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Turkey cuts policy rate
Foreign investors bet on Turkey, drawn by rate cuts, easing inflation
Foreign investors are flocking to Turkey's local debt markets, saying they are impressed by interest rate cuts and easing inflation and are hoping that a regional transformation could further boost their bets on the economy.
Turkey delivers another 250bp rate cut in line with expectations
By Akin Nazli in Belgrade The monetary policy committee (MPC) of Turkey’s central bank on January 23 cut its policy rate by 250bp to 45% in line with market expectations (chart). On December 26, the authority launched the ongoing rate-cutting cycle with a 250bp cut.
Turkey cuts policy rate after indicators point to an increase in inflation
Turkey's central bank has lowered its policy rate by 250 basis points to 45% from 47.5%, according to a Thursday, January 23, statement. "While the underlying trend of inflation decreased in December,
2d
Fire tears through Turkey ski resort hotel, killing at least 76 people and injuring dozens more
Witnesses say guests at a ski resort hotel in Turkey tried to escape a deadly fire with ropes and sheets hung from windows.
Daily Jang
2h
Turkey apartment building tragedy claims life of young woman
An apartment building collapsed in central Turkey, claiming the life of a young woman stuck in the building.As per Associated ...
21h
Italy's Leonardo, Turkey's Baykar to sign partnership for unmanned systems, says source
Italian defence and aerospace group Leonardo is about to enter into a partnership with Turkish drone maker Baykar for ...
2d
on MSN
Turkey's central bank lowers benchmark interest rate to 45%
Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 45% on Thursday, in its second rate cut in as ...
1d
OnlyFans model arrested in Turkey after vowing to sleep with 100 men in one day
An OnlyFans model was arrested in Turkey for announcing her plans to set a record for sleeping with more than 100 men in 24 hours. Azranur AV, whose real name is Ezra Vandan, was charged with ...
The Economist
4d
How Turkey plans to expand its influence in the new Syria
No country has as much to gain from a stable Syria as Turkey, and few have as much to lose if it implodes. Turkey is home to ...
3d
on MSN
At least 76 people killed in a hotel fire at a ski resort in Turkey
Officials in Turkey say that a fire has raged through a 12-story hotel at a popular ski resort in the northwestern part of ...
Hosted on MSN
23h
Pamukkale: Turkey's 'cotton castle' of white limestone that inspired an ancient cult
The Pamukkale travertines are limestone slopes and thermal water pools that have attracted visitors since before the days of ...
2d
on MSN
Turkey mourns hotel fire dead as efforts to identify them continue
A day of mourning is under way in Turkey for the 79 victims of a fire that engulfed a popular ski resort hotel in the country ...
9h
Apartment building collapses in central Turkey, trapping 2 people
Officials say rescuers are battling to reach two people trapped under a collapsed apartment building in central Turkey ...
1d
Meet Bob: The turkey causing traffic trouble in Wellesley
A wild turkey causes a commotion in Wellesley, a woman gets stuck in a car wash in Norwood, and other odd tales from local ...
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