Turkey has officially changed its name to Türkiye. The United Nations accepted a request from the Turkish government on Wednesday to recognize the change.
In a letter to UN Secretary-General António Guterres, Turkey's Foreign Minister Mevlut Cavusoglu wrote: "I would like to inform you that, in line with the Presidential Circular ... dated December 2, 2021, on the use of the word 'Türkiye' in foreign languages and the subsequent branding strategy, the Government of the Republic of Turkiye, henceforth will start using 'Türkiye' to replace the words such as 'Turkey,' 'Turkei' and 'Turquie' that have been used in the past to refer to the 'Republic of Turkiye.'"
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.