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Fethiye Times News – Week Ending 27th November 2022

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Fethiye Times - LOVE-FETHIYE

Welcome to our pick of last week’s news from Fethiye and around Türkiye.

Curated from various news sources.

NEWS

Truck Collides with Minibus in Muğla: 22 Injured

22 people were injured in an accident when a pickup truck and a minibus collided in the Menteşe district of Muğla.

112 Emergency service were dispatched to the scene where 22 passengers were found to be injured.

Two of the injured had broken legs and a further 20 people were treated as outpatients.

According to preliminary findings, the pickup truck collided head-on with the minibus. A full investigation is being carried out by Gendarmerie traffic teams.

Source: https://www.gercekfethiye.com/mugla-da-kamyonet-minibusle-carpisti-22-yarali/52257/

“Please Let’s Keep Our Environment Clean”

Fethiye Municipality Cleaning Works Directorate cleaning works continue in the 41 neighborhoods of Fethiye.

The team carried out cleaning work with resident foreign citizens living in Fethiye in the Lovers Hill area.

Their clear message is:

“Please Let’s Keep Our Environment Clean”

The Fethiye Municipality Cleaning Works Directorate can be contaced on 0090 252 6142350.

Source: Fethiye Belediyesi Temizlik İşleri Müdürlüğü

Retailers may face harsher punishments

Supermarket chains may face some harsher punishments and new regulations may be introduced in the industry as authorities are scrutinizing their prices and other practices.

After President Recep Tayyip Erdoğan earlier this week said that fines do not appear to be enough, now all eyes are on possible measures to be taken in the retail industry.

“We have taken necessary steps following the inspections and will do so. Some other measures may be needed,” Erdoğan said.

Steps to be taken other than fines could be discussed at the next cabinet meeting, he added.

Last week, the Trade Ministry imposed fines on 21 supermarket chains and companies amounting to 9.4 million Turkish Liras over exorbitant prices they charge and engaging in stockpiling.

Sources told daily Milliyet that new steps may include setting up new criteria to launching new supermarkets, reducing the number of supermarket chains and even a penalty to close them.

The Trade Ministry is currently working on those possible measures, which could be discussed at next week’s cabinet meeting.

Senior officials from the ruling Justice and Development Party (AKP) told the daily that to date 200,000 inspections were carried out on supermarkets and fines amounting to 2.8 billion Turkish Liras were imposed on six supermarket chains.

Officials, however, noted that despite those inspections, prices have remained elevated, that’s why alternative measures are being considered.

Source: https://www.hurriyetdailynews.com/retailers-may-face-harsher-punishments-178787

Turkish central bank cuts rates again despite high inflation

Türkiye’s central bank has delivered another large interest rate cut despite inflation running at more than 85%

Türkiye’s central bank delivered another outsized interest rate cut Thursday despite inflation running at more than 85% and other countries moving the opposite way to ease the pain of soaring prices.

The central bank said its Monetary Policy Committee decided to lower the benchmark policy rate by 1.5 percentage points to 9%, following a series of similar jumbo cuts. 

The move is in line with President Recep Tayyip Erdoğan’s unorthodox economic views that high borrowing costs cause high inflation, even though traditional economic thinking says raising interest rates help tame inflation. 

Erdoğan had called for a single-digit interest rate by the end of the year. He is counting on lower borrowing costs to propel the economy as Türkiye gears up for presidential and parliamentary elections next June.

The bank had similarly cut borrowing costs by 1.5 points last month and by 1 point each in August and September. The Monetary Policy Committee announced, however, that the easing cycle would now come to a halt.

Inflation hit a raging 85.51% in October, according to official statistics, making even basic necessities unaffordable for many. Independent researchers estimated, however, that actual price increases are much higher than the official figures.

Source: https://abcnews.go.com/Business/wireStory/turkish-central-bank-cuts-rates-despite-high-inflation-93912038

SPORT

World Champion Kubilay Alcu brings the championship belt home to Fethiye

World Light Heavyweight Boxing Champion Kubilay Alcu returned to his hometown of Fethiye with the world championship belt on Friday.

Alcu, who competed in the World Championship Boxing Match held in Baku, the capital of Azerbaijan, defeated his opponent with a technical knockout in the 7th round to win the title.

Alcu, who was driven into the city in convoy, was given an unforgettable welcome by the people of Fethiye.

Praising the boxer from Fethiye, Fethiye District Governor Alper Balcı said, “I would like to thank Kubilay Alcu, the pride of Fethiye. I would like to thank all my friends who sponsored him. He waved the Turkish flag in Europe. I am grateful to him.” 

Source: https://www.gercekfethiye.com/alcu-ya-unutulmaz-karsilama/52245/

Fethiyespor

Thank you to Brian Lloyd for the Fethiyespor update.

Fethiyespor signs agreement with new coach

Fethiyespor has signed an agreement with new Coach Erhan Altın and his team of assistants for 1.5 years. The agreement was officially signed at the press conference held in the Fethiyespor management building.  

Born on August 28, 1956, Erhan Altın is 66 years old. He left his previous position at Van Spor Football Club on April 25, 2022. He worked as a coach in clubs such as Göztepe, Alanya and Kocaeli and accumulated 207 points in all matches throughout his coaching life, with an average score of 1.46 per match. His football field formation is generally 4-2-3-1. 

Source: https://www.gercekfethiye.com/fethiyespor-da-imzalar-atildi/52171/

Match results

Fethiyespor won their home match against Pazarspor on Sunday. The final score was 1-0.

Fethiyespor moves up to 11th place on the league table with 16 matches played.

League Matches

Sunday 4th December at home against Kirklarelispor. Please note the change to the kick-off time which is at 13:00. 

For more information about Fethiyespor please visit:

www. fethiyespor.org

Join the Fethiyespor Yabancilar group on Facebook for more news and updates

You can also follow Fethiyespor on Twitter and Instagram

Turkish Lira (TL) exchange rates

The British Pound bought 22.51 TL by the close of business on Friday. The week before it was selling for 22.14 TL.

The US Dollar bought 18.61 TL by the close of business on Friday. The week before it was selling for 18.62 TL.

The Euro bought 19.38 TL by the close of business on Friday. The week before it was selling for 19.26 TL.

Source: exchangerates.org.uk

Weather Forecast

Here’s your weather forecast for the week ahead.

Source: Living Earth

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The post Fethiye Times News – Week Ending 27th November 2022 appeared first on Fethiye Times.


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