Turkey

Nearly 12 months ago, Turkey’s central bank embarked on a rate-cutting cycle in the face of soaring inflation, defying traditional monetary policy and running against a global trend of rising ...

Turkish President Tayyip Erdogan said on Tuesday that Russia is cutting natural gas flows to Europe in retaliation for sanctions, adding that Europe is “reaping what it sowed”. Fears in ...

Turkey’s annual inflation climbed to a fresh 24-year high of 80.21 per cent in August, a bit below expectations according to data on Monday, after the central bank unexpectedly cut ...

The EU voiced concern on Monday over what it called “hostile remarks” after Turkish President Tayyip Erdogan accused Greece of occupying demilitarised islands in the Aegean and said Turkey was ...

A Turkish warship has docked in Israel for the first such visit in more than a decade as relations between the U.S. allies improve following fierce feuding over the ...

Turkish President Tayyip Erdogan accused Greece on Saturday of occupying islands in the Aegean Sea that have a demilitarised status, and said Turkey was prepared to “do what is necessary” ...

The Turkish central bank’s net international reserves fell $1.26 billion to $12.62 billion in the week to Aug. 26, central bank data showed on Thursday. The exchange rate used by Reuters on ...

A cargo vessel carrying more than 3,000 tonnes (3,307 tons) of corn from Ukraine was towed to anchorage in Istanbul on Friday after it briefly ran aground, a shipping agency said, the ...

Turkish authorities raised electricity and natural gas prices for households by around 20 per cent and by around 50 per cent for industry on Thursday, putting further upward pressure on inflation, which ...

Cuba, mired in an energy crisis that has brought frequent blackouts, is negotiating with a Turkish company to have it double the megawatts it currently produces for the country from ...

The island’s Foreign Ministry on Wednesday clarified that the decision in principle by EU Foreign Ministers to suspend the Visa Facilitation Agreement does not mean abrogation or ban on ...

Gulf banks with exposure to Turkey are expected to make further net monetary losses on their investments in the second half of this year and into 2023, ratings agency Fitch said ...

Albanian police on Tuesday arrested the fugitive Turkish founder of crypto-exchange Thodex, wanted by Interpol for suspected crypto fraud and at large for a year, police and media said. Albanian ...

Turkey’s military ‘neutralised’ seven members of the banned Kurdistan Workers Party (PKK) in an operation in northern Iraq, the Defence Ministry said on Saturday. Turkey regularly carries out air ...

The arrest of a Turkish pop star over a quip she made about religious schools has drawn a fierce response from critics of the government, who see it as bent ...

Officials from Turkey, Finland and Sweden were expected to meet at an undisclosed location in Finland on Friday to discuss security concerns which Turkey raised as a precondition for allowing ...

Turkish sports presenter Sinem Okten was surprised to see her visa application to Europe’s Schengen area rejected twice, having visited often to cover matches and interview figures like Italian ...

Turkey said on Tuesday that Palestinian authorities, including different political factions, welcome the normalisation of ties between Turkey and Israel and that they want the dialogue to continue. Last week, ...

Turkey’s leading TUSIAD business association has received a letter from U.S. Deputy Treasury Secretary Wally Adeyemo warning of possible sanctions risks if companies establish relations with sanctioned Russian ...

Turkey does not have preconditions for dialogue with the Syrian government, Turkey’s Foreign Minister Mevlut Cavusoglu said on Tuesday, in a further softening of Ankara’s stance towards Damascus ...

A windfall of foreign funds arriving in Turkey and sustained interest in a state-backed deposit scheme have brought some relief for President Tayyip Erdogan’s economic plan less than a ...

Turkey’s foreign visitors jumped 53 per cent in July from a year earlier, exceeding pre-pandemic levels and paving the way for $37 billion in tourism revenues sought by the government in ...

Production in Turkey’s automotive sector jumped 37.4 per cent year-on-year in July to 93,659 vehicles, with exports climbing 16.2 per cent to 59,596, the Automotive Manufacturers Association (OSD) said on Monday. Automotive production ...

Turkey doubled its imports of Russian oil this year, Refinitiv Eikon data showed on Monday, as the two countries are set for broader cooperation in business and especially energy trade ...