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Tuesday, December 12, 2017

Istanbul New Airport’s 42km baggage system ready to roll

Istanbul New Airport’s 42km baggage system ready to roll

The airport is one of the most anticipated builds of 2018, expected to have a capacity of 90 million when it opens next year and 200 million when it’s fully operational.

More:Istanbul New Airport’s 42km baggage system ready to roll

Erdogan and Putin denounce Trump's Jerusalem decision - Israel National News

Erdogan and Putin denounce Trump's Jerusalem decision

Turkish and Russian Presidents warn that recognition of Jerusalem risks escalating tension, as Erdogan continues to attack Israel.

More:Erdogan and Putin denounce Trump's Jerusalem decision - Israel National News

Asu Ozdaglar named head of Department of Electrical Engineering and Computer Science | MIT News

Asu Ozdaglar named head of Department of Electrical Engineering and Computer Science

She succeeds Anantha Chandrakasan, who was named dean of engineering, as leader of MIT’s largest academic department.

More:Asu Ozdaglar named head of Department of Electrical Engineering and Computer Science | MIT News

Monday, December 11, 2017

Former Turkish investigator tells U.S. jury of uncovering bribe scheme

Former Turkish investigator tells U.S. jury of uncovering bribe scheme
Brendan Pierson

(Reuters) - A former Turkish police investigator on Monday told jurors in the trial of a Turkish bank executive charged with evading U.S. sanctions against Iran that he found shoeboxes full of cash in the home of another high-ranking Turkish banker.

More:Former Turkish investigator tells U.S. jury of uncovering bribe scheme

Istanbul Atatürk Airport to close but its legacy promises continuing regional dominance by Istanbul | CAPA

Istanbul Atatürk Airport to close but its legacy promises continuing regional dominance by Istanbul

Istanbul’s Atatürk Airport (IST) is scheduled to close in 2018, when a giant new airport for Istanbul opens.

Under the guidance of TAV Airports, the concessionaire for 17 years, Atatürk has grown to be one of the busiest airports in Europe, with the incumbent national carrier Turkish Airlines establishing a hub there over the last decade to rival the one at Dubai for regional and even global dominance.

More:Istanbul Atatürk Airport to close but its legacy promises continuing regional dominance by Istanbul | CAPA

The $42 Billion Reason Turkey's Lira May Not Be Cheap Enough Yet - Bloomberg

The $42 Billion Reason Turkey's Lira May Not Be Cheap Enough Yet
By Constantine Courcoulas
December 11, 2017, 9:39 AM GMT+1

The Turkish lira hasn’t been this cheap in more than a decade, but that’s done little to correct an economic imbalance that makes it vulnerable to more losses.

More:The $42 Billion Reason Turkey's Lira May Not Be Cheap Enough Yet - Bloomberg