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Posted on December 13, 2021

Turkey Posts Record Current-Account Surplus for October

By Nihad Ahmed Turkey posted a current-account surplus for the third month running in October, data from the Turkish central bank showed Monday. The …

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Posted on December 13, 2021

No compromise on free market principles: Turkey’s new finance minister

Turkey has reaffirmed its determination to stick to free market economic policies, as the newly-appointed finance minister reassured that the government will be proceeding hand in hand with the …

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Posted on December 12, 2021

Turkish lira collapse piles misery on northern Syria

Debek, a schoolteacher in northern Syria, is on strike: the currency devaluation in neighbouring Turkey has slashed the value of his salary by …

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Posted on December 12, 2021

ExxonMobil, Qatar sign Cyprus gas deal despite Turkey opposition

US giant ExxonMobil and Qatar Energy signed a contract Friday for oil and gas exploration and production-sharing off the divided island of Cyprus despite Turkey’s opposition to the deal.

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Posted on December 11, 2021

Turkey welcomes Ukraine’s businesspersons for collaboration

Kütahya, Eskişehir and Afyonkarahisar provinces in Turkey welcome businesspersons and entrepreneurs to collaborate, after a business meeting in Afyon …

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Posted on December 11, 2021

S&P lowers Turkey outlook to negative, citing ‘rising risks’

S&P Global Ratings on Friday changed its outlook for Turkey’s credit rating to negative from stable, as the country struggles with high inflation …

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Posted on December 10, 2021

Hormel will close Wilmar turkey plant, won’t cut jobs

Hormel Foods Corp. posted record growth for its just-completed fiscal year, but planned some consolidation to cope with higher costs.

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Posted on December 10, 2021

Tether, SHIB Compete With Bitcoin in Inflation-Ridden Turkey as Lira Tumbles

Bitcoin’s perceived role as an inflation hedge is competing with altcoin speculation and U.S. dollar exposure through tether.

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Posted on December 10, 2021

Tether, SHIB Compete With Bitcoin in Inflation-Ridden Turkey as Lira Tumbles

Bitcoin’s perceived role as an inflation hedge competes with altcoin speculation and U.S. dollar exposure through tether.

( read original story …)



Posted on December 10, 2021

Turkey’s finance minister resigns after plunge in value of lira

Following a plunge in the value of the Turkish lira, Turkey’s Finance and Treasury Minister Lutfi Elvan has resigned. A presidential decree issued in the Turkish official gazette on Thursday …

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