Edition:
India

Orhan Coskun

Turkey preparing for possible U.S. sanctions over S-400s - minister

23 May 2019

ANKARA Turkey's defence minister said it was preparing for potential U.S. sanctions over its purchase of Russian S-400 missile defence systems, even while he said there was some improvement in talks with the United States over buying F-35 fighter jets.

Turkey says it will not withdraw posts in Syria after government attacks

22 May 2019

ANKARA Turkey will not evacuate its military observation post in northern Syria's Idlib, the last rebel stronghold in the region, after a suspected Syrian government attack this month, Turkish Defence Minister Hulusi Akar said.

UPDATE 2-Turkey imposes settlement delay on FX purchases more than $100,000

21 May 2019

ANKARA, May 20 Turkey's BDDK banking watchdog on Monday imposed a settlement delay for FX purchases by individuals of more than $100,000, a move that could raise concerns about capital control in the country as it looks protect the value of its local currency.

Eye on lira, Turkey abandons plan to tap central bank reserves

17 May 2019

ANKARA/ISTANBUL Turkey took more unorthodox steps on Friday to protect its beleaguered lira, including scrapping a recently-hatched plan to tap the central bank's legal reserves to boost its budget and urging banks to encourage clients to convert foreign holdings.

Turkey abandons plan to tap 40 bln lira from central bank reserves -sources

17 May 2019

ANKARA Turkey has for now abandoned a currency-boosting plan to transfer some 40 billion lira (£5.1 billion) from the central bank's legal reserves to the Treasury, two sources close to the issue told Reuters on Friday.

Turkey's election board under pressure to explain Istanbul vote annulment

16 May 2019

ANKARA Ten days after it annulled Turkey's most dramatic election upset in years, the country's electoral authority faces a barrage of questions from opposition parties who say there was no legal basis to cancel the vote.

Turkey's election board under pressure to explain Istanbul vote annulment

16 May 2019

* Opposition says decision weakened checks on presidential power

Exclusive: Turkey plans to tap 40 billion lira from central bank reserves - sources

13 May 2019

ANKARA Turkey's Treasury ministry is working on legislation to transfer the central bank's 40 billion lira ($6.6 billion) in legal reserves to the government's budget to shore it up, three economic officials told Reuters.

Exclusive - Turkey plans to tap 40 billion lira from central bank reserves: sources

13 May 2019

ANKARA Turkey's Treasury ministry is working on legislation to transfer the central bank's 40 billion lira ($6.6 billion) in legal reserves to the government's budget to shore it up, three economic officials told Reuters.

Damascus presses Idlib attack, artillery hits Turkish position

05 May 2019

BEIRUT/ANKARA Syrian government forces and their Russian allies pounded the rebel-held northwest of Syria with air strikes on Saturday, sources in the area said, as artillery hit a Turkish military position there, underlining the risk of wider escalation.

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