GOVERNMENT CONSIDERS 10% TAX ON CORPORATE MONEY MARKET FUNDS
The Finance Ministry has finalized preliminary work to redirect short-term capital inflows toward long-term, productive investments, according to a report by Bloomberg HT.
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NEW TARGET FOR FIRST AIRCRAFT CARRIER: 2032
Turkey's first full-scale aircraft carrier, which is currently in the preliminary design stage, will have a capacity for 52 aircraft.
LIBYAN COMMANDERS’ PLANE CRASHED WHILE ENGINES WERE RUNNING
The engines of the plane carrying Libya’s top military officials, including Chief of General Staff General Muhammad Ali Al-Haddad, were still running when it crashed near Ankara on Dec. 23, 2025, killing all on board, according to findings of a preliminary investigation.
PRELIMINARY INVESTIGATION INTO C-130 CRASH WILL TAKE TWO MONTHS
The tail broke off first, and then the fuselage split into three pieces, according to preliminary findings in the C-130 transport plane that crashed in Georgia on Nov. 11, Defense Minister Yaşar Güler said.
CENTRAL BANK CUTS RATES BY 3 POINTS DESPITE ONGOING INFLATION RISKS
The Central Bank lowered its one-week repo rate from 46% to 43% on July 24, despite warning signs that inflation pressures persist. This was the first cut following the April rate hike. The Monetary Policy Committee also reduced the overnight lending rate from 49% to 46% and the overnight borrowing rate from 44.5% to 41.5%. While June’s core inflation trend remained unchanged, preliminary indicators pointed to a temporary rise in July inflation due to month-specific factors.