Economic history of Turkey
S&P raises Turkey’s rating to ‘B+’ on economic rebalancing
Credit ratings agency S&P on Friday upgraded Turkey's ratings to "B+" from "B", saying that the coordination between monetary, fiscal, and income policy is set to improve, amid external rebalancing.
The credit action comes a week after the Turkish central bank kept its policy rate unchanged at 50%.
Erdoğan says AKP 'unmatched' in service provision
President Recep Tayyip Erdoğan has asserted that his ruling Justice and Development Party (AKP) "stands unrivaled" in its commitment to serving the nation.
Erdoğan's remarks came during an event in the southeastern province of Şanlıurfa, where he unveiled the AKP's mayoral candidates in the city for the upcoming local elections.
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40 suspects detained after attack on Istanbul courthouse
The police apprehended 40 individuals believed to have links to an attempted terrorist attack on an Istanbul courthouse, resulting in the death of a woman, Interior Minister Ali Yerlikaya has announced.
3 people killed in alleged extremist attack at Turkey’s largest courthouse
Two people attacked Turkey's largest courthouse before being shot dead Tuesday in an exchange of fire that also left one other person dead and five wounded. Authorities alleged the assailants were part of an extremist organization that had been largely inactive in recent years.
Police shoot dead two assailants outside Istanbul court
Two people have been shot dead while trying to attack a courthouse in Istanbul on Feb. 6, Interior Minister Ali Yerlikaya has announced.
The man and woman were killed during an attempt to attack a security checkpoint at the Çağlayan courthouse at 11:46 a.m. local time, the minister posted on social media.
Shooting in front of courthouse; Urgent statement issued: There are dead and wounded
This was announced today by Turkish Interior Minister Ali Yerlikaya, adding that two attackers were killed.
Yerlikaya said that an attempt was made to attack the checkpoint in front of the gate at aglayan Court in Istanbul and that two attackers, a woman and a man, were killed, reports Haber Turk.
Ethnic Kurd arrested; wanted in Turkey for terrorist action
Police have arrested a Turkish citizen, an ethnic Kurd, wanted for membership in a terrorist organization.
The 41-year-old had gone to the police's aliens' division in Athens to renew his asylum request papers; when the officer entered his name an INTERPOL Red Notice appeared, asking for his arrest.
Turkish security forces thwart DHKP-C militants near Evros border, report claims
Turkish security forces have neutralized four members of the Revolutionary Liberation Party-Front, or DHKP-C, a leftist militant group, near the Evros border, according to a report in the pro-government Yeni Safak newspaper. The report has not been independently confirmed.
Turkish economy resilient to global challenges, says VP Yılmaz
The Turkish economy has remained resilient despite the shocks in the global economy, says Vice President Cevdet Yılmaz, reiterating that the government's priority will bring down inflation to single digits.
Growth data for first quarter out this week
The Turkish Statistical Institute (TÜİK) will release the economic growth data for the first quarter on May 31.
The Turkish economy grew 5.6 percent last year with its GDP expanding 3.5 percent in the final quarter of 2022 from a year earlier.
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