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Turkey
Turkey Bans Paying With Crypto Coins
From the end of this month, it is no longer allowed to make purchases with crypto coins in Turkey. The Turkish central bank warns against abuse.
CBRT, the Turkish central bank, bans (as a means of payment) crypto coins and other…
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The New Boss of the Turkish Central Bank Leaves Interest Rates Untouched
The Turkish central bank left interest rates unchanged on Thursday. New bank governor Şahap Kavcıoğlu did not give in to pressure from Turkish President Recep Tayyip Erdoğan, who would like to see interest rates cut.
Kavcıoğlu was…
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EU President is Sleeping Badly After Suffragette Von der Leyen
Charles Michel, the chairman of the council of EU government leaders, has been sleeping badly "out of shame" since Ursula von der Leyen, the European Commission president, was not given a suitable seat earlier this week when visiting the…
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Turkish Stock Market Fell Hard After the Lira Price Drop
The stock exchange in Istanbul fell sharply on Monday. The sharp fall in the price of the Turkish lira frightened investors.
The Turkish currency plummeted 15 percent against the US dollar after President Recep Tayyip Erdogan fired…
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EU Calls on Turkey to Uphold Women’s Rights Treaty
The European Union calls on Turkey to uphold the women's rights treaty cancelled by President Erdogan. "Violence against women is inadmissible.
Women deserve protection through solid legislation," said European Commission President…
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Turkish Economy Grew Last Year Despite the Corona Crisis
In the closing quarter of last year, the Turkish economy grew faster than any other country, except for China.
The Turkish economy also improved throughout 2020, despite the blow of the large disappearance of tourism due to the…
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Turkey Starts Anti-Dumping Case Against the EU and South Korea
Turkey has started a so-called anti-dumping case against imports of steel from the European Union and South Korea.
The Turks say they have found sufficient evidence that 'hot-rolled steel' has been dumped on the Turkish market.
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The Turkish Central Bank Has Sharply Increased Interest Rates in the Country
The Turkish central bank has sharply increased interest rates in the country. The primary interest rate went from 10.25 percent to 15 percent.
Shortly after the announcement, the Turkish currency gained significantly in value. The…
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