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12° Nicosia,
29 May, 2023
 

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Displaying results 1-30 of 41 matches for query lira.

1. Saudi Arabia puts $5 billion into Turkish central bank

https://knews.kathimerini.com.cy/en/news/saudi-arabia-puts-$5-billion-into-turkish-central-bank

Saudi Arabia said Monday it deposited $5 billion into the Turkish central bank, likely helping Ankara firm up its long-weakening currency, the lira, after last month’s massive earthquake that struck southeast Turkey and northern Syria....

2. Death toll tops 17,000 as hopes fade for survivors

https://knews.kathimerini.com.cy/en/news/death-toll-tops-17-000-as-hopes-fade-for-survivors

Rescuers pulled more survivors from beneath the rubble of collapsed buildings Thursday but hopes were starting to fade of finding many more people alive more than three days after catastrophic earthquakes and a series of aftershocks hit Turkey and Syria, killing more than 17,000....

3. Economic events that will be remembered in 2022

https://knews.kathimerini.com.cy/en/news/economic-events-that-will-be-remembered-in-2022

The energy crisis, which intensified after Russia's invasion of Ukraine and resulted in skyrocketing gas prices, took the lead throughout the year....

4. What is causing the unexpected drop in global food prices?

https://knews.kathimerini.com.cy/en/news/what-is-causing-the-unexpected-drop-in-global-food-prices

Six months after Russia's invasion of Ukraine, the inflationary shock is still causing a "headache" for markets, government staff and households, with the price of natural gas hitting new record levels yesterday....

5. Turkish inflation surges to nearly 80%

https://knews.kathimerini.com.cy/en/business/turkish-inflation-surges-to-nearly-80

Turkish inflation rose to a fresh 24-year high of 79.6% in July, data showed on Wednesday as the lira’s continued weakness and global energy and commodity costs pushed prices higher, though the price rises came out below forecasts....

6. Russia sending money to Turkey for the $20 Billion Akuyo nuclear plant

https://knews.kathimerini.com.cy/en/news/russia-sending-money-to-turkey-for-the-$20-billion-akuyo-nuclear-plant

A Russian state-owned company is transferring money to a subsidiary that’s building a $20 billion nuclear power plant on Turkey’s Mediterranean coast, alleviating concerns the project could be delayed by war sanctions....

7. Guterres: 'More direct contact between the two communities is needed'

https://knews.kathimerini.com.cy/en/news/guterres-more-direct-contact-between-the-two-communities-is-needed

UN Secretary-General Antonio Guterres has urged the leaders in Cyprus, President Nicos Anastasiades and Turkish Cypriot leader Ersin Tatar to encourage more direct contact and cooperation between the two communities, expressing his concern about the likelihood that the already difficult climate between the parties could worsen....

8. Inflation in Turkey spikes to almost 70%

https://knews.kathimerini.com.cy/en/news/inflation-in-turkey-spikes-to-almost-70

Inflation in Turkey reached record levels of almost 70% in April, rising by 8.83 points in a month, according to official statistics released today....

9. Cashing in: No payment problems for Russian tourists in Turkey

https://knews.kathimerini.com.cy/en/news/turkey-expands-usage-of-mir-to-circumvent-payment-problems-for-russian-tourists

Turkey is trying to attract more Russian tourists by expanding the usage of the Russian Mir payment system in Turkey as it seeks to bypass the payment bottleneck created by Western sanctions....

10. Rising anger with Turkey drives calls for reunification in crisis-hit northern Cyprus

https://knews.kathimerini.com.cy/en/news/rising-anger-with-turkey-drives-calls-for-reunification-in-crisis-hit-northern-cyprus

In his sun-filled office in north Nicosia, Şener Elcil is plotting his next protest. Anger, he says, is in the air in Turkish-occupied northern Cyprus....

11. Turkey’s inflation hits a 19-year high of 36%

https://knews.kathimerini.com.cy/en/news/turkey-s-inflation-hits-a-19-year-high-of-36

Turkey’s yearly inflation climbed at the fastest pace in 19 years, jumping to 36.08% in December, official data showed on Monday....

12. What's left for the Turkish Cypriot economy after 2021

https://knews.kathimerini.com.cy/en/news/what-s-left-for-the-turkish-cypriot-economy-after-2021

Shortly before the pandemic began, Turks and foreign analysts warned of the effects of the Erdogan government's wrong moves and decisions on the economy....

13. Financial turmoil hits Turkish Cypriots

https://knews.kathimerini.com.cy/en/news/financial-turmoil-hits-turkish-cypriots

Serious side effects from the lira's plunge–Basic food products are becoming more expensive ...

