FUND CRISIS TOLL DEEPENS AS INVESTOR PAYOUTS BEGIN
In one of the country’s largest financial scandals, payments to victimized fund investors began and priority will be given to small investors, according to statements from officials.
Analysis
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In one of the country’s largest financial scandals, payments to victimized fund investors began and priority will be given to small investors, according to statements from officials.
“The European Union will open its vast economy to countries waiting to join its ranks, provided they agree to stand with the bloc against hostile states and industrial rivals, according to a draft European Commission proposal obtained by POLITICO.”
Turkish Airlines has agreed to buy up to 150 Boeing passenger jets in a landmark order made during Erdoğan’s trip to the United States.
Turkey and the United States have signed a grant agreement to evaluate next-generation nuclear energy technologies, expanding bilateral cooperation in the energy sector.
The government has put the lucrative Bosphorus bridges and major state highways back on sale 14 years after cancelling a similar tender. The move comes as medium-term plans include significantly higher privatization revenue in the coming years.
International outrage erupted following the state-supported funeral ceremony for convicted Serb war criminal Ratko Mladic in Serbia. Critics worldwide denounced the honors as an attempt to glorify a perpetrator of genocide. Turkey joined the global backlash on Sept. 8, a day after the ceremony.
Yeni Party Chair Özgür Özel defended his decision to shake hands with Kemal Kılıçdaroğlu, the CHP chair reinstated by court order, twice in a week, after facing criticism from his voters.
Although there has been no official statement from the Istanbul Governorship confirming the cancellation of a concert by producer Anyma in Istanbul, pro-government outlets reported that the show had been canceled after it was dubbed a 'satanist ritual.'
The word of the week is vibratör (vibrator), because Turkey has reached that stage of public life where even a small vibrating object of adult pleasure may require a prosecutor’s attention. Here, a vibrator is not merely a device; it is a small object with the bad manners to expose the size of the state.
Turkish industrialists criticized a new United States’ decision to impose a 12.5% tariff on Turkish products under Section 301, warning that the move places key export sectors, especially textiles and apparel, at a severe disadvantage.
The government plans to privatize state-operated highways and bridges under a 25-year transfer of operating rights model, while officials weigh whether to sell the assets as a single bundle or divide them into separate packages.
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.