Month: April 2020

Turkey: Banks register $2.4B net profit in March

April 30, 2020

 Turkey’s banking sector recorded 15.8 billion Turkish liras ($2.4 billion) net profit in March, the country’s banking watchdog said Thursday. The figure jumped 26.2% from 12.5 billion Turkish liras ($2.23 million) in the same month last year, the Banking Regulation and Supervision Agency data showed. Total assets of the sector amounted to 4.9 trillion Turkish liras […]

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Turkey’s annual inflation to fall in April: Survey

April 30, 2020

Turkey’s annual inflation rate is predicted to drop to 10.79% in April, said a panel of economists on Thursday. The 19 economists polled by Anadolu Agency predicted a fall from March’s yearly rate of 11.86%. The consumer price index survey ranged between 0.17% at its lowest and 1.4% at its highest — an average 0.72% monthly increase. […]

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Football: Fenerbahce set to return to training

April 30, 2020

 Turkish Super Lig club Fenerbahce said Thursday it would resume training after sporting activities were suspended across the country because of the coronavirus. Footballers will train May 4 at the Fenerbahce Can Bartu Facilities in groups of four in different areas of the field. After one group completes training, players in another group will begin fieldwork. Turkey suspended […]

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European Central Bank keeps rates unchanged

April 30, 2020

 The European Central Bank (ECB) on Thursday decided to keep interest rates stable, complying with the market expectations. Interest rates on main refinancing operations, marginal lending and deposit facility are 0.00%, 0.25%, and -0.50%, respectively, according to the bank’s statement. Also, the bank said conditions on the targeted longer-term refinancing operations (TLTRO III) have been further […]

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Netherlands reports less than 100 daily virus deaths

April 30, 2020

The number of deaths from COVID-19 in the Netherlands continued to decline as country reported 84 new deaths on Thursday. The death toll from coronavirus stood at 4,795 in the country, the National Institute of Public Health and the Environment (RVIM) said, asserting that the measures taken to contain the spread of infection “are working”. Meanwhile, the […]

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7 terrorists neutralized in eastern Turkey

April 30, 2020

Turkey continues its anti-terror operation in the country’s eastern Kars province, the Turkish Interior Ministry said on Thursday. A total of seven more terrorists were neutralized during an anti-terror operation in Kagizman district by provincial gendarmerie forces, the ministry said in a statement. The operations in the region are still ongoing, the statement added. On Wednesday, […]

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Moscow urges Kiev to offer amnesty to separatists

April 30, 2020

 Moscow urged Kiev on Thursday to offer amnesty to members of separatist movements in eastern Ukraine to accelerate national reconciliation. Following a video conference meeting of the Normandy Four — Germany, France, Russia, Ukraine – Russian Foreign Minister Sergey Lavrov said foreign ministers gathered to review the implementation of agreements reached at the last presidential summit of […]

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Libyan official praises security pact inked with Turkey

April 30, 2020

Libya’s UN-recognized Government of National Accord (GNA) consolidated its power following a security agreement inked with Turkey, according to the chairman of Tripoli’s High Council of State. Speaking to the Qatar-based Al Jazeera TV channel, Khalid al-Mishri praised the military cooperation pact signed between the GNA and Turkey on Nov. 27 in the Turkish metropolitan city […]

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