Şahap Kavcıoğlu
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Şahap Kavcıoğlu
Şahap Kavcıoğlu (born 23 May 1967) is a Turkish banker and politician. He was a Member of the Grand National Assembly of Turkey for the Justice and Development Party (AKP) and was the Governor of the Central Bank of the Republic of Turkey from 2021 to 2023. He is also a contributor to the newspaper ''Yeni Safak'' and is described as a supporter of the economic policies of Recep Tayyip Erdoğan. Education He graduated in economics at the Dokuz Eylül University and followed up on his studies at the Istanbul University obtaining a degree as an Audit Specialist. He studied Business Administration at Hasting's College in England. In 2003, he earned a Ph.D from the Banking and Insurance Institute of the Marmara University. Professional career Beginning in 1991, he served during nine years in several positions as well as an Assistant General Manager at Esbank. According to his LinkedIn page, from 2003 onwards Kavcıoğlu served as a regional coordinator for two years and a ...
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Grand National Assembly Of Turkey
The Grand National Assembly of Turkey ( ), usually referred to simply as the GNAT or TBMM, also referred to as , in Turkish, is the Unicameralism, unicameral Turkey, Turkish legislature. It is the sole body given the legislative prerogatives by the Constitution of Turkey, Turkish Constitution. It was founded in Ankara on 23 April 1920 amid the Turkish War of Independence, National Campaign. This constitution had founded its pre-government known as 1st cabinet of the Executive Ministers of Turkey, 1st Executive Ministers of Turkey (Commitment Deputy Committee) in May 1920. The parliament was fundamental in the efforts of ''Mareşal (Turkey), Mareşal'' Mustafa Kemal Atatürk, 1st President of the Republic of Turkey, and his colleagues to found a new government out of the remnants of the Ottoman Empire. Composition There are 600 members of parliament (deputies) who are elected for a five-year term by the D'Hondt method, a party-list proportional representation system, from 87 el ...
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Mehmet ÅžimÅŸek
Mehmet ÅžimÅŸek (born 1 January 1967) is a Turkish politician and economist, who has been serving as the List of Finance Ministers of Turkey, Minister of Treasury and Finance since 4 June 2023. He was the Deputy Prime Minister of Turkey from 24 November 2015 until the office's abolition on 9 July 2018. He previously served as the minister of finance from 2009 to 2015, in the cabinets of Prime Ministers of Recep Tayyip ErdoÄŸan and Ahmet DavutoÄŸlu. As a member of the Justice and Development Party (Turkey), Justice and Development Party, he was elected as a Member of Parliament#Turkey, Member of Parliament for Gaziantep (electoral district), Gaziantep in the 2007 Turkish general election, 2007 general election and for Batman (electoral district), Batman in the 2011 Turkish general election, 2011 general election. In Prime Minister ErdoÄŸan's Cabinet ErdoÄŸan II, second cabinet (2007-2011), ÅžimÅŸek became a minister of state responsible for the Economy of Turkey, economy upon his ...
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2023 Turkish Presidential Election
Turkish presidential elections, Presidential elections were held in Turkey in May 2023, alongside 2023 Turkish parliamentary election, parliamentary elections, to elect a President of Turkey, president for a term of five years. Dubbed the most important election of 2023, the presidential election went to a Two-round system, run-off for the first time in Turkish history. The election had originally been scheduled to take place on 18 June, but the government moved them forward by a month to avoid coinciding with the university exams, the Hajj, Hajj pilgrimage and the start of the summer vacation, summer holidays. It is estimated that a total of 64 million voters had the right to cast their votes in elections, 60.9 million in Turkey and 3.2 million abroad. Incumbent president Recep Tayyip ErdoÄŸan of the Justice and Development Party (Turkey), Justice and Development Party (AK Party) ran for re-election as the joint candidate of the People's Alliance (Turkey), Peopl ...
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Handelsblatt
The ''Handelsblatt'' (literally "commerce paper" in English) is a German-language business newspaper published in Düsseldorf by Handelsblatt Media Group, formerly known as Verlagsgruppe Handelsblatt. History and profile ''Handelsblatt'' was established in 1946 by journalist Herbert Gross, but after some months Friedrich Vogel (1902–1976) became publisher. In 1969, Georg von Holtzbrinck became partner of Friedrich Vogel. Since 2021, its editor-in-chief is Sebastian Matthes. Its publisher, Handelsblatt Media Group, also publishes the weekly business magazine ''Wirtschaftswoche'' of which the editor-in-chief is Beat Balzli. ''Handelsblatt'' headquarters are in Düsseldorf. Since September 2005 ''Handelsblatt'' has been offering an online lexicon called ''WirtschaftsWiki'' which features definitions of terms used in economics and politics. The database can be modified by any registered user. In September 2006 ''Handelsblatt'' ranked all economists working in Germany, Austria ...
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Dollar
Dollar is the name of more than 25 currencies. The United States dollar, named after the international currency known as the Spanish dollar, was established in 1792 and is the first so named that still survives. Others include the Australian dollar, Brunei dollar, Canadian dollar, Eastern Caribbean dollar, Hong Kong dollar, Jamaican dollar, Liberian dollar, Namibian dollar, New Taiwan dollar, New Zealand dollar, Singapore dollar, Trinidad and Tobago Dollar, and several others. The symbol for most of those currencies is the dollar sign $; the same symbol is used by many countries using peso currencies. The name "dollar" originates from the "thaler" which was the name of a 29 g silver coin called the Joachimsthaler minted in Lands of the Bohemian Crown, Bohemia, the western part of Czech Kingdom (now the Czech Republic). The word itself comes from the word ''thal'', German for valley. Economies that use a "dollar" Other countries that use the "United States dollar" Other t ...
