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Turkish Debt and Lira Face Bumpy Road, AllianceBernstein Says

Turkish lira bonds won’t be an attractive investment for at least six months amid higher-than-expected inflation and further weakening in the currency, according to...

Turkey Rules Out Privatization of Turkish Airlines Unit AJet

(Bloomberg) -- Turkey’s Minister of Transportation and Infrastructure, Abdulkadir Uraloglu, said there are no immediate plans to privatize Turkish Airlines or its low-cost carrier...

Turkish Firms Face ‘Groundswell’ of Problems as 50% Rates Bite

(Bloomberg) -- Turkish companies are struggling under the weight of myriad challenges, hit by a combination of stubbornly high inflation, rising costs, dwindling access...

Turkey Set to Cut Growth Outlook as Inflation Fight Continues

(Bloomberg) -- Turkey is lowering growth forecasts for this year and next as it tries to rein in runaway inflation.It’s unclear how much of...

Prominent Businessman Says Turkey Inflation Policy Costly, Tough

(Bloomberg) -- A prominent businessman in Turkey sounded the alarm on the impact of the central bank’s tight monetary policy to control inflation, saying...

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