Turkey looks to revive frozen ties with Israel
Turkey's Erdogan said he was resurrecting talks with Israel on an old idea to bring Mediterranean gas to European clients via Turkey.Turkey president eyes youth support ahead of 2023 election
Analysts think politically diverse Gen Z voters hold one of the keys to Erdogan's tricky path to presidential re-election.Turkey’s President Erdogan to visit Saudi Arabia in February
Turkey's President Recep Tayyip Erdogan on Monday said he will visit Saudi Arabia next month, the Turkish leader's first since the 2018 murder of Riyadh critic Jamal Khashoggi in Istanbul. Rocky relations between Turkey and Saudi Arabia worsened significantly after the brutal killing of Khashoggi inside the Saudi consulate in...Turkish inflation hits 19-year high in December
Consumer prices jumped to 36.1 percent last month from the same period in 2020, up from 21.3 percent in November.Critics of Turkish lira slide threatened with lawsuit
Finance Minister Nureddin Nebati urged citizens to sue economists who comment on social media about the lira's slide. His remarks followed the banking regulator's decision to file complaints against more than 20 people over their Twitter posts.Turkish crisis turns books into vanishing luxuries
The Turkish book industry pinpoints one of the flaws in the economic experiment Erdogan has unleashed on his nation of 84 million people in the past few months.Queues grow longer at Istanbul’s discount bread shops
The queues are a worrying sight for Turkey's veteran President Recep Tayyip Erdogan, who is trying to fight inflation by slashing interest rates, a policy that doesn't seem to be working.Turkish lira makes rare gains on ‘indirect’ rate hike
Turkey's troubled lira on Monday pared back some of its historic losses after President Recep Tayyip Erdogan announced new currency support measures that analysts interpreted as an indirect interest rate hike. Erdogan has pushed the central bank to sharply lower borrowing costs despite the annual rate of inflation soaring to...Turkey faces medicine crisis as currency loses value
Turkey has been rattled by a currency collapse that accelerated by President Recep Tayyip Erdogan’s last-month steps that defy conventional policies.After trade push, Turkey pledges 15m Covid-19 vaccines for Africa
Turkey has invested heavily in developing trade and diplomatic ties with Africa under Recep Tayyip Erdogan since 2003.Lira plunges as Turkey cuts interest rate again
The Turkish lira on Thursday hit fresh lows after the central bank fired the latest salvo in President Recep Tayyip Erdogan's "economic war of independence" by cutting interest rates for the fourth successive month. The reduction of the main rate to 14 from 15 percent comes in the face of...S&P lowers Turkey outlook to negative, citing ‘rising risks’
Turkey's annual inflation has surged above 20 percent to its highest level in three years after President Recep Tayyip Erdogan installed loyalists at the central bank who share his unorthodox vision that high borrowing costs cause inflation rather than slow it down.Qatar, Turkey sign 11 new agreements
The signing is to take place at the 7th session of the Supreme Strategic Committee between the two countries.Turkey, Qatar vow joint push to reopen Kabul airport
Turkey and Qatar on Monday raised the possibility of jointly operating Afghanistan's Taliban-controlled airport, as President Recep Tayyip Erdogan set off for two days of talks in Doha.Annual Turkish inflation surges to 21.31% in November
Turkey's annual inflation rate jumped over 20 percent in November, official data showed Friday, after a currency crisis last month when the Turkish lira hit record lows against the dollar.Turkey’s Erdogan replaces finance minister amid economic turmoil
Turkish president accepted the resignation of Lutfi Elvan and appointed his deputy Nureddin Nebati as the new finance minister.Erdogan defends ‘risky but correct’ economic policy
Turkish President Recep Tayyip Erdogan on Wednesday defended his "risky but correct" economic policy of low interest rates, as the central bank intervened in markets to prop up the falling lira.UAE announces $10 billion fund for investments in Turkey
Erdogan greeted Sheikh Mohammed on the ceremonial blue carpet at the presidential palace in Ankara on Wednesday before they went into talks. The meeting was followed by a signing ceremony for several agreements, the content of which was not divulged.Turkey lira crashes to new record low against dollar
The Turkish lira plunged to record lows against the dollar on Tuesday after President Recep Tayyip Erdogan said policymakers have no appetite to hike interest rates in response to the currency's fall.Erdogan calls for ‘continued dialogue’ with Israel
President Recep Tayyip Erdogan on Thursday spoke by phone with Israeli counterpart Isaac Herzog, in a rare exchange between the two countries, urging continued dialogue in their mutual interest, according to the presidency.Turkish lira sinks as central bank cuts interest rate
The Turkish lira sank further on Thursday as the central bank slashed interest rates for the third consecutive month following pressure to do so from President Recep Tayyip Erdogan.Turkey’s Erdogan skips Glasgow climate conference
Erdogan's decision follows a crunch meeting in Rome on Sunday with US President Joe Biden, which the Turkish leader had expected to take place on the sidelines of the COP26 event. The two leaders agreed to try to move past a range of disputes.Turkey pressing US for F-16 fighters after F-35 plan killed
US defense officials met in Ankara Wednesday with Turkish counterparts to resolve remaining issues from the F-35 program, and US Defense Secretary Lloyd Austin spoke Thursday with Turkish counterpart Hulusi Akar, saying in a statement that the Pentagon recognized "Turkey's military modernization needs."Erdogan says ‘likely’ to meet Biden in Glasgow
The meeting would be the two leaders' second since Biden was elected president.Turkey urges Armenia to mend ties with Azerbaijan
On a visit to Azerbaijan on Tuesday, Turkey set out conditions if Baku wanted better ties with Ankara.Turkish lira touches all-time low of 9.85 after Erdogan seeks expulsions
