Operators of Turkey’s Giant New Airport Pull Plans to Sell Stake
By Kerim Karakaya and Ercan Ersoy
September 30, 2019, 11:17 AM GMT+2 Updated on September 30, 2019, 1:10 PM GMT+2
Concession owners end contract with Lazard to advise on plan
Hub, which opened in April, spans area larger than Manhattan
Istanbul Airport Photographer: Kostas Tsironis/Bloomberg
Owners of a concession to operate Istanbul’s new $11 billion airport abandoned a plan to potentially sell a stake in the venture, according to people with knowledge of the matter.
More:Operators of Turkey’s Giant New Airport Pull Plans to Sell Stake - Bloomberg
Monday, September 30, 2019
Turkey shoots down drone near Syria border - Xinhua | English.news.cn
Turkey shoots down drone near Syria border
Source: Xinhua| 2019-09-30 01:40:12|Editor: Mu Xuequan
ANKARA, Sept. 29 (Xinhua) -- Turkish army on Sunday shot down a drone that violated Turkish airspace for six times, the country's Defense Ministry said.
More:Turkey shoots down drone near Syria border - Xinhua | English.news.cn
Source: Xinhua| 2019-09-30 01:40:12|Editor: Mu Xuequan
ANKARA, Sept. 29 (Xinhua) -- Turkish army on Sunday shot down a drone that violated Turkish airspace for six times, the country's Defense Ministry said.
More:Turkey shoots down drone near Syria border - Xinhua | English.news.cn
Returning empty-handed from UN, Erdogan needs victory abroad | Ahval
Returning empty-handed from UN, Erdogan needs victory abroad
The visit of Turkish President Recep Tayyip Erdogan to the UN General Assembly, highly anticipated because of a potential face-to-face meeting with US President Donald Trump, resulted in an anti-climax.
As Turkey continues to be set apart from the West, Ankara is in limbo with several major foreign policy issues as key Turkish institutions, especially the Foreign Ministry, seem to be suffering from a lack of lucid strategic thinking.
More:Returning empty-handed from UN, Erdogan needs victory abroad | Ahval
The visit of Turkish President Recep Tayyip Erdogan to the UN General Assembly, highly anticipated because of a potential face-to-face meeting with US President Donald Trump, resulted in an anti-climax.
As Turkey continues to be set apart from the West, Ankara is in limbo with several major foreign policy issues as key Turkish institutions, especially the Foreign Ministry, seem to be suffering from a lack of lucid strategic thinking.
More:Returning empty-handed from UN, Erdogan needs victory abroad | Ahval
Is a brand-new Turkey possible? Candidates and opportunities | openDemocracy
Is a brand-new Turkey possible? Candidates and opportunities
Who are the three candidates who could unseat Erdogan in the next election?
Ahmet Erdi Ozturk
30 September 2019
Not often emphasised is the fact that in 2013, President Erdoğan and his AKP, which he had reduced to a submissive instrument, became unable to govern Turkey. We can trace the subsequent and much discussed yet recognized authoritarianism back to those days. The fraying economy and the spoiled interest-based partnership established with the Gülen Movement propelled Erdoğan to grow combative, become further Islamicised state identity and, finally, fuse these with ethno-nationalism. In short, the structure today deemed the “New Turkey”, named for Erdoğan, his family, the nationalist MHP and the Eurasianists and dominated by segments proximate to them, assumed form in those days. But the June 2018 presidential election in which Erdoğan struggled to win 50% of the vote, the summer
More:Is a brand-new Turkey possible? Candidates and opportunities | openDemocracy
Who are the three candidates who could unseat Erdogan in the next election?
Ahmet Erdi Ozturk
30 September 2019
Not often emphasised is the fact that in 2013, President Erdoğan and his AKP, which he had reduced to a submissive instrument, became unable to govern Turkey. We can trace the subsequent and much discussed yet recognized authoritarianism back to those days. The fraying economy and the spoiled interest-based partnership established with the Gülen Movement propelled Erdoğan to grow combative, become further Islamicised state identity and, finally, fuse these with ethno-nationalism. In short, the structure today deemed the “New Turkey”, named for Erdoğan, his family, the nationalist MHP and the Eurasianists and dominated by segments proximate to them, assumed form in those days. But the June 2018 presidential election in which Erdoğan struggled to win 50% of the vote, the summer
More:Is a brand-new Turkey possible? Candidates and opportunities | openDemocracy
Sunday, September 29, 2019
Istanbul’s opposition mayor says not invited to gov’t earthquake meeting | Ahval
Istanbul’s opposition mayor says not invited to gov’t earthquake meeting
The main opposition Republican People’s Party (CHP) mayor of Istanbul, Ekrem İmamoğlu, has said he was not invited to a government meeting on measures against earthquakes following a 5.8 magnitude earthquake in Turkey’s largest city last week.
