Tag #Turkey

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t24.com.tr

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Dec 27, 01:08

İBB Undergoes Extensive Audit Amidst Political Tensions

The Turkish Ministry of Interior launched a detailed audit of Istanbul Metropolitan Municipality (İBB), examining concert and festival spending and compliance with legal and financial regulations, potentially impacting the upcoming elections.

İBB Undergoes Extensive Audit Amidst Political Tensions

The Turkish Ministry of Interior launched a detailed audit of Istanbul Metropolitan Municipality (İBB), examining concert and festival spending and compliance with legal and financial regulations, potentially impacting the upcoming elections.

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Good Health and Well-being

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What are the immediate consequences of the ongoing audit of Istanbul Metropolitan Municipality's financial practices?

A comprehensive audit of Istanbul Metropolitan Municipality (İBB) is underway, initiated by the Ministry of Interior. This audit, separate from an ongoing general inspection, focuses on İBB and Ankara Metropolitan Municipality's concert and festival expenditures, a politically contentious issue. The audit includes a detailed review of İBB's operations and finances, encompassing its various departments and subsidiaries like İETT and İSKİ.

dw.com

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Dec 27, 13:09

Turkey Announces 2025 Minimum Wage, Excise Taxes, and Regulatory Changes

Numerous regulations, including a new minimum wage of 22,104 Turkish lira annually (866.85 lira daily), new excise taxes on imported electronics, increased administrative fines, and adjusted notary fees, were published in Turkey's Official Gazette, effective January 1, 2025.

Turkey Announces 2025 Minimum Wage, Excise Taxes, and Regulatory Changes

Numerous regulations, including a new minimum wage of 22,104 Turkish lira annually (866.85 lira daily), new excise taxes on imported electronics, increased administrative fines, and adjusted notary fees, were published in Turkey's Official Gazette, effective January 1, 2025.

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Reduced Inequality

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What are the new excise tax rates for imported electronics in Turkey?

The decision on minimum wage reflects a balance between worker needs and economic factors. Importantly, new excise tax rates on imported electronics and increased administrative fines were also announced, impacting both consumers and businesses.

bbc.com

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Dec 27, 16:10

Turkey Seizes Thousands of Liters of Counterfeit Alcohol Amid Rising Death Toll

Turkey's Interior Ministry intensified its crackdown on counterfeit alcohol following a recent surge in deaths, seizing 136,904 liters of illicit alcohol in a two-week period and arresting 14 suspects out of 36, amid 37 deaths reported in Istanbul alone since November.

Turkey Seizes Thousands of Liters of Counterfeit Alcohol Amid Rising Death Toll

Turkey's Interior Ministry intensified its crackdown on counterfeit alcohol following a recent surge in deaths, seizing 136,904 liters of illicit alcohol in a two-week period and arresting 14 suspects out of 36, amid 37 deaths reported in Istanbul alone since November.

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Good Health and Well-being

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What is the immediate impact of the recent increase in counterfeit alcohol-related deaths in Turkey?

In recent weeks, a surge in deaths from counterfeit alcohol prompted increased police operations across Turkey. Thousands of liters of illicit alcohol have been seized nationwide, with 136,904 liters confiscated in a recent two-week period. In Istanbul alone, 37 deaths were reported from November to mid-December, leading to the arrest of 14 out of 36 suspects.",

t24.com.tr

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Dec 27, 16:11

Turkey's Earthquake Housing Crisis: 155,000 Homes Delivered, but Uninhabitable

As of December 1st, only 155,124 of the promised 319,000 homes have been delivered to earthquake victims in Turkey, lacking crucial infrastructure and finalized financial plans; this highlights a larger issue of systemic failures in disaster management and resource allocation, raising concerns about...

Turkey's Earthquake Housing Crisis: 155,000 Homes Delivered, but Uninhabitable

As of December 1st, only 155,124 of the promised 319,000 homes have been delivered to earthquake victims in Turkey, lacking crucial infrastructure and finalized financial plans; this highlights a larger issue of systemic failures in disaster management and resource allocation, raising concerns about...

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What is the current status of housing delivery in the earthquake-affected regions of Turkey, and what are the immediate consequences for residents?

