Turkish Growth Set for Lowest in Years as More Rate Hikes Loom

Turkish Growth Set for Lowest in Years as More Rate Hikes Loom (Bloomberg) -- Turkey’s economy probably slowed in the second quarter, with activity set to remain subdued for the rest of the year as officials seek to put growth on a more sustainable footing by raising interest rates. More:Turkish Growth Set for Lowest in Years as More Rate Hikes Loom

Turkey Bans ‘Fake’ Sellers to Stop Price Gouging Via Online Ads - Bloomberg

Turkey Bans ‘Fake’ Sellers to Stop Price Gouging Via Online Ads Turkey on Thursday banned “fake” sellers from posting online advertisements for cars and houses to prevent what authorities say has amounted to price gouging, the latest in a series of steps by the government to rein in consumer inflation. More:Turkey Bans ‘Fake’ Sellers to Stop Price Gouging Via Online Ads - Bloomberg

Turkey makes bigger than expected interest rate hike, targets inflation | Business and Economy News | Al Jazeera

Turkey makes bigger than expected interest rate hike, targets inflation Turkey’s 25 percent interest rate hike received well by investors who want Ankara to move away from previous policies. More:Turkey makes bigger than expected interest rate hike, targets inflation | Business and Economy News | Al Jazeera

Music festivals in Turkey: Only "halal" festivals acceptable? - Qantara.de

Music festivals in Turkey Only "halal" festivals acceptable? In Turkey, concerts and festivals by artists at odds with the government line are being cancelled with increasing frequency. Islamist and nationalist groups are often responsible. Elmas Topcu and Aynur Tekin report More:Music festivals in Turkey: Only "halal" festivals acceptable? - Qantara.de

In Turkey, Silence a Bigger Fear Than Arrest, Says Journalist

In Turkey, Silence a Bigger Fear Than Arrest, Says Journalist August 22, 2023 3:24 PM Carmela Caruso When it comes to violations against female journalists globally, analysts show one country accounts for around one-fifth of all cases: Turkey. More:In Turkey, Silence a Bigger Fear Than Arrest, Says Journalist

Turkey is the real key to American influence in the Middle East | The Hill

Turkey is the real key to American influence in the Middle East BY STEWART LATWIN, OPINION CONTRIBUTOR - 08/21/23 4:30 PM ET The United States has long viewed its relationship with Saudi Arabia as its most influential partnership in the Middle East. But Turkey is rapidly becoming a regional hegemon, while maintaining close ties to Europe and the U.S. through its NATO membership. With Turkey’s recent shift towards the West, as well as efforts to rebuild relationships with Middle East partners, its strategic importance is growing. If America wants to maintain its political and military power in the region, it needs to take advantage of this rise and forge closer relations with Turkey. More:Turkey is the real key to American influence in the Middle East | The Hill

How religion still means power in ‘secular' Turkiye

How religion still means power in ‘secular' Turkiye PTI | London | Updated: 21-08-2023 11:48 IST | Created: 21-08-2023 11:48 IST Country: United KingdomSHARE London Metropolitan, University in London London, Aug 21 (360info) As the Turkish Republic turns 100, the modern nation built from the ashes of the Ottoman empire continues to wield the religious power of its history. More:How religion still means power in ‘secular' Turkiye

Turkish Banks Warn of Risks in Plan to Curb Lira (TRY/USD) Protection Tool - Bloomberg

Turkish Banks Warn of Risks in Plan to Curb Lira Tool Lenders, central bank officials held teleconference on Monday Flagship lira deposit tool’s future was discussed in the call More:Turkish Banks Warn of Risks in Plan to Curb Lira (TRY/USD) Protection Tool - Bloomberg

Erdoğan Manages to Secure His Presidency by Playing Dirty - Modern Diplomacy

Erdoğan Manages to Secure His Presidency by Playing DirtyPublished 16 hours ago on August 18, 2023By T-Fai Yeung In May, Recep Tayyip Erdoğan secured victory in the second round of Turkey’s presidential election by obtaining approximately 52% of the total votes. In fact, Erdoğan had become the favorite candidate after release of the first-round election results, going against many earlier predictions that opposition candidate Kemal Kılıçdaroğlu would win—a prediction that some cautious observers warned was over-optimistic. Although recent Turkish presidential elections have been unfair towards the opposition, many polls suggesting that Erdogan faced defeat still had him receiving more than 40% support. As such, it is worth examining the reasons behind this. More:Erdoğan Manages to Secure His Presidency by Playing Dirty - Modern Diplomacy

