Uber announces $200M technology center in Turkey: What to know The new site in Istanbul will join Uber’s other global tech centers located outside the United States in Brazil, India and the Netherlands. Turkey
Analysis Turkish Cypriot polls: Winner not Ankara’s pick but can aid Turkey Even though Ankara’s preferred candidate lost in Turkish Cypriot elections, the outcome could ironically work in Turkey’s favor. By Ezgi Akin In Ankara, reporting on diplomacy, EU-Turkey ties, NATO
Analysis Turkey strengthens defense, energy ties following Erdogan’s Gulf tour The Turkish president’s Gulf tour saw the signing of over a dozen agreements to strengthen military ties, diversify energy sources and expand economic partnerships amid regional instability. By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
Erdogan heads to Gulf as Turkey looks to ease energy dependence on Russia The Turkish president will visit Kuwait, Oman and Qatar to strengthen economic ties, boost regional diplomacy and sign a series of agreements. Turkey
Analysis Jet lag: Turkey weighs alternatives as US sanctions stall Kaan engine imports By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
Why Turkey is wooing Egypt How will improved relations between Cairo and Ankara boost bilateral trade and joint investment? A number of Egyptian businesspeople are keeping fingers crossed that easing tensions between the two Mediterranean countries will open up new opportunities. Egypt
Crisis-hit Turkey risks disastrous foreign investor flight Erdogan’s interference with the central bank is badly damaging foreign investor confidence in Turkey, threatening hard-currency crunches that could send the Turkish lira to new lows. Turkey
Turkish lira volatile after central bank deputy head removed Ten days after his appointment, Turkish central bank governor Sahap Kavcioglu sought to rebuild confidence in Turkey’s markets Tuesday following another shake-up in the bank’s top managers. Turkey
Did Erdogan commit economic suicide by sacking central bank chief? The predicaments of Turkey’s cash-strapped central bank augur a highly challenging period for Erdogan while reducing the visibility range in Turkey’s economy to almost zero. Turkey
Turkish markets rattled after surprise firing of central bank head Turkey’s lira and main stock index slid about 9% Monday as markets reacted to the surprise removal of the nation’s central bank chief amid broader political turmoil. Turkey
Turkey lifts veil on unemployment data, revealing bigger army of jobless A new, broader set of labor statistics has exposed a big gap between Turkey’s official unemployment rate and the actual joblessness in the crisis-hit country. Turkey
Pandemic, domestic woes dim Istanbul’s economic luster Istanbul’s economy is estimated to have shrunk about 3% last year, even as Turkey’s gross domestic product grew 1.8%. Turkey
Turkish inflation rises, raising expectations of further rate hikes Turkey’s inflation rate rose to 15.61% in February, marking the fifth month of consecutive increases and raising expectations for the central bank to introduce further rate hikes. Turkey
Turkey emerges with ‘Pyrrhic growth’ from pandemic-hit 2020 Turkey’s economy grew 1.8% last year despite the pandemic, but not without major risks and downsides, including a smaller GDP in terms of dollars. Turkey
Foreign debt risks hover over Turkish lira’s recovery Saddled with chunky foreign debt repayments in 2021, Turkey might face hefty borrowing costs and renewed currency jitters. Turkey
Turkish Central Bank holds interest rate steady As forecasted, Turkey’s Central Bank policymakers held a key interest rate steady Thursday, saying they would continue working to reel in the nation’s double-digit inflation. Turkey
Mountain of debt growing under the rug in Turkey Turkey’s loan expansion has helped resuscitate the economy, but at the expense of an alarming surge in consumer and corporate debt. Turkey
