ANKARA STEPS UP THE PRESSURE ON WASHINGTON
Unwilling to risk the Republicans losing their representative power, Ankara has accelerated its efforts to push the US to lift its arms embargo.
Analysis
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TURKISH AMMO MAKER'S AMERICAN DREAM MISFIRES
A series of notable moves targeting companies producing 155 mm ammunition ammunition has taken place in recent days.
A ‘NEW PARTY’ IS ABOUT TO BE BORN
Özgür Özel, ousted as CHP chair by a court ruling, is preparing to set up a new party even as legal threats mount against him and his allies. The party is likely to be called Yeni Party (New Party), Özel said. 'We are working on the name and the logo. The name has started to become clear. There is a generally accepted name, while the logo is still being worked on. For now, let's call it 'Yeni Party.' Until there is a new name, let's say Yeni Party,' Özel told SZC TV. 'The statute and the program are being written. The official step will be taken at the end of July or the beginning of August,' Özel told the channel at parliament ahead of a special session marking the 10th anniversary of the failed coup attempt.
ROCK STAR ARRESTED IN MASSIVE CHARITY FRAUD PROBE
Turkey is shaken by the misdoings of an Anatolian rock singer Haluk Levent, who once topped the list of Turkey's 'most trusted celebrities' due to his leadership of the respected charity organization Ahbap.
DEM PUSHES RULING ALLIANCE TO PASS PEACE PROCESS FRAMEWORK LAW BEFORE RECESS
The DEM Party is intensifying pressure on the AKP/MHP ruling alliance to pass the framework law underpinning Turkey's Kurdish peace process before parliament enters for its summer recess — even as the party struggles to extract details of the draft from the AKP. The push has produced a flurry of contacts. İmralı Delegation members Pervin Buldan and Mithat Sancar, together with Faik Özgür Erol, met AKP Deputy Chair Efkan Ala and AKP Group Chair Abdullah Güler on July 15, and MHP Chair Devlet Bahçeli at his office in parliament the following day. Asked about the talks, Buldan declined to elaborate: 'We will not give information on the content.'
WHERE’S THE PARTY?
CHP tears itself in two, Özel ponders a new party; Stay till the end, he says, and take it back, hearty; But should the courts not bend, he's got a backup plan: 110 MPs, and himself as the new man.
THE SEARCH FOR A HERO-SAVIOR, AND HALUK LEVENT
Haluk Levent is a musician who rose to fame in the early 1990s, performing what is known as Anatolian Rock.
NEW TAX INCENTIVES FOR NUCLEAR POWER INVESTMENTS
The parliament’s Planning and Budget Committee has approved an omnibus bill introducing significant tax incentives to boost nuclear energy investments.
APPAREL EXPORTERS DEMAND SPECIAL RECOVERY PACKAGE
Suffering from a loss of competitiveness due to the weak lira and high inflation, the head of the Istanbul Apparel Exporters Association (IHKIB) has requested a three-year support program to save the ready-to-wear sector.
CONFISCATION ECONOMY: THE PURGE THAT PAYS
Ten years after the failed coup, the crackdown on Gülenist-owned businesses has become a revenue stream: the state has collected $1.5 billion from selling off seized firms — and the state fund managing them has grown into one of the country's largest conglomerates, its reach now extending far beyond the Gülenists.
ECONOMISTS DEBATE INTEREST RATE AS CENTRAL BANK PREPARES FOR JULY DECISION
Most market participants expect the central bank to keep the policy rate unchanged at 37% when it meets on July 23, but pressure is building for a cut and some experts are calling for a wholesale shift in monetary policy.
ROKETSAN ACQUIRES SEIZED DEFENSE MANUFACTURER
Roketsan has acquired Assan's assets, which had been seized by the government, from the TMSF, which was appointed trustee.