U.S. to sanction Turkey over missile spat
The White House has reportedly settled on a sanctions package to punish Turkey for receiving parts of a Russian missile defense system. We learned that the U.S. is preparing to announce them later this week. But the expectation among lira traders is that the economic impact will be minimum.
Turkey fires central bank chief as economic crisis endures
No reason was given for Murat Cetinkaya's sacking, but the governor had been loath to cut the interest rate from 24%. Over the past year, Turkey has faced skyrocketing inflation as a result of a debt and currency crisis.
US sets Turkey deadline to give up Russian missile deal
Turkey has until July 31 to "unwind" a deal to buy an S-400 missile defense system from Russia, the US has warned. The ongoing dispute between the two NATO allies could reach breaking point.
Istanbul mayoral election centers on fight against corruption
Turkey's ruling party has been accused of using Istanbul city funds to benefit business contacts and the president's family. Now an opposition candidate for mayor is vowing to put an end to the nepotism ― if he can win.
Prince William honors WWI dead in New Zealand on Anzac Day
Tens of thousands of people gathered in Australia, New Zealand, and Turkey to commemorate WWI soldiers killed at Gallipoli. UK Prince William marked the event in Auckland before heading to Christchurch.
Turkey: After election gains, Kurds fear Erdogan's reach
The HDP garnered good election results in Turkey's southeast. But the enthusiasm of the party's supporters is limited: They worry the ruling AKP could impose a government administrator on their communities once again.
Turkish authorities want Interpol arrest warrant for NBA basketball star Enes Kanter
Prosecutors in Turkey have requested an Interpol Red Notice for Enes Kanter, a basketball player for the New York Knicks, on the grounds of being involved in a terrorist organization. Kanter denies the charges.
Saudi Arabia, Turkey dell USD bonds
Saudi Arabia sold $7.5 billion of international bonds in the first test of how much damage of the Washington Post columnist Jamal Khashoggi has inflicted on investor appetite.