Don’t miss the latest developments in business and finance.

Erdogan

US President Joe Biden on Monday (local time) reaffirmed the readiness of America to provide any and all needed assistance to Turkey to recover from the devastating earthquakes.

Updated On: 07 Feb 2023 | 10:04 AM IST

'We may respond differently to Finland if necessary. Sweden would be shocked when we respond differently to Finland. But Finland should not make the same mistake'

Updated On: 30 Jan 2023 | 7:51 AM IST

Turkish President Recep Tayyip Erdogan on Sunday criticized Greece for allegedly violating a settlement that has governed relations between the rivals for nearly a century. In a statement released on the 99th anniversary of the Lausanne Treaty, Erdogan accused Athens of undermining the rights of the Muslim minority in Greece's Thrace region. Muslims in Thrace make up about 32% of the province's population and consist of ethnic Turks, Roma and Bulgarian-speaking Pomaks. The conditions registered in the treaty, especially the rights of the Turkish minority, have been ignored or deliberately eroded, the nationalist leader said. It is not possible for our country to accept this situation, which is incompatible with good neighbourly relations and loyalty to the treaty. The 1923 treaty was signed by the new Republic of Turkey to settle disputes with the Allies, including Greece, following World War I and the Turkish War of Independence. It outlined the rights of the remaining Muslim ...

Updated On: 24 Jul 2022 | 9:53 PM IST

Turkey's annual inflation surged to 78.62 per cent in June, the highest since 1998, the Turkish Statistical Institute announced on Monday.

Updated On: 05 Jul 2022 | 1:30 AM IST

Turkish President Recep Tayyip Erdogan confirmed Thursday that he plans to stand for reelection next year. Erdogan, 68, made the announcement during a speech in the Aegean coastal city of Izmir, where he challenged the main opposition party's leader, Kemal Kilicdaroglu, to announce the candidate who would challenge him on behalf of an alliance of opposition parties. (Recep) Tayyip Erdogan is the candidate of the People's Alliance, Erdogan said, referring to the between his Justice and Development Party and a nationalist party. If you have the courage, declare your candidacy or the candidate of the alliance. Turkey is scheduled to hold presidential and parliamentary elections by June 2023 at the latest. Erdogan has led the country for almost 20 years, first as prime minister and then as president. But support for him and the People's Alliance has steadily declined amid high inflation and a cost of living crisis. Kilicdaroglu led the opposition to victory in municipal elections in 2

Updated On: 09 Jun 2022 | 11:39 PM IST

Erdogan has been offering to mediate between Kyiv and Moscow and says Turkey wanted to keep good relations with both countries.

Updated On: 28 Feb 2022 | 8:25 AM IST

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

Updated On: 04 Jan 2022 | 3:02 PM IST

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

Updated On: 03 Jan 2022 | 10:20 PM IST

T N Ninan reads from another commentator's notes on one prime minister and observes how eerily similar they sound to the description of some others

Updated On: 24 Dec 2021 | 6:44 PM IST

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

Updated On: 21 Dec 2021 | 7:22 PM IST

It was the bank's fifth intervention in recent weeks to attempt to prop up the lira

Updated On: 17 Dec 2021 | 5:55 PM IST

Erdogan named Nureddin Nebati, who was deputy minister, to the post, according to an announcement published in the Official Gazette

Updated On: 03 Dec 2021 | 1:01 AM IST

Elvan was appointed to the post of finance minister in November 2020 following the resignation of Erdogan's son-in-law, Berat Albayrak, who previously held this post.

Updated On: 02 Dec 2021 | 7:16 AM IST

The lira weakened as much as 2.5% in early Asian trading amid thin liquidity on Monday, touching a new low for a third day.

Updated On: 25 Oct 2021 | 2:03 PM IST

The lira fell as much as 1.1% to a new record

Updated On: 14 Oct 2021 | 2:04 PM IST

He said the Taliban's reformist approach to issues such as women's rights would be taken into consideration in any future negotiations.

Updated On: 29 Aug 2021 | 8:39 PM IST

President Tayyip Erdogan removed a central bank deputy governor, Murat Cetinkaya, from his post on Tuesday

Updated On: 30 Mar 2021 | 3:55 PM IST

Erdogan's visit to Tunis came a month after Turkey and Libya signed two separate accords, one on maritime boundaries in the eastern Mediterranean and another on security and military cooperation

Updated On: 26 Dec 2019 | 1:31 AM IST

The two leaders were to hold several hours of meetings, including lunch, before giving a joint news conference

Updated On: 09 Dec 2019 | 8:50 PM IST

Trump has announced on Twitter that he "will totally destroy and obliterate the Economy of Turkey" if it "does anything that I, in my great and unmatched wisdom, consider to be off limits."

Updated On: 08 Oct 2019 | 8:23 AM IST