A new analysis by RMI in partnership with the Bezos Earth Fund, reveals that surging solar, wind and battery capacity out to 2030 is now in line with ambitious net-zero scenarios.
Fiscal pressures mount amid country’s severe economic crisis.
In monetary tightening, meanwhile, government may have decided to tighten grip by end of year prior to delivering new year relief ahead of local elections.
Electronic money firm with 16mn active users valued at over $1bn.
Erdogan has agreed to ensure Sweden's accession to Nato, contingent on Sweden's commitments to counter-terrorism efforts against the PKK, raising fears of potential deportations and human rights violations against Kurdish residents.
Record deployment of clean energy technologies such as solar PV and batteries is propelling unprecedented growth in critical minerals markets, according to a new report by the International Energy Agency.
Vehicles in Turkey are sold on the black market. Analysts link the strong demand for cars in Turkey to the country’s current difficult economic environment, where consumers see vehicles as a safer asset bet against inflation.
In another diplomatic own goal, Hungary could now be last Nato member to approve Swedish accession.
Turkey’s ruling Justice and Development Party (AKP) has filed an omnibus bill with Parliament that includes an article to automatically hike the special consumption tax (OTV/SCT) on fuel products.
US President Joe Biden congratulated his Turkish counterpart Recep Tayyip Erdogan on the agreement he reached with Swedish PM Ulf Kristersson and Nato Secretary-General Jens Stoltenberg regarding Sweden’s Nato accession.
Turkey will transmit the protocol for Sweden’s accession to Nato to its parliament and it will work closely with the parliament to ensure ratification, Nato said on June 10 in a statement.
Ukraine has proved in real time under real conditions that it is militarily ready for membership.
Turkey’s energy watchdog EPDK has hiked the price ceiling on the Day Ahead Market at Energy Exchange Istanbul (EPIAS) to TRY2,700/MWh from TRY2,600/MWh, effective as of July 1, the authority said on July 3.
Some leaders of Emerging Europe and Central Asia led their countries for decades. bne IntelliNews ranks them by their time in power.
Inflows likely to be from tactical investors betting on Turkish stocks, rather than longer-term strategic investors.
US President Joe Biden is looking forward to Sweden’s stalled Nato membership bid winning final approval, he has told Swedish PM Ulf Kristersson on July 5 during a meeting at his office in Washington.
wiiw forecasts economic slowdown caused by a combination of declining real incomes, the recession in Germany and elevated energy prices.
Turkey’s official consumer price index (CPI) inflation stood at 38% year on year in June versus 40% y/y in May, the Turkish Statistical Institute (TUIK, or TurkStat) said on July 5.