Economy

Turkish billionaires, businesspeople among dozens identified in Pandora Papers

Turkish billionaires, businesspeople among dozens identified in Pandora Papers

More than 20 Turks, including billionaires on Forbes’ list and well-known businessmen, were identified in the Pandora Papers, a leak…
A unique project Digital Mortgages

A unique project Digital Mortgages

“Digitalization is the main trend of the 21st century in all industries.” With these words, the presentation of the digital…
Bias about Gulen Movement in light of The Economist column

Bias about Gulen Movement in light of The Economist column

The Kemalist viewpoint in Turkey perceives the Gulen movement as a menace that had served as an instrument of President…
Turkish central bank’s foreign currency borrowing at record; lira declines

Turkish central bank’s foreign currency borrowing at record; lira declines

The Turkish central bank has increased its foreign currency borrowing from local banks to a record $35.5 billion in April.…
Turkey sees 55 pct year-on-year drop in housing sales in April

Turkey sees 55 pct year-on-year drop in housing sales in April

Housing sales in Turkey declined 55.5 percent in April compared to the same month last year, the Diken news website…
Turkey posts second-largest budget deficit on record as spending surges

Turkey posts second-largest budget deficit on record as spending surges

Turkey reported its second-largest budget deficit on record in April as government spending surged in response to the COVID-19 outbreak,…
Turkey’s inflation rises to 12.15 percent in January: report

Turkey’s inflation rises to 12.15 percent in January: report

Turkey’s consumer price inflation rose a bit more than expected to 12.15 percent year-on-year in January, the Turkish Statistical Institute…
Purge-victim doctor denied checking account by a Turkish bank

Purge-victim doctor denied checking account by a Turkish bank

Garanti BBVA, a financial services company based in Turkey, refused to open a checking account to a purge-victim medical doctor…
Oleksiy Honcharuk: Ukraine and the IMF agree on a new support program

Oleksiy Honcharuk: Ukraine and the IMF agree on a new support program

Today during a phone conversation, President of Ukraine Volodymyr Zelensky and Managing Director of the International Monetary Fund Kristalina Georgieva…
Turkey records higher-than-expected $2.48 bln current account surplus in September

Turkey records higher-than-expected $2.48 bln current account surplus in September

Turkey’s current account recorded a higher-than-expected surplus of $2.48 billion in September, data from the central bank showed on Tuesday,…
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