14. Turkish lira whiplashes after Erdogan moves to protect savings

https://knews.kathimerini.com.cy/en/news/turkish-lira-whiplashes-after-erdogan-moves-to-protect-savings

Turkey's lira rocketed back from record lows in volatile trading on Tuesday after Turkish President Tayyip Erdogan proposed measures to protect local currency savings against such swings....

15. Turkish lira resumes slide to 17.5 against the dollar

https://knews.kathimerini.com.cy/en/news/turkish-lira-resumes-slide-to-17-5-against-the-dollar

The Turkish lira continued its freefall after President Recep Tayyip Erdogan rejected warnings from businesses about the dangers of recent interest rate cuts and vowed there was “no going back” from his approach....

16. Erdogan should focus on his economy, not Greece

https://knews.kathimerini.com.cy/en/comment/opinion/erdogan-should-focus-on-his-economy-not-greece

With the Turkish lira continuing its precipitous slide, the risk of capital controls looming dangerously and Recep Tayyip Erdogan’s legal adviser even going so far as to consider that declaring a state of emergency might be needed...

17. Turkish lira blows through 15 to dollar ahead of rate decision

https://knews.kathimerini.com.cy/en/news/turkish-lira-blows-through-15-to-dollar-ahead-of-rate-decision

The Turkish lira dropped to an all-time low beyond 15 against the dollar on Thursday ahead of another expected interest rate cut by the central bank, which has fallen in line with President Tayyip Erdogan’s risky new economic program....

18. The cost of Erdogan’s behavior

https://knews.kathimerini.com.cy/en/comment/opinion/the-cost-of-erdogan-s-behavior

Driven by arrogance and his neo-Ottoman ambitions, Recep Tayyip Erdogan behaves as if Turkey is some sort of unbound superpower which is immune to criticism...

19. Turkish clothes makers see orders shifting from coronavirus-hit China

https://knews.kathimerini.com.cy/en/news/turkish-clothes-makers-see-orders-shifting-from-coronavirus-hit-china

Several fashion retailers that manufacture clothing in coronavirus-hit China are in talks with Turkish firms about shifting production to Turkey, two sector officials told Reuters, with one predicting new orders worth up to $2 billion....

20. First parts of Russian S-400 system delivered to Turkey

https://knews.kathimerini.com.cy/en/news/first-parts-of-russian-s-400-system-delivered-to-turkey

Turkey’s purchase of the Russian defense systems, which Washington says are not compatible with NATO’s defense network, is one of a series of issues which have put the allies at odds. ...

21. Lira falls as Washington weighs sanctions against Turkey

https://knews.kathimerini.com.cy/en/news/lira-falls-as-washington-weighs-sanctions-against-turkey

22. Turkey says would retaliate against US sanctions over Russian S-400s

https://knews.kathimerini.com.cy/en/news/turkey-says-would-retaliate-against-us-sanctions-over-russian-s-400s

23. Cyprus 'one of the success stories of ESM'

https://knews.kathimerini.com.cy/en/news/cyprus-one-of-the-success-stories-of-esm

24. Erdogan pays electoral price for Turkey's tumbling economy

https://knews.kathimerini.com.cy/en/news/erdogan-pays-electoral-price-for-turkey-s-tumbling-economy

25. Businessman gunned down in north Nicosia

https://knews.kathimerini.com.cy/en/news/businessman-gunned-down-in-north-nicosia

A local businessman in the north was gunned down on Wednesday with reports speculating the killers possibly fled to the south with half a million in cash...

26. Tsipras says Greece does not welcome coupists, but respects judicial rulings

https://knews.kathimerini.com.cy/en/news/tsipras-says-greece-does-not-welcome-coupists-but-respects-judicial-rulings

Greece does not welcome coupists but the case of eight soldiers who fled to the country after a failed 2016 coup attempt against Turkish President Tayyip Erdogan is a matter of the judiciary, Prime Minister Alexis Tsipras said on Tuesday....

27. Conscientious objector walks free

https://knews.kathimerini.com.cy/en/news/halil-walks-free

A Turkish Cypriot conscientious objector has been released from prison after serving just three days of his 20-day sentence, after refusing to pay a fine to get out of army reserve duty...

28. Conscientious objector booked into jail

https://knews.kathimerini.com.cy/en/news/conscientious-objector-booked-into-jail

Turkish Cypriot conscientious objector Halil Karapasaoglu is heading to prison to serve his sentence, after refusing to pay a fine to get out of army reserve duty...

29. Unofficial report says UNFICYP stays

https://knews.kathimerini.com.cy/en/news/unofficial-report-says-unficyp-stays

30. Trump threatens Turkey with economic devastation if it attacks Kurds

https://knews.kathimerini.com.cy/en/news/trump-threatens-turkey-with-economic-devastation-if-it-attacks-syrian-kurd-militia
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