Turkey
Tourism record set as almost one million hot air balloon passengers take to sky in Turkey during 2024
Flights held in seven regions.
US risks Turkey-type descent into hyperinflation if Trump like Erdogan takes control of rates, Nobel economist Krugman warns
Monetary power can be abused by irresponsible leader who wants to preside over boom but doesn’t want to hear about risks, he says.
Turkey to renovate 1,500-year-old dome of Hagia Sophia
Special process designed to avoid damaging mosaics on inner surface.
Turkish government accused of exploiting jailing of Imamoglu to speed up "crazy" Canal Istanbul megaproject
Everyone should understand that Istanbul does not have a single drop of water it can sacrifice, warns city mayor.
“I am a political prisoner,” writes Istanbul mayor Imamoglu in Financial Times op-ed
"The global wave of democratic backsliding may have begun in Turkey. I believe the pushback will begin here, too," says chief political rival to country's long-ruling president Erdogan.
"Republic of prison campuses" Turkey has so many inmates, 100,000 sleep on floor
To deal with overflow, authorities often choose to put hardened criminals on probation rather than political prisoners.
ISTANBUL BLOG: Turkey’s opposition is at it again, insulting the intelligence of voters
CHP’s performance amounts to a circus show that the Erdogan regime is only too happy to live with.
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Turkey’s opposition aims for 30mn signatures calling for Imamoglu release and early elections
Figure is higher than number of votes ruler Erdogan received in last election. But CHP risks reliance on gimmicks with no meaningful impact on regime.
Abdi Ipekci remains most expensive shopping avenue in Istanbul
Monthly prime rent on luxury retail street $250 per square metre.
Fertility rate crashes to critical levels in Turkey
President Erdogan has warned problem could reach “irreparable proportions”.
Tech startups in Turkey raise $58mn in worst quarter since 2023
Figures make Turkish sector "second league".
Hungary's Viktor Orban discusses energy issues with Erdogan in Ankara
Hungarian Prime Minister Viktor Orban met Turkish President Recep Tayyip Erdogan for bilateral talks in Antalya, which focused on energy issues and developing bilateral economic, military and defence cooperation.
Foreign investors still selling Turkish papers
FX firepower Erdogan regime has at its disposal declines further, but is still a substantial distance from hitting previous lows.
Erdogan opponent Imamoglu attends first court hearing, held in Silivri prison
Case concerns alleged insult he directed at Istanbul's chief prosecutor.
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Gasoline prices in Turkey down 1% as Trump’s tariffs hit oil prices
Despite annual decline, gasoline price in Turkey still compares a few times higher than the seven liras seen in 2021.
Turkey’s main opposition chair calls UK PM Starmer ‘loser’ in Guardian interview
Turkey’s main opposition Republican People’s Party chair Ozgur Ozel has hit out at the UK’s PM and Labour Party chair, Sir Keir Starmer, for keeping mum amid attacks on its sister party.
Turkey in close contact with Israel to avoid undesired engagements in Syria
Turkey has been holding technical talks with Israel concerning the de-escalation of any conflict in Syria when needed, Reuters on April 9 quoted Turkey Foreign Minister Hakan Fidan as saying.
Turkey burns $8bn of reserves on Trump tumult Monday to keep lira at 38.00 against US dollar
Turkey’s central bank has burnt $7.6bn worth of FX reserves on April 7 and another $3.1bn on April 8, according to calculations by @e507.
Trump’s and Putin’s men to talk Ukraine in Istanbul on April 10
The US and Russian delegations will on April 10 hold their next meeting in Istanbul, Russian President Vladimir Putin’s spokesman, Dmitry Peskov, told reporters on April 8. The meeting will be launched at 10h Istanbul time in Russia’s consulate.
Turks target Elon Musk after X blocks more accounts for calling boycott
The second district court in Istanbul has ordered the blockage of the X accounts of three famous actors after they called on their followers to participate in a boycott, EngelliWeb (@engelliweb), which follows up internet censor in Turkey.