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Equities gain 20% in dollar terms as hot inflation again pushes savers into shares
Finance minister Mehmet Şimşek has emerged as a key source of stability
Fatih Karahan says some of President Recep Tayyip Erdoğan’s policies are complicating task of taming inflation
Issuance comes days after departure of central bank chief who had taken hawkish approach to high inflation
Alexander Christie-Miller’s encounters with communities near the city walls evoke a rich heritage in danger of being swept away
Respected economist Fatih Karahan takes reins after Hafize Gaye Erkan’s sudden exit
A target of low double-digit percentage price growth will do
Huge numbers of people still live in temporary shelters despite a state pledge to ‘heal the wounds’ within 12 months
Former governor Hafize Gaye Erkan was an architect of the shift towards more conventional policies
Hafize Gaye Erkan, an architect of the shift towards more conventional policies, replaced by her deputy Fatih Karahan
Also in today’s newsletter, an investigation into the Turkish terminal helping disguised Russian oil reach Europe
Dörtyol facility booms as Moscow’s refined fuels are shipped to western buyers despite EU embargo
Western allies view Stockholm as a vital bulwark against Russian aggression in Europe
Policymakers signal rising borrowing costs are over as country’s prolonged inflation crisis is expected to start easing this year
Decision marks significant step in Stockholm’s attempt to join western military alliance
Fund manager bets on economic reforms by buying lira-denominated bonds
Sagiv Jehezkel was taken into custody and suspended by his Turkish club after the incident
New controls on VPNs underline Erdoğan’s moves to curb freedom of information
Sellers are cutting prices for big-ticket products once seen as a financial refuge from high inflation
Turkish security forces detain 34 people suspected of working for Mossad and plotting attacks against Palestinians
Reinsurers lift prices for property cover in annual renewal as major quake hits Japan
Treasury imposes sanctions on entities in Turkey and Yemen after attacks on commercial vessels around Red Sea
Sharp increase before mayoral elections will offer households relief but also complicate efforts to control inflation
Assent of foreign affairs committee leaves agreement of full parliament as final step to ratifying Stockholm’s application
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