MOODYS: Erdogan’s unorthodoxy will undermine lira

Turkiye President Recep Tayyip Erdoğan’s re-election will likely lead to a continuation of unorthodox economic policies and the central bank’s (CBRT) extraordinarily loose monetary policy, argues Moody’s analysis. The policy stance has

US futures higher, gold out of luck

By Naeem Aslam US futures and European markets are trading higher Tuesday as traders celebrate the Spanish inflation number, showing that inflation has started to cool down significantly. The Spanish data also


Turkey gets another 5 years of Erdogan

Turkish President Recep Tayyip Erdogan will prolong his two-decade rule of the NATO country for another five years after prevailing over his rival Kemal Kilicdaroglu in Sunday’s runoff elections with 52.1% to

Erdoganomics causing unease

With Turkey’s President Recep Tayyip Erdogan close to winning Turkey’s runoff election on Sunday, his ruling AKP appears to be split over his economic policies, leading to a massive inflation hike and

Erdogan survives litmus test

Turkey is heading for a runoff vote on May 28, as incumbent President Tayyip Erdogan unexpectedly led over his opposition rival Kemal Kilicdaroglu in the first round of elections. As state news

Erdogan closer than ever to being ousted

Growing dissatisfaction and poverty in Turkish society could give AKP leader the boot Turkish President Recep Tayyip Erdogan will be facing the most crucial election in his political career on May 14,


Erdogan’s grip tightening triggers Lira dive

The Turkish Lira dived against the dollar this week as the Turkish state took control following the conviction of Istanbul’s Mayor, the biggest threat to President Recep Tayyip Erdogan’s 2023 re-election. The