BREAKING NEWS
Turkey's soaring costs are creating a 'lost generation' of kids forced to help their families get by
Read full article: Turkey's soaring costs are creating a 'lost generation' of kids forced to help their families get byOne-third of Turkey's children live in poverty, with many forced to work to support their struggling families.
Turkey welcomes removal from a key money-laundering watchlist, hoping to boost foreign investment
Read full article: Turkey welcomes removal from a key money-laundering watchlist, hoping to boost foreign investmentTurkey has welcomed a decision by an international watchdog to remove it from a so-called “gray list” of countries that have not fully implemented measures to fight money laundering and terrorism financing.
Turkey's new central bank chief assures that work to combat inflation will press on
Read full article: Turkey's new central bank chief assures that work to combat inflation will press onTurkey's new central bank chief says the work to tame inflation — namely through interest rate hikes — will continue “with determination.”.
Turkey has another new central bank leader. Here's what it means for the battered economy
Read full article: Turkey has another new central bank leader. Here's what it means for the battered economyTurkey has seen its fifth central bank leader depart in as many years as Hafize Gaye Erkan, the first woman in the top role, stepped down after just eight months in the job.
Turkish central bank raises interest rate to 42.5% to combat high inflation
Read full article: Turkish central bank raises interest rate to 42.5% to combat high inflationTurkey’s central bank has hiked its key interest rate by 2.5 percentage points as part of its efforts to combat high inflation that has left many households struggling to afford essential items.
Turkey's central bank hikes interest rates again as it tries to tame eye-watering inflation
Read full article: Turkey's central bank hikes interest rates again as it tries to tame eye-watering inflationTurkey’s central bank has delivered another huge interest rate hike as it tries to curb double-digit inflation that has left households struggling to afford food and other basic goods.
Long opposed to rate cuts, Erdogan now backs plan that includes raising rates, minister says
Read full article: Long opposed to rate cuts, Erdogan now backs plan that includes raising rates, minister saysA top government official says Turkish President Recep Tayyip Erdogan supports his new economic team's plan to increase interest rates to lower the country's soaring inflation.
Turkey’s central bank raises interest rates again in another sign of normalizing economic policy
Read full article: Turkey’s central bank raises interest rates again in another sign of normalizing economic policyTurkey’s central bank has raised its key interest rate by an aggressive 7.5 percentage points, in a new sign of a return to more traditional economic policies.
Turkey hikes interest rates in another sign of economic normalcy. But markets expected more
Read full article: Turkey hikes interest rates in another sign of economic normalcy. But markets expected moreTurkey’s central bank has raised its key interest rate in another sign of commitment to a traditional path of battling inflation.