“They take this money from you by force through international arbitration,” said President Recep Tayyip Erdogan, who broke ground on the Kanal Istanbul after the Republic People’s Party (CHP) Leader Kemal Kilicdaroglu called on companies and creditors not to join the Kanal Istanbul tender as they won’t pay its money when they come to power....
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A possible reverse capital control ahead
What matters on Wednesday, March 29
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Central Banks keeps interest rate steady at 8.5%
The message from Russia: ‘I am in the Middle East too’
What matters on Thursday, March 23
The post-earthquake needs analysis
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World automotive sector influenced by semiconductors (chip sector) demand
The highest monthly CAD in the history of the republic
What matters on Tuesday, March 21
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Dollar lost its savings instrument edge
Quake-hit cities to get investment support
15% of earthquake victim voters migrated
What matters on Tuesday, March 14
A law specific to Istanbul is a must: Mayor of Istanbul
Share of compensation of employees in the GVA hits a 25-year low
Author: Canan Sakarya (Canan Sakarya)
HDP closure case begins
The closure case has officially been started as the Constitutional Court of Turkey (AYM) has approved the indictment against the People’s Democratic Party’s (HDP). The 843-page indictment calls for the political ban of 451 party managers and members including 52 HDP deputies. “The HDP is the political branch of PKK terrorist organization. Party buildings have...
New mining law expected in fall
Steps will be taken in autumn to upgrade the Mining Law. The most important pillar of the new law will be the rehabilitation of mining fields, according Seref Kalayci, Deputy Minister of Energy and Natural Resources. Kalayci underlined at a presentation made to the Parliament’s Global Climate Change Research Commission that the most important amendment...
Paris Agreement should be ratified: Business world
The Union of Chambers and Commodity Exchanges of Turkey (TOBB) and the Turkish Industry and Business Association (TUSIAD), which made separate presentations to the Global Climate Change Research Commission of the Parliament, are demanding that Turkey ratify the Paris Agreement. TOBB Sectors and Entrepreneurship Department Head Ahmet Saygin Baban noted in his presentation that Turkey...
Fourth judicial package reaches final stage
Judicial Package prepared by the Ministry of Justice THE FOURTH within the scope of the Judicial Reform Strategy Paper and Human Rights Action Plan has taken shape to a large extent. Seven laws will be amended in the 32-item package, which went through the final phases of study this week. It will be submitted to...
Political parties accelerate work on new constitution
IYI Party Leader Meral Aksener announced her party’s proposal on the ‘improved and strengthened parliamentary system’ following Nationalist Movement Party (MHP) Leader Devlet Bahceli’s announcement of the 100-item proposal in response to President Recep Tayyip Erdogan’s call for a new constitution. “Our partners in the People’s Alliance, the MHP and the Great Union Party (BBP),...
Muharrem Ince launches roadmap for new party
Muharrem Ince, who entered politics in his youth with the Republican People’s Party (CHP), never managed to reach the leadership levels he desired and eventually ended up splitting with CHP. He has now established the Homeland (Memleket) Party. As a former presidential candidate for the CHP, Ince has set the ultimate goal to win the...
CHP and IYI Party shut the door on MHP’s constitution proposal
THE NATIONALIST MOVEMENT PARTY (MHP) LEADER DEVLET BAHCELI announced a new constitution proposal consisting of 100 articles for the 100th anniversary of the Republic. “Reconciliation and preparation of a new constitution is a national obligation,” Bahceli said, calling on political parties to support the new constitution. The draft constitution will be submitted first to the...
New ‘mini’ economy law package to include technical regulations
A new omnibus bill has been prepared oncovering in issues at the Ministry of Treasury and Finance that are included in the scheduled economic reform package previously announced by President Recep Tayyip Erdogan. The ‘mini’ economy package, which won’t be very comprehensive, is said to include some technical regulations to be implemented by June 30,2021....
Combating unregistered fuel sales
The Tax Procedure Law and the Legislative Proposal on the amendment of some laws introducing new measures and penalties within the scope of the fight against fuel smuggling have been adopted in the Planning and Budget Commission. The legislative proposal is expected to be enacted this week. AK Party Konya Deputy Ziya Altunyaldiz, the first...