Topline Twitter was fined by Turkey’s antitrust regulator Monday for failing to seek its permission before Elon Musk’s $44 billion takeover. Elon Musk’s $44 billion acquisition of Twitter was un...
Tag: Turkeys
Breaking: Elon Musk Fined Over Twitter Acquisition By Turkey’s Competition Board
Turkey’s Competition Board on Monday said it has fined billionaire Elon Musk over the Twitter takeover last year. The Turkish Competition Board claims the Twitter takeover happened without the b...
Turkey’s Endless Tinkering in Markets Is Driving Investors Away
(Bloomberg) — Before last week, the stock market was one of Turkey’s last economic pillars that was largely free from the political whims of the state. That’s not the case any more. Most Read fr...
Turkey’s Earthquakes Shake Up The Energy And Political World
apartment building in Van (TURKEY) after earthquake getty In rapid succession during the morning of February 6, Eastern Turkey and its environs were hit by first, a magnitude 7.8 earthquake and, then,...
Turkey’s Erdogan declares state of emergency for earthquake-hit regions
Turkey’s President and leader of the Justice and Development (AK) Party Recep Tayyip Erdogan delivers a speech during his partys group meeting at the Turkish Grand National Assembly (TGNA) in An...
Crypto exchanges pledge to aid Turkey’s earthquake victims
Following a devastating earthquake that has killed over 1,700 people so far and razed parts of Turkey and Syria to the ground, support from the cryptocurrency sector is pouring in, and multiple crypto...
Turkey’s Central Bank Commences First CBDC Pilot Test
Altcoin News Research into the economic and legal framework of the CBDC will be prioritized. The central bank hopes to add additional banks and fintech companies. Central Bank digital currencies (CBDC...
Turkey’s Central Bank has more in store for CBDCs in 2023
The Central Bank of the Republic of Turkey indicated that it would release the digital lira by 2023. The CBDC would be connected to several government and centralized operations. The first experimenta...
Turkey’s Central Bank wraps up its first CBDC test
2022 has been a difficult year for the crypto industry. Despite this, a number of industry participants have embraced cryptography and blockchain technology in light of sufficient proof that it works....
Turkey’s central bank completes first CBDC test with more to come in 2023
The Central Bank of the Republic of Turkey (CBRT) has completed the first trial of its central bank digital currency (CBDC), the Digital Turkish Lira, and has signaled plans to continue testing throug...
Turkey’s Central Bank says digital lira tests will continue in 2023
Turkey’s central bank said Thursday that it successfully carried out the first payment transactions on the Digital Turkish Lira Network as part of first-phase studies. The central bank wil...
How Turkey’s Latest Actions Could Fatally Undermine Its Yearlong Bid For New F-16s
In a mere week, Turkey attacked the United States’ Kurdish allies in Syria, endangered U.S. troops, and again doubled down on its contentious purchase of an advanced Russian air defense system. Such a...
Turkey’s New Flagship Will Carry Unique Aircraft
As Turkey prepares to launch its new flagship, the amphibious assault ship TCG Anadolu (L-400), two concurrent developments have shone a light on the types of aircraft it will eventually carry. It goe...
S&P 500: Do You Own The Year’s 12 Biggest Stock Market Turkeys?
It’s been a bad year for most S&P 500 investors. But it’s been a disaster for those who owned the biggest turkeys. X So far this year, 12 stocks in the S&P 500 are the biggest turk...
Turkey’s Financial Intelligence Unit Launches Investigation Into FTX Collapse – Exchanges Bitcoin News
The Turkish agency responsible for tackling money-related crime has initiated an investigation against troubled crypto exchange FTX. Days after the trading platform filed for bankruptcy in the United ...
While Official Figures Claim Turkey’s Inflation Rate Is 85%, Third-Party Stats Say It’s Closer to 200% – Coinotizia
Inflation has skyrocketed in Turkey as official figures from the Turkish Statistical Institute (Tüik) show the country’s inflation rate topped 85.5% year-on-year. The inflation rate in Turkey has rise...
While Official Figures Claim Turkey’s Inflation Rate Is 85%, Third-Party Stats Say It’s Closer to 200% – Economics Bitcoin News
Inflation has skyrocketed in Turkey as official figures from the Turkish Statistical Institute (Tüik) show the country’s inflation rate topped 85.5% year-on-year. The inflation rate in Turkey has rise...
Iran May Hope To Replicate Turkey’s Success Exporting Drones. Here’s Why It Can’t.
Recent comments from top Iranian officials strongly suggest that Tehran perceives itself as a rapidly ascending arms exporter, especially of drones. In reality, Iran, at least under the incumbent regi...
Tayfun Test-Firing Puts Spotlight On Turkey’s Ballistic Missile Program
Turkey’s test-firing of a new short-range ballistic missile (SRBM) over the Black Sea on Oct. 18, 2022, is a reminder that Ankara possesses a significant arsenal of such missiles. It also indica...
Turkey’s Inflation Is Wild. Markets Are Surging
Turkey may be the strangest market in the global economy. Led by strongman President Recep Tayyip Erdogan, the country’s inflation tops 80% and its credit has been downgraded repeatedly, now sitting a...
Avian Flu Will Pump Up Prices Of Thanksgiving Turkeys
Sky-high inflation and a persistent outbreak of the viral avian flu is driving up the costs to produce turkey this year while threatening the supply. In Meeker County, Minnesota, at the end of August,...
Turkey’s Inflation Exceeds 80% in Worst Price Blowout Since 1998
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Turkish inflation exceeded 80% for the first time since Se...
Consumers accepting CBDCs is like turkeys voting for Christmas
A recent survey commissioned by Crypto.com shows that nearly 87% of respondents agreed that consumer demand for CBDCs has increased over the previous 3 years, and 83% agreed that greater international...
No Anchor Left for Turkey’s Inflation as It Nears 80% Peak
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg One of the world’s worst inflation crises closed in furthe...
Turkey’s Erdogan Told Allies It Will Say ‘No’ To Finland And Sweden’s NATO Bids, In His Most Definitive Statement Yet
Topline Turkish President Recep Tayyip Erdogan said Thursday that Turkey will reject Finland and Sweden’s NATO bids, delivering a potential blow to the two countries’ applications for membership one d...
Turkey’s Inflation Rate Surges to 70%, Monthly Rate of Change Now 7.25% – Economics Bitcoin News
The latest data from the Turkish Statistical Institute (TSI) shows that rising transportation and food costs were some of the key factors contributing to the surge in the country’s inflation rate to 7...
What Russia’s Invasion Of Ukraine Could Mean For Turkey’s Drone Program
Russia’s invasion of Ukraine could negatively impact the future of Turkey’s drone program. After all, Ankara and Kyiv have grand plans to expand bilateral cooperation to build drones toget...