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Tag: Turkey

Posted on November 4, 2022

It doesn’t feel like fall, but it’s still time to talk turkey

The stars of Thanksgiving get a lot of attention in this week’s episode of “This Bites,” including a new restaurant’s delicious twist on turkey legs.
Posted on November 4, 2022

Libya differences stall Turkey-Egypt fence-mending

Turkey’s moves in Libya have undermined its fledgling dialogue with Egypt, even as Ankara took a number of measures to restrict Brotherhood exiles to please Cairo.
Posted on November 4, 2022

IMF tells Turkey to raise interest rates

Inflation is rampant in Turkey, but Turkey’s Central Bank stubbornly continues to cut interest rates under pressure from President Erdogan.
Posted on November 4, 2022

Talking turkey: See why your Thanksgiving spread is going to cost more in 2022

Having the whole family around the table for Thanksgiving dinner may fill your heart, but don’t be surprised if it drains a little more from your bank account in 2022 than years past. Market research …
Posted on November 4, 2022

IMF staff recommends Turkey raise rates, boost central bank independence

Turkey should tighten monetary policy and give its central bank more independence, a mission from the International Monetary Fund (IMF) said on Friday. “To address (Turkey’s) challenges, the …
Posted on November 3, 2022

When should I buy my Thanksgiving turkey? Shortage rumors lead to mixed messages

In an era when the term “shortage” is routinely used as an excuse to increase prices, legitimate or not, Thanksgiving turkeys could be affected. So if you find one today, consider buying it. According …
Posted on November 3, 2022

Raging consumer inflation in Turkey up 85.5% from a year ago

Turkey’s October Consumer Price Index showed annual inflation was up 85.5% from a year ago in October, driven largely by energy and food prices. The severe inflation has lasted for 17 straight months.
Posted on November 3, 2022

Turkey releases official October inflation at 86% y/y

Official consumer price index (CPI) inflation in Turkey amounted to 86% y/y in October, following on from the 83% announced for September, the Turkish Statistical Institute (TUIK, or TurkStat) said on …
Posted on November 3, 2022

Turkey’s President Erdogan is emerging as a power player in Ukraine after brokering an abrupt reversal by Russia

As the war in Ukraine drags on, Turkey’s President Recep Tayyip Erdoğan is playing an increasing role in getting both sides to the table.
Posted on November 3, 2022

Turkey’s Inflation Hits 24-Year High of 85.5% After Rate Cuts

The annual inflation in October was the highest since June 1998, when Turkey was working to end a decade of high … featuring tips and expert insight on all things money: personal finance, careers, …

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