Edition:
United Kingdom

Nevzat Devranoglu

Turkey's state banks help keep lira flat ahead of Pence visit

17 Oct 2019

ANKARA Turkey's lira was flat on Thursday as its state banks continued to squeeze offshore swap markets to support the currency, ahead of expected high-level U.S. talks in Ankara over the Turkish military incursion into northeastern Syria.

RPT-ANALYSIS-Turkey's incursion in Syria may leave its own economy wounded

11 Oct 2019

BEIRUT/ANKARA, Oct 10 One casualty of Turkey's military incursion into Syria may be its own recovery from recession after U.S. congressional leaders threatened sanctions that could hit the lira and harden Turkish distrust of Western allies.

Turkey's Erdogan lambasts critics of Syrian assault in fiery speech

10 Oct 2019

ANKARA President Tayyip Erdogan delivered a fiery defence of Turkey's military incursion into northeast Syria on Thursday, dismissing a chorus of global criticism and threatening to send more than 3 million Syrian refugees into Europe.

Turkey's incursion in Syria may leave its own economy wounded

10 Oct 2019

BEIRUT/ANKARA One casualty of Turkey's military incursion into Syria may be its own recovery from recession after U.S. congressional leaders threatened sanctions that could hit the lira and harden Turkish distrust of Western allies.

Turkey's Erdogan lambasts critics of Syrian assault in fiery speech

10 Oct 2019

ANKARA President Tayyip Erdogan delivered a fiery defence of Turkey's military incursion into northeast Syria on Thursday, dismissing a chorus of global criticism and threatening to send more than 3 million Syrian refugees into Europe.

Turkey's Erdogan lambasts critics of Syrian assault in fiery speech

10 Oct 2019

ANKARA President Tayyip Erdogan delivered a fiery defense of Turkey's military incursion into northeast Syria on Thursday, dismissing a chorus of global criticism and threatening to send more than 3 million Syrian refugees into Europe.

UPDATE 3-Turkish lira trims losses but worries over Syria persist

08 Oct 2019

ISTANBUL, Oct 8 Turkey's lira recovered on Tuesday after sinking to its weakest point in more than a month, helped by upbeat comments from President Donald Trump, but investors still worried about the fallout from Ankara's planned incursion in northeast Syria.

Erdogan says Turkey has no choice but go its own way on Syria 'safe zone'

01 Oct 2019

ANKARA Turkey has no choice but to act alone given too little progress has been made with the United States forming a "safe zone" in northeastern Syria, President Tayyip Erdogan said on Tuesday in his most direct indication of a cross-border offensive.

Turkey's inflation seen tumbling briefly to single digits in September: Reuters poll

30 Sep 2019

ANKARA Turkish inflation is expected to fall sharply in September to 9.6%, a Reuters poll showed on Monday, hitting single digits for the first time in more than two years thanks to a "base effect" after prices surged in the same month last year.

Turkey sees ambitious return to 5% growth next year

30 Sep 2019

ANKARA Turkey raised its economic growth forecast on Monday to an ambitious 5% for next year, and lowered its inflation outlook to 8.5%, as the government sketched out a relatively quick rebound from recession that manages not to stretch the budget.

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