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☆ Turkish annual inflation soars to 67% in February
▼ + stars: | 2024-03-04 | by ( Natasha Turak | ) www.cnbc.com time to read: +3 min

Turkish annual consumer price inflation soared to 67.07% in February, the Turkish Statistical Institute said Monday, coming in above expectations. Analysts polled by Reuters had anticipated annual inflation would climb to 65.7% last month. The combined sector of hotels, cafes and restaurants saw the greatest annual price inflation increase at 94.78%, followed by education at 91.84%, while the rate for health stood at 81.25% and transportation at 77.98%, according to the statistical institute. "Obviously a disappointing set of inflation prints this morning," Timothy Ash, emerging markets strategist at BlueBay Asset Management, wrote in a note. He added that this development has "continued to put downward pressure on the lira," creating an inflation pass-through.

Persons: Liam Peach, Mehmet Simsek, Turkey's, Timothy Ash, Ash Organizations: Turkish Statistical Institute, Reuters, Food, Economics, Capital Economics, Turkish, BlueBay Asset Management, FX Locations: Sariyer, Istanbul, Turkish, London

☆ Turkey Arrests 25 Suspects Over Church Shooting - Minister
▼ + stars: | 2024-02-02 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +2 min

ISTANBUL (Reuters) - Turkish authorities have formally arrested 25 suspects in connection with the shooting of a man during a service at a church in Istanbul last weekend, Justice Minister Yilmaz Tunc said on Friday. The two main suspects were foreign nationals, one from Tajikistan and the other Russian, Interior Minister Ali Yerlikaya said previously. Tunc said the 25 suspects were charged with membership of an illegal organisation and aggravated intentional homicide, adding that another nine suspects were released pending trial. The murdered man had gone into the church while out for a walk and had no political or religious affiliations, his cousin has said. Turkish authorities have detained 2,086 people suspected of ties to Islamic State since June 2023, Yerlikaya has said.

Persons: Yilmaz Tunc, Tunc, Ali Yerlikaya, Yerlikaya, Daren Butler, Raju Gopalakrishnan Organizations: Islamic, Islamic State, Italian Santa Maria Catholic Church, Authorities, Reuters Locations: ISTANBUL, Istanbul, Islamic State, Tajikistan, Israel, Gaza, Italian, Istanbul's Sariyer, Turkish, State, Turkey, Jan

☆ Man Killed in Istanbul Church Shooting Was Out for a Walk, Relative Says
▼ + stars: | 2024-01-29 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

Murat Cihan, the victim's cousin, said his relative had no political or religious connections and lived "in his own world". CCTV footage verified by Reuters shows the two gunmen waiting briefly in an entrance hall at the church, before following a man inside. Another angle shows the attackers shooting the man walking in ahead of them. Istanbul Mayor Ekrem Imamoglu said the Polish consul general was also inside the church with his family during the attack. Footage from inside the church on Monday showed bullet holes on the side of a pew, as well as another in a wall.

Persons: Mehmet Emin Caliskan, Tuncer Murat Cihan, Murat Cihan, Sukru Genc, Ekrem Imamoglu, Tayyip Erdogan, Tuncer, Alex Richardson Organizations: Islamic, Authorities, Italian Santa Maria Catholic Church, Reuters, Islamic State Locations: Mehmet Emin Caliskan ISTANBUL, Istanbul, Italian, Sariyer, Tajikistan, Russia, Sariyer's, Polish

☆ Istanbul church shooting victim was a Muslim, says local official
▼ + stars: | 2024-01-29 | by ( Scott Mclean | ) edition.cnn.com time to read: +2 min

CNN —The lone victim of Sunday’s ISIS-claimed shooting at the Santa Maria Catholic Church in Istanbul was a Muslim, according to a local official. “During the attack, a citizen from Bayburt at the entrance, a Muslim citizen, lost his life,” said the mayor. A funeral ceremony for Tuncer Murat Cihan, the victim of the shooting, is held on Monday. Dilara Senkaya/Reuters“According to the priest, he was constantly going to church and the priest knew this person and referred to him as ‘a good person,’” added Genc. ISIS has claimed responsibility for a shooting, according to a statement from the ISIS-affiliated Amaq news agency, citing a security source from the terror group.

Persons: Sukru Genc, ”, Ali Yerlikaya, Tuncer Murat Cihan, Dilara Senkaya, ” Genc, BirGün, Genc, Witold Lesniak, Recep Tayyip Erdogan’s, “, ” Erdogan, Davut Gul, Anadalou Organizations: CNN, ISIS, Santa Maria Catholic Church, Turkish, Reuters, Polish Locations: Istanbul, Sariyer, Bayburt, Turkish, Tajikistan, Russia, Turkey

☆ Masked Gunmen Kill One Person in Istanbul Church -Turkish Interior Minister
▼ + stars: | 2024-01-28 | by ( Jan. | At A.M. | ) www.usnews.com time to read: 1 min

ANKARA (Reuters) - Two masked gunmen shot one person dead during Sunday service at a church in Istanbul, Interior Minister Ali Yerlikaya said, adding that authorities were working to capture the assailants. Yerlikaya, who condemned the attack, said it took place around 0840 GMT at the Italian Santa Maria Catholic Church in the Sariyer district. "C.T., who was among those participating in the service, was the target of a gun attack by two masked individuals and sadly lost his life," the minister said on social media platform X, referring to the initials of the victim. Turkish officials tend to not use the full names of victims or perpetrators of attacks. Footage from the church showed several police cars and an ambulance outside the building.

Persons: Ali Yerlikaya, Yerlikaya, Bernadette Baum Organizations: Italian Santa Maria Catholic Church Locations: ANKARA, Istanbul, Italian, Sariyer

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