Tag: Erdogan

NATO Chief Speaks With Erdogan About Finland, Sweden Joining

BRUSSELS—NATO Secretary-General Jens Stoltenberg has met with Finland’s prime minister and spoken to Turkey’s president as he seeks to overcome Turkish resistance to Finland and Sweden joining the alliance. Stoltenberg, who visited Washington this week, said on Twitter late Friday that he met with Finnish Prime Minister Sanna Marin while there and discussed “the need…


Inflation Surges 70 Percent in Turkey on Higher Energy Prices and Weakening Lira

Inflation in Turkey hit a 20-year-high in April as the country continued to battle rising rates, further exacerbated by the conflict in Ukraine and supply chain issues, according to data published by the Turkish Statistical Institute on May 5. Consumer price inflation soared to 69.97 percent per year in April, and 7.25 percent monthly, driven by high…


Turkey’s President Erdogan Tests Positive for COVID-19

Turkey’s President Tayyip Erdogan said on Saturday that he had tested positive for the Omicron variant of COVID-19. “The result of our COVID-19 tests done after showing mild symptoms with my wife came back positive. Thank god we are going through Omicron variant of the disease mildly,” Erdogan said in a tweet, shortly after addressing…


Turkey’s Erdogan Says He’s Cut Inflation to 4 Percent Before, Can Do Again

ANKARA—President Tayyip Erdogan said he had lowered Turkey’s inflation to around 4 percent before and that he will achieve that again, as it topped 21 percent following a push for aggressive cuts in interest rates that he has engineered. Erdogan has said that policy, which has sent the country’s lira crashing, was part of a…