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CNBC
CNBC is an American List of business news channels, business news channel owned by the NBCUniversal News Group, a unit of Comcast's NBCUniversal. The network broadcasts live business news and analysis programming during the morning, Daytime television in the United States, daytime trading day, and early-evening hours, with the remaining hours (such as weekday prime time and weekends) are filled by business-related Television documentary, documentaries and reality television programming, as well as occasional NBC Sports presentations. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and podcast content, as well as subscription-based services. CNBC's headquarters and main studios are located in Englewood Cliffs, New Jersey, while it also maintains a studio at the Nasdaq MarketSite in Times Square, New York City. CNBC was originally founded in April 1989 as the Consumer News and Business Channel, a joint venture between NBC ...
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Tagesschau (German TV Series)
''Tagesschau'' (, ) is a German national and international television news service produced by the editorial staff of ARD-aktuell on behalf of the German public-service television network ARD. The main edition of the programme is aired at 20:00 (08:00 pm) on Das Erste. It is also simulcast on several ARD-affiliated networks, including NDR Fernsehen, RBB Fernsehen, SWR Fernsehen, WDR Fernsehen, hr-fernsehen, 3sat, Phoenix, and ARD-alpha. It also broadcasts for most of the day on Tagesschau24. Recorded ''Tagesschau'' newscasts can also be seen via YouTube internationally. The programme provides a website, ''tagesschau.de'', managed by ARD. History On 25 July 1988, ''Tagesschau'' was on the brink of being cancelled due to a warning strike organized by the broadcasting union RFFU. This blackout would have been for the first (and only) time in its history, but the '' Rundschau'' from Bavaria, produced by ''Bayerisches Fernsehen'' (Bavarian Television) in Munich, helped ou ...
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Turkish Lira
The lira (; Currency sign, sign: Turkish lira sign, ₺; ISO 4217, ISO 4217 code: TRY; abbreviation: TL) is the official currency of Turkey. It is also legal tender in the ''de facto'' state of the Turkish Republic of Northern Cyprus. One lira is divided into one hundred ''kuruş''. The current lira is the Second Turkish lira, having succeeded the first Turkish lira in 2005 which in turn succeeded the Ottoman lira in 1923. Since 2018 the Turkish lira has been in crisis, having plummeted in value following Turkish president Recep Tayyip Erdoğan, Erdogan's economic and political policies. History Ottoman lira (1844–1923) The lira, along with the lira, related currencies of Europe and the Middle East, has its roots in the Ancient Rome, ancient Roman unit of weight known as the Libra (weight), libra which referred to the Troy weight, Troy pound of silver. The Roman libra adoption of the currency spread it throughout Europe and the Near East, where it continued to be used into ...
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Nikkei Asia
''Nikkei Asia'', known as ''Nikkei Asian Review'' between 2013 and 2020, is a major Japan-based English-language weekly news magazine focused on the Asian continent, although it also covers broader international developments. It is headquartered in Tokyo, Japan and was originally launched in 2013. Ownership ''Nikkei Asia'' is owned by Nikkei, Inc., Japan’s largest financial news group and the publisher of the country’s leading business daily, The Nikkei. In July 2015, Nikkei, Inc. acquired the London-based Financial Times from Pearson PLC for £844 million, marking a significant expansion of its international media portfolio. Since the acquisition, editorial collaboration between Nikkei Asia and the Financial Times has deepened, including content sharing, joint reporting on major regional developments, and cross-posting of selected articles. Journalists from the Financial Times are occasionally seconded to Nikkei Asia as part of staff exchange programs aimed at promoting ...
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Frankfurter Allgemeine
The (; ''FAZ''; "Frankfurt General Newspaper") is a German newspaper founded in 1949. It is published daily in Frankfurt and is considered a newspaper of record for Germany. Its Sunday edition is the ''Frankfurter Allgemeine Sonntagszeitung'' (; ''FAS''). The paper runs its own network of correspondents. Its editorial policy is not determined by a single editor, but cooperatively by four editors. History The first edition of the ''FAZ'' appeared on 1 November 1949; its founding editors were Hans Baumgarten, Erich Dombrowski, Karl Korn, Paul Sethe and Erich Welter. Welter acted as editor until 1980. Some editors had worked for the moderate '' Frankfurter Zeitung'', which had been banned in 1943. However, in their first issue, the ''FAZ'' editorial expressly refuted the notion of being the earlier paper's successor, or of continuing its legacy: Until 30 September 1950, the ''FAZ'' was printed in Mainz. Traditionally, many of the headlines in the ''FAZ'' were styled in bl ...
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Halkbank
Halkbank () is a Turkish bank, first incorporated in 1933 as a Public bank, state-owned bank. After growing throughout much of the twentieth century, it began absorbing smaller-sized state banks around the turn of the millennium. Halkbank is now a publicly traded company, although the majority stakeholder remains the Turkish government. Halkbank is a bank that offers vehicle loans, housing loans, consumer loans and commercial loans. A number of scandals and controversies involving the bank emerged in the 2010s, some of which culminated in arrests of its executives. History Halkbank was incorporated in 1933 and began offering services in 1938. Between 1938 and 1950, it was a credit union whose purpose was to provide tradesmen and artisans loans on favourable terms to promote economic growth in Turkey. In 1950, it began opening branches and granting loans to customers. In 1964, Halkbank embarked upon an ambitious program in which its capital was increased and established a nation ...
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