Showing 13 to 24 of 36 results
BIST 100 Falls 1.21% Amidst US Tax Bill Concerns
Borsa Istanbul's BIST 100 index fell by 1.21 percent to 9,398.93 points due to global concerns about a US tax bill, causing a sell-off. Investors await Turkey's Central Bank's second inflation report today for further market direction; the bank previously projected 2025 year-end inflation at 24 perc...
BIST 100 Falls 1.21% Amidst US Tax Bill Concerns
Borsa Istanbul's BIST 100 index fell by 1.21 percent to 9,398.93 points due to global concerns about a US tax bill, causing a sell-off. Investors await Turkey's Central Bank's second inflation report today for further market direction; the bank previously projected 2025 year-end inflation at 24 perc...
Progress
32% Bias Score
Political Instability Triggers Turkish Central Bank Rate Hike and Reserve Release
Following the detention of Istanbul Mayor Ekrem Imamoglu on March 19th, the Turkish Central Bank reversed its course on interest rate cuts, raising rates and releasing $50 billion of its net reserves in response to increased political instability and its economic fallout.
Political Instability Triggers Turkish Central Bank Rate Hike and Reserve Release
Following the detention of Istanbul Mayor Ekrem Imamoglu on March 19th, the Turkish Central Bank reversed its course on interest rate cuts, raising rates and releasing $50 billion of its net reserves in response to increased political instability and its economic fallout.
Progress
36% Bias Score
Turkey to Update Economic Programme Amidst Global Uncertainty
Turkey's Deputy Prime Minister Cevdet Yılmaz announced the September update of the Medium-Term Programme (OVP), emphasizing adjustments based on global economic forecasts and domestic data, prioritizing inflation reduction, balanced growth, and social welfare, alongside structural reforms focusing o...
Turkey to Update Economic Programme Amidst Global Uncertainty
Turkey's Deputy Prime Minister Cevdet Yılmaz announced the September update of the Medium-Term Programme (OVP), emphasizing adjustments based on global economic forecasts and domestic data, prioritizing inflation reduction, balanced growth, and social welfare, alongside structural reforms focusing o...
Progress
48% Bias Score
Turkey's High-Value Bank Deposits Surge in February 2025
As of February 2025, Turkey saw a 115,871 increase in individuals holding over 1 million Turkish Lira in their accounts compared to December 2024, totaling 2,123,799 individuals with over 15.5 trillion Lira in combined deposits.
Turkey's High-Value Bank Deposits Surge in February 2025
As of February 2025, Turkey saw a 115,871 increase in individuals holding over 1 million Turkish Lira in their accounts compared to December 2024, totaling 2,123,799 individuals with over 15.5 trillion Lira in combined deposits.
Progress
28% Bias Score
İş Bankası CEO Denies Allegations of Biased Funding
Türkiye İş Bankası CEO Hakan Aran denies allegations of funding specific groups or viewpoints, asserting that these false claims damage the economy and constitute a crime under banking law. He announced legal action against those making these accusations.
İş Bankası CEO Denies Allegations of Biased Funding
Türkiye İş Bankası CEO Hakan Aran denies allegations of funding specific groups or viewpoints, asserting that these false claims damage the economy and constitute a crime under banking law. He announced legal action against those making these accusations.
Progress
56% Bias Score
AKP Accuses CHP of Politicizing Corruption Investigation
AKP deputy chairman Efkan Ala accused Turkey's CHP opposition of trying to turn a corruption investigation into a heroic act, linking their response to the 1997 post-modern coup and criticizing their calls for international help, while highlighting Turkey's counter-terrorism efforts and economic pol...
AKP Accuses CHP of Politicizing Corruption Investigation
AKP deputy chairman Efkan Ala accused Turkey's CHP opposition of trying to turn a corruption investigation into a heroic act, linking their response to the 1997 post-modern coup and criticizing their calls for international help, while highlighting Turkey's counter-terrorism efforts and economic pol...