On Thursday, an earthquake, whose epicentre was in the town of Silivri west of Istanbul, caused panic in the metropolis of some 16 million people, with residents rushing outdoors for safety. Eight people were injured.
More:Istanbul’s opposition mayor says not invited to gov’t earthquake meeting | Ahval
The main opposition Republican People’s Party (CHP) mayor of Istanbul, Ekrem İmamoğlu, has said he was not invited to a government meeting on measures against earthquakes following a 5.8 magnitude earthquake in Turkey’s largest city last week.
On Thursday, an earthquake, whose epicentre was in the town of Silivri west of Istanbul, caused panic in the metropolis of some 16 million people, with residents rushing outdoors for safety. Eight people were injured.
More:Istanbul’s opposition mayor says not invited to gov’t earthquake meeting | Ahval
Saturday, September 28, 2019
Syria demands withdrawal of U.S., Turkish forces, warns of countermeasures | News | WSAU
Syria demands withdrawal of U.S., Turkish forces, warns of countermeasures
Saturday, September 28, 2019 11:27 a.m. CDT
FILE PHOTO - Turkish and U.S. military vehicles are seen during a joint U.S.-Turkey patrol in a Syrian border village near Tel Abyad, Syria,
By Michelle Nichols
UNITED NATIONS (Reuters) - Syria's Foreign Minister Walid al-Moualem on Saturday demanded an immediate withdrawal of all U.S. and Turkish troops from his country and warned that Syrian government forces had the right to take countermeasures if they refused.
More:Syria demands withdrawal of U.S., Turkish forces, warns of countermeasures | News | WSAU
Saturday, September 28, 2019 11:27 a.m. CDT
FILE PHOTO - Turkish and U.S. military vehicles are seen during a joint U.S.-Turkey patrol in a Syrian border village near Tel Abyad, Syria,
By Michelle Nichols
UNITED NATIONS (Reuters) - Syria's Foreign Minister Walid al-Moualem on Saturday demanded an immediate withdrawal of all U.S. and Turkish troops from his country and warned that Syrian government forces had the right to take countermeasures if they refused.
More:Syria demands withdrawal of U.S., Turkish forces, warns of countermeasures | News | WSAU
Friday, September 27, 2019
Violence against journalists increasing: Press freedom under fire in Turkey - Qantara.de
Press freedom under fire in Turkey
Journalist Levent Uysal recently survived a treacherous assassination attempt. Despite the fact that members of the press are increasingly at risk in Turkey, the government seems loath to protect them. Deger Akal has the details
More:Violence against journalists increasing: Press freedom under fire in Turkey - Qantara.de
Journalist Levent Uysal recently survived a treacherous assassination attempt. Despite the fact that members of the press are increasingly at risk in Turkey, the government seems loath to protect them. Deger Akal has the details
More:Violence against journalists increasing: Press freedom under fire in Turkey - Qantara.de
Thursday, September 26, 2019
Powerful magnitude 5.8 tremor shakes Istanbul - Daily Sabah
Powerful magnitude 5.8 tremor
Apowerful magnitude 5.8 earthquake shook Istanbul on Thursday, causing momentary panic across the city.
The Disaster and Emergency Management Presidency (AFAD) said the shallow quake struck the southwest of Istanbul in the Marmara Sea at 2:00 p.m. (GMT+3). The tremor hit at a depth of 7 kilometers (4.34 miles), according to AFAD, but the Kandilli Observatory and Earthquake Research Institute said the depth was 11.9 km.
More:Powerful magnitude 5.8 tremor shakes Istanbul - Daily Sabah
Apowerful magnitude 5.8 earthquake shook Istanbul on Thursday, causing momentary panic across the city.
The Disaster and Emergency Management Presidency (AFAD) said the shallow quake struck the southwest of Istanbul in the Marmara Sea at 2:00 p.m. (GMT+3). The tremor hit at a depth of 7 kilometers (4.34 miles), according to AFAD, but the Kandilli Observatory and Earthquake Research Institute said the depth was 11.9 km.
