Prices begin to pinch Turkey again, inflation jumps to nearly 48%

Turkish inflation ended its eight-month deceleration in July, putting it on track for a surge that the central bank only expects to peak closer to the middle of next year.   Consumer prices jumped an annual 47.8 per cent, from 38.2 per cent in June, statistics office data showed Thursday. The median forecast… Continue reading Prices begin to pinch Turkey again, inflation jumps to nearly 48%

Pakistan PM Sharif invites Turkey to join China-Pakistan Economic Corridor

Pakistan Prime Minister Shahbaz Sharif on Wednesday invited Turkey to join the ambitious China-Pakistan Economic Corridor (CPEC), turning it into a trilateral arrangement so that all three friendly nations could benefit from its potential. Sharif made the remarks at the launch ceremony of a fourth MILGEM class corvette warship PNS Tariq, which was… Continue reading Pakistan PM Sharif invites Turkey to join China-Pakistan Economic Corridor