Court appoints supervisory trustee to Red Star Havacılık

Üretici yerine şirketler kazandı: Hasat sezonu hüsranla kapandı — Photo: BirGün

Economy 1 source 2 updates 19 Sept, 05:48

BirGün: Harvest season ended in losses for farmers, support payments below inflation

According to BirGün's report, producers suffered losses on many products from sunflower to hazelnut due to purchase prices and input costs; the newspaper reported that the state debt arising from the gap between the support envisaged in the Agriculture Law and the support actually paid amounted to approximately 2 trillion lira.

State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign

For now only the opposition press is reporting this

BirGün Official Gazette Türkiye

Vakfın yaman çelişkisi: Fetvada başka gerçekte başka — Photo: BirGün

Economy 1 source 19 Sept, 05:48

Religious Affairs Foundation's 2.12 billion lira stake in investment fund becomes subject of controversy

BirGün reported that following the Capital Markets Board (SPK)'s decision to disclose investors holding large shares in investment funds, the Turkey Religious Affairs Foundation's stake in a participation money market fund was 2.12 billion lira; the report referenced the Supreme Council of Religious Affairs' 2022 zakat fatwa.

State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign

For now only the opposition press is reporting this

Turkey Religious Affairs Foundation Capital Markets Board Supreme Council of Religious Affairs BirGün

Economy 1 source 19 Sept, 05:05

Zafer Airport reached 6% of its guaranteed passenger figure in August

According to a report by BirGün, Zafer Airport, which has a monthly average guarantee of 109,811 passengers, was used by only 6,551 passengers in August. According to the report, the guarantee payment to be made from the Treasury to the operating company is estimated to exceed 3 million euros.

State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign

For now only the opposition press is reporting this

Zafer Airport Treasury AKP BirGün

SPK 131 fonun tasfiye yöntemini açıkladı: Tera fonları İş Bankası’na, diğer altı şirketin fonları Ziraat’e - Serbestiyet — Photo: Serbestiyet

Economy World press 41 sources 19 Sept, 05:05

Capital Markets Board (SPK) assigns İş Bankası and Ziraat Bankası for liquidation of 130 funds

Assets of 130 funds belonging to seven portfolio management companies will be converted to cash, with the process to be completed within three months at most. Treasury and Finance Minister Mehmet Şimşek said, "There is no structural problem in the stock market or the fund market."

State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign

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Where reports differ

State media According to a statement reported by TRT Haber, Şimşek said the problem was limited to a small number of free funds stemming from credit and liquidity issues, that 131 out of 2,038 funds were affected, and that there was no systemic risk.

Opposition press Artı Gerçek wrote that the funds subject to the liquidation decision belong to approximately 550,000 investors and have a total size calculated at around $17 billion (826 billion lira).

Capital Markets Board (SPK) Mehmet Şimşek İş Bankası Ziraat Bankası Tera Portföy Yönetimi TEFAS

Month	y/y	m/m
Sept 2025	33.29% y/y	3.23% m/m
Oct 2025	32.87% y/y	2.55% m/m
Nov 2025	31.07% y/y	0.87% m/m
Dec 2025	30.89% y/y	0.89% m/m
Jan 2026	30.65% y/y	4.84% m/m
Feb 2026	31.53% y/y	2.96% m/m
Mar 2026	30.87% y/y	1.94% m/m
Apr 2026	32.37% y/y	4.18% m/m
May 2026	32.61% y/y	1.71% m/m
Jun 2026	32.11% y/y	0.99% m/m
Jul 2026	31.75% y/y	1.78% m/m
Aug 2026	31.51% y/y	1.84% m/m

Court appoints supervisory trustee to Red Star Havacılık

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Court appoints supervisory trustee to Red Star Havacılık

News sources 1 source

Who is in this story

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Then and now 1 USD in lira