India wages economic war on Turkey for supporting Pakistan in Kashmir Turkish business interests are taking a hit as India retaliates against Ankara’s backing of Pakistan on Kashmir. Turkey
New German government to decide on Eurofighter sale to Turkey: Officials Germany’s outgoing government will leave the Eurofighter sale decision to incoming Chancellor Friedrich Merz, official German sources suggested to Al-Monitor. Turkey
Turkey’s Simsek tours US for IMF, WB summits, Treasury Secretary meeting Turkey’s finance czar is starting his trip in New York before heading to Washington for talks on economic cooperation and global financial issues. Turkey
Turkey hikes interest rate to 46% amid turmoil over Imamoglu’s arrest The rate hike marks the first since March 2024, amid growing economic turmoil following the arrest of Istanbul Mayor Ekrem Imamoglu. Turkey
Turkey's annual inflation falls lower than expected to 49.4% Turkey's annual inflation slowed down in September, but lower-than-expected figures could delay central bank rate cuts, according to some analysts. Turkey
Analysis Turkey's BRICS ambitions hinge on India, China accepting Ankara's bid Geopolitical equations might pave the way for BRICS members to welcome Turkey in the bloc but such outcome is both complicated and not imminent. By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
Analysis Even as Erdogan befriends Putin, Turkey and Ukraine ink major free trade deal The two countries are finalizing the ratification of the free-trade agreement they signed weeks before the Russian invasion started in February 2022. By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
Turkey’s Central Bank keeps interest rates at 50% as inflation cools The bank signaled it was ready for further hikes in case of significant deterioration in the inflation outlook. Turkey
Turkey’s Erdogan calls Venezuela's Maduro after contested elections, urges dialogue The Turkish president stopped short of extending congratulations to Nicolas Maduro but expressed his well-wishes for the South American nation after the contested election results, according to a Turkish readout. Turkey
Turkey’s annual inflation slows down to 9-month low of 61% The drop in the second consecutive month was slightly more than the estimates. Turkey
Israel’s FM tells NATO to expel Turkey as Erdogan threatens war over Gaza As Turkey threatens military intervention in Gaza and Israel pushes for Turkey's removal from NATO, questions of how Turkey and Israel's already strained relations will be affected arise. Turkey
Activists warn of tourism boycott as Turkey pushes through controversial stray dog bill A government-led parliamentary committee this week approved a bill that could result in the mass culling of millions of street dogs, and fury at the legislation has spread beyond Turkey’s borders. By Amberin Zaman Reporting on geopolitics, minorities, human rights, culture
Turkey returns $5B deposit to Saudi Arabia amid economic recovery The Saudi Fund for Development decided to hold the funds in the Turkish Central Bank in March 2023 after ministerial meetings the previous year — the deposit helped Turkey firm up its weakened currency, the lira. Turkey
Turkey’s Central Bank keeps interest rates at 50% as inflation cools The decision, part of a pause in monetary tightening since April, comes as the country’s annual inflation slowed down in June for the first time in eight months, but still remains above 70%. Turkey
Turkey’s Erdogan praises Trump’s 'bravery' in call with former president The Turkish president became one of the few world leaders to speak with the former US leader following the assassination attempt. Turkey
Turkey sees 157% wealth growth despite economic malaise Bloated asset prices due to sky-high inflation put Ankara at the top of the survey, despite many Turks struggling to get by in real cash terms. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
