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Turkey’s inflation ticks up to 62%

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 polls

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...

Turkey: Istanbul’s popular opposition mayor faces fresh trial

By Dmitry Zaks: Istanbul's popular opposition mayor went on trial Thursday on fresh corruption charges that could further cloud his hopes of succeeding President Recep Tayyip Erdogan. Ekrem Imamoglu has turned into one of Erdogan's most outspoken and openly ambitious...

US concerned over Turkey sending gas exploration ship to east Med Sea

Posted On 13 October 2020

The United States on Tuesday demanded that Turkey pull back an energy research ship that it has sent back to waters contested with Greece, calling the move a “calculated provocation.” In a strongly worded statement, the State Department said the US “deplores” the decision by Turkey that came just after tensions with Greece had subsided. “We urge Turkey to end this calculated provocation and immediately begin exploratory talks with Greece,” State Department spokeswoman Morgan Ortagus said in a statement.

“Turkey’s announcement unilaterally raises tensions in the region and deliberately complicates the resumption of crucial exploratory talks between our NATO allies Greece and Turkey,” she said. “Coercion, threats, intimidation and military activity will not resolve tensions in the Eastern Mediterranean.”

Turkey in August sent an exploratory ship into contested waters backed by warships, alarming both Cyprus and Greece, which carried out military drills. Tensions subsided after Turkey withdrew the ship and agreed to exploratory talks with Greece. But the Turkish navy said the Oruc Reis ship will restart activities in the region, angering Greece which said there can be no talks until it is withdrawn. Secretary of State Mike Pompeo late last month visited Greece in a show of support and hailed lowering tensions.

AFP

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Turkey’s inflation ticks up to 62%

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 polls

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...

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