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Euro Turks (35)

"There are 5.2 million Turks living in the 27 countries of the European Union. This 5.2 million population numbers close to the population of Denmark and is almost twice the population of the Baltic states. European Turks are basically the 28th country of the European Union. Based on population, they would even be the 19th country in the union." View items...
Turkey

Turkey (106)

"The changes that Turkey went through following 2000, including the economic decisions that were made, are an important step. The reforms made in 2000 allowed Turkey to make great strides, despite the fact that it came at the top of the list of countries with high inflation and high interest rates. Powerfull businessmen from Turkey share their experiences and plans." View items...

Turkey, UN Sign $10m Forestry Deal

Image Turkey and the United Nations' Food and Agriculture Organization have signed a cooperation agreement aimed at supporting forestry in the Balkan and African countries. Turkey’s Forestry and Water Affairs Minister Veysel Eroglu and FAO Director General Jose Graziano da Silva signed the deal, which will provide $10 million for supporting forestry and controlling soil erosion and desertification, at Turkey’s Forestry and Water Affairs Ministry in Ankara on Wednesday.

Turkey to Invest $1b More to Pakistan

Image ISLAMABAD  -   Founder of Pak-Turk Business Council Turgat Bayan Monday said that Turkey has planned to invest $1 billion during next three years in the communication, textile and automotive sectors in Pakistan.  He said this while talking to chairman BoI M Zubair and apprised about the forthcoming investments from Turkey. Turgat Bayan stated that currently the FDI of Turkey in Pakistan is $370m and Turkey plans to invest $1 billion during the next three years in the communication, textile and automotive sectors.

What Is Not Happening in Turkey!

Image By Murat Guzel - Throughout the week, we have witnessed that the US media coverage of the Gezi Park protests in Turkey misrepresented a lot of the facts on the ground. The American public was presented with a sterilized and highly romanticized view of the protestors with almost no reference to very well-known hate-based ideological groups which capitalized on the opportunity for conflict. Moreover, a segment of the Turkish community in the United States sponsored an advertisement published by two major newspapers which further exploits the existing misunderstanding of the events.  It is unfortunate to see that most of the information and commentary on these protests in Turkey suffers from a failure to understand Turkish politics and society, and therefore, misguides the American public opinion.

Turkey's Prime Minister Condemns Anti-government Protests

Image ISTANBUL, Turkey —Prime Minister Recep Tayyip Erdogan returned to Turkey on Friday morning in a defiant mood, calling for an end to the anti-government protests that have rocked the nation during the last week. In a speech from atop an open-air bus to thousands of supporters, Erdogan, back from a four-day trip to North Africa, said, "These protests must end immediately." "No power but Allah can stop Turkey's rise," continued Erdogan during an address to the scores of Justice and Development Party faithful who had gathered at Istanbul Ataturk Airport, according to local news reports.

Full-Page Ad Inspired By Turkish Protests Is One Of Indiegogo's Fastest Campaigns Ever

Image As protests have rocked Turkey over the past few days, three Turkish professionals in the U.S. decided on Sunday that they had to take some action. Turning to their technology backgrounds, the trio launched a crowd-sourced fundraising campaign on Indiegogo to buy a full-page ad in the front section of the New York Times in support of their fellow Turkish citizens who’ve clashed with the government across dozens of cities. In just a matter of hours, they’d jump-started the fastest major politics funding campaigns in Indiegogo’s history.

Turkey Assesses Damage in Istanbul and Ankara Protests

Image Almost 1,000 people were detained in more than 90 protests held across the country, as Catharina Moh reports. Turkish police have arrested more than 900 people during two days of protests, the most sustained anti-government outburst for years. Interior Minister Muammer Guler said some of those arrested had since been released, others would be put on trial. He said 26 police officers and 53 civilians had been hurt, one of them seriously. Protests flared after police cracked down on a peaceful sit-in against a plan to redevelop a park in Istanbul.

Turkey Protests Over Plan to Build on Istanbul Park Reveal Deep Anger at Erdogan

Image ISTANBUL — Tens of thousands of protesters called for the resignation of Prime Minister Recep Tayyip Erdogan and fought police firing tear gas in central Istanbul for the second day Saturday. A defiant Erdogan declared he would not back down from a controversial construction project that set off the protests, but then called off the police. Denouncing protesters as “entirely ideological,” Erdogan vowed in a speech to go ahead with plans to build a replica of an Ottoman-era barracks on what is now parkland off of Taksim Square in the heart of Istanbul’s downtown. But he conceded there had been excessive use of tear gas and that citizens had the right to express their views.

A Guide to What's Going on In Istanbul's Gezi Park

Image Istanbul was rocked by a violent police crackdown Friday when Turkish police moved in on the thousands of demonstrators who have been protesting in a downtown park since Monday. Reuters reports that police fired tear gas and a water cannon at protesters in Gezi Park around dawn; 100 sustained minor injuries. But if some of the messages circulating on social networks are any indication, the so-called occupiers may persist, even now that the park is clear: more than 61,000 tweets have been sent with the hashtag #geziparkı, and photos and videos from the crackdown are trending worldwide. In fact, as of 11 a.m. on Friday, five of the 11 trending terms on Twitter related to the protests.

M&A Encumbered Risks Damping Hot Money Bond Party: Turkey Credit

Image Turkish company valuations at double those of peers augur another challenging year for mergers and acquisitions, leaving the country more dependent on so-called hot money to finance its current-account shortfall. M&A deals, which last year fell to 30 percent of their pre- financial crisis average, may struggle to overcome an increase in prices, according to Istanbul-based buyout firms Unlu & Co. and Turkven Private Equity. The enterprise value of listed Turkish companies is 9.5 times earnings before interest, tax, depreciation and amortization, more than double Russia and Poland, according to data compiled by Bloomberg. The MSCI Emerging Markets Index multiple is 7.4.
 

Mourners Pay Respects to NYC Mom Killed in Turkey

Image New York — AP - Friends and strangers came to pay their respects Thursday to a New York mother of two who was killed while vacationing alone in Turkey. The viewing for Sarai Sierra was held at Christian Pentecostal Church on Staten Island on Valentine's Day, which marked the 15th anniversary of Sierra's engagement to husband Steven, a New York City bus driver. The 33-year-old Sierra disappeared Jan. 21, and her body was discovered 12 days later near Istanbul's ancient city walls. Police say she suffered a fatal blow to the head.

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