Poverty threshold rises with increasing food prices
The poverty threshold in Turkey for a family of four reached TL 3,826 in the month of August, increasing just over TL 500 year-on-year, according to the Confederation of Turkish Labor Unions (Türk-İş). The hunger threshold also increased to TL 1,175, whereas it was at TL 1,020 in August 2013. The increases follow the skyrocketing food prices that have created a major headache for consumers and producers alike. Rising costs of food brought on by disappointing yi
-
Iraqi Kurdistan shipped 8 million barrels through Turkey
Iraqi Kurdistan has shipped over 8 million barrels of oil from the Turkish port of »» »»
-
Israelis ask chain to rename 'Turkish coffee'
A group of Israelis on Facebook are calling on local supply chain Strauss to rename »» »»
-
Home of HK media tycoon critical of Beijing raided
Anti-corruption officers in Hong Kong on Thursday raided the home of Jimmy Lai, a »» »»
-
US judge rejects Apple bid against Samsung
A US judge rejected Apple Inc's latest bid for a permanent injunction against Samsung »» »»
-
Ebola causing huge damage to West Africa economies
The worst ever Ebola outbreak is causing enormous damage to West African economies »» »»
-
Worker dies in mine accident
A worker died in a private mine in Bartın province following an accident on Wednesday. Muhammed »» »»
-
Consumer morale, savings drop in August
The consumer confidence index declined in August, as did the probability of saving, »» »»
-
Turkey's Syria exports surge after IS seizure
As the Islamic State (IS) continues to take swathes of territory in Iraq and Syria, »» »»
-
Minister confirms he sold apartments in controversial tower
Economy Minister Nihat Zeybekçi has confirmed his possession of two apartments in »» »»
-
Turkey cuts overnight rates, lira stronger
Following three consecutive cuts to its policy rate, the Central Bank of Turkey kept »» »»
-
Malaysia Airlines set for shakeup after disasters
Malaysia is preparing to unveil the latest overhaul of its beleaguered state-owned »» »»
-
IMF chief Lagarde put under investigation in French fraud case
IMF chief Christine Lagarde has been put under formal investigation by French magistrates »» »»
-
Impasse over Kurdish tanker near Texas to drag on
A tanker loaded with $100 million of Kurdish crude oil cannot be delivered in Texas »» »»
-
Ukraine says Russia plans to block gas flows to Europe
Ukrainian Prime Minister Arseny Yatseniuk said on Wednesday that Kiev knew of plans »» »»
-
4th worker dies in İstanbul bridge construction
A fourth worker has died on the construction site of İstanbul's third bridge following »» »»
-
Bayraktar confirms opening of forest area for construction
Former Minister of Environment and Urban Planning Erdoğan Bayraktar confirmed that »» »»
-
State intervenes in major İstanbul development project
The Ministry of Environment and Urban Planning has, alongside the Beyoğlu Municipality, »» »»
-
Burger King buying Tim Hortons for about $11B
Burger King says it struck a deal to buy Tim Hortons Inc. for about $11 billion, »» »»
-
Bank files 286 lawsuits against ‘smear campaign'
Turkish Islamic lender Bank Asya has filed 286 separate lawsuits against what it »» »»
-
Turkey, Japan sign $1.7 bln Turkmen gas project
Turkmenistan, holder of the world's fourth-largest natural gas reserves, signed a »» »»
-
Daily: Turkey to keep top economy official
The deputy prime minister responsible for the economy, Ali Babacan, will likely keep »» »»
-
Turkish firms hit by anti-dumping duties on steel pipes to US
The US International Trade Commission (USITC) decided to impose anti-dumping duties »» »»
-
US durable goods orders surge record 22.6 percent
Business orders for long-lasting manufactured goods shot up by the largest amount »» »»
-
94 pct of female agricultural workers unregistered
A total of 93.8 percent of female agricultural laborers work on an unregistered, »» »»
-
More than 100,000 unable to pay credit card debts
The number of credit card holders who failed to pay their card debts to banks hit »» »»
-
House sales dip 20 pct, worse feared ahead
A significant drop in house sales last month could foreshadow an even worse period »» »»
-
First 7 months of 2014 see 20.45 mln visitors to Turkey
The number of foreign visitors to Turkey in the first seven months of this year totaled »» »»
-
Talk of more ECB action grows as Germany weakens
Troubling signs about the economy have pushed the European Central Bank closer to »» »»
-
Russia allows dairy imports from Turkey
Russia has allowed the import of dairy supplies from three Turkish firms, its veterinary »» »»
-
Roche to buy US biotech firm InterMune for $8.3B
Swiss pharmaceutical company Roche said Sunday it has reached an $8.3 billion deal »» »»
-
State to lose TL 1 bln with closure of prep schools
The government closure of preparatory schools will cost the Treasury nearly TL 1 »» »»
-
US new home sales fall again in July
Sales of new US single-family homes fell for a second straight month in July, but »» »»
-
Growth in bad loans raises alarm for construction industry
The increasing share of non-performing loans in the construction sector, one of the »» »»
-
Russia warns against fake ‘Made in Turkey' tags
Increasing attempts by Western food producers to sidestep a Russian ban on food products »» »»
-
İstanbulites asked to save water as drought bites
The municipality of İstanbul has increased the number of public ads urging residents »» »»
-
Job-related accidents kill 1,100 in 7 months
A total of 1,100 people died in work-related accidents in the first seven months »» »»
-
Senior Twitter executives to meet with BTK officials in İstanbul
Senior officials of Twitter, one of the most popular social media networks worldwide, »» »»
-
İltizam-like privatization puts future in danger
Turkey has engaged in a new type of iltizam, an abandoned and ineffective tax collection »» »»
-
OPET receives Stevie business award for human resources
Turkey's leading petroleum distribution company OPET has won a Stevie Award at the »» »»