Turkey's annual inflation hit a record high April 17, 2022 Turkey's central bank on Thursday brushed aside an inflation reading that has soared past 60 percent and kept its benchmark interest rat...
Turkey's inflation jumps over 60% in March April 04, 2022 Turkish inflation soared to a fresh two-decade high in March, leaving the lira increasingly vulnerable by depriving the currency of a buffer...
Turkey's Consumer Confidence hits record low December 22, 2021 Turkey’s currency crashed to an new all-time low against the dollar, driving prices higher, making imports, fuel and everyday goods more exp...
Ankara, Istanbul rise up against deteriorating economic situation December 13, 2021 Thousands marched through Istanbul on Sunday after trade unions denounced the rise of poverty in the country and called for an increase of t...
Turks are getting poorer, lining up for subsidized bread December 06, 2021 Threatened by a currency crisis, Turks are lining up for subsidized bread, cutting back on meat and fleeing for a better life in Europe. Th...
Turks exchange their liras for foreign currency as inflation accelerates December 01, 2021 Turkey’s beleaguered lira weakened by more than 8 percent to hit a record low of 13.96 per dollar late on Tuesday, losing about 45 percent o...
Turkish lira imperils Erdogan's rule November 20, 2021 A currency crisis is shaking Turkey’s economy, imperiling President Recep Tayyip Erdogan’s nearly two-decade-long grip on power and upending...
Turkey on the verge of devastating economic recession November 14, 2021 It's no secret that over the years, Turkish President Recep Tayyip Erdogan has made a political fortune back home by starting crises wit...
Turkish lira regains worst currency title of 2021 November 08, 2021 Turkey lives immersed in an economic devaluation crisis of the currency and inflation runaway to which, for the moment, the end seems to b...
Erdogan's hopes for re-election dashed by wrong policy October 21, 2021 Foreign home sales in Turkey, mainly to Iranians, Iraqis, Russians and Afghans, reached an all-time high of 6,630 last month, official data ...
Paranoiac Erdogan indulges in conspiracy illusions July 10, 2021 Turkey's president Ragab Tayyeb Erdogan has blamed the nation's economic woes on attacks he says were plotted internationally by for...
Turkey at risk of a financial crisis June 14, 2021 Turkey's foreign currency reserves plunged by 75% last year, raising concerns about a possible balance of payments crisis. The central b...