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Turkey cuts policy rate
Foreign investors bet on Turkey, drawn by rate cuts, easing inflation
Foreign investors are flocking to Turkey's local debt markets, saying they are impressed by interest rate cuts and easing inflation and are hoping that a regional transformation could further boost their bets on the economy.
Turkey Central Bank Cuts Rates Again as Inflation Cools
The central bank reduced its one-week repo rate to 45% from 47.5% as a cycle of higher borrowing costs bore fruit in cooler price rises.
Turkey cuts policy rate after indicators point to an increase in inflation
Turkey's central bank has lowered its policy rate by 250 basis points to 45% from 47.5%, according to a Thursday, January 23, statement. "While the underlying trend of inflation decreased in December,
7h
Italy's Leonardo, Turkey's Baykar to sign partnership for unmanned systems, says source
Italian defence and aerospace group Leonardo is about to enter into a partnership with Turkish drone maker Baykar for ...
2d
on MSN
At least 76 people killed in a hotel fire at a ski resort in Turkey
Officials in Turkey say that a fire has raged through a 12-story hotel at a popular ski resort in the northwestern part of ...
18h
OnlyFans model arrested in Turkey after vowing to sleep with 100 men in one day
An OnlyFans model was arrested in Turkey for announcing her plans to set a record for sleeping with more than 100 men in 24 hours. Azranur AV, whose real name is Ezra Vandan, was charged with ...
2d
on MSN
Turkey detains 11 over ski resort hotel fire that killed 79
Turkey has detained 11 people as part of an investigation into a fire that killed 79 people and injured dozens at a ski ...
1d
on MSN
Turkey's central bank lowers benchmark interest rate to 45%
Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 45% on Thursday, in its second rate cut in as ...
2d
on MSN
Turkey mourns hotel fire dead as efforts to identify them continue
A day of mourning is under way in Turkey for the 76 victims of a fire that engulfed a popular ski resort hotel in the country ...
Global Voices Online
19h
In Turkey a fire at a skiing resort hotel once again highlights a history of negligence
Other experts who spoke to the media explained that, given the death toll, the likelihood of the hotel having properly ...
Outdoor News
2h
Public asked to help with Pennsylvania Game Commission’s winter turkey sighting survey
Among other things, visitors to the webpage are asked to provide the date of the sighting, the location, and the type of land ...
2d
on MSN
Dozens killed as fire breaks out at ski resort hotel in northwestern Turkey
Dozens of people were killed after a fire ripped through a ski resort hotel in northwestern Turkey on Tuesday, forcing ...
14h
Meet Bob: The turkey causing traffic trouble in Wellesley
A wild turkey causes a commotion in Wellesley, a woman gets stuck in a car wash in Norwood, and other odd tales from local ...
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