Latest News from Turkey
International Finance Corporation launches bond program in Turkish Lira
The International Finance Corporation (IFC) said on June 22 it has introduced an innovative financial instrument to expand the availability of Turkish Lira financing for private enterprises in Turkey.
The IFC, a member of the World Bank Group, has become the first multilateral institution to issue lira-denominated discount notes.
Foreign direct investment inflow to Turkey falls 23 pct this year
Turkey received $570 million in foreign direct investment (FDI) in April, down from $911 million in April last year, according to data released by the Economy Ministry on June 22.
Foreign investments in Turkey also only reached $4 billion in the first four months of 2015, marking a 23 percent decrease from the $5.2 billion invested in the same period last year.
Turkey permits Turkish Stream engineering survey
Ankara has granted permission for offshore research relating to the planned Turkish Stream gas pipeline, Russia's Gazprom said on June 22.
"Turkey has granted permission for an engineering survey of the offshore section of Turkish Stream," Gazprom said in a statement, as reported by Reuters.
Polls results sweep away AKP-style moustaches from bureaucracy
Turkey's bureaucrats have never been known as paragons of fashion and style, but the army of (mostly) men that constitute the country's civil service are loudly sporting Summer 2015's hottest new look: almond moustache-free facial hair.
Ukrainian girl stays three days with dead parents in Turkey
A 6-year-old Ukrainian girl has been rescued from starvation after remaining for three days next to her parents following their death at a Turkish resort.
Armenia police disperse protest over power price hikes
Riot police in the Armenian capital early June 23 used water cannon to disperse several hundred demonstrators protesting a government hike in electricity prices, an AFP journalist reported.
Kurds find torture center, prison cells of ISIL
As Syrians who fled the clashes between the Islamic State of Iraq and the Levant (ISIL) and Kurdish forces have started returning to Tal Abyad after the jihadists' defeat, Kurdish militia have discovered a torture center and prison cells in the Syrian town.
Syrians live outdoors in Turkey's resort town of Bodrum
Hundreds of Syrian refugees have been living outdoors in Turkey?s southern resort town of Bodrum, while locals have expressed both their sympathy and their concerns, fearing the situation could negatively impact tourism.
East and West differ on Turkish election results
Analysis about what the June 7 election represented, and expectations as to what should happen now, vary depending on whether you are looking from the west or the east. The view from the west is easy to figure out.
The contribution of King Suppiluliuma to Hatay's economy
Hatay is one of the cities most affected by the civil war in Syria. When I had visited in December 2011, relations with Syria had started to deteriorate and the city?s economy was feeling the consequences.
The two year-long honeymoon that came with the lifting of visa requirements following 40 years of cool weather was making everyone smile.
Expect a shift in Turkish foreign policy soon
It will soon be clear, perhaps within weeks, whether a coalition government will be formed in Turkey, preventing the country from being dragged to another election this year.
Syrian Turkmens form party in Turkey's south
Turkmens, who have fled from Syria to Turkey due to the Syria?s ongoing war, have established a political party in Turkey?s southern province of Osmaniye.
The Syria Turkmen Development Party was established in Osmaniye by a group of Syrian Turkmens, party leader Ömer ?sa and party spokesman Hasan Musullu said during a press meeting at their party?s headquarters.
Ex-Pakistani PM Gilani ordered to return necklace donated by Turkey's first lady after 2010 flood
Pakistan?s Federal Investigation Agency (FIA) has issued a notice to the country?s former Prime Minister Yousaf Raza Gilani to return a necklace donated by the Turkish president?s wife after the 2010 floods in the country, Pakistan Today reported on its website on June 21.
Newly elected members of parliament to take oath at first session
New members of the 550-seat Turkish parliament will take their oaths at the first session of the national assembly on June 23.
Russian billionaire anchors off of Turkey's Aegean coast
One of world?s richest businessmen, Russian billionaire Oleg Deripaska, anchored two of his yachts off the idyllic coasts of Turkey?s Bodrum province on June 22.
Deripaska headed to his yacht ?Sputnik? (R) after landing at the Milas-Bodrum Airport in his private jet. He then went aboard his other 75-meter yacht ?Queen K,? joining his wife Polina and their two children.