Following the February 6th earthquake, Turkish President Erdoğan pledged to deliver 319,000 homes within a year. As of December 1st, 155,124 have been delivered, but lack essential infrastructure like roads, utilities, and finalized financing plans, leaving residents unable to fully occupy them.

kathimerini.gr

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Dec 27, 19:10

Erdoğan Meets Bartholomew: Promises Aid for Syrian Christians, Halki Seminary

Ecumenical Patriarch Bartholomew met with Turkish President Erdoğan for 30 minutes in Ankara to discuss the plight of Syrian Christians and the reopening of the Halki Seminary; Erdoğan reportedly showed interest and pledged support.

Erdoğan Meets Bartholomew: Promises Aid for Syrian Christians, Halki Seminary

Ecumenical Patriarch Bartholomew met with Turkish President Erdoğan for 30 minutes in Ankara to discuss the plight of Syrian Christians and the reopening of the Halki Seminary; Erdoğan reportedly showed interest and pledged support.

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Peace, Justice, and Strong Institutions

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How did the meeting address the broader context of religious freedom and the role of the Ecumenical Patriarchate in regional affairs?

The meeting, prompted by the Patriarchate, addressed the impact of Middle East tensions on Orthodox Christians and the significant role of the Antiochian Patriarchate. Erdoğan's willingness to listen and his reported commitment to assisting with the Halki Seminary reopening signify potential improvements in religious freedom.

dw.com

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Dec 27, 13:09

Turkey Cuts Interest Rates, Risks Fueling Inflation

Turkey's central bank unexpectedly cut its policy interest rate by 2.5 percentage points to 47.5 percent on December 26, 2024, exceeding market expectations and marking its first cut in 22 months, amidst high inflation and pressure from the business sector for lower borrowing costs.

Turkey Cuts Interest Rates, Risks Fueling Inflation

Turkey's central bank unexpectedly cut its policy interest rate by 2.5 percentage points to 47.5 percent on December 26, 2024, exceeding market expectations and marking its first cut in 22 months, amidst high inflation and pressure from the business sector for lower borrowing costs.

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What is the immediate impact of Turkey's surprise interest rate cut on the Turkish economy?

Turkey's central bank surprised markets with a 2.5-point interest rate cut, lowering the policy rate to 47.5 percent. This follows months of pressure from the business community and fulfills a condition for government support on minimum wage. Further cuts are expected in 2025.

t24.com.tr

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Dec 27, 10:07

Fake Invoices Scandal Leads to Resignations at Yunus Emre Vakfı

The Yunus Emre Vakfı, a Turkish public foundation, experienced resignations from two high-profile officials—the husband of the Family Minister and the son of an MHP member—following the discovery of fake invoices from shell companies during a tax audit.

Fake Invoices Scandal Leads to Resignations at Yunus Emre Vakfı

The Yunus Emre Vakfı, a Turkish public foundation, experienced resignations from two high-profile officials—the husband of the Family Minister and the son of an MHP member—following the discovery of fake invoices from shell companies during a tax audit.

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Peace, Justice, and Strong Institutions

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What are the immediate consequences of the fake invoicing scandal at the Yunus Emre Vakfı?

Following a scandal involving fake invoices at the Yunus Emre Vakfı, two key figures—the husband of Family Minister Mahinur Göktaş and the son of MHP member Semih Yalçın—resigned. Both resignations were reportedly requested by the foundation.

bbc.com

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Dec 27, 16:10

Turkey's Food Inflation Soars to 50%, Exposing Decades-High Costs

Food inflation in Turkey skyrocketed to nearly 50% in November 2024 compared to 2020, impacting the cost of everyday meals; a detailed analysis of recipe costs from 2009 to 2024 reveals price increases ranging from 276% for Menemen to 2500% for Beğendili Kebap.

Turkey's Food Inflation Soars to 50%, Exposing Decades-High Costs

Food inflation in Turkey skyrocketed to nearly 50% in November 2024 compared to 2020, impacting the cost of everyday meals; a detailed analysis of recipe costs from 2009 to 2024 reveals price increases ranging from 276% for Menemen to 2500% for Beğendili Kebap.

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Zero Hunger

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What are the long-term economic and social implications of persistently high food inflation in Turkey?

The continued volatility of food prices poses significant risks to Turkey's economy and population. While recent economic policies have achieved some level of inflation reduction, the high cost of basic necessities continues to impact household budgets, pointing to a potential need for comprehensive and sustained reforms.

bbc.com

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Dec 27, 16:10

Zengezur Corridor Construction to Begin in Spring 2024

Turkey plans to begin construction this spring on its 224-kilometer section of the Zengezur Corridor, a project to connect Azerbaijan to its Nakhchivan exclave and Turkey through Armenia, based on a 2020 ceasefire agreement, though Armenia disputes this interpretation, proposing an alternative. Iran...

