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Turkish economy

  • Thursday, 3 October, 2024
    Turkish inflation falls below 50% in boon to Erdoğan

    Slowest price growth in over a year comes after painful rate rises

    Shoppers walk through a bustling market in the Ulus district of Ankara, examining a wide variety of fruits and vegetables.
  • Thursday, 26 September, 2024
    Turkey raises $3.5bn in record international bond sale

    Investors strongly back Ankara’s plans to switch short-term debt for longer-term notes

    People walking along Istiklal Street in Istanbul, Turkey, with a red tram labeled "3 Taksim - Tünel" moving down the center of the street
  • Tuesday, 24 September, 2024
    Turkey plans 10-year dollar bond to push back looming debt maturities

    Ankara hires banks for ‘switch tender’ deal to exchange short-debt for longer-term note

    People walk through a bustling local bazaar in Izmir, Turkey, with various stores displaying clothing and other goods. A large Turkish national flag hangs prominently above the market.
  • Friday, 13 September, 2024
    Erdoğan courts big business to lure investors back to Turkey

    President once hostile to international financiers switches tack in planned New York meetings

    Turkish President Recep Tayyip Erdoğan
  • Thursday, 5 September, 2024
    UnhedgedRobert Armstrong
    Commodities and the soft landing Premium content

    And Turkish stocks’ wild ride

    Cranes unload imported iron ore from a cargo vessel at a port in Lianyungang, Jiangsu province, China
  • Monday, 2 September, 2024
    Turkey’s economic growth slows to weakest level since Covid crisis

    High interest rates meant to cool runaway inflation heaps pressure on businesses and households

    A vendor sits on a stool inside a spices and confectionary store with no customers at the Arasta Bazaar in Istanbul, Turkey. The store features brightly colored shelves filled with a variety of spices and sweets. The vendor is looking at his phone, with rows of jars, boxes, and piles of spices prominently displayed around him.
  • Friday, 30 August, 2024
    Turkey’s blazing stock rally falters with high rates luring savers away

    Istanbul index slides 8% as sweeping bid to rein in inflation ripples through markets

    A cashier counts 5 and 10 Turkish lira banknotes in Istanbul, Turkey
  • Tuesday, 27 August, 2024
    FT SeriesClamour for Africa
    Turkey’s expanding leverage in Africa

    Ankara has become a political broker on the continent through soft power initiatives, deeper trade ties and growing security alliances

    Sheikh Sharif Ahmed of Somalia and Recep Tayyip Erdoğan of Turkey
  • Wednesday, 7 August, 2024
    Turkey
    US warns Turkey of ‘consequences’ over military-linked exports to Russia

    Washington seeks more action from Ankara in curbing trade pivotal to Moscow war machine 

    Russia’s President Vladimir Putin meets Turkey’s President Recep Tayyip Erdogan
  • Wednesday, 31 July, 2024
    Inside BusinessAdam Samson
    Corporate Turkey’s patience in economic reboot wanes

    While a shift to a more rational strategy has support, the impact of moves to tame inflation are biting

    Shoppers at a market in Istanbul, Turkey
  • Wednesday, 24 July, 2024
    Turkey returns $5bn Saudi deposit in show of economic confidence

    Move underlines progress in country’s $1tn economy since pivot to more conventional monetary policy

    Mehmet Şimşek
  • Saturday, 20 July, 2024
    Traders pour billions of dollars into Turkish lira trade

    Hedge funds and investors lured by high interest rates, but flows could leave country vulnerable to a shift in sentiment

    Vendors and shoppers inside the Great Bazaar in Istanbul
  • Friday, 12 July, 2024
    Markets InsightGustavo Medeiros
    Turkey is back for emerging market investors

    There has been a marked change of signals from Ankara on economic management

    A man changes money at a currency exchange office in Istanbul, Turkey
  • Wednesday, 3 July, 2024
    Turkish inflation cools for first time in 8 months

    Consumer prices increase 71.6% in June in sign that Ankara’s pivot away from unconventional monetary policy is working

    A customer counts out Turkish lira banknotes to pay a vendor
  • Friday, 28 June, 2024
    Turkey
    Turkey removed from money laundering ‘grey list’

    FATF decision set to give international investors more confidence about country’s assets

    Picture of a hand counting Turkish lira notes
  • Tuesday, 4 June, 2024
    Turkey
    Erdoğan’s authority to fire Turkey’s central bankers ruled unconstitutional

    Top court strikes down president’s right to curtail tenures of bank governors

    Recep Tayyip Erdoğan
  • Monday, 3 June, 2024
    Turkish inflation hits 75% but minister says worst is over

    Annual consumer prices rose sharply in May as households continue to spend despite hefty interest rate increases

    A view of a bridge in Istanbul
  • Friday, 24 May, 2024
    News in-depthTurkey
    Turkish football’s season from hell points to deeper societal malaise

    Country’s dominant sport joins the ranks of those institutions in which the public has lost faith

    Security officers take action as a violence breaks out during a match between Fenerbahçe and Trabzonspor in March
  • Wednesday, 22 May, 2024
    Turkey’s inflation crisis rages a year into economic turnaround

    Consumer expectations of further high prices pose challenge for central bank in reining in price growth

    Montage of Erdogan in front of a background of lira notes and Turkey’s central bank forecast of a rapid inflation slowdown
  • Thursday, 2 May, 2024
    Israel-Hamas war
    Turkey halts trade with Israel over Gaza conflict

    Ankara demands more aid go to enclave before it will resume $7bn-a-year flows in sign of deepening tension

    President Recep Tayyip Erdoğan of Turkey
  • Tuesday, 30 April, 2024
    Turkey’s trade with Russia drops after US pressure

    US Treasury can hit Turkish banks with secondary sanctions if they are involved in exports used in Ukraine war

    A port in Istanbul
  • Sunday, 28 April, 2024
    Turkey
    Turkey in talks with ExxonMobil over multibillion-dollar LNG deal

    Ankara wants ‘new supply portfolio’ to make it less reliant on a single source, minister says

    A liquefied natural gas terminal in Tekirdağ, Turkey
  • Sunday, 21 April, 2024
    Turkish airlines and airports reap rewards from bet on pandemic recovery

    Rapid upgrades to infrastructure and fleets and buoyant tourism industry provide boost

    Turkish Airlines jet lands
  • Tuesday, 9 April, 2024
    Israel-Hamas war
    Turkey moves to restrict key exports to Israel

    Country’s trade ministry to curb export of 54 goods amid domestic pressure to show opposition to war in Gaza

    Ship-to-shore cranes and shipping containers at the commercial Port of Izmir, Turkey
  • Monday, 1 April, 2024
    Turkish elections
    Turkey’s opposition wins big cities in blow to Erdoğan

    President’s ruling party suffers severe setback in local elections as economic issues shift voter support

    Supporters of Istanbul’s incumbent mayor Ekrem İmamoğlu celebrate
Previous page You are on page 1 Next page

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