Turkish economy

Environmental problems provoke protests on all fronts in Turkey

The Justice and Development Party government’s policy of ignoring environmental concerns cause tensions in Turkey.

Turkey

Has Turkey’s policy on Syrian refugees started to backfire?

The Syrian refugee question is set to pose a major political headache for Erdogan in the coming period.

Syria

Turkey removes Arabic shop signs as refugee problem simmers

Arabic shopfronts have fallen prey to growing popular resentment over Syrian refugees in Turkey, fueled by the country’s economic downturn and cultural wars.

Syria

Ankara goes on risky quest to cut interest rates

Bent on lowering interest rates, Turkey’s president took the extreme step of ousting the central bank governor, but his insistence on rate cuts is fraught with risks that could fan fresh economic turmoil.

Turkey

Former economy czar’s resignation from Turkey’s ruling AKP sparks talk of rival party

Ali Babacan resigned from Turkey's ruling Justice and Development Party, unleashing a fresh wave of speculation that he might form a rival center-right party.

Turkey

Iraq throws Turkey curveball in bilateral trade

Baghdad’s recent restrictions on imported goods have badly bruised Turkey’s food exporters, calling into question the target of $20 billion in bilateral trade.

Iraq

Ankara’s economic tasks grow tougher after election rout

Reeling from a crushing defeat in a critical election rerun, Turkey’s government faces an uphill track in efforts to fix the economy, littered with major political risks, both at home and abroad.

Turkey

Turkey’s car-making sector sputters amid economic downturn

Turkey’s automotive sector, which holds a 1.5% share in global automotive production, is struggling on an uphill track, hit by domestic economic woes and unfavorable external factors.

Turkey

Turkey squeezed between Russia, US in Syria

Turkey, pressed between Russia and the United States, is headed toward a foreign policy crash in addition to an economic one.

Syria

Turkey grapples with big trade deficit with China

Amid Washington’s trade war on China, Ankara is also grumbling about a massive trade gap with Beijing, but a number of factors stand in Turkey's way to resolve the deficit.

Turkey

Campaign for Istanbul do-over election underway

Opposition candidate Ekrem Imamoglu, who narrowly won election as the city’s mayor in March, begins his campaign anew after electoral officials revoked his mandate this week. The ruling party says a rerun election will provide clarity after a bitterly disputed vote.

Turkey

Losses of Turkey’s construction sector foisted on taxpayers

Turkey has created a special fund to salvage debt-ridden construction companies, many of them government cronies, while relieving banks from bad loans, but the rescue operation is bound to put further burden on public finances and thus taxpayers.

Turkey