Turkish economy emerges from recession after three quarters
Growth boosted by politically motivated lending in run-up to elections, analysts say
More:Turkish economy emerges from recession after three quarters | Financial Times
Friday, May 31, 2019
Turkey’s Economic Pain Casts Blow to Erdogan Ahead of Istanbul Rerun - WSJ
Turkey’s Economic Pain Casts Blow to Erdogan Ahead of Istanbul Rerun
The country is also caught in a high-stakes feud with the U.S., its main military ally
By David Gauthier-Villars
Updated May 31, 2019 8:54 a.m. ET
ISTANBUL—Turkey’s economy returned to growth in the first three months of 2019 but remained smaller than it was a year earlier, in a stain on President Recep Tayyip Erdogan’s record ahead of a rerun of the Istanbul mayoral race.
more:Turkey’s Economic Pain Casts Blow to Erdogan Ahead of Istanbul Rerun - WSJ
The country is also caught in a high-stakes feud with the U.S., its main military ally
By David Gauthier-Villars
Updated May 31, 2019 8:54 a.m. ET
ISTANBUL—Turkey’s economy returned to growth in the first three months of 2019 but remained smaller than it was a year earlier, in a stain on President Recep Tayyip Erdogan’s record ahead of a rerun of the Istanbul mayoral race.
more:Turkey’s Economic Pain Casts Blow to Erdogan Ahead of Istanbul Rerun - WSJ
Cherry-picking through Turkey's gloom: The funds staying put while others flee - Reuters
Cherry-picking through Turkey's gloom: The funds staying put while others flee
Tom Arnold
LONDON (Reuters) - While Turkey’s economy flounders, some foreign funds are buying into everything from fizzy drinks firms to automakers to banks as they winnow out likely survivors in the country’s beaten down corporate bond and equity markets.
More:Cherry-picking through Turkey's gloom: The funds staying put while others flee - Reuters
Tom Arnold
LONDON (Reuters) - While Turkey’s economy flounders, some foreign funds are buying into everything from fizzy drinks firms to automakers to banks as they winnow out likely survivors in the country’s beaten down corporate bond and equity markets.
More:Cherry-picking through Turkey's gloom: The funds staying put while others flee - Reuters
Turkish economy shrinks again as currency crisis bites - Reuters
Turkish economy shrinks again as currency crisis bites
Behiye Selin Taner, Daren Butler
4 MIN READ
ISTANBUL (Reuters) - The Turkish economy shrank sharply year on year for the second straight quarter in early 2019, laying bare the impact of a punishing currency crisis and soaring inflation and interest rates against a tense political backdrop.
More:Turkish economy shrinks again as currency crisis bites - Reuters
Behiye Selin Taner, Daren Butler
4 MIN READ
ISTANBUL (Reuters) - The Turkish economy shrank sharply year on year for the second straight quarter in early 2019, laying bare the impact of a punishing currency crisis and soaring inflation and interest rates against a tense political backdrop.
More:Turkish economy shrinks again as currency crisis bites - Reuters
: The last nomads of Anatolia - Qantara.de
The last nomads of Anatolia
Half a century ago about one thousand families moved through the Anatolian steppe, today there are only 86, including the Gobut family of the Yoruk nomadic tribe. Osman Orsal accompanied them.
More:
: The last nomads of Anatolia - Qantara.de
Half a century ago about one thousand families moved through the Anatolian steppe, today there are only 86, including the Gobut family of the Yoruk nomadic tribe. Osman Orsal accompanied them.
More:
: The last nomads of Anatolia - Qantara.de
Pentagon calls Turkey plan to buy Russian missile 'devastating'
Pentagon calls Turkey plan to buy Russian missile 'devastating'
Date created : 30/05/2019 - 23:45
A top Pentagon official said on Thursday the consequences would be "devastating" for Turkey's joint F-35 fighter program and its cooperation with NATO if the country bought a Russian missile defense system.
More:Pentagon calls Turkey plan to buy Russian missile 'devastating'
Date created : 30/05/2019 - 23:45
A top Pentagon official said on Thursday the consequences would be "devastating" for Turkey's joint F-35 fighter program and its cooperation with NATO if the country bought a Russian missile defense system.
