IMAMOGLU wins Istanbul mayoral elections with a giant difference of 777,000 votes

After a long rally and a lot of effort put into the process EKREM IMAMOGLU, the opposition candidate has won the mayoral elections with an unbelivable difference of about 777 thousand votes (54-46 percent). Despite some major unfair challenge from the leading party IMAMOGLU showed an unbelievable performance and deserved this great success. The people More...

by BTT | Published 3 weeks ago
By BTT On Sunday, June 23rd, 2019
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How Turkey came to 23 June Istanbul Municipal Elections and the outcome

Turkey’s largest city Istanbul, which is beyond dispute the largest city with unparalleled economy (and opportunities, it goes without saying) lived through municipal elections on 31 March 2019. Contrary More...

Turksat of Turkey says industrial production in the country declines by 4 percent
By BTT On Tuesday, June 18th, 2019
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Turksat of Turkey says industrial production in the country declines by 4 percent

Based on information provided by TURKSTAT of Turkey, production in the country went down by 4 percent in April 2019, on an annual basis. Experts had expected a decline of 2.5 percent only. Monthly decline on the More...

By BTT On Saturday, June 8th, 2019
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European football: Turkey beat World champions France 2-0 in Konya, Turkey

Turkey has taken on France in Euro 2020 qualifier. After an amazing football recital Turkey won 2-0 against France in the the qualifying game in Konya, Turkey today. French side displayed a very insufficent performance More...

Treasury Minister Albayrak meets with directors of 11 largest finance institutions in the world
By BTT On Thursday, June 6th, 2019
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Turkey’s Treasury Minister: We will start seeing single-digit inflation after 3 months

Turkey’s Treasury and Finance Minister ALBAYRAK attended a gathering held at a hotel in Trabzon on occasion of Ramadan holiday where he met his colleagues from AK Party and local people. The Minister made important More...

By BTT On Thursday, June 6th, 2019
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Pekcan & Varank to attend G20 Conference of Ministers of Commerce in Japan

Turkey’s Trade Minister Ruhsar PEKCAN and Minister of Industry and Technology Mustafa VARANK will attend the G20 Conference of Ministers of Commerce and Digital Economy to be held in Tsukuba, Japan on 8-9 More...

By BTT On Tuesday, May 28th, 2019
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Turkey and Germany: Two countries with common wishes

ATİAD held the 7th Turkish-German Economy day in Düsseldorf Congress Center on May 4, 2019. North Rhine Westphalia Prime Minister Armin Laschet and Ambassador to Berlin Ali Kemal Aydin, said relationships between More...

By BTT On Tuesday, May 21st, 2019
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A major global threat: Will the USA attack Iran

It is no secret that the tension existing between the US and Iran for many years reached a peak after President TRUMP took office in 2016. On the other hand there is no doubt that Iran has plans to be dominant More...

New rule from Banking Regulation Agency of Turkey for purchase of foreign currency
By BTT On Tuesday, May 21st, 2019
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New rule from Banking Regulation Agency of Turkey for purchase of foreign currency

Turkey’s Banking Regulation and Supervision Agency (BRSA) introduced a new rule for foreign exchange buying and selling. This rule will be applicable to purchase of foreign currency equal to or over US$ 100 thousand. More...

Turkish economy fragile against factors that create pressure on TL against dollar
By BTT On Monday, May 20th, 2019
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Turkish economy fragile against factors that create pressure on TL against dollar

Turkish economy has long been suffering from fluctuations in TL/dollar rate causing high inflation in the first place and increasing foreign debts. The steps taken by the government have not been a cure either More...