Category: Economy
Turkey’s lira headed for its longest weekly slide since 1999, abandoning a tentative rebound after the central bank spooked investors by refraining from an interest-rate hike just when economic and geopolitical risks are mounting. The ...
Iraq’s Kurdish region has for decades lived off its oil wealth, but plummeting energy prices amid the pandemic and financial mismanagement are forcing locals to return to long abandoned farms. Civil servants from the northern ...
Oct 8, 2020 Turkey has openly thrown its weight behind Azerbaijan in the Azeri-Armenian flare-up over the long-disputed enclave of Nagorno-Karabakh, in what is widely believed to be an attempt to extract concessions from Russia, ...
Turkey’s lira touched a record low against the dollar on Wednesday, hit by investor unease over possible US sanctions, fraught ties with the European Union and the ongoing Caucasus conflict. The currency has lost 24 ...
(Bloomberg) — Turkish economic data are “detached from reality” with statistics officials picked for their loyalty to the government rather than merit, according to a former chief of the bureau who’s now an opposition politician. ...
Turkey’s former Economy Minister Ali Babacan has become the chair of a new party he founded in March 2020. Ali Babacan, Turkey’s former economy minister who launched a new party this year to challenge President ...
Why you are reading this Because you can trade Turkish lira, and there are things happening right now that may affect the course of TRY very much. What’s happening Azerbaijan and Armenia are at war – ...
Turkey’s ailing economy, hit by the COVID-19 pandemic atop severe currency woes since 2018, is now facing economic reprisals by Arab countries incensed with Ankara’s policies in the Middle East. Saudi Arabia has already started ...
Cooperation must include adversaries, says energy expert Brenda Shaffer, doubting that either East Med gas pipe to Europe or big Israeli role in Europe-bound Gulf oil will take off Sounds of celebrations coming from the ...
New details of the Justice Department’s handling of the accusations against Halkbank reveal how Turkey’s leader pressured the president, prompting concern from top White House aides. The top federal prosecutor in Manhattan, Mr. Berman had ...