Electricity consumption soars as Turkey ditches winter time: Association Hurriyet Daily News Turkey’s electricity consumption surged sharply in November due to the country’s move to ditch the winter time system, despite a slight slowdown in the economy and moderate weather conditions, a sector association said Dec. 21
Turkey pays TL 2.4 million in rewards to citizen-informants in 2016 || http://turkeypurge.com/mukhtar-bans-gulenists-from-neighborhood-sets-up-247-informant-hotline … ************ Turkish Central Bank keeps rates unchanged in unexpected move Hurriyet Daily News Turkey’s Central Bank unexpectedly maintained interest rates on Dec. 20, noting that the aggregate demand developments had restrained negative foreign exchange movements. Gov’t-led charter changes bring constitutional dictatorship: CHP … Read more
Turkish prisoner convicted of theft steals almost 11,000 TL from jail’s safe Hurriyet Daily News A prisoner convicted of robbery allegedly stole nearly 11,000 Turkish Liras from the safe of the prison in which he was serving his sentence in the Marmara province of Kırklareli before escaping on Dec. 14, Doğan News Agency has reported … Read more
Turkish economy shrinks for first time since 2009 Hurriyet Daily News Turkey’s gross domestic product (GDP) contracted by a bigger than expected 1.8 percent in the third quarter of 2016 on weak consumer spending and exports, data from the Turkish Statistical Institute (TÜİK) showed on Dec. 12 Charter amendment draft submitted to Turkey’s parliament Hurriyet … Read more
European judiciary network votes to suspend observer status of Turkey’s HSYK The European Network of Councils for the Judiciary (ENCJ) on Dec. 8 decided to suspend the observer status of the Turkish High Council for Judges and Prosecutors (HSYK), citing concerns that the body is no longer sufficiently independent from the state’s executive and legislature branches. … Read more
Erdoğan’s call to citizens: Sell dollars for lira, gold President Recep Tayyip Erdoğan called on Turkish citizens on Dec. 2 to convert their foreign exchange into gold or the Turkish Lira, adding that there was no option other than cutting interest rates to spur growth Borsa Istanbul converts all cash assets into lira after Erdoğan’s remarks Turkey’s … Read more
We will beat US dollar with support of citizens: Turkish PM Turkey will overcome steep fluctuations in foreign exchange rates with the support of its citizens, as the foundations of the Turkish economy are strong and the Central Bank has taken precautions to maintain price stability, PM Yıldırım said
Turkish Lira falls to historic low against US dollar The Turkish Lira hit another record low against the U.S. dollar, having fallen more than 8 percent so far this week, hit by a statement by the head of U.S. Federal Reserve chairwoman and signs of more discord between Turkey and Europe Turkey runs $3.7 billion budget deficit … Read more
Turkish Lira hits record low against dollar on political worries, Fed’s rate hike signals The Turkish Lira hit a record low against the dollar on Oct. 13 over fears that political uncertainty could be triggered by a fresh government move to push through legislation introducing an executive presidential system BP refutes claims about exiting Turkish market BP … Read more
Erdoğan calls on Muslim countries to unite against US 9/11 bill Turkish President Recep Tayyip Erdoğan on Oct. 2 urged Islamic nations to unite in solidarity against a newly passed bill in the U.S. that allows families of the victims of the 9/11 attacks to sue Saudi Arabia for their losses. Erdoğan sends strong messages to EU, … Read more
Turkish officials criticize Moody’s cut Turkey’s credit rating to ‘junk’ level Senior Turkish officials have criticized the cut to Turkey’s sovereign credit rating by ratings agency Moody’s, claiming that the move is “biased” and does not reflect the realities of Turkey’s macro indicators Moody’s downgrades Turkey’s sovereign debt rating to ‘junk’ level Moody’s cut Turkey’s sovereign debt … Read more
Arzu Geybulla took this photo at a bookstore: “Author of books in row 5,6,7 and 11,12 is currently behind bars in #Turkey “ ‘Ahmet Altan is one of Turkey’s most important writers, whose novels appear in translation and sell in the millions.’ Photograph: web Turkey has detained a prominent novelist. We unite to say this vendetta … Read more
Stop the press: Turkey’s crackdown on its media goes into overdrive theguardian.com – Constanze Letsch – Aug 28, 10:00 PM Since the attempted coup, the government has ordered more than a hundred outlets to close and arrested 48 journalists More journalists detained in operation against Gülen Hurriyet Daily News Detention warrants have been issued for a … Read more
PM Yıldırım: Presidential System to be Adopted in This Country The Prime Minister Yıldırım has said, “Whatever the constitution tells, de facto responsibility of the president has risen”, “The AKP will do that. It will make the new constitution and will adopt the presidential system in this country”. We will bring presidential system to Turkey, says PM … Read more
PayPal halts operations in Turkey as local authorities reject license application Global online payment platform PayPal has announced that it stopped operations in Turkey, as it could not get the necessary license from local authorities, in a written statement on May 30 News in Turkish