News archive of July 2024

More explorations planned in Black Sea, says energy minister

Energy and Natural Resources Minister Alparslan Bayraktar has announced that there will be further hydrocarbon explorations in the western Black Sea this year.

One of the exploration sites is off the coast of the province of Rize, Bayraktar told private broadcaster A Haber, adding that they also identified a site to carry out exploration activity off Sinop.

Türkiye spends $125 million on sunglasses imported from Italy

The number of sunglasses imported from Italy in 2023 increased by 44.8 percent compared to the previous year, reaching 3 million units, while the amount paid was $125.4 million, Anadolu Agency has reported, citing trade data from the Turkish Statistical Institute (TÜİK).

In 2022, Türkiye imported 2.1 million sunglasses from Italy, paying around $70 million.

Tense Venezuela votes in shadow of 'bloodbath' warning

Venezuelans vote Sunday between continuity in President Nicolas Maduro or change in rival Edmundo Gonzalez Urrutia amid high tension following the incumbent's threat of a "bloodbath" if he loses, which polls suggest is likely.

Bulgaria Moves Closer to Euro Adoption with Key Legislative Approvals

The Budget Committee has approved both bills submitted by the Council of Ministers for the introduction of the euro and the Law on Credit Institutions. To address the unstable political situation and the risk of early elections, the committee decided to grant a mandate to the Ministry of Finance.

New Rules Mandate Cashless Payments in High-Rated Restaurants in Bulgaria

The absence of product prices is the most common violation of customer rights at seaside retail establishments, according to Gabriela Rumenova, founder of the online platform "We, the Users," who emphasized that this isn't a widespread issue.

Iran's Khamenei formally grants Pezeshkian presidential powers

Iran's supreme leader Ayatollah Ali Khamenei gave Sunday his official endorsement of reformist Masoud Pezeshkian as the Islamic republic's ninth president, following snap elections that had concluded earlier this month.

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