey’s Election By Orhan Coskun and Jonathan Spicer ANKARA (Reuters) – Former Turkish economy tsar Mehmet Simsek’s refusal to return to …
Analysis-Erdogan Tries to Salvage Economic Credibility Before Turkey’s Election
Analysis-Erdogan Tries to Salvage Economic Credibility Before Turkey’s Election By Orhan Coskun and Jonathan Spicer ANKARA (Reuters) – Former Turkish economy tsar Mehmet Simsek’s refusal to return to …
Kuwait Pledges USD 90 Mln For UN’s Syria, Turkey Financing Appeal
Kuwait pledged about USD 90 million to support the UN’s efforts to aid survivors of the earthquake that hit Turkey and …