Turkey
Istanbul-listed Isbank’s CEO expects 350bp rate cut on July 24
Head of Turkey's government-run Ziraat Bank is also anticipating a significant downward move in the benchmark.
Turks back in the game tapping eurobond market
Four Turkish issuers raise combined $3.85bn in three days.
Europe swelters in historic heatwave
Record-breaking temperatures for the time of year are likely to occur across a large part of western Europe in the coming days as a historically unprecedented heatwave intensifies.
BEYOND THE BOSPORUS: Turkey’s tourism minister holidays in Greece
Hold the indignation. Let the poor man explain.
Erdogan ‘not feeling even 10%’ of pressure he should from Western capitals over jailing of rival, says Turkish opposition chief
Europe signals to strongman “world has no alternative to him”, encouraging his crackdown on democracy, says Ozgur Ozel.
Erdogan indicates Turkey edging closer to F-35, Eurofighter jet deals after Nato summit leader talks
Ankara worried by growing air superiority of Israel and Greece.
Tosyali dethrones Eregli to become largest Turkish steelmaker
Company owner Fuat Tosyali became a favourite businessman of president Erdogan. Projects he’s involved in include making Turkey’s “native and national” Altay battle tank.
Syria receives IMF visit for first time since 2009
Conflict-torn country faces “enormous challenges”, says mission. Majority of GDP wiped out. Restoring power infrastructure alone could cost at least $40bn.
Global uncertainty causes FDI to plummet in Emerging Europe
wiiw research blames crisis in German industry and the uncertainty surrounding Donald Trump’s second term as US president for sharp slowdown in FDI.
Spare my blushes – Spanish asset manager discusses Turkey’s 0% weight in portfolios
To the MSCI EM Index, country remains a rounding error. Will the Israel-Iran clash blow it and the world further off course?
COMMENT: Black Sea becomes central to Europe’s evolving security order
As the war in Ukraine grinds on, the Black Sea is emerging as the key theatre in Europe’s long-term security contest with Russia, according to political analyst Dimitar Bechev of the Carnegie Endowment for International Peace.
BEYOND THE BOSPORUS: Remember that fellow Imamoglu?
As the world moves on to other matters, the operation that aims to keep the main political threat to Turkey’s Erdogan behind bars is still going strong.
No condemnation of US strikes on Iran from Turkey
Turkish president Erdogan is all too ready to hit out at Netanyahu for Israel's attacks on the Iranians, but when it comes to Trump, interestingly, he's rather restrained.
Fitch further downgrades Istanbul-listed Vestel Elektronik to B- with negative outlook
Company moved to six notches below investment grade. Layoffs announced. Sales in Europe under pressure from Chinese competition.
EU sanctions Turkey’s jihadists in Syria for slaughtering Alawites
Militias designated by Council of Ministers represent a failure by Ankara to organise militant groups during the Syria War.
Turkey’s central bank stays put on rates in fog of geopolitical tensions
Lira has felt renewed pressure since Israel's attack on Iran was launched six days ago. Regulator has burnt through reserves to maintain stability.
Gas flowing from Iran to Turkey without interruption, says minister
Fifth of Turkey's oil imports pass Strait of Hormuz. Ankara confident it could replace these shipments if passage was disrupted amid conflict.
Central Asia has become “like a girl whose house is full of suitors”, analyst says
Powers including China, Russia, the US and the EU “all promise something to the bride” in scramble for resources such as critical minerals.
Turkey's Koc in a sweet spot in Uzbekistan's burgeoning real estate sector
The Uzbekistan real estate market has entered a sweet spot. A burgeoning population, rising capital inflows, a growing expat community and strong economic growth have combined to lift everyone’s boat.
BEYOND THE BOSPORUS: US told Turkey war was imminent. There’s more to Ankara’s stance on conflict than meets the eye
Israeli jets entered Turkish airspace. Erdogan hardly blinked.