Foreign Affairs
EU congratulates Istanbul, sees strong signal for democracy in the mayor election outcome
The European Union congratulated the people of Istanbul on “the strong signal for democracy” that they gave in yesterday’s mayoral elections. The opposition candidate, Ekrem Imamoglu, defeated the…
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Eurozone industrial activity remains weak
Activity in the euro zone industry remained at a weak level in June. Market researcher Markit reported this on the basis of a preliminary estimate. The purchasing managers’…
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US launched investigation on Deutsche Bank money laundering
The US authorities are investigating Deutsche Bank and complying with legislation to prevent money laundering and other criminal activities. The German financial group may not have complied with…
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OPEC stops brawling, meeting scheduled
The members of the oil cartel OPEC and the allies have made the decision to meet after a month of fighting. The insiders report this to Bloomberg news…
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Egyptian former president Morsi died during the court proceeding
Mohamed Morsi, who was ousted in 2013 and died in a trial against him, reports the Egyptian state TV. The cause of his death is not yet known.…
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EU court rejects German toll plans as discriminatory
The Court of Justice of the European Union has overturned a German proposal for the introduction of a toll vignette for passenger cars. According to the court in…
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Moody’s downgraded Turkey rating, outlook set to negative
Moody’s Credit rating agency has reduced Turkey’s creditworthiness one step further. Concerns about the high dependence on foreign capital and about government control mean that Turkey now has…
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