Turkish PM steps back over bill
Turkish Prime Minister Recep Tayyip Erdogan says he is considering only partially freezing a bill designed to restructure the Turkish court… Reported by euronews 1 day ago.
View ArticleThe Big-Mac-Lover's Guide To The Craziness In Emerging-Market Currencies
Our bun-loving guide to currencies LAST summer mere talk from the Federal Reserve about "tapering" (ie, phasing out) its monetary stimulus through asset purchases was enough to fry emerging-market...
View ArticleTurkey Energy Advisory
We have had some requests from Oil & Energy Insider subscribers to evaluate the situation for foreign E&P companies operating in Iraqi Kurdistan and the potential impact the Turkish political...
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CME Hikes Turkish Lira, Nat Gas Margins
Once upon a time, the only CME margin hike releases the investing population cared about were those for gold (because no matter how high the E-Mini went, the CME never seemed too bothered). Now, the...
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Turkey Is The Epitome Of What Can Go Wrong In The Emerging Markets
The Turkish lira (TRY) fell to new record lows on Friday. Many of Turkey's current problem relate to risks that even novice emerging market investors should know about. So in many ways, Turkey is...
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Scandal of our scrapyard Navy: We sold Ark Royal to the Turkish for scrap......
Today The Mail on Sunday can reveal how, in a frantic effort to refit HMS Illustrious after a fire, MoD officials salvaged parts from her sister ship HMS Ark Royal (pictured) – the aircraft carrier...
View ArticleTurkish Prime Minister Accuses Opposition Candidate of Graft
Turkish Prime Minister Tayyip Erdogan brandished what he said was a file of graft allegations against a senior opposition figure on Sunday, raising the stakes in a political battle after a corruption...
View ArticleTurkish prime minister accuses opposition candidate of graft
ISTANBUL (Reuters) - Turkish Prime Minister Tayyip Erdogan brandished what he said was a file of graft allegations against a senior opposition figure on Sunday, raising the stakes in a political battle...
View ArticleEmerging Market FX: The Straw That Broke The Carry-Trade's Back
FX markets featured significant volatility in the past week, though the driver of that volatility was a combination of several idiosyncratic factors, rather than a core underlying narrative....
View ArticleHow Do You Say Addictive in Spanish?
In mid-December, Apple named Duolingo—a piece of[let’s stet] language-learning software—its 2013 iPhone app of the year. Since then, I swear every native English speaker of my acquaintance has suddenly...
View ArticleFethullah Gulen: Powerful but secretive Turkish cleric
Rare interview with Turkish PM's alleged rival Reported by BBC News 1 day ago.
View ArticleMilenyum Mining Limited Names The Courtney Collection® as First Authorized...
Milenyum Mining Limited (MML) is excited to announce that The Courtney Collection®, a new division of Erica Courtney, Inc., is the first authorized distributor of Csarite™ in the United States. Dubai,...
View ArticleTurkish lira at record lows against dollar
The Turkish lira hit another record low value against the dollar on Monday despite heavy central bank intervention in the foreign exchange market last week. Reported by Bangkok Post 20 hours ago.
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Turkish central bank calls emergency meeting as lira falls
The Turkish central bank announced a crisis policy meeting on Tuesday, as the lira plunged further against the dollar and euro. Reported by Digital Journal 17 hours ago.
View ArticleU.S.-Based Turkish Cleric Says Used as Scapegoat in Graft Scandal
U.S.-based Turkish cleric Fethullah Gulen has denied giving orders to police and prosecutors in a corruption inquiry rocking the government, saying his worldwide movement of followers was being used as...
View ArticleU.S.-based Turkish cleric says used as scapegoat in graft scandal
ANKARA (Reuters) - U.S.-based Turkish cleric Fethullah Gulen has denied giving orders to police and prosecutors in a corruption inquiry rocking the government, saying his worldwide movement of...
View ArticleTurkish Central Bank to Meet on Lira Concerns
The Turkish lira rebounded strongly after the central bank said it would schedule an extraordinary policy meeting Tuesday to evaluate recent developments and take necessary measures to ensure price...
View ArticleEmerging Market Rout Continues In Overnight Trading
A slew of favorable overnight news, including a stronger than expected German IFO business climate print, reports that Draghi has signalled he would be prepared for the ECB to buy packages of bank...
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Turkish Lira Stages Gigantic Turnaround After Central Bank Announces...
It's a wild day in Turkey. Earlier the Turkish Lira was getting crushed. Now the Lira is rallying against the dollar. The move comes as the Central Bank of Turkey announced that tomorrow it will hold...
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The Turkish Lira's Surreal 1500 Pips Six-Hour Roundtrip
The last time the Turkish Central Bank announced, after the fact, it has failed to intervene decisevely in FX markets, the country's currency collapse became a vivid example of what happens when...
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