Turkey

Turkey has ordered state-owned Botas to reopen the oil terminal near the city of Ceyhan. Bloomberg reports this based on an official with knowledge of the matter. However, the terminal was shut down on Monday due to the severe…
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Turkish inflation cooled for the third consecutive month in January. While the cost of living in Turkey was nearly two-thirds higher last month than a year ago, the cooling boosts President Recep Tayyip Erdogan ahead of the presidential and…
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Eight rockets were fired at the Turkish army base of Zilkan in Ninawa province in northern Iraq on Wednesday. The anti-terror services of the Kurdish Autonomous Region report this. Two projectiles came down inside the base, but…
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Chinese online retailer Alibaba plans to build a logistics distribution centre near Istanbul Airport. The company also plans to build a large data centre near the Turkish capital Ankara. Alibaba president Michael Evans said this in…
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Russia is back in the agreement to export Ukrainian grain via the Black Sea. The Russian army confirmed this after an earlier announcement by Turkish President Recep Tayyip Erdogan that the export of Ukrainian grain via the humanitarian…
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Turkey's central bank has significantly raised its inflation forecast due to the higher cost of energy and other products that Turkey has to import. Central Bank Governor Sahap Kavcioglu now thinks inflation will be around 65.2 percent by…
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Turkish President Recep Tayyip Erdogan has agreed with his Russian counterpart Vladimir Putin to set up a natural gas hub in Turkey. The intention is that Europe can buy gas through this route, Erdogan told members of his AK party in the…
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Turkey's long-standing sky-high inflation rose further in September. The cost of living in the country is now 83.5 percent higher than a year ago; in August, the increase was over 80 percent. Currency depreciation in Turkey is at…
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