DIRS.INFO The most relevant business & tech news

☆ Turkey opts for new tightening strategy after signaling a pause to hikes
▼ + stars: | 2024-03-15 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

A picture taken on August 14, 2018 shows the logo of Turkey's Central Bank at the entrance of its headquarters in Ankara, Turkey. Turkey's central bank is opting for a different monetary tightening method as it grapples with climbing inflation, after previously signaling that its rate-hiking cycle was over. The institution sent a directive to lenders, effective Friday, instructing them to put parts of their required lira reserves into blocked accounts. Economic data platform Emerging Market Watch posted on X, describing the central bank as taking "another tightening step via reserve requirements." "Last week the CBRT tightened restrictions on lira loan growth, a move that would likely have a similar impact to an interest rate hike."

Persons: That's, Arda Tunca, Dan Murphy Organizations: Turkey's Central Bank, Reuters, CNBC, Capital Economics, FX, Economics Locations: Ankara, Turkey, Turkey's, Istanbul, Turkish, London

☆ The pope raises eyebrows after saying Ukraine should have the 'courage of the white flag' and negotiate with Russia
▼ + stars: | 2024-03-10 | by ( Cameron Manley | ) www.businessinsider.com time to read: +6 min

Pope Francis said Ukraine should have the 'courage of the white flag' and negotiate with Russia. AdvertisementPope Francis has sparked controversy after saying Ukraine should have the "courage of the white flag" and negotiate an end to the war with Russia. "You are the heirs of the great Russia. The great Russia of the saints, of the kings, of the great Russia of Peter the Great, of Catherine II, that great imperial Russia, cultivated, with so much culture and humanity," he said. Turkish President Recep Tayyip Erdogan and Ukrainian President Volodymyr Zelenskyy meet in Istanbul March 8, 2024 Ozan Guzelce/dia images via Getty ImagesBut Russia and Ukraine continue to speak at cross purposes.

Persons: Pope Francis, —, Edgers Rinkēvičs, Matteo Bruni, Bruni, Zelenskyy, Darya, Alexander Dugin, Dugina, Dmytro Kuleba, Francis, Volodymyr Zelenskyy, Peter the Great, Catherine II, Oleh, " Bruni, Recep Tayyip Erdogan, Ozan Organizations: Service, RSI, Catholic Church, Ukrainian Foreign, Ukrainian Foreign Ministry, Kremlin, Kyiv Locations: Ukraine, Russia, Swiss, Turkey, Visegrad, Latvian, Russian, Moscow, Ukrainian, Istanbul, Turkish, Crimea

☆ Automation helps insulate Rohlik from a bruising 2023 for the grocery delivery sector
▼ + stars: | 2024-03-07 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +6 min

Read previewInvestors couldn't get enough of grocery delivery startups during the pandemic. Rohlik is on a pathway to profitability and has broken even in several key cities, CEO Tomas Cupr told Business Insider. Advertisement"The online grocery industry didn't have the best year in 2023, but we're still growing, which is super positive," Cupr told BI. At least 19 grocery delivery startups were operating across Europe at the height of the market. "The grocery delivery market remains a challenging area in Europe.

Persons: —, Tomas Cupr, Cupr, we've, Turkey's, Germany's, Nalin Patel, Jan Hammer Organizations: Service, Venture, Business, Ventures Locations: Europe, Prague, Czechia, Hungary, Munich, London, Paris, Budapest, Vienna, Istanbul, New York

☆ Turkish Opposition Disarray Lifts Erdogan's Hopes of Winning Back Istanbul
▼ + stars: | 2024-03-07 | by ( March | At A.M. | ) www.usnews.com time to read: +3 min

The alliance that helped propel Imamoglu to victory in Istanbul has since collapsed, and his nationalist and pro-Kurdish allies are fielding their own candidates this month. FRAGMENTED OPPOSITIONBut Imamoglu's hopes in Istanbul have been dented by the decision of the pro-Kurdish DEM Party and the Turkish nationalist IYI Party, whose voters supported him in 2019, to field their own candidates. Metropoll's latest survey showed support for Imamoglu among Kurdish voters had declined to 32% last month from 35% in January. Support among IYI party voters fell to 45% from 64%. Imamoglu has accused central government of hampering his delivery of services in Istanbul since 2019.

