Turkish economy

Turkish industrial output shrank 20% in May, hit by coronavirus
Middle East

Turkish industrial output shrank 20% in May, hit by coronavirus

ISTANBUL (Reuters) — Turkish industrial production shrank a less-than-expected 19.9 percent year-on-year in May, data showed on Monday, as a…
Turkish industry slammed by coronavirus curbs
Middle East

Turkish industry slammed by coronavirus curbs

ISTANBUL (Reuters) — Turkey’s industrial output slumped a more-than-expected 31.4 percent and its current account deficit widened beyond five billion…
Shops close across Turkey, dimming hopes of a boom year
Middle East

Shops close across Turkey, dimming hopes of a boom year

ISTANBUL/ANKARA (Reuters) — Shops closed across Turkey on Thursday to help halt the coronavirus spread, dimming the economy’s prospects and…
Lira wobbles as U.S. ties with Turkey fray
Middle East

Lira wobbles as U.S. ties with Turkey fray

ISTANBUL (Reuters) – Turkish President Tayyip Erdogan’s fiery anti-U.S. rhetoric helped spark a currency collapse in 2018 that plunged his…
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