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Tag: Turkey

Posted on December 19, 2021

Not Just China and Russia, U.S. Ally Turkey Says ‘Many Are Questioning’ Biden’s Democracy Summit

“List of invitees suggest political expediency took precedence over genuine democratic considerations,” the Turkish embassy in Washington told Newsweek.

( read original story …)



Posted on December 18, 2021

Could Turkey’s currency crisis lead to worse problems for Erdoğan? – analysis

Turkey’s ruling AKP party has struggled to stabilize the lira as Turkey’s currency continues to weaken. This has been a disaster for Turkey and especially its middle class. However, it is unclear …

( read original story …)



Posted on December 18, 2021

Bereket Sigorta is championing participation insurance in Turkey

Bereket Sigorta has been visionary in the insurance sector, having implemented a first-of-its-kind participation model, but this is just one of many accomplishments for this dynamic and innovative bus …

( read original story …)



Posted on December 18, 2021

Istanbul Stock Market Halts Trading Twice Amid Turkey’s Growing Financial Crisis

The ongoing financial crisis in Turkey worsened on Friday as the Istanbul stock market was twice forced to suspend trading activity while the value of the Turkish lira …

( read original story …)



Posted on December 18, 2021

Istanbul Stock Market Halts Trading Twice Amid Turkey’s Growing Financial Crisis

The ongoing financial crisis in Turkey worsened on Friday as the Istanbul stock market was twice forced to suspend trading activity while the value of the Turkish lira …

( read original story …)



Posted on December 17, 2021

Turkey’s Erdogan Is Losing Support Where He Can Least Afford It

The anger sweeping along highways linking the humble hometown of Turkey’s leader and his plush lodgings in Ankara’s presidential palace is flashing a code red warning for Recep Tayyip Erdogan.Tea …

( read original story …)



Posted on December 17, 2021

Turkey’s Erdogan finds a new way to fuel inflation

All policy paths in Turkey lead to inflation. President Tayyip Erdogan on Thursday announced a 50% hike in the monthly minimum wage to 4,250 lira ($275) . The Confederation of Progressive Trade Unions …

( read original story …)



Posted on December 17, 2021

Hepsiburada Announces Plans to Acquire Consumer Finance Company in Turkey

D-MARKET Electronic Services & Trading (“Hepsiburada”, or the “Company”), a leading Turkish e-commerce platform, today announces the entry into a definitive agreement to acquire Doruk Finansman A.Ş., …

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Posted on December 17, 2021

Turkey looks to bolster business ties with Africa

Turkey is seeking to enhance its cooperation and business ties with African nations, as the Third Turkey-Africa Partnership Summit kicked off here Thursday at a time when the country is witnessing a …

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Posted on December 17, 2021

Tumbling lira favors foreigners seeking real estate in Turkey

Turkey’s national currency, the lira, continued its downward spiral today after the Central Bank cut interest rates for the fourth time in a row. With inflation running at 20%  and the lira shedding …

( read original story …)



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