SAMANDAG, Turkey—Nearly two weeks after a massive earthquake leveled tens of thousands of buildings and displaced millions of people in Turkey and Syria, many are still struggling to fulfill their basic needs and some are bedding down in tents, factories, train cars, and greenhouses. People pushed from their homes in the disaster zone described a…
In a First, Turkish Court Arrests Journalist Under ‘Disinformation’ Law
ANKARA—A Turkish court ordered the arrest of a journalist in the country’s southeast for allegedly spreading “disinformation,” his lawyer said on Dec. 15. The arrest comes two months after parliament passed legislation that President Tayyip Erdogan’s ruling party said would protect the public. Critics say the law could be abused by authorities in order to…
Turkey Vows More Retaliation After 2 Killed in Cross-Border Kurdish Strikes
ISTANBUL/AMMAN—Turkey said a Kurdish militia killed two people in mortar attacks from northern Syria on Monday, in an escalation of cross-border retaliation following Turkish air operations at the weekend and a deadly bomb attack in Istanbul a week ago. Turkey’s armed forces said it was responding, and a senior security official told Reuters that Turkish…
Turkish Competition Board Fines Meta Platforms $18.6 Million
ISTANBUL—Turkey’s competition authority has fined Facebook parent Meta Platforms Inc. 346.72 million lira ($18.63 million) for breaking competition law, it said on Wednesday. The Turkish regulator said the company held a dominant position in personal social networking services and online video advertising and had obstructed competitors by merging data collected through its core services Facebook,…
A Vegetarian Journey Through Turkish Cuisine in Meat-Centric Istanbul
By Alicia Eler From Star Tribune Every time I’ve gone to Istanbul to visit family, I stuffed my face with spicy köfte kebab and other meaty dishes. One of my fondest food memories in Turkey happened when I was 11 and we were driving through the countryside, en route to my grandfather’s old flour factory…
Ducks, Dung, and Hay in Eastern Turkey
I’m in Kastamonu, five hours northeast of the Turkish capital of Ankara. It’s a town that has yet to figure out the business of tourism. The business hotel where I’m staying is cheap and comfortable, but not slick. I hand a postcard to the boy at the desk, hoping he can mail it for me….
Turkish Lira Declines Against Dollar Again Amid Concerns Over Erdogan’s Monetary Policy
December 27, 2021
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The Turkish Lira slid against the dollar yet again on Monday amid ongoing investor concerns over President Tayyip Erdogan’s monetary policy. The decline follows a rollercoaster ride of volatility that saw the currency surge more than 50 percent last week after the country’s government announced a number of measures to safeguard deposits held in lira against currency fluctuations….
Turkish Unit of Crypto Exchange Binance Fined, News Agency Says
ISTANBUL—Turkey’s Financial Crimes Investigation Board (MASAK) imposed an 8 million lira ($751,314) fine on the local unit of cryptocurrency exchange Binance over violations found during liability inspections, the Anadolu news agency said on Saturday. The fine imposed on BN Teknoloji was the first of its kind after the authority took on responsibilities to oversee crypto…
Turkish Lira Holds Ground After Week’s Volatile Selloff
ISTANBUL—Turkey’s lira was flat on Thursday after a historic slide to record lows this week that was triggered by President Tayyip Erdogan’s defence of interest rate cuts, despite widespread criticism of his policy direction. The lira was worth 12.09 versus the dollar by 1044 GMT, after having firmed as much as 2 percent to 11.85…
Turkish Lira Dives Deeper After Erdogan Seeks Expulsions
October 25, 2021
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ISTANBUL—The Turkish lira skidded to another all-time low of 9.85 on Monday after President Tayyip Erdogan said he had ordered the expulsion of ambassadors from the United States and nine other Western countries, risking a diplomatic rift. Concerns over possible fallout for foreign investment, combined with unease over the central bank’s surprisingly sharp rate cut…
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