Turkey-China agreement that changes data - why neighbors celebrate
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Turkey-China agreement that changes data - why neighbors celebrate

A new strategic cooperation expected to significantly strengthen the Turkish car industry was advanced by Turkey's Togg and Chinese technology giant of electric drive. Turkey has been trying for several years to create a strong domestic car industry, investing significant amounts in the electricity sector through Togg, which is the country's largest project in [...]

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Turkey: Why did almost $20 billion get rid of gold and what the markets are now afraid of?
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Turkey: Why did almost $20 billion get rid of gold and what the markets are now afraid of?

Turkey went on to sell and borrow gold worth nearly $20 billion to strengthen the Turkish pound. This move had a significant impact on the international prices of precious metal, causing concern on markets. Investors now express fears about Ankara's economic choices and the potential consequences of this strategy on the long-term stability of the Turkish currency and the country in general.

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