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Today: March 26, 2025
Today: March 26, 2025
Nevzat Devranoglu

Nevzat Devranoglu

Staff Writer

Latest From Nevzat Devranoglu

Business|Economy|Finance|News|US

Exclusive-Turkish-Russian trade hit by fresh US sanctions threat

A U.S. threat to hit financial firms doing business with Russia with sanctions has chilled Turkish-Russian trade, disrupting

Exclusive-Turkish-Russian trade hit by fresh US sanctions threat
Economy|Finance

Turkey unveils package to rein in spending, boost efficiency

Turkey will rein in public spending and boost efficiency under a savings plan announced on Monday, launching only essential state investment projects in a fresh

Turkey unveils package to rein in spending, boost efficiency
Business|Economy|Finance

Turkish vice president Yilmaz sees inflation reprieve, with full Erdogan backing

Turkish Vice President Cevdet Yilmaz said he expects savings from the government's new efficiency plan to outstrip estimates

Turkish vice president Yilmaz sees inflation reprieve, with full Erdogan backing
Economy|Finance

Turkish central bank chief 'extremely determined' to curb inflation

Turkey's central bank is determined to combat soaring prices and will stick patiently to its tight policy stance, Governor Fatih Karahan told Reuters, as a

Turkish central bank chief 'extremely determined' to curb inflation
Economy|Finance|World

Turkey cenbank not even contemplating rate cuts now, deputy Akcay says

Turkey's central bank is not even considering a rate-cutting cycle at this time because easing too early could reignite inflation and

Turkey cenbank not even contemplating rate cuts now, deputy Akcay says
Economy|Finance|News

Turkey cenbank deputy Karahan says fiscal policy critical to slay inflation

Turkey's fiscal policy will be critical to ensure that inflation remains on its downward path now that aggressive interest rate hikes are beginning to yield

Turkey cenbank deputy Karahan says fiscal policy critical to slay inflation
Economy|Finance|MidEast

Turkey inflation higher than expected, teeing up tough rate decision

Turkish inflation was higher than expected at 47.09% annually and 2.24% on a monthly basis in November, official data showed on Tuesday, potentially reducing

Turkey inflation higher than expected, teeing up tough rate decision
Economy|MidEast|Political|World

Turkey ready to supply power to Syria and Lebanon, energy minister says

Turkey is ready to supply electricity to Syria and Lebanon and a team of government officials is already in Syria working on how to resolve its

Economy|MidEast|Political

Turkey announces $14 billion regional development plan for Kurdish southeast

Turkey announced on Sunday a $14 billion regional development plan that aims to reduce the economic gap between its mainly Kurdish southeast region

Turkey announces $14 billion regional development plan for Kurdish southeast
Economy|Finance|MidEast|Political|World

Turkish cenbank rate cut expectations rise after 30% minimum wage hike

Expectations of a Turkish central bank rate cut strengthened on Wednesday after a less-than-requested minimum wage hike, economists said, as it showed the

Turkish cenbank rate cut expectations rise after 30% minimum wage hike

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