Türkiye’s economy experienced turbulence in the foreign exchange market. The Central Bank took precautions and calmed the situation, but its measures will have medium-term effects. The turning point occurred on March 19 when the Metropolitan Mayor of Istanbul, Ekrem Imamoglu was taken into custody. Within half an hour, the Turkish currency lost 10 percent of its value against the dollar, ...
By Kıvanç Özdal Istanbul University has revoked the diploma of Istanbul Metropolitan Municipality (IMM) Mayor Ekrem Imamoğlu. The university stated that 28 individuals, including Imamoğlu, were found to have transferred irregularly into the English-language Business Administration program in 1990, in violation of Higher Education Council regulations. Their diplomas were annulled on the grounds of “nullity” and “clear procedural error.” Following ...
By Kamran Gasanov Ever since the Republican People’s Party lost the parliamentary elections and failed to get its president in May 2023, it has been struggling internally. One-party members started accusing then leader and presidential candidate Kemal Kılıçdaroğlu of preventing other more popular candidates from being the CHP’s representative, which caused them to fail. Therefore, as early as November 2023, ...