Turkey Financial News

Oct. 13-19, 2023

₹1050, trailed by Motilal Oswal. Voltas is now trading around ₹820. Apart from government incentives in the sector, hotter summers, rising incomes, aspirations, easy financing schemes “are anticipated to drive growth," said analysts at Motilal Oswal.

By Gilles Guillaume

Secretary of State Antony Blinken says new U.S. sanctions are “directed at Hamas terrorists and their support network," not at Palestinians

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on a crypto exchange in Gaza that is involved in Hamas fundraising. 

Rishi Sunak landed in Israel on Thursday, a Reuters witness said, beginning a visit in which he will meet Prime Minister Benjamin Netanyahu and President Isaac Herzog before travelling on to other regional capitals. Sunak will share his condolences for the loss of life in Israel and Gaza as a result of the October 7 attack on Israel by Gaza-based Palestinian Hamas gunmen, his office said, and warn against further escalation of conflict in the region. «Every civilian death is a tragedy.

fundamentally strong stocks that took a hit due to falling profit margins. These stocks are market leaders in their respective industries and have a competitive edge over their peers. They could potentially stage a comeback in 2024.

Google 'cheat code' is revolutionizing the way we snag incredible flight deals to holiday hotspots around the globe. This clever hack, previously tucked away as a closely guarded secret, is now stepping into the limelight, offering travelers the keys to discover affordable flights to destinations like Spain, Turkey, Greece, Portugal, France, the USA, and beyond.

Iran on Monday said time was running short to reach a political solution in the Israel-Gaza conflict, warning of the «possibility of expanding the scope of war and conflict to other fronts». Israel declared war on the Palestinian Islamist group Hamas a day after waves of its fighters broke through Gaza's heavily militarised border with Israel on October 7 and shot, stabbed and burned to death over 1,400 people, most of them civilians. Israel has responded by pummelling the Gaza Strip with non-stop air and artillery strikes that have flattened neighbourhoods and killed at least 2,750 people in Gaza, mostly civilians. Iran celebrated the Hamas assault but insisted it was not involved. Iranian President Ebrahim Raisi on Monday held phone calls with his Russian and Turkish counterparts, during which he «warned against the continuation of crimes by the Zionist regime», the president's political deputy, Mohammad Jamshidi, said on X, formerly Twitter. During his phone call with Russian President Vladimir Putin, Raisi warned of a «possibility of expanding the scope of war and conflict to other fronts». «If this happens, it will be more difficult to control the situation,» Raisi said, according to state news agency IRNA. Iran's Foreign Minister Hossein Amir-Abdollahian meanwhile «stressed that time is running out for political solutions» to the conflict, according to a post on X. He added that he told his counterparts in Malaysia, Pakistan and Tunisia that the «probable spread of war to other fronts is approaching an inevitable stage». His remarks come as Israel readies for a land invasion into the long-blockaded Gaza Strip, where fears for Palestinians trapped in the heavily-bombarded enclave have grown since Israel

Crypto, the buzzword in the world of finance. There are currently around 31 million users of these digital assets in Europe, according to estimations from cryptocurrency payment gateway TripleA.

Nikol Pashinyan skipped the CIS summit in Kyrgyzstan last week, Russia-Armenia ties are striving to remain steady as the partnership serves national interests of both countries. While there are fears that Russia-West conflict might “spread to Armenia '' in the backdrop of exodus from Nagarno-Karabah, Armenia and Ukraine are two different situations despite rising differences of opinion between Moscow and Yerevan. Armenia is a member of the Russia-led Collective Security Treaty Organization and has a bilateral defense agreement with Russia. Armenia and Russia have strategic partnership and Armenia currently hosts around 10,000 Russian troops, 5,000 of which are stationed at Gyumri's 102nd Russian military base.

UEFA EURO 2024 Qualifiers are just around the corner, and football fans worldwide are eager to catch the thrilling matches. The vast appeal of these qualifiers is evident by their extensive broadcast reach, covering regions from Europe to Africa, Asia, Latin America, North America, the Middle East, and Oceania. To help you keep up with the action, here's a list of broadcast partners for several nations: United States: Fox Sports fubo TV TUDN Canada: DAZN Canada TVA Sports Australia: Optus Australia India: Sony Six United Kingdom: Channel 4 S4C Viaplay For our readers outside these major nations, here's a glimpse of where you can watch the qualifiers: Albania: Digitalb, TV Klan Germany: ARD, DAZN, RTL, ZDF Italy: Mediaset, RAI, Sky Italia Spain: TVE Turkey: Saran, TRT United Kingdom: Channel 4, S4C, Viaplay Argentina: ESPN Latin America Brazil: ESPN Brazil – Globo, ESPN Brazil China: Super Sports China Japan: DAZN Japan Saudi Arabia: beIN sports South Africa: Supersport

IMEC) and India-Israel-USA-UAE projects, China has launched dialogue across the region seeking to align BRI with Turkiye's Middle Corridor Initiative. Turkiye had decried IMEC, which is aimed at rivaling BRI in the region and this week's BRI summit in China is expected to witness efforts to align Ankara's Middle Corridor Initiative with BRI. The two sides recently held a high-level dialogue on the issue, ET has learnt. IMEC was announced on the sidelines of the G20 summit here in the presence of leaders of the USA, Saudi Arabia, India and Europe. Trans-Caspian East-West-Middle Corridor Initiative shortly named as 'The Middle Corridor', begins in Turkiye and passes through the Caucasus region via Georgia, Azerbaijan, crosses the Caspian Sea, traverses Central Asia and reaches China, according to a Turkish foreign ministry document.

Hamas gunmen are marshalling their own resources to get their loved ones home. Israel's military said Sunday it had confirmed that 126 people have been held captive since Hamas militants from the blockaded Gaza Strip attacked southern Israel on October 7. They gunned down civilians and dragged dozens of others, Israelis and foreigners, back to Gaza. Among them were children, including nine-month-old Kfir and four-year-old Arial Bibes, snatched along with their mother Shiri.

It is worth noting that Saudi Arabia, Iran and Qatar not only extended their support to Palestine, but also criticised Israel over its treatment of Palestinians. Egypt is also extending its support to Palestine and is also providing humanitarian assistance to Gaza. The nation also condemned any displacement of Palestinians from North Gaza.

‘War crime’, ‘attempted genocide’: How some Jews around the world denounced Israel's Gaza bombardment This prompted the company's Pakistan-based arm to issue a statement in a bid to distance itself away from the Israeli branch's actions. “McDonald’s in Pakistan is a local enterprise, with full ownership and operation overseen by SIZA Foods Pvt. Ltd.

Residential price growth across the 107 world cities has slowed in Q2 2023, falling to 1.7% YoY from 11.7% YoY in Q2 2022, according to Knight Frank’s latest report ‘Global Residential Cities Index Q2 2023’. This is recorded to be lower than that experienced in the first wave of the pandemic, when growth reached a low of 2.9% in Q2 2019.

Backed by famous artists, US-based company Blackdot has revealed a machine that inks blockchain-stored tattoos that clients also own as non-fungible tokens (NFTs) - enabling artists to earn future royalties. 

The Treasury Department has imposed its first set of sanctions on two companies that shipped Russian oil in violation of a multinational price cap

As FTX executives testify to the sheer magnitude of ex-boss Sam Bankman-Fried’s seismic crypto fraud during his trial, some can’t help but wonder what legitimate purpose the industry can ever actually serve.

By Timothy Gardner and Daphne Psaledakis