EXPORTERS FEAR $350 BILLION CHINESE TRADE SHIFT
Turkish exporters face market loss and price disruption as China redirects $350 billion in production away from the US toward markets where Turkish goods are sold, business leaders warned.
Analysis
In-Depth Analysis
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INSIDE THE COURTROOM: A CONFESSOR MISDATES THE EARTHQUAKE
The main Istanbul Municipality corruption trial completed its 87th day on Sept. 24. The court heard nine more defendants, leaving 63 of 325 still to testify, as the presiding judge aims to complete the second session by the end of September.
FRENCH EGIS NOW EYES BOSPHORUS BRIDGES
Foreign and domestic infrastructure companies are showing interest in the upcoming highway and Bosphorus bridge privatizations. French operator Egis is reportedly emerging as a leading contender for the 30-year operating rights.
GARANTI BBVA FINED 1.55 BILLION LIRA
Garanti BBVA, the high-street bank majority-owned by Spain’s BBVA, has agreed to pay a fine of 1.55 billion liras ($31.8 million) after settling an antitrust investigation into labor market practices, the lender disclosed on the Public Disclosure Platform (KAP).
ARMENIA TO HOLD INDEPENDENCE DAY RECEPTION AFTER A DECADE
Armenia will host its 35th Independence Day reception in Istanbul on Oct. 14. The event marks a rare diplomatic event in Turkey as the two neighbors work to normalize long-strained ties.
LGBTQ+ OPERATION: ELECTION CAMPAIGN LOADING
Before me is the “LGBTQ+ Rights Monitoring Report” on the 2023 elections, prepared by University Queer Research and LGBT+ Solidarity Association (ÜniKuir) whose website was blocked as part of the “My Family Is Safe” operation.
ROKETSAN AND STM TESTED NEW WEAPON SYSTEMS
UAV-300 missile test marked a milestone as the longest-range munition produced in Turkey and fired from an airborne platform.
GÖKÇEK PROBE EXPANDS TO SON, DAUGHTER-IN-LAW AND 36 TENDER COMPANIES
Ahmet and Hülya Gökçek, the son and daughter-in-law of former Ankara Mayor Melih Gökçek, were questioned as suspects on Sept. 7 and released under judicial control with a ban on leaving Turkey.
CENTRAL BANK HOLDS MAIN INTEREST RATE AT 37% AS EXPECTED
Turkey's central bank held its benchmark interest rate steady on Sept. 10, matching market expectations as energy cost pressures continue to pose risks to the inflation outlook.
FRESH DETENTIONS HIT ISTANBUL MUNICIPALITY
Thirteen more Istanbul Municipality staff were detained on Sept. 3, as prosecutors widened their operation against the metropolitan authority.
ONLY TWO FREED AS FAMILIES WEEP IN SİLİVRİ COURTHOUSE
Only two of the 53 formally arrested defendants in the Istanbul Municipality trial were released on the case's 75th hearing day, as relatives of those still held broke down in tears in the courtroom.
TURKEY’S DIPLOMATS LEARN TO COOK: INSIDE FIDAN’S NEW RULES
Turkey’s diplomatic network has grown from 163 missions in 2002 to over 260 missions, making it the third largest diplomatic network in the world.