Welcome to our pick of last week’s news from Fethiye and around Türkiye.
Curated from various news sources.
NEWS
Turkish Aeronautical Association celebrates 99th anniversary
A wreath laying ceremony was held at the Atatürk Monument on Friday to celebrate the 99th anniversary of the establishment of the Turkish Aeronautical Association.
The Turkish Aeronautical Association is a non-profit organization with the aim of increasing public awareness and participation in aviation related activities and the national body governing air sports in Türkiye. The association was founded with the name Türk Tayyare Cemiyeti (Turkish Aeroplane League) under a directive by Mustafa Kemal Atatürk on February 16, 1925.
During the 1940s, it operated a factory in Ankara producing aircraft of its own design as well as under licence from British manufacturer Miles.
THK has been a member of Fédération Aéronautique Internationale (FAI) since 1929, and is an active participant in international air sports events and championships, including the organization of the 1st World Air Games hosted by THK in 1997.
Sources: Fethiye Belediyesi/Wikipedia
Moment landslide buries goldmine in eastern Türkiye leaving 9 missing
Dramatic dashcam footage showed vehicles reversing to escape a landslide near a gold mine in eastern Türkiye, as mounds of earth slipped down a hill and across a road.
Minister of Energy and Natural Resources, Alparslan Bayraktar, announced on Friday that a rescue operation successfully located three mine workers at one site and assumed six others to be at a different location.
State media said four people were detained as an investigation got underway.
The landslide occurred on Tuesday afternoon in the İliç district of Erzincan province. State broadcaster TRT Haber said the mine’s field manager was among the four people detained.
Gold miner SSR Mining on Tuesday suspended production at the mine after what it described as a “large slip on the heap leach pad”.
The incident sparked a plunge of more than 50% in its Toronto-listed shares.
Reuters was able to verify the location of the video from the landscape and road layout of the area which matched satellite imagery and corroborating video from national TV channels which showed aftermath of the same scene.
Reuters was also able to confirm the date the video was filmed from the date and timestamp seen in the left-hand corner which matched a statement put out by Turkish Energy Ministry.
Source: The Sun/Daily Sabah
Antalya floods cause $9.7 million damage as recovery efforts underway
Antalya Governor Hulusi Şahin announced that damage caused by the flash floods on the night of Feb. 13 in the city amounted to 300 million Turkish Liras ($9.7 million).
Governor Şahin assured that efforts to assess the damage were ongoing, emphasizing the swift resolution of citizens’ financial losses to restore normalcy in Antalya.
Addressing the press at the Disaster Coordination Center at AFAD Provincial Directorate, Şahin provided insights into post-flood operations in the city, recalling that the amount of rain falling within 24 hours on Feb. 13 was equivalent to that typically seen over three months.
Several neighborhoods experienced floods, resulting in one fatality and three injuries.
Governor Şahin detailed the extensive efforts, involving 2,783 personnel, 442 vehicles, 442 water pumps, seven boats, 20 vacuum trucks, and 60 off-road vehicles. The Emergency Call Center received over 3,300 distress calls.
Approximately 2,687 locations were cleared of flood water, with mud removal operations ongoing for residential and commercial properties.
Out of 78 buildings assessed, 54 were undamaged, 15 suffered minor damages, and nine were classified as moderately to severely damaged, rendering them uninhabitable. Şahin reported flooding on nearly 1,948 hectares of farmland, affecting 299 producers and resulting in the loss of livestock and beehives.
The Interior Ministry allocated 20 million liras in emergency aid, with immediate cash assistance provided to affected families and ongoing support from municipalities and social welfare organizations. Future assistance, including KOSGEB support packages and Ministry of Family and Social Services aid, was also planned to aid businesses and individuals affected by the floods.
More than half of Türkiye happy in 2023, new survey reveals
The happiness level for all individuals in Türkiye grew to 52.7% in 2023, a rise of 3 points from the previous year, according to TurkStat’s life satisfaction survey published Friday.
Those who said they were “unhappy” dropped 2.2 points to 13.7%.
Results showed that women are happier than men, with the percentage of happy women increasing to 55.1% from 52.7%, while men who said they are happy hiked to 50.3% from 46.5%.
Married couples were happier than singles, with 56.4% declaring to be happy in 2023 compared to 45.8% of singles.
The happiest age group was 65 and older, whose happiness rate fell from 57.7% in 2022 to 56% in 2023.
The happiness rate for the 18 – 24 age group hiked 6.1 points to 54.0%.
Being healthy was the top source of happiness among respondents, 69.5%, followed by love, success, money and work, respectively.
Most respondents declared the highest satisfaction for public security services with 74.6%, followed by 68.2% for transportation services and 65.4% for health services.
The survey found the cost of living, education and poverty were the most important problems in the country with 33.8%,16.5% and 13.4%, respectively.
It revealed that 67.1% of Turks were hopeful about their future.
The survey measures the overall happiness perception of the individuals and their social values, satisfaction with the main components of life and public services.
Source: https://www.aa.com.tr/en/life/more-than-half-of-turkiye-happy-in-2023-new-survey-reveals/3140120
Türkiye to keep rates steady at 45% as tightening cycle ends: Reuters poll
Türkiye’s central bank is expected to keep its key interest rate steady at 45% next week, after a 250 basis-point hike last month, marking the end of its aggressive tightening cycle, a Reuters poll showed on Friday.
The monetary policy committee meeting on Feb. 22 comes after Fatih Karahan was appointed central bank governor on Feb. 3 after the resignation of Hafize Gaye Erkan, who cited a need to protect her family from what she called a media smear campaign.
All 11 economists surveyed by Reuters agreed that the policy rate (TRINT=ECI), opens new tab will be kept steady this month.
Since June, after President Tayyip Erdoğan prevailed in May elections and initiated a U-turn in economic policy, the central bank has lifted its key rate by 3,650 basis points.
After its latest hike, the bank said it had achieved the policy setting needed to establish disinflation and this rate level will be maintained until there is a significant decline in the underlying trend of monthly inflation.
Presenting the quarterly inflation report last week, Karahan said the bank will maintain a tight policy stance until inflation drops to target, keeping a year-end inflation forecast of 36% despite expectations it might need to rise.
He said another rate hike was not currently needed but it was too early to talk about easing, damping expectations of a quick easing cycle and reinforcing analysts’ views that he will remain hawkish until inflation begins to cool around mid-year.
According to the median forecast of the Reuters poll, the policy rate is expected to be 37.5% at end-2024. Only one of the 10 institutions who responded to this query expected the policy rate to remain at 45% at the end of the year, with the estimates in a 35-45% range.
Türkiye’s inflation rate climbed to an annual 64.9% last month, having risen 6.7% on a monthly basis on the back of some big one-off annual price rises and a 49% minimum wage increase. Market forecasts for end-year inflation are between 40-45%.
SPORT
Fethiyespor
Thank you to Brian Lloyd for the Fethiyespor update.
Match Results
Fethiyespor won their away match against Denizlispor on Sunday. The final score was 0-1
Fethiyespor stays at 12th position on the league table.
League Matches
Sunday 25th February at home against Sarıyer S.K. The kick-off time is at 14:00.
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Turkish Lira (TL) exchange rates
The British Pound bought 38.86 TL by the close of business on Friday. The week before it was selling for 38.73 TL.
The US Dollar bought 30.84 TL by the close of business on Friday. The week before it was selling for 30.67 TL.
The Euro bought 33.23 TL by the close of business on Friday. The week before it was selling for 33.08 TL.
Source: exchangerates.org.uk
Weather Forecast
Here’s your weather forecast for the week ahead.
Source: Living Earth
