DIRS.INFO The most relevant business & tech news

In his speech, he declared “family is sacred for us” and insisted that L.G.B.T.Q. They were familiar themes, heard often throughout Mr. Erdogan’s campaign for re-election: He frequently attacked L.G.B.T.Q. people, referring to them as “deviants” and saying they were “spreading like the plague.” But Ms. Oz said she had hoped it was just electioneering to rally the president’s conservative base. “I was already worried about what was to come for us,” said Ms. Oz, 49. citizens became a lightning-rod issue during this year’s election campaign.

Persons: Yasemin Oz, Recep Tayyip Erdogan, “, L.G.B.T.Q, ”, Oz, Erdogan Locations: Istanbul

☆ Turkish lira continues slide to new record lows following Erdogan's election victory
▼ + stars: | 2023-05-30 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

People walking next to a Turkish national flag at the historical grand bazaar in Istanbul. The Turkish lira slumped to yet another all-time low Tuesday, extending its slide after the re-election of incumbent President Recep Tayyip Erdogan. The currency was last trading at 20.15 against the greenback at around 5 a.m. Tuesday morning local time, surpassing Monday's lows. Turkey's Election Board on Sunday confirmed that Erdogan won Turkey's 2023 presidential election with 52.14% of the votes, while his opponent Kemal Kilicdaroglu received 47.86%. He subsequently went on to become the country's deputy prime minister from 2015 to 2018.

☆ Opinion | Turkey’s Election Is a Warning About Trump
▼ + stars: | 2023-05-30 | by ( Bret Stephens | ) www.nytimes.com time to read: +1 min

And it should serve as a warning about other places — including the Republican Party — where autocratic leaders, seemingly incompetent in many respects, are returning to power through democratic means. That’s not quite the way Erdogan’s close-but-comfortable victory in Sunday’s runoff over the former civil servant Kemal Kilicdaroglu is being described in many analyses. The president, they say, has spent 20 years in power tilting every conceivable scale in his favor. Erdogan has used regulatory means and abused the criminal-justice system to effectively control the news media. He has exercised his presidential power to deliver subsidies, tax cuts, cheap loans and other handouts to favored constituencies.

Persons: Jean, François Revel, “, Recep Tayyip Erdogan, Kemal Kilicdaroglu, Erdogan, Ekrem Imamoglu Organizations: Republican Party — Locations: French, Turkey, Sunday’s, Turkish, Istanbul

☆ Opposition Turkish TV probed for 'insulting' election coverage
▼ + stars: | 2023-05-30 | by ( ) www.reuters.com time to read: +1 min

[1/2] Election officials count votes during the second round of the presidential election, in Diyarbakir, Turkey, May 28, 2023. President Tayyip Erdogan extended his two-decade rule in the second round of the election on Sunday. His rival, Kemal Kilicdaroglu, said it was "the most unfair election in years" but did not dispute the outcome. RTUK penalised four television stations in March for their election coverage. International rights groups and Turkish opposition parties have accused the RTUK of attempting to silence opposition media as a tool of the government.

Persons: Tayyip Erdogan, Kemal Kilicdaroglu, RTUK, Gurkan Ozturan, Burcu Karakas, Nick Macfie Organizations: REUTERS, Radio, Television Supreme, Borders, Media, European Centre for Press, Toksabay, Thomson Locations: Diyarbakir, Turkey, Sertac, ANKARA, Turkish, Istanbul, Ankara

Ten years ago, Emine Kilic, was focused on raising her two children at home in Istanbul when she decided to set up her own clothing company to help support her family. Her business, started with an interest-free government-backed loan for female entrepreneurs, now employs 60 people and exports to 15 countries, said Ms. Kilic, who has an elementary-school education. She credited a powerful motivator who inspired her to transform her life — President Recep Tayyip Erdogan — calling him a champion for women. “Thanks to my president, I became the boss of my own company,” said Ms. Kilic, 38. To beat back the most serious political threat to his two-decade tenure as Turkey’s dominant politician, Mr. Erdogan counted on the fervent support of an often underappreciated constituency: conservative religious women.

☆ Turkish lira teeters near record low as Erdogan secures victory
▼ + stars: | 2023-05-29 | by ( ) www.reuters.com time to read: +3 min

[1/2] A U.S. one dollar banknote is seen next to Turkish lira banknotes in this illustration taken in Istanbul, Turkey November 23, 2021. REUTERS/Murad Sezer/IllustrationLONDON, May 29 (Reuters) - Turkey's lira wobbled near record lows against the dollar as President Tayyip Erdogan secured victory in the country's presidential election on Sunday, extending his increasingly authoritarian rule into a third decade. The currency was at 20.05 to the dollar during Asian hours, just shy of the 20.06 record low hit on Friday. "Only the most optimistic would hope that Erdogan now feels sufficiently secure politically to revert to orthodox economic policy." "Erdogan is unlikely to embrace an outright economic orthodox approach," Wolfango Piccoli, co-president at advisory firm Teneo said in emailed comments.