Persons: Tayyip Erdogan's, Ekrem Imamoglu, Erdogan, Imamoglu, pollsters MAK, Murat Kurum, pollster Murat Gezici, Kurum, Sencar, pollsters Metropoll, Imamoglu's, Ertan Aksoy, Canan Sevgili, Daren Butler, Gareth Jones Organizations: Birsen Altayli, AK Party, CHP, AKP, DEM Party, Turkish, IYI Party, Aksoy Research Locations: Birsen, Birsen Altayli ISTANBUL, Istanbul, Turkey's, Israel, Gaza, Ankara, Turkish, Imamoglu's, Turkey

☆ Xabi Alonso becomes Europe’s most wanted coach as Bayer Leverkusen runs away with Bundesliga
▼ + stars: | 2024-03-04 | by ( Ben Morse | ) edition.cnn.com time to read: +5 min

Xabi Alonso was appointed the club’s head coach in October 2022, with Leverkusen languishing near the bottom of the German table. Prior to being appointed Leverkusen’s manager, Alonso had coached Real Madrid’s Under-14 team and Real Sociedad’s B team. We have seen in the past what else can happen,” Leverkusen defender Jonathan Tag told Dazn after the victory over Köln. There are 10 games remaining in the Bundesliga season and Leverkusen is the strong favorite to win its first ever league title. And with Leverkusen in semifinals of the domestic cup and the round-of-16 stage of the Europa League, Alonso could cap off a memorable second season in first-team management with a hat-trick of trophies.

Persons: ’, Michael Ballack, Oliver Neuville, Dimitar Berbatov, Zé Roberto, Zidane’s, Xabi Alonso, Alonso, Ina Fassbender, –, Jeremie Frimpong, Grimaldo –, Grimaldo, Frimpong, John Muller, “, ”, Jonathan Tag, Köln, Wolfgang Rattay, Thomas Tuchel’s Organizations: CNN, Bayer Leverkusen, Bundesliga, Borussia Dortmund, Champions League, Real Madrid, Leverkusen, Spain, Bayern Munich, English Premier League, Köln, Getty, Real Sociedad, Liverpool, Merseyside, League, Spanish national team, Real Madrid’s, Real, Benfica, The, Bayern, Europa League Locations: Liverpool, AFP, Istanbul, Leverkusen, Europe

☆ 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

☆ I was in Moscow the day Putin invaded Ukraine, and some Russians were in tears
▼ + stars: | 2024-02-24 | by ( Cameron Manley | ) www.businessinsider.com time to read: +10 min

Russian police officers detain a woman during an unsanctioned protest rally against the military invasion on Ukraine, March,6, 2022, in Central Moscow, Russia. These quickly ceased when they saw Russian colleagues in tears, whose life savings had halved overnight. Russian friends began referring to Tbilisi as the "new Constantinople," referencing the city where anti-Bolshevik Russians fleeing the Communist revolution had taken refuge a century before. Russian President Vladimir Putin (L) meets French President Emmanuel Macron (R) on February 07, 2022 in Moscow, Russia. I stood at the glass window silently as the Russian border guard inspected my passport and now useless work permit.

