Turkey’s Economy Enters Recession, Pressuring Central Bank for Rate Cuts
Turkey’s GDP declined by 2.4% in the first quarter of 2019 after declining by 3% in the last quarter of 2018. Turkey entered into recession in the third quarter as…
Turkey’s GDP declined by 2.4% in the first quarter of 2019 after declining by 3% in the last quarter of 2018. Turkey entered into recession in the third quarter as…
e& is said to be majorly active in the financial service sectors that serve 90% of the top banks in Turkey. Telecom and technology company in the UAE, e&’s (Etisalat…
Since the beginning of the war in Ukraine, gas imports into the EU have significantly decreased. Azerbaijan’s significance has increased accordingly. One of the oldest oil booms in the world…
China’s banks are throttling payments for such transactions out of concern over US sanctions China firms use an alternate mode of payments to Russia, out of concerns over US sanctions.…
As Sweden prepares to join NATO, the alliance stands to gain a staunchly anti-Russian member with a formidable military capable of defending Europe’s northern flank. The decision to abandon decades…
The approval of Sweden’s NATO membership by the Turkey parliament was secured with 287 votes in favour, 55 against, and four abstentions following more than four hours of debate. In…
Turkey is set to raise its benchmark interest rate for the fifth consecutive time on Thursday as the country grapples with rising inflation, which is anticipated to approach 70% by…