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Cyber attack staged on Turkish websites fails International hacker group 'Anonymous' staged a cyber attack on almost 20 government bodies including the Ministries of Justice, Internal and Foreign Affairs as well as the Security General Directorate yesterday, however due to intervention by the teams from the Telecommunications Directorate, they were unsuccessful.
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Investments pour in for entertainment Turkey, a rising star in terms of global growth, is now becoming a regular stop for international stars such as Madonna and Zaz. Foreign investors are now racing to invest in Turkey’s four billion dollar entertainment sector.
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Turkey begins drilling in the Mediterranean Turkey has responded to the Greek-Israeli collaborative petrol exploration efforts in the Mediterranean by beginning to drill for gas and oil on the Turkish Republic of Northern Cyprus.
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Fitch: Turkey’s note may be bumped up International credit rating agency Fitch analyst Ed Parker expressed that Turkey’s basis of macro elements point to the possibility of an investable rating.
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The robbery that followed February 28th The public finance robbery which began following the February 28th coup drove the nation into crisis. Interest soared, the treasury’s debt load increased, the account deficit multiplied by 14 and the public debt revenue rate rose to 92%. Public banks were emptied out.
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45,000 Turkish exporters open up to the world The ‘Buy from Turkey’ shopping website, the result of collaboration between Alibaba.com, the Ministry of Economy and TİM, aims to bring forth 45,000 SME exporters into the international arena. In an effort to ensure that every product produced in Turkey is purchasable from different countries, the Ministry of Economy and Turkey’s Exporters Assembly (TİM) have joined forces in order to establish a sales outlet in the virtual community. With 200,000 liras set aside from Turkey’s promotional budget, the ‘Buy from Turkey’ website, which will go into effect in June, will provide the names, contact and product information for 45,000 exporters.
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Businessman with Ottoman roots plans investment in... Following the world’s richest businessman Carlos Slim, another Ottoman descendent is planning to come to Turkey. Brazilian millionaire Joseph Safra, whose ancestors used to trade in Istanbul, has supposedly now set his sights on Turkey.
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Two billion dollar investment from an Ottoman... Minister of Economy Zafer Çağlayan has announced that Energy Allied International, whose CEO has roots spanning back to the Ottomans, will be making a two billion dollar investment in Turkey.
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Turgut Özal; the man who left a significant... Istanbul Aydın University commemorated former President and Prime Minister of Turkey Turgut Özal for his great contribution to change and the significant mark he made on the nation’s democratic history through reforms on the 19th anniversary of his passing.
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Five American mega-firms plan to invest With the announcement of the new incentives system, U.S. firms Pepsi, General Electric, 3M, Kimberly-Clark and Quest Diagnostics have all decided to invest in Turkey.
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Turks sign on to produce auto of the future Ford has joined forces with Dow to produce a new generation vehicle, which they intend to lighten by 350 kilos. The composite that Ford and Dow engineers intend to use in their new designs will be produced by Turkey’s Aksa.
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Turkey’s unemployment on the drop Turkey’s unemployment rate continues to display an ongoing drop. According to deseasonalized unemployment figures, Turkey’s has seen the lowest drop in unemployment at 8.9 percent since 2005.
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Hitler commercial withdrawn for three months Turkey’s Advertising Board has withdrawn an advertisement for ‘Biomeen’ shampoo which depicts footage of Adolf Hitler. The three month cautionary judgment was based on the notion that the cartoon contains inflammatory and racist symbols as well as inspires sexism.
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China trip boosts tourists The Prime Minister’s trip to China has resulted in an increased interest in Chinese tourists. The high spending tendencies of Chinese tourists who come to Turkey on eight to ten day trips has drawn the interest of Turkey’s tour operators.
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