More:Pentagon calls Turkey plan to buy Russian missile 'devastating'
How U.S. sanctions over a Russian weapon could rattle Turkey | One America News Network
How U.S. Sanctions Over A Russian Weapon Could Rattle Turkey
Turkey and U.S. flags are seen in this picture illustration taken August 25, 2018. Picture taken August 25, 2018. REUTERS/Dado Ruvic/Illustration
May 30, 2019
By Jonathan Spicer
ISTANBUL (Reuters) – Turkey is on the cusp of facing U.S. sanctions over its decision to buy a Russian S-400 missile defense system, leaving its already soft currency and economy vulnerable and raising questions over its position within NATO and the region.
More:How U.S. sanctions over a Russian weapon could rattle Turkey | One America News Network
Turkey and U.S. flags are seen in this picture illustration taken August 25, 2018. Picture taken August 25, 2018. REUTERS/Dado Ruvic/Illustration
May 30, 2019
By Jonathan Spicer
ISTANBUL (Reuters) – Turkey is on the cusp of facing U.S. sanctions over its decision to buy a Russian S-400 missile defense system, leaving its already soft currency and economy vulnerable and raising questions over its position within NATO and the region.
More:How U.S. sanctions over a Russian weapon could rattle Turkey | One America News Network
Thursday, May 30, 2019
Opinion polls show ousted Istanbul mayor leading ahead of re-run vote - Reuters
Opinion polls show ousted Istanbul mayor leading ahead of re-run vote
Orhan Coskun, Tuvan Gumrukcu
ANKARA (Reuters) - Istanbul’s ousted opposition mayor is leading President Tayyip Erdogan’s AK Party candidate by three percentage points ahead of next month’s re-run mayoral election, according to an opinion poll conducted for the AKP campaign.
more:Opinion polls show ousted Istanbul mayor leading ahead of re-run vote - Reuters
Orhan Coskun, Tuvan Gumrukcu
ANKARA (Reuters) - Istanbul’s ousted opposition mayor is leading President Tayyip Erdogan’s AK Party candidate by three percentage points ahead of next month’s re-run mayoral election, according to an opinion poll conducted for the AKP campaign.
more:Opinion polls show ousted Istanbul mayor leading ahead of re-run vote - Reuters
Turkish warplanes strike targets in Iraq ~ WIC News
Turkish warplanes strike targets in Iraq
By WIC News Reporter - 30 May 2019, at 8:19 am
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Turkish warplanes and attack helicopters struck targets in the mountains of northern Iraq, Turkey’s defense ministry said on Thursday, adding that the military had “neutralized” 19 Kurdish militants as its operation there entered a fourth day.
more;Turkish warplanes strike targets in Iraq ~ WIC News
By WIC News Reporter - 30 May 2019, at 8:19 am
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Turkish warplanes and attack helicopters struck targets in the mountains of northern Iraq, Turkey’s defense ministry said on Thursday, adding that the military had “neutralized” 19 Kurdish militants as its operation there entered a fourth day.
more;Turkish warplanes strike targets in Iraq ~ WIC News
Wednesday, May 29, 2019
Turkey breaks up Europe's biggest human smuggling ring
Turkey breaks up Europe's biggest human smuggling ring
Twenty people, including ringleader Akbar Omar Tawfeeq, detained in operations in four Turkish provinces after a year-long investigation into the organisation, Istanbul police say.
More:Turkey breaks up Europe's biggest human smuggling ring
Twenty people, including ringleader Akbar Omar Tawfeeq, detained in operations in four Turkish provinces after a year-long investigation into the organisation, Istanbul police say.
More:Turkey breaks up Europe's biggest human smuggling ring
False Dawn Looms Over Turkish Economy After Likely Recession End - Bloomberg
False Dawn Looms Over Turkish Economy After Likely Recession End
By Cagan Koc
May 29, 2019, 5:40 PM GMT+3
A long slog awaits Turkey even if its first recession in a decade ended last quart
More:False Dawn Looms Over Turkish Economy After Likely Recession End - Bloomberg
By Cagan Koc
May 29, 2019, 5:40 PM GMT+3
A long slog awaits Turkey even if its first recession in a decade ended last quart
More:False Dawn Looms Over Turkish Economy After Likely Recession End - Bloomberg
European Commission - PRESS RELEASES - Press release - Key findings of the 2019 Report on Turkey
European Commission - Countries insights
Key findings of the 2019 Report on Turkey
Brussels, 29 May 2019
Political criteria
The state of emergency introduced on 15 July 2016 in the aftermath of the attempted coup ended on 18 July 2018, when its last extension expired, but was immediately followed by the adoption by the Turkish parliament of a law that retained many elements of the emergency rule for further three years. The law limits certain fundamental freedoms, allowing in particular to dismiss public servants (including judges) and to prolong detentions, to restrict freedom of movement and public assembly, and extending powers for Government-appointed provincial governors.
