Fitch has cut Turkey's sovereign rating to junk level, becoming the last major rating agency to put the country under investment-level territory.
Fitch’s decision came...
In the midst of expectations of a Fitch downgrade of Turkey’s rating, another major rating agency, Standard and Poor’s (S&P), revised its outlook on...
As the Turkish lira plunged even further on Friday, Prime Minister Binali Yıldırım claimed the Gülen movement was responsible for the deterioration in the...
President Recep Tayyip Erdoğan on Tuesday called on Turkish banks to open up the “loan taps” to entrepreneurs or face the consequences.
Speaking at his...
The Turkish government on Thursday announced long-expected economic initiatives including the establishment of a $73 billion loan fund, but the stimulus plan has had...
