Turkey
An eye on inflation: Turkey holds tight After raising rates to 46%
The Central Bank of Turkey announced on Friday that it will maintain its tight monetary stance until inflation shows a sustained and meaningful decline.
Turkey wants to improve its ties with the Shanghai Cooperation Organisation (SCO), but its priority is fulfilling its responsibilities to NATO as an important ally, Defence Minister Yasar Guler said.
Turkish Defence Minister Yasar Guler, Reuters/Johanna Geron
Turkey wants to improve its ties with the Shanghai Cooperation Organisation (SCO), but its priority is fulfilling its responsibilities to NATO as an important ally, Defence Minister Yasar Guler said.
"Our priority is to fulfil our responsibilities to NATO as an important ally and to strengthen the solidarity with our allies. Our focus should be that NATO is prepared, determined and strong," Guler told Reuters in a written interview.
The SCO is a security, political and economic club launched in 2001 by Russia, China and Central Asian states as a counterweight to Western alliances.
Reporting by Tuvan Gumrukcu and Huseyin Hayatsever
The Central Bank of Turkey announced on Friday that it will maintain its tight monetary stance until inflation shows a sustained and meaningful decline.
Israeli Prime Minister Benjamin Netanyahu has extended heartfelt condolences on behalf of the State of Israel to the Catholic Church and its global faithful following the death of Pope Francis.
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