11.2 C
Frankfurt am Main
type here...

CATEGORY

Business

Business

Turkey’s central bank raises inflation forecast to 44 percent

Turkey's central bank on Friday raised its inflation forecast for this year and the next, as consumer price increases have slowed less than expected...
Business

Total reserves of Turkey’s central bank hit new record high

The total reserves of Turkey’s central bank rose to a record high of $159.6 billion as of November 1, marking an increase of $221...
Business

Turkey hopes for lower US tariffs under Trump, lira rallies: report

Turkey expects Donald Trump's White House will lower tariffs on its steel and textile exports, the trade minister said on Thursday, as the lira...
Business

Turkish inflation inches down to 48.6 percent in October: TurkStat

Turkey's annual inflation rate fell less than expected to 48.6 percent in October, data from the Turkish Statistical Institute (TurkStat) showed Monday, as officials...
Business

S&P upgrades Turkey’s credit rating to BB-

Standard and Poor's upgraded Turkey's long-term sovereign credit rating on Friday from B+ to BB-, with the agency noting economic progress thanks to the...
Business

Turkey’s overworked ATMs break down under ‘worthless’ lira banknotes: report

The depreciation of Turkey's lira has led to unexpected challenges, with ATMs across the country breaking down under the weight of increasingly depreciated banknotes,...
Business

Turkey to return state banks’ capitalization measure to former level: report

Turkey is reducing the limit on state banks' usage of special government bonds issued for capital increases to former levels, in the latest step...
Business

Pro-Erdoğan corporation continues steel exports to Israel via exclusive customs facility

A pro-government conglomerate in Turkey continues to export steel to Israel through a dedicated customs zone established within one of its factories, investigative journalist...
Business

Turkey’s central bank again keeps key interest rate steady at 50 percent

Turkey’s central bank on Thursday kept its key interest rate unchanged for the seventh month in a row, with annual inflation announced at around...
Business

Turkey retains position as Europe’s top coal-fired power system: report

Turkey has spent eight of the first nine months of 2024 as Europe's largest producer of coal-fired electricity, overtaking Germany and Poland as it...
Business

Uganda signs rail building deal with Turkish construction firm: report

Uganda's government and Turkish construction firm Yapı Merkezi have signed a contract to build a 272 kilometer (169 mile) section of railway in a...
Business

Turkish gov’t seeks to introduce new tax to fund defense industry

The Turkish government is planning to impose a new tax on credit cards that is designed to fund the defense industry, Agence France-Presse reported. As...
123...156Page 2 of 156

Latest news

© Designed by Increases 2016 - 2022

About Us

Categories