Edition:
United Kingdom

Ali Kucukgocmen

Turkey's sole communist mayor promises small steps to socialism

23 Apr 2019

TUNCELI, Turkey Capitalism is too firmly entrenched in Turkey to be uprooted overnight, according to the country's sole communist mayor, but small steps to create local jobs and promote cooperative farming can help nudge it along "the path to socialism".

Turkey's sole communist mayor promises small steps to socialism

23 Apr 2019

TUNCELI, Turkey Capitalism is too firmly entrenched in Turkey to be uprooted overnight, according to the country's sole communist mayor, but small steps to create local jobs and promote cooperative farming can help nudge it along "the path to socialism".

Turkish opposition takes control of Istanbul, re-run appeal still pending

17 Apr 2019

ISTANBUL/ANKARA Turkey's main opposition candidate took office as Istanbul mayor on Wednesday after a stunning victory over President Tayyip Erdogan's AK Party, but the new head of the country's largest city still faces an appeal for the vote to be re-run.

Turkish lira hit by dwindling FX reserves, confidence

11 Apr 2019

ISTANBUL, April 11 Turkey's lira dipped to its weakest level in more than two weeks on Thursday on concerns over the country's dwindling net reserves, with disappointment over an economic reform plan and local election uncertainty also weighing on sentiment.

Turkish court acquits HSBC Turkey CEO of insulting President Erdogan

11 Apr 2019

ISTANBUL A Turkish court on Thursday acquitted HSBC Turkey chief executive Selim Kervanci of a charge of insulting President Tayyip Erdogan by retweeting a video on social media at the time of nationwide protests in 2013.

Turkey's Erdogan calls for annulment of Istanbul election

10 Apr 2019

ISTANBUL Turkish President Tayyip Erdogan has said electoral authorities should annul Istanbul's local elections due to irregularities, notably over the appointment of ballot box officials, the pro-government Sabah newspaper reported on Wednesday.

Turkey to inject $4.9 billion into state banks in economy reform package

10 Apr 2019

ISTANBUL Turkey pledged on Wednesday to boost the capital level of banks and relieve bad debts in a sector left reeling by last year's currency crisis, as the country moved to revive an economy plagued by inflation and recession.

Turkish election board rejects recount call in 31 Istanbul districts

09 Apr 2019

ISTANBUL Turkey's High Election Board has rejected a request by President Tayyip Erdogan's AK Party to recount all votes in 31 Istanbul districts, a board member said on Tuesday, but the party vowed to challenge the decision.

RPT-Erdogan's election setback dents hopes for big economic reforms in Turkey

08 Apr 2019

* Investors want longer-term commitments to stabilise economy

Erdogan's election setback dents hopes for big reforms in Turkey

08 Apr 2019

ISTANBUL President Tayyip Erdogan's losses in local elections have dented investors' hopes that Turkey will adopt painful reforms they say are needed to stabilise the economy as he moves to shore up his political base.

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