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Report: German MediaMarkt suspends Turkey’s Teknosa acquisition plans

German consumer electronics retailer MediaMarkt has suspended plans to buy shares in Turkey’s Teknosa, Reuters reported, citing two sources close to the matter, after...

Turkey wants to take relations with EU to new phase: Albayrak

Turkey wants to take its relations with the European Union to a new phase at a time when its trade with the bloc is...

[OPINION] Has Erdoğan out-trumped Trump?

Turkish Minute staff What started out as a “bromance” between two world leaders has recently turned into an aggressive game of one-upmanship, with the autocratic...

Erdoğan says the target is not himself but Turkey, Islam

Turkish President Recep Tayyip Erdoğan on Sunday called on people to be alert to foreign plots including the currency crisis, underlining that the target...

Currency crisis hits publishing industry in Turkey

A sharp decline in the value of the Turkish lira has led to a crisis in the publishing sector since Turkey imports almost all...

Bundesbank head stresses independence of Turkey’s central bank amid currency crisis

Jens Weidmann, the head of Germany’s Bundesbank, said on Thursday that the independence of the Turkish Central Bank was important for the recovery of...

Russians’ purchase of real estate in Turkey skyrockets due to plunge of lira

Russians are taking advantage of the recent loss in value of the Turkish lira against other currencies to purchase real estate in Turkey, Sputnik...

US nat’l security advisor: Qatari cash infusion will not help Ankara’s economy

Turkey could end its lira-battering crisis with the United States “instantly” by freeing a detained American pastor, President Donald Trump’s national security adviser said,...

Qatar and Turkey central banks sign swap agreement: report

Qatar and Turkey’s central banks have signed a currency swap agreement to provide liquidity and support for financial stability, Qatar’s central bank said on...

Merkel says Turkey has no urgent need for financial aid

German Chancellor Angela Merkel told her Christian Democrats (CDU) at a meeting that she saw no urgent need to offer financial aid for Turkey...

Erdoğan: Currency crisis the same as attack on call to prayer, Turkish flag

Turkish President Recep Tayyip Erdoğan on Monday said "attacks against the Turkish economy are no different than attacking the adhan and the flag,"...

Bundesbank chair: Turkey currency crisis to have limited impact on German banks

The currency crisis in Turkey will have limited impact on German banks, given improvements in the overall resilience of financial systems, the head of...

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