Turkey

Preliminary data appears to confirm that the economic impact of the sharp lira sell-off in May will be fairly benign. Certainly, inflation has spiked - to 11.7% in June - and there... 2006-08-31

It has been a bad year for tourism in Turkey. After stellar growth in 2004 and 2005, tourist numbers have fallen markedly, with revenue in the year to June down by 3.1% to US$4.1bn.... 2006-08-31

Four bomb attacks in Marmaris and a further one in Antalya in late-August has highlighted Turkey's vulnerability to terrorism. Three people were killed, with dozens wounded which... 2006-08-31

The depreciation of the lira and the anticipated slowdown in imports as domestic demand falters will help rein in the rapidly widening current account deficit. Nonetheless, it is... 2006-08-16

With the central bank's determined moves to support the lira by raising rates sharply, the unit has now recovered somewhat, but volatility will remain over the next year, with heightened... 2006-08-16

The Turkish economy will continue to expand robustly, albeit now at a slower pace than previously anticipated, with real GNP growing by 5.3% in 2006, down from last year's impressive... 2006-08-16

On 31 July the Land Forces Commander General Yasar Buyukanit was confirmed as the new chief of general staff. While his appointment had been long expected, it came slightly earlier... 2006-08-16

With temperatures at boiling point between the secularist state bureaucracy and Islamist leaning AKP government, the appointment of the next chief of general staff pose a further... 2006-07-27

We have revised our forecast for real GNP growth for 2006 to 5.3%, down from 5.7% in light of rising interest rates and inflation. With the lending rate now at 22.5% and inflation... 2006-07-27

Two years since a unilateral ceasefire was called off by separatist Kurdish guerrillas, the Kurdistan Workers' Party (PKK), the violence continues and domestic tensions are escalating... 2006-07-27