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NEWS
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>Village Women<
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From Hurriyet: Women in Manavgat's
Sirtkoy village which suffers from water shortage have started an
interesting boycott against their husbands who failed to bring
running water to the village. The women decided not to have sex with their
husbands until the men bring a solution to the problem. ''Our husbands should
first prove their manhood by bringing water to the village. Only then we'll open
our beds to them. I'm fed up with bringing water from the fountain in the
village square since my childhood,'' one woman said. The women in Sirtkoy
are determined not to let their husbands sleep in the same bed with them until
they have running water in their houses.
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>Dolar Increases<
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From Hurriyet: U.S. dollar increased with the
demands of import and export companies. Central
Bank sold one U.S. dollar at one million 400,000
TL while the closing price was one million 415,000 TL at
Istanbul free market. The stock exchange dropped 324 points with a trade volume
of 148 trillion TL and closed at 9,075 points.
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>Head<
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From Hurriyet: Business Week magazine which
praised Turkey's new economic program and State Minister
Kemal Dervis
in a recent article, wrote that Turkey had entered a new era and
it broke the chain of financing its budget deficits by domestic debts with high
interest rates. ''Through Dervis's efforts, Turkey
made legal revisions in 15 fields which include banking, natural gas and sugar
production. The program started giving its fruits five months after it began.
The inflation rate which was 16 percent in May
dropped to three percent last month,'' the magazine wrote.
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>Enis Oksuz<
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From Hurriyet: Resignation of Transportation
Minister Enis Oksuz relieved the markets. U.S.
dollar reduced 8 percent to 1 million 370
thousand Turkish liras. The stock exchange index rose 4.8
percent. Bond interest rates decreased 8 points. However, the
statement released following the leaders' summit meeting did not satisfy the
market.
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>G-8 To Discuss Argentina and Turkey<
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From Hurriyet: Crisis in Turkish
and Argentine economies became an issue on the agenda of the G-8
summit meeting which will start in Genova, Italy
tomorrow. At the summit meeting, the fragility of the Turkish and Argentine
economies will be discussed.
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>Carlsberg in Turkey<
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From Hurriyet: Danish Carlsberg Breweries which
gained 50.01 majority shares by
purchasing 47.77 percent of Turk
Tuborg shares for 60 million U.S. dollars put its Carlsberg
beer on the Turkish market. The company targets to get a 5 percent share in the
market. Turk Tuborg-Carlsberg CEO Ercument Berilgen said that 340 thousand
bottles of Carlsberg were sold in two
days
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