Turkish Economy Grows 7.6% Despite Fastest Inflation in Decades - Bloomberg

Turkish Economy Grows 7.6% Despite Fastest Inflation in Decades ByBeril Akman August 31, 2022 at 9:10 AM GMT+2 Turkey’s economy outpaced most peers in the second quarter despite inflation at a 24-year high, driven by a surge in consumption. More:Turkish Economy Grows 7.6% Despite Fastest Inflation in Decades - Bloomberg

EU rejecting more Turkish visa applicants

EU rejecting more Turkish visa applicants By EUOBSERVER TODAY, 07:04 The rate of Turkish visa applications rejected by the EU has gone up from 4 percent in 2015 to 12.5 percent in 2020 and 16.5 percent in 2021, according to data cited by Reuters. "If the situation does not improve after that we will take counter, restrictive measures," Turkish foreign minister Mevlüt Çavuşoğlu said. "No decisions are taken on political grounds but rather on objective grounds," the EU said. More:EU rejecting more Turkish visa applicants

Turkish scientists have created a “one-second” COVID-19 test kit | The Paradise News

Turkish scientists have created a “one-second” COVID-19 test kit by Admin August 28, 2022, 3:12 am The new COVID-19 diagnostic kit created by experts at Istanbul Technical University (TÜ) in Istanbul, Turkey, offers results in under a second. Yusuf Yac, an Ege University chemistry professor, worked on the polymeric material kit with Ph.D. student Tuba Elicker and other experts. More:Turkish scientists have created a “one-second” COVID-19 test kit | The Paradise News

Russia, Ankara and Damascus: Who decides Turkey's foreign policy? - Qantara.de

Russia, Ankara and Damascus Who decides Turkey's foreign policy? Following months spent considering a military incursion into northern Syria, Turkey now appears to want talks with Syria to ensure security and the return of refugees. From Istanbul Ayse Karabat analyses what caused the about-turn for Qantara.de More:Russia, Ankara and Damascus: Who decides Turkey's foreign policy? - Qantara.de

Turkish Nationals Face Problems Due to Schengen Visa Delays & Refusals - SchengenVisaInfo.com

Turkish Nationals Face Problems Due to Schengen Visa Delays & Refusals August 26, 2022 Nationals of Türkiye have been facing problems for months now when planning to reach the European Union due to the Schengen visa delays and the high rejection rate. More:Turkish Nationals Face Problems Due to Schengen Visa Delays & Refusals - SchengenVisaInfo.com

Scientists Discover Surprise Anticancer Properties of Common Lab Molecule | Newsroom

Scientists Discover Surprise Anticancer Properties of Common Lab Molecule August 23, 2022 Experiments from the UNC School of Medicine lab of Nobel Prize-winning scientist Aziz Sancar, MD, PhD, show how a common molecular tool for DNA labeling also has anticancer properties worthy of further investigation, especially for brain cancers. More:Scientists Discover Surprise Anticancer Properties of Common Lab Molecule | Newsroom

US warns of sanctions against Turkey over Russia ties

US warns of sanctions against Turkey over Russia ties Issued on: 24/08/2022 - 11:20 Modified: 24/08/2022 - 11:18 Istanbul (AFP) – Turkey's top business association has confirmed receiving a letter from the US Treasury warning of possible sanctions if it continues doing business with Russia. Washington is growing increasingly alarmed that the Russian government and businesses are using Turkey to evade Western financial and trading restrictions imposed in response to the Kremlin's invasion of Ukraine six months ago. More:US warns of sanctions against Turkey over Russia ties

Turkish Citizens Turn to EU’s Golden Passport Programs Following Surge in Schengen Visa Rejection Rates - SchengenVisaInfo.com

Turkish Citizens Turn to EU’s Golden Passport Programs Following Surge in Schengen Visa Rejection Rates August 24, 2022 Wealthy Turkish nationals are turning to European Union countries’ Citizenship by Investment programs, following the long waiting times as well as the surge in the rate of rejection of visa applications, despite the fact that such a scheme is often involved in many unlawful affairs. More:Turkish Citizens Turn to EU’s Golden Passport Programs Following Surge in Schengen Visa Rejection Rates - SchengenVisaInfo.com

Turkey Says Won’t Buy F-16s From US If Conditions Imposed on Use - Bloomberg

Turkey Says Won’t Buy F-16s From US If Conditions Imposed on Use A F-16 aircraft Photographer: Adem Altan/AFP/Getty Images BySelcan Hacaoglu August 23, 2022 at 10:34 AM GMT+2 Turkey won’t buy F-16 warplanes from the US if restrictions are imposed on their use, Foreign Minister Mevlut Cavusoglu said Tuesday. More:Turkey Says Won’t Buy F-16s From US If Conditions Imposed on Use - Bloomberg

