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Erdoğan’s ruling party loses some 800,000 members in a year

Around 800,000 members of the ruling Justice and Development Party (AKP) have parted ways with the party over the past year, according to a report on...

Turkish lira loses almost all gains after interest rate hike of 625 basis points

Five days after the Turkish Central Bank’s interest rate hike of 625 basis points, a record high during President Recep Tayyip Erdoğan’s terms in...

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