News Turkey: Turkey's central bank hikes key interest rate to 35%
Turkey hiked its key interest rate from 30% to 35%, in line with forecasts by economists. The central bank said it would strengthen monetary tightening in a "timely and gradual manner" until the ...
News Turkey: Turkey appoints new central bank leader who aims to curb inflation through interest rate hikes
Hafize Gaye Erkan, the first woman to lead Turkey's central bank, has resigned after facing allegations of nepotism and media scrutiny. Fatih Karahan, appointed as Erkan's replacement, has suggested a ...
News Turkey: Turkey’s banks sweat the small stuff
At the start of the decade, the sweet spot for Turkey’s banks was unquestionably retail lending. Margins were high, growth was stellar and consumer appetite seemingly insatiable. Then in 2013, alarmed ...
News Turkey: Turkey to Raise Employment by Supporting Businesses
Turkey has launched a new campaign for raising employment by supporting businesses, said the country’s minister of family, labor and social services on Monday. "As a state, we pay salaries, taxes and ...
News Turkey: Best crypto payment processors in Turkey
Similar to many other countries, businesses in Turkey are increasingly exploring crypto payments. It’s a way to ...
News Turkey: Turkey’s Financial Crisis Surprised Many. Except This Analyst.
For the last seven years, Tim Lee has been warning that a financial crisis in Turkey would set off a wider calamity in global markets. Just about nobody listened — until now. A plunge in the Turkish ...
News Turkey: Roundtable: Turkey Banking And Finance
AN INVESTMENT-GRADE STORY Moderated by Dan Keeler Global Finance hosted Turkey’s central bank governor and Turkish financial executives at a roundtable in Istanbul in September to discuss economic development, the importance of Turkey’s upgrade to investment grade and ...
News Turkey: Turkey production industry sees innovation in sustainability
Turkeys are often the centerpiece of a Thanksgiving meal. But how they are raised and where they come from differs depending on where a person gets the bird. Ben Grimes, owner of Dawnbreaker Farms in ...
News Turkey: Framing Turkey’s Financial Vulnerabilites: Some Rhymes with the Asian Crisis, but Not a Repeat
Turkey has some similarities with the Asian crisis countries back in the 1990s, but also important differences. When emerging-market crisis typologies are updated to reflect the events of 2018, Turkey should enter into the pantheon on its own, not just as a sub-category of “Asian-style” crises.
News Turkey: Aegean Tensions: Turkey and Greece Clash Over Continental Shelves
Turkey has issued a maritime notice urging Greece to coordinate on research activities in the disputed Aegean Sea region. The move comes as tensions rise between the NATO allies over continental shelves, with potential energy resources at stake. Both nations maintain opposing claims under international maritime law.
News Turkey: Turkey’s Biggest Refinery Fire Jolts Tight Refining Market
Oil markets got a jolt this week after an explosion and fire tore through part of Türkiye’s largest refinery, the Tupras Izmit complex, forcing evacuations and an emergency response.
News Turkey: This Massachusetts farm serves Thanksgiving on a sandwich -- all year long
Outpost Farm in Holliston raises its own turkeys and connects customers directly to the growers behind every bite ...
News Turkey: Minnesota Agriculture in the Classroom annual virtual tour brings thousands of students inside a turkey farm
Hunter Kvistad's farm in Yellow Medicine County is the site of a virtual tour on Nov. 22, 2022 –- two days before Thanksgiving -– as part of Minnesota Agriculture in the Classroom. Keri Sidle of Minnesota Agriculture in the Classroom said the organization has been visiting a turkey farm just before Thanksgiving every year since 2016. Minnesota is the nation's leading turkey producer and the turkey farm is the most popular of the virtual tours. Sidle expects more than 100 elementary classrooms from 12 to 15 states will participate.
News Turkey: Erdogan lobbies EU's von der Leyen to protect Turkish auto exports
Barcin Yinanc, a Turkish columnist who first reported on Erdogan’s letter, wrote on Sunday that the draft regulation guarantees that the EU will continue to uphold its international obligations.
News Turkey: U.S. LNG exports hit new high as Turkey buys big
Turkey imported the most U.S. LNG of any country in November, with inbound shipments of American gas totaling 69.6 million cubic feet.
News Turkey: Ripple and Garanti BBVA Crypto Extend Turkish Custody Deal
Ripple has also revived its custody agreement with Garanti BBVA Crypto in Turkey, enabling the storage of XRP, BTC, and ETH with millions of retail clients in a secure location.
News Turkey: Turkey Continues Its Reform Of Labor And Employment Laws Despite Waning Enthusiasm For EU Membership
Turkey’s decades-long quest for membership into the European Union has been the impetus of many rapid and “modernizing” changes throughout this ancient country, pushing it ever closer to its European ...
News Turkey: A landslide in Turkey has trapped 9 gold mine workers
ISTANBUL — Nine mine workers were trapped underground after a landslide at a gold mine in Turkey's eastern Anatolia region, according to Turkish authorities. Turkish Interior Minister Ali Yerlikaya ...