☆ Opinion: Why Erdogan’s win isn’t all it seems
▼ + stars: | 2023-05-29 | by ( Opinion Ruth Ben-Ghiat | ) edition.cnn.com time to read: +8 min

In the run-up to the first round of voting, Erdogan’s interior minister, Süleyman Soylu, tellingly likened the election to the 2016 attempted coup. Off the back of Erdogan’s win, we can expect Turkey to draw even closer to Russia, which supplies more than one-third of its petroleum and oil products. So look for Erdogan to follow whatever geopolitical path benefits his Russian patron, including continued opposition to Sweden joining NATO. Erdogan’s economic policies have contributed to horrific inflation: over 80% in October, a 24-year record, and still at 44% last month. For all his bluster about modernizing Turkey, Erdogan has created an environment of fear, hostility and economic hardship.

☆ Erdogan survived the biggest test of his political career. What’s next?
▼ + stars: | 2023-05-29 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +7 min

Official results showed Erdogan winning with 52.1% of the vote, while opposition leader Kemal Kilicdaroglu emerged with 47.9%. Murat Somer, a political science professor at Koc University in Istanbul, expects a hardened approach by Erdogan towards the opposition and his critics. “[Erdogan is] likely to continue his unorthodox economic policies because these actually serve his interests,” Somer told CNN. Becky Anderson's full interview with Turkish President Erdogan 20:52 - Source: CNNKorhan Kocak, an assistant professor of political science at New York University Abu Dhabi in the United Arab Emirates, worries about Erdogan’s moves after the election. And Erdogan is the man that delivered that to them.”Cagaptay said that Erdogan’s foreign policy is unlikely to change.

[1/3] Kemal Kilicdaroglu, presidential candidate of Turkey's main opposition alliance, gestures after speaking following early exit poll results for the second round of the presidential election in Ankara, Turkey May 28, 2023. According to some party members, analysts and voters, Kilicdaroglu, the opposition presidential candidate in Sunday's runoff vote, will need to immediately re-focus on maintaining control of Turkey's big cities in the municipal elections. Instead Erdogan, modern Turkey's longest-serving leader, will extend his increasingly authoritarian rule into a third decade, backed by a majority for his alliance in parliament. Meanwhile the Republican People's Party (CHP), which Kilicdaroglu leads, holds internal discussions this week in Ankara to pick up the pieces. The broader six-party opposition alliance convened after Sunday's election results came in.

It reinforced Erdogan's image of invincibility in the deeply divided NATO-member country, whose foreign, economic and security policy he has redrawn. Pro-government newspapers, part of an overwhelmingly pro-Erdogan media landscape that buoyed his election campaign in the nation of 85 million people, cheered his victory. Erdogan said inflation, which hit a 24-year peak of 85% last year before easing, is Turkey's most urgent issue. Turkey's main pro-Kurdish party, parliament's third largest, was among the opposition parties opposed to Erdogan and is accused of links to Kurdish militants, which it denies. Erdogan, head of the Islamist-rooted AK Party, appealed to voters with nationalist and conservative rhetoric in a divisive campaign that deflected attention from Turkey's economic problems.

☆ Erdogan secures Turkish election win
▼ + stars: | 2023-05-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailErdogan secures Turkish election winIncumbent President Recep Tayyip Erdogan claimed victory in Sunday's historic electoral race, extending his two-decade rule for another five years. CNBC's Dan Murphy reports from Istanbul.

☆ What's next for Turkish politics?
▼ + stars: | 2023-05-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat's next for Turkish politics? CNBC's Dan Murphy speaks to Barin Kayaoglu of the American University of Iraq, Sulaimani, in Istanbul for the latest updates following the Turkish election of May 28.

The exchange took place when Biden called Erdogan to congratulate him on his victory in Turkey's presidential election on Sunday. And so we'll be back in touch with one another," Biden told reporters before departing the White House for Delaware. Bids for NATO membership must be approved by all NATO members. A Turkish Air Force F16 jet lands at a new airport under construction in Istanbul, Turkey September 22, 2018. Sweden and Finland applied for NATO membership last year, ditching long-held policies of military non-alignment following Russia's invasion of Ukraine.