Persons: —, Cameron Manley, Russia's, didn't, Vladimir Putin, Putin idi nakhui, Putin, Mir, Pushkin, Konstantin Zavrazhin, Alexey Malgavko, Stringer, Zelenskyy, Volodymyr Zelenskyy, Karen Minasyan, pragmatically, gossiped, Emmanuel Macron Organizations: Service, Business, REUTERS, National Guard, Anadolu Agency, Getty, Armed Forces of, Facebook, Bolshevik, Communist, Kremlin Press, AP, Saint Locations: Edinburgh, Scotland, Moscow, Ukraine, Russia's, Europe, Russia, Central Moscow, Russian, Omsk, Kyiv, Armed Forces of Ukraine, seeping, Belarus, Yerevan, Armenia, AFP, Istanbul, Dubai, Tbilisi, Constantinople, St Petersburg, Helsinki, West, Switzerland, Saint Petersburg, Finland

☆ US-Russian citizen Ksenia Karelina ‘didn’t have a worry in a world’ when she went to Russia. Then she was arrested for treason
▼ + stars: | 2024-02-21 | by ( Tara John | Mariya Knight | ) edition.cnn.com time to read: +4 min

CNN —When dual US-Russian citizen Ksenia Karelina boarded a flight from Istanbul to Russia in January, the last thing on her mind was that she would find herself behind bars weeks later on treason charges, her boyfriend told CNN’s Brianna Keilar Wednesday. She went on to Russia, while he returned to California - and that’s when he discovered she had been detained. Russian authorities took her cell phone then released her and she was able to see her family and contact him. Despite it all Van Heerden said he was hopeful the US would not give up on her. Ksenia Karelina's boyfriend said she had for years been a "semi-pro" ballerina.

Persons: Ksenia Karelina, CNN’s Brianna Keilar, Karelina “, ”, Chris Van Heerden, Karelina, Van Heerden, Ksenia, ” Karelina, Ukraine –, “, Nick Starichenko, Shutterstock, Andrei Soldatov, Evan Gershkovich’s, Vladimir Putin, Vadim Krasikov, ” Putin, Tucker Carlson Organizations: CNN, Angeles, Federal Security Service, Russia, Russia’s Federal Security Service, Court, Wall Street Locations: Russian, Istanbul, Russia, Yekaterinburg, California, Karelina, Ukrainian, Ukraine, America, Moscow, Germany, Chechen, Berlin, United States

☆ Two years after Apple quit Russia over Ukraine, Vision Pros are for sale in Moscow
▼ + stars: | 2024-02-21 | by ( Eamon Javers | ) www.cnbc.com time to read: +8 min

On the ground in Moscow, Apple products including MacBooks, iPhones and iPads are available in stores, although prices may be higher than they were pre-invasion. Asked about Vision Pro sales in Russia, an Apple spokesperson told CNBC: "As you are aware, Apple Vision Pro is only available at Apple Retail stores in the US." Still, at a retail outlet "re:Store," (pronounced Ree-store) a former official Apple reseller offers Apple products for sale at shops in Moscow. The chain's website features a large photo of a user strapped into an Apple Vision Pro, and the iconic bitten Apple logo with text reading, "Vision Pro: The era of spatial computers has come. Apple Vision Pro is already on sale."

Persons: Kremlin . WASHINGTON —, Tim Cook, Romance768, Sergey Romantsev, Romantsev, Alexei Navalny, We're, CNBC's Steve Kovach Organizations: Apple, CNBC, Vision Pro, Apple Vision, Apple Retail, Vision, Kremlin, Russia, Pro, Meta, Russian Ministry of Industry, Trade, Sputnik, White Locations: Los Angeles , California, U.S, Moscow, London, Ukraine, Russia, United States, Kremlin . WASHINGTON, St . Petersburg, New York, Russian, Patriarshiye, York, Istanbul, American, Washington

☆ Putin says a Biden presidency is better for Russia than a Trump one
▼ + stars: | 2024-02-14 | by ( Mariya Knight | ) edition.cnn.com time to read: +2 min

CNN —A Joe Biden presidency would be better for Russia than a Donald Trump one, Russian President Vladimir Putin told pro-Kremlin journalist Pavel Zarubin in an on-camera interview Wednesday. According to Putin, that war “could have been over a year and a half ago” if agreements during a meeting in Istanbul in March 2022 were kept. Putin didn’t specify what agreements he was referring to. I wasn’t only ready for that, I wanted that, because it would give me the opportunity to give tough answers back,” Putin said. “To be frank, I didn’t fully enjoy that interview,” he said.

