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Daren Butler

UPDATE 3-Turkey raises stir as philanthropist re-arrested after acquittal

19 Feb 2020

* Probe launched into judges who approved acquittals -media (Adds court order to detain Kavala late on Wednesday)

Volatile Turkish lira slips again after attempt to quell selloff

10 Feb 2020

ISTANBUL Turkey's lira slipped in volatile trade on Monday after new government limits on banks' foreign-exchange helped the currency briefly erase Friday's sharp losses before selling resumed.

Turkey hits back after Syrian shells kill Turkish troops

03 Feb 2020

ANKARA/ISTANBUL Turkey said on Monday its military hit dozens of Syrian government targets after eight Turkish military personnel were killed by shelling in Idlib in northwest Syria, where fighting threatens to test ties between Ankara and Moscow. | Video

Erdogan calls on Europe to support Turkey's moves in Libya - Politico

18 Jan 2020

ISTANBUL Turkish President Tayyip Erdogan has called on Europe to support its work in Libya, where it is providing military support to the internationally recognised government, if it wants to end the conflict there.

Turkish aid group says 120,000 fleeing attacks in Syria's Idlib

23 Dec 2019

ISTANBUL The number of Syrians fleeing attacks in the country's northwestern Idlib province and heading towards Turkey has reached 120,000, a Turkish aid group said on Monday, adding it was setting up a camp for some of those uprooted.

UPDATE 2-Turkish lira slides again after Ankara's latest intervention

19 Dec 2019

* Lira worst performer among EMs in December (Adds comment, graphic, details on interventions, GDP forecasts)

Turkey cuts rates 200 pts as aggressive easing cycle nears end

12 Dec 2019

ISTANBUL Turkey's central bank cut its policy rate by 200 basis points to 12% on Thursday, a bit more than expected, and suggested its aggressive easing cycle was nearing an end as inflation levels off and the economy emerges from recession.

UPDATE 2-Turkish cenbank to use required reserves for fine tuning in 2020

05 Dec 2019

ANKARA, Dec 5 The Turkish Central Bank will use required reserves "in an effective and flexible way" in 2020 as a fine tuning tool in addition to its main policy instrument of short term interest rates, the bank said on Thursday.

Turkish economy returns to growth, government eyes acceleration in 2020

02 Dec 2019

ISTANBUL Turkey's economy grew 0.9% year-on-year https://tmsnrt.rs/2P6vV18 in the third quarter, breaking three consecutive quarters of contraction as it shook off a recession which followed last year's currency crisis.

Turkey signs maritime boundaries deal with Libya amid exploration row

28 Nov 2019

ISTANBUL/ANKARA Libya's internationally recognised government and Turkey have signed an agreement on maritime boundaries in the Mediterranean Sea that could complicate Ankara's disputes over energy exploration with other countries.

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