Categories General HIGHLIGHTS HYPED Germany to promise additional 50 mln euros to earthquake victims Cem CetingucPosted on22 February, 2023 Germany will double its relief aid in Türkiye and Syria with an additional 50 million euros ($53 million) for victims … Continue ReadingGermany to promise additional 50 mln euros to earthquake victims
Categories Economy General HIGHLIGHTS Earthquake’s Aftermath: “Reconstruction Cost of Housing and Infrastructure to Exceed $45 Billion” Cem CetingucPosted on22 February, 202322 February, 2023 Two weeks after the Hatay earthquake , the damage assessment is also nearing completion. So … Continue ReadingEarthquake’s Aftermath: “Reconstruction Cost of Housing and Infrastructure to Exceed $45 Billion”
Categories Finance HIGHLIGHTS Markets Reuters/Nevzat Devranoglu: Central Bank burning reserves to keep lira stable -bankers Atilla YeşiladaPosted on22 February, 2023 Turkey’s central bank used $7 billion of reserves in the last two weeks to help … Continue ReadingReuters/Nevzat Devranoglu: Central Bank burning reserves to keep lira stable -bankers
Categories General Three Things That Went Wrong In Turkey’s Earthquake Response Cem CetingucPosted on22 February, 2023 The earthquakes that struck Turkey on February 6, 2023, had revealed significant shortcomings in the … Continue ReadingThree Things That Went Wrong In Turkey’s Earthquake Response
Categories Economy Finance General HIGHLIGHTS Turkey’s State-Backed Markets Have Few Charms for Foreigners Güldem AtabayPosted on21 February, 2023 Before last week, the stock market was one of Turkey’s last economic pillars that was … Continue ReadingTurkey’s State-Backed Markets Have Few Charms for Foreigners
Categories General HIGHLIGHTS HYPED Erdogan pledges to build 200 thousand homes in quake zone Cem CetingucPosted on21 February, 2023 President Recep Tayyip Erdogan on Monday said Turkey would build almost 200,000 new homes in … Continue ReadingErdogan pledges to build 200 thousand homes in quake zone
Categories General HIGHLIGHTS Politics Turkish-Syrian normalization efforts disrupted by Iran intervention Cem CetingucPosted on21 February, 202321 February, 2023 The normalization of Turkish-Syrian relations under Russian auspices proceeded smoothly until Iran’s prompt intervention interrupted … Continue ReadingTurkish-Syrian normalization efforts disrupted by Iran intervention
Categories Economy General HIGHLIGHTS Turkish economy trembles after devistating earthquake Cem CetingucPosted on21 February, 2023 Turkey was already battling runaway inflation and relying on rich allies for funding to keep … Continue ReadingTurkish economy trembles after devistating earthquake
Categories General HIGHLIGHTS Politics Turkey, Russia talks: Ukraine grain deal might be on the table soon Cem CetingucPosted on21 February, 202321 February, 2023 Turkish and Russian leaders may soon discuss an UN-backed initiative that has enabled the export of grain from … Continue ReadingTurkey, Russia talks: Ukraine grain deal might be on the table soon
Categories General HIGHLIGHTS Village Split in Two by Earthquakes Cem CetingucPosted on20 February, 2023 The Feb. 6’s quakes have split Demirköprü village in Hatay in two as a small house that once looked … Continue ReadingVillage Split in Two by Earthquakes
Categories General HIGHLIGHTS Politics Blinken visits Earthquake Zone, Commits 100 Million dollars in Aid Cem CetingucPosted on20 February, 2023 U.S. Secretary of State Antony Blinken took a helicopter tour on Feb. 19 of one of the … Continue ReadingBlinken visits Earthquake Zone, Commits 100 Million dollars in Aid
Categories General HIGHLIGHTS HYPED Rescue Operations Concluded in Earthquake Zone, Except for Two Provinces Cem CetingucPosted on20 February, 2023 Search and rescue operations have been terminated in nine quake-hit provinces, while efforts will continue for … Continue ReadingRescue Operations Concluded in Earthquake Zone, Except for Two Provinces
Categories Economy HIGHLIGHTS Politics Turkish President Erdoğan’s grip on power threatened by devastating earthquake Güldem AtabayPosted on19 February, 2023 The earthquake that struck Turkey on Feb. 6, 2023, is first and foremost a human tragedy, one … Continue ReadingTurkish President Erdoğan’s grip on power threatened by devastating earthquake
Categories Economy HIGHLIGHTS Earthquakes Weigh on Turkey’s Already Struggling Economy Güldem AtabayPosted on19 February, 2023 The earthquakes that devastated Turkey and Syria last week are heaping new stresses on the … Continue ReadingEarthquakes Weigh on Turkey’s Already Struggling Economy
Categories Economy Finance HIGHLIGHTS Politics Turkey earthquake: World Bank estimated making homes safe would cost $465bn Güldem AtabayPosted on19 February, 2023 The World Bank estimated in 2021 that retrofitting or rebuilding millions of residential buildings in Turkey to … Continue ReadingTurkey earthquake: World Bank estimated making homes safe would cost $465bn
Categories General HIGHLIGHTS Erzin: The Miracle City Unscathed by Turkey’s Deadly Earthquake Cem CetingucPosted on17 February, 2023 Residents and officials say Erzin suffered no deaths and saw no buildings collapse, and they … Continue ReadingErzin: The Miracle City Unscathed by Turkey’s Deadly Earthquake
Categories General HIGHLIGHTS HYPED Resignation and Grief as Turkey Rescuers Struggle to Find Earthquake Victims Cem CetingucPosted on17 February, 2023 The headscarf-covered woman could not contain her rage. Selva was certain that dozens of her … Continue ReadingResignation and Grief as Turkey Rescuers Struggle to Find Earthquake Victims
Categories Business Finance HIGHLIGHTS Turkish Government’s Swift Response Boosts Stock Market Following Devastating Earthquake Cem CetingucPosted on17 February, 2023 Turkey’s stock market soared Wednesday on the first day of trading after a suspension triggered by a devastating … Continue ReadingTurkish Government’s Swift Response Boosts Stock Market Following Devastating Earthquake
Categories Economy General HIGHLIGHTS Turkey Earthquake Threatens 1% GDP Loss in 2023, Experts Warn Cem CetingucPosted on17 February, 2023 The potential economic effects of the earthquake in Turkey could result in a loss of up to … Continue ReadingTurkey Earthquake Threatens 1% GDP Loss in 2023, Experts Warn
Categories General HIGHLIGHTS HYPED Earthquake: Negligence and corruption is to blame for, not “faith” Cem CetingucPosted on17 February, 202317 February, 2023 In southeastern Turkey, despair is turning into righteous indignation. On February 6, an area roughly … Continue ReadingEarthquake: Negligence and corruption is to blame for, not “faith”