News archive of June 2024

Renowned for his photography and documentary films on Istanbul's urban transformation, Timurtaş Onan dedicates his latest book to the inns and inhabitants of the Historical Peninsula and Sirkeci.

"The difficult times are still ahead of us." wrote Mitsotakis, adding that "our effort is continuous. In this effort, our allies are new tools that build a new culture of prevention and responsibility."

He also highlighted the difficulty of dealing with the mountain Parnitha fire in Attica that broke out on Saturday afternoon. 

Russian attacks across eastern Ukraine killed at least 11 people Saturday, while rescuers in the city of Dnipro dug through rubble after a Russian strike ripped through a nine-story residential building, leaving one dead, officials said.

Two senior Russian officials are vying to lead efforts to combat religious extremism in Russia as ethnic and religious tensions continue to escalate.

U.S., European and Arab mediators are pressing to keep stepped-up cross-border attacks between Israel and Lebanon's Iran-backed Hezbollah militants from spiraling into a wider Middle East war that the world has feared for months. Iran and Israel traded threats Saturday of what Iran said would be an "obliterating" war over Hezbollah.

This week will see the release of some important macroeconomic data for the Turkish economy, including monthly and annual inflation statistics.

On July 3, the Turkish Statistics Institute (TÜİK) will unveil highly anticipated consumer price inflation numbers.

The World Bank has said that its board approved $600 million in financing to support Türkiye's efforts to protect people and strengthen resilience against floods and drought, which are increasing in frequency and intensity due to climate change.

Finance Minister Mehmet Şimşek is expected to meet with representatives of major business organizations to brief them on the government's work on a tax package.

The tax bill aims to improve efficiency in tax collection and establish a more equitable tax system.

Istanbul, Türkiye's cultural, financial and commercial capital, is hoping to welcome a total of 20 million visitors this year.

Last year, the megacity welcomed 17.4 million foreign tourists, up from more than 16 million visitors in 2022.

Eurobarometer data reveals significant insights into Bulgarian attitudes towards adopting the euro, highlighting both optimism and skepticism among the population. According to the survey, 71% of Bulgarians anticipate their country joining the Eurozone within the next five years, marking a notable increase of 9 percentage points since April 2023.