News archive of August 2023

International Finance Corporation (IFC), a member of the World Bank Group, has said it has invested over $1.46 billion in Türkiye to support private sector development in fiscal year 2023.

Sweltering heat in Phoenix that has routinely broken records this summer led to yet another canceled concert, with rapper 50 Cent calling the triple-digit temperatures "dangerous."

Rapper 50 Cent said that his scheduled show on Aug. 29 night at Talking Stick Resort Amphitheater, an outdoor venue in west Phoenix, was postponed because of the sweltering weather.

On remote islands off the Maine coast, a unique bird held its own this year in the face of climate change.

The owner of a tour company with its headquarters in İzmir is accused of defrauding 61 members of the Chamber of Architects branch in Denizli province of roughly 30,000 euros after signing a contract for a Balkans trip.

In April 2023, the chamber which organized a Balkans tour for its members met with Emine Yıldız, the owner of an Izmir-based tour company for the trip.

As applications are now open for Youth and Sports Ministry-affiliated university dormitories, a digital assessment by 12 public institutions will take precedence, with special consideration granted to students affected by recent earthquakes.

Türkiye and Saudi Arabia may boost the bilateral trade volume to $30 billion in the medium and long term, Rifat Hisarcıklıoğlu, the president of the Union of Chambers and Commodity Exchanges of Türkiye (TOBB) has said.

The combined net profit of Turkish banks increased by 41 percent in the January-July period from a year ago to 293.4 billion Turkish liras ($11.1 billion), the data from the Banking Regulation and Supervision Agency (BDDK) have shown.

In July alone, the banking sector's net income was up around 12 percent to 43.3 billion liras.

The head of the Venice Film Festival, which started yesterday, told AFP it was "absolutely incomprehensible" why U.S. opinion had turned so strongly against director Woody Allen.

The festival has been criticized for its inclusion of several directors with past sexual assault allegations in this year's line-up, including Allen, Roman Polanski and Luc Besson.

India's Moon rover has confirmed the presence of sulphur on the lunar south pole, the country's space agency said.

Last week, India became the first country to land a craft near the largely unexplored south pole, and just the fourth nation to land on the Moon.

In a collector's establishment in Istanbul, an actual duplicate of the missing original clock from the southern province of Antalya's famous clock tower has been discovered.