World Bulletin / News Desk
Turkish Prime Minister Recep Tayyip Erdogan said on Monday that Turkey was a model country in regard to economy.
At an opening ceremony in western province of Izmir, Erdogan said that unemployment rate was more than 14 percent earlier, and now the figure decreased to 8 percent.
Erdogan said that when his party came to the power, Turkey's debt to the International Monetary Fund (IMF) was 23.5 billion U.S. dollars, stating that the debt reduced to 1.3 billion USD now.
"We are not holding talks on a stand-by deal with the IMF any more. We are advancing on our path with our own means," he said.
Turkish economy grew by 3.3 percent in the first quarter of 2012 and 2.9 percent in the second quarter of the same year, he said. With these figures, Turkey was a country which caught the highest growth rate together with China among OECD countries, he added.
The U.S. administration designated Charge D'affaires to Ankara to participate the inauguration ceremony of president-elect Erdogan.
Erdogan said he would ask incoming prime minister Ahmet Davutoglu to form a new government on Thursday and a new cabinet of ministers would be announced the following day.
An Egyptian-brokered ceasefire came into effect on Tuesday, bringing 51 days of relentless Israeli attacks to a halt in the blockaded coastal enclave.
Today’s newspapers cover Turkey’s ruling AK party’s congress to elect a new party chairman, and thousands of Turks forming what is hoped to be the world’s largest portrait of Mustafa Kemal Ataturk, founder of the Republic of Turkey.
It is not yet clear who he will be meeting during his stay, but there are believed to be no plans for him to meet Turkish Foreign Minister-turned-Prime Minister Ahmet Davutoglu.
The nation recorded 162,445 medical tourists by the end of the first half of 2014.
At least 100 people are arriving from Iraq each day, many of them smuggled across the border by locals, sometimes paying up to $1,000 per family.
The Chinese Foreign Ministry said it is coordinating with Turkish authorities to find the workers, kidnapped by militants on Monday.
Many Yazidis fleeing from the war in Iraq are also waiting for shelter on the border with Turkey, according to some reports.
The advance of ISIL has alarmed Ankara and its Western allies, forcing them to step up intelligence sharing and tighten security cooperation.
Turkish dailies on Tuesday report on outgoing President Gul's farewell to the public and to his counterparts, and the dam river tragedy in Turkey's southeastern province of Siirt.
The firms were asked to extend their bids until the end of the year, the Defence Undersecretariat said in a statement.
Turkish Union of Bars head Metin Feyzioglu said he will attend a new legal year ceremony and speak, after President-elect Recep Tayyip Erdogan said he would not attend in case of a Feyzioglu address.
Turkish FM Ahmet Davutoglu is to become prime minister after Erdogan is sworn in as president August 28, said Deputy PM Bulent Arinc.
The mission will end in January 2015 and not be renewed after being extended once last year, according to lower house of the Dutch parliament
The authorities are now making efforts to find the missing men.