US exit from Afghanistan is brewing up a Salafi storm in which Turkey’s Syria militants could play a role.
The Turkish authorities' predictions for growth are becoming more and more bullish and unbelievable.
Performing poorly in the opinion polls, Turkish president is under pressure not to allow a wave of refugees from crisis-torn Afghanistan to settle in Turkey.
Drought hits main grain-producing regions, pushing up food prices and forcing Iran to import wheat for first time in five years.
It may have been irresistible market realities that prevented the central bank from fulfilling the president’s idiosyncratic demands for summer rate cuts. But will the dam break?
A $2bn swap deal with Korea also provides little but make-up. Turkish central bank has no competitor worldwide in carrying such a huge short FX position.
The fact the Biden administration pulled the plug on allies and friends in Afghanistan, and against the advice of allies in Nato, just affirms its all encompassing focus on China in foreign policy.
Fresh wave of migrants from Afghanistan crossing Turkish border will, meanwhile, only add grist to the mill of Europe’s populists.
Prior to rates meeting president Erdogan was pushing for summer easing.
Number of cases in country’s most visited tourist destination at least three or four times greater than official data shows, claims head of local medical association.
Budget was “planned as though there weren’t going to be any fires”, opposition lawmaker protests.
Total of 63 Turkish start-ups raised $746mn in Q2, bringing H1 figures to 129 deals worth $1.26bn, says Startups.watch. Country has several enterprises that look set to become unicorns waiting in the wings.
For decades Azerbaijan denounced Armenian irredentism. Now it is advancing expansionary territorial claims of its own as it seeks to impose peace on its terms.
Ankara prosecutor investigating social media postings. Broadcasting watchdog warns TV stations about airing reports impacting morale of firefighters and public.
Online groceries delivery player has followed an aggressive expansion strategy that has this year taken it to London, Amsterdam, Berlin and Paris.
Some analysts now see prospect of rate cuts during remainder of year as off the table.
Turks stunned to find country has no firefighting planes. Presidential aide appears tone deaf as he gripes #HelpTurkey campaign is meant to make the state look “incapable”.
Coronavirus cases are, however, again on the rise. Analysts fear growth plans could once more be hindered.
More than half of 2.3mn used cars that changed hands in January to June were more than 10 years-old, while 82% were older than five years-old.
Heat intensity of infernos measured with satellite data reportedly four times higher than anything on record for the nation.