Tue, 21-Oct-2025

Erdogan says Turkey’s rate cuts to go on

Erdogan US sanctions

ISTANBUL — Turkish President Recep Tayyip Erdogan said on Friday that rate cuts would go on in his country, adding he would not allow Turkish people to be “crushed” by high-interest rates. Speaking in Turkey’s western province of Izmir, Erdogan said his government would not give up its economic policies that focus on production, employment, … Read more

Turkish lira pulls back from historic low

ANKARA: The Turkish lira surged on Monday on expectations that President Recep Tayyip Erdogan was ready to walk back from his threat to expel 10 Western ambassadors over their statement of support for a jailed civil society leader. The United States and several of the concerned countries issued identical statements on Monday saying they respected … Read more