Turkey

Cheap coal from Putin fires Turkey up the dirty power generation league

Akin li in Belgrade March 18, 2024

Country dislodges Poland from second spot in Europe for electricity made with coal. Ankara took advantage of lower Russian shipment prices caused by EU embargo.

Three billion people will live in uninhabitable zones by 2070

bne IntelliNews March 18, 2024

It's predicted that 3bn people will live in zones that have been made uninhabitable (black areas) by 2070, say scientists.

Disappearances raise fears over Turkey and Central Asia regimes stepping up collaboration in transnational repression

bne IntelliNews March 14, 2024

Two Tajik dissident activists vanish without a trace. Rights defenders point to frightening frequency of state kidnappings.

Ukraine court orders seizure of Turkcell units over oligarch Fridman links

Akin Nazli in Belgrade March 11, 2024

Company controlled by Turkey’s sovereign wealth fund argues Russian businessman has no influence over its Ukrainian subsidiaries.

Closing gender gap in workforce could double global growth rate says World Bank

Clare Nuttall in Glasgow March 8, 2024

Countries in Central and Eastern Europe and Eurasia have a lower gender gap than the global average but only Latvian women have equal legal standing with men.

Energy-related CO2 emissions increased last year, but slower than in 2022, says IEA

bne IntelliNews March 6, 2024

In 2023, global CO2 emissions from energy rose at a slower pace compared with the previous year.

Turkmenistan: Kabul market

bne IntelliNews March 5, 2024

Afghanistan wants to show it is open for business and is willing to be a good neighbour. This and more in this week's Eurasianet Akhal-Teke Bulletin.

Investors ramp up pressure on Turkey for more rate hikes

bne IntelliNews March 5, 2024

Calls follow latest inflation readout and warning from MIT economist that monetary policy is not tight enough to achieve the disinflation goal, with the benchmark still negative.

Turkish terminal freezes Russian oil business

bne IntelliNews March 5, 2024

Mediterranean facility Dortyol recently sprung to attention when US senators claimed “masked Russian oil” supplied via facility even ended up in US warships.

Turkey’s official headline inflation moves up to 15-month high of 67% in February

Akin Nazli in Belgrade March 4, 2024

Central bank watching for lagged effects of rate hikes that have taken benchmark to 45%.

ISTANBUL BLOG: Quick dive into Turkey’s monetary madness

Akin Nazli in Belgrade March 3, 2024

How did the country’s policy rate become idle on the sidelines? Given the Turkish economic mess, several explainers are needed, but here’s one.

Turkish manufacturing returns to growth for first time in eight months, February PMI shows

bne IntelliNews March 3, 2024

Input and output price components still elevated, suggesting price pressures remain strong, says Capital Economics.

Turkey suspected of war crimes as occupying power in northern Syria, says HRW report

bne IntelliNews March 2, 2024

Given Ankara’s denunciations of Israel’s activities in Gaza, Erdogan administration exposed to claims of gross hypocrisy.

ISTANBUL BLOG: Here’s your F-16. Make mine an F-35

Akin Nazli in Belgrade February 29, 2024

How Recep Tayyip Erdogan got himself into such a tangle trying to bag some fighter jets is quite the mystery.

Turkey posts 2023 GDP of 4.5% as finance minister Simsek markets his “middle ground”

Akin Nazli in Belgrade February 29, 2024

In the battle to trigger hot money inflows, the current course means the delivery of a positive real rate will only occur in the second half.

Jellyfish invasion threat to Turkey’s tourism ambitions

bne IntelliNews February 28, 2024

Already battling “sea snot”, country’s scientists warn enormous swarms of the unsightly stingers threaten resort hotspots.

Kalfalar, the Turkish village with a population of one

bne IntelliNews February 27, 2024

And 87-year-old Ibrahim Elaslan says he's never leaving.

OKX announces launch of crypto exchange in Turkey

bne IntelliNews February 27, 2024

Figures have shown Turks’ ownership of digital currencies at the highest level in the world.

Macron says sending Nato ground troops to Ukraine should not be ruled out

bne IntelliNews February 27, 2024

French president says Russia now presents a greater danger and nothing should be excluded.

US claims sanctions success, says Russia’s financial flows with Turkey, UAE and Kazakhstan disrupted

bne IntelliNews February 26, 2024

Washington says secondary sanctions threat against financial firms has put “sand in the gears” of network used to help Kremlin get access to goods.

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