Progress
60% Bias Score
Turkey's Unemployment at 12-Year Low Amidst Social Security Reforms
Turkey's unemployment rate dropped to 8.2%, the lowest in 12 years, while the government collected 128.2 billion lira in social security payments from municipalities and uncovered 9,000 fraudulent divorces used to obtain orphan benefits.
Turkey's Unemployment at 12-Year Low Amidst Social Security Reforms
Turkey's unemployment rate dropped to 8.2%, the lowest in 12 years, while the government collected 128.2 billion lira in social security payments from municipalities and uncovered 9,000 fraudulent divorces used to obtain orphan benefits.
Progress
64% Bias Score
Turkey's Finance Minister: Inflation to Remain within Central Bank Forecast
Turkey's Treasury and Finance Minister Mehmet Simsek stated that inflation is likely to stay within the Central Bank's forecast range, despite recent market fluctuations; he also expects the current account deficit to be lower than projected and that foreign direct investment will increase due to th...
Turkey's Finance Minister: Inflation to Remain within Central Bank Forecast
Turkey's Treasury and Finance Minister Mehmet Simsek stated that inflation is likely to stay within the Central Bank's forecast range, despite recent market fluctuations; he also expects the current account deficit to be lower than projected and that foreign direct investment will increase due to th...
Progress
48% Bias Score
TCMB Shifts to Overnight Lending Rate, Raises Policy Rate to 46 Percent
The Central Bank of Turkey (TCMB) unexpectedly increased its overnight lending rate to 46 percent on March 21, 2025, replacing its weekly repo rate as the primary policy rate, causing temporary market confusion due to initial reporting discrepancies, but eventually clarifying the new policy rate as ...
TCMB Shifts to Overnight Lending Rate, Raises Policy Rate to 46 Percent
The Central Bank of Turkey (TCMB) unexpectedly increased its overnight lending rate to 46 percent on March 21, 2025, replacing its weekly repo rate as the primary policy rate, causing temporary market confusion due to initial reporting discrepancies, but eventually clarifying the new policy rate as ...
Progress
52% Bias Score
Trump's Claim of Positive US-Turkey Ties Contradicts History of Economic Threats
Despite President Trump's claims of a positive relationship, US-Turkey relations have been tense, marked by economic threats and the Turkish lira's devaluation; however, recent US tariffs have created a potential opportunity for Turkey to increase its exports to the US, although a lack of preparedne...
Trump's Claim of Positive US-Turkey Ties Contradicts History of Economic Threats
Despite President Trump's claims of a positive relationship, US-Turkey relations have been tense, marked by economic threats and the Turkish lira's devaluation; however, recent US tariffs have created a potential opportunity for Turkey to increase its exports to the US, although a lack of preparedne...
Progress
36% Bias Score
Turkey's Plan to Combat Inflation and Mitigate US Tariff Impact
Turkish Treasury and Finance Minister Mehmet Şimşek announced a plan to lower inflation to single digits by 2027, aiming for 24% this year and 12% in 2025, while stating that the impact of US tariffs will be limited due to Turkey's focus on domestic demand. He also defended the government's use of r...
Turkey's Plan to Combat Inflation and Mitigate US Tariff Impact
Turkish Treasury and Finance Minister Mehmet Şimşek announced a plan to lower inflation to single digits by 2027, aiming for 24% this year and 12% in 2025, while stating that the impact of US tariffs will be limited due to Turkey's focus on domestic demand. He also defended the government's use of r...
Progress
40% Bias Score
Turkey's Economy Shows Strength Despite Challenges
Cevdet Yılmaz, in a HaberTürk TV interview, reported that Turkey's current account deficit is historically low, the budget deficit is controlled despite earthquake spending, and the Central Bank's reserves are ample. Growth continues at 3.2 percent, and despite an Istanbul mayor investigation's temp...
Turkey's Economy Shows Strength Despite Challenges
Cevdet Yılmaz, in a HaberTürk TV interview, reported that Turkey's current account deficit is historically low, the budget deficit is controlled despite earthquake spending, and the Central Bank's reserves are ample. Growth continues at 3.2 percent, and despite an Istanbul mayor investigation's temp...
Progress
44% Bias Score
Showing 13 to 24 of 36 results