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UPDATE 2-Turkish minister shrugs off lira volatility, sees economic contraction possible
* 2020 GDP may show between 1% growth and 2% contraction -Albayrak * Lira has tumbled as much as 19% against dollar this year *…
Turkey says it will license new Mediterranean areas this month
ANKARA (Reuters) – Turkey will issue seismic exploration and drilling licenses in new areas of the eastern Mediterranean by the end of August and continue…
Turkey's new seismic survey in Mediterranean set to revive Greek tensions
ISTANBUL (REUTERS) – Turkey’s navy has issued an advisory saying that the Turkish ship Oruc Reis will carry out a seismic survey in a disputed…
UPDATE 2-Ratings agencies warn Turkey it may need to hike rates
(Adds earlier Erdogan comment) By Tom Arnold LONDON, Aug 7 (Reuters) – Ratings agencies warned Turkey on Friday that it will likely have to hike…
Erdogan says Turkey restarted energy exploration in east Mediterranean
ISTANBUL (Reuters) – President Tayyip Erdogan said on Friday that Turkey had resumed energy exploration work in the eastern Mediterranean as Greece had not kept…
Lockdown sees Turkish women bear brunt of unpaid work: research
ISTANBUL (Reuters) – Turkish women did four times as much household and care work as men during lockdowns aimed at curbing the spread of the…
UPDATE 4-Turkish lira strain shows as London overnight rates soar
(Adds lira rally, Goldman, CDS, updates prices) By Ali Kucukgocmen, Nevzat Devranoglu and Jonathan Spicer ISTANBUL, Aug 4 (Reuters) – Interest rates on overnight swaps…
UAE official tells Turkey to stop meddling in Arab affairs over Libya
DUBAI (REUTERS) – The United Arab Emirates minister of state for foreign affairs said on Saturday (Aug 1) that Turkey should stop interfering in Arab…
Fresh lira slide rekindles crisis fears for Turkey
LONDON (Reuters) – Turkey’s lira is back in the spotlight. After two months of stability, the currency is testing the 7-per-dollar threshold and tumbling to…