Uber announces $200M technology center in Turkey: What to know The new site in Istanbul will join Uber’s other global tech centers located outside the United States in Brazil, India and the Netherlands. Turkey
Analysis Turkish Cypriot polls: Winner not Ankara’s pick but can aid Turkey Even though Ankara’s preferred candidate lost in Turkish Cypriot elections, the outcome could ironically work in Turkey’s favor. By Ezgi Akin In Ankara, reporting on diplomacy, EU-Turkey ties, NATO
Analysis Turkey strengthens defense, energy ties following Erdogan’s Gulf tour The Turkish president’s Gulf tour saw the signing of over a dozen agreements to strengthen military ties, diversify energy sources and expand economic partnerships amid regional instability. By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
Erdogan heads to Gulf as Turkey looks to ease energy dependence on Russia The Turkish president will visit Kuwait, Oman and Qatar to strengthen economic ties, boost regional diplomacy and sign a series of agreements. Turkey
Analysis Jet lag: Turkey weighs alternatives as US sanctions stall Kaan engine imports By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
Can Erdogan pull up his sagging support? Unlike previous polls that suggest steady decrease for Erdogan and his ruling party, a recent poll shows the tide may have been turned. Turkey
Turkey’s Central Bank ducks soaring inflation to cut rates again Despite the highest inflation in 24 years, Turkey’s Central Bank has made its third interest cut ahead of elections next June. Turkey
Erdogan’s staunchest backers 'tired' of interest rate debate The Turkish president’s controversial economic policies have led to rare public criticism by a business group that has long backed his party. Turkey
Turkish inflation passes 83% as Erdogan eyes further rate cuts Despite a galloping inflation topping 83%, Turkish President Recep Tayyip Erdogan has doubled down on his controversial monetary policy, urging the central bank to cut its policy rate to single digits by the year-end. Turkey
Erdogan initiates economic gestures ahead of Turkey's critical elections Turkey’s president has stepped up economic pledges to the electorate ahead of next year’s polls, which loom as the toughest test of his two-decade rule. Turkey
Halt of Mir use deals blow to rising Putin-Erdogan cooperation The specter of Western sanctions could curb other economic activities between Turkey and Russia as the surging bilateral trade comes under growing scrutiny. Turkey
Erdogan looks to Putin to ease foreign currency woes An extraordinary uptick in capital flows of unknown origin to Turkey has left many wondering whether Russian money could be involved. Turkey
Despite ‘crypto winter,’ digital currency use remains high in Turkey Crypto is down, but not out for dedicated traders, particularly in high inflation markets like Turkey, where digital tokens continue to draw users looking to earn, save and transfer hard currencies. Turkey
Turkey’s inflation tops 80% as poverty deepens Even though Turkey’s economy continued to expand in the second quarter, the share of payments to employees dropped to the lowest level since Erdogan’s party came to power two decades ago. Turkey
Turkey’s 'covert' interest payments on course to exceed regular ones The cost of state safeguards in a deposit scheme meant to curb dollarization in Turkey has ballooned to alarming levels as the Turkish lira continues to tumble. Turkey
Analysis Turkey’s economic crisis coincides with new diplomatic initiatives Finding solutions: Turkey and the UN are pursuing diplomacy to end Ukraine war while Ankara is considering rapprochement with Syria and mending ties with Israel. By Week in Review
Money inflows of unknown origin headed for record in Turkey As Turkey’s current account deficit continues to widen in the coming months, foreign currency inflows of unknown origin might end up covering more than 70% of the gap. Turkey