On Saturday, Erdogan announced that he had ordered his foreign ministry to expel the envoys for seeking the release of businessman and philanthropist Osman Kavala, who has been imprisoned for four years without being convicted. This triggered the steep fall in Lira already reeling from the Turkish central bank's policy...Turkey orders expulsion of 10 ambassadors as Erdogan fumes
Several European countries said late on Saturday they had received no official notification from Turkey, while the US said it was aware of the situation.Turkish lira plumbs new lows under economic pressure
The designation by the Paris-based Financial Action Task Force threatens to further limit foreign direct investments -- already standing at a fraction of the inflows Turkey had received when its economy was enjoying robust health a decade ago.Turkey’s Islamic defence consultancy takes on West
The company's manifesto says SADAT "aims to assist the Islamic world to take the role among the super global powers as a self-sufficient global power."Turkey cuts interest rate for second successive month despite soaring inflation
Turkey's central bank cut interest rates for the second successive month on Thursday in what economists interpreted as confirmation of its loss of independence from President Recep Tayyip Erdogan. The bank cut its policy rate to 16 from 18 percent despite soaring inflation and a depreciating currency. The lira extended...Turkey summons 10 ambassadors over Kavala release call
Activist Osman Kavala, 64, has been in jail without a conviction since 2017.Turkish lira hits record low as Erdogan sacks central bankers
The Turkish lira sank to a record low against the US dollar on Thursday after President Recep Tayyip Erdogan fired three central bank members in an overnight decree. The embattled Turkish currency has lost nearly a fifth of its value so far this year as market concerns over the policy-setting...Erdogan signals new military push into Syria
Erdogan's signalling followed a car bombing on Monday in the northern Syrian city of Afrin that killed six peopleTurkey parliament ratifies Paris climate agreement
Nearly 200,000 hectares (around 480,000 acres) of forest have been scorched in Turkey this year -- more than five times the annual average for 2008-2020, data from the European Forest Fire Information System (EFFIS) show. Turkey's total greenhouse gas emissions rose by 157.7 percent between 1990 and 2019, according to...Severe droughts dry up dreams of Turkish farmers
Agriculture accounts for around six percent of Turkey's GDP and employs 18 percent of the country's workforce.US urges Turkey not to buy more Russian arms
Turkey, a NATO member, defied US warnings in 2017 to buy the S-400 air defense system, a deal that the Western alliance fears will allow Russia to hone its skills at targeting the US and Western European aircraft. The US officials have reiterated that S-400 was "not compatible or operable...Erdogan, Putin meet to discuss Syrian conflict
The Russian leader hosted Erdogan at his Black Sea residence in the resort of SochiTurkey to buy more defense systems from Russia
Turkey still intends to buy a second batch of S-400 missile defense systems from Russia, its president has said.Turkey central bank cuts key rate after Erdogan pleas
The Turkish currency was down around 1.1 percent against the US dollar by 1330 GMT, after the bank announced it was cutting the one-week repo rate to 18 percent from 19 percent in a decision that surprised analysts.Erdogan: Turkey will ratify Paris Climate Agreement
Turkish president told the UN General Assembly that Turkey will complete the ratification process in time for the November UN Climate Change Conference in Glasgow.#HelpTurkey: Hashtag sparks culture war over Turkish fires
It looked innocent enough. As Turkey burned, ravaged by its deadliest and most destructive wildfires in living memory, #HelpTurkey began trending on Twitter, supported by sympathetic celebrities and traumatised Turks. But in a deeply divided country where even minor events spark culture wars between President Recep Tayyip Erdogan's supporters and...Turkey battles forest fires for fourth day
The wildfires broke out on Wednesday across southern provinces, injuring more than 300At least six dead as wildfires rage on in Turkey
The spreading wildfires have led President Recep Tayyip Erdogan to declare parts of southern Turkey, where the blazes are predominant, as “disaster areas.”Turkey courts Biden with Kabul airport offer
Keeping the air hub safe from advancing Taliban forces became a major issue after US President Joe Biden ordered all troops out of Afghanistan by the end of next month.Greece, Cyprus win Jordan backing against Erdogan resort plan
Erdogan has vowed ‘life will restart in Varosha’ during a visit to mark 47 years since the invasion that split Cyprus.Turkey rejects UN Security Council criticism over Cyprus
Western powers including the United States and France expressed outrage and the UN Security Council issued a condemnation that Ankara swiftly rebuffed.Turkey faces uproar by seeking shift on Cyprus
On a trip to the north of divided Nicosia on Tuesday, Turkish President Recep Tayyip Erdogan said there should be "two peoples and two states with equal status." Victoria Nuland, the US under secretary of state for political affairs, voiced concern that Erdogan's remarks would have a "chilling effect" on...Turkey offers to secure Afghan airport after US, NATO forces
Ankara is seeking "financial, political and logistical support" from the US and the NATO to carry out the fraught task amidst the ongoing Taliban advances in the country.Inflation delays start of Turkey’s rate cuts
Turkey's central bank has left its policy rate unchanged for the fourth month running as a spike in inflation to a two-year high delayed hopes of borrowing costs being lowered.Turkey leaves its interest rate unchanged at 19 percent for third month to support lira
The decision needed to support the country’s depreciating currency An annual inflation rate of 16.6 percent has contributed to a sharp drop in Turks' purchasing power and price rises for basic goods Reeling from high inflation, Turkey's central bank on Thursday left its interest rate unchanged at 19 percent for...










































