Turkey

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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Turkish Central Bank Top Executive has been fired and immediately replaced after the continued fall of the Turkish lira. The national currency has already depreciated more than 30 percent against the dollar this year, and the…
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Turkish President Erdogan has disregarded sanctions that the United States may impose for testing Russia's controversial S-400 missile defence system. "Whatever your sanctions are, don't hesitate to apply them," he said in a…
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The Turkish research vessel Oruc Reis returned on Sunday from a controversial mission near Crete. Tensions between Turkey and Greece have risen in recent weeks as the ship began investigating possible oil and gas reserves in the…
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US President Donald Trump is involved in the conflict between Greece and Turkey over the eastern Mediterranean. He has had telephone contact with Greek Prime Minister Kyriakos Mitsotakis and discussed the crisis, the office of the…
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Turkey will not compromise when it comes to the Eastern Mediterranean. Turkish President Tayyip Erdogan said this on Wednesday. He warned Greece not to take steps that could "ruin" the country. The two NATO countries are in the…
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Turkish President Erdogan has warned of the consequences if a Turkish research vessel is attacked in the Mediterranean. The Oruc Reis is looking for oil and gas there and, according to the Turkish leader, a "high price" will have…
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EU Parliament wants Sanctions against Turkey for North Syria Security Zone. The European Parliament calls on the Member States to impose sanctions and visa bans on Turkish officials responsible for human rights violations in northern Syria.…
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