☆ Turkish lira hits record low, stocks gain after Erdogan secures re-election
▼ + stars: | 2023-05-29 | by ( Canan Sevgili Libgeorge | Canan Sevgili | ) www.reuters.com time to read: +3 min

[1/2] A U.S. one dollar banknote is seen next to Turkish lira banknotes in this illustration taken in Istanbul, Turkey November 23, 2021. REUTERS/Murad Sezer/IllustrationLONDON, May 29 (Reuters) - Turkey's lira hit fresh record lows against the dollar on Monday, though stocks rallied, after President Tayyip Erdogan secured victory in Sunday's presidential election, extending his increasingly authoritarian rule into a third decade. The lira weakened to 20.077 to the dollar, breaking through the previous record low touched on Friday. The share of foreign asset managers holding Turkish stocks has dwindled in recent years and the market is chiefly driven by local investors. The nation's dollar bonds slipped to their lowest in at least six months last week, while CDS rose to a seven-month high.

☆ Turkey election runoff 2023: what you need to know
▼ + stars: | 2023-05-28 | by ( ) www.reuters.com time to read: +6 min

[1/2] Women display flags with images of Turkish President Tayyip Erdogan next to an election campaign point, ahead of the May 28 presidential runoff vote, in Istanbul, Turkey May 25, 2023. Here is a guide to the runoff, the two candidates and the key issues as well as details on how the May 14 parliamentary election unfolded:PRESIDENTIAL VOTETurks will be electing a president for a five-year term. As president, Erdogan sets policy on Turkey's economy, security, domestic and international affairs. The ZP received 2.2% of votes in the parliamentary election. On foreign affairs, under Erdogan, Turkey has flexed military power in the Middle East and beyond, forged closer ties with Russia, and seen relations with the European Union and United States become increasingly strained.

☆ Turkey votes in runoff election after candidates double down on nationalism and fear
▼ + stars: | 2023-05-28 | by ( Natasha Turak | ) www.cnbc.com time to read: +7 min

People walk past an election campaign poster for Turkey's President Recep Tayyip Erdogan on May 25, 2023 in Istanbul, Turkey. The country is holding its first presidential runoff election after neither candidate earned more than 50% of the vote in the May 14 election. Still, no candidate surpassed the 50% threshold required to win; and with Erdogan at 49.5% and Kilicdaroglu at 44.7%, a runoff election was set for two weeks after the first vote on May 14. "Kilicdaroglu has adopted a harder line on immigration and security ahead of the run-off … is unlikely to be enough," Kinnear said. Already, though, his anti-refugee rhetoric has angered many of his supporters and prompted resignations from some of his campaign allies.

☆ Days after Twitter blocked Turkish President Erdogan's political opponents from posting on the site, the increasingly authoritarian leader won re-election after a contested vote
▼ + stars: | 2023-05-28 | by ( Katherine Tangalakis-Lippert | Associated Press | ) www.businessinsider.com time to read: +3 min

Turkish President Recep Tayyip Erdogan has won re-election after a contested vote. A day before the election, Twitter blocked posts by Erdogan critics from being viewed in the country. Erdogan's increasingly authoritarian rule now extends into its third decade. "We will continue to be at the forefront of this struggle until real democracy comes to our country," Kilicdaroglu said in Ankara. He added that the people have shown their will "to change an authoritarian government despite all the pressures."

☆ Best actress at Cannes returns to polarised Turkey on runoff day
▼ + stars: | 2023-05-28 | by ( Deniz Uyar | ) www.reuters.com time to read: +2 min

ISTANBUL, May 28 (Reuters) - Merve Dizdar, best actress winner at the Cannes Film Festival, returned to Turkey on Sunday and was met both by cheering fans and sharp criticism, highlighting the extreme polarisation in the country. “I am overwhelmed with the support I see here,” Dizdar told Reuters after casting her vote at an Istanbul school. In her Cannes speech, Dizdar said that she didn’t need to rehearse for the teacher’s role because she has known how such women feel “by heart since the day I was born". "You shall first learn to respect your own country, Merve Dizdar,” Uslu said on Twitter. The Turkish actress was unapologetic.

☆ Turkish lira slips as Erdogan claims victory
▼ + stars: | 2023-05-28 | by ( ) www.reuters.com time to read: +1 min

[1/2] A U.S. one dollar banknote is seen next to Turkish lira banknotes in this illustration taken in Istanbul, Turkey November 23, 2021. REUTERS/Murad Sezer/IllustrationLONDON, May 28 (Reuters) - Turkey's lira slipped towards a fresh record low against the dollar as President Tayyip Erdogan claimed victory in the country's presidential election on Sunday, a win that would steer his increasingly authoritarian rule into a third decade. The currency opened at 20.05 to the dollar as the new trading week got underway, not far off the 20.06 record low hit on Friday. Trading is expected to be thin on Monday, with many markets in Europe, as well as the United States closed for holidays. Reporting by Karin Strohecker and Ezgi Erkoyun, editing by Alexander Smith and Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.