More:Powerful magnitude 5.8 tremor shakes Istanbul - Daily Sabah
Wednesday, September 25, 2019
IMF’s Scorecard Says Turkey Passed Test, May Fail Its Aftermath
IMF’s Scorecard Says Turkey Passed Test, May Fail Its Aftermath
Cagan Koc
Thanks to stimulus that includes expansionary fiscal policy, the IMF now expects the economy to eke out expansion of about 0.25% in 2019, a sharp change from its previous forecast of a decline of 2.5%, according to a statement concluding the fund’s annual mission to Turkey.
Even so, it warned of grimmer prospects ahead and took issue with President Recep Tayyip Erdogan’s focus on turning on the credit tap again.
More:IMF’s Scorecard Says Turkey Passed Test, May Fail Its Aftermath
Cagan Koc
Thanks to stimulus that includes expansionary fiscal policy, the IMF now expects the economy to eke out expansion of about 0.25% in 2019, a sharp change from its previous forecast of a decline of 2.5%, according to a statement concluding the fund’s annual mission to Turkey.
Even so, it warned of grimmer prospects ahead and took issue with President Recep Tayyip Erdogan’s focus on turning on the credit tap again.
More:IMF’s Scorecard Says Turkey Passed Test, May Fail Its Aftermath
Uptick in Turkish exports, tourism comes at a price
Uptick in Turkish exports, tourism comes at a price
READ IN: Türkçe
Mustafa Sonmez September 25, 2019
ARTICLE SUMMARY
Increased export and tourism revenues have helped limit the Turkish economy’s contraction in the second quarter, but the improved numbers have come at the expense of price cutting, economic data show.
REUTERS/Murad SezerTourists walk as they leave the Byzantine-era monument of Hagia Sophia, now a museum, in Istanbul, Turkey, May 31, 2019.
A notable aspect of the crisis-hit Turkish economy in recent months is the improvement in exports and tourism, which, along with increased public spending, has helped limit the second-quarter contraction to 1.5%. The uptick, however, has come at a price, with exporters and the tourism industry cutting prices, atop the sharp depreciation of the Turkish lira.
More:Uptick in Turkish exports, tourism comes at a price
READ IN: Türkçe
Mustafa Sonmez September 25, 2019
ARTICLE SUMMARY
Increased export and tourism revenues have helped limit the Turkish economy’s contraction in the second quarter, but the improved numbers have come at the expense of price cutting, economic data show.
REUTERS/Murad SezerTourists walk as they leave the Byzantine-era monument of Hagia Sophia, now a museum, in Istanbul, Turkey, May 31, 2019.
A notable aspect of the crisis-hit Turkish economy in recent months is the improvement in exports and tourism, which, along with increased public spending, has helped limit the second-quarter contraction to 1.5%. The uptick, however, has come at a price, with exporters and the tourism industry cutting prices, atop the sharp depreciation of the Turkish lira.
More:Uptick in Turkish exports, tourism comes at a price
Tuesday, September 24, 2019
Turkey’s Reconfigured Ties with the ‘Strategic West’ - The Washington Institute for Near East Policy
Turkey’s Reconfigured Ties with the ‘Strategic West’
Soner Cagaptay with Deniz Yuksel
September 24, 2019
Despite diluting certain commonalities with Europe and Washington over the past decade, Ankara still relies on the West in the trade, investment, and security realms.
Turkey’s recent decision to purchase the Russian S-400 missile defense system has led many to wonder whether Ankara aims to exit the West. Such questions are understandable given the many steps President Recep Tayyip Erdogan has taken to distinguish his country politically and culturally from the United States and the European Union. Yet he also realizes how much he needs them to fuel Turkey’s economy, to keep winning elections, and to maintain keep the NATO security umbrella against Russia, a geopolitical rival whose historical enmity against the Turks runs deeper than any single arms deal can erase.
More:Turkey’s Reconfigured Ties with the ‘Strategic West’ - The Washington Institute for Near East Policy
Soner Cagaptay with Deniz Yuksel
September 24, 2019
Despite diluting certain commonalities with Europe and Washington over the past decade, Ankara still relies on the West in the trade, investment, and security realms.
Turkey’s recent decision to purchase the Russian S-400 missile defense system has led many to wonder whether Ankara aims to exit the West. Such questions are understandable given the many steps President Recep Tayyip Erdogan has taken to distinguish his country politically and culturally from the United States and the European Union. Yet he also realizes how much he needs them to fuel Turkey’s economy, to keep winning elections, and to maintain keep the NATO security umbrella against Russia, a geopolitical rival whose historical enmity against the Turks runs deeper than any single arms deal can erase.
