ANKARA, Feb 12 (Reuters) – Turkey’s finance minister announced on Saturday a new credit guarantee fund package worth 60 billion lira ($4.44 billion), including investment and export incentives, each …
Turkey lowers taxes on basic foods to fight high inflation
Turkey’s president has announced a significant … on social media to show how close they are to being driven out of business. Turkey’s minister of treasury and finance, Nureddin Nebati …
Uyghur Muslims protest in Turkey against Pakistan PM Imran Khan’s clean chit to China
Istanbul [Turkey], February 12 (ANI): Uyghur diaspora held protests in Istanbul, against Pakistan Prime Minister Imran Khan for his remarks on China just prior to departing to attend the inaugural …
‘Bismillah’ found on 195 million-year-old marble discovered in Turkey
The marking that appear to form Bismillah, or In the name of God, was on a marble slab found in a marble quarry in Turkey’s Mediterranean province of Antalya. The discovery was made in the marble …
‘Bismillah’ found on 195 million-year-old marble discovered in Turkey
The marking that appear to form Bismillah, or In the name of God, was on a marble slab found in a marble quarry in Turkey’s Mediterranean province of Antalya. The discovery was made in the marble …
Turkey’s Sovereign-Debt Rating Cut Further Into Junk by Fitch
(Bloomberg) — Fitch Ratings cut Turkey’s sovereign credit rating further into junk, citing factors including the nation’s vulnerability to high inflation. Most Read from Bloomberg The Housing …
Citing inflation, Fitch downgrades Turkey to ‘B+’
“Policy-driven financial stress episodes of higher frequency and intensity have increased Turkey’s vulnerabilities in terms of high inflation, low external liquidity and weak policy credibility,” …
Fitch cuts Turkey’s credit rating deeper into junk territory
Ratings agency Fitch on Friday downgraded Turkey’s sovereign debt rating to “B+” from “BB … Reuters provides trusted business, financial, national, and international news to professionals via …
Turkey committed to new policy and banks need to help -Nebati
Finance Minister Nureddin Nebati said on Friday investors in London, with whom he held talks this week, know that Turkey will not turn back from its new economic model and that private banks need to …
Unique market Turkey facing ‘moment of truth’ for investors says VTB Capital
VTB proposes that the base case scenario should be survival and a welcome re-rating, noting: “We believe that the main issue with Turkey is the wrong macroeconomic policy rather than fundamental …