What matters on Wednesday, November 10

Turkey commemorates the 83rd death anniversary of Mustafa Kemal Ataturk, the founding father of the Republic of Turkey. As is customary, sirens wailed at 9.05 a.m., exact time he passed away at the age of 57, and millions of people across the country observed two minutes of silence. Special events will be carried out throughout the country today.

The European Union (EU) will tighten the control of pesticides for lemon, orange, mandarin, pomegranate, bell pepper and chili pepper, and vine leaf. The decision, which was published in the Official Journal of the EU will, enter into force on November 24.

Home appliances company Arcelik has secured EUR 150m loan from the European Bank for Reconstruction and Development (EBRD) for green manufacturing. The loan will support a 3-year environmentally sustainable investment program.

The price of gasoline per liter is expected to be decreased by TRY 0.30 as of November 11. In case it is reduced, it will fall to TRY 8.12 in Istanbul, TRY 8.20 in Izmir, and TRY 8.19 in Ankara. On the other hand, no price change is expected in diesel and liquefied petroleum gas (LPG).


The unemployment rate dropped by 0.3 points to 11.5% in September, compared to the previous month, according to the Turkish Statistical Institute (TurkStat).

The Construction Cost Index increased by 0.25% in September, compared to the previous month, according to TurkStat. The index surged by 39.54% on an annual basis.

The overall export unit value index increased by 11.8% while the overall import unit value index rose by 23.4% in September, compared to the same month of the previous year, according to TurkStat. The overall export volume index surged by 16.3% and the overall import volume index decreased by 9.2% in the same period.

The Parliament will discuss the Presidential motion to extend the deployment of Turkish troops in Azerbaijan for one more year.

The Parliament’s Planning and Budget Commission will discuss the budget of the Ministry of Family and Social Services.


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