Persons: Joe Biden, Donald Trump, Vladimir Putin, Pavel Zarubin, Zuribin, Putin, Biden, ” Putin, ”, Tucker Carlson, “ Organizations: CNN, Kremlin, Russia “, NATO Locations: Russia, Russian, Ukraine, Istanbul, Minsk

NEW YORK (AP) — Jared Kushner, Donald Trump’s former White House adviser and his son-in-law, defended on Tuesday his business dealings after leaving government with the Saudi crown prince who was implicated in the 2018 killing of Washington Post columnist Jamal Khashoggi. After Kushner left the White House, he started a private equity firm that received a reported $2 billion investment from the sovereign wealth fund controlled by Prince Mohammed, drawing scrutiny from Democrats. He dismissed the idea of there being any concerns about the appearance of a conflict of interest in his business deal. He also defended Prince Mohammed when asked if he believed U.S. intelligence reports that the prince approved the 2018 killing of Khashoggi, a Saudi dissident and Washington Post columnist. Kushner said he had not seen the intelligence report released in 2021 that concluded the crown prince likely approved Khashoggi’s killing inside the Saudi consulate in Istanbul.

Persons: — Jared Kushner, Donald Trump’s, Jamal Khashoggi, Kushner, Trump, Saudi Arabia’s Crown Prince Mohammed bin Salman, Prince Mohammed, ” Kushner, Khashoggi, “, ”, Joe Biden Organizations: House, Washington Post, Saudi Arabia’s Crown, White, Nintendo, Microsoft, Trump Locations: Saudi, Miami, America, Istanbul, Florida

☆ I quit my job to go on the 3-year Life at Sea cruise that was canceled. I still haven't received a refund.
▼ + stars: | 2024-02-12 | by ( Erin Snodgrass | Brittany Chang | ) www.businessinsider.com time to read: +7 min

He wanted to be identified by first name only for privacy reasons; his full name is known by Business Insider. He and 77 other would-be passengers who have yet to receive refunds are asking the US Attorney in Southern Florida to investigate Life at Sea's parent company, Miray Cruise Lines, LLC, for fraud. When I first heard about Life at Sea Cruises, it sounded too good to be true. But we were very quickly told that while we could cancel and withdraw, our refund would be far reduced. [Bayramoğlu confirmed that Adam is a priority and "will be the first" to receive a refund when it begins the bank wires.]

Persons: —, Adam, Miray, Bayramoğlu, I've, Ethem Bayramoğlu, Vedat Organizations: Service, Business, Miray Cruise Lines, Sea Cruises, Miray Cruises, National Health Service, Miray Locations: British, Southern Florida, Alaska, Antarctica, Istanbul, Miray

ISTANBUL (AP) — Turkey’s first astronaut returned home to a hero’s welcome Monday, portrayed as a symbol of the country’s advances in technology and aerospace. Alper Gezeravci was greeted by bouquet-laden children at Ankara’s Esenboga Airport as he returned from a private three-week mission to the International Space Station. His space flight, for which Turkey paid roughly $55 million, was the third such journey organized by Houston-based Axiom Space with NASA and SpaceX. A new page has been opened in space science and technologies for Turkey.”Turkey established its own space agency in 2018, and said it will land on the moon by 2026. They enjoyed a few extra days at the space station, waiting for the weather to improve in the splashdown zone.

Persons: — Turkey’s, Gezeravci, Recep Tayyip Erdogan, Erdogan, “, Mehmet Fatih Kacir, Walter Villadei, Sweden’s Marcus Wandt, Michael Lopez, Alegria Organizations: Ankara’s, International Space, Turkey, NASA, SpaceX, ” Industry, Technology Locations: ISTANBUL, Turkish, Turkey, ”, Florida, Houston, ” Turkey

☆ Istanbul was the most-visited city in the world with over 20 million international travelers in 2023
▼ + stars: | 2024-02-11 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

In December, Euromonitor International released its annual list of the Top 100 City Destinations in the world for 2023. The report compared cities using 55 metrics across six categories, including tourism infrastructure, health and safety, sustainability, tourism performance, and more. Euromonitor International's analysis also included a top 10 ranking of global cities based on the number of international arrivals. New York City was the only destination in the United States to make Euromonitor International's top 10 list. This, in turn, will drive consumer demand for intraregional travel, especially as travel purchases are frequently discretionary," Nadejda Popova, Senior Manager at Euromonitor International says of the report's findings.

