The Business Times
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Recep Tayyip Erdogan

International

Turkey’s Erdgoan concedes ‘turning point’ after local polls setbacks

Alibaba has “confidence in Turkey’s sound economic fundamentals” and has already invested US$1.4 billion in the country’s biggest e-commerce marketplace.
Companies & Markets

Alibaba unveils US$2 billion Turkey investment in Erdogan meeting

The Turkish president, who won re-election in May, is known for being a self-proclaimed enemy of high interest rates.
International

Turkey’s Erdogan backs high interest rates in surprise move

During their call, Biden and Erdogan also discussed the delivery of F-16 fighter jets to Turkey, and Ukraine’s aim to join Nato.
International

In call with Turkey’s Erdogan, Biden expresses support for Sweden’s Nato bid

By leveraging Turkey’s geopolitical position, Erdogan was able to sustain his spending spree until Turks cast their ballots. But now that he has won another term, an economic reckoning looms.
Opinion & Features

Erdogan’s economic reckoning

Turkish President Recep Tayyip Erdogan addressing supporters gathered outside his residence following his victory in Turkish presidential election at Kisikli district in Istanbul, Turkey, May 28, 2023.
International

Erdogan seals election victory in Turkey to defy naysayers

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