The Central Bank this week kept its headline interest rate unchanged at 50 percent. The tight monetary stance will be maintained until a significant and sustained decline in the underlying trend of monthly inflation is observed and inflation expectations converge to the projected forecast range, the bank said in a statement. “Considering the lagged effects…
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All Nippon Airways (ANA), Japan’s largest 5-star airline, announced that it will add 3 new destinations to its 2024 winter calendar. The cities to which ANA will operate direct flights from Haneda Airport are Istanbul, Milan and Stockholm. The starting date of the new line to be opened by ANA for Istanbul Airport will be…
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A heartbroken family whose 26-year-old son died following a “harrowing” accident in Turkiye is pleading with other families. Lisa and Gavin Steward’s son Matthew Steward, from Harwich, Essex, died in the early hours of May 14 2024 after the quad bike he was travelling on with his friend Cory Dove, 26, collided with another vehicle…
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In the latest development on the contentious draft bill on stray animals, authorities are mulling the imposition of a fine amounting to 50,000 Turkish Liras for individuals who relocate stray animals or abandon their pets. Local media reported that the ruling Justice and Development Party (AKP) reached a critical juncture in the highly debated draft bill on…
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The Turkish economy is on track for a better-than-expected growth performance this year, according to Fitch Ratings. The credit rating agency now expects Türkiye’s gross domestic product (GDP) to expand by 3.5% in 2024, up from its previous forecast of 2.8%, according to its quarterly Global Economic Outlook Report. Fitch also adjusted its forecast for…
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A British teacher faces more than 11 years in a Turkish jail if convicted of child abuse charges against a five-year-old pupil. Rebecca Richardson, 53, says the five-year ordeal has ruined a blemish-free career spanning 20 years and left her mentally ill. She was arrested on a warrant from Turkey and brought to court to…
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Foreign Office chiefs have sounded the alarm with a stark update on travel advice for Turkey, following harrowing new statistics on sexual offences against tourists. The latest data disclosed this week reveals that in 2023, British nationals sought assistance from the embassy numerous times after being sexually assaulted. The grim tally includes incidents of sexual…
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The Ministry, which amended the Price Label Regulation, stipulated that the documents regarding tariffs and price lists must be placed in front of the entrance door and on the tables where service. This includes restaurants, restaurants, cafes, patisseries and similar workplaces where food and beverage services are provided, in a way that can be easily…
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An ambitious super-fast train initiative is set to revolutionize the commute between Ankara and Istanbul, dramatically slashing the journey from around four hours to an astounding 80 minutes. Unveiled as part of the ruling Justice and Development Party (AKP) election manifesto announced by President Recep Tayyip Erdoğan in April, the Ankara-Istanbul super-fast train project is…
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Türkiye has inaugurated a new runway of its second-biggest airport, seeking to expand the capacity at the facility that has been facing challenges in coping with the growing air and passenger traffic. The new runway, the second biggest in the country, is estimated to more than double the traffic capacity at Sabiha Gökçen, the third…
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