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Thursday, February 02, 2023

Tag: Turkey

Turkish lira hits record lows after Erdogan threatens foreign diplomats with 'persona non grata' status

Turkish lira hits record lows after Erdogan threatens foreign diplomats with 'persona non grata' status

October 25, 2021

Erdogan declared Saturday that he had demanded the status of "persona non grata" be applied to the ambassadors of the U.S. and nine other Western countries. The lira had already … Read More

foRecep Tayyip ErdoganTurkey
Dailymotion Set to Appoint a Local Representative in Turkey

Dailymotion Set to Appoint a Local Representative in Turkey

January 23, 2021

French video-hosting website Dailymotion SA will name a local representative in Turkey to comply with the country’s social-media law. Dailymotion, which is accessed by more than 1 million people from … Read More

TIKTOK INCTurkeyTWITTER INC
Turkey’s Elvan Pledges Accountability to Woo Foreign Investors

Turkey’s Elvan Pledges Accountability to Woo Foreign Investors

December 8, 2020

Turkey will follow through its pledges to carry out economic and legal reforms, Treasury and Finance Minister Lutfi Elvan said on Tuesday, in an effort to lure much-needed foreign investment. … Read More

Foreign DirLutfi ElvanTurkey
Turkey Has No Cure for a Gold Craze That Leaves Lira Vulnerable

Turkey Has No Cure for a Gold Craze That Leaves Lira Vulnerable

November 27, 2020

A year of crisis for the lira has kept Turks buying gold at a record pace. Now the appetite for more bullion risks becoming a drag on the currency just … Read More

Generic 1st 'GC' FutureTurkey
Turkey Has No Cure for a Gold Craze That Leaves Lira Vulnerable

Turkey Has No Cure for a Gold Craze That Leaves Lira Vulnerable

November 27, 2020

A year of crisis for the lira has kept Turks buying gold at a record pace. Now the appetite for more bullion risks becoming a drag on the currency just … Read More

Generic 1st 'GC' FutureTurkey
U.S. Push Against Kurdish PKK May Ease One Tension With Turkey

U.S. Push Against Kurdish PKK May Ease One Tension With Turkey

November 7, 2020

The U.S. condemned a recent attack by the Kurdish PKK group on allied Iraqi Kurdish forces in Iraq as Washington seeks to drive elements of the group out of Syria … Read More

IraqoSyriaTurkeyWashington
Turkey’s Opposition Accuses Treasury of Seizing Isbank Dividends

Turkey’s Opposition Accuses Treasury of Seizing Isbank Dividends

November 3, 2020

Turkey’s main opposition party accused the government of seizing accumulated dividends worth about 3.7 billion liras ($435 million) paid by Turkiye Is Bankasi AS. The payouts were meant for the … Read More

GovernmentTurkeyTURKIYE IS B
Weighing Lockdowns, U.K. Divide, Turkey’s Boycott Call: Eco Day

Weighing Lockdowns, U.K. Divide, Turkey’s Boycott Call: Eco Day

October 27, 2020

Welcome to Tuesday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the day: The European Central Bank will get much of the evidence it … Read More

EuropeEuropean CentralTurkey
Turkey's currency drops to record low on Russian missile defense tensions with U.S.

Turkey's currency drops to record low on Russian missile defense tensions with U.S.

October 8, 2020

U.S. sanctions against Turkey "are becoming a distinct possibility," one analyst told CNBC. Washington on Wednesday issued a stern rebuke in response to reports that Turkey was preparing to test … Read More

TurkeyUnited ArUnited States
Turkey Tells Airlines to Consider Firing Expats First Amid Slump

Turkey Tells Airlines to Consider Firing Expats First Amid Slump

August 21, 2020

Follow us @middleeast for more news on the region. Turkey has floated proposals that would require its airlines to ax foreign pilots and cabin crew before dismissing local workers as … Read More

AirlinescoronavTravelTurkey
Turkey’s Central Bank Is in a Bind Ahead of Rates Day: Eco Week

Turkey’s Central Bank Is in a Bind Ahead of Rates Day: Eco Week

August 16, 2020

Turkey’s central bank is in a bind and investors are about to find out how policy makers solve the dilemma of appeasing a president preoccupied with low interest rates and … Read More

InteresMonetary PolicyTurkey
Turkey’s Lira Hits Record Low as Interventions Fail to Stem Drop

Turkey’s Lira Hits Record Low as Interventions Fail to Stem Drop

August 6, 2020

Follow us @middleeast for more news on the region. Turkey’s lira tumbled to its lowest level against the dollar as interventions by state banks failed to keep a lid on … Read More

CurrencyTurkeyUS Dollar Spot

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