More:Turkey’s Reconfigured Ties with the ‘Strategic West’ - The Washington Institute for Near East Policy
Monday, September 23, 2019
Turkey Should Undertake More Reforms To Neutralize Challenges To Economic Growth - IMF - UrduPoint
Turkey Should Undertake More Reforms To Neutralize Challenges To Economic Growth - IMF
Muhammad Irfan 3 minutes ago Tue 24th September 2019 | 01:20 AM
WASHINGTON (UrduPoint News / Sputnik - 24th September, 2019) Turkey's economy has recovered from the difficulties it experienced since the end of last year, but the country should undertake additional reforms because it remains vulnerable to a variety of risks, the International Monetary Fund (IMF) said on Monday.
More:Turkey Should Undertake More Reforms To Neutralize Challenges To Economic Growth - IMF - UrduPoint
Muhammad Irfan 3 minutes ago Tue 24th September 2019 | 01:20 AM
WASHINGTON (UrduPoint News / Sputnik - 24th September, 2019) Turkey's economy has recovered from the difficulties it experienced since the end of last year, but the country should undertake additional reforms because it remains vulnerable to a variety of risks, the International Monetary Fund (IMF) said on Monday.
More:Turkey Should Undertake More Reforms To Neutralize Challenges To Economic Growth - IMF - UrduPoint
The Arter, art and gentrification: Modern art makeover in Istanbul? - Qantara.de
Modern art makeover in Istanbul?
A new modern art museum recently opened its doors at the heart of Istanbul's working-class Dolapdere neighbourhood. An opportunity for this culturally diverse quarter or a threat in an area recognised as a social flashpoint? Ulrich von Schwerin reports on the relationship between art, commerce and gentrification on the Bosphorus
More:The Arter, art and gentrification: Modern art makeover in Istanbul? - Qantara.de
A new modern art museum recently opened its doors at the heart of Istanbul's working-class Dolapdere neighbourhood. An opportunity for this culturally diverse quarter or a threat in an area recognised as a social flashpoint? Ulrich von Schwerin reports on the relationship between art, commerce and gentrification on the Bosphorus
More:The Arter, art and gentrification: Modern art makeover in Istanbul? - Qantara.de
Erdoğan may fail to hit economic growth goal with credit boost - FT | Ahval
Erdoğan may fail to hit economic growth goal with credit boost - FT
Turkish President Recep Tayyip Erdoğan may fail to hit a target of 5 percent economic growth for next year, the Financial Times reported, citing analysts and economists.
Erdoğan is seeking to revive economic activity in the country by boosting access to credit and pressuring the central bank to lower interest rates.
More:Erdoğan may fail to hit economic growth goal with credit boost - FT | Ahval
Turkish President Recep Tayyip Erdoğan may fail to hit a target of 5 percent economic growth for next year, the Financial Times reported, citing analysts and economists.
Erdoğan is seeking to revive economic activity in the country by boosting access to credit and pressuring the central bank to lower interest rates.
More:Erdoğan may fail to hit economic growth goal with credit boost - FT | Ahval
Turkey turned up heat on banks after standoff over bad loans | Financial Post
Turkey turned up heat on banks after standoff over bad loans
Reuters
Orhan Coskun and Ebru Tuncay and Can Sezer and Jonathan Spicer
September 23, 2019
ISTANBUL/ANKARA — Turkey forced banks to take losses on $8 billion in bad loans this week to kick-start lending and boost its economic recovery after losing patience with them, bankers, senior government officials and industry advisers told Reuters.
More:Turkey turned up heat on banks after standoff over bad loans | Financial Post
Reuters
Orhan Coskun and Ebru Tuncay and Can Sezer and Jonathan Spicer
September 23, 2019
ISTANBUL/ANKARA — Turkey forced banks to take losses on $8 billion in bad loans this week to kick-start lending and boost its economic recovery after losing patience with them, bankers, senior government officials and industry advisers told Reuters.
