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Turkey Central Bank Cuts Rates

Turkey's central bank lowers benchmark interest rate to 45%

Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 45% on Thursday, in its second rate cut in as many months as official figures showed inflation was easing. The bank’s Monetary Policy Committee said it was reducing its benchmark one-week repo rate to 45% from the current 47.

Reuters · 17h

Turkey cenbank cuts rates by 250 points to 45% as expected

Turkey's central bank cut its key interest rate by 250 basis points to 45% as expected on Thursday, carrying on an easing cycle it launched last month alongside a decline in annual inflation that is seen continuing through the year end.

The Wall Street Journal on MSN · 17h

Turkey Central Bank Cuts Rates Again as Inflation Cools

The central bank reduced its one-week repo rate to 45% from 47.5% as a cycle of higher borrowing costs bore fruit in cooler price rises.

Business Insider · 17h

Turkey Central Bank Slashes Rate For Second Straight Time

Turkey's central bank slashed its benchmark rate by 250 basis points for the second straight meeting on Thursday as inflation slowed

Bloomberg L.P. · 18h

Turkey’s Central Bank Makes Second Straight Interest-Rate Cut

Turkey’s central bank delivered a second consecutive sizable interest-rate cut after headline inflation slowed more than expected in December.

MarketWatch · 19h

Turkey Central Bank Lowers Key Rate For Second Meeting Straight

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Barron's · 18h

Turkey Cuts Benchmark Interest Rate To 45%

Turkey's central bank on Thursday lowered its key interest rate to 45 percent after inflation weakened further last month, though it said prices could have started rising again in January.

Turkey, ski resort

The Associated Press on MSN · 2d

At least 76 people killed in a hotel fire at a ski resort in Turkey

Officials in Turkey say that a fire has raged through a 12-story hotel at a popular ski resort in the northwestern part of the country during a school holiday, killing at least 76 people.

CNN on MSN · 1d

Dozens killed as fire breaks out at ski resort hotel in northwestern Turkey

At least 66 people were killed and 51 injured as a fire ripped through a ski resort hotel in northwestern Turkey on Tuesday, according to the country’s interior ministry.

Reuters on MSN · 1d

Turkey detains 11 over ski resort hotel fire that killed 79

Turkey has detained 11 people as part of an investigation into a fire that killed 79 people and injured dozens at a ski resort in the Bolu mountains, Justice Minister Yilmaz Tunc said on Wednesday.A deputy mayor of the northwestern Bolu province,

Turkey, Damascus

The Associated Press - Busines… · 16h

Commercial flights between Turkey and Syria resume after 13 years

Commercial flights between Turkey and Syria have resumed after 13 years with a Turkish Airlines flight from Istanbul to Damascus

Yahoo · 17h

Turkish Airlines resumes Damascus flights after 13-year break

Turkey's national flag carrier resumed flights to the Syrian capital Damascus on Thursday after a break of nearly 13 years, state news agency Anadolu reported. A plane with 349 passengers took off from Istanbul International Airport for Damascus on Thursday morning in first such flight since April 2012,

Naharnet on MSN · 18h

Commercial plane from Turkey lands in Damascus for first time in 13 years

A commercial plane from Turkey landed in Damascus for the first time in 13 years on Thursday, Syrian state media said.The Turkish Airlines plane flew from Istanbul to the Syrian capital, SANA reported,

15hon MSN

Deadly Turkey hotel fire sparks safety concerns and political blame game

Outrage over alleged safety failures at a 12-storey hotel in Turkey has escalated into a political clash between the ...

Parkersburg News and Sentinel3m

Picture This: Turkey Trot

A group of wild turkeys trot across a snow covered field near Watertown, Ohio recently. If you have a recent photo that showcases the beauty of the Mid-Ohio Valley, submit it to Art Smith at ...

1don MSN

Turkey mourns hotel fire dead as efforts to identify them continue

A day of mourning is under way in Turkey for the 76 victims of a fire that engulfed a popular ski resort hotel in the country ...

Turkey's Opposition Faces Barrage of Arrests, Investigations

"Recent developments show that Turkey is evolving into an increasingly authoritarian atmosphere, where the opposition's ...

N.J. jeweler sentenced for dodging millions in tariffs on imported gems

The Hudson County man was also accused of processing over $10 million through an unlicensed money transmitting business he was a part of, officials said.