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TURKEY: Foreign Minister Attends Hamas Leader Funeral, Turkey Blocks Instagram

TURKEY
  • Bloomberg report that Turkey’s internet regulator blocked access to Instagram after a senior aide to President Erdogan criticized the social media platform for “censorship” of posts related to Hamas political chief Ismail Haniyeh’s death.
  • Foreign Minister Hakan Fidan will be attending the funeral of Hamas' political leader in Qatar today.
  • The head a Turkish industry group said the desired momentum has not yet been achieved in the disinflation process, but added that there has been an improvement in external balance data, Dunya report. He called for tax reforms.
  • There are no economic releases scheduled for today. July CPI data will cross Monday morning (Est: +61.90% Y/Y; Prior: +71.60%).

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