Turkey News
JPMorgan: Turkey May Cut Rates in September
JPMorgan forecasts the Turkish Central Bank could begin interest rate cuts in September, citing a slowdown in July inflation and an improving current account balance. The bank also warned that high carry trade positions narrow market error margins.
Saudi General: Turkey is a Reliable Partner
A retired Saudi general, Muhammed Salih el-Harbi, stated that Saudi Arabia-Turkey relations are at a very advanced level, calling Turkey a reliable partner and ally. He also noted Saudi Arabia has entered into military partnerships with Baykar.
Abalı Honey Brand Exposed for Adulteration
Turkey's Ministry of Agriculture and Forestry updated its list of adulterated foods, identifying Abalı brand strained flower honey, widely sold online and in markets, as counterfeit.
