The World Bank estimated the damage caused by the earthquakes that devastated southeastern Turkey earlier this month at about $34 billion. However, the institution warns that the real cost of reconstruction could double that figure.
The World Bank report notes that damage to residential buildings…
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Turkey
Turkey receives observer status in the Andean Community of Nations
Turkey is now a member of the ACN as an observer. The status was recently granted to him, and welcomed by his representatives, who have indicated that the decision will allow expanding cooperation with the countries of the region.
"Within…
Russia increases its grain reserves by 20 %
The president of Russia's largest grain union, Arkady Zlochevsky, said his country has increased its grain reserves by 20 percent compared to last year as a result of sanctions imposed by Western countries.
"Our reserves are 20 % higher…
Istanbul will host the NFT Summit Istanbul 2022
Between May 28 and 29, the NFT Summit Istanbul 2022 will be held in Istanbul, Turkey, which is organized by Meta Venture Fund.
This event will be held at the Lütfi Kırdar Convention and Exhibition Center, and will aim to expose experts to…
Turkey will not accept private cryptocurrencies
Recep Tayyip Erdogan, President of the Republic of Turkey, stated in a meeting with university students that his country has no intention of protecting any type of private digital asset in his territory.
Erdogan was emphatic and expressed:…
Turkey will not ban the use of cryptocurrencies
The Governor of the Central Bank of Turkey, Şahap Kavacıoğlu, indicated that said institution does not consider applying any prohibition against cryptocurrencies.
The plan for the coming weeks consists on applying a series of rules that…
Turkish lira collapse fuels bitcoin purchase
Due to the fall of the Turkish currency, searches for bitcoin and cryptocurrencies in general in this country have reached all-time highs.
In recent days, a series of economic measures have been generated in the nation, such as the…
Avior resumes its flights to the Dominican Republic twice a week this Thursday
Passengers with Avior airline tickets who are affected by the routes that are not yet operational will be able to use their tickets in the currently available destinations.
The Venezuelan airline pointed out last Saturday, January 23, that…
BiLira, the new Turkish stablecoin that joins BTSE
The crypto exchange BTSE has decided to incorporate the Turkish stablecoin BiLira (TRYB) to its platform with the aim of offering investors a new ramp to access the crypto markets.
As reported by BTSE co-founder and CEO Jonathan Leong, the…
New TurkStream gas pipeline will supply Turkey and Europe
The presidents of Turkey and Russia, Recep Tayyip Erdogan and Vladimir Putin, inaugurated on Wednesday the TurkStream gas pipeline, a project with more than 30,000 million cubic meters of gas ready to supply the Turkish region and Europe.…
Turkey will regulate cryptocurrencies
The Capital Markets Board (CMB) it announced that by the end of 2020, Turkey will have regulations to cryptocurrencies like bitcoin and other assets.
Although it was not disclosed in big details with respect to this measure, the agency…
Turkish government freezes more than 3 million accounts
Thousands of companies and people with fiscal obligations to Turkey have received foreclosure notices, informing them of the freezing of their bank accounts. A measure of the Turkish government before the problems facing the financial and…