The Central Bank has raised its U.S. dollar exchange rate and inflation forecasts for the end of the year, as it predicts a higher-than-expected growth rate.According to the June results of the Survey of Market Participants, the Central Bank expects the dollar to trade at 8.95 Turkish Liras at the end of the year, up
President Recep Tayyip Erdoğan announced after today’s cabinet meeting that the pandemic gradual normalization process will begin as of June 1.The calendar for June, which will be revised for July, is as follows: During the month, lockdown restrictions will start at 10 pm on weekdays and end at 5 am. On Saturdays, the lockdown will
President Tayyip Erdoğan told in a May 26 video conference the executives of 20 prominent U.S. firms that he and U.S. President Joe Biden are seeking a new era in mutual ties despite everything, “Although the statement he made has put an extra burden on our relations, I believe that the meeting I will hold
Turkish opposition İYİ Party (Good Party) leader Meral Akşener reacted strongly to President Recep Tayyip Erdoğan’s remark, which she called a “threat.” “It is awful to be threatened by the president,” said Akşener in a live interview on private broadcaster Fox TV early on May 28. The fresh row between Erdoğan and Akşener began after
President Recep Tayyip Erdoğan announced May 17 financial support to small enterprises and tradesmen ahead of the “normalization” process that will start from June 1Erdoğan said following a cabinet meeting that 235 thousand enterprises, which he defined as the first group, will be given 5 thousand Turkish Liras (roughly $600) of grant for one time.In
Turkey ends a 19-day lockdown early on May 17, which was announced to reduce daily new cases of Covid-19 to around 5,000 ahead of the upcoming tourism season, a failed attempt so far. President Recep Tayyip Erdoğan announced on May 14 that the normalization process will begin after May 17. However, the Heath Ministry announced
Turkish Culture and Tourism Ministry has pulled back a video showing tourism employees wearing masks with a motto reading “Enjoy. I’m vaccinated.”The promotion video triggered reactions on the social media and added to the criticism against Foreign Minister Mevlüt Çavşoğlu’s previous remarks ensuring tourists on not encountering tourism personnel who are not vaccinated. “Sanitized resorts
Despite international calls to Israel, the clashes in East Jerusalem continued for a fourth day, and 24 Palestinians, including nine children, are reported dead in the air strikes on Gaza.The Palestinian Red Crescent announced that more than 700 people were injured in Israel-occupied East Jerusalem and the West Bank.The clashes were triggered by Israel’s efforts
Clashes between protesting Palestinians and Israeli police at al-Aqsa Mosque in Eastern Jerusalem continued for another day on May 10 amid international calls to ease tensions.The recent violence erupted on Israeli attempts to replace dozens of Palestinians, giving their homes to Jewish settlers in the Sheikh Jarrah neighborhood of Eastern Jerusalem.Stéphane Dujarric, the official spokesperson
Turkish Interior Ministry declared the closure of the liquor stores during the lockdown as part of the new measures against the rising Covid-19 pandemic, which will start at 7 pm on April 29 to end on May 17.The liquor stores are not included on the exemption list to be valid during the lockdown, Minister Süleyman