Bozdağ: They Cannot Change Election Results by Playing With Dollar Bianet :: English Government Spokesperson Bekir Bozdağ has said, “If there are people who think that they can change the results of this election by playing with the dollar and inflicting damage to the nation and its pocket, they are mistaken.” Exchange Rate of US Dollar Exceeds … Read more
Turkish Lira weakens to record low against dollar amid dollar rally, concerns Hurriyet Daily News The Turkish Lira weakened to a record low beyond 4.55 to the dollar on May 21, hit by a surging greenback and concerns about the Central Bank’s ability to rein in double-digit inflation. Erdogan on Lira, Monetary Policy, Interest Rates, Parliamentary … Read more
Turkish lira touches yet another low as Moody’s warns on bank risk Financial Times Erdoğan promises stronger economy if re-elected Hurriyet Daily News President Recep Tayyip Erdoğan has said he will be more effective in Turkey’s economy and monetary policy if he wins the June 24 early elections.
S&P cuts Turkey’s rating deeper into ‘junk’ Hurriyet Daily News In an unexpected move, Standard & Poor’s cut its sovereign debt rating on Turkey further into junk territory on May 1, citing widening concern about the outlook for inflation amid a sell-off in the Turkish lira currency. Turkish Lira weakens to another record low, beyond … Read more
Turkish economy minister says no need to intervene in lira because ‘speculative moves do not reflect realities’ Hurriyet Daily News The recent speculative fluctuations in foreign exchange rates do not comply with the realities of the Turkish economy and any intervention should not be made in this field, a top Turkish official has said. Turkish Lira weakens … Read more
Uber app downloads rise five-fold in Turkey amid tension with taxi drivers Downloads of the Uber app in Turkey has risen fivefold in 10 days amid tensions between traditional taxicab drivers and Uber drivers, daily Habertürk reported on March 21. In the meantime, we are drowning: Lira weakens to record low against euro, economy worries weigh Hurriyet … Read more
Would you invest in a project whose leader was this person? Some believe there are might be some high profile accomplices. I would not be surprised. Mehmet Aydın had a short and not very successful musical career, his videos are watched more after this sensational exit. Turkey preparing to request extradition of Çiftlik Bank Ponzi scheme … Read more
Turkey slips to 74th place in ‘world happiness’ ratings while Finland tops list Hurriyet Daily News Turkey has slipped five places to 74th out of 156 countries in the “world happiness ratings,” while Finland tops the list, according to The World Happiness Report 2018, which is an annual publication of the UN Sustainable Development Solutions Network. … Read more
So far with impunity… and of course not all taxi drivers but most of them are quite irritating… https://twitter.com/uberhizmet/status/972355967521382401 Istanbul taxi drivers have launched a war against UBER Ahval In Istanbul, on March 10, an UBER driver was attacked by armed man, while he was on his way to pick up a customer. The car was hit with … Read more
Turkey’s population hits new high, over 80 million: TÜIK Hurriyet Daily News Turkey’s least populous province was Bayburt in the remote northeast, which had just 80,400 inhabitants. … Bayburt was followed by the eastern city of Tunceli (82,500 residents) and the northeastern city of Ardahan (97,100 residents). The TÜİK also stated that Turkey’s working age population (15-64 years) … Read more
Over 16,000 underage girls gave birth in Turkey in 2016 Official figures from the Turkish Statistical Institute (TÜIK) have revealed that 16,396 girls aged between 15 and 17 gave birth across Turkey in 2016, as well as 234 girls younger than 15. Exodus: A new record as 66 international brands leave Turkey Ahval – Can Teoman When … Read more
Fitch closes Istanbul office ahead of Turkey ratings decision Financial Times Fitch said on Friday it has decided to close its office in Istanbul in move that came before a ratings decision scheduled for later in the day. The ratings company said on Friday morning that the decision “reflects Fitch’s desire to maintain an optimal office network structure and sufficient level of resource … Read more
AKP lost judicial database to Gülenists: Erdoğan Hurriyet Daily News The ruling Justice and Development Party (AKP) failed to prevent the Fethullah Gülen network’s seizure of a key judicial information database system, President Recep Tayyip Erdoğan has stated. Combatting loss: refugees, employment and social entrepreneurship in Turkey open Democracy News Analysis – by Fiona Murphy and Evi Chatzipanagiotidou … Read more
Turkey’s top religious body declares Bitcoin ‘inappropriate’ Turkey’s Directorate of Religious Affairs (Diyanet) has ruled that digital currency Bitcoin is not appropriate according to Islam “at this point.” in other news: Turkey ranks second in TV series exports: Minister Hurriyet Daily News Turkey’s Culture and Tourism Minister said on Nov. 16 that Turkey ranks second in television … Read more
Turkish court sentences man for not removing ex-girlfriend’s photos from social media The Court of Cassation has found guilty a man who refused to remove photos of his former girlfriend from social media, despite her demands. In other news: Turkey’s education system is not up to global standards: PISA director Hurriyet Daily News Turkey’s education system does … Read more