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...The central bank, led by former Goldman Sachs banker Hafize Gaye Erkan, has lifted its main interest rate to 42.5 per cent from 8.5 per cent last summer in an attempt to cool price growth, which peaked at...
...Turkish equities have posted blistering gains this summer as an economic policy overhaul and fears about a fresh flare-up in inflation draw local savers and foreign investors into the market....
...The central bank predicts inflation will rise towards 80 per cent by the summer — close to its recent peak of 85.5 per cent in 2022 — before easing to 36 per cent by year end....
...Friday interview: Adam Posen Adam Posen is president of the Peterson Institute for International Economics....
...European diplomats and international humanitarian staff told the FT that the imprisonment of migrants in Libya continues, and that at least 7,000 people intercepted in Tunisia have been taken there since last summer...
...The writer is an FT contributing editor and writes the Chartbook newsletter This summer will mark the 80th anniversary of the Bretton Woods conference at which the Allied coalition in the second world war...
...The central bank, helmed by former Goldman Sachs banker Hafize Gaye Erkan, said inflation could rise above 70 per cent by summer, but would then cool rapidly to 36 per cent by year-end....
...This secretive, self-contained figure, played by Adam Driver, would sooner have his brains blown out than become the subject of a Hollywood movie....
...Open since September, it is the latest in a series of public installations, including at New York City’s Lisson Gallery in the summer of 2022 and at its London outpost in Marylebone this past summer....
...The Turkish president vowed in July to push ahead with allowing Sweden to join the bloc but the process has been held up by parliament’s summer recess and persistent concerns in Ankara that Sweden has not...
Adam LeBor selects his best mid-year reads
...Adams and Reese closed its “minority fellowship” altogether....
...The president vowed in July to remove his objections to Sweden joining the bloc, but the process has been held up by parliament’s summer recess and persistent concerns in Ankara that Stockholm has not done...
...But when you emerge from the state of emergency, as Europe seems to be doing this summer, it forces the question: what crisis comes next and what will be the solution?...
...Turkey posted a wider than expected current account deficit in July as big imports of energy products and gold offset large inflows from a strong start to the summer tourism season....
...Taylor has certainly immersed himself in Paris, having spent all this summer there, drawing inspiration from the Impressionists, Expressionists and Fauvists in its museums, notably the Musée d’Orsay....
...The raids came about 12 hours after a suicide bombing struck Turkey’s interior ministry in Ankara, injuring two police officers on the day the country’s parliament was reconvening from its summer recess....
...If the Tusk reforms are adopted as planned, EU officials believe the sanctions procedure could be lifted before summer....
...“The primroses were over”, begins Watership Down, Richard Adams’ classic tale of post-Easter bunnies on the move....
...This week we passed a popular milestone on the way to the summer’s Olympic Games in Paris: the 100 day countdown....
...My favourite moment — I had to dig back in the archive for this a little bit — was they had this summer camp, right?...
...Earlier this summer, Pharrell Williams made his debut as creative director of Louis Vuitton menswear with a 71-strong collection, shown on Paris’s Pont Neuf....
...We’re pleased to team up, for the second time, with Adam Tooze of Columbia University. This letter will appear in both Unhedged and Adam’s Chartbook newsletter (you should subscribe!)...
...In Caret (named, again, after a textual mark), it’s summer 1973....
...From an FT editorial over the summer: India’s rising role in the global economy is indeed becoming harder to ignore. In April, it overtook China as the world’s most populous country....
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