Finance
Iraqi Prime Minister Mohammed Shia al-Sudani has inaugurated a new power grid connection project with Turkey, aiming to enhance Iraq's national power grid. The project, completed in coordination with the Turkish Ministry of Energy, will provide 300 megawatts of electricity to Iraq’s northern provinces via a 115-kilometer
Politics
Turkish footballer Merih Demiral is under investigation by UEFA for a controversial goal celebration during Turkey's 2-1 victory over Austria in a Euro 2024 match. Demiral is accused of making a 'wolf salute,' a gesture associated with the far-right extremist group Grey Wolves, which is linked
Finance
On June 22, 2024, the Turkish cryptocurrency exchange BtcTurk experienced a cyber attack resulting in unauthorized withdrawals from its hot wallets, affecting 10 different cryptocurrencies. The exchange confirmed that the majority of its assets remain secure in cold wallets. As a precaution, BtcTurk has temporarily suspended cryptocurrency deposit and withdrawal
Finance
Turkey's annual inflation rate surged to 75.5% in May, according to the Turkish Statistical Institute (TurkStat). This increase, driven by rising prices in education, housing, and restaurants, marks the peak of a prolonged cost-of-living crisis. Monthly inflation for May was recorded at 3.37%, slightly up from
Science
Lorenzo Prendini, a curator at the American Museum of Natural History, was detained by Turkish police at Istanbul Airport on charges of attempting to smuggle endemic species out of the country. Authorities discovered Prendini in possession of approximately 1,500 scorpions, tarantulas, and spiders, as well as 88 plastic tubes
Politics
The Joint Russian-Turkish Monitoring Centre located in Aghdam, Azerbaijan, has officially ended its operations. The closure was marked by a ceremony attended by military officials and media representatives, including Colonel General Karim Valiyev, the First Deputy Minister of Defense and Chief of the General Staff of the Azerbaijan Army. Established
Politics
In a significant diplomatic engagement, President Recep Tayyip Erdogan of Turkey convened with Hamas Political Bureau Chairman Ismail Haniyeh in Istanbul. Discussions centered on the escalating conflict in the Middle East, specifically the ongoing military offensive in the Gaza Strip, as well as efforts to deliver humanitarian aid and establish
Politics
Egypt is actively engaging with the United States and Qatar in efforts to establish a ceasefire in the Gaza Strip. Egyptian Foreign Minister Sameh Shoukry has underscored the importance of both Hamas and Israel committing to the protection of civilians and the provision of humanitarian aid to those affected in
Politics
In Turkey's closely watched local elections, preliminary results indicate that the Republican People's Party (CHP) has maintained its hold over key cities, including Istanbul and Ankara. In Istanbul, CHP incumbent mayor Ekrem Imamoglu held a lead over his Justice and Development Party (AKP) opponent, while in