Monday, May 20 2024 | Time 18:55 Hrs(IST)

Turkish Prez's admin denies claims economic outlook grim for next 1.5 yrs

Ankara, Mar 28 (UNI) Turkish President Recep Tayyip Erdogan's administration has denied social media claims that a long, tough period lies before the country's economy for a year and a half, accusing those who disseminate this disinformation and stoking panic ahead of the municipal elections slated for Sunday.
Last week, the Turkish central bank raised the base rate by 500 basis points to 50 per cent, in a surprise to the market, which had expected the rate to remain unchanged or rise by 250 basis points.
"The claim by some social media users that 'Minister Simsek said, 'We are in for a very difficult process that will last 1.5 years'' is not true. Treasury and Finance Minister Mehmet Simsek has not used such an expression in any of his recent statements. Reports claiming that this is a 'statement by Minister Simsek' are disinformation," according to a statement from the Centre for Countering Disinformation of the Turkish presidency's Directorate of Communications to Sputnik.
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20 IS suspects detained in western Turkey

20 May 2024 | 6:21 PM

Ankara, May 20 (UNI) Turkish police detained on Monday 20 suspected members of the Islamic State (IS) in a large operation in Turkey's western province of Izmir, local media reported.

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Iranian President Raisi, FM Amir-Abdollahian killed in chopper crash; Iran declares 5 days' mourning

Iranian President Raisi, FM Amir-Abdollahian killed in chopper crash; Iran declares 5 days' mourning

20 May 2024 | 6:15 PM

Tehran, May 20 (UNI) Iranian President Ebrahim Raisi and Foreign Minister Hossein Amir-Abdollahian along with some other senior Iranian officials have died in a helicopter crash in northwestern Iran, Iranian authorities confirmed on Monday after overnight searches located the wreckage of the missing crashed chopper in a mountainous area.

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Philippine Senate President Zubiri steps down, Escudero sworn in

20 May 2024 | 5:31 PM

Manila, May 20 (UNI) Philippine Senate President Juan Miguel Zubiri Monday confirmed that he is stepping down. Francis Escudero was sworn in as the new chief of the legislative body.

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Singaporean authority arrests 159 drug offenders

20 May 2024 | 5:22 PM

Singapore, May 20 (UNI) Singapore's Central Narcotics Bureau (CNB) said Monday that it arrested 159 suspected drug offenders, including a 14-year-old student, in an island-wide anti-drug operation from May 6 to 17.

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Bodies of Iranian President Raisi, FM Amir-Abdollahian retrieved from wreckage

20 May 2024 | 4:57 PM

Tehran, May 20 (UNI) The bodies of Iranian President Ebrahim Raisi, Foreign Minister Hossein Amir-Abdollahian and other officials killed in a helicopter crash in northwestern Iran have been retrieved and taken to Tabriz, an official said.

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