Tag
Turkey
5 articles
Turkey's Central Bank Cuts to 37% as Inflation Slows—But Pricing Power Remains Sticky
The Turkish central bank reduced rates by 100 basis points citing faster-than-expected disinflation, yet its own forward guidance and market pricing suggest entrenched inflation expectations will resist further cuts.
Turkish Equities Enter Bear Market as Fund Liquidations Cascade
The BIST 100 has fallen 20 percent since early May, with 131 investment funds entering liquidation after a structural mismatch between redemption demands and illiquid holdings.
Erdogan Cracks Down on LGBT Groups, Then Denounces 'Gender-Neutralization' at UN
Turkish authorities arrested 116 people and blocked hundreds of online accounts in raids across 15 provinces, days before the president attacked LGBT rights at the General Assembly.
Turkey, Pakistan, Saudi Arabia to Confer on Houthi Attacks
Military chiefs from three nations will meet in Riyadh to coordinate defense against Iranian-backed Houthi strikes on Saudi targets.
Turkish Fund Defaults Show Fragility in $75B Hot Money Model
Tera Portfoy and Pusula Portfoy defaulted on redemptions as Turkish equities fell 5 percent, exposing structural liquidity risks in a market dependent on speculative foreign inflows.