Turkish inflation has skyrocketed following eight months of decline, the latest figures have shown. Inflation reached 58.9 per cent year-on-year in August, the highest since the end of 2022, according to official data published on Monday (September 4). Fuelled by the depreciation
Turkish President Tayyip Erdogan will visit Russia soon to discuss the collapsed United Nations deal that had allowed Black Sea exports of Ukrainian grain, a spokesperson for Turkey’s ruling AK Party said on Monday. The UN- and Turkey-brokered deal lasted a year
Turkish President Recep Tayyip Erdogan criticized U.N. peacekeepers on Monday for obstructing the construction of a road in ethnically divided Cyprus, deeming their actions “unacceptable.” Erdogan accused the peacekeeping force of displaying bias against Turkish Cypriots. The road’s purpose is to connect
Serbian intelligence agencies possess information indicating that Turkey has provided drones, anti-armour systems, mortars, and various other weapons to Pristina. This action is deemed a violation of Resolution 1244. State Secretary Nemanja Starović said that all available communication channels are being used
The Black Sea grain deal, which has allowed the safe export of Ukrainian grain via the Black Sea despite the ongoing war, won’t be renewed, the Kremlin has announced. Kremlin’s spokesman Dmitry Peskov said the deal expiring on July 17 will be
Turkey’s President Recep Erdogan has announced that Russia will extend the grain deal with Turkey despite an earlier denial from the Kremlin that the earlier agreement agreed in July last year would be extended. The grain deal has allowed for the export
A diplomatic blunder by Britain’s High Commissioner to Cyprus Irfan Siddiq looks set to overshadow Rishi Sunak’s first face-to-face meeting with the newly elected President of Turkey Recep Erdogan. There has been a huge backlash as a result of a recent meeting
Turkish President Erdogan has indicated that his country is not prepared to approve Sweden’s NATO membership yet, stating that Stockholm must fulfill certain requirements. Turkey has delayed giving its final approval for Sweden’s NATO membership, expressing concerns about Sweden’s approach towards anti-Islamic
Turkey’s central bank delivered a large interest rate hike on Thursday by raising its key rate by 6.5 percentage points, boosting it to 15 percent. The increase is a significant jump from the current 8.5 percent and is the first since March 2021.
Turkish President Recep Tayyip Erdogan has said that NATO should not bet on his country approving Sweden’s application to join the Western military alliance before a July summit because the Nordic nation has not fully addressed his security concerns. Sweden and Finland