Turkish Lira Rallies After Central Bank Raises Rates
Turkish lira bounced back from historic low 4.90 to 4.55 against the U.S. dollar after the Central Bank raised benchmark lending rate from 13,5% to 16,5% following an emergency meeting on…
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Turkey’s Opposition Candidate Pledges to End Corruption, Write New Constitution
As Turkey’s economy shows signs of a crisis, corruption and nepotism emerge as the central elements upon which presidential candidate of main opposition Republican People’s Party (CHP) …
Turkey’s Economy Under Great Stress After Erdogan’s Monetary Remarks
A week after President Recep Tayyip Erdogan’s three-day visit to London to lure international investors, the Turkish economy shows signs of serious trouble, with its bonds sinking, and a…
Jailed Kurdish Candidate Vows to Bring Peace If Elected
“I’ll bring together a Turkish mother and a Kurdish mother who lost their sons during clashes and will ask their support for peace as my first action,” said Selahattin Demirtas, a candidate…
Opposition Candidate Slams Turkish Military Chief Over Political Role
Presidential candidate of main opposition Republican People’s Party (CHP) offered a swift rebuke to Turkish military chief Gen. Hulusi Akar over his mediation role between current President…
GOP Senator Floats Idea of Sanctions Against Turkey Over Pastor Trial
A Republican senator has said the U.S. needs to show to Turkey that Washington is “prepared to act in terms of sanctions” and suggested “rethinking relationship” with its NATO ally over the…
In Mass Display of Discontent, Turks Say Enough to Erdogan
Thousands of people vented their frustration with President Recep Tayyip Erdogan's administration, saying 'Enough' to his 16-year rule of Turkey in a mass display of discontent.
Since his…
Presidential Candidates Vying For Soul and Future of Turkey
As soon as main opposition Republican People's Party (CHP) officially announced its candidate for June 24 presidential elections on Friday, a cut-throat race for the soul and future of…
Turkey’s Secular Opposition to Name Muharrem Ince as Presidential Candidate
After weeks of searching for a strong figure, Turkey's secular main opposition Republican People's Party (CHP) is planning to name Muharrem Ince as the party's candidate to run in the…
In Major Media Trial, Turkish Court Acquits 20 Defendants of Coup Charges
A week after a Turkish court delivered prison sentences to Cumhuriyet daily staff members and journalists, another court reached verdicts about 20 reporters and workers of Feza Media Group,…