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Tag: Turkey

Posted on December 26, 2024

Turkey hikes minimum wage by 30% in line with financial market demands

By Akin Nazli in Belgrade Turkey has hiked its net minimum wage by 30% to Turkish lira (TRY) 22,104 ($627) effective as of January 1, 2025, labour minister Vedat Isikhan said on December 24. The cost …
Posted on December 26, 2024

Turkey’s Central Bank surprises markets with sharp rate cut as inflation eases

The Central Bank of the Republic of Turkey (CBRT) has cut its benchmark one-week repo rate by 250 basis points, bringing it down to 47.5%. The move exceeded economists’ forecasts of a 150-basis-point …
Posted on December 26, 2024

Turkey’s Bold Leap into Crypto Regulation: Safeguarding the Future of Digital Finance

Introduction and Key Changes Turkey has recently introduced new rules for cryptocurrencies to improve oversight and ensure compliance within its growing market. These regulations, published on …
Posted on December 26, 2024

Turkey’s Bold Leap into Crypto Regulation: Safeguarding the Future of Digital Finance

Introduction and Key Changes Turkey has recently introduced new rules for cryptocurrencies to improve oversight and ensure compliance within its growing market. These regulations, published on …
Posted on December 25, 2024

Owner and architect of Turkey quake collapse hotel jailed

The owner of the Isias Grand, Ahmet Bozkurt, and architect Erdem Yilmaz, were each given 18 years and five months, the official Anadolu news agency reported. Bozkurt’s son, Mehmet Fatih, was sentenced …
Posted on December 25, 2024

Kurdish militia in Syria will be buried if they do not lay down arms, Turkey’s Erdogan says

Turkish President Tayyip Erdogan said on Wednesday that Kurdish militants in Syria will either lay down their weapons or “be buried”, amid hostilities between Turkey-backed Syrian fighters and the …
Posted on December 24, 2024

Erdogan says Turkey in close dialogue with Syria’s de facto leader

Turkey is in close dialogue with Syria’s de facto leader Ahmed al-Sharaa, Turkish President Tayyip Erdogan said on Monday, adding visits to Syria will increase from now on.
Posted on December 24, 2024

Eleven people killed in explosives factory blast in Turkey, minister says

A blast ripped through an explosives factory in northwest Turkey on Tuesday, killing 11 people and injuring seven, Interior Minister Ali Yerlikaya said, adding that an investigation had been launched.
Posted on December 24, 2024

Turkey explosion: At least 12 dead after explosives factory goes up in flames

Emergency services are on the scene after a factory making explosives has gone up in flames in Turkey with reports that at least 12 people have been killed in the tragedy
Posted on December 24, 2024

Dramatic moment giant ship tilts on its side in Turkey spilling cargo into the sea

The shocking footage shows the cargo ship slowly tilting into the sea as its containers are seen falling off and landing in the waters below.

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