Moodys scheduled a teleconference on Turkey on January 28 to discuss the Turkish economy and Turkeys shift closer to investment grade. The announcement by Moodys on the teleconference led to speculations that Moodys is preparing for a rating upgrade. However, later in the day Moodys said it would not comment on market speculations and a rating change is not on Mondays agenda. Moodys rates Turkey at Ba1, one level below investment grade. As known, Fitch upgraded Turkey to investment grade in November. |
The jailed leader of the PKK, Abdullah Ocalan, called for a ceasefire on Thursday, ordering armed PKK militants to withdraw from Turkey. Hundreds of thousands of people gathered in the city of ... more
The Syrian government said the rebel groups foreign supporters, Turkey and Qatar, were responsible for a chemical attack in Aleppo. The countries that back and support the rebels, including ... more
US secretary of state John Kerry was in Ankara on Friday for talks with the Turkish leaders, including PM Recep Tayyip Erdogan and President Abdullah Gul, focused on the crisis in Syria, ... more