Category: News – Turkey

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Turkiye’s Central Bank raises interest rates to 42.5% to combat high inflation

A return to orthodox fiscal policies in Turkiye has seen a steep rise in interest rates as the Turkish government and Central Bank seek to check rampant inflation. On Thursday, as expected, the Central Bank announced a rise in interest rates – the seventh consecutive monthly increase. The 250 basis points means interest rates now […]

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Turkish MP accused AKP government of being ‘Israel’s accomplice’ moments before suffering a heart attack

An MP from the religious Felicity [‘Saadet’] Party has passed away two days after suffering a heart attack in the Turkish Parliament on Tuesday. Hasan Bitmez, 53, gave a blistering 20-minute speech in the Grand National Assembly where he fiercely criticised the Turkish government for maintaining normal economic relations with Israel while it massacred civilians […]

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Turkish police arrest suspected British crime boss in Istanbul hotel

A British man accused of being the “ringleader” of an armed gang operating in northeast England has been arrested in Istanbul after being made the subject of an Interpol red notice. Shaun Monaghan was detained by Turkish narcotics police, who found the fugitive in a hotel in Istanbul. The arrest was confirmed by Turkish Interior […]

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Lawyer gets battered by prosecutor’s driver and bodyguard after telling them off for driving the wrong way down 1-way street

A complaint has been filed by a Turkish lawyer, Bülent Akbay, against the bodyguard and driver of the İskenderun Chief Public Prosecutor Muhammet Emin Ünalan after the pair brutally him. The incident started outside İskenderun Courthouse in Hatay Province, southern Turkiye. According to a news report in Birgün newspaper, Mr Akbay was driving his car […]

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NATO allies Türkiye and UK sign new defence and security pact

Türkiye and the United Kingdom have continued to extend their co-operation on defence and security issues by signing a Statement of Intent. The new agreement, signed in Ankara by British Defence Secretary, Grant Shapps, and Yaşar Güler, the Minister of National Defence for Turkiye, on Thursday, 23 November, follows increased co-operation between the UK and […]

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Turkiye’s Tersan Shipyard launches Canada’s largest fishing trawler

The Tersan Shipyard in Yalova,,northwest Turkiye, is one of the Europe’s biggest shipyards. This privately-owned modern shipyard is renowned for ship repairs, conversions and shipbuilding, and prides itself on its green credentials. At the end of October, Tersan launched NB1117, a factory freezer stern trawler — named Inuksuk II — that was built for Niqitaq […]

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Turkiye’s main opposition has a new a leader, as CHP members dump Kemal Kılıçdaroğlu

Manisa MP Özgür Özel is the new leader of Turkiye’s main opposition Republican People’s Party (Cumhuriyet Halk Partisi, CHP). The 49-year-old former pharmacist beat Kemal Kılıçdaroğlu in a leadership contest, bringing the incumbent’s 13-year term as CHP Leader to a close. The result means CHP goes into the nationwide local elections, which are just four […]