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ECONOMY
Page 32
Waste Pickers: We Cannot Make Ends Meet Only with Food Aid
Speaking to bianet in the wake of a ban on waste picking in Ankara amid Covid-19 outbreak, Street Waste Collectors’ Association Chair Kahraman says, “If we don’t work, workers of factories will also lose their jobs. We wait for help from the government.”
24 March 2020
Hikmet Adal
Unemployment Increases by Almost a Million in a Year: 4,469,000 People Unemployed
According to the labor force statistics shared by the TurkStat, unemployment has increased by 2.7 percentage points and hit 13.7 percent. The number of unemployed has increased by 932 thousand in a year, reaching 4 million 469 people in 2019.
20 March 2020
Just as Little Economy as We Can Stay Alive
In the upcoming days, we need to urgently discuss how we can bring “solidarity economies” into the present and how individuals, civilian initiatives and municipalities can form a joint structure within this context.
20 March 2020
Ayşe Gül Yılgör
Coronavirus Measures by Turkish Post Office: 'Open the Windows'
A circular letter by the directorate says offices should be ventilated while a union representative says the employees are not provided with disinfectants and not allowed to take a leave of absence.
19 March 2020
Hikmet Adal
Healthcare Workers Clean Ambulances with Laundry Bleach, Reuse Disposable Equipment
An emergency service worker, a doctor and a union chair have told bianet about under what conditions they work amid the coronavirus pandemic.
18 March 2020
Tansu Pişkin
‘Size of Unemployment Fund Can Overcome Covid-19 Crisis, But Planning is Necessary’
Employment Expert Sinan Ok says that the current size of unemployment fund in Turkey is over 130 billion lira, which would suffice to subsidize the unemployment caused by coronavirus outbreak.
18 March 2020
Hikmet Adal
Central Bank Reduces Policy Interest Rate from 10.75 to 9.75 Percent
Central Bank has reduced the policy rate (one-week repo auction rate) from 10.75 to 9.75 percent: “The pandemic disease is closely monitored for its evolving global impact on capital flows, financial conditions, international trade and commodity prices."
17 March 2020
‘Dismissals Should be Banned Throughout Coronavirus Outbreak’
The Confederation of Progressive Trade Unions of Turkey (DİSK) has released a written statement and offered a series of measures to be taken during coronavirus outbreak so that workers suffer the least harm in this period.
17 March 2020
İstanbul Stock Exchange Changes Price Limits Against Extreme Volatility
“Price change triggering circuit breaker” has been reduced from 7.5 and 10 percent to 5 percent in all groups. This change in price limits introduced by Borsa İstanbul aims to reduce the extreme volatility and to limit the losses of individual investors.
13 March 2020
Covid-19: Companies Deduct Quarantine Period From Employees’ Annual Leave
Some social media users have complained that they are forced to use their annual leave due to coronavirus outbreak. “Using the forced leave to lower the company’s costs is not compatible with human rights,” says Prof. Turgut Tarhanlı.
13 March 2020
Hikmet Adal
Youth Unemployment Rate Stood at 25 Percent in December
The TurkStat has released labor force statistics for December 2019.
10 March 2020
Constitutional Court: Workers' Right to Life Violated in Soma Mine Explosion
The top court has concluded the application of the relatives of 11 workers who died in the 2014 explosion, which had claimed a total of 301 lives.
10 March 2020
Artists Discharged from İstanbul City Theaters Back on The Job After Almost 4 Years
Discharged from İstanbul Metropolitan Municipality’s City Theaters 3 years, 7 months ago, artists including Levent Üzümcü have returned to their jobs.
6 March 2020
Annual Inflation Still in Double-Digit Figures in February: 12.37 Percent
The TurkStat has announced the consumer and producer prices indexes for February 2020. Accordingly, consumer inflation has increased by 12.37 percent in comparison with the same month last year.
3 March 2020
Halkbank Agrees to Appear in US Court in Sanctions Case
With its appeal rejected, Turkey’s state-owned Halkbank has agreed to attend the hearings in the lawsuit filed for evading the US sanctions against Iran.
