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Wednesday, January 20, 2021

Turkey to post $3.9B current account deficit: Survey

ISTANBUL Turkey's current account balance for August is expected to post a deficit of $3.9 billion, according to an Anadolu Agency survey done Friday.  The Turkish Central Bank is set next...

Turkey: Treasury posts $3.9B cash deficit in Sept

ISTANBUL Turkish Treasury's cash balance posted a deficit of 30.08 billion Turkish liras ($3.93 billion) this September, the Treasury and Finance Ministry said Wednesday. Cash revenues of the Treasury totaled 78.19...

Turkey: Annual inflation stands at 11.75% in September

ISTANBUL Turkey posted an annual increase of 11.75% in consumer prices in the last month, the country's statistical authority said on Monday.  In September, annual inflation rate dropped slightly by 0.02...

Turkey's annual inflation to rise in September: Survey

ANKARA Turkey's annual inflation rate is forecast to rise to 12.20% in September, said a panel of economists on Friday. The 14 economists polled by Anadolu Agency predicted a rise from...

Turkey: Hazelnut exports reach 33,471 tons in September

ISTANBUL Turkey's hazelnut exports reached 33,471 tons in September, down from 45,706 tons in the same month last year, a regional trade union announced Friday. The Black Sea Hazelnut and Products...

Turkey: Exports reach $16.13B in September

ISTANBUL Turkey saw the all-time high September export figure this year -- $16.13 billion --, Turkish trade minister announced on Friday. The country's exports increased by 4.8% on a yearly basis...

Turkey: Crude steel production up slightly in Jan-Aug

ANKARA Turkey's crude steel production this January-August rose slightly compared to the same period last year, according to a trade group. Production climbed 0.6% year-on-year to 22.7 million tons in the...

Turkey's external gross debt stock at $421.8B end-June

ANKARA  Turkey's gross external debt stock totaled at $421.8 billion as of end-June, the country’s Treasury and Finance Ministry announced Wednesday. The figure was 56.8% of Turkey's gross domestic product (GDP),...

Turkey’s exports total $12.5B in August

ANKARA Turkey's exports dropped 5.7% year-on-year in August to reach $12.5 billion, the country's statistical authority announced on Wednesday. The country's imports, on the other hand, rose 20.4% to stand at...

Turkey lowers withholding tax rates on lira deposits

ANKARA  Turkey has lowered the level of withholding tax on lira bank deposits of more than one year to zero from 10%, the Official Gazette said on Wednesday. The move aims...

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Bosnian minister says more women needed in government

BELGRADE, Serbia Bosnia and Herzegovina's first headscarf-wearing minister said Wednesday that women should be more involved in government.  "There are four women in the current cantonal...

UAE ratifies visa exemption agreement with Israel

ISTANBUL  The United Arab Emirates approved a visa exemption agreement with Israel on Wednesday, Israel’s Foreign Ministry said in a statement.  The agreement will come into...

NBA: Rockets trade James Harden to Nets

ANKARA The Houston Rockets traded James Harden to the Brooklyn Nets, NBA insider Shams Charania announced Wednesday.  “Rockets are acquiring Caris LeVert in James Harden deal...

Anadolu Agency's Morning Briefing – January 14, 2021

ANKARA Anadolu Agency is here with a rundown of the latest developments on the coronavirus pandemic and other news in Turkey and around the world.   Coronavirus...

‘Cyprus solution must be based on sovereign equality'

LEFKOSA, Turkish Republic of Northern Cyprus  An official negotiation process on the Cyprus issue can only be started for a solution based on sovereign equality,...