Turkish archaeologists have unearthed evidence of an imperial Roman garrison in the ancient city of Hadrianopolis, near modern-day Eskipazar in the northern Turkish province of Karabük, producing a fragment of an iron mask believed to have been worn by cavalry in the Roman army some 1,800 years ago. Excavation of the ancient city of Hadrianopolis,…
1,800-Year-Old Iron Mask of Roman Soldier Unearthed in Ancient City Points to Imperial Garrison in Turkey
Huge Explosion Hits Key Iraq-Turkey Oil Pipeline, Sending Oil Prices to 7-Year-High
A huge explosion hit a key oil pipeline in the city of Kahramanmaras in southeastern Turkey late on Tuesday evening, officials said, sending oil prices to a seven-year-high. Turkey’s state pipeline operator Botas said in a statement that it had cut oil flow at the Kirkuk-Ceyhan pipeline following the explosion and that firefighters and emergency…
Uyghurs in Turkey File Criminal Complaint Against Chinese Officials
ISTANBUL—Nineteen people from China’s Uyghur Muslim ethnic group filed a criminal complaint with a Turkish prosecutor on Tuesday against Chinese officials, accusing them of committing genocide, torture, rape, and crimes. Lawyer Gulden Sonmez said it was necessary because international bodies had not acted against the Chinese communist regime, who has been accused of facilitating forced…
Turkey Officials Say Inflation Jumped 36 Percent Amid Ongoing Lira Woes
Turkey’s annual inflation soared to its highest level in 19 years in December 2021, according to data from the Turkish Statistical Institute published on Monday. The country’s annual inflation jumped to 36.08 percent year-on-year in December, the highest since September 2002, just months before President Tayyip Erdogan’s AK Party first took office, and far exceeding the annual inflation…
Turkey Freezes Assets of 770 People for Alleged Terror Links
ISTANBUL—Turkey froze the assets of 770 Turkish nationals and a Chicago-based foundation, according to a decision published Friday in the country’s official gazette. The list of targets includes 454 people with alleged links to Muslim cleric Fethullah Gulen, who lives in the United States. The Turkish government accuses Gulen and his network of being behind…
Turkey’s Erdogan Says He’s Cut Inflation to 4 Percent Before, Can Do Again
ANKARA—President Tayyip Erdogan said he had lowered Turkey’s inflation to around 4 percent before and that he will achieve that again, as it topped 21 percent following a push for aggressive cuts in interest rates that he has engineered. Erdogan has said that policy, which has sent the country’s lira crashing, was part of a…
Turkish Stock Market Halts Trading Twice Amid Rampant Inflation
The Turkish stock market was closed twice on Friday after a devastating crash, as the country faces snowballing inflation and a floundering economy. The Istanbul Stock Exchange (Borsa) halted trading of equities, equity derivatives, and debt repo transactions on Friday at two separate times as the country’s economic crisis reached a new level of alarm….
Turkish Citizens Abandon the Lira for Dollars Amid Unstable Economy and Soaring Inflation
November 29, 2021
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Turkish citizens are abandoning the country’s currency, the lira, in exchange for U.S. dollars amid an unstable economy that has seen inflation levels soar. The lira crashed 15 percent against the dollar on Tuesday last week in its second-worst day ever after President Tayyip Erdogan, who has led the country since 2003, said that he would not be deterred…
Official: Human Error Likeliest Cause of Bulgaria Bus Crash
SOFIA, BULGARIA—Human error is believed to be the most likely cause of the fiery bus crash in Bulgaria that killed 44 people, including 12 children, early Tuesday, a Bulgarian official said Thursday. The bus, which officials said had 52 people on board, mostly nationals of North Macedonia, was one of four returning from a trip…
Consumers Feeling the Pain of Inflation This Thanksgiving
On the verge of celebrating Thanksgiving with her family, Melissa Ngo wasn’t happy after her grocery shopping trip. The high price of gasoline has cut into her family’s budget for everything, she said. She’s now having to shop at three different grocery stores—Giant Eagle, Marc’s, and Aldi—to find the lowest prices. “It’s everything,” said Ngo,…
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