Turkey’s lira crisis is threatening to put Mehmet Sapci’s 86-year-old pharmaceutical company out of business. With the onset of the coronavirus pandemic, his firm – Merkez Ilac – was able to leverage …
Lira crash slams Turkey’s factories, farmers and retailers
Turkey’s lira crisis is threatening to put Mehmet Sapci’s 86-year-old pharmaceutical company out of business. With the onset of the coronavirus pandemic, his firm – Merkez Ilac – was able to leverage …
Moody’s affirms Turkey’s rating at ‘B2’, maintains outlook
Ratings agency Moody’s on Friday affirmed Turkey’s rating at “B2”, saying that irrespective of the current pressure on its currency, the country’s external vulnerability risk has declined. Dec 3 …
Moody’s affirms Turkey’s rating at ‘B2’, maintains outlook
Ratings agency Moody’s on Friday affirmed Turkey’s rating at “B2”, saying that irrespective of the current pressure on its currency, the country’s external vulnerability risk has declined. Dec 3 …
Online shopping can be risky business
I found myself prepping my turkey on Thanksgiving morning while being entertained by the Macy’s Thanksgiving Day parade flashing on the large screen across the living room. It was wonderful to see the …
Turkey again threatens drilling plans as ExxonMobil awarded prized block offshore Cyprus
US giant ExxonMobil and QatarEnergy have won a prized offshore exploration block southwest of Cyprus, even as Turkey has threatened to block any potential drilling activities in this and other acreage …
Moody’s affirms Turkey’s credit rating and maintains negative outlook
Moody’s Investors Service affirmed the credit rating of Turkey, citing its improved reserve position and lower current account deficit. The agency maintained Turkey’s “B2” long-term issuer rating, …
Cyprus says will continue East Med gas exploration, rebuffs Turkey
Cyprus on Friday rebuffed claims it was violating Turkey’s continental shelf by awarding an exploration licence in the Mediterranean to Exxon Mobil and Qatar Petroleum, saying it was within its …
Cyprus says will continue East Med gas exploration, rebuffs Turkey
Cyprus on Friday rebuffed claims it was violating Turkey’s continental shelf by awarding an exploration licence in the Mediterranean to Exxon Mobil and Qatar Petroleum, saying it was within its …
EXPLAINER: Turkey’s currency is crashing. What’s the impact?
Turkey’s beleaguered currency has been plunging to all-time lows against the U.S. dollar and the euro in recent months as President Recep Tayyip Erdogan presses ahead with a widely criticized effort t …