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Turkey’s Erdogan announces natural gas discovery in Black Sea

Turkish President Recep Tayyip Erdogan said the Fatih drilling ship had found 135 billion cubic meters of natural gas in the Sakarya gas field. Turkish President Recep Tayyip Erdogan announced Friday that Turkey has discovered an additional 135 billion cubic meters of natural gas in the Black Sea, a major …

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Turkish lira remains volatile after surprise dip in inflation data

Turkey’s annual inflation unexpectedly dropped to 16.59% in May, according to data published Thursday. The news did not steady the nation’s currency, which slid on market concerns over an early interest rate cut. Bucking a seven-month trend of steady increases, Turkey’s annual inflation rate fell slightly in May, catching forecasters …

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Turkish attack near Makhmour camp extends anti-PKK operations deeper into Iraq

Days after warning of a coming operation on Iraq’s Makhmour camp, Turkish President Recep Tayyip Erdogan said a senior Kurdistan Workers Party official was “neutralized” near the camp Saturday, underlining Ankara’s drive to put pressure on militants in the region. Turkish President Recep Tayyip Erdogan announced on Sunday that a …

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