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Tag: Middle East

Turkey's deal with UAE to build foreign exchange reserves 20
Politics, Economy
Turkey’s deal with UAE to build foreign exchange reserves
NAT 25th January 2022

ANKARA, Turkey (AP) — Turkey and the United Arab Emirates have agreed to a currency swap deal equivalent to $4.74 billion to boost Turkey’s depleted foreign exchange reserves, the Turkish central bank announced Wednesday. Under ...

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Turkey says won't be deterred from gas drilling in east Med 21
Politics
Turkey says won’t be deterred from gas drilling in east Med
NAT 20th December 2021

NICOSIA, Cyprus (AP) — Turkey’s deputy president said on Monday that his country is “not afraid of anyone” and won’t be deterred from continuing drilling for oil and gas in disputed waters that have been ...

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Turkish Lira is crashing. What's the impact? 22
Politics, Economy
Turkish Lira is crashing. What’s the impact?
NAT 5th December 2021

ANKARA, Turkey (AP) — Turkey’s beleaguered currency has been plunging to all-time lows against the U.S. dollar and the euro in recent months as President Recep Tayyip Erdogan presses ahead with a widely criticized effort ...

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