Turkey News
10 Detained for Aiding FETÖ Assassin
Ten suspects have been sent to court in Turkey for allegedly providing financial support to Burkay Karatepe, a former captain involved in an assassination attempt on President Erdoğan during the 2016 coup attempt. Karatepe, who was on the run for 10 years, was apprehended and is now facing legal proceedings.
Turkey revises 2027 minimum wage forecasts
Turkey's minimum wage expectations for 2027 are being reassessed following the revision of the year-end inflation target to 28.4% in the Medium-Term Program (OVP). New calculations and scenarios are emerging for potential wage increases.
Morgan Stanley: Turkey rates to hold at 37%, then cut
Morgan Stanley forecasts the Turkish Central Bank will maintain its policy rate at 37% this week, followed by two 100-basis-point cuts in October and December, bringing the year-end rate to 35%.
