Turkey’s bid for BRICS both strategic and symbolic step, analysts say

Turkey’s bid for BRICS both strategic and symbolic step, analysts say

Turkish Foreign Minister Hakan Fidan attends the BRICS+ session on a two-day BRICS foreign ministers summit held in Nizhny Novgorod, Russia on June 11, 2024. Sefa Karacan | Anadolu | Getty Images Turkey’s request to join the BRICS alliance is a move seen as both strategic and symbolic as the Eurasian country of 85 million … Read more

Turkish markets are ‘on the verge of a renaissance moment,’ Citi says

Turkish markets are ‘on the verge of a renaissance moment,’ Citi says

Golden Horn and Bosphorus at sunset, Istanbul, Turkey Matteo Colombo | Digitalvision | Getty Images Investors who ran from Turkey in droves over the last several years may want to start heading back, the latest report from Citi on the country’s nascent signals. After more than half a decade of dramatically depreciating currency, burning through … Read more

Turkey’s Recep Tayyip Erdogan Meets Hamas Chief Ismail Haniyeh, Urges Palestinian Unity

Turkey’s Recep Tayyip Erdogan Meets Hamas Chief Ismail Haniyeh, Urges Palestinian Unity

Turkish President Recep Tayyip Erdogan held hours-long talks with Hamas chief Ismail Haniyeh in Istanbul Istanbul: Turkish President Recep Tayyip Erdogan urged Palestinians to unite amid Israel’s war in Gaza following hours-long talks with Hamas chief Ismail Haniyeh in Istanbul on Saturday, his office said.  Erdogan has failed to establish a foothold as a mediator … Read more

Turkey opposition stuns in local elections victory over Erdogan party

Turkey opposition stuns in local elections victory over Erdogan party

Istanbul Municipality Mayor Ekrem İmamoğlu speaks at the 19 May Commemoration of Atatürk, Youth and Sports Day celebrations held at the Maltepe Event Area on May 19, 2023 on Istanbul, Turkey.  Hakan Akgun | Getty Images Turkey’s opposition won a stunning victory across several major cities in the country’s local elections Sunday, dealing a severe … Read more

Turkey’s local elections — and whoever wins Istanbul — could dictate future

Turkey’s local elections — and whoever wins Istanbul — could dictate future

As the sunsets, a ferry boat glides across the waters of the Golden Horn with the Suleymaniye Mosque and the city of Istanbul, Turkey in the background.  Vw Pics | Universal Images Group | Getty Images Turkish President Recep Tayyip Erdogan once said that whoever wins Istanbul wins Turkey. If that’s the case, the stakes … Read more

Turkish President Erdogan Says March Elections Will Be His Last

Turkish President Erdogan Says March Elections Will Be His Last

The 70-year-old leader expressed confidence that his party would remain in power Istanbul: Turkey’s President Recep Tayyip Erdogan on Friday said that the country’s March local elections would be his last, suggesting an end to his more than two decades in power. It was the first time that Erdogan, who has been in power since … Read more

Amid War, Ukraine President Volodymyr Zelensky To Meet Recep Tayyip Erdogan In Turkey Today

Amid War, Ukraine President Volodymyr Zelensky To Meet Recep Tayyip Erdogan In Turkey Today

Volodymyr Zelensky last visited Turkey in July 2023 when he held lengthy talks with Erdogan. Kyiv: Ukrainian President Volodymyr Zelensky will visit Istanbul on Friday for talks with Turkish counterpart Recep Tayyip Erdogan on the war against Russia and Black Sea navigation, the Turkish presidency said. “The situation between Ukraine and Russia and the latest … Read more

Turkish lira hits fresh record low against the U.S. dollar

Turkish lira hits fresh record low against the U.S. dollar

Vanishing Turkish Currency: 1 Turkish Lira with the Portrait of Kemal AtatürkTurkish Manuel Augusto Moreno | Moment | Getty Images The Turkish lira hit a fresh record low against the U.S. dollar on Thursday, trading at 30.005 to the greenback just before noon local time. It marks the first time that the lira has broken … Read more