Tayyip Erdogan

Turkish President Recep Tayyip Erdogan (R) speaks to announce the net minimum wage will be raised by 50 percent starting next year, next to Turkish Minister of Labor and Social Security Vedat Bilgin at the Presidential Complex in Ankara, Turkey on December 16, 2021. Adem ALTAN / AFPTurkey’s troubled lira…

Turkish President Tayyip Erdogan addresses the audience as he attends a ceremony in Istanbul, Turkey, December 19, 2021. Murat Cetinmuhurdar/Presidential Press Office/Handout via REUTERS ANKARA, Dec 20 (Reuters) - Turkish President Tayyip Erdogan introduced a series of measures that aimed to prevent further dollarisation and encourage savings to be made…

Turkish President Tayyip Erdogan addresses the audience as he attends a ceremony in Istanbul, Turkey, December 19, 2021. Murat Cetinmuhurdar/Presidential Press Office/Handout via REUTERS Register now for FREE unlimited access to Reuters.comErdogan repeats opposition to high interest ratesIs under fire over currency meltdown, rising costsPresident says problems not due to…

Turkey will send 15 million Covid-19 vaccine doses to Africa, President Recep Tayyip Erdogan announced on Saturday at a major summit of the continent's leaders, adding that the low vaccination rates there were a blot on humanity. Ankara has invested heavily in developing trade and diplomatic ties with the world's…

RIZE, Turkey—Here in President Recep Tayyip Erdogan’s hometown on Turkey’s Black Sea coast, residents are questioning the leadership of their city’s favorite son amid an economic crisis that is driving up the cost of food, gasoline and medicine. Turkey’s currency has lost as much as 45% of its value this…

ISTANBUL (AP) — Turkish President Recep Tayyip Erdogan described social media Saturday as one of the main threats to democracy. Erdogan’s government plans to pursue legislation to criminalize spreading fake news and disinformation online, but critics say the proposed changes would tighten restrictions on free speech. “Social media, which was…

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ANKARA, Turkey (AP) — Turkey’s beleaguered currency has been plunging to all-time lows against the U.S. dollar and the euro in recent months as President Recep Tayyip Erdogan presses ahead with a widely criticized effort to cut interest rates despite surging consumer prices. As a result, families are struggling to…

ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan appointed a new treasury and finance minister Thursday after the previous one stepped down as the country’s currency has tumbled to record lows. Erdogan named deputy minister Nureddin Nebati to the post, according to an announcement published in the Official Gazette.…

ISTANBUL—Turkey’s central bank moved Wednesday to prop up the country’s collapsing currency, selling foreign reserves after the lira reached new lows following comments by President Recep Tayyip Erdogan in defense of his unorthodox economic policies. The lira rebounded after the bank said it was taking action to address “unhealthy price…