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Ali Kucukgocmen

Turkish central bank slows easing with modest interest rate cut

16 Jan 2020

ISTANBUL Turkey's central bank cut its key interest rate by 75 basis points to 11.25% on Thursday, in its most restrained move since it began easing in July, suggesting any further stimulus would be modest as the economy leaves a recession behind.

Close call as Turkey set to cut rates a bit more: Reuters poll

13 Jan 2020

ISTANBUL Economists are split between those predicting Turkey's central bank will cut rates this week and those who see no change at all, a Reuters poll showed on Monday, suggesting an aggressive easing cycle could be drawing to a close.

Factbox: Erdogan pushes 'crazy' Istanbul canal dream despite opposition

27 Dec 2019

ISTANBUL President Tayyip Erdogan has revived plans to dig a canal on the edge of Istanbul despite opposition from hundreds of petitioners and the city's new mayor against the kind of mega project that has come to define Turkey's economic boom and bust.

Factbox: Erdogan pushes 'crazy' Istanbul canal dream despite opposition

27 Dec 2019

ISTANBUL President Tayyip Erdogan has revived plans to dig a canal on the edge of Istanbul despite opposition from hundreds of petitioners and the city's new mayor against the kind of mega project that has come to define Turkey's economic boom and bust.

Factbox: Erdogan pushes 'crazy' Istanbul canal dream despite opposition

27 Dec 2019

ISTANBUL President Tayyip Erdogan has revived plans to dig a canal on the edge of Istanbul despite opposition from hundreds of petitioners and the city's new mayor against the kind of mega project that has come to define Turkey's economic boom and bust.

FACTBOX-Erdogan pushes 'crazy' Istanbul canal dream despite opposition

27 Dec 2019

ISTANBUL, Dec 27 President Tayyip Erdogan has revived plans to dig a canal on the edge of Istanbul despite opposition from hundreds of petitioners and the city's new mayor against the kind of mega project that has come to define Turkey's economic boom and bust.

Turkey's Erdogan discusses Libya ceasefire during surprise Tunisia trip

25 Dec 2019

ANKARA Turkish President Tayyip Erdogan paid a surprise visit to Tunisia on Wednesday to discuss cooperation for a possible ceasefire in neighbouring Libya, where Ankara supports the internationally recognised government. | Video

Turkey keeps businessman in jail despite European court release call

24 Dec 2019

SILIVRI, Turkey A Turkish court ruled on Tuesday that businessman and philanthropist Osman Kavala should be kept in jail despite a call for his release by the European Court of Human Rights, as a trial over his involvement in 2013 protests continued.

UPDATE 1-Turkey detains another pro-Kurdish mayor on suspected terrorism links

20 Dec 2019

ANKARA, Dec 20 Turkish authorities on Friday detained a mayor from the pro-Kurdish Peoples' Democratic Party (HDP) due to suspected links to Kurdish militants, a security source said, the latest in a crackdown on mayors from the party since elections this year.

UPDATE 2-Turkish industrial output rises for second month in a row in October

13 Dec 2019

ISTANBUL, Dec 13 Turkish industrial production https://tmsnrt.rs/32KbNrP rose for the second month in a row in October after a year of declines as the economy recovers from recession, though the expansion in output from a year earlier was lower than expected at 3.8%, official data showed on Friday.

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