Turkey
EBRD cuts 2025 growth forecasts citing tariffs and global uncertainty
Development bank lowers forecasts for Emerging Europe, Central Asia and North Africa as slowdowns in Germany and China take their toll.
BEYOND THE BOSPORUS: Who's to say PKK guns won't be used under a different name?
And anyway, despite what you are reading, the militants' so-called name has not been in use since 2002.
Turkish inflation still ballsing up OECD charts
Despite some progress in reining in prices, Turkey's headline figure is a bar graph section too far.
Zelenskiy to travel to Istanbul after Trump backs Putin’s offer of talks
Ukrainian President Volodymyr Zelenskiy agreed to hold face-to-face peace talks with Russian President Vladimir Putin in Istanbul on May 15.
Wildfires in Syria's Jabal Turkman expand as strong winds hamper control efforts
Wildfires in Syria's Jabal Turkman have expanded due to strong winds as firefighting teams battle the blaze for a fifth consecutive day.
Turkey and China could mediate Ukraine peace talks if US withdraws, Polish foreign minister says
Turkey and China could act as potential mediators in future Ukraine peace negotiations if the United States reduces its involvement, Polish Minister of Foreign Affairs Radoslaw Sikorski said on May 8.
Young generations face unprecedented climate extremes
More than half of children born in 2020 will experience unprecedented lifetime exposure to extreme heatwaves even if global warming is limited to 1.5°C above pre-industrial levels.
X blocks jailed Imamoglu’s account in Turkey
Opposition leader says move is "digital pillar" of coup mounted by regime to stop Turks electing president they want.
BioNTech boss ranked second on Forbes’ richest Turks list
Ugur Sahin and wife and business partner Ozlem Tureci became weathly thanks to a COVID vaccine.
Uber to pay $700mn for 85% stake in Turkey delivery unit of Alibaba’s Trendyol
Trendyol GO delivered 200mn+ orders in 2024 and generated $2bn in gross bookings.
COMMENT: Turkish opposition’s efforts to bring down Erdogan regime are just not working
Half-measures, be damned. The CHP had better step up its game. Or democracy is lost.
Turkey’s inflation dips further to 37.9% in April
But not according to independent economists. They say the headline rate increased to 80% from 75% in March.
Turkey’s opposition leader assaulted in Istanbul
Sequence of events led to Ozgur Ozel departing funeral via front door, where he was attacked in front of camera crews.
Post-war order teetering – rights watchdog
Eurasia “at forefront” of assault on individual freedoms.
COMMENT: Middle Corridor makes progress, but playing second fiddle to the Northern Route
The Middle Corridor linking China to Europe through the South Caucasus and Central Asia has expanded significantly in the aftermath of Russia’s invasion of Ukraine, but its long-term prospects remain uncertain.
PMI shows Turkish manufacturing stayed in doldrums in April, but some signs of improvement noted
Rate of input cost inflation quickened to fastest for a year amid currency weakness and higher raw material costs
Turkey pushes up exporter obligation to sell FX to central bank to 35% of revenues
Since detention of Erdogan's main political rival Imamoglu, government has struggled to ease pressure on the lira.
Turkish unicorn Dream Games raises $2.5bn in private equity round at $5bn valuation
Games developer's Royal Match ranked third in the world for the most in-app purchases in 2024, generating $1.4bn in revenues.
Turkey’s interference with judiciary has deepened, says Amnesty report
Erdogan regime continues to simply ignore local court and European court rulings that it does not like.
“Lost” Ottoman era painting reappears at Sotheby’s London, sold for a million at auction
Osman Hamdi Bey’s 1881 work Kahve Hazirlamak was bought by a Georgian prince around 1910. Its whereabouts became a mystery.