🇹🇷 #TurkeyLastWeek 1️⃣ Turkey cracks down on poultry producers over alleged price manipulation Turkish police detained 32 people as part of an investigation into alleged unfair price increases in the poultry sector. Authorities also appointed supervisory trustees to 13 companies, including some of the country’s largest poultry producers. 2️⃣ Central bank expected to hold rates despite inflationary pressures Turkey’s central bank is widely expected to leave its benchmark interest rate unchanged at 37 percent for a third consecutive meeting, despite rising prices fueled in part by the Iran war. Economists remain divided over the inflation outlook, with some projecting year-end inflation of around 30 percent. 3️⃣ BYD pauses flagship $1 billion investment in Turkey Chinese EV giant BYD has suspended work on its planned manufacturing plant in Turkey while prioritizing production elsewhere in Europe. The project had been hailed by Ankara as a major step toward turning Turkey into a regional hub for electric vehicle production. 4️⃣ U.S. moves to dismiss Halkbank case The U.S. Department of Justice formally requested the dismissal of its long-running criminal case against state-owned Halkbank, following a settlement reached earlier this year. The move removes a major source of tension in U.S.-Turkey relations and sent Halkbank shares sharply higher. 5️⃣ Turkey and Saudi Arabia plan railway linking Gulf to Mediterranean Turkey and Saudi Arabia are aiming to build a railway connecting the two countries through Jordan and Syria within the next three to four years. Turkish officials say the project could later expand to include other Gulf states and help reduce reliance on vulnerable maritime routes. 6️⃣ Erdoğan warns Israel is destabilizing the Mediterranean President Recep Tayyip Erdoğan said Israel’s actions threaten not only Turkey but the wider Mediterranean region. He accused Israel of pursuing policies that fuel instability and warned regional actors against aligning themselves with what he described as Israel’s provocations. 7️⃣ Erdoğan lashes out at France-Cyprus defense agreement Erdoğan sharply criticized a new defense agreement between France and Cyprus that expands French military access to the island. He warned that Turkey would respond forcefully to any move that threatens the rights of Turkey or Turkish Cypriots in the Eastern Mediterranean.

Trump and Epstein - The Movie