Turkey plans to raise taxes to shore up revenue and ‘create fairer system’ | The National

Turkey plans to raise taxes to shore up revenue and 'create fairer system' | The National

Turkey is planning major tax changes as part of an economic reform proposal that aims to shore up government revenue, reduce inflation and “create a fairer system”.The parliament, controlled by a coalition led by President Recep Tayyip Erdogan’s Justice and Development Party (AKP), will vote next week on a package of major new fiscal laws, … Read more

Families of Cypriot earthquake dead travel to Turkey for next phase of trial

Families of Cypriot earthquake dead travel to Turkey for next phase of trial

The families of the 24 Cypriot children who were killed when the Isias hotel in the Turkish city of Adiyaman collapsed travelled to Turkey on Tuesday ahead of the resumption of the trial of those held responsible on Wednesday.The 24 children, alongside 11 Cypriot adults and 47 others, were all killed when the hote, collapsed … Read more

Turkish manufacturing contracts further in May, PMI shows

Turkish manufacturing contracts further in May, PMI shows

Turkish factory activity contracted in May as demand slowed, leading to a decrease in production and employment. The Purchasing Managers’ Index for Turkish manufacturing fell to 48.4, below the 50-point level indicating growth. Firms reported a drop in new orders, including export orders, due to challenging demand conditions and high prices. Manufacturers scaled back production and reduced staffing levels, with some firms not replacing departing staff due to lower workloads. Inflationary pressures continued to decrease, with input and output prices increasing at a slower pace.

One dead and seven injured after building collapses in Istanbul

One dead and seven injured after building collapses in Istanbul

One person was rescued from a collapsed three-storey building in Kıutsuk Çekmeçe, Istanbul. Seven others were rescued earlier, two with serious injuries. Rescue teams are still working to save another person. The building was constructed in 1988, according to Istanbul Prefect Davut Gul. Video footage of the collapse has been circulating.

Gender equality is a priority for the European Union

Gender equality is a priority for the European Union

The European Union prioritizes gender equality, with the principle of equal pay for men and women established in 1957. Despite progress, inequalities persist, such as the 13% gender pay gap in 2021. Women are underrepresented in decision-making roles, particularly in the European Parliament. Violence against women is a serious issue, with one in three women experiencing physical or sexual violence. The EU has taken steps to address gender disparities, including mandatory data disclosure to reveal pay gaps and rules against violence, such as cyber violence and female genital mutilation. The EU has ratified the Istanbul Convention to protect women from all forms of violence.

Turkish club Fenerbahce begin negotiations with,  Mourinho

Turkish club Fenerbahce begin negotiations with,  Mourinho

Jose Mourinho has begun negotiations with Fenerbahce over the head coach role in the Turkish Super Lig club.

Another Russian exodus: Many who fled to Turkey move on again

Another Russian exodus: Many who fled to Turkey move on again

Tens of thousands of Russians who fled to Turkey after Moscow’s invasion of Ukraine have been leaving due to residency issues and soaring costs. The number of Russians with Turkish resident permits fell to 96,000, down by more than a third from 154,000 at the end of 2022. Many have headed to Serbia and Montenegro. Turkish inflation hit 70% last month, and basic banking has become difficult due to sanctions. Some Russians have also left due to struggles to get residence permits since early 2023.

Boeing lands in Istanbul without front landing gear, no casualties [VIDEO]

Boeing lands in Istanbul without front landing gear, no casualties [VIDEO]

A FedEx Airlines cargo plane landed at Istanbul Airport without its front landing gear deployed, following guidance from the control tower, but managed to stay on the runway. There were no casualties and the runway was temporarily closed after the incident.

Turkey says Israel trade halted until permanent Gaza ceasefire

Turkey says Israel trade halted until permanent Gaza ceasefire

Turkey has decided not to resume trade with Israel, valued at billion a year, until a permanent ceasefire is established in Gaza with unrestricted humanitarian aid for Palestinians. This decision was made due to Israel’s actions in Gaza, leading Turkey to become the first key trade partner to halt exports and imports with Israel. Last month, Turkey had already restricted exports to Israel, and now all remaining trade between the two countries will be stopped. Top Turkish exports to Israel include steel, vehicles, plastics, electrical devices, and machinery, while imports from Israel are mainly fuels.