Gradual interest rate cuts in Turkey next year will boost the banking sector and support demand for Turkish lira assets, Garanti BBVA bank Chief Executive Mahmut Akten said in an interview.
Iraq repatriates nearly 100 nationals from Syria
ERBIL, Kurdistan Region – Iraqi government on Sunday returned another batch of nearly 100 nationals, who had fled to Syria due to the Islamic State (ISIS) war, through Turkey, announced the migration …
Tragic village murder in Turkey: Family sentenced to life
The trial has concluded in Turkey for the family members of an eight-year-old girl whose body was found in September. The girl’s mother, brother, and uncle were sentenced to life imprisonment for “premeditated murder.
Erdogan Says Turkey Interest Rates Will Definitely Fall in 2025
Turkey’s President Recep Tayyip Erdogan said interest rates will fall in 2025 as he once again stated his unconventional belief that lowering interest rates will slow down price increases.
As resurgent ISIS exploits Syria’s void, will Trump cede fight to Turkey?
Following the fall of the Syrian regime, the Islamic State is exploiting power vacuums to rebuild as Turkey positions itself to potentially take over counter-ISIS efforts while advancing its own regional interests.
Golden retriever ruins family holiday after running off with whole turkey
A pet golden retriever managed to ruin his family’s holiday after running off with their entire turkey in his mouth. Chuck’s owner was dropping presents at her friend’s house in Armagh, Northern …
Top tips for cooking Christmas turkey without it going dry, according to a chef
Christmas dinner is one of the most highly anticipated meals of the year, but there’s one thing that can spoil the feast, and that’s dry meat. Turkey isn’t everyone’s favourite thing to eat, but we …
Turkey hikes minimum wage by 30% in line with financial market demands
By Akin Nazli in Belgrade Turkey has hiked its net minimum wage by 30% to Turkish lira (TRY) 22,104 ($627) effective as of January 1, 2025, labour minister Vedat Isikhan said on December 24. The cost …
Turkey’s Central Bank surprises markets with sharp rate cut as inflation eases
The Central Bank of the Republic of Turkey (CBRT) has cut its benchmark one-week repo rate by 250 basis points, bringing it down to 47.5%. The move exceeded economists’ forecasts of a 150-basis-point …
Turkey’s Bold Leap into Crypto Regulation: Safeguarding the Future of Digital Finance
Introduction and Key Changes Turkey has recently introduced new rules for cryptocurrencies to improve oversight and ensure compliance within its growing market. These regulations, published on …