Business Standard

Page 4 - Turkey

Turkey issues travel warning for Ukraine amid escalating tensions

Turkey recently has stepped up for acting as a mediator between Ukraine and Russia to sustain peace in the region.

Turkey issues travel warning for Ukraine amid escalating tensions
Updated On : 13 Feb 2022 | 7:37 AM IST

Turkey lowers taxes on basic foods in an attempt to fight high inflation

Erdogan said, in addition to the tax discount, the government expects food companies to lower their prices by 7%

Turkey lowers taxes on basic foods in an attempt to fight high inflation
Updated On : 12 Feb 2022 | 8:57 PM IST

Negotiations with Taliban planned in Norway, Turkey soon: Reports

Taliban took control of Kabul last year in mid-August.

Negotiations with Taliban planned in Norway, Turkey soon: Reports
Updated On : 11 Feb 2022 | 6:42 AM IST

Turkey's President Erdogan tests positive for Covid-19, symptoms mild

'We will continue our work at home. We look forward to your prayers,' tweets Erdogan

Turkey's President Erdogan tests positive for Covid-19, symptoms mild
Updated On : 05 Feb 2022 | 7:26 PM IST

Inflation in Turkey hits record 48.7% following interest rate cuts

Consumer price inflation surged for an eighth straight month to reach an annual 48.7%, the highest since April 2002 and up sharply from 36.1% in December

Inflation in Turkey hits record 48.7% following interest rate cuts
Updated On : 03 Feb 2022 | 2:13 PM IST

Turkish warplanes hit Kurdish militant targets in Iraq, Syria,: Ministry

All the planes taking part in the operation, which it said targeted the areas of Derik, Sincar and Karacak, subsequently returned to their bases

Turkish warplanes hit Kurdish militant targets in Iraq, Syria,: Ministry
Updated On : 02 Feb 2022 | 10:50 AM IST

Erdogan says interest rates will be lowered and inflation will fall too

Turkey saw December inflation soar to its highest level in Erdogan's 19-year rule

Erdogan says interest rates will be lowered and inflation will fall too
Updated On : 29 Jan 2022 | 8:53 PM IST

Largest-ever power cuts hit Turkey's industrial production: Report

The government has imposed three days of power outages a week in the country's hundreds of organised industrial zones

Largest-ever power cuts hit Turkey's industrial production: Report
Updated On : 25 Jan 2022 | 12:09 AM IST

Key Iraq oil pipeline resumes operation following explosion in Turkey

A pipeline that carries oil from Iraq to world markets resumed operating Wednesday after an explosion in southeastern Turkey forced it to shut down for several hours.

Key Iraq oil pipeline resumes operation following explosion in Turkey
Updated On : 19 Jan 2022 | 6:48 PM IST

Explosion in Turkey shuts down key pipeline carrying oil from Iraq

An explosion has shut down a pipeline in southeastern Turkey that carries oil from Iraq to world markets, officials and news reports said.

Explosion in Turkey shuts down key pipeline carrying oil from Iraq
Updated On : 19 Jan 2022 | 2:15 PM IST

Oil rises to 7-year high as Turkey outage adds to tight supply outlook

Oil prices rose for a fourth day to a seven-year high as an outage on a pipeline from Iraq to Turkey increased concerns about an already tight supply outlook

Oil rises to 7-year high as Turkey outage adds to tight supply outlook
Updated On : 19 Jan 2022 | 8:53 AM IST

Turkey's Erdogan pledges to reduce inflation to single-digit level

Erdogan said they will increase salaries for civil servants by 30.5 per cent and they will ensure an inflation level-based increase in the pensions of the retired citizens

Turkey's Erdogan pledges to reduce inflation to single-digit level
Updated On : 04 Jan 2022 | 3:02 PM IST

Inflation in Turkey surges 36% in December amid Lira crisis

Annual CPI rose to a 19-year high in December due to President Erdogan's push for cheaper borrowing

Inflation in Turkey surges 36% in December amid Lira crisis
Updated On : 03 Jan 2022 | 10:20 PM IST

Turkey's inflation hits a 19-year high of 36% as purchasing power erodes

The yearly inflation rate was the highest since September 2002

Turkey's inflation hits a 19-year high of 36% as purchasing power erodes
Updated On : 03 Jan 2022 | 4:00 PM IST

Turkey rolls out local Covid-19 vaccine amid surge in Omicron cases

Turkey has started to roll out its first locally developed Covid-19 vaccine Turkovac, while the Omicron variant becomes widespread across the country.

Turkey rolls out local Covid-19 vaccine amid surge in Omicron cases
Updated On : 31 Dec 2021 | 8:28 AM IST

Turkey, Qatar enters into deal with Taliban on running airport of Kabul

Turkey and Qatar have entered into an agreement with the Taliban on the management over the international airport of Kabul and four other airports in Afghanistan

Turkey, Qatar enters into deal with Taliban on running airport of Kabul
Updated On : 25 Dec 2021 | 8:01 AM IST

Turkey, Qatar to discuss Kabul airport plans with Taliban

Turkey has long expressed willingness to continue to run the airport, which is a main gateway for landlocked Afghanistan

Turkey, Qatar to discuss Kabul airport plans with Taliban
Updated On : 23 Dec 2021 | 10:17 PM IST

Lira mounts historic 25% rally as Erdogan moves to protect savings

Erdogan introduced a series of steps late on Monday that he said will ease the burden of a weakened currency on Turks

Lira mounts historic 25% rally as Erdogan moves to protect savings
Updated On : 22 Dec 2021 | 12:22 AM IST

Turkey's hidden rate hike buys Erdogan time but raises risks

The Turkish currency had lost more than 50% of its value against the dollar since September as President Recep Tayyip Erdogan leaned on the central bank to slash borrowing costs

Turkey's hidden rate hike buys Erdogan time but raises risks
Updated On : 21 Dec 2021 | 7:22 PM IST

Islam seeks lower rates, says Recep Tayyip Erdogan; lira slumps

For a second time in a month, Erdogan invoked religion to justify the current monetary stance

Islam seeks lower rates, says Recep Tayyip Erdogan; lira slumps
Updated On : 21 Dec 2021 | 1:05 AM IST