In a move to counter skyrocketing inflation, Turkey's central bank has hiked its key interest rate to an unprecedented 50 per cent. According to a report by AP News, this unexpected decision aims to combat the severe economic challenges faced by households grappling with soaring prices for essential goods and services.

Turkish central bank jumps interest rates to 50 pc amid surging inflation

Turkey's top Diplomat was in Baghdad for high-level meetings ahead of President Recep Tayyip Erdogan's expected visit next month. it also comes ahead of a potential Turkish offensive against a Kurdish militant group that maintains bases in Iraq.

Turkiye's top diplomat in Baghdad for high level meetings

Turkey's top diplomat in Baghdad for high-level meetings

Turkey celebrated a significant milestone as Fitch upgrades its credit rating, lauding the country's shift towards orthodox economic policies on Saturday. Fitch's decision to elevate Turkey's credit rating to B+ from B, with a positive outlook, reflects growing confidence in the effectiveness of the government's economic reforms initiated since June 2023.

Turkey's economic overhaul earns Fitch upgrade amid policy shift

After two decades in power the Turkish President Tayyip Erdogan is all set to step down from his post and this comes as Erdogan is now announced the local elections that are slated for later this month will be his last elections. Watch to know more!

Turkey President Erdogan to step down from his post, expresses desire to leave office

Archaeologists have found the oldest known break in Turkey, dating back to 6600 BC. They found a destroyed oven structure in an area called Mekan 66. According to Turkey's Necmettin Erbakan University of Science and Technology Research and Application Center (BITAM), the archaeological site of Çatalhöyük in the southern Turkish province of Konya had adjoining mudbrick houses.

Archaeologists discover ‘world’s oldest bread,’ dating back 8,600 years, in Turkey

Turkey's long-standing leader Erdogan to step aside after 2 decades in power

Male has inked a $37 million deal with a Turkish company for military drones, TB2, for patrolling and the drones have arrived in the country.

Maldives to use Turkish drones, TB2, for patrol, drones delivered in March

Maldives receives Bayraktar TB2 drones from Turkey to patrol maritime area

Ukrainian President Zelensky met with his Turkish counterpart Erdogan in Istanbul on Friday. The meeting comes at a time when Moscow is escalating its offensive and Kyiv is facing difficulties on the front line.

Ukraine President Zelesnky hols talk with Egypt counterpart Erdogan, discuss peace formula for war

Ukrainian President Zelensky met with his Turkish counterpart Erdogan in Istanbul on Friday. The meeting comes at a time when Moscow is escalating its offensive and Kyiv is facing difficulties on the front line. Watch to know more!

Turkish President Erdogan offers to host peace summit between Russia & Ukraine

Investors have increased their bets against the Lira post the local elections in March. However, a Bloomberg report showed that Turkiye's Minister of Treasury and Finance, Mehmet Simsek, dismissed the post-election Lira doom scenario.

Turkiye dismisses post-election Lira doom?

Turkey witnesses massive rallies in support of Kurdish political prisoners. WION tells you - why did Turkey's largest ethnic minority take to the streets and what are their demands.

Kurdish community urges Turkey to free political prisoners

Sweden is finally set to join NATO, Budapest is preparing to approve Stockholm's NATO bid in a vote on Monday. The development comes days after it signed a deal to buy four fighter jets from Sweden. Hungary's Parliament is due to ratify Sweden's bid to join NATO in a vote at its first session today. Watch to know more!

After Turkey, Hungary to vote on Sweden's NATO membership; approval pending since 2022

Hungary, the last holdout on Sweden's bid to join NATO, will vote on the issue on Monday, a senior official with the Fidesz ruling party said. After Russia's invasion of Ukraine, Sweden applied to join the US-led Western military alliance in May 2022, at the same time as Finland.

Hungary to vote on Swedish NATO bid, after Turkey's approval

Recent threats from the US to impose sanctions on financial institutions conducting business with Russia have reverberated through Turkish-Russian trade, causing disruptions and delays in payments for imported oil and Turkish exports, exclusive insights obtained by Reuters indicate.

Turkey-Russia trade suffers as US sanctions loom, insights reveal

The Turkish government on Saturday shut down a gold mine where nine workers are still missing after a landslide. Environmental groups and even industry associations have been calling for the controversial mine to be stripped of its operating permit ever since a massive landslide rolled over the open pit Tuesday.

Turkish gold mine stripped of licence after landslide

Turkish authorities are racing against time to rescue mine workers stuck underground. What caused the incident? And did authorities overlook safety hazards in the gold mine? Ghadi Francis gets you this report.

Landslide traps Turkish mine workers

Egyptian President Abdel-Fattah al-Sisi on Wednesday called for efforts to "open together a new chapter" in the country's relations with Turkey as he welcomed his Turkish counterpart Recep Tayyip Erdogan's first visit to Cairo in more than 10 years.

Turkey and Egypt turn new leaf as President Erdogan visits Cairo

On a day when Turkiye was commemorating the anniversary of an earthquake in its south that killed more than 53,000 people last year, At least one person was killed and five others wounded in a terror attack in front of Istanbul's central courthouse. The two assailants, a man and a woman, were killed in the gun battle with the security officials. They are believed to be associated with a leftist "terrorist" organization which has staged attacks in Turkiye since the 1980s.Turkiye is gradually emerging from a decade-long violent spell, marked by repeated bombings and other attacks linked to Jihadist fighters and Kurdish militants. This attack, targeting a police check point near a courthouse, shattered that sense of security, rendering the nation vulnerable. Mohammed Saleh brings you the details.

Is the far-left group, DHKP-C, staging a comeback in Turkiye?

Nine miners were still missing eight hours after a landslide at an Anagold Mining operation in eastern Turkey on Tuesday, the energy ministry said, with rescue efforts underway.

Nine gold miners missing in Turkey 8 hours after landslide

A landslide occurred at a mine in eastern Turkey in which at least nine miners went missing in a cyanide-laced field on Tuesday (Feb 13). The incident was captured on CCTV, as per the energy ministry.

Watch: Gold miners trapped in Turkey amid cyanide after landslide buries them in soil

One year since a deadly earthquake left thousands dead in Turkey and Syria, we take a look at some of the most horrific moments.

WION looks back at deadly earthquake in Turkey & Syria

turkey

Turkey, News on Turkey, stories on Turkey, articles on Turkey, Turkey stories at Wion, Turkey news, Turkey latest news