GOVERNMENT PREPARES REGULATORY OVERHAUL
The government is preparing comprehensive reforms across its financial regulatory bodies following the massive investment fund crisis that shook domestic markets.
Analysis
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The government is preparing comprehensive reforms across its financial regulatory bodies following the massive investment fund crisis that shook domestic markets.
The pro-government newspaper Yeni Şafak devoted its entire front page on Sept. 9 to a scathing critique of Finance Minister Mehmet Şimşek and his policies, urging immediate shifts including tax overhauls and fuel subsidies.
Kurdish politics is preparing for a major structural overhaul as Turkey is expected to move forward with its peace initiative, referred to by the government as the 'Terror-Free Turkey' process.
Turkey is weighing the most radical overhaul of its wage-setting system in decades — and experts say it could unleash chaos.
President Recep Tayyip Erdoğan is set to inaugurate Ankara's newly overhauled Etimesgut airfield on June 15, just weeks before the NATO Leaders Summit. But whether Air Force One can use it — particularly for takeoff — may depend on which way US President Donald Trump is headed.
Justice Minister Yılmaz Tunç said there are no plans for a new execution law and that amnesty rumors are unfounded, responding to remarks by MHP Deputy Chair Feti Yıldız on a possible overhaul of sentence enforcement.
Sözcü TV, which began broadcasting on March 1, 2023, has undergone a major management overhaul that resulted in a wave of layoffs and raised questions about a broader editorial shift at one of Turkey’s key opposition channels.
Turkey’s Minimum Wage Determination Commission is preparing for its first major structural overhaul in 50 years after unions said the current system blocks fair representation. The Labor Ministry has proposed an “interim formula” that would cut the government’s seats from five to one, reducing the 15-member body to 11 while keeping five worker and five employer representatives.
In the most dramatic leadership overhaul at the armed forces pension fund since the 2016 coup attempt, retired Lt. Gen. Zekai Aksakallı—a key figure in thwarting the coup—has been named chairman of the giant fund.
In the most dramatic leadership overhaul at OYAK since the 2016 coup attempt, retired Lt. Gen. Zekai Aksakallı—once a key figure in thwarting the coup—has been named chairman of the Turkish Armed Forces' influential pension fund and commercial powerhouse. OYAK announced the surprise changes just two months after its general assembly on May 17.
Can Media Group, which acquired Habertürk TV and Show TV late last year, has announced a major leadership reshuffle as part of its strategic realignment.
A new directive issued by Turkey’s Foreign Ministry is drawing criticism from within diplomatic circles, with several senior sources saying it undermines the long-standing merit-based promotion system of the diplomatic corps.