Despite a relative slowdown in July, Turkey’s consumer inflation appears on course to overshoot the central bank’s newly revised year-end forecast of 60.4%.
Turkey’s inflation hits almost 80% as Erdogan insists on low-rate policy
Despite a relative slowdown in July, Turkey’s consumer inflation appears on course to overshoot the central bank’s newly revised year-end forecast of 60.4%.
Erdoğan in Tehran, but Turkey and Iran have plenty of mistrust to overcome
Iranian-Turkish trade and economic cooperation has been the all-important platform on which otherwise often tense bilateral relations could survive. With trade and economic ties now weakening, their …
Two Weeks in Turkey: Hotspots, Hidden Gems and Endless Kebabs
It’s five in the morning as the sky’s impenetrable black mask begins lifting, revealing grays and soft blues in its stead. There are well over 100 hot-air balloons being birthed from flame all around …
Central bank and firms clash again on Turkey’s new loan rules
Tuesday, arguing the measures create favourable financial conditions for exporters. Companies have been complaining about Turkish authorities’ steps to limit loans to firms unless they are net …
Live news updates: Turkey’s inflation rises to 79.6% in July
However the carmaker warned that “ongoing inflation and interest rate hikes will continue to shape the macroeconomic environment in the coming months and impact demand”. It added that an …
‘It’s just hell’: Ukraine says Russia has the advantage in battle for the Donbas; grain ship safely arrives in Turkey
Ukraine’s President Zelenskyy has described the situation in the Donbas in east Ukraine as hellish, with Russia still having the upperhand in the region.
Central bank and firms clash again on Turkey’s new loan rules
Tuesday, arguing the measures create favourable financial conditions for exporters. Companies have been complaining about Turkish authorities’ steps to limit loans to firms unless they are net …
‘It’s just hell’: Ukraine says Russia has the advantage in battle for the Donbas; grain ship safely arrives in Turkey
Ukraine’s President Zelenskyy has described the situation in the Donbas in east Ukraine as hellish, with Russia still having the upperhand in the region.
‘It’s just hell’: Ukraine says Russia has the advantage in battle for the Donbas; grain ship safely arrives in Turkey
Ukraine’s President Zelenskyy has described the situation in the Donbas in east Ukraine as hellish, with Russia still having the upperhand in the region.