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Turkey Central Bank Cuts Rates

Turkey's central bank lowers benchmark interest rate to 45%

Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 45% on Thursday, in its second rate cut in as many months as official figures showed inflation was easing. The bank’s Monetary Policy Committee said it was reducing its benchmark one-week repo rate to 45% from the current 47.

Reuters · 19h

Turkey cenbank cuts rates by 250 points to 45% as expected

Turkey's central bank cut its key interest rate by 250 basis points to 45% as expected on Thursday, carrying on an easing cycle it launched last month alongside a decline in annual inflation that is seen continuing through the year end.

The Wall Street Journal on MSN · 19h

Turkey Central Bank Cuts Rates Again as Inflation Cools

The central bank reduced its one-week repo rate to 45% from 47.5% as a cycle of higher borrowing costs bore fruit in cooler price rises.

Business Insider · 18h

Turkey Central Bank Slashes Rate For Second Straight Time

Turkey's central bank slashed its benchmark rate by 250 basis points for the second straight meeting on Thursday as inflation slowed

Seeking Alpha on MSN · 15h

Turkey cuts policy rate after indicators point to an increase in inflation

Turkey's central bank has lowered its policy rate by 250 basis points to 45% from 47.5%, according to a Thursday, January 23, statement. "While the underlying trend of inflation decreased in December,

Turkey mourns hotel fire dead

Reuters on MSN · 17h

Deadly Turkey hotel fire sparks safety concerns and political blame game

Outrage over alleged safety failures at a 12-storey hotel in Turkey has escalated into a political clash between the government and the opposition-run local authorities, after a fire killed 79 people and injured more than 50.

BBC on MSN · 1d

Turkey mourns hotel fire dead as efforts to identify them continue

A day of mourning is under way in Turkey for the 76 victims of a fire that engulfed a popular ski resort hotel in the country's north-west. The fire broke out at the wooden-clad 12-storey Grand Kartal Hotel in Bolu at 03:27 local time (00:27 GMT) during a busy holiday period when 234 people were staying there. It took 12 hours to put out.

Associated Press · 2d

Survivor recounts frantic escape from deadly fire at ski resort hotel in northwestern Turkey

A survivor of a fire that raged through a 12-storey hotel at a popular ski resort in northwestern Turkey described his frantic escape.

2don MSN

At least 76 people killed in a hotel fire at a ski resort in Turkey

Officials in Turkey say that a fire has raged through a 12-story hotel at a popular ski resort in the northwestern part of ...

1don MSN

Dozens killed as fire breaks out at ski resort hotel in northwestern Turkey

At least 66 people were killed and 51 injured as a fire ripped through a ski resort hotel in northwestern Turkey on Tuesday, ...

Global Voices Online57m

In Turkey a fire at a skiing resort hotel once again highlights a history of negligence

Other experts who spoke to the media explained that, given the death toll, the likelihood of the hotel having properly ...

1don MSN

Turkey detains 11 over ski resort hotel fire that killed 79

Turkey has detained 11 people as part of an investigation into a fire that killed 79 people and injured dozens at a ski ...

17hon MSN

Commercial flights between Turkey and Syria resume after 13 years

Commercial flights between Turkey and Syria have resumed after 13 years with a Turkish Airlines flight from Istanbul to ...

At Least 76 Are Killed in Fire at Ski Resort in Turkey

The pre-dawn blaze broke out at a popular resort during a school break. Some survivors spoke of terrifying escapes.

Foreign Affairs1h

Don’t Let Geopolitics Ruin Syria’s Transition

The rebel offensive benefited from careful preparation and the support of Turkey, which occupies territory in Syria’s north ...

Hosted on MSN1h

Kallas cites Cyprus among ‘issues’ facing Turkey’s EU candidacy

European Union foreign policy chief Kaja Kallas on Thursday cited Cyprus among a number of issues facing Turkey’s candidacy to join the EU.Speaking to Turkey’s Anadolu Agency ahead of a visit to ...

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Turkey Central Bank Cuts Rates

Turkey mourns hotel fire dead

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