Turkey cuts interest rates again despite 80% inflation

The number of Russian tourists to Europe decreased significantly during the summer, but increased in several other destinations, including Turkey (here). Onur Dogeman | soba pictures | Light Rocket | Getty Images Turkey’s central bank surprised markets once again with its decision on Thursday to cut its key interest rate, despite the country’s inflation soaring … Read more

The project reveals the ancient genetic characteristics of Turkey

Market The results of the Genetics Project in Turkey were published in Science Journal, one of the world’s most prestigious scientific journals, in the form of three related articles on August 25 and 26. class=”cf”> For the project, Turkish anthropologist and Associate Professor Songul Alpaslan-Rudenberg studied the finds unearthed during 15-year archaeological excavations at Ilepinar … Read more

High inflation in Turkey warns of more losses for Gulf banks

A general view of Emirates NBD on January 3, 2017 in Dubai, United Arab Emirates. Tom Dolat | Getty Images Dubai, United Arab Emirates – Banks dealing with Turkey have faced losses since the country’s currency began to decline sharply in 2018; Now, lenders in many of the oil-rich Gulf states in particular are set … Read more

Turkish pop star Gulesen arrested for pranking religious schools

The Turkish pop star’s arrest over her mockery of religious schools has been met with a harsh response from critics of the government who see it as bent on punishing those who oppose her conservative views. Pop singer Goulsen was imprisoned Thursday awaiting trial for inciting hatred after a pro-government media broadcast a video of … Read more