March 4, 2015

Yemeni authorities praise Turkish schools for persevering during hard times

Yemen's Education Ministry and scores of high-ranking officials and academics have expressed gratitude for Turkish educators and schools that have continued to offer educational services during difficult times in Yemen.

Fethullah Gülen extends condolences over death of Turkish literary giant

Turkish Islamic scholar Fethullah Gülen has extended his condolences to the family and fans of Yaşar Kemal, one of Turkey's greatest writers, whose works were translated into 40 languages.

EP vice president says "parallel state" a conspiracy theory for many

The vice president of the European Parliament (EP) has said that the theory of a "parallel state," which has been forcefully endorsed by the Justice and Development Party (AK Party) government in the wake of corruption charges, is considered by many in Brussels to be a conspiracy theory.

Asya shares partially seized as S&P warns of risks

Turkey's banking watchdog, the Banking Regulation and Supervision Agency (BDDK), said on Wednesday regulators had taken control of a small stake in Turkey's largest Islamic lender Bank Asya over what it described as an illegal share transaction.

S&P underlines Bank Asya takeover harbors potential political risks

Ratings agency Standard and Poor's said on Wednesday incidents surrounding Turkey's Bank Asya, which ended in its management takeover by regulators in early 2015, showed the potential for political risks to spill over into the financial system.