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Turks are dumping lira and hoarding dollars: report

Turks are dumping lira and hoarding dollars: report

Turkish households and companies that are faced with runaway inflation and near-zero real returns on local-currency deposits have converted $18…
Erdoğan pushing cheap credit in local election campaign: report

Erdoğan pushing cheap credit in local election campaign: report

Turkey’s government is making cheap credit a key part of its campaign, pushing banks to take on greater risks in…
Turkey hammered on credit rating rankings

Turkey hammered on credit rating rankings

Turkey’s score in terms of the global credit rating agencies has seen it fall 15 places to 82nd out of 148…
Increasing gas prices add another headache for cash-strapped Turks

Increasing gas prices add another headache for cash-strapped Turks

AS OF Monday, gasoline prices have been increased by 27 kuruş in Turkey. This was announced by the Energy Petroleum…
Housing sales in Turkey dropped by 24.8 percent in January: TurkStat

Housing sales in Turkey dropped by 24.8 percent in January: TurkStat

The Turkish Statistics Institute (TurkStat) has revealed that housing sales on a national scale declined by 24.8 percent in January…
Business representative: Turkish firms can’t get their money from government projects

Business representative: Turkish firms can’t get their money from government projects

A business association chairman said on Monday that Turkish firms had not been paid by the government for project contracts…
Turkish government taken to international tribunal

Turkish government taken to international tribunal

The Turkish government’s seizure of independent media companies is to be challenged in two international cases on the grounds that…
Uber’s ‘business is finished’ in Turkey, Erdogan says

Uber’s ‘business is finished’ in Turkey, Erdogan says

Turkey’s President Recep Erdogan has said ride hailing app Uber is finished in Turkey, following pressure from Istanbul taxi drivers…
Ukraine International Airlines announces new destinations to be introduced within 5 years

Ukraine International Airlines announces new destinations to be introduced within 5 years

The airline company Ukraine International Airlines (UIA, Kyiv) over the course of the next five years is going to introduce a number…
Egypt to set local buying price for wheat in March

Egypt to set local buying price for wheat in March

Egypt will set its local buying price for wheat in March, one month ahead of the harvest, the ministry of…
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