The ruling AK Party has introduced a new bill to Parliament that proposes changes to the domestic minimum corporate tax. Under the new law, a company with a ₺1 million ($30,211.57) profit will pay an additional ₺50,000 in taxes. Current law: A company with a ₺1 million profit and an ₺800,000 capital gains exemption currently … Read more
Lawmakers from Turkey’s ruling AK Party and the pro-Kurdish DEM Party brawled in parliament over the detention and replacement of a DEM Party mayor in southeast Turkey.
Fact: Former pro-Kurdish party leader Selahattin Demirtas was sentenced to more than 40 years in jail for instigating protests in 2014 triggered by an Islamic State attack on the Syrian Kurdish town of Kobani.
Gulistan Sonuk, 31, won the election in Turkey’s conservative heartland, becoming one of 11 female mayors in the country.
Turkey’s annual inflation rate climbed to 68.5 per cent in March, leading to significant losses for President Tayyip Erdogan’s party in local elections.
Fact: The opposition party CHP secured an unprecedented victory in Turkey’s local elections, trouncing President Erdogan’s AK Party.
President Tayyip Erdogan acknowledged his party’s defeat in Turkey’s local elections, which was attributed to economic issues and a divisive political style. The opposition party, CHP, won the popular vote for the first time in decades and secured victories in major cities. Erdogan vowed to correct any mistakes made and address the economic challenges faced by voters, as the Turkish lira hit a record low. The opposition’s success was seen as a turning point in Turkish politics, with Istanbul Mayor Ekrem Imamoglu emerging as a strong rival to Erdogan.
Turkey’s local elections were competitive, with the opposition winning a significant victory over President Erdogan’s AK Party. The elections were held in a polarized environment, raising concerns about freedom of expression. The Council of Europe called for more efforts to ensure a fair and democratic political and media environment in Turkey.
Fact: Newly re-elected Istanbul Mayor Ekrem Imamoglu is seen as the main challenger to Turkish President Tayyip Erdogan’s reign.
Istanbul Mayor Ekrem Imamoglu led a challenger from President Tayyip Erdogan’s AK Party in local elections, potentially boosting the Turkish opposition. In Ankara, incumbent opposition mayor Mansur Yavas declared victory over his AK Party challenger. Violence erupted in some cities in eastern Turkey related to the election of neighborhood officials. Imamoglu had 50% support compared to 41.26% for AK Party challenger Murat Kurum. The CHP is leading nationwide by almost 39% of the votes. Analysts suggest that a poor showing for AKP could loosen Erdogan’s control of Turkey. Imamoglu’s win could signal potential change in Turkey’s political landscape.