News archive of June 2024

Halki Seminary: Turkey’s trail of broken promises

Over 52 years ago Turkey shut down Halki Seminary. Since then, its doors have remained shut. According to a recent report in Karar daily, a Turkish media outlet, Ankara is considering taking steps to reopen the seminary.

Manufacturing activity contracts for second straight month

The headline PMI in the manufacturing sector posted below the 50 no-change mark for the second consecutive month in May, dropping to 48.4 from 49.3 in April, a survey by S&P Global has shown.

Any figure greater than 50 indicates overall improvement in the sector.

CEO pay rising, gap with workers widening

The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13 percent last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans' budgets.

The median pay package for CEOs rose to $16.3 million, up 12.6 percent, according to data analyzed for The Associated Press by Equilar.

Defense industry’s exports top $2 billion in five months

The Turkish defense and aviation industry's exports surge 8.6 percent in the January-May period from a year ago to reach $2.21 billion.

The industry's share in the country's overall export revenues was 2.1 percent.

Defense and aviation exports amounted to $876 million in May alone, said Haluk Görgün, the head of the Defense Industries Presidency (SSB).

Turkey denies firman giving Lord Elgin rights to sell Parthenon Sculptures

Turkey's spokesperson at a meeting of UNESCO's Intergovernmental Committee for Promoting the Return of Cultural Property to its Countries of Origin or its Restitution in Case of Illicit Appropriation (ICPRCP) last week denied knowledge of a written authorization allowing Britain's Lord Elgin to sell large sections of the Parthenon's sculptural decorations that had been removed from the ancient

Minister says planned elections by YPG are 'unacceptable'

Plans by U.S.-backed YPG to conduct local elections in northern Syria are "unacceptable" and a threat to Türkiye's national security, Defense Minister Yaşar Güler said on June 3.

Türkiye considers the move as a step toward the creation of a separate Kurdish entity across its borders.

Border Police Chief: Bulgaria is Ready for Schengen!

Chief Commissioner Anton Zlatanov, director of the Main Directorate "Border Police", asserted Bulgaria's readiness to fully integrate into the Schengen area, citing Austria's veto as the sole obstacle preventing this transition. Zlatanov criticized Austria's veto, deeming it unjust during an interview on BNT.

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