Zengezur Corridor Construction to Begin in Spring 2024

Turkey plans to begin construction this spring on its 224-kilometer section of the Zengezur Corridor, a project to connect Azerbaijan to its Nakhchivan exclave and Turkey through Armenia, based on a 2020 ceasefire agreement, though Armenia disputes this interpretation, proposing an alternative. Iran...

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Industry, Innovation, and Infrastructure

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What are the immediate impacts of the Zengezur Corridor project on regional transportation and geopolitical relations?

The Zengezur Corridor project aims to connect Azerbaijan to its Nakhchivan exclave and then to Turkey via a road and rail link through Armenia's Syunik region. Turkey expects to begin construction on its 224km section of the corridor in spring 2024, with completion anticipated within four years. This project stems from a 2020 ceasefire agreement following the Nagorno-Karabakh War.

azatutyun.am

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Dec 27, 16:11

Increased Risk of Armenian-Azerbaijani War in 2024

Armenian military experts warn of heightened war risks from April 2024 due to reduced constraints on Azerbaijani aggression, lack of peace treaty commitment, and increased Turkish-Azerbaijani military cooperation, including four high-level military visits in three weeks.

Increased Risk of Armenian-Azerbaijani War in 2024

Armenian military experts warn of heightened war risks from April 2024 due to reduced constraints on Azerbaijani aggression, lack of peace treaty commitment, and increased Turkish-Azerbaijani military cooperation, including four high-level military visits in three weeks.

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Peace, Justice, and Strong Institutions

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What are the primary factors increasing the risk of war between Armenia and Azerbaijan in 2024?

Armenia faces increased risks of war from April 2024, as factors deterring Azerbaijani aggression have diminished. The conclusion of the UN Climate Change Conference (COP) and a lack of Azerbaijani commitment to a peace treaty with Armenia raise concerns. Azerbaijan continues to present preconditions, hindering negotiations.

t24.com.tr

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Dec 27, 10:07

Turkish Labor Unions Boycott Minimum Wage Commission

Türk-İş and HAK-İş, two major Turkish labor unions, have withdrawn from the Minimum Wage Determination Commission, citing its undemocratic structure and the insufficient 2025 minimum wage of 22,104 lira, demanding a more representative and participatory commission.

Turkish Labor Unions Boycott Minimum Wage Commission

Türk-İş and HAK-İş, two major Turkish labor unions, have withdrawn from the Minimum Wage Determination Commission, citing its undemocratic structure and the insufficient 2025 minimum wage of 22,104 lira, demanding a more representative and participatory commission.

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No Poverty

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What are the underlying causes of the unions' dissatisfaction with the current minimum wage determination process?

The unions' withdrawal highlights deep-seated concerns about the minimum wage determination process in Turkey. The current commission's structure, criticized as undemocratic and dominated by the government and employers, results in a minimum wage deemed insufficient by labor representatives. This decision signals a potential shift towards demanding a more representative and participatory commission.

t24.com.tr

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Dec 27, 13:09

Özatay Critiques Turkey's 2023 Economic Policies

Professor Fatih Özatay criticized Turkey's 2023 economic policies, citing insufficient interest rate hikes, reliance on swap agreements, and a lack of reforms to address the budget deficit and restore public confidence in TÜİK and the Central Bank, leading to shock price increases and a minimum wage...

Özatay Critiques Turkey's 2023 Economic Policies

Professor Fatih Özatay criticized Turkey's 2023 economic policies, citing insufficient interest rate hikes, reliance on swap agreements, and a lack of reforms to address the budget deficit and restore public confidence in TÜİK and the Central Bank, leading to shock price increases and a minimum wage...

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What immediate steps were insufficiently taken to address Turkey's economic challenges in 2023, and what were the direct consequences?

Professor Özatay criticizes Turkey's economic handling in 2023, citing insufficient measures to address the budget deficit and low policy interest rates compared to inflation. He notes that shock price increases were implemented, the minimum wage fell below the poverty line, and no action was taken regarding TÜİK (Turkish Statistical Institute) or the Central Bank's autonomy.

Showing 3,109 to 3,120 of 3,745 results