A cost of living crisis and social unrest are throwing the strongman leader’s plan to stay in power into jeopardy ...

By Akin Nazli in Belgrade Turkey’s official gross domestic product (GDP) expanded by 2.0% y/y in 1Q25 after growing 3.0% y/y in 4Q24, the Turkish Statistical Institute (TUIK, or TurkStat), said ...

Turkey's economy grew 3.0% year-on-year in the fourth quarter of 2024, bringing full-year growth to 3.2%, official data showed on Friday, exceeding forecasts despite the weight of high interest rates.

The potential economic effects of the earthquake in Turkey could result in a loss of up to 1% of the country's gross domestic product this year, the European Bank for Reconstruction and ...

Global GDP growth estimate lowered to 2.3% for this year, while US economy expected to expand 0.9 percentage points less than previous forecast - Anadolu Ajansı ...

Turkey’s economy sank into a recession over the summer, with economic activity squeezed by high interest rates as the country’s central bank sought to tame inflation. Gross domestic product ...

A Turkish court jailed Istanbul Mayor Ekrem Imamoglu, pending a trial on corruption charges, in a move likely to cause the country's biggest protests in more than a decade.

ANKARA, Turkey (AP) — Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 45% on Thursday, in its second rate cut in as many months as official figures showed ...

In the AKP years, when health service provision in Turkey began to be defined as a new area of accumulation for capital owners, private hospitals became widespread across the country. Their number ...

The World Bank said export growth was seen moderating to 12.1% this year, from 14% growth in 2024, and would taper further in 2026 due to expected slowdowns in China and the U.S. and because of ...