Tag: Turkey

Turkey’s central bank hits pause, leaves interest rates unchanged (Umar Farooq, Al Jazeera)

Turkey’s central bank has ended its latest policy-setting meeting by keeping interest rates unchanged, halting a cycle of cuts initiated last September that economists...
Geopolitics & Worlds

Turkey signs $5bn swap deal with UAE, boosting foreign reserves (Onur Ant, Bloomberg, Al Jazeera)

Turkey signed a $4.9 billion currency swap agreement with the United Arab Emirates, boosting dwindling foreign-exchange reserves depleted by the country’s financial turmoil. The three-year...
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In Step Toward Normalizing Ties, Flights Between Turkey And Armenia To Resume (RFE RL)

Turkey's Ministry of Transport and Infrastructure says flights to and from Armenia will resume next month as the two neighbors continue discussions aimed at...
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Crypto investing is alive and well in Turkey, thanks to lira woes (Umar Farooq, Al Jazeera)

Just off of Istiklal street, Istanbul’s busiest pedestrian walkway, the occasional passerby stops to glance at a screen displaying the prices of cryptocurrencies in...
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Turkey: Opposition parties see hope in Erdogan’s lira crisis, but many hurdles remain (Alex MacDonald, Middle East Eye)

Two decades ago, a crippling economic crisis and a fractured political establishment unable to cope led to the ousting of Turkey's old guard and...
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Armenia, Turkey Hold First Round Of Talks On Normalizing Ties, Agree To Hold More (RFE RL)

Representatives of Armenia and Turkey have agreed to continue negotiations after a first round of talks in Moscow on January 14 aimed at normalizing relations after...
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Armenia Expects Talks With Turkey To Result In Diplomatic Relations, Open Borders (RFE RL)

Armenia expects diplomatic relations will be established with Turkey and borders between the two countries will open as a result of talks to normalize...
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Cuban asylum seekers in Greece ‘forcibly expelled’ to Turkey (Melissa Pawson, Al Jazeera)

At least 30 Cubans, hoping to claim asylum in Europe, were forcibly expelled from Greece to Turkey towards the end of last year, according...
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Turkish court orders release of two students jailed over protests (Al Jazeera)

A Turkish court has ordered the release of two university students who have spent three months in the first hearing of a broader case...
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Just how bad is inflation in Turkey? It depends on who you ask (Umar Farooq, Al Jazeera)

At a produce stand in Istanbul’s Balat neighbourhood this week, the owner, Selamet, took a break from serving customers to talk about something that’s...
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Turkey and Armenia to hold talks on restoring ties next week (Middle East Eye)

The special envoys of Turkey and Armenia are expected to meet in the Russian capital next week as the two countries take steps towards normalising ties,...
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Turkey’s opposition faces Erdogan’s ire as economic crisis muddles election timetable (Andrew Wilks, Al Monitor)

Turkish President Recep Tayyip Erdogan this week raised the pressure on the opposition with veiled threats of clashes in the streets in response to...
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Mystery surrounds end-of-year windfall for Turkey’s central bank (Cagan Koc, Bloomberg, Al Jazeera)

Turkey’s central bank posted an extraordinary daily profit of around $10 billion on the final day of 2021, sparking questions on what caused this...
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Turkey’s Erdogan says he will visit Saudi Arabia in February (Al Jazeera)

Turkey’s President Recep Tayyip Erdogan has said he will travel to Saudi Arabia next month, the Turkish leader’s first visit since the 2018 murder of...
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Turkish inflation soars 36% as lira crisis flares (Daren Butler and Jonathan Spicer, Reuters)

Turkey's annual inflation soared to its highest in 19 years, data showed on Monday, laying bare the depths of a currency crisis engineered by...
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Putin, Erdogan Pledge To Boost Russia-Turkey Ties (RFE RL)

Russian President Vladimir Putin and his Turkish counterpart, Recep Tayyip Erdogan, have vowed to boost ties, both sides said. In a phone call, Putin and...
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