Turkey's opposition worries as Istanbul votes go to recount

2019-04-05 22:08

The mood among opposition supporters in Turkey's biggest city is one of jubilation but also worry that their win in mayoral elections over the weekend could be overturned after President Recep Tayyip Erdogan's governing party challenged the results.

The Turkish lira is diving after a warning from Moody's - and it's dragging the rand down with it

2018-08-29 13:10

"There is a heightened risk of a downside funding scenario, where a deterioration in investor sentiment limits access to market funding," Moody's said, noting that "Turkish banks are highly reliant on foreign currency funding."

Trump's fight with Turkey is helping Russia and Iran

2018-08-19 17:53

NATO's largest standing army in Europe is now cosying up to Iran and indebted to Qatar.

Turkey's lira is rallying after a $15 billion loan from Qatar

2018-08-16 11:03

It is helping to boost the embattled rand.

A simple misunderstanding between Trump and Erdogan may have tanked Turkey's economy

2018-08-14 15:26

Andrew Brunson, an imprisoned evangelical, became a flashpoint in Turkish-US relations.

Turkey could solve its banking crisis with a massive hike in interest rates — but Erdogan is ideologically against it

2018-08-13 13:56

Analysts agree that an easy fix would be to raise interest rates by as much as 10 percentage points, encouraging investors to put more money in Turkish banks. This is unlikely to happen given that Turkish President Tayyip Erdogan has called interest rates "evil."

The Turkish lira is sinking so fast it risks 'smashing into the ground' — and people are worried about European contagion

2018-08-13 07:44

A 10% plummet also dragged down the rand, which breached R15 to the dollar before recovering somewhat.

The Turkish lira jumps after Erdogan's election victory

2018-06-25 15:36

The Turkish lira climbed on Monday following news of another election victory for Turkish President Recep Tayyip Erdogan and a parliamentary majority for an alliance led by his party.

Turkey holds 26 generals, including ex-air chief, over coup

2016-07-19 13:40

A Turkish court has remanded in custody 26 senior generals on charges of playing a role in the failed coup aimed at toppling President Recep Tayyip Erdogan, state media said on Tuesday.

Syrian army advances towards Turkish border

2016-02-07 21:37

Syrian government troops are advancing to a rebel town near the Turkish border with the help of a Russian-backed offensive.

Watch: How to braai a turkey for Christmas

It's a lot easier than you think.

0 comments14991 Views

Reserve Bank will watch Turkey closely in case SA catches its economic flu

2018-08-20 20:47

CEO of the Geneva Management Group, Dave Elzas told Fin24 that international investors get cold feet due to global markets often reacting by asset class or bracket.

One trader lost R285 million on the Turkey turmoil — here are the winners and losers from the crisis

2018-08-16 15:16

The senior Barclays trader lost millions over three days.

'Getting the dollar wrong is deadly': A rapid rise in the dollar could cause a domino effect across emerging markets

2018-08-16 10:45

A rallying dollar has been clobbered emerging market currencies this year, and analysts warn it could soon appreciate further and faster.

This is why Turkey is in meltdown – and why it is dragging the rand down with it

2018-08-13 14:12

Turkey has grown at breakneck pace and amassed debt in the process. Now, 8,000km away, South Africa is one of the countries paying the price.

'Clear risks of contagion': European markets drop as Turkey's lira crisis spreads around the world

2018-08-13 10:55

Spain and Italy are leading losses, down around 1% each. Elsewhere, losses are hovering between 0.5% and 0.8%, as investors continue to digest last week's 25% fall in the currency.

Turkey mark second anniversary of defeated coup attempt!

2018-07-16 12:24

TURKEY is slowly becoming one of the places to watch in the world with its development and willingness to open doors to other countries.

How to cook a (somewhat) traditional Christmas feast for two

2017-12-20 10:39

Because let’s face it - Christmas is the one occasion where it’s actually easier to cook for a crowd than a couple.

Turkey BLT club sandwich with jalapeno mayo

2016-06-21 15:48

A great way of getting rid of turkey leftovers!

Russia takes revenge in Syria

2015-11-26 21:11

Russia says its forces have wiped out Syrian rebel groups operating in the area where one of its jets was brought down.

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