Turkey

Property sales soar almost 50 percent in Turkey

The number of property sales increased by 42.7 percent in April to 119,317 from the same period of the previous year, according to data released by the Turkish Statistical Institute (TÜ?K) on May 25.

Additionally, mortgaged house sales throughout Turkey reached 46,063, an increase of 96.5 percent compared to the same month of the previous year.

High tension in wage negotiations

With only three weeks left before the general elections, the resistance launched by metal workers in major automobile factories in Bursa, one of Turkey's centers of industry, has shifted the focus to the "class struggle." It looks as if the changing world and national economic climate will reflect on wage fights.

Hittite king comes to Istanbul

For a new project begun within the scope of Museums' Week, the Bilkent Cultural Initiative (BKG), the largest museum store chain in Turkey, has brought 3-D printing technology to the Topkap? Palace Museum Store, displaying a 3-D printed reproduction of a sculpture of Hittite King Suppiluliuma for visitors. 

PKK releases kidnapped soldier, technician in Turkey's east

The outlawed Kurdistan Workers? Party (PKK) released two people who they kidnapped a few days prior, in Turkey?s southeastern province of Mu? on May 22. 

In a statement issued on their website, the Mu? Governorate said the PKK had released the two people, a soldier and a technician, early May 22.

Turkey's newest 'crazy project'

I am grateful to the Central Bank for banning me from their regular meetings with economists. If it weren?t for that, I would have missed, like most market economists, the unveiling of Turkey?s new megaproject, which coincided with the bank?s latest meeting on May 21.

After sending ship, Turkey to donate $1 million for Rohingya refugees

Turkey has pledged to add $1 million to efforts by the International Organization for Migration (IOM) and the United Nations High Commissioner for Refugees (UNHCR) to provide humanitarian aid for Rohingya and Bengalese refugees stranded at sea, Anadolu Agency has reported, citing presidency sources. 

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