Black Sea Grain Initiative to be extended 120 days

Black Sea Grain Initiative to be extended 120 days

Turkish President Tayyip Erdoğan announced that the Black Sea Grain Initiative, signed by Russia and Ukraine...
“CBRT not successful in curbing inflation”: The Governor

“CBRT not successful in curbing inflation”: The Governor

The Central Bank of the Turkish Republic’s (CBRT) "fight against inflation cannot be considered very successful,"...
How the US Senate lifted F-16 sale restrictions on Turkey?

How the US Senate lifted F-16 sale restrictions on Turkey?

The US Senate dropped the amendment to the 2023 National Defense Authorisation Act (NDAA) restricting the...
Nettlesome PPP guarantees should be revised

Nettlesome PPP guarantees should be revised

Within the framework of the public-private partnership (PPP) model, income guarantees, which impose a significant burden...
New EU sanctions on Russia: Bad news for Turkish economy

New EU sanctions on Russia: Bad news for Turkish economy

The 8th sanctions package against Russia that will most likely be accepted at the European Union...
CBRT cuts policy rate 100 basis points to 12 percent

CBRT cuts policy rate 100 basis points to 12 percent

The Central Bank of the Turkish Republic (CBRT) lowered the policy rate further 100 basis points...
Russia – Turkey reached a deal on Akkuyu Nuclear Power Plant

Russia – Turkey reached a deal on Akkuyu Nuclear Power Plant

Turkey and Russia reached a deal over the disputed Akkuyu Nuclear Power Plant project to be...
Turkey’s unemployment figures are misleading, just like inflation

Turkey’s unemployment figures are misleading, just like inflation

On September 12, two essential data for July were announced: Labor force and balance of payments....
Why Akkuyu Nuclear Plant project report is not out yet?

Why Akkuyu Nuclear Plant project report is not out yet?

When the construction of Akkuyu Nuclear Power Plant, which the Russians were building in Turkey, came...
Turkey’s inflation continues to surge: 80 percent

Turkey’s inflation continues to surge: 80 percent

Turkey’s inflation continues to rise as the data published by the Turkish Statistical Institute (TURKSTAT) the...
Turkish Minister dismisses US warnings on Russia sanctions

Turkish Minister dismisses US warnings on Russia sanctions

Turkey's Finance and Treasury Minister Nureddin Nebati told industrialist and business circles on Aug. 26 that...
CBRT’s policy rate cut: Pointless move that brings no economic gain

CBRT’s policy rate cut: Pointless move that brings no economic gain

The Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee (PPK) convened on August...
CBRT lowered policy rate further to 13 percent amid surging inflation

CBRT lowered policy rate further to 13 percent amid surging inflation

The Central Bank of the Turkish Republic (CBRT) lowered the policy rate from 14 percent to...
Türkiye’s inflation surge to 79 percent, breaking a new record

Türkiye’s inflation surge to 79 percent, breaking a new record

Turkish inflation keeps soaring as the latest data announced by the Turkish Statistical Institute (TÜİK) indicate...
The first ship sales from Ukraine after grain deal

The first ship sales from Ukraine after grain deal

The cargo ship carrying 26 thousand tonnes of corn left Ukraine’s port of Odesa on Aug....
Putin took a hold of Akkuyu NPP before Erdoğan’s visit

Putin took a hold of Akkuyu NPP before Erdoğan’s visit

Do you know what would have happened if Russia’s Rosatom, the Akkuyu Nuclear Power Plant’s subsidiary,...
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  • in Politics

    Turkish Defence Minister at Syria border to urge U.S. for prompt joint action

    Turkish Defence Minister Hulusi Akar has paid an unscheduled visit to the built-up Turkish troops in Şanlıurfa at Syria border on August 16 with Chief of Joint Staff General Yaşar Güler and force commanders. The obvious aim of the visit is to supervise the process of establishing a Joint Operation Centre with the U.S. forces...
  • in Politics

    Turkey asks U.S. to revoke its F-35 removal decision to avoid “irreparable damage” in ties.

    A Pentagon announcement was made on July 17 about removing Turkey from the F-35 fighter jet program because of Turkey’s purchase of Russian S-400 missiles. The Turkish Foreign Ministry issued a strong statement in response, in the later hours, asking the U.S. to revoke the decision “which will ...
  • in Politics

    More U.S. sanctions might further push Turkey toward Russia

    The Turkish service of the Russian Sputnik channel ended the political show of three Turkish journalists on July 19, a day after they interviewed Ahmet Davutoğlu, the former prime minister of President Tayyip Erdoğan’s Justice and Development Party (AKP) but now one of the in-house dissidents in preparations of a new party. Ironically, when asked...
  • in Politics

    Russian missiles separate NATO allies U.S. and Turkey

    What would President Trump ask from Turkish President Tayyip Erdoğan if he were allowed to ask for one thing only? An American official talking to a group of Turks on condition of anonymity recently asked that rhetorical question and continued without waiting for the Turks to answer: it would be to cancel the Russian S-400...
  • in Politics

    Erdoğan brings up desperate measures to stop Turkish opposition candidate

    KONDA, one of Turkey’s leading polling companies, has recently claimed that Ekrem İmamoğlu, the opposition Republican People’s Party’s (CHP) candidate for the Istanbul might get far ahead of ruling Justice and Development Party (AKP) Binali Yıldırım by up to 8 points on the municipal election re-run on June 23. After the results were released and...
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