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Economy
141 posts
S&P Says Economic Rebalancing Prompted Türkiye Credit Outlook Upgrade
Standard & Poor’s (S&P) on Tuesday said strengthening indicators of Türkiye’s economic rebalancing prompted the international credit rating…
Türkiye, UK Gear Up for Free Trade Deal Upgrade Negotiations
Türkiye and the United Kingdom are gearing up for negotiations to update and expand the scope of their…
Türkiye Secures $2.4B Foreign Financing for Earthquake-hit Region
Türkiye has secured about $2.4 billion in financing from abroad amid efforts to address the aftermath of the…
President Wickremesinghe’s Contribution To Securing IMF Loan For Sri Lanka
Brussels (08/11 – 50) On March 20, the IMF approved a $3 billion Extended Fund Facility (EFF) to…
France, UK Jointly Ask US Court to Freeze Litigation on Sri Lanka
London (06/11 – 58) France and the United Kingdom (UK) have jointly made a request in favour of…
Transition to Turkish Lira Continues in Line With Ttarget: CBRT Chief
Turkish central bank chief met with the management of the Banks Association of Türkiye (TBB) to evaluate the…
Turkish Economy on ‘Right Track,’ Global Financial Bodies ‘Aware’
While the Turkish economy is moving in the right direction, showing positive signs noted by credit rating agencies…
Notorious Benjamin Wey Sues Sri Lanka For $250 Million
London (05/11 – 44.44) Benjamin Wey, a Chinese-American financier, founder of Fintech Holdings and a history of legal…
The Price of War?
Brussels (3/12) Governments may be doing great while the people suffer. Bombing of the Nordstream 2 pipeline, carrying…
Turkish Bank Denies Role in High-Profile Football Stars Scam Case
One of Türkiye’s major private banks refuted allegations Tuesday that it played a role in an alleged scam…