• Erdoğan rebukes EP’s Schulz: Who the hell are you?

    In a strong reaction to a threat made by European Parliament President Martin Schulz to impose economic sanctions on Turkey, President Recep Tayyip Erdoğan called Schulz disrespectful, daring him to do whatever he can and saying “Who the hell are you?“ Talking to a group of farmers in

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  • EU Threatens Turkey With Economic Sanctions In Bold Move

    Turkey-EU relations braced for a major showdown after the Turkish government renewed its push for bringing the death penalty back, leading to mutual recriminations, trading barbs over recent days. To reveal the gravity of the situation and its meaning for the EU, European Parliament (EP)

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  • Turkey takes ‘risky’ steps to keep economy on track

    Consumer confidence remains positive post-coup despite high unemployment figures The fact that markets did not go into meltdown and the currency did not nosedive after a coup attempt and subsequent crackdown has widely been hailed as a testament to the solidity of the country's economic

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  • Detained in Turkey

    A foreign academic briefly detained in Turkey and fired from his university for alleged links to coup-plotters tells his story. Elizabeth Redden When his university accused him of aiding and abetting a terrorist organization, Clyde Forsberg, an American citizen teaching in Turkey, posted on

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  • Will Putin’s economic attacks bring Erdogan down?

    Kerim Karakaya The Russian plane shot down by the Turkish air force Nov. 24 has brought President Recep Tayyip Erdogan and Russian President Vladimir Putin into serious confrontation. The economic warfare that began shortly afterward has been inflicting heavy damage on Turkey ever since. At the

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  • Mustafa Koc, Head of Turkey’s Top Industrial Group, Dies

    Mustafa Koc, chairman of Turkey's top industrial conglomerate, Koc Holding, died from a heart attack on Thursday, a hospital said. He was 55. The American Hospital in Istanbul said Koc died after suffering a heart attack at home. He was rushed to a state hospital near his home before being

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  • Turkey Year-End Inflation Highest Since 2011 on Food Prices

    Turkey’s consumer price inflation accelerated more than estimated in December and reached the highest year-end level since 2011, as the central bank missed its inflation target for a fifth year. The annual inflation rate was 8.81 percent last month, according to data published by Turkey’s

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