tag Turkey economy

Erdogan Races Against the Dollar in Campaign for Unrivaled Power

EghtesadOnline: Turkish President Recep Tayyip Erdogan has lambasted friend and foe alike in a campaign for vast new powers, but his political fate may hang on the one thing he’s stopped carping about: the price of money.
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Publish Date:29/March/2017 | 13:30

Top 2017 Emerging EMEA Picks Are All Things Russia; Avoid Turkey

EghtesadOnline: Almost everybody loves Russia and wants to get as far away as possible from Turkey. That just about sums up investor sentiment toward the developing economies of Europe, the Middle East and Africa. Money managers’ top calls for next year are centered on markets where the political climate is improving and assets are less vulnerable to external shocks arising from higher U.S. borrowing costs and President-elect Donald Trump’s policy announcements.
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Publish Date:28/December/2016 | 14:57

Erdogan Says Turkey Faces ‘Economic Sabotage’ as Lira Plunges

EghtesadOnline: Turkish President Recep Tayyip Erdogan on Saturday said his political enemies are trying to sabotage the economy by speculating on the stock market, foreign exchange rate and interest rates after failing to overthrow his administration in July.
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Publish Date:04/December/2016 | 12:49

Erdogan Unleashes Fury at Markets on Eve of Turkey Rate Decision

EghtesadOnline: Turkish President Recep Tayyip Erdogan heightened his criticism of economic policy makers and bankers, warning that they risked provoking his intervention. The lira weakened to a record low and debt and equity markets slumped.
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Publish Date:24/November/2016 | 17:13