☆ Erdogan vs. Kilicdaroglu: Polls close in Turkey’s presidential runoff
▼ + stars: | 2023-05-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailErdogan vs. Kilicdaroglu: Polls close in Turkey’s presidential runoffWho will claim victory in Turkey’s historic second round election? CNBC’s Dan Murphy reports from Istanbul.

[1/3] A child walks at a polling station while people attend voting during the second round of the presidential election in Istanbul, Turkey May 28, 2023. REUTERS/Hannah McKayANKARA/ISTANBUL, May 28 (Reuters) - Here are some views from Turkish citizens as the country voted on Sunday in an election runoff that may extend President Tayyip Erdogan's rule into a third decade or see a transfer of power to his rival Kemal Kilicdaroglu. Nobody can deny this," said housewife Songul Aslan, 45, after voting for Erdogan. In Diyarbakir, largest city in the mainly Kurdish southeast:"In the first round I voted for Kilicdaroglu for the presidency. Change is essential to overcome the economic crisis and problems that Turkey faces, so I voted for Kilicdaroglu again.

☆ Everton survive as Leicester and Leeds are relegated on dramatic final day
▼ + stars: | 2023-05-28 | by ( Martyn Herman | ) www.reuters.com time to read: +5 min

The Merseyside club's 69-year stay in the top flight was in peril at halftime as they were drawing 0-0 and 2016 champions Leicester were ahead against West Ham United. That combination of results meant Everton were in the relegation zone but Abdoulaye Doucoure's stunning 57th minute right-foot strike from outside the area earned Everton the victory they required. The final whistle prompted a pitch invasion with smoke from blue flares drifting across the old stadium that will host top-flight football again after another Everton escape. Everton ended in 17th place on 36 points after 38 games, with Leicester in 18th on 34 and Leeds on 31. EVERTON RELIEFThe celebrations at Everton were more of relief than pride as the famous old club once again found itself battling not for silverware but to avoid relegation.

But he fell just short of the 50% needed to avoid a runoff, in a race with profound consequences for Turkey itself and global geopolitics. His camp has struggled to regain momentum after the shock of trailing Erdogan in the first round. A closely-watched survey by pollster Konda for the runoff put support for Erdogan on 52.7% and Kilicdaroglu on 47.3% after distributing undecided voters. [1/5] Turkish President Tayyip Erdogan attends a rally, ahead of the May 28 presidential runoff vote, in Istanbul, Turkey May 27, 2023. Erdogan has fused religious and national pride, offering voters an aggressive anti-elitism," said Nicholas Danforth, Turkey historian and non-resident fellow at think tank ELIAMEP.

☆ Turkey's Erdogan urges voters to turn out, rival sees 'last exit'
▼ + stars: | 2023-05-27 | by ( Ezgi Erkoyun | ) www.reuters.com time to read: +3 min

[1/6] Turkish President Tayyip Erdogan attends a rally, ahead of the May 28 presidential runoff vote, in Istanbul, Turkey May 27, 2023. The two candidates are aiming to attract some 8 million voters who did not go to the polls in the first round. Erdogan got a boost earlier this week when Sinan Ogan - a nationalist politician who came third with 5.2% - endorsed him. Kilicdaroglu, who is chair of Turkey's biggest opposition party, the CHP, meanwhile secured the endorsement of the anti-immigrant Victory Party for the runoff. Polls will open at 8 a.m. (0500 GMT) and close at 5 p.m. (1400 GMT) for more than 60 million voters.

☆ Turkey election 2023: What's at stake in the runoff?
▼ + stars: | 2023-05-26 | by ( ) www.reuters.com time to read: +6 min

The election takes place three months after earthquakes in southeast Turkey killed more than 50,000 people. WHAT'S AT STAKE FOR TURKEY ... [1/2] People walk next to posters of Turkish President Tayyip Erdogan, ahead of the May 28 presidential runoff vote, in Istanbul, Turkey, May 25, 2023. Seeking a runoff boost from nationalist voters, Kilicdaroglu has in the last two weeks sharpened his anti-immigrant tone and promised to repatriate migrants. Pollsters later pointed to an unexpected surge in nationalist support at the ballot box to explain the result.

Search resuls for: "Istanbul"

25 mentions found