Sept. 13 (Bloomberg) -- Turkey's central bank unexpectedly lowered its benchmark interest rate by a quarter point, the first cut for more than a year, on expectations a global economic slowdown will help ease pressure on inflation.
(RTTNews) - Thursday, Turkey's central bank cut its key overnight borrowing rate by a quarter point to 17.25% for the first time in 14 months. The Central Bank Governor Durmus Yilmaz said the August increase was a temporary development triggered by increases in grocery prices due to severe drought.
ANKARA, Sept 13 - Turkey plans to offer Tekel Cigarette for sale by tender in October, industry and government sources told Reuters on Thursday, the latest of several planned attempts to sell the tobacco firm.
With one foot in Europe and one foot in Asia, a group of a dozen Southern Illinois University Edwardsville students recently spent a month immersed in everyday life in Turkey.
ANKARA - Iran resumed its natural gas export to Turkey on Thursday after it was forced to cut supplies due to an explosion on the pipeline at the weekend, the Anatolia news agency reported.
MOSCOW, September 13 (RIA Novosti) - A baby born to Russian parents in Turkey during their holiday in the country is to stay in a Turkish clinic until the start of October, doctors said on Thursday.
Four Kurdish rebels were killed Wednesday in Turkey's southeastern province as violence between the military and separatist forces continues to rage.
Following a controversial sending-off for Hungary's Zoltan Gera, Turkey took control of their match against the visitors, running out eventual 3-0 winners. Despite the questionable nature of the red card that changed the game, Turkey coach Fatih Terim was defiant in victory...
On EUROBASKET2007.org, "Boris Diaw broke out of a recent slump to record a tournament high 18 points as France (3-2) beat Turkey (0-5) 85-64 in their final game of the qualifying round. The result didn't affect the fate of Claude Bergeaud's men who had already secured their place in the last eight and knew before the game that they would face Russia in the quarter-finals tomorrow night."
Turkey underlined their improvement in waterpolo when turning in a five-star performance to rout Malta 21-3 in a positional play-off. Sinan Kumcu's side were superior to the home team thanks to a combination of fast swimming, intelligent positional play and tactical discipline.