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The public-private partnership (PPP) model has become a prominent form of public investment in Turkey during the 17-year rule of the Justice and Development Party (AKP), used in key projects…Read more →

The Turkish Statistics Institute (TUIK) is yet to release income distribution figures for 2019, but the Global Wealth Report by the financial giant Credit Suisse puts Turkey among the countries that saw…Read more →

When Turkey launched Operation Peace Spring into northeastern Syria on Oct. 9, one of the objectives cited was the creation of a safe zone to accommodate a good part of the nearly 3.7 million Syrian refugees…Read more →

The sanctions Washington slapped on Ankara last week over its military operation in northeastern Syria failed to produce the currency shock that President Donald Trump had hoped for, drawing on…Read more →

Ankara’s launch of a long-expected military move into Kurdish-held areas in northeastern Syria has worsened the prospects of the already ailing Turkish economy, drawing threats of sanctions by the United States and…Read more →

German automotive giant Volkswagen — still reeling from an emissions fraud scandal that has earned it hefty penalties and a mammoth class action lawsuit — is gearing up for a major investment in Turkey, eager to continue profiting…Read more →

ARTICLE SUMMARYHaving borrowed 1 billion euros from foreign lenders, Turkey’s controversial sovereign wealth fund has turned to rescuing troubled construction companies. REUTERS/Murad Sezer/File PhotoSarphan Finans Park (L), a project as part…Read more →

Turkey’s gross domestic product shrank 1.5% year-on-year in the second quarter, according to official figures released this week, with a dramatic decrease in investments standing out as a major driver of the…Read more →

Turkey’s ruling Justice and Development Party (AKP), in power since 2002, has seen a sharp decline in its political fortunes over the past year, with the crisis bruising the country…Read more →