Turkey faces brain drain as doctors seek better life abroad

Turkey faces brain drain as doctors seek better life abroad Experts worry that if the trend continues, ordinary people will struggle to gain access to quality health care Medics at a hospital in Istanbul. The migration of doctors is reportedly leaving large gaps in healthcare services in Turkey. AP Andrew Wilks Aug 18, 2023 Turkey’s doctors are leading a rush of people leaving the country amid economic turmoil and what medics say are deteriorating conditions and growing violence at work. More:Turkey faces brain drain as doctors seek better life abroad

Global lessons from Turkey earthquakes building safety failures | Insurance Business America

Global lessons from Turkey earthquakes building safety failures Tens of thousands were killed in devastating event Catastrophe & Flood By Jen Frost Aug 17, 2023 Share Destructive February earthquakes in Turkey and Syria proved a devastating example of global challenges around building safety standards and resilience measures. More:Global lessons from Turkey earthquakes building safety failures | Insurance Business America

In Istanbul’s Grand Bazaar, Demand for Gold and Dollars Soars - WSJ

In Istanbul’s Grand Bazaar, Demand for Gold and Dollars Soars Turks are pouring money into foreign currency, jewelry and other assets as the lira weakens Many of the small and midsize shops in Istanbul’s Grand Bazaar deal in gold and currency. By Jared Malsin and Elvan Kivilcim Aug. 6, 2023 10:00 am ET ISTANBUL—Deep in the stone warren of Istanbul’s 560-year-old Grand Bazaar, a cluster of traders selling gold and dollars pace the alleyway, murmuring into phones and smoking. The tension rises as demand grows. A shout comes from the crowd: “I’ve got it ready!” More:In Istanbul’s Grand Bazaar, Demand for Gold and Dollars Soars - WSJ

Istanbul alcohol store murders expose prevalence of unregistered firearms in Türkiye-Xinhua

Istanbul alcohol store murders expose prevalence of unregistered firearms in Türkiye Source: XinhuaEditor: huaxia2023-08-04 22:06:30 by Burak Akinci ANKARA, Aug. 4 (Xinhua) -- The recent murders that took place in an alcohol store in Istanbul, Türkiye's most populous province, have highlighted the prevalence of unregistered guns and gun-related violence in the country despite police measures. More:Istanbul alcohol store murders expose prevalence of unregistered firearms in Türkiye-Xinhua

Living in Istanbul costs nearly four minimum wages

Living in Istanbul costs nearly four minimum wages According to Istanbul Planning Agency's research, the cost of living in Istanbul increased by about 73% in July compared to the same month last year and was calculated as nearly 39,000 Turkish liras. More:Living in Istanbul costs nearly four minimum wages

Thousands Remain Displaced After Türkiye's Earthquakes | News | teleSUR English

Thousands Remain Displaced After Türkiye's Earthquakes by Rahim Volkov Six months ago, the powerful tremors have claimed about 50,000 lives and rendered over a million people homeless. Nearly six months after deadly earthquakes devastated southern Türkiye, thousands of survivors are still displaced, while President Recep Tayyip Erdogan has promised a rapid reconstruction. More:Thousands Remain Displaced After Türkiye's Earthquakes | News | teleSUR English

Turkey's Evolving Political Landscape: Shifting Priorities and Global Assistance post-Earthquakes - The Geopolitics

Turkey’s Evolving Political Landscape: Shifting Priorities and Global Assistance post-Earthquakes EUROPE Recep Tayyip Erdogan, aged 69, has emerged victorious in a closely contested election that, at one point, posed a potential challenge to his longstanding tenure as Turkey’s president. With over 99 percent of ballot boxes counted, he secured the runoff vote with a margin of 52 percent to 48 percent, as officially reported by Turkey’s Supreme Election Council. This outcome ensures another five-year term for Erdogan, who has exerted significant influence on his country’s political landscape over the past two decades. More:Turkey's Evolving Political Landscape: Shifting Priorities and Global Assistance post-Earthquakes - The Geopolitics

Turkey limits credit card use for foreign travel, tourism sector takes a blow | International Business

Turkey Limits Credit Card Use For Foreign Travel, Tourism Sector Takes A Blow Turkey's banking watchdog restricts credit card use for foreign travel, hurting the tourism sector and curbing currency outflows. More:Turkey limits credit card use for foreign travel, tourism sector takes a blow | International Business