Turkey
Turkish universities charge $1,500 in annual fees to foreign students as Turks pay $20,000
Stark disparity exposed. Enrolment marketed as gateway to residency and work permit for applicants from Middle East, Central Asia and Africa.
Leaders of Russia, China, India and middle powers holding face-to-face meetings at Bishkek SCO summit
Event is a “must watch” for followers of the international geopolitical agenda. Iranian and Turkish presidents among those present.
Turkey’s electric car champion Togg will never turn a profit and is hardly “native”, says ex-Renault Turkey CEO
Upcoming T6X model largely Chinese with Turkish cabin slung on top, he adds.
Turkey releases official 2Q GDP growth at 2.3% y/y
As usual, officials also revised up some previously provided growth outcomes.
German prosecutors accuse Turkish citizen of senior role in PKK’s Europe network
Yuksel Koc faces indictment alleging membership in a terrorist organisation.
Turkish central bank faces growing credibility deficit, says Commerzbank analyst
Approach to inflation leaves it looking like a passive follower of economic reality rather than an anchor of financial markets, he cautions.
Kurdish PKK’s Iran arm PJAK to maintain operations
Group also warns proposed disarmament of brother organisation will prove unsustainable if Turkey continues to frame Kurdish question primarily as security problem.
Azerbaijan's banks grow credit 15 times faster than the economy
Azerbaijan's banks are expanding credit more than 15 times faster than the economy they lend into, with profits up a quarter and a bad-loan surge abruptly stalling.
Europe is heading into winter waiting for Qatari gas that is not coming back
Europe's gas traders have spent the summer betting that the Gulf war would end in time. It has not, and the bill for that bet falls due in November.
Turkey’s defence ministry hires Trump and Israel-linked lobbyist Ballard on $2.4mn contract
Speculation says Republican fundraiser, who runs top-earning lobby shop in Washington, could push to secure F-35 fighter jets for Ankara.
Turkey opens investigation after veteran analyst Timothy Ash makes “sociopathic leaders” remark at investor event
Well-known commentator says reference to President Erdogan was “a genuine slip of the tongue, which I retracted immediately.”
Turkey’s Halkbank has bagged $1.1bn from foreign markets since US ended Iran sanctions-busting case
Resolution of legal saga triggered “rapid increase in number of counterparties” willing to extend credit.
Climate change could nearly triple Europe's wildfire area by 2100
Increase in area burned by wildfires to depend heavily on how much governments invest in preventing and fighting fires, a new study has found.
Turkish kebab joints turn into German Army recruitment centres
Order a doner, find yourself in the Bundeswehr.
Turkish garment giant LC Waikiki launches first production plant in Syria
Plant established on outskirts of Aleppo, inside newly reactivated Al-Rai Industrial City.
Europe’s top human rights court again orders Turkey to release Osman Kavala
Ankara, however, has record of ignoring rulings from the European Court of Human Rights not to its liking.
Will Trump call persuade Turkey’s Erdogan to halt gas imports from Iran?
Ankara faces headache. Turkey was Iran's third largest trading partner last year. Analysts wonder whether Turkish president will risk upsetting US counterpart.
Eastern flank drone incidents test Nato's defences
Three drone incidents in 36 hours last week highlighted the growing security challenge facing Nato's Black Sea flank.
Turkey’s ‘agent’ in Somalia whips up fresh scandal with Northern Cyprus phone call
Abdulkadir Mohamed Nur, a Turkish-educated former defence, education and ports minister, has since August 10 served as the speaker of Somalia’s House of the People.
Istanbul-listed Vestel initiates consent solicitation process with holders of $500mn eurobond
The paper currently offers an 83% yield.