Turkey
BEYOND THE BOSPORUS: Prosecutors make move on “fictitious export schemes” of Istanbul Gold Refinery
Observers point to intra-regime gangs seizing each other’s wealth, remember Erdogan’s “Hello Fatih” phone calls and ponder whether wanted man Turgay Ciner is in London.
Putin pushes Central Asia for North-South trade corridor steps, analyst notes Kremlin’s “Turkic bloc” anxiety
To Moscow, “the fact that the Turks are united is alarming,” he says.
Garanti sells Tier II eurobond as Turks persist in tapping international debt markets
Turkey’s CDS hover above 250-level. Yield on Turkish government’s 10-year eurobonds steady below 7%-level.
Takeoff not far away for Turkey’s first flying car AirCar
It will set you back $99,000 and you'll also need a pilot's licence.
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How Central Asia came to love the Chinese electric vehicle invasion
Resistance would be futile – and expensive. The region has flung its doors open to the likes of BYD.
Austria and Slovenia advocate qualified majority voting to unblock EU enlargement
Dropping unanimity requirement could accelerate the accession process for Ukraine, Moldova and potentially Western Balkans, but faces opposition from within the EU.
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Turkey tops Europe in income inequality, union report warns
Findings suggest while economy continues to expand on paper, benefits are not reaching large segments of society.
350,000 jobs lost as Turkey’s textile and garment industry hits rocks
$8bn in revenues up in smoke as orders shift to lower-cost rivals in Asia, North Africa.
Turkey’s Halkbank takes stock market hit as US Supreme Court chucks out Iran sanctions-busting appeal
Lender argued that as state bank it has sovereign immunity from 2019 indictment.
Turkey's official inflation creeps up to touch over 33% y/y in September
Central bank wants figure below 30% by year's end.
Was Erdogan unaware Turkey’s bid to build a world-class fighter jet is stuck without a US engine?
Presidential office is busy shooting down speculation.
September PMI confirms Turkish manufacturers have struggled with rough times for year and half
Challenging demand environment meant month brought slowdowns in new orders and exports and a solid scaling back of production.
EBRD warns CEE competitiveness at risk as China’s export power grows
China's exports have become more similar to those from Central Europe and Turkey, as its share in global manufacturing exports surges.
Turkey agrees to take its hands off Germany’s kebab
Ankara’s EU food heritage bid to regulate marinades and ban veal in the doner founders.
BEYOND THE BOSPORUS: Spymaster tells Istanbul audience MI6 forged relationship with Syria’s HTS in 2023
Over in New York, country’s president, ex-Al Qaeda man al-Sharaa, is interviewed on-stage by a former CIA chief.
ISTANBUL BLOG: Back of the net. Giant-killing as “rich kid” Ali Koc defeated by fox in the box Saran
Billionaire loses presidency of “Big four” club Fenerbahce. Unpopular figure subjected to language you wouldn’t even hear on a building site.
EU’s influence declines in its neighbourhood as China and Russia gain ground
Chinese presence growing in Western Balkans, while Russia makes gains in Turkey, shows new index developed by wiiw, Bertelsmann Stiftung and ECIPE.
Trump lavishes praise on Erdogan in White House meeting and suggests Turkey stop buying Russian oil and gas
Some big military and civilian aircraft deals may be in the making, but the deal-making remains behind closed doors.
EBRD says geopolitics, tariffs and China competition weigh on Emerging Europe growth
Development bank downgrades 2025 forecasts for Central and Eastern Europe citing weak external demand, rising debt and the impact of US tariffs.
COMMENT: Today world will watch as Trump meets Erdogan and does not mention his dismantling of Turkey’s democracy
As an analyst warns of a “near police state”, the president’s rival pleads from his jail cell for democrats everywhere to take an interest.