26 February 2020
Central Bank Reduces Interest Rates for the Sixth Time in a Row
Central Bank has reduced the policy rate (one-week repo auction rate) from 11.25 percent to 10.75 percent, which marks the sixth interest rate cut in a row since July 2019.
19 February 2020
Unemployment Rate in November 2019: 13.3 Percent
The TurkStat has announced the Labor Force Statistics for November 2019. Accordingly, while the number of unemployed has reached 4 million 308 thousand people, the unemployment rate is 13.3 percent with 1 percentage point increase.
10 February 2020
112 Workers Lose Their Lives in January
According to the figures shared by the Health and Safety Labor Watch, while 12 of the deceased workers were women, 100 of them were men. Seven immigrant/refugee workers also lost their lives is occupational homicides in January.
10 February 2020
Pegasus Airlines Dismisses Former Fighter Pilot Who Commented on Plane Crash
Pegasus Airlines has dismissed former fighter pilot Bahadır Altan, who said on TV after the plane crash, “Let’s just stop as a country. We are still talking about the 3rd airport, still opening a canal. The country is an accident waiting to happen.”
7 February 2020
‘I Want My Job Back’ Protest Sentenced to 37 Days in Prison
Protesting for her reinstatement in Düzce for over three years now, discharged architect Alev Şahin has been sentenced to 37 days in prison for violating the Governorship’s ban on her sit-in protests.
6 February 2020
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Halkbank Granted Reprieve in US Prosecution Over Iran Sanctions
A court of appeals in Manhattan has granted Turkey’s state-owned Halkbank a temporary stay in Iran sanctions case so that its requests can be heard by a three-judge panel.
4 February 2020
Birleşik Metal-İş Union Agrees with Employers
After the union decided to begin a strike, the Ministry of Labor initiated a new round of negotiations between the union and the employers' association, which resulted in an agreement.
3 February 2020
TurkStat: Annual Inflation is 12.15 Percent
According to the figures shared by the TurkStat for January 2020, consumer inflation has increased by 1.35 percent on a monthly basis and by 12.15 percent on an annual basis. The highest price increase was in eggplant with 81.46 percent.
3 February 2020
2 Miners Trapped Underground in Mine Collapse in Zonguldak
A mine has collapsed in Zonguldak, trapping two miners underground. The mine was reportedly unlicensed and sealed off by the authorities last year.
31 January 2020
Mahir Kılıç Reinstated in His Job: ‘It is a Gain for the Working Class’
Kılıç was on a hunger strike in front of CHP İstanbul Office for 160 days. His request was to be reinstated in his job. As he has been registered in the Social Security Institution (SGK) for his old job, he will end his strike today and start working after his treatment.
30 January 2020
Ayça Söylemez
Ten Thousand Metal Industry Workers to Begin Strike
While the largest workers union has accepted the salary increase offer of the employers, the United Metal Workers' Union has decided for a strike.
30 January 2020
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Turkey Scores Lowest-Ever Points in Corruption Perception Index
Turkey has been one of the three countries that lost the most places since 2013, losing 11 points and 38 places.
23 January 2020
Employers' Union Declares Lockout as 130 Thousand Metal Industry Workers Decide to Go on Strike
Negotiations for a collective labor agreement has been in a deadlock as employers and workers have failed to agree on the salary increase.
22 January 2020
Workers Dismissed from Şok Markets: 'Shift Supervisor Drove his Car into us'
A shift supervisor has driven his car into the workers protesting in front of the warehouse of Şok Markets in Kocaeli since they were dismissed over their union activities.
21 January 2020
Hikmet Adal
‘We Were Dismissed Due to Downsizing, They Hired Others on the Same Day’
Four workers working in the warehouse of Şok Markets in Kocaeli have been dismissed due to their union activities: “We were forced to resign. When we did not, we were dismissed and they hired new people on the same day.”
17 January 2020
Central Bank Reduces Interest Rates for the Fifth Time in a Row
Interest rates have fallen by 1,200 basis points since last year.
16 January 2020
'Ninety-Five Percent of Workers Killed in Occupational Homicides Precarious, Non-Union'
"All these deaths are a result of the measures that are not taken and the controls that are not carried out," Kansu Yıldırım from the İSİG Assembly has said.
14 January 2020
Hikmet Adal
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