Turkish Opposition to Run Joint Candidate Against President Erdogan | Balkan Insight

Turkish Opposition to Run Joint Candidate Against President Erdogan Hamdi Firat BuyukSarajevoBIRNAugust 22, 202211:44 Six opposition parties in Turkey said that they will nominate a joint candidate in a bid to end 20-year rule of Recep Tayyip Erdogan at the 2023 presidential elections. More:Turkish Opposition to Run Joint Candidate Against President Erdogan | Balkan Insight

Lviv Summit Confirms Erdogan's Diplomatic Offensive | Warsaw Institute

Lviv Summit Confirms Erdogan’s Diplomatic Offensive A meeting that brought the presidents of Ukraine and Turkey and the UN Secretary-General corroborates successful diplomatic efforts, an example of which was a deal to resume grain exports. The one who serves a pivotal role is Turkish President Recep Tayyip Erdogan. More:Lviv Summit Confirms Erdogan's Diplomatic Offensive | Warsaw Institute

A powerful woman is challenging President Erdogan – could she shape Turkey’s future? | The Independent

A powerful woman is challenging President Erdogan – could she shape Turkey’s future? If polling is somewhat accurate, the Iyi (or Good) Party founded by Meral Aksener is quickly becoming one of the most important players in the country ahead of 2023’s elections, writes Borzou Daragahi ore:A powerful woman is challenging President Erdogan – could she shape Turkey’s future? | The Independent

A Turkish Playbook for Fighting Populism by Seren Selvin Korkmaz - Project Syndicate

A Turkish Playbook for Fighting Populism Aug 18, 2022 SEREN SELVIN KORKMAZ While President Recep Tayyip Erdoğan pursues a fear-based strategy of polarization, Turkey’s opposition parties are maintaining a strong alliance and a positive message. If they win next year’s national elections, democratic forces seeking to unseat populist autocrats elsewhere will certainly register how they did it. More:A Turkish Playbook for Fighting Populism by Seren Selvin Korkmaz - Project Syndicate

Summers Says MMT Backers Should Look at Erdogan’s Turkey Woes - Bloomberg

Summers Says MMT Backers Should Look at Erdogan’s Turkey Woes Ex-Treasury secretary speaks after Turkey’s surprise rate cut Turkish inflation rate at 24-year high, lira near record low Former US Treasury Secretary Lawrence Summers urged supporters of modern monetary theory -- a heterodox economic school that argues governments can spend more than they think without spurring runaway inflation -- to look at the troubles such thinking has produced in Turkey. More:Summers Says MMT Backers Should Look at Erdogan’s Turkey Woes - Bloomberg

Turkey and the German Dream | Asharq AL-awsat

Turkey and the German Dream Friday, 19 August, 2022 - 05:45 It was almost exactly 20 years ago when Kemal Dervis told a group of reporters in Ankara that in “in 20 years”, Turkey would be one of Europe’s two biggest economies alongside Federal Germany. Shortly after that remark, however, Dervis’s brief tenure as Turkey’s “economic miracle worker” in Prime Minister Bulent Ecevit’s government was over. Dervis was not to become Turkey’s Ludwig Erhard, the man who shaped West-Germany’s postwar economic revival, and Ecevit himself soon took his own curtain call. More:Turkey and the German Dream | Asharq AL-awsat

Turkish Lira (TRY/USD) Tumbles After Central Bank Delivers Shock Rate Cut - Bloomberg

Analysts Caught Off Guard as Turkey Unexpectedly Cuts Repo Rate ByTugce Ozsoy August 18, 2022 at 1:27 PM GMT+2Updated onAugust 18, 2022 at 3:54 PM GMT+2 The shock decision by Turkey’s central bank to cut interest rates against a backdrop of soaring inflation surprised analysts and economists, who expect further intervention in currency markets as pressure builds on the lira again. ore:Turkish Lira (TRY/USD) Tumbles After Central Bank Delivers Shock Rate Cut - Bloomberg

Only 28.5 percent of Turks support executive presidential system, survey finds

Only 28.5 percent of Turks support executive presidential system, survey finds Only 28.5 percent of Turkish citizens support the current executive presidential system, with 66.4 percent demanding a shift to the parliamentary system, according to a recent survey. More:Only 28.5 percent of Turks support executive presidential system, survey finds

