Turkey increased the minimum wage by 27% for next year, broadly in line with inflation forecasts, in a sign policymakers remain committed to controlling price rises.
Turkey increased the minimum wage by 27% for next year, broadly in line with inflation forecasts, in a sign policymakers remain committed to controlling price rises.
A Turkish flag at the Grand Bazaar in Istanbul, Turkey. Photographer: Emre Caylak/Bloomberg
Turkey increased the minimum wage by 27% for next year, broadly in line with inflation forecasts, in a sign policymakers remain committed to controlling price rises.
Turkey increased the minimum wage by 27% for next year, broadly in line with inflation forecasts, in a sign policymakers remain committed to controlling price rises.
A Turkish flag at the Grand Bazaar in Istanbul, Turkey. Photographer: Emre Caylak/Bloomberg
Turkish officials are considering new measures to sharply raise the bar for retail investors seeking to pile cash into hedge funds after market upheaval last month, according to people familiar with the discussions.
Turkish officials are considering new measures to sharply raise the bar for retail investors seeking to pile cash into hedge funds after market upheaval last month, according to people familiar with the discussions.
Citigroup Inc. analysts said the Turkish central bank’s sizable interest-rate cut on Thursday begged for an explanation, warning the monetary authority had little room for policy missteps.
Citigroup Inc. analysts said the Turkish central bank’s sizable interest-rate cut on Thursday begged for an explanation, warning the monetary authority had little room for policy missteps.
Governor Fatih Karahan said on Friday that he expected inflation expectations among households to improve.
Turkey is closer to removing a Russian missile-defense system that’s been a source of tension with other NATO members and prevented it from being able to buy American F-35 stealth jets, according to a key ally of Donald Trump.
Turkey is closer to removing a Russian missile-defense system that’s been a source of tension with other NATO members and prevented it from being able to buy American F-35 stealth jets, according to a key ally of Donald Trump.
Former JPMorgan Chase & Co economist Murat Tasci has been appointed chief economist at the Turkish central bank, according to people with knowledge of the matter.
Former JPMorgan Chase & Co economist Murat Tasci has been appointed chief economist at the Turkish central bank, according to people with knowledge of the matter.
The headquarters of the Turkish central bank in Ankara. Photographer: Moe Zoyari/Bloomberg
Turkish lawmakers met with the imprisoned leader of the Kurdish militant group PKK, in rare direct talks that have split political opinion on how to advance the ongoing peace process.
Turkish lawmakers met with the imprisoned leader of the Kurdish militant group PKK, in rare direct talks that have split political opinion on how to advance the ongoing peace process.
TOPSHOT - Supporters display a poster depicting jailed leader of the Kurdistan Workers' Party (PKK) Abdullah Ocalan, 75, after he called on the Kurdistan Workers' Party (PKK) to disarm and dissolve itself in Diyarbakir, southeastern Turkey, on February 27, 2025. Abdullah Ocalan called on February 27, 2025 for his Kurdish militant group to lay down its weapons and dissolve itself in a landmark declaration read out in Istanbul. (Photo by Yasin AKGUL / AFP) (Photo by YASIN AKGUL/AFP via Getty Images)
Anmelden
