Turkish annual consumer price inflation soared to 67% in February, fueling concerns that Turkey’s central bank might have to return to tightening.
Gold Smuggling Spikes in Turkey on Growing Gap With World Market
Turkey is facing a surge in gold smuggling as people seek to profit from the country’s growing premium to international markets due to a cap on imports.
GCC, Turkey launch talks on free trade agreement
According to the Turkish trade minister, the new free trade agreement will create one of the world’s largest free trade areas.
Surprise Turkey rate hike shores up lira, boosts bonds and stocks
A surprise bumper rate hike by Turkey’s central bank on Thursday boosted the country’s international sovereign bonds, lifted the lira off its recent lows and bolstered banking stocks.
Iraq warm to Turkey’s proposed anti-PKK joint ops centre, says Turkish official
Turkey proposed to set up a “joint operation centre” with Iraq in order to fight the outlawed Kurdistan Workers’ Party (PKK), and Baghdad responded “positively” in a meeting last week, a Turkish …
Iraq warm to Turkey’s proposed anti-PKK joint ops centre, says Turkish official
Turkey proposed to set up a “joint operation centre” with Iraq in order to fight the outlawed Kurdistan Workers’ Party (PKK), and Baghdad responded “positively” in a meeting last week, a Turkish …
In key Concession to Turkey, Iraq bans PKK
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. In key concession to Turkey, Iraq bans PKK Iraq’s government has …
US Imposes New Sanctions on Iran’s Military Procurement Networks
Measures target entities in Iran, Turkey, Oman and Germany that support Tehran’s ballistic missile, nuclear and defense programs …
Weak Lira Puts Rate Hike Back on Turkey’s Radar Days Before Vote
An interest-rate hike is back on the table in Turkey just two months after the central bank declared its tightening cycle over.Most Read from BloombergTrump Rules Out Vivek Ramaswamy as Running Mate a …
Five questions for Turkey’s decision makers: Hike or hold? Policy or politics?
Turkey’s central bank is expected to leave interest rates at 45% on Thursday, but with inflation thrashing towards 70% again and the lira crashing another 9% this year, there is certainly an argument …