Hints and tips:
Related Special Reports
...in Turkey’s biggest cities including the capital Ankara, where incumbent CHP mayor Mansur Yavaş won in a landslide....
...They have also eased up on a costly programme to defend the lira, which has tumbled almost 40 per cent in the past year to a record low of about TL30 against the US dollar....
...The Turkey Wealth Fund notched up $7bn in orders for its $500mn US dollar-denominated bond deal on Wednesday, according to a term sheet seen by the Financial Times....
...in Turkey on April 29....
...Recep Tayyip Erdoğan will host Hamas leader Ismail Haniyeh in Turkey at the weekend as the Turkish president ratchets up his criticism of Israel over its offensive in Gaza....
...Ankara blamed Israel for starting the tit-for-tat with its suspected strike on Iran’s consulate in Damascus, which Turkey called a “violation of international law”....
...Turkey exported about $5.4bn to Israel in 2023, according to the Turkish Statistical Institute....
...Turkey’s central bank surprised investors on Thursday with a big rate rise as policymakers seek to halt accelerating capital flight and cool inflation....
...Fitch has upgraded Turkey’s credit rating in a vote of confidence in a sweeping economic overhaul that kicked off after President Recep Tayyip Erdoğan’s re-election last year....
...The opposition scored decisive mayoral victories against Erdoğan’s Justice and Development party (AKP) in Istanbul, Ankara, Izmir, Bursa and Antalya — Turkey’s five biggest cities — according to initial...
...Turkey had sought to purchase latest-generation F-35 jets, but was ejected from the US-led programme in 2019 after Ankara took delivery of a Russian air defence system over American objections....
...Turkey’s central bank governor Hafize Gaye Erkan has resigned just months after the country embarked on an economic policy overhaul that has featured huge rises in borrowing costs....
...Karahan, a former US Federal Reserve economist, was appointed by Recep Tayyip Erdoğan on Friday evening, according to Turkey’s official gazette....
...Banks hired by the Turkey Wealth Fund began pitching investors on a US dollar-denominated bond this week and started taking orders on Wednesday, according to documents seen by the Financial Times....
...Erdoğan has said he expects the US to greenlight Turkey’s request to buy billions of dollars’ worth of F-16 fighter jets in return for approval of Stockholm’s bid....
...Tourism revenues rose 17 per cent in 2023 from the previous year to $54.3bn, according to Turkey’s statistical agency. The number of visitors to Turkey also reached an all-time high of 57.1mn....
...Karahan acknowledged that a 49 per cent rise in the minimum wage for 2024, a key factor in the inflation pick-up, had exceeded the bank’s expectations....
...Turkey’s lira rose against the dollar after the decision, leaving the currency up 0.7 per cent to TL31.92 in London trading....
...Turkey’s opposition scored decisive mayoral victories against Erdoğan’s Justice and Development party (AKP) in races across the country, including in economic powerhouses Istanbul, Ankara, Izmir, Bursa and...
...Turkey has moved to restrict exports to Israel of some industrial goods and commodities, as Ankara comes under mounting domestic pressure to show its opposition to the six-month war in Gaza....
...Turkey has increased interest rates for the seventh month in a row as policymakers seek to extinguish a long-running inflation crisis....
...The US embassy condemned the attack on a Nato ally and said in a post on social media platform X that it “stands in solidarity with Türkiye against terrorism”....
...Turkey’s parliament has voted in favour of Sweden joining Nato, marking a significant step forward in the Scandinavian country’s long-fought drive to enter the western military alliance....
...AKP) will seek to seize back control of Turkey’s two biggest cities, Istanbul and Ankara....
International Edition