News Scan

NEWS SCAN for Turkey – April 29th, 2013

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Down below you will find a summary of topics from major Turkish papers and internet sites.

Turkish FM says Turkey first NATO country to establish relations with SCO

Ahmet Davutoğlu talked to reporters on Sunday and said Turkey was the first NATO country to establish relations with Shanghai Cooperation Organization (SCO).

Although Turkey would like to become part of European Union as full member and has been spending full efforts in this direction, the country has also taken alternative steps and become “dialogue partner” with Shanghai Cooperation Organization.

Referring to the issue, Davutoğlu noted that Turkey was located in a multi-dimensional geography and interested in many foreign policies on the same scale.

Gold rush typical for Turkish people

As the aftereffects of global crisis in the world still prevail, Turkish economy enjoys a healthier stance as compared to many countries. In the meantime, the country has witnessed a sharp fall in gold prices causing a gold rush among. Turks, who were unable to find gold coins in the market in the days after the drop. This attitude is regarded as usual for Turks by the jewelry market.

The gold price  dropped from 92 Turkish Liras to 79.5 liras per gram on April 15, by 13-14 percent. created. Turks rushed to buy quarter and half gold coins upon this development. As demand substantially increased compared to supply the price reached 150 liras. The wage rate variance, between the selling and purchasing prices thus increased to 20 liras which is normally between 3 and 5 liras). The quarter gold coin reached the old price before the sharp fall, and demand started to drop. Gold prices then became more balanced last week.

Experts forecast the prices will still continue to fall, although the high demand resulted in the raising of gold prices at first.

TAV CEO: We are prepared for Istanbul’s third airport tender

The tender for Istanbul’s third airport is scheduled for May 3. Among the companies to prepare bid for said tender TAV (Turkish airport developer and operator) has announced it is ready for the tender.

Mr. Sani ŞENER (The CEO) has said they have prepared their bid with 17 consulting firms and added “the zone, where the third airport was planned to be built in Istanbul, used to be a mining site. A serious engineering work will have to be done. We worked on the tender with 17 international consulting companies and 70 staff who focused on it. We know the truth about the cost. We are ready for arm wrestling”.

29.04.2013
SOURCE: MEDIA

We do not verify above stories neither do we vouch for their accuracy.

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