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Free AccessStaff Turnover at TUIK Continues as Erdogan Replaces Two More Deputy Chiefs
LOCAL NEWS
- Erdogan fires two more deputy chiefs and appoints three new deputy leaders at Turkish statistical institute (TUIK) as managerial changes at the institution continue.
- TUIK has come under fire recently for inconsistencies in inflation and unemployment data, with critics saying it is masking the true gravity of the economic crisis
- Turkish Electricity Transmission company (TEIAS) was included in the country's privatization process in the official gazette on Saturday.
- TEIAS currently owns 71,097km of energy transmission lines & Turkey holds 97,689MW of installed capacity for generation
- Germany's Deutsche Bank says on Saturday that it is yet to receive a request for the $15bn financing for the Kanal Istanbul project from Turkey, despite comments from Erdogan.
- Comes after Erdogan said the CHP were threatening DB over the project
- On Friday Erdogan said Turkey will protect its rights in the East Med and continue to explore for hydrocarbons.
- "whatever our rights are, we will get them. We will continue our oil exploration activities in East Med & Cyprus"
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.