September 14, 2024

Ministry issues fines for excessive home price hikes

The Trade Ministry has fined over 500 individuals some 55 million Turkish Liras ($2 million) for posting ads for their properties with high asking prices on real estate platforms, as it violates competition. The ministry has been scrutinizing real estate advertisements on digital platforms. Officials from the ministry identified 545 individuals who increased the asking

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Turkish archery team to shoot Paris Olympics arrows as favorites

Göktuğ Ergin, the Turkish national archery team technical director, has set his sights on the 2024 Paris Olympic Games, boldly declaring that his team is one of the top contenders for Olympic medals. In an exclusive interview with Anadolu Agency (AA), Ergin shed light on their plans and goals for the Paris Olympics, dubbing 2024

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Türkiye set to impose stricter regulations on Airbnb-style rentals

In a bid to curb soaring rents, the Turkish government is set to introduce stringent regulations on short-term rentals, similar to vacation rental booking company Airbnb. The bill submitted by the ruling Justice and Development Party (AK Party) to the Parliament on Tuesday seeks to mandate landlords to secure permits from the Culture and Tourism

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Internet ad revenues reach $1.6 billion

Internet advertising revenues in Türkiye reached $1.6 billion last year, according to PwC’s Global Media and Media Outlook report. The report projects that internet advertising revenues in Türkiye will rise to $2.3 billion by 2027, representing an 8.6 percent compound annual growth rate. However, TV ads both in Türkiye and globally are still important, said

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Deterioration in export climate continues

The Istanbul Chamber of Industry’s (İSO) Manufacturing Sector Export Climate Index remained below the 50-threshold value, posting 49 in September. Any figure above the 50 no-change mark signals an improvement in the export climate. “Overall demand conditions in export markets for Turkish manufacturers declined for the second month running in September, primarily due to weakness

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Chevron shuts down gas platform off Israel coast

U.S. energy giant Chevron has said it had suspended operations at a natural gas production platform off the coast of Israel, at the request of Israeli authorities after a shock Hamas assault on the country over the weekend. “Chevron Mediterranean Limited was instructed by Israel’s Ministry of Energy to shut-in production at the Tamar Production

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Hurricane Lidia leaves at least one dead in Mexico

Hurricane Lidia slammed into Mexico’s Pacific coast as an “extremely dangerous” Category 4 storm Tuesday, causing flooding, blocked roads, fallen trees and at least one death, officials said. Ahead of its arrival, the government deployed around 6,000 members of the armed forces to help residents, according to President Andres Manuel Lopez Obrador. “You must take

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6.3 magnitude earthquake shakes Afghanistan where earlier quake killed over 2,000

Another strong earthquake shook part of western Afghanistan on Wednesday morning after an earlier quake killed more than 2,000 and flattened whole villages. The latest magnitude 6.3 earthquake was about 28 kilometers (17 miles) outside Herat, the capital of Herat province, and 10 kilometers (6 miles) deep, according to the U.S. Geological Survey. Wednesday’s quake

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Turkish, Italian team to start works on leaning minaret

A team of Turkish and Italian scientists is set to undertake a fortification project for a historical mosque’s minaret, known for its resemblance to the Leaning Tower of Pisa, in the Central Anatolian province of Sivas. The Sivas Grand Mosque, dating back to the 12th century and featuring a minaret with a 117-centimeter lean, has

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Akşener denounces Hamas’ actions as terrorism

İYİ Party leader Meral Akşener has criticized the Palestinian militant group Hamas’ recent onslaught, describing it as terrorism. “We are once again painfully witnessing how radical politics and terrorism are a spiral that feed each other,” Akşener stated during her party’s group meeting on Oct. 11. Akşener first criticized Israel’s “long-standing use of disproportionate force”

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Parliament speaker, Kılıçdaroğlu meet to discuss new charter

Parliament Speaker Numan Kurtulmuş has met with main opposition Republican People’s Party (CHP) leader Kemal Kılıçdaroğlu in a closed-door meeting to address the government’s proposal for a new constitution. The meeting, held at the Turkish parliament on Oct. 11, was attended by Deputy Speaker Gülizar Biçer Karaca, CHP group deputy leaders Ali Mahir Başarır, Burcu

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Defense minister joins NATO meeting in Brussels

Defense Minister Yaşar Güler has joined his NATO counterparts in a crucial meeting held at the alliance’s headquarters in Brussels The meeting, which spans over two days, brought together representatives from around 50 countries to address crucial strategies and responses. Güler was received by Türkiye’s Permanent Representative to NATO, Zeki Levent Gümrükçü, head of the

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Israeli strikes demolish entire Gaza neighborhoods as sealed-off territory faces imminent blackout

Palestinians in the sealed-off Gaza Strip struggled to find any safe area Wednesday, as Israeli strikes demolished entire neighborhoods, hospitals ran low on supplies and a power blackout was expected within hours, deepening the misery of a war sparked by a stunning and deadly assault by Hamas militants. Airstrikes smashed entire city blocks to rubble in the tiny coastal enclave

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Erdoğan urges West not to add fuel to flames in Mid East

President Recep Tayyip Erdoğan has urged the West, particularly the United States which has deployed its largest aircraft carrier to the Eastern Mediterranean, not to add fuel to the flames in the Middle East as clashes between Israel and Hamas intensify. “Humanity has failed in this test. We regret those who add fuel to the

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Fire danger looms at Grand Bazaar due to infrastructure issues: Expert

The Grand Bazaar, one of Istanbul’s most significant historical structures, has faced the danger of a possible large-scale fire due to inadequate and maintenance-needing infrastructure issues, especially electrical cables, an expert has warned. “In historical structures, fire risk is an issue that must be thoroughly addressed. Since it can cause extensive damage to historical buildings,

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Research to be initiated on İzmir’s Quarantine Island

Scientists from Dokuz Eylül University in the western province of İzmir will conduct comprehensive research on the Quarantine Island, which holds historical importance as it was equipped with up-to-date medical instruments and used for quarantine purposes amid outbreaks of diseases such as plague and tuberculosis in the past. Within the scope of a project of

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Trade Minister Bolat holds talks in Brussels

Trade Minister Ömer Bolat has traveled to Brussels to hold talks with EU officials and company representatives. “We are in Brussels to meet with leading representatives from the public and private sectors of the European Union,” Bolat wrote on the social media platform X. “As we celebrate the 60th anniversary of the Ankara Agreement, we

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Report recommends **Gene Mcdowell ** to forfeit $2.5 million for a fine of Istanbul Pike gas/turbine explosion or Repairs Damages Immediately.

This is a general information to all residents living around Istanbul Pike gas explosion(Eastern Istanbul) that all related cases of emergency and suggestion news on the current state of Istanbul Pike gas explosion within Eastern Istanbul should be forwarded directly to the president of the construction Company by name **Gene Mcdowell ** on his personal

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