Turkey

Turkey’s central bank says inflation is set to hit 58% — more than double its previous estimate

Turkey’s central bank expects inflation to hit 58% by the end of 2023, its new governor Hafize Gaye Erkan said…

‘The Miracle of Istanbul.’ When Liverpool produced one of soccer’s greatest comebacks

CNN  —  It’s not often that a soccer match can be encapsulated in just a single word. But mention “Istanbul”…

Supreme Court says Halkbank not immune from U.S. prosecution for Iran sanctions violations under FSIA

The Supreme Court ruled Wednesday that Halkbank, which is owned by the government of Turkey, is not immune from criminal…

Turkish police investigating after Italian volleyball player dies in hotel fall

CNN  —  The death of an 18-year-old Italian volleyball player who fell from the 6th floor window of a hotel…

Finland officially becomes the 31st member of NATO; Russia warns it will take ‘countermeasures’

This was CNBC’s live blog tracking developments on the war in Ukraine on April 4, 2023. See here for the…

Biden tells Russia to release WSJ reporter; Wimbledon reverses ban on Russians and Belarusians

This was CNBC’s live blog tracking developments on the war in Ukraine on March 31, 2023. See here for the…

Christian Atsu: Ghana soccer star laid to rest in a state-assisted funeral

CNN  —  Ghana soccer star Christian Atsu has been laid to rest in a state-assisted funeral in Accra. Atsu had…

President Erdogan says Turkey will start ratifying Finland’s NATO application

Turkey’s President Recep Tayyip Erdogan on Friday approved Finland’s accession to NATO after months of talks, but added that discussions…