Economy
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Moody’s downgrades Turkey rating to B1, ministry challenges move
Moody’s cut Turkey’s sovereign credit rating deeper into “junk” territory on Friday, saying the risk of a balance of payments…
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Overview of the USA’s Huawei decisions from Ukraine
The trade ban is part of a wider battle between the US and Huawei.Washington has moved to block the Chinese…
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Turkish economy deteriorated due to ruling party’s Istanbul election hustle – main opposition
Turkey’s main opposition party spokesman on Saturday said the economy was damaged critically in the period between the ruling party’s…
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Turkish economy shrank 2.7 percent in Q4, 2018 growth below forecast: poll
Turkey’s economy shrank 2.7 percent in the fourth quarter of 2018, dragging full-year growth down to a below-forecast 2.55 percent,…
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The President emphasizes that the increase of pensions will be carried out constantly
During a speech at the Regional Development Council in Kirovohrad region, President Petro Poroshenko emphasized that starting from March 1,…
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President: We have got new opportunities to fight poverty, and we will help more and more elderly people year by year
During the working trip to Zaporizhia region, President Petro Poroshenko took part in the Regional Development Council. He emphasized that…
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Israel’s Bank Hapoalim planning sale of share in Turkey’s Bank Pozitif
Israeli lender Bank Hapoalim said it is planning a sale of its holdings in Turkey’s Bank Pozitif. “The bank is…
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Cracks in Turkey’s economy keep getting larger
During the countdown to the March 31 local elections in Turkey, things are not as rosy as the Justice and…
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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…
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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…
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