more:European Commission - PRESS RELEASES - Press release - Key findings of the 2019 Report on Turkey
Key findings of the 2019 Report on Turkey
Brussels, 29 May 2019
Political criteria
The state of emergency introduced on 15 July 2016 in the aftermath of the attempted coup ended on 18 July 2018, when its last extension expired, but was immediately followed by the adoption by the Turkish parliament of a law that retained many elements of the emergency rule for further three years. The law limits certain fundamental freedoms, allowing in particular to dismiss public servants (including judges) and to prolong detentions, to restrict freedom of movement and public assembly, and extending powers for Government-appointed provincial governors.
more:European Commission - PRESS RELEASES - Press release - Key findings of the 2019 Report on Turkey
Tuesday, May 28, 2019
Stake in World's Biggest Airport Said on Sale Weeks After Open - Bloomberg
Stake in World's Biggest Airport on Sale Weeks After Open
By Ercan Ersoy and Kerim Karakaya
May 23, 2019, 5:11 PM GMT+3 Updated on May 23, 2019, 5:58 PM GMT+3
Vinci, ADP and its Turkish unit are among interested parties
Hub is one of world’s largest; footprint larger than Manhattan
Some of the owners of the joint venture that operates Istanbul’s giant new airport hired Lazard Ltd. to sell their stake in the $11 billion hub, according to people with knowledge of the matter.
The U.S. investment bank is working with some members of the IGA consortium to provide a valuation of the airport and manage discussions with potential buyers, the people said, asking not to be identified because the process is confidential.
More:Stake in World's Biggest Airport Said on Sale Weeks After Open - Bloomberg
By Ercan Ersoy and Kerim Karakaya
May 23, 2019, 5:11 PM GMT+3 Updated on May 23, 2019, 5:58 PM GMT+3
Vinci, ADP and its Turkish unit are among interested parties
Hub is one of world’s largest; footprint larger than Manhattan
Some of the owners of the joint venture that operates Istanbul’s giant new airport hired Lazard Ltd. to sell their stake in the $11 billion hub, according to people with knowledge of the matter.
The U.S. investment bank is working with some members of the IGA consortium to provide a valuation of the airport and manage discussions with potential buyers, the people said, asking not to be identified because the process is confidential.
More:Stake in World's Biggest Airport Said on Sale Weeks After Open - Bloomberg
Vanishing profits: Lira rout hits Turkey’s top firms | News | Al Jazeera
Vanishing profits: Lira rout hits Turkey’s top firms
Turkey’s leading industrial firms wrestle with mounting financing costs triggered by the depreciation of the lira.
More:Vanishing profits: Lira rout hits Turkey’s top firms | News | Al Jazeera
Turkey’s leading industrial firms wrestle with mounting financing costs triggered by the depreciation of the lira.
More:Vanishing profits: Lira rout hits Turkey’s top firms | News | Al Jazeera
Turkey's ruling AKP shares altered video of opposition's Istanbul candidate, mars campaign -Cumhuriyet | Ahval
Turkey's ruling AKP shares altered video of opposition's Istanbul candidate, mars campaign -Cumhuriyet
Turkey's ruling party officials have used modified footage from the televised speech of the main opposition party Istanbul mayoral candidate, misleading the audience and marring his campaign ahead of city's election rerun on June 23, opposition daily Cumhuriyet said on Tuesday.
More:Turkey's ruling AKP shares altered video of opposition's Istanbul candidate, mars campaign -Cumhuriyet | Ahval
Turkey's ruling party officials have used modified footage from the televised speech of the main opposition party Istanbul mayoral candidate, misleading the audience and marring his campaign ahead of city's election rerun on June 23, opposition daily Cumhuriyet said on Tuesday.
More:Turkey's ruling AKP shares altered video of opposition's Istanbul candidate, mars campaign -Cumhuriyet | Ahval
Constitutional Court Rules Blocking Access To Content On Social Media Violates Freedoms Of Speech And The Press - Government, Public Sector - Turkey
Turkey: Constitutional Court Rules Blocking Access To Content On Social Media Violates Freedoms Of Speech And The Press
Last Updated: 28 May 2019
Article by İlay Yılmaz and Can Sozer
Baker & McKenzie / Esin Attorney Partnership
Recent Development
In its decision dated April 17, 2019 with number 2015/4821 ("Decision"), the Constitutional Court ruled that the Criminal Judicature of Peace's decision to block access to content on social media violates freedom of speech and freedom of the press. The decision was published on the Official Gazette on May 15, 2019.
