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Turkish Central Bank Governor Hafize Gaye Erkan - 1 Recep Tayyip Erdogan — - 1 — - 1 Hafize Gaye Erkan - 1
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Turkish Central Bank Governor - 1 Wall Street - 1

Search resuls for: "Recep Tayyip Erdogan —"


6 mentions found


☆ Turkey's central bank hikes key interest rate to 35%
  + stars: | 2023-10-26 | by ( Jenni Reid | ) www.cnbc.com   time to read: +1 min
Turkish Central Bank Governor Hafize Gaye Erkan answers questions during a news conference for the Inflation Report 2023-III in Ankara, Turkey on July 27, 2023. Turkey's central bank on Thursday hiked its key interest rate from 30% to 35%, in an ongoing bid to rein in inflation. The turnaround began in June, when Turkey's President Recep Tayyip Erdogan — who spearheaded the controversial policy stance — appointed former Wall Street banker Hafize Gaye Erkan as new central bank governor. The key interest rate has been hauled up from 8.5% since then, and economists argue it needs to go further. Inflation is forecast by the central bank to reach just over 60% by the end of 2023, while the Turkish lira has plummeted, making imports more expensive.
Persons: Turkish Central Bank Governor Hafize Gaye Erkan, Recep Tayyip Erdogan —, —, Hafize Gaye Erkan Organizations: Turkish Central Bank Governor, Reuters, Wall Street Locations: Ankara, Turkey, Turkey's
☆ A Pillar of Erdogan’s Victory: Devout Conservative Women
  + stars: | 2023-05-30 | by ( Ben Hubbard | Safak Timur | Elif Ince | ) www.nytimes.com   time to read: +1 min
Ten years ago, Emine Kilic, was focused on raising her two children at home in Istanbul when she decided to set up her own clothing company to help support her family. Her business, started with an interest-free government-backed loan for female entrepreneurs, now employs 60 people and exports to 15 countries, said Ms. Kilic, who has an elementary-school education. She credited a powerful motivator who inspired her to transform her life — President Recep Tayyip Erdogan — calling him a champion for women. “Thanks to my president, I became the boss of my own company,” said Ms. Kilic, 38. To beat back the most serious political threat to his two-decade tenure as Turkey’s dominant politician, Mr. Erdogan counted on the fervent support of an often underappreciated constituency: conservative religious women.
☆ Opinion: Why Erdogan’s win isn’t all it seems
  + stars: | 2023-05-29 | by ( Opinion Ruth Ben-Ghiat | ) edition.cnn.com   time to read: +8 min
In the run-up to the first round of voting, Erdogan’s interior minister, Süleyman Soylu, tellingly likened the election to the 2016 attempted coup. Off the back of Erdogan’s win, we can expect Turkey to draw even closer to Russia, which supplies more than one-third of its petroleum and oil products. So look for Erdogan to follow whatever geopolitical path benefits his Russian patron, including continued opposition to Sweden joining NATO. Erdogan’s economic policies have contributed to horrific inflation: over 80% in October, a 24-year record, and still at 44% last month. For all his bluster about modernizing Turkey, Erdogan has created an environment of fear, hostility and economic hardship.
☆ As Chances of Finding Earthquake Survivors Dwindle, Turkey and Syria Focus on Recovery
  + stars: | 2023-02-11 | by ( Benoit Faucon | Stephen Kalin | ) www.wsj.com   time to read: 1 min
ADIYAMAN, Turkey—Authorities in Turkey and Syria raced on Saturday to provide shelter for tens of thousands of people left homeless by Monday’s massive earthquakes as a top United Nations official warned that the death toll could double from the current count of more than 24,000. Rescue teams continued to pull survivors and bodies from the rubble of destroyed buildings, and Turkish President Recep Tayyip Erdogan —whose government is facing increasing anger over the pace of relief efforts—pledged a large-scale effort to rebuild.
☆ As Chances of Finding Earthquake Survivors Dwindle, Turkey, Syria Focus on Recovery
  + stars: | 2023-02-11 | by ( Benoit Faucon | Stephen Kalin | ) www.wsj.com   time to read: 1 min
ADIYAMAN, Turkey—Authorities in Turkey and Syria raced on Saturday to provide shelter for tens of thousands of people left homeless by Monday’s massive earthquakes as a top United Nations official warned that the death toll could double from the current count of more than 24,000. Rescue teams continued to pull survivors and bodies from the rubble of destroyed buildings, and Turkish President Recep Tayyip Erdogan —whose government is facing increasing anger over the pace of relief efforts—pledged a large-scale effort to rebuild.
☆ Earthquake Recovery Takes Center Stage in Turkey, Syria as Chances of Finding Survivors Narrow
  + stars: | 2023-02-11 | by ( Benoit Faucon | Stephen Kalin | ) www.wsj.com   time to read: 1 min
ADIYAMAN, Turkey—Officials in northern Syria and parts of Turkey have shifted their focus to clearing rubble and sheltering the tens of thousands of people left homeless by two earthquakes that shook the region Monday, as the death toll rose to more than 24,000. Meanwhile, Turkish President Recep Tayyip Erdogan —whose government is facing anger at the slowness of rescue efforts—pledged a large-scale effort to rebuild.
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