Protesters punched by suited men and dragged from venue, but US State Department says that according to its present knowledge no security personnel of the Turkish president were involved.
Ankara’s GDP, investment and tourism data do not stand up to scrutiny says German lender in scathing report concluding the reported Turkish “economic miracle” may even be a politically influenced mirage.
Turkish President Erdogan announces S-400 deal as relations between Ankara and its Western allies, notably the US and Germany, reach a low point.
Range of economic indicators show Turkey presently underpinned by strong growth prospects, although the fuelling of the economy with government-guaranteed soft credit remains a concern.
Turkey’s economy expanded at 5.1% y/y in the second quarter of this year.
Lomonosov Moscow State University the best ranked university in the CEE/CIS region on new ranking compiled by THE.
Turkey experienced the best improvement in its manufacturing activity in nearly six and a half years, latest PMI data shows.
Negative surprise as Turkey’s annual CPI inflation accelerated to 10.68% in August from 9.79% in July, limiting scope for monetary easing.
Istanbul’s introduction of a credit guarantee fund has triggered a private sector credit boom that some analysts fear could end in tears if Europe’s banks become unwilling to lend to their Turkish counterparts.
The Czech Republic was the stand-out performer in H1 with €2.2bn in investment, ahead of Russia with €1.6bn and Poland with €1.1bn, according to Cushman & Wakefield report.
Turkey’s foreign trade deficit increased by a sharp 83% y/y to reach $8.84bn in July, driven by strong imports.
Analysts impressed by turnaround as Turkey’s economic confidence index rises 2.5% y/y to 106 in August, reaching its highest level since July 2012.
The US promised Turkey it would provide the serial number and delivery addresses of all arms sent to the Kurdish rebels.