Turkey’s main opposition CHP voted against the motion, arguing the government failed to explain why it is needed.
Recep Tayyip Erdogan
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Turkey’s central bank delivered a massive interest rate cut on Thursday, sending the lira to a new record low.
Ankara blasts the European Commission report as based on ‘unfair criticisms and baseless claims’.
Expectations of an interest rate cut later this week, despite high inflation, are pressuring the lira.
Over the past two decades, Turkey has sought to present itself as an alternative external power in the continent.
The lira fell as much as 1.1 percent to a fresh all-time low of 9.1883 per dollar on Thursday.
Two of the officials let go had opposed the last interest rate cut which sent the lira to a new all-time low.
Turkish President Recep Tayyip Erdogan wants to buy dozens of US warplanes, sources tell Bloomberg News.
Kavala’s charges related to Gezi Park protests, 2016 coup attempt could jeopardise Turkey’s Council of Europe standing.
Erdogan is meeting his Russian counterpart in Sochi, as the split between NATO allies Turkey and the US grows.
Nightly student protests across Turkey against unaffordable rents are a sign of a wider cost of living crisis.
Turkey’s central bank slashed interest rates by a full percentage point to 18 percent.
Turkey hopes relations with the US, blighted by a litany of disputes, can be salvaged on President Erdogan’s trip.
The call comes after Erdogan met a senior UAE official to discuss economic cooperation.