Turkey’s economy is facing one of its toughest moments in modern history. With sky-high inflation, a collapsing lira, and shrinking foreign reserves, the country is dangerously close to an ...

Turkey jacked up its inflation forecasts and cut those of economic growth on Wednesday, as President Tayyip Erdogan appeared to endorse the big interest rate hikes that are driving a turnaround ...

Turkey’s central bank almost doubled interest rates to 15% Thursday in a dramatic reversal of its unorthodox policy of cutting the cost of borrowing to tame painfully high inflation.

Under Turkey’s President Recep Tayyip Erdogan, rates have been slashed aggressively in recent months—by 500 basis points—on worries of a slowing economy.

Maps show how every province in Turkey voted so far. Recep Tayyip Erdogan, Turkey’s longtime leader, was headed to a presidential election runoff for the first time.

At the 17th BRICS Summit in Rio, Turkey's Foreign Minister Hakan Fidan delivered a chilling warning: Israel’s unchecked ...

The devastation caused by Turkey's massive earthquakes is expected to slow economic growth.

More than 1,100 people have been arrested in Turkey's nationwide protests since demonstrations began on March 19, Turkish authorities said Monday, as political and economic instability grips the ...

The US appears to be now treading the familiar path that recently got emerging market economy of Turkey into economic trouble. The US is increasingly disregarding central bank independence, ...

KAHRAMANMARAS, Turkey—The earthquakes that devastated Turkey and Syria last week are heaping new stresses on the Turkish economy, posing a challenge for President Recep Tayyip Erdogan who is ...

Ezgi Erkoyun, currently a correspondent with Reuters in Turkey, focuses on breaking and economy news. She previously reported for Reuters Gdansk hub in Poland before relocating to Istanbul in 2018 ...

ISTANBUL (Reuters) -Turkey's economy grew less than expected in the second quarter, expanding an annual 2.5% in the face of a year-long monetary tightening campaign, data showed on Monday, but the ...