News Summaries from Last Week - October 26th

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News Summaries from Last Week - October 26th
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Turkey's President Erdogan's African tour
President Recep Tayyip Erdoğan made a tour of Africa. He visited the Central African country Angola and the West African country Togo and Nigeria.

Turkey's share in world exports exceeded 1%
Turkey's share in world exports peaked at over 1%. Turkey has increased its exports more than six times in the last 20 years.

Central Bank cuts interest rates
The Monetary Policy Committee of the Central Bank decided to lower the policy rate after the meeting. The policy rate was reduced by 200 basis points to 16 percent. After this decision of the central bank, the dollar rate reached 9.78 Turkish Liras and the EURO rate reached 11.39 Turkish Liras.

The number of people who survived Corona Virus worldwide has exceeded 220 million
The number of people who caught and recovered from the Corona virus worldwide was 220 million 118 thousand 718.

'World's longest full shutdown's ends in Melbourne
The Australian city of Melbourne broke a world record by staying in total closure for 263 days against the coronavirus pandemic. The coronavirus measures, which lasted for 263 days, ended on October 22.

Turkey is on the "grey list"
The Financial Action Task Force put Turkey on the gray list for not showing it "sufficiently" in the fight against money laundering and terrorist financing.

The "10 ambassadors" crises
The ambassador of 10 states, including America, Germany and France, called for the release of businessman Osman Kavala, who has been imprisoned for 4 years.

President Recep Tayyip Erdoğan announced that ambassadors who call for Kavala's release will be declared persona non grata. After President Erdoğan's statement, the ambassadors of 10 countries confirmed that they would abide by the Vienna Convention.

President Erdoğan said that after the ambassadors announced the Vienna Convention, the slander against Turkey was reversed and he believed that the ambassadors would be more careful.

Latest situation of Turkish teams in UEFA Champions League and UEFA Europa League
Beşiktaş lost in the third week of UEFA Champions League Group C. Beşiktaş lost 4-1 to Portuguese team Sporting Lisbon, which they hosted in their own field.

Fenerbahce faced Antwerp in the third match of the UEFA Europa League. The match ended in a draw.

Galatasaray defeated Lokomotiv Moscow 1-0 in the 3rd week of UEFA Europa League Group E.


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