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Diplomacy

Turkey accuses European official of speaking on behalf of Greek interests

Turkey on Wednesday slammed comments by European Commission Vice President for Promoting the European Way of Life Margaritis Schinas, who said Turkey had tried...
Diplomacy

Russian, Turkish foreign ministers announce support for Libya ceasefire: report

Russian Foreign Minister Sergei Lavrov and Turkish Foreign Minister Mevlüt Çavuşoğlu during a phone call on Thursday backed an immediate ceasefire in Libya, the...
Diplomacy

Turkey says attacks on its interests in Libya will have serious consequences: report

Turkey’s foreign ministry on Thursday warned of serious consequences if General Khalifa Haftar’s forces attack Turkish interests in Libya, Reuters reported. The ministry’s spokesman said...
Business

Turkish Airlines extends suspension of domestic, int’l flights into June: report

Turkish Airlines said it is extending the suspension of all its flights into June due to the coronavirus outbreak, the SeeNews website reported. Domestic flights...
Business

Turkish central bank cuts policy rate by 50 pts, eyes normalization: report

Turkey’s central bank cut its policy rate by 50 basis points to 8.25 percent as expected on Thursday, taking advantage of recent lira strength...
Business

Turkey to make importing goods harder, minister says: report

Turkey will make it harder to import goods except for strategic products and those that cannot be produced domestically, Finance Minister Berat Albayrak was...
Business

Fitch cuts rating of Turkey’s Halkbank, lowers outlook of state-run banks: report

Fitch Ratings has cut the Long-Term Foreign-Currency Issuer Default Rating (LTFC IDR) of Turkey’s state-run Halkbank, citing the nation’s declining foreign currency reserves and the risk of...
Business

Nearly 16,000 businesses shut down under coronavirus measures: report

Some 16,000 businesses were closed between March 1 and April 30, when Turkey imposed measures to halt the spread of the coronavirus, the Diken news website...
Diplomacy

Documentary reveals poor Syrian refugees in Turkey selling organs to survive

A recent CBS documentary has revealed that desperate Syrian refugees in Turkey are selling their organs on the black market just to make ends meet, the...
Business

Turkey’s consumer confidence increases in May despite coronavirus

Turkey's consumer confidence index rose to 59.5 points in May, data from the Turkish Statistical Institute showed on Wednesday, climbing from April's 54.9 -- its lowest...
Business

Russia’s Gazprom reduced gas supplies to Germany, Turkey in March: report

Russian gas giant Gazprom decreased its supplies to major clients Germany and Turkey in March, Reuters reported, citing the Interfax news agency. Natural gas pipeline exports by...
Business

Turkey triples its currency-swap deal with Qatar: central bank

Turkey secured a tripling of its currency-swap agreement with Qatar to $15 billion, the central bank said on Wednesday, providing some much-needed foreign funding to reinforce...
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