![A man purchases food from a street vendor at Kadikoy ferry terminal in Istanbul, Thursday, Nov. 16, 2023. A man purchases food from a street vendor at Kadikoy ferry terminal in Istanbul, Thursday, Nov. 16, 2023.](https://static.euronews.com/articles/stories/08/06/31/04/1200x675_cmsv2_40da23e0-7dda-5143-b43c-75d8cd9dc823-8063104.jpg)
First Gushtingiri World Championships draw global crowds to Dushanbe
Video. Turkey hikes interest rate to 40% - highest in 20 years
Turkey's central bank has implemented a sixth consecutive interest rate hike, reaching 40%, in a surprising shift to counter the country's staggering 61.36% inflation.
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