FrontPage Magazine | A Leader Shows Vulnerability in Turkey's Cash Crisis New York Times ISTANBUL — First, Prime Minister Recep Tayyip Erdogan criticized the bold move by Turkey's central bank this week to raise interest rates sharply to halt the decline in the country's currency, telling reporters that higher borrowing costs would lead ... Turkey purges hundreds more police over graft probe, media reports An Iranian lesson for Turkey Hollande visit lost in Turkey's political muddle |
Press TV | Turkey's once-worldly aims falter, even close allies concerned Fox News From a political perspective, defending Turkey's blend of political Islam and neoliberal economic policies was not terribly difficult a decade ago. After all, Prime Minister Recep Tayyip Erdogan helped build the 17th largest economy in the world and ... Turkey-Iran relations improving |
Madness on the Bosphorus The Economist He says their plans to destroy his government and Turkey are being carried out by disciples of his former ally and “bogus prophet”, Fethullah Gulen, a Pennsylvania-based Sunni Muslim cleric, who are embedded in the judiciary and the police. But to many ... |
Financial Post | Talking Troubled Turkey New York Times O.K., who ordered that? With everything else going on, the last thing we needed was a new economic crisis in a country already racked by political turmoil. True, the direct global spillovers from Turkey, with its Los Angeles-sized economy, won't be large. OPINION: A Turkey that is in fact a canary for the Middle East Krugman: Turkey's economic woes reflects global problem Krugman: Is the next global financial crisis on its way? |
RT (blog) | Keep on truckin': Turkey and Al Qaeda in Syria RT (blog) In view of Turkey's possible meddling in the “civil” war in neighboring Syria, news about a Turkish truck headed for the Syrian border appears rather uncomfortable for the ruling government in Ankara, already in the throes of a corruption scandal. In ... Turkey wakes up to blowback threat from Al Qaeda-linked fighters in Syria Al-Qaeda the biggest threat to Turkey and Syrian opposition US, Turkey realizes al-Qaeda threat in Syria – a bit late |
Plymouth Herald | Ferry crashes onto shore in Turkey Telegraph.co.uk ... between Dover and Calais for 22 years. It was then renamed Ostend Spirit and operated for another two years, travelling to and from Belgium. It was a dramatic end for the ferry, which finished its 24 years of service at a ship yard in Aliaga ... Dramatic crash footage: Ferry crashes onto shore in Turkey |
Forbes | The Limits Of Turkey's Interest Rate Hike Forbes With a dramatic hike in Turkey's overnight lending rate from 7.75 to 12.5 percent announced on Jan. 28, Turkish Central Bank Governor Erdem Basci followed through on his earlier promise to use interest rates as a weapon to defend Turkey's currency, the ... Investors left guessing as Turkey rules out capital controls Turkey, South Africa hike rates to stabilize currency Turkey: What's going on and why you should care |
Propane Shortage Also Impacting Turkey Farms CBS Local MINNEAPOLIS (WCCO) — The winter's propane shortage isn't just affecting homeowners. Animals are being impacted, too. Minnesota is the No. 1 turkey producer in the nation. And every winter, turkey farmers go through thousands of gallons of propane to ... |
Emerging markets beyond Turkey face stormy skies Financial Times The decision late on Tuesday night by the Central Bank of Turkey to increase interest rates substantially has taken many observers by surprise. Yet there was no other way to stem the decline in the currency and alleviate the threat of a damaging exodus ... Turkey? Argentina? Save your worry for China Investing In Mexico Is Not Like Investing In Turkey Record Cash Leaves Emerging Market ETFs on Lira Drop |
Bloomberg | Turkey Rate Increase Stems Lira Decline as Basci Defies Erdogan Bloomberg “The immediate knee-jerk reaction last night was that the Central Bank of Turkey had in some sense passed an important test,” David Simmonds, the head of currency and emerging-markets strategy at Royal Bank of Scotland Group Plc in London, said in an ... |