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Input costs and selling prices, however, continued to rise amid reports of currency weakness.
The authorities suffer from a case of misplaced priorities in thinking about the future. This and more in this week's Eurasianet Akhal-Teke Bulletin.
Western countries haven't imposed sanctions on Russian fertiliser exports, but the Kremlin claims trade is hampered by difficulty processing payments, and obtaining vessels and insurance
Analyst notes Erdogan administration's policies as they stand will keep macro imbalances large and raise risks to growth.
On the morning of May30 a series of kamikaze drones struck Moscow, in the most intense attack the capital has seen since President Vladimir Putin launched the full-scale invasion of Ukraine.
Investors may be encouraged that start could be made on fixing Turkey’s collapsing economy if former finance minister returns to the cabinet. The lira, meanwhile, is back on the slide.
European sanctions go through a process of continuous maturation and updating, adapting to current geopolitical sensitivities. European actors are accelerating efforts to adopt the eleventh sanctions package.
Prospect of removing the Erdogan regime at the ballot box appears to have gone for ever.
Detractors have long argued he was the wrong man to take the fight to Erdogan, but he’s yet to hint that he’ll quit as leader of the opposition following the weekend election defeat.
Hopes rise Turkish president will clear way for Swedish membership of defence bloc now that his country's elections are over and done with.
The failure of the Nation Alliance under optimal conditions shows that 'big tent' coalitions under a single list often do not succeed in extending the opposition's reach.
As strongman defies the odds to hold on to power, jailed opponent Demirtas warns “a huge operational force has taken over the state”.
As official results announced, challenger Kemal Kilicdaroglu gives fiery speech calling for fight against authoritarian regime and for a true democracy.
Efforts to detect ballot box anomalies also hindered by block put on access to 2018 data. Situation revealed ahead of May 28 presidential run-off.
Flashing red lights on lira, sky-high inflation, dwindling FX reserves and soaring cost of insuring debt against default. A currency crisis could be around the corner.
The Central Bank of Turkey kept its policy rate flat at the May meeting and concluded that the current rate is adequate to support the recovery from February's earthquakes. It did not offer any signals about a policy change ahead.
HDP co-leader says it is vital to rid country of president’s "one-man” and “freak” regime”.
As lira trades just below 20/$ in the interbank market, rate at the Istanbul Grand Bazaar hovers in the 21s.
New wave of disillusioned young Turks looks set to abandon country if strongman is re-elected on May 28.