FUEL PRICES SURGE AS GOVERNMENT PHASES OUT TAX RELIEF
The government has officially ended its sliding scale tax mechanism on fuel, triggering an immediate price hike at the pump.
Analysis
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The government has officially ended its sliding scale tax mechanism on fuel, triggering an immediate price hike at the pump.
Fatma Betül Sayan Kaya is a politician who has figured prominently in the latest investment fund scandal. She and her husband made staggering sums from funds in a very short time.
The Turkish Air Force has received its first Hürkuş new-generation basic trainer aircraft, a milestone in a project initiated 20 years ago.
The Constitutional Court will consider on Sept. 29 a request to annul the name of Yeni Party and remove it from the registry of political parties.
With the start of the new legislative year on Oct. 1, the main agenda will be the ongoing peace process concerning the Kurdish issue, which faces gridlock about the timing of demands over disarmament, legal guarantees, and the official status of jailed PKK leader Abdullah Öcalan.
After the summer break, the parliament opens its new legislative year on Oct. 1 and the General Assembly will convene on Oct. 6 to discuss a nine-article bill on the Turkish Red Crescent.
More than one and a half years into US President Donald Trump’s second term, despite repeated positive messages from both sides regarding lifting the arms embargo on Turkey, neither Ankara nor Washington has taken steps to meet their commitments.
Nasreddin Hoca, the wise and witty Turkish folk hero, once arrived at a dinner in his ordinary clothes and discovered that nobody thought him worth much attention. He went home, put on his finest fur coat and returned. This time he was welcomed warmly, seated at the table and offered the best food. So Hoca began dipping the sleeve of his coat into the dishes.
For over a week, a single issue was on Turkey’s agenda: What happened to the money in the funds? Finance Minister Mehmet Şimşek, who had stayed silent on the crisis since it began and faced growing speculation that he would be fired, broke his silence on Sept. 24 to deny that he was leaving.
Turkey and the United States have signed a grant agreement to evaluate next-generation nuclear energy technologies, expanding bilateral cooperation in the energy sector.
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).
Saudi Aramco executives have inspected fuel facilities across Turkey owned by military pension fund OYAK, signaling advanced partnership talks to enter the retail fuel market.