Word: turkishly
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...Muslim identity cannot be dismissed. On Monday, the first court session of this trial had to adjourn because of the crush of people in the courtroom as protesters thronged Silivri prison-court. Tensions are high in Turkey, not because of empty political wrangling, but rather because dozens of prominent Turkish men, including former top army officers, face charges for planning alleged attacks and assassinations to destabilize the Turkish state. Government prosecutors have accused the men of comprising the Ergenekon group, a secret network allegedly so sinister it had composed a menu of targets to be eliminated as part...
...deal will be struck, although he vowed that "fiscal discipline remains the cornerstone of our economic program." In the meantime, relations between Erdogan and the business community, never overtly cordial at the best of times, have turned nasty. This month, after the head of the leading business lobby, the Turkish Industrialists' and Businessmen's Association (TÜSIAD), criticized the government for not being sufficiently proactive in the current crisis, Erdogan shot back, accusing her and other critics of talking up the bad news in order to profit from it. "These people are pumping darkness into the nation," Erdogan said...
...about 6,000 people produce almost three times as much - and the plant consumes less energy per ton of steel than many of its rivals around Europe. In August, a new hot strip mill started up, the first fruits of a $3 billion investment program aimed at upgrading Turkish steel production...
...biggest changes is to be found in Bursa, a 90-minute boat ride from Istanbul across the Marmara Sea. Just outside the old town is a sprawling Renault plant that dates back almost four decades. During the first years of its operation, the factory produced small cars for the Turkish domestic market - models that were already at the end of their life in Western Europe. But since 2000, Renault has used the Turkish plant as a significant export hub. It makes Renault's Mégane and Clio cars there for the rest of Europe, and has been upgrading...
...oddities that the Steag plant, the Isdemir steel factory and the Renault plant are either joint ventures with or wholly owned by an organization called OYAK, which is the military's professionally managed pension fund. Unusually for a pension fund, OYAK directly owns and operates major sectors of the Turkish economy, and it has boomed along with Turkey these past six years. Indeed, OYAK is now the third largest business in the nation, behind the conglomerates owned by the Sabanci and Koc families. Its rapidly growing profits this decade have ensured that military officers now get substantial lump sums when...