Turkey’s central government budget ran a deficit in June due to increased spending on current transfers and staff salaries. The government ran a deficit of 31.1 billion pounds ($1.8 billion) in June, according to Treasury figures. In May it had posted a record surplus of £144bn, mainly due to rising tax revenues. Spending rose 87% […]
Tag: Turkey
Turkey: Shock prices on basic items – Up to 614% on lemons and potatoes
High production and transport costs combined with the long winter in Turkey this year have driven up the prices of 4 key agricultural products: potatoes, onions, tomatoes and lemons “seeing” increases at the counter ranging from 100% to 614% compared with 2021. According to Cumhuriyet, potatoes from 70 kouros/kg sold on average last year are […]
Turkish analysts: US gives F-35 to Greece and finds it difficult to give us F-16
The armament upgrade of Greece – with the acquisition of the French Rafale, the upgrade of the F-16s and the acquisition of the F-35s – is the issue that concerns analysts in Turkey again, after the shock caused by the recent decision of the American Congress . As reported by the SKAI correspondent in Istanbul, […]
Turkey: Inflation reached 80%
Unprecedented increases in food and transport costs are pushing inflation in Turkey to almost 80%. This is a record of the last 24 years. Locals in Antalya avoid supermarkets because of the higher prices and do their shopping at Terikova street market where most products are much cheaper. The economic crisis in Turkey, however, makes […]
Turkish provocations and American ‘messages’
By Kostas Raptis The stunt continues – and so does the expansive rhetoric. Tayyip Erdoğan’s country finds that restoring its relations with the West is a much more difficult task than it would have expected, since the objective upgrading of its role due to the Ukrainian crisis does not limit the contradictions of both itself […]
Turkish businessman extradited from Austria to the US, which has prosecuted him for money laundering
A Turkish businessman accused of money laundering was extradited from Austria to the US on Friday, according to a press release from the US Department of Justice. Sezgin Baran Korkmaz was escorted by members of US law enforcement agencies to Utah, where he has been charged with laundering more than $133 million through his accounts […]
Syrian Democratic Forces call on Russia-Iran to prevent Turkey from launching new attack on Kurds
The leader of the US-backed Kurdish-Arab coalition Syrian Democratic Forces (SDF) called on Moscow and Tehran today to prevent Ankara from launching a new offensive in northern Syria, days before a Turkish-Russian-Iranian summit. on the subject of the war in this country. The Turkish army has been deployed since 2016 in northern Syria, around the […]
Erdogan: ‘Turkey is not captured, our nation does not kneel’
“We have shown friends and foes that Turkey can never be captured and the Turkish nation can never kneel,” Tayyip Erdogan said in a taped speech on the 6th anniversary of the failed 2016 coup attempt. As TRT reports, the Turkish president began his speech by saluting “every citizen who protected the homeland, the flag […]
A question about the ‘continuous vandalism and destruction in Hagia Sophia’ was submitted to the Commission by M. Kefalogiannis
To take measures to save the decoration and mosaics of Hagia Sophia in Istanbul “from the destruction and vandalism that have occurred in the last two years”, as “it is the most emblematic Church of Orthodoxy, but also a UNESCO World Heritage Site “, ND MEP Manolis K. Kefalogiannis asks the European Commission, with a […]
US – House of Representatives: Amendment blocking F-16 sale to Turkey passed
LAST UPDATE: 23.55 Chris Pope’s amendment that prohibits the sale of new F-16s, modernization kits or upgraded technology to any entity in Turkey also passed the plenary session of the House of Representatives. The amendment – or one of the two blocking the sale of American F-16s to Turkey – had received the first “yes” […]
