Turkish President Recep Tayyip Erdogan has urged investors to have confidence in Turkey’s economy days after he fired his third central bank governor in less than two years.
U.S. urges Turkey not to keep Russian S-400 air defense system: State Dept
U.S. Secretary of State Antony Blinken, in a meeting with Turkish Foreign Minister Mevlut Cavusoglu on Wednesday, urged Ankara not to retain Russia’s S-400 missile defense system, the U.S. State …
Erdogan says market volatility does not reflect Turkey’s economic reality
President Tayyip Erdogan said on Wednesday that recent volatility in financial markets does not reflect the Turkish economy’s realities and that international investors should maintain their …
Turkey’s Economic Turmoil Poses Challenge for Retailers
The sacking of Turkey’s central bank head, Naci Ağbal, by president Recep Tayyip Erdoğan over the weekend, once again puts the country’s economy under pressure. On Monday, the Turkish lira lost 15 …
Russia proposes Turkey to reopen 3 crossing points in Syria: TASS
Russia has proposed Turkey to reopen three crossing points in Syria’s Idlib and Aleppo starting from March 25 due to the difficult humanitarian situation in Syria, TASS news agency quoted Russia’s …
Turkey Isn’t the First Domino in an Emerging Markets Bust
Recep Tayyip Erdogan, Turkey’s increasingly autocratic premier, inflicted a vintage emerging markets crisis on us over the weekend. Four months after ousting his previous central bank governor, he …
Anger and fear as Turkey takes a “step backward” in preventing violence against women
“I don’t feel safe,” said one woman protesting her government’s withdrawal from a legally-binding treaty criminalizing gender-based violence.
Dual storms to bring late-season snow to parts of Turkey
Two storms crossing Turkey into the weekend will usher in colder air leading to a late-season snowfall in many areas. While many areas saw precipitation begin as rain on Tuesday, colder air moving …
Deepen trade with Turkey but ready sanctions, EU report says
The European Union should start negotiations on deeper trade ties with Turkey but be ready to impose economic sanctions if Ankara moves against the bloc’s interests, according to a report prepared for …
Eviction of central bank boss shakes investor confidence in Turkey
Recep Tayyip Erdogan’s shock dismissal of Turkey’s central bank chief has eroded investor confidence in the country’s economic leadership that had just begun to rebound after successive waves of …