Lira Lifesaver Became $124 Billion Gamble That Now Haunts Turkey
As the lira was approaching a decade of continuous losses, Turkish policymakers hit on an idea that promised
2023-08-21 16:27
Turkey Starts Curbing FX Tool Imposed to Halt Lira Selloff
Turkey took a first step away from a tool designed to halt a selloff in the lira by
2023-08-20 17:53
Turkish Inflation Outlook at Its Worst in 21 Years on Weak Lira
Turkey’s inflation outlook is worsening due to a weak currency, with a key survey by the country’s central
2023-08-18 17:26
Can Sweden’s Visionary Wood City Outrun Its Real Estate Crisis?
This article is part of the Bloomberg Green series Timber Town, which looks at the global rise of
2023-08-15 17:19
Turkey Posts First Current-Account Surplus in Almost Two Years
Turkey’s current account moved into surplus for the first time in nearly two years, as a boom in
2023-08-11 15:46
Turkish Inflation Surges More Than Forecast to End Long Slowdown
Turkish inflation ended its eight-month deceleration in July, putting it on track for a surge that the central
2023-08-03 15:18
Turkish Inflation to Shift Into Higher Gear After Tax Hikes
After eight months of deceleration, Turkish inflation probably ticked back up in July on the back of a
2023-08-03 12:15
Turkey’s Debt Ratings Hinge on Erdogan’s Policy Follow-Through
Credit-rating companies are facing a pivotal moment as Turkish President Recep Tayyip Erdogan takes on a new, more
2023-08-02 15:57
Marathon Petroleum Q2 profit slumps 63% on lower refining margins
(Reuters) -U.S. refiner Marathon Petroleum Corp reported a 63% drop in second-quarter profit on Tuesday, as improved fuel supplies and
2023-08-01 18:47
Ex-NY Fed Economist Among Three Central Bankers Named by Erdogan
Turkish President Recep Tayyip Erdogan made some of the biggest moves in revamping his economic team by installing
2023-07-28 12:56
Turkey’s New Central Bank Governor to Confront Misgivings in Public Debut
Turkey’s newly-installed central bank Governor Hafize Gaye Erkan will step into the spotlight for the first time on
2023-07-27 12:20
Japan’s Mom-and-Pop Traders Boost Emerging-Market Currency Bets
Japanese retail investors — who dominate spot trading in Tokyo’s foreign-exchange market — have increased bets on volatile
2023-07-24 06:57