Organizations: Euromonitor, Apple Locations: New York City, United States

☆ Armed Attack During Istanbul Mayor Election Campaign Injures Woman
▼ + stars: | 2024-02-10 | by ( Feb. | At A.M. | ) www.usnews.com time to read: 1 min

ISTANBUL (Reuters) - A woman was wounded in an armed attack on Saturday during Turkey's ruling AK Party's mayoral election campaign in Istanbul, Interior Minister Ali Yerlikaya said. An investigation has been launched into the incident, which occurred in the city's southwestern Kucukcekmece district, Yerlikaya said on social media platform X. The attackers fired with long-barrelled guns and pistols but there were no further details of their identity or motive. War in Israel and Gaza View All 206 ImagesTurkish President Tayyip Erdogan condemned the attack on X, previously Twitter. "No attack on our democracy, unity and solidarity will succeed," he said.

Persons: Ali Yerlikaya, Yerlikaya, Tayyip Erdogan, Burcu, Clelia Oziel Organizations: AK Locations: ISTANBUL, Istanbul, Kucukcekmece district, Israel, Gaza, Turkey

ANKARA, Turkey (AP) — The work to tame inflation in Turkey — namely through interest rate hikes — will continue “with determination,” the country’s new central bank chief said Thursday, offering some certainty about efforts to right the battered economy following his precedessor's surprise resignation. The duty of the central bank is to ensure and maintain price stability,” Karahan told reporters in Turkey’s capital, Ankara. Erdogan, who has previously fired central bank governors who spurned his unorthodox policies, appointed the new economic team after getting reelected in May. The Turkish central bank most recently raised its key interest rate by 2.5 percentage points in January, when inflation reached nearly 65%. Despite such hikes, inflation remains high — consumer prices rose to an eye-watering 64.86% in January from a year earlier, according to figures released Monday, up from 64.77% in December.

Persons: Fatih Karahan, Goldman Sachs, Karahan, Mehmet Simsek, ” Karahan, Hafize Gaye Erkan, ”, Erkan, Recep Tayyip Erdogan's, Erdogan, ___ Robert Badendieck Organizations: Finance, Turkish Locations: ANKARA, Turkey, Ankara, Turkish, Ukraine, Istanbul

☆ Lusail, Qatar, will get a five-story museum inspired by Muslim architecture and culture
▼ + stars: | 2024-02-06 | by ( Callum Sutherland | ) edition.cnn.com time to read: +7 min

Look through the gallery to see more renderings of Lusail Museum. Herzog & de Meuron Lusail Museum will be 30 meters tall, and have a footprint of 11,000 square meters. Herzog & de Meuron Lusail, Qatar, will get a five-story museum Prev NextEditor’s Note: This CNN Travel series is, or was, sponsored by the country it highlights. Set to begin construction later this year, the Lusail Museum will be 30 meters (98 feet) tall, spread over five levels. “It has to be like this, to have this richness and diversity.”For Herzog, the legacy of Lusail Museum is one of the main considerations behind its design.

Persons: Herzog, de Meuron, de, Jacques Herzog, Lusail, ”, “, ” Herzog Organizations: CNN, Lusail Museum, Herzog, Swiss, Lusail, Pérez Art Museum, Beijing National, Tate Locations: Lusail, Qatar, Al Maha Island, Zaragoza, Spain, “ City, Qatar’s, Doha, Hong Kong, Miami, London, Lusail’s, Maha, North Africa, Istanbul, Cairo, Isfahan, Iran, Al Maha, Ukraine, Israel

ISTANBUL (AP) — Two people were shot dead while trying to attack a courthouse in Istanbul on Tuesday, Turkish Interior Minister Ali Yerlikaya said. The man and woman were killed during an “attempt to attack” a security checkpoint at the Caglayan courthouse late morning, Yerlikaya posted on social media. Five people were hurt in the incident, including three police officers. I wish a speedy recovery to our injured,” the minister added. Caglayan is a huge court complex in the Kagithane district on the city’s European side.