Turkey shocks markets with rate cut despite inflation near 80%

Turkey shocks markets with rate cut despite inflation near 80% PUBLISHED THU, AUG 18 20227:14 AM EDTUPDATED MOMENTS AGO Natasha Turak Its main policy rate, which had been at 14% for the last seven months, was cut to 13% in a complete mismatch to what other central banks are doing around the world. Analysts expected no rate change; the move lower by the Turkish central bank has taken markets by surprise. The lira, Turkey’s currency, slid 0.9% against the dollar following the news, trading at more than 18.1 to the greenback — near a record low. Turkish President Tayyip Erdogan arrives for a NATO summit in Madrid, Spain June 29, 2022. Nacho Doce | Reuters Turkey’s central bank shocked markets Thursday with a cut to its benchmark policy rate, despite inflation in the country sitting near 80%. The lira, Turkey’s currency, slid 0.9% against the dollar, trading at more than 18.1 to the greenback after the news — near a record low. More:Turkey shocks markets with rate cut despite inflation near 80%

Surge in Turkish exports to Russia raises western fears of closer ties | Financial Times

Surge in Turkish exports to Russia raises western fears of closer ties Value of goods sold soars 46% as companies fill trade void created by war sanctions More:Surge in Turkish exports to Russia raises western fears of closer ties | Financial Times

How Putin and Erdoğan are making the West irrelevant

How Putin and Erdoğan are making the West irrelevant By HUGO BLEWETT-MUNDY There is more in common between Turkey and Russia than one might think. Both are countries on the periphery of Europe and grappling with the loss of their respective empires. More:How Putin and Erdoğan are making the West irrelevant

Turkish Drone Maker Baykar Is Booked for Three Years, CEO Says - Bloomberg

Turkish Drone Maker Baykar Is Booked for Three Years, CEO Says TB2 production capacity increased to 20 drones per month Drone sales to Ukraine as Turkey declines to pick side in war More:Turkish Drone Maker Baykar Is Booked for Three Years, CEO Says - Bloomberg

Turkey’s Foreign Reserves Get the Biggest Boost in a Year - Bloomberg

Turkey’s Foreign Reserves Get the Biggest Boost in a Year Gross foreign reserves, including gold, near $109 billion The bump comes after Russia started wiring money to Turkey Turkey’s foreign reserves rose by the most in a year to nearly $109 billion following money transfers from Russia for the construction of a nuclear power plant. More:Turkey’s Foreign Reserves Get the Biggest Boost in a Year - Bloomberg

Erdogan and Putin: Complicated Relations With Mutual Benefits - The New York Times

Erdogan and Putin: Complicated Relations With Mutual Benefits Turkey needs Russian cash, gas and business as Erdogan looks to a dicey election and a new incursion in Syria, while Moscow needs friends to try to evade Western sanctions. By Steven Erlanger Aug. 11, 2022, 9:02 a.m. ET BRUSSELS — Turkey’s mercurial president, Recep Tayyip Erdogan, is in political difficulty before elections next year, with his economy imploding, a central bank nearly out of foreign exchange and volcanic inflation running at about 80 percent annually. More:Erdogan and Putin: Complicated Relations With Mutual Benefits - The New York Times

Turkey – Europe’s new Gas hub? - Gateway House

Turkey – Europe’s new Gas hub? The Ukraine crisis has sent the EU scrambling for new gas supplies, generating fresh interest in gas pipelines from Central Asia and West Asia via Turkey. Practical difficulties make most of these new projects unviable. More:Turkey – Europe’s new Gas hub? - Gateway House

Turkey's president cracks down on creative freedom before election

Turkey’s punitive stranglehold on creative freedom has tipped into farcical overdrive With an election on the horizon, President Erdoğan appears increasingly panicked — and Turkey's artists and writers are paying the price. More:Turkey's president cracks down on creative freedom before election

Turkey: Difficult to live with, nearly impossible to live without – POLITICO

Turkey: Difficult to live with, nearly impossible to live without Erdoğan may make for a very complicated ally, but the country’s strategic importance to the Alliance is clear. More:Turkey: Difficult to live with, nearly impossible to live without – POLITICO

Alarm mounts in western capitals over Turkey’s deepening ties with Russia | Financial Times

Alarm mounts in western capitals over Turkey’s deepening ties with Russia Officials warn of retaliation if Ankara helps Moscow evade sanctions after Erdoğan and Putin agree to increase co-operation mORE:Alarm mounts in western capitals over Turkey’s deepening ties with Russia | Financial Times

Turkish Manufacturing Activity in Worst Funk Since First Wave of Pandemic - Bloomberg

Turkish Manufacturers in Worst Funk Since First Wave of Pandemic Business conditions among Turkish manufacturers deteriorated the most since May 2020 after output and new orders suffered their worst performance since the first wave of the coronavirus pandemic. More:Turkish Manufacturing Activity in Worst Funk Since First Wave of Pandemic - Bloomberg

Inflation rate in Istanbul reaches 100% in one year - General news - ANSAMed.it

Inflation rate in Istanbul reaches 100% in one year A similar rate had not been seen in the country since 1998 More:Inflation rate in Istanbul reaches 100% in one year - General news - ANSAMed.it