Turkey's economic overhaul earns Fitch upgrade amid policy shift

Economists at some of the biggest global banks are offering sharply different views of how Turkiye will go about raising interest rates this month, a prospect that seemed remote before president Recep Tayyip Erdogan’s reelection just over a week ago.

Economists split on Turkish rate hike | World Business Watch

Shifting tides in Turkiye's economy: Analysts grapple with implications of potential rate hike

It's a double whammy for bars struggling post-pandemic as Turkey hikes tax on liquor by 42% while the lira struggles amid high inflation. The liquor tax has now triggered bootlegging of alcohol.

42% hike in Turkey's alcohol tax amid inflation

Firing the latest salvo in President Recep Tayyip Erdogan's economic war of independence, the central bank has cut interest rates once again, leading to a sharp fall in the Turkish currency Lira's value against the dollar.

Turkish lira plunges to new record low after Erdogan's latest rate cut

‘Our money has no value’: Frustration rises in Turkey at lira crisis

Turkey's economic troubles mount as new year begins

Erdogan's Turkey spends beyond its means as Lira loses value

Turkey's economy in free fall as Erdogan pursues world domination

Turkey is heading for second recession in two years, Turkish lira hit a record low against dollar. Watch this video to know more.

Turkey heading for second recession in two years

Weeks before Erdogan to face election, Turkey's economy enters recession

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