Persons: Ali Yerlikaya, Yerlikaya, “ Organizations: Turkish, Associated Press Locations: ISTANBUL, Istanbul, Kagithane

She lost her mother and brother when the building collapsed in the earthquake. Damage from the earthquake is still visible in Antakya, Hatay province. Scott McLean/CNNSearch for the missingLast year’s earthquake killed more than 50,000 people in Turkey, and thousands more in neighboring Syria. “If I can’t find his body, then I will be waiting for him my whole life.”Smoke billows from the scene of collapsed buildings on February 7, 2023 in Hatay, Turkey. Smoke billows from the Iskenderun Port as rescue workers work at the scene of a collapsed building on February 7, 2023 in Iskenderun, Turkey.

Persons: Karabas, Sengul, Rukiye, Mehmet, “, ” Karabas, Scott McLean, Guray Ervin, Recep Tayyip Erdogan, Ismail Demir, ”, Sema Gulec, DEMAK, Gulec, Weeks, Batuhan, –, can’t, Burak Kara, Nur, She’s, Khaled Kassar, Kassar, Anwar, Jamal, ” Kassar, Mustafa Kara Ali, Erdogan, Yasin Akgul, Ekrem Imamoglu, Imamoglu, “ Banks Organizations: Southern, Southern Turkey CNN —, CNN, Hatay, Gulec’s, Interior Ministry, CHP, Getty, Development Party Locations: Southern Turkey, Turkey, Syria, Gaziantep province, Islahiye, Antakya, Hatay province, Iskenderun, Hatay, morgues, Syrian, Homs, Gaziantep, Turkish, AFP, Turkey’s, Istanbul, Istanbul’s, Kocaeli

☆ Istanbul: Attackers killed during assault on main courthouse
▼ + stars: | 2024-02-06 | by ( Gul Tuysuz | ) edition.cnn.com time to read: 1 min

How relevant is this ad to you? Video player was slow to load content Video content never loaded Ad froze or did not finish loading Video content did not start after ad Audio on ad was too loud Other issues

☆ Turkey's Drone Maker Baykar Begins to Build Plant in Ukraine
▼ + stars: | 2024-02-06 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +2 min

Baykar has said it has signed export deals for its TB2 drone with 30 countries. These include Ukraine, Ethiopia, Libya and Azerbaijan since 2018, according to think tank SIPRI. Bayraktar also said the Istanbul-based firm's plans to start production in Saudi Arabia in the next two years were on track. The announcement follows an agreement in July to sell the Bayraktar Akinci, another kind of drone, to Saudi Arabia in what Baykar described as the biggest defence contract in Turkey's history. It also aims to produce the new models of the Kızılelma and the TB3 drones "in the tens," he added.

Persons: Pesha Magid, Baykar, Haluk Bayraktar, Bayraktar, Lockheed Martin, Federico Maccioni, Alexandra Hudson Organizations: Reuters, World Defense, U.S, Lockheed, Saudi Locations: Pesha, Pesha Magid RIYADH, Turkish, Kyiv, Ukraine, Ethiopia, Libya, Azerbaijan, Riyadh, Israel, Gaza, Ukrainian, Istanbul, Saudi Arabia

ISTANBUL (AP) — Turkey has seen its fifth central bank leader depart in as many years as Hafize Gaye Erkan, the first woman in the top role, stepped down after just eight months in the job. Photos You Should See View All 45 ImagesHere are key things to know about the central bank shakeup and what it means for Turkey's battered economy:WHY IS THERE A NEW CENTRAL BANK LEADER? Erkan resigned after weeks of media stories about her father’s undue influence in the central bank’s Istanbul office. Previous changes in central bank leadership has seen Erdogan row back on efforts to bring inflation under control through interest rate hikes. He was brought in as the bank’s deputy head at the same time Simsek took over the Finance Ministry and Erkan was appointed to lead the central bank.

