Close Menu
The Oasis Report
  • Home
  • Analysis
  • Business
  • Economy
  • Finance
  • Investor
  • Market
  • Opinion
  • Saudi Arabia
  • Startups
What's Hot

Mena sovereign bonds rally on Iran-Israel ceasefire hopes

June 24, 2025

The Middle East finds its place on the Concours d’Elegance map

June 24, 2025

Gold at Near 2-week Low after Trump Announces Israel-Iran Ceasefire

June 24, 2025
Facebook X (Twitter) Instagram
Trending
  • Mena sovereign bonds rally on Iran-Israel ceasefire hopes
  • The Middle East finds its place on the Concours d’Elegance map
  • Gold at Near 2-week Low after Trump Announces Israel-Iran Ceasefire
  • Saudi Sovereign Wealth Fund Launches First Global Commercial Paper Program
  • Saudi Arabia’s Non-Oil Industrial Sector Grows 5.3% in 2024
  • Syria public sector pay hikes as global financial ties resume
  • Oil Falls Nearly 4% as Iran’s Retaliation Focuses on Regional US Military Bases
  • Real estate stocks bolster the Dubai market despite conflict
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram
The Oasis ReportThe Oasis Report
Tuesday, June 24
  • Home
  • Analysis
  • Business
  • Economy
  • Finance
  • Investor
  • Market
  • Opinion
  • Saudi Arabia
  • Startups
The Oasis Report
Home » Türkiye Denounces Opposition Calls for a Day of No Shopping 

Türkiye Denounces Opposition Calls for a Day of No Shopping 

adminBy adminApril 2, 2025 Startups No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Türkiye’s government denounced opposition calls for a mass commercial boycott following the arrest of Istanbul Mayor Ekrem Imamoglu that sparked nationwide protests, describing them on Wednesday as an economic “sabotage attempt”.

After the mayor was detained two weeks ago, the main opposition Republican People’s Party (CHP) had called for a boycott of goods and services from companies with perceived ties to President Recep Tayyip Erdogan’s government.

That call widened on Wednesday to include a halt to all shopping for one day, prompting some shops to close in solidarity with those criticizing the arrest as a politicized and anti-democratic attempt to hurt the opposition’s electoral prospects.

Imamoglu is Erdogan’s main political rival and the CHP’s presidential candidate for any future election.

Trade Minister Omer Bolat said boycott calls posed a threat to economic stability and accused those advocating them of seeking to undermine the government.

They “are an attempt to sabotage the economy and include unfair trade and competition elements. We see this as a futile attempt by circles who consider themselves the masters of this country”, Bolat said.

Vice President Cevdet Yilmaz said the calls threatened social harmony and economic stability, and were “doomed to fail”.

Several cabinet ministers and pro-government celebrities, including former Germany and Real Madrid soccer midfielder Mesut Ozil, used the hashtag #BoykotDegilMilliZarar (“Not a Boycott, but National Damage”) to emphasize their stance.

The calls have been led by CHP chairman Ozgur Ozel, who has encouraged the street protests that have swollen to the largest in Türkiye in more than a decade. Erdogan has called the protests “evil” and said they would not last.

Türkiye’s economy has been hit by a years-long cost of living crisis and series of currency crashes, with growth having slowed and inflation still lofty at 39% in February.

On Tuesday prosecutors launched an investigation into those advocating the boycott calls on social and traditional media.

The Istanbul chief prosecutor’s office said it was probing calls that allegedly sought to prevent a segment of the public from engaging in economic activity, citing possible violations of laws against hate speech and inciting public hostility.



Source link

admin
  • Website

Keep Reading

Gold at Near 2-week Low after Trump Announces Israel-Iran Ceasefire

Saudi Sovereign Wealth Fund Launches First Global Commercial Paper Program

Saudi Arabia’s Non-Oil Industrial Sector Grows 5.3% in 2024

Oil Falls Nearly 4% as Iran’s Retaliation Focuses on Regional US Military Bases

EU Needs Rare Earths Strategic Reserves against China Threat

Iran-Israel Tensions Threaten Global Trade, Energy Security

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Mena sovereign bonds rally on Iran-Israel ceasefire hopes

June 24, 2025

Syria public sector pay hikes as global financial ties resume

June 24, 2025

Real estate stocks bolster the Dubai market despite conflict

June 23, 2025

Special report: Sustainable finance in Egypt

June 23, 2025
Latest Posts

Where are investors putting money?

June 18, 2025

Oil prices on track for solid weekly gains as China and U.S. resume trade talks

June 6, 2025

Oil slips on U.S. stockpile build, Saudi Arabia price cuts

June 5, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Welcome to The Oasis Report, your trusted source for the latest news and insights on startups, markets, business, economy, and finance in Saudi Arabia. We are dedicated to providing timely, accurate, and in-depth coverage of the ever-evolving financial and business landscape in the region.

Facebook X (Twitter) Instagram Pinterest YouTube

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

© 2025 theoasisreport. Designed by TeraSolutions.io

Type above and press Enter to search. Press Esc to cancel.