More:Turkey turned up heat on banks after standoff over bad loans | Financial Post
Obligation of Notification of Personal Data Violations to Turkish DPA - Gün + Partners
OBLIGATION OF NOTIFICATION OF PERSONAL DATA VIOLATIONS TO TURKISH DPA
September 16, 2019
Law on Protection of Personal Data numbered 6698 provides under the article titled “Data Security Liabilities” that, data controllers must take all necessary technical and administrative measures to ensure the appropriate level of security to:
Prevent unlawful processing of personal data,
Prevent unlawful access to personal data,
Maintain safeguarding of personal data.
More:Obligation of Notification of Personal Data Violations to Turkish DPA - Gün + Partners
September 16, 2019
Law on Protection of Personal Data numbered 6698 provides under the article titled “Data Security Liabilities” that, data controllers must take all necessary technical and administrative measures to ensure the appropriate level of security to:
Prevent unlawful processing of personal data,
Prevent unlawful access to personal data,
Maintain safeguarding of personal data.
More:Obligation of Notification of Personal Data Violations to Turkish DPA - Gün + Partners
Saturday, September 21, 2019
A new crisis looming at Istanbul’s new airport | Ahval
A new crisis looming at Istanbul’s new airport
Becoming fully operational in April, Istanbul`s new airport continues to be a symbol of improper planning, extravagance, and maladministration in Turkey.
A brand new crisis is appearing on the horizon for the Istanbul Airport, the city’s third, which has witnessed problems in many areas from its tender and privileges granted by the state to its construction, service quality, and flight safety.
The due date for the payment of the first instalment of credit taken for the construction of the new airport - Turkey’s highest amount - is drawing near. It is estimated that the new airport, under the existing conditions, is to garner a much lower number of passengers than its 95 million capacity.
More:A new crisis looming at Istanbul’s new airport | Ahval
Becoming fully operational in April, Istanbul`s new airport continues to be a symbol of improper planning, extravagance, and maladministration in Turkey.
A brand new crisis is appearing on the horizon for the Istanbul Airport, the city’s third, which has witnessed problems in many areas from its tender and privileges granted by the state to its construction, service quality, and flight safety.
The due date for the payment of the first instalment of credit taken for the construction of the new airport - Turkey’s highest amount - is drawing near. It is estimated that the new airport, under the existing conditions, is to garner a much lower number of passengers than its 95 million capacity.
More:A new crisis looming at Istanbul’s new airport | Ahval
Two to watch at the UN General Assembly: Turkey’s Erdogan and Iraq’s Salih
Two to watch at the UN General Assembly: Turkey’s Erdogan and Iraq’s Salih
Week in Review September 20, 2019
ARTICLE SUMMARY
Turkish leader meets Trump ahead of safe-zone deadline; Iraqi president offers new direction for Iraq and region.
More:Two to watch at the UN General Assembly: Turkey’s Erdogan and Iraq’s Salih
Week in Review September 20, 2019
ARTICLE SUMMARY
Turkish leader meets Trump ahead of safe-zone deadline; Iraqi president offers new direction for Iraq and region.
More:Two to watch at the UN General Assembly: Turkey’s Erdogan and Iraq’s Salih
Friday, September 20, 2019
Diyanet: The Turkish religious authority that makes millions | Europe| News and current affairs from around the continent | DW | 20.09.2019
Diyanet: The Turkish religious authority that makes millions
Turkey's highest religious authority brings in huge profits, say experts. But as a historic brewery in Istanbul faces demolition for a dormitory, critics argue that such profiteering is not in line with Islam.
More:Diyanet: The Turkish religious authority that makes millions | Europe| News and current affairs from around the continent | DW | 20.09.2019
Turkey's highest religious authority brings in huge profits, say experts. But as a historic brewery in Istanbul faces demolition for a dormitory, critics argue that such profiteering is not in line with Islam.
More:Diyanet: The Turkish religious authority that makes millions | Europe| News and current affairs from around the continent | DW | 20.09.2019
EU refugee deal: Erdogan wants rid of the Syrian refugees - Qantara.de
Erdogan wants rid of the Syrian refugees
President Erdogan has threatened to ditch the EU refugee deal. After election losses and faced with escalating conflict in Idlib, the attitude towards the growing number of Syrian refugees has become increasingly harsh. Daniel Heinrich has the details
More:EU refugee deal: Erdogan wants rid of the Syrian refugees - Qantara.de
President Erdogan has threatened to ditch the EU refugee deal. After election losses and faced with escalating conflict in Idlib, the attitude towards the growing number of Syrian refugees has become increasingly harsh. Daniel Heinrich has the details
More:EU refugee deal: Erdogan wants rid of the Syrian refugees - Qantara.de
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