Persons: Hafize Gaye Erkan, Goldman Sachs, Recep Tayyip Erdogan, — Erkan, ”, Fatih Karahan, Mehmet Simsek, Erdogan, Erkan, Karahan, Simsek's, Simsek, Liam Peach, Selcuki, ” “ It’s, ” Selcuki Organizations: —, Finance, WHO, FATIH, Finance Ministry, University of Pennsylvania, Federal Reserve Bank of New, Amazon, Capital Economics, Istanbul Economy Research Locations: ISTANBUL, — Turkey, Turkey, Istanbul, Simsek, U.S, Federal Reserve Bank of New York, Columbia, New York, Ankara

ISTANBUL (AP) — A year ago, a devastating 7.8 magnitude earthquake struck southern Turkey and northwestern Syria, causing widespread destruction and the loss of over 59,000 lives. Photos You Should See View All 45 ImagesThe disaster led to a massive international rescue and aid operation involving dozens of countries and organizations. The World Bank estimated the damage caused at $34.2 billion in Turkey and $5.1 billion in Syria. The East Anatolian fault system, where the disaster occurred, is near where the Anatolian, Arabian and African tectonic plates come together. The East Anatolian fault had last seen a quake of magnitude 7 or greater in 1822, when at least 10,000 were killed in Syria’s Aleppo.

Persons: Mehmet Ozhaseki, February’s, transgressors, Abby Sewell, Suzan Fraser Organizations: —, Turkey's, Interior Ministry, United Nations, World Bank, Food Program, WFP, Associated Press Locations: ISTANBUL, Turkey, Syria, Turkey’s Kahramanmaras, Idlib, Aleppo, Istanbul, Elazig, Hatay, SYRIA, Brussels, Beirut, Ankara

WASHINGTON (AP) — The Biden administration announced Monday it is rolling out a new policy that will allow it to impose visa restrictions on foreign individuals involved in the misuse of commercial spyware. The visa restrictions could also apply to people who facilitate or get financial benefit from the misuse of commercial spyware, officials said. “The misuse of commercial spyware threatens privacy and freedoms of expression, peaceful assembly, and association. The U.S. has already placed export limits on NSO Group, restricting the company’s access to U.S. components and technology. The hacking with spyware made by Israel’s NSO Group occurred from 2019 until last September, according to Access Now.

Persons: —, who’ve, Antony Blinken, ” Biden, Jordan’s, Jamal Khashoggi’s, Hatice Cengiz, Frank Bajak Organizations: WASHINGTON, Biden, U.S, White, Officials, Pegasus, Israel’s NSO, Group, Amnesty, Washington Post Locations: United States, U.S, Jordan, Saudi, Istanbul, ___, Boston

ISTANBUL (AP) — Millions of people across Turkey on Tuesday will mourn the loss of more than 53,000 friends, loved ones and neighbors in the country's catastrophic earthquake a year ago. To mark what it calls the “Disaster of the Century," the government has arranged a series of events to commemorate the one-year anniversary of disaster in southern Turkey. Hatay, which lies between the Mediterranean Sea and the Syrian border, was the worst affected of the 11 southern provinces hit by the 7.8 magnitude quake. Including the 6,000 people killed in neighboring Syria, the quake left more than 59,000 dead. He also will take part in handing over completed homes to survivors, and then spend the rest of the week touring other cities in the earthquake zone.

Persons: Recep Tayyip Erdogan, Ozgur Ozel Organizations: Republican Locations: ISTANBUL, Turkey, Hatay, Ulu, Syrian, Syria, Kahramanmaras, rehouse, Gaziantep

Search resuls for: "ISTANBUL"

25 mentions found