Turkey

Russians flock to see NATO hardware seized in Ukraine; Moscow to beef up weapons, front line forces

This was CNBC’s live blog tracking developments on the war in Ukraine. Russian crowds are flocking to see a new…

Turkey’s inflation climbs to 68.5% despite continued rate hikes

Turkey’s annual inflation rose to 68.5% for the month of March, an increase on February’s 67.1% inflation read, according to…

Turkey’s opposition stuns in sweeping local elections victory over Erdogan’s party

Turkey’s opposition won a stunning victory across several major cities in the country’s local elections Sunday, dealing a severe blow…

Turkey’s local elections — and whoever wins Istanbul — could dictate the future of the country

Turkish President Recep Tayyip Erdogan once said that whoever wins Istanbul wins Turkey. If that’s the case, the stakes are…

Turkey opts for new tightening strategy after signaling a pause to hikes

Turkey’s central bank is opting for a different monetary tightening method as it grapples with climbing inflation, after previously signaling…

Turkey, U.S. discuss Ukraine, Gaza, ways to improve ties, foreign minister says

Turkish and U.S. officials held comprehensive talks about the wars in Ukraine and Gaza and various bilateral issues during meetings…

Turkish annual inflation soars to 67% in February

Turkish annual consumer price inflation soared to 67.07% in February, the Turkish Statistical Institute said Monday, coming in above expectations.…

Turkey ends hiking cycle after 8 months, holding key rate at 45%

Turkey’s central bank held its key interest rate on Thursday, keeping it at 45% despite soaring inflation after eight consecutive…

Turkey is back in from the cold with NATO and F-16 moves, but thorny issues remain

Turkey spent nearly two years — along with Hungary — holding up Sweden’s accession to NATO. It’s bought powerful Russian…

Turkey’s new central bank governor, formerly at Amazon and New York Fed, seen as a ‘credible choice’

Turkey’s newly appointed central bank governor, Fatih Karahan, has his work cut out for him, after being named to the…