Open Society Foundations claims it is the target of baseless allegations in the Turkish media, while it faces an interior ministry investigation.
Underlying shock in economy still playing out, say analysts. Industry’s CUR at lowest point since early 2015.
Opposition lawmaker protests that Albayrak is “playing with fire by trying to lower interest rates via fiddling with the Treasury auctions”.
Joint press conference given by EU foreign and enlargement commissioners and Turkish foreign minister quickly turns tense.
Amid slump in demand triggered by currency crisis analysts see signs Turks have switched their consumption away from imports towards domestically-produced goods.
Rows over the rights to oil and gas reserves near the divided island are ratcheting up tensions.
Iranian foreign minister responds to US president’s move to stand by Riyadh despite brutal killing which the CIA has briefed was ordered by the Saudi crown prince.
Pre-trial detention of the pro-Kurdish HDP party politician has so far lasted two years. Erdogan claims ECHR ruling is not binding.
Collapse of rial in face of US sanctions has made country’s fixed-price fuel attractive on regional black markets.
Data highlights how Turkish downturn amid the lira currency crisis has gathered pace.
Consumers tighten belts with country mired in a currency crisis and wary of sliding into a debt crisis coupled with a steep recession.
Industrial production contracts 2.7% in September, marking the biggest annual drop since 2009 as downturn drains consumer demand.
Figure now highest since last year, risks are seen on the upside as economic rebalancing takes hold ahead of possibly severe recession.
Officials tell NBC Trump administration looking at possibility of placating Turkish president Erdogan over Saudi murder by removing his foe from US.
Central bank’s weighted average cost of funding forecast to rise from 24% to 24.12% in the three months ahead.
Ever since sanctions were imposed on Russia following its annexation of the Crimea in 2014 there has been constant speculation on when the US and EU sanctions will be lifted again. It could happen in 2019, but if not then it will take a decade