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In a move to contain the depreciation of Turkish lira against the U.S. dollar, Turkey's Central Bank raised its benchmark one-week repo rate by 50 basis points from 7.5 percent to eight percent at the Monetary Policy Committee's meeting …
Next year will be successful for the Turkey's economy, the Turkish Development Minister Lutfi Elvan said. He recalled that after the coup attempt and the beginning of the Shield of Euphrates operation, the …
Standard and Poor's upgraded Turkey's outlook to 'stable' from 'negative' on Friday. The credit rating agency rated the Turkish economy "BB." The agency also predicted that the state of emergency will …
Turkey’s economy fares better than the world economy and outperforms Europe, despite many neighborhood risks, President Recep Tayyip Erdogan has said, again stressing that interest rates must be cut further to …
The Turkish lira exchange rate has dropped to 3.1375 per $1, which is a new anti-record, the Hurriyet newspaper reports. Experts believe that the decline of the Turkish national currency was caused by the morning's terrorist attack …
Turkey's budget deficit-to-GDP ratio is expected to be 1.6% this year, rising to 1.9% in 2017, the Turkish Prime Minister Binali Yildirim said. The figure is expected to be 1.6% in 2018 and 1.35% in 2019. …
Turkish Deputy Prime Minister Numan Kurtulmus dismissed Moody’s downgrade of the government debt rating as a “political” move and part of a wider effort to undermine the country. Kurtulmus said …
After the bad state of affairs in Turkey’s slowing growth rate, the increase in unemployment rates is also continuing. While the unemployment rate climbed to 10.2 percent in June, the seasonally adjusted unemployment rate increased …
Turkey’s economic situation is a "miracle" after a failed coup attempt there in July, the country’s economic minister Nihat Zeybekci said. "Turkish economy is now at such a stage that it can …
The failed coup attempt has already cost Turkey's economy 300 billion lira ($100.4 billion) and the figures will increase in midterm prospects, the Turkish Trade and Custom Minister Bulent Tufekci said. "If we …
Aiming to limit the economic fallout from this month’s failed coup, Turkish Prime Minister Binali Yildirim said the government plans a multibillion-dollar infrastructure fund to keep growth on track. “Here …
Turkey's central bank said it will cut the commission on daily liquidity options for banks to zero and that it will provide unlimited liquidity to banks to maintain effective operation of the financial markets. The moves follow a …
Russian President Vladimir Putin received a letter from the Turkish President Recep Tayyip Erdogan, in which the Turkish leader apologized for the downed Russian military jet and expressed sympathy and …
The Commissioner for Rights of Entrepreneurs under the President of Russia, Boris Titov, spoke about the reaction of Turkish and Russian businesses to the sanctions imposed by Moscow because of the downed Su-24. …
Western media on key geopolitical events over Russia, Turkey, and the USA
Anatoly Yanovsky, the Deputy Minister of Energy of Russia, speaking at the international conference “Russia and Turkey: Strengthening of Multidimensional Cooperation” organized by RSMD, spoke about the energy cooperation between the …
The first deputy director of the department of development and regional business at SC Rosatom, Kirill Komarov, spoke about the first joint project of the Russian Federation and TP in the nuclear sphere on the sidelines of the International Forum …
Western media on the key geopolitical events over Russia, Syria, Iran, and Turkey
At the international conference ‘Russia and Turkey: strengthening of multifaceted cooperation’ dedicated to the 95th anniversary of the establishment of diplomatic relations between the two countries, the President of the Russian …
The construction of the nuclear power plant in Turkey will give impulse to economic and social development
