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Ali Kucukgocmen

UPDATE 2-Turkish minister shrugs off lira volatility, sees economic contraction possible

Aug 12 2020

* 2020 GDP may show between 1% growth and 2% contraction -Albayrak

Doctors say Turkish COVID-19 outbreak worse than reported as hospitalisations swell

Aug 05 2020

ISTANBUL Doctors in Turkey's coronavirus hotspots say hospitals are filling up with more cases than are reflected in the official nationwide count, which resurged above 1,000 this week.

UPDATE 4-Turkish lira strain shows as London overnight rates soar

Aug 04 2020

ISTANBUL, Aug 4 Interest rates on overnight swaps for Turkey's lira hit 1,050% Tuesday, the highest in more than a year, in an offshore market that Turkish authorities have starved of liquidity as part of a costly effort to boost the currency.

UPDATE 3-Lira stumbles again as Turkish assets take a hit

Jul 30 2020

ISTANBUL/LONDON, July 30 Turkish assets took another hit on Thursday as the lira weakened for a fourth straight day in choppy trade, and dollar bonds tumbled amid lingering worries over depleted FX reserves and costly state interventions to steady the currency.

Turkey approves social media law critics say will silence dissent

Jul 29 2020

ANKARA Turkey adopted a new social media law on Wednesday that critics say will create a "chilling effect" on dissenting voices who have resorted to Twitter and other online platforms as the government tightened its grip on mainstream media.

Erdogan joins thousands to pray for first time at Istanbul's Hagia Sophia

Jul 24 2020

ISTANBUL Turkey's President Tayyip Erdogan joined huge crowds on Friday for the first prayers at Hagia Sophia in nine decades, sealing his ambition to restore Muslim worship at an ancient site long revered in both Christianity and Islam. | Video

Thousands gather around Hagia Sophia for first Friday prayers

Jul 24 2020

ISTANBUL, July 24 Thousands of Turks gathered near Hagia Sophia early on Friday for the first prayers there since President Tayyip Erdogan declared the monument, revered by Christians and Muslims for almost 1,500 years, a mosque once again.

UPDATE 2-Turkish cenbank sees inflation risks as it keeps rates steady

Jul 23 2020

ISTANBUL, July 23 Turkey's central bank said inflation risks overshooting its year-end projection as it held rates steady for a second consecutive month on Thursday, signalling an upward revision to its outlook for prices.

Turkish court sentences Germany-based journalist to jail on terrorism charges

Jul 16 2020

ISTANBUL A Turkish court sentenced German-Turkish journalist Deniz Yucel in absentia on Thursday to jail for 2 years and 9 months for terrorism propaganda, his lawyer said, in a case that has strained ties between Ankara and Berlin.

Khashoggi's fiancee hopes Turkish trial will reveal fresh evidence

Jul 01 2020

ISTANBUL A Turkish court will open the trial on Friday of 20 Saudi officials indicted over the 2018 killing of journalist Jamal Khashoggi, a step his fiancee hopes will shed more light on the death and reveal where his body was hidden.

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