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Earthquakes may dent but not halt Turkish tourism boom

Location:

TURKEY

Turkey’s tourism sector, which is an important source of foreign exchange, economic activity and employment, could have a record year in 2023. Foreign visitor arrivals could grow…

Iraqi oil output capacity could reach record levels

Location:

IRAQ

Some significant field development projects are moving ahead in 2018, especially in Kirkuk. There are further plans to award new exploration and development deals, as well as to…

Turkish markets will suffer fallout from failed coup

Location:

TURKEY

S&P is concerned that the political fallout from the failed July 15-16 military coup will make it more difficult for the country to meet its large external financing requirements…

More Syrians will go hungry, at home and abroad

Location:

SYRIA

Donors have over the past year sharply cut humanitarian assistance to Syrians both inside and outside the country, citing funding shortfalls and record levels of global need. Food…

Third COVID wave calls for caution from Erdogan

Location:

TURKEY

Throughout April, new cases have exceeded 40,000 per day. The surge, which followed the easing of containment measures in March, was the third and largest spike in COVID-19 cases…

Political pressure on Turkey's Central Bank will go on

Location:

TURKEY

The CBRT is expected to respond at its regular monthly interest rate-setting meeting to the fall in inflation in January to 7.2%. However, while the nearly 50% slide in oil…

Risks are high despite Turkey’s policy 'normalisation'

Location:

TURKEY

With the lira at a record low, the Central Bank continued to tighten monetary policy this week, funding the market through competitive one-month repo tenders at rates of around…

Low monetary credibility keeps strain on Turkish lira

Location:

TURKEY

The recovery from the record low of 4.93 on May 23 may reflect officials’ efforts to counteract President Recep Tayyip Erdogan’s disastrous interventions in Turkey’s economic…

Turkey-Turkmen-Iranian gas swap could move quickly

Location:

TURKEY/TURKMENISTAN

Europe is increasingly interested in accessing large Turkmen gas reserves, potentially via Turkey, which has reached agreements with Turkmenistan on possible swap deals via Iran…

Turkish gangster’s claims will shake politics further

Location:

TURKEY

In a stream of videos posted over four weeks, Peker has accused former and current political figures, some close to President Recep Tayyip Erdogan, of crimes including rape and…