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Turkey’s inflation ticks up to 62%F

Turkey's annual inflation rate ticked up slightly in November, the state statistics agency said on Monday, showing further signs of levelling off following a series of sharp interest rate hikes. The rate moved to 61.98 percent last month from 61.36 percent in October,...

Turkey’s opposition fractures ahead of March pollsF

By Dmitry Zaks: Turkey's main opposition party lost a crucial ally Monday in its bid to form a united front against President Recep Tayyip Erdogan's ruling coalition in high-stakes March municipal polls. The secular opposition joined forces in landmark 2019 elections...

Turkish Airlines set for major fleet expansionF

The chairman of Turkish Airlines said Monday that the company will make a final decision on plans for a record-breaking order of 600 aircraft in two months. The airline is in talks with US aircraft maker Boeing and its European rival Airbus to purchase 400...

Turkish currency continues to lose value vs. US dollarF

Arezki’s Take @arezkid#1Country1Minute: #Turkey voted #Erdogan for another term, #investors hate it ♬ original sound - Arezki By Fulya Ozerkan: The Turkish lira sank to a new low against the dollar on Wednesday, more than a week after the re-election of President...

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