Latest in Tag: Turkey Highlight

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Latest in Tag: Turkey


Turkey against drilling in Cyprus’ economic zone

Egypt warns Turkey against drilling in Cyprus’ economic zone

Egypt warned against intentions of Turkey to begin drilling activities in a maritime area west of Cyprus, according to a Saturday statement issued by Egypt’s Ministry of Foreign Affairs. The statement added that Egypt is following the development, warning against the effects of any unilateral actions on security and stability in the Eastern Mediterranean region. …

Mohamed Samir

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Takeoff in Turkey for Erdogan's mega Istanbul airport

In the nick of time for a national holiday, President Erdogan is cutting the ribbon on Istanbul’s massive new airport. It could one day be the world’s biggest, but there have been many losers in the construction process.Departure times are already being displayed on flight information boards but not everything is ready for the launch …

Deutsche Welle

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Turkey’s economic woes power Balkan reboot

As Russia, the EU and China eye the Western Balkans, it may be that the old colonial power, Turkey, is best placed to play a key role in the region. And this perhaps because of, not despite, its economic problems.Turkey has long considered the Western Balkans part of its sphere of influence. The Ottoman Empire …

Deutsche Welle

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Turkish central bank to act on record inflation

Turkey’s central bank has pledged to take action after the annual inflation rate hit the highest level since 2003. The weak lira has seen consumer prices increase rapidly lately, and the worst may not be over yet.Official data from Turkey showed Monday that the country’s year-on-year inflation rate stood at 17.9 percent in August. Inflation …

Deutsche Welle