More:Constitutional Court Rules Blocking Access To Content On Social Media Violates Freedoms Of Speech And The Press - Government, Public Sector - Turkey
Last Updated: 28 May 2019
Article by İlay Yılmaz and Can Sozer
Baker & McKenzie / Esin Attorney Partnership
Recent Development
In its decision dated April 17, 2019 with number 2015/4821 ("Decision"), the Constitutional Court ruled that the Criminal Judicature of Peace's decision to block access to content on social media violates freedom of speech and freedom of the press. The decision was published on the Official Gazette on May 15, 2019.
More:Constitutional Court Rules Blocking Access To Content On Social Media Violates Freedoms Of Speech And The Press - Government, Public Sector - Turkey
Turkish professor receives Council of Europe award - Turkey News
Turkish professor receives Council of Europe award
İSTANBUL
Professor Feride Acar, one of Turkey’s most prominent academics who has worked to promote women’s rights, was awarded the Council of Europe Pro Merito Medal on May 23.
More:Turkish professor receives Council of Europe award - Turkey News
İSTANBUL
Professor Feride Acar, one of Turkey’s most prominent academics who has worked to promote women’s rights, was awarded the Council of Europe Pro Merito Medal on May 23.
More:Turkish professor receives Council of Europe award - Turkey News
Monday, May 27, 2019
Who is Europe punishing in Turkey? The rulers or ordinary citizens?
Who is Europe punishing in Turkey? The rulers or ordinary citizens?
It took years for Galatasaray University to partner with University of Paris 1 Pantheon-Sorbonne to introduce a program that would enable students going to the former to also have a diploma from the latter.
More:Who is Europe punishing in Turkey? The rulers or ordinary citizens?
It took years for Galatasaray University to partner with University of Paris 1 Pantheon-Sorbonne to introduce a program that would enable students going to the former to also have a diploma from the latter.
More:Who is Europe punishing in Turkey? The rulers or ordinary citizens?
Sunday, May 26, 2019
Airplanes Against Istanbul Airport, Pilots Worry - RayHaber
Airplanes Against Istanbul Airport, Pilots Worry
26/05/2019 Levent Elmastaş 34 Istanbul, GENERAL, Airports, HIGHWAYS, HEADLINE, Marmara Region, TURKEY 0
Due to the severe downpour in Istanbul yesterday, flights were also affected negatively. Planes to fly to the newly opened Istanbul Airport, had to take a long tour of the air before landing. As it is known, a short time ago, the airplanes did not land at the airport because of the wind and had a long tour in the air. Some airplanes were directed to Corlu Airport. The pilot of the airport, where the plane of the day was hit by a lightning pole
More:Airplanes Against Istanbul Airport, Pilots Worry - RayHaber
26/05/2019 Levent Elmastaş 34 Istanbul, GENERAL, Airports, HIGHWAYS, HEADLINE, Marmara Region, TURKEY 0
Due to the severe downpour in Istanbul yesterday, flights were also affected negatively. Planes to fly to the newly opened Istanbul Airport, had to take a long tour of the air before landing. As it is known, a short time ago, the airplanes did not land at the airport because of the wind and had a long tour in the air. Some airplanes were directed to Corlu Airport. The pilot of the airport, where the plane of the day was hit by a lightning pole
More:Airplanes Against Istanbul Airport, Pilots Worry - RayHaber
Desperate to reclaim Istanbul, Erdogan does the unthinkable - Turkey - Haaretz.com
Desperate to Reclaim Istanbul, Erdogan Does the Unthinkable
Erdogan, who is trying to stick a wedge between the Kurdish voters and the Republican People’s Party, is taking advantage of Kurdish anger over Ekrem Imamoglu’s neglect to demand the release of 'arch-terrorist' Abdullah Ocalan
More:Desperate to reclaim Istanbul, Erdogan does the unthinkable - Turkey - Haaretz.com
Erdogan, who is trying to stick a wedge between the Kurdish voters and the Republican People’s Party, is taking advantage of Kurdish anger over Ekrem Imamoglu’s neglect to demand the release of 'arch-terrorist' Abdullah Ocalan
More:Desperate to reclaim Istanbul, Erdogan does the unthinkable - Turkey - Haaretz.com
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