Firat Kozok
Journalist at Bloomberg News
➡️ Bloomberg News . Covering 🇹🇷. Opinions are my own. Retweets aren’t endorsement and likes are bookmarks [email protected]
Articles
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1 week ago |
bloomberg.com | Selcan Hacaoglu |Firat Kozok
A Turkish ‘Tayfun’ missile test. (Bloomberg) -- Turkish President Recep Tayyip Erdogan ordered officials to increase the production of medium and long-range missiles in light of the Israel-Iran conflict, an acceleration of plans to develop a strong home-grown industry. The move comes as Israel and Iran exchange salvos for the fifth day in a row, raising fears about a spread of the war to other countries in the oil-rich Middle East.
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2 weeks ago |
bloomberg.com | Firat Kozok |Selcan Hacaoglu |Ben Otto
A KAAN jet(Bloomberg) -- Turkey will sell 48 fighter jets to Indonesia in the coming decade, President Recep Tayyip Erdogan said, as Ankara pushes to build its defense industry and increase exports of military hardware. The agreement to sell the Kaan fifth-generation planes, which Turkey is still developing, is a “record-breaking” military deal for the country, Erdogan said, without disclosing financial details.
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4 weeks ago |
bloomberg.com | Beril Akman |Firat Kozok
Recep Tayyip Erdogan(Bloomberg) -- Turkish President Recep Tayyip Erdogan reiterated his opposition to interest rates while endorsing the country’s orthodox economic program, which relies on high borrowing costs to curb inflation. “I’ve fought against an interest-based economic system,” Erdogan said at an event on Islamic banking, which prohibits charging interest and endorses profit-sharing. He added that he would continue to express his “longing” for an interest-free economy.
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1 month ago |
bloomberg.com | Firat Kozok |Asli Kandemir
(Bloomberg) -- Turkish President Recep Tayyip Erdogan signaled the potential revival of a state-backed loan guarantee program that previously triggered a surge in corporate lending, raising the prospect of looser financial conditions for businesses. “I care about the Credit Guarantee Fund,” Erdogan told reporters on his return from a visit to Hungary, according to broadcaster NTV, adding that he had issued the “necessary warnings” to officials to activate the program.
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2 months ago |
rigzone.com | Firat Kozok |Patrick Sykes
Turkey is in talks to look for oil and gas in Bulgaria, and is also planning exploration work in Iraq and Libya, Energy Minister Alparslan Bayraktar said. State-run Turkiye Petrolleri AO will “likely” sign an agreement with an unspecified foreign company in the next month to search for energy in Bulgaria’s part of the Black Sea, Bayraktar told reporters in Turkey’s Giresun province.
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