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Most economists agree that Erdogan’s policies caused the rout. (CPI Financial)

June 26th, 2018 - 08:35 GMT

Erdogan's Hot Election Economy Risks a Meltdown After His Win

When Turkey’s president called early elections, most analysts figured they knew why: there was financial trouble ahead and he couldn’t risk waiting.

Rise in index has a lot of myriad causes. (Shutterstock)

May 28th, 2018 - 08:27 GMT

8 Causes Behind the US Dollar Index’ Surge

A young girl holds placard reading "Al Quds belongs to Muslims" on May 11, 2018 in Istanbul, during a demonstration against US President Donald Trump’s controversial decision to recognise Jerusalem as Israel’s capital by opening a US embassy there. (AFP/ File Photo)

May 14th, 2018 - 11:51 GMT

In Trump Snub, Erdogan Says 'East Jerusalem is the Capital of Palestine'

Turkey intends to do its own 'unique work' on cryptocurrency, Deputy Prime Minister Mehmet Simsek said on Tuesday. (Pixabay)

February 7th, 2018 - 11:45 GMT

Turkey Has 'Unique Plans' for Cryptocurrency, Says Minister

While the price of Bitcoin can suddenly rise to an extreme level, "it can also collapse later," he warned. (AFP/ Philippe Lopez)

December 13th, 2017 - 09:04 GMT

Beware of Bitcoin, Warns Turkey's Deputy PM

According to Turkey's Deputy Prime Minister Mehmet Simsek, the US-Turkey visa row is only a temporary dispute that will be resolved soon. (AFP)

October 12th, 2017 - 01:03 GMT

Turkey-US Visa Row Likely to Be Resolved Soon: Deputy PM

Turkish President Recep Tayyip Erdogan (L) "hesitantly" shakes hands with his Russian counterpart Vladimir Putin after a joint press conference following their meeting at the Bocharov Ruchei state residence in Sochi on May 3, 2017. (AFP/ Alexander Nemenov)

May 23rd, 2017 - 12:19 GMT

Two Years Later: Turkey, Russia Agree to Remove Trade Barriers

Turkey's Deputy Prime Minister Mehmet Simsek wants Turks to vote 'Yes' for the sake of the economy. (AFP/Adem Altan)

April 12th, 2017 - 10:28 GMT

Turkey's economy will grow strong and steady if Turks vote 'Yes’: Deputy PM

While the value of the Turkish lira has dropped, banks remain stable. (AFP/File)

July 21st, 2016 - 09:00 GMT

Turkey takes steps to reassure international investors in wake of failed coup

Turkey's Minister of Transport, Maritime and Communication and new chairman candidate for ruling AK Party Binali Yildirim throws red carnations to supporters as he arrives for the second extraordinary congress in Ankara, on May 22, 2016. (AFP/Adem Altan)

May 24th, 2016 - 11:00 GMT

New Turkey PM Yildirim reveals new cabinet, replaces EU minister

Jakarta's Istiqlal mosque, the largest mosque in Southeast Asia. (Wikipedia)

May 16th, 2016 - 07:00 GMT

Islamic Development Bank Group to review $1.83B of international financing at Jakarta summit

The size of Islamic finance assets in Turkey has reached 120 billion Turkish liras ($40 billion). (Shutterstock)

May 12th, 2016 - 05:00 GMT

Turkey partners with Islamic Development Bank to host 'Islamic megabank'

Al Bawaba

November 23rd, 2015 - 12:22 GMT

Meteorite fragments: 'A gift from God' to the Syrian refugees

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