Turkish Inflation Outlook at Its Worst in 21 Years on Weak Lira
Turkey’s inflation outlook is worsening due to a weak currency, with a key survey by the country’s central
2023-08-18 17:29
Can Sweden’s Visionary Wood City Outrun Its Real Estate Crisis?
This article is part of the Bloomberg Green series Timber Town, which looks at the global rise of
2023-08-15 17:16
Turkish Inflation Surges More Than Forecast to End Long Slowdown
Turkish inflation ended its eight-month deceleration in July, putting it on track for a surge that the central
2023-08-03 15:29
Marathon Petroleum Q2 profit slumps 63% on lower refining margins
(Reuters) -U.S. refiner Marathon Petroleum Corp reported a 63% drop in second-quarter profit on Tuesday, as improved fuel supplies and
2023-08-01 18:48
Turkey Recasts ‘Top Gun’ to Give Its TV Soft Power a Harder Edge
Long willing to do battle across the Middle East, Turkey now also wants to win hearts and minds
2023-07-23 11:22
Turkey Hikes Fuel Tax by 200% to Finance Earthquake Damages
Turkey boosted its fuel taxes by almost 200% on Sunday, a move that will magnify inflationary pressures and
2023-07-16 17:16
Turkish State Banks Resume Supporting Lira as Rout Deepens
Turkey’s state-run banks re-entered the foreign-currency market on Monday, selling as much as $1 billion by midday to
2023-07-03 20:55
Lira Extends Slump as Simsek Emphasizes Free Market Principles
Turkey’s lira extended its slide from Thursday after Treasury and Finance Minister Mehmet Simsek emphasized that he favors
2023-06-23 15:18
Turkey Lira Becoming a ‘Realistic Investment’ Once More, T. Rowe Says
After years of avoiding investing in Turkey’s volatile currency, Leonard Kwan is looking to trade the lira once
2023-06-22 16:21
Turkey Hikes Wages Again in Move That May Add to Price Pressures
Turkey raised its minimum wage for a second time this year, potentially adding to inflationary pressures making the
2023-06-20 20:24
Turkey’s Simsek Signals Gradual Shift to Conventional Policy
Turkey’s Treasury and Finance Minister Mehmet Simsek has indicated he will take gradual steps in steering toward more
2023-06-19 23:47
UAE Lenders Fill Financing Void Left by Global Banks in Turkey
United Arab Emirates-based banks are increasing loans to their Turkish counterparts, filling a gap left by Western lenders
2023-06-15 17:20