Daily Archives: September 24, 2018

Main opposition CHP lawmaker Berberoğlu speaks after release from prison

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Turkey’s Court of Cassation has approved the conviction of main opposition Republican People’s Party (CHP) lawmaker Enis Berberoğlu, while postponing the execution of the five-year jail sentence due to his status as a member of parliament. Berberoğlu was released from Istanbul’s Maltepe Prison … Continue reading

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Fitch forecasts slower growth, higher inflation in Turkey

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Fitch has reduced its economic growth forecasts for Turkey and increased its inflation forecast for the country in the wake of a significant loss in the Turkish Lira’s value against the greenback in its latest global economic outlook. In the outlook, which was … Continue reading

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Over 1,200 irregular migrants held in Turkey in past week

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The Turkish Interior Ministry on Sept. 22 said 1,210 irregular migrants were held this past week, from Sept. 14 to 21. In the western İzmir province and northern Aegean provinces, a total of 426 migrants were held in 11 different incidents, according … Continue reading

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Turkish Constitutional Court received 200,000 individual applications in last six years

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The Constitutional Court received 191,371 individual applications between 2012 and June 30 of this year. The court broke down the figures according to the number of applications made per year. In 2012, it received 1,342 individual applications, while it received a whopping … Continue reading

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Germany is ‘ideal partner for new Turkish business model’

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The business models in Turkey and Germany create many different types of cooperation opportunities, making Germany an ideal trade partner for Turkey, the chair of a prominent business organization has said. “Given Turkey’s and Germany’s respective business models and economic positions, so many different types … Continue reading

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Prostitution is against human dignity: Turkey’s top court

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Turkey’s Constitutional Court has ruled that legal protections on privacy rights do not cover prostitutes because “accepting prostitution as a profession would be against human dignity.” Turkish news website Habertürk reported on Sept. 19 that the Constitutional Court recently ended a legal … Continue reading

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Ankara sharply cuts investment levels for Turkish citizenship

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Turkey has significantly eased the required limits for foreigners to acquire Turkish citizenship to encourage investment, according to new regulations published in the country’s Official Gazette on Sept. 19. The lower limit of fixed capital investments to acquire Turkish citizenship for foreigners has been reduced to $500,000 … Continue reading

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Turkey’s Wealth Fund to become international brand: Fund chief

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Turkey’s Wealth Fund will become an international brand just like Singapore’s Temasek, Malaysia’s Khazanah Nasional and Russia’s RDIF, the general manager of the fund said on Sept. 19. Speaking at the 9th Istanbul Finance Summit (IFS18), Zafer Sönmez said wealth funds around the world … Continue reading

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