Germany spends big to win $11 billion TSMC chip plant

Taiwanese chipmaker TSMC on Tuesday committed 3.5 billion euros ($3.8 billion) to a factory in Germany, its first in Europe, taking advantage of huge state support for the $11 billion plant as the continent seeks to bring supply chains closer to home.

The plant, which will be TSMC’s third o…[Read more]

Germany’s Day of Libraries tries to keep book interest alive

Though 21st century youngsters may be more likely to have cell phones in their hands instead of books, or turn to a YouTube influencer for inspiration rather than to Shakespeare, Germany is keen to preserve local reading culture.

While most of the gadgets teenagers use nowadays have…[Read more]

Moment bridge brought down in controlled explosion in Germany

A motorway bridge was blown up in a controlled explosion near the town of Beselich in Germany.

The 135m (443ft) long Kerkerbachtal bridge collapsed within seconds after explosives placed on its pillars were detonated.

The bridge, built in 1960, was part of the old route now being…[Read more]

Escape to Turkey’s otherworldly landscape

Erosion shaped the incredible landscape of Turkey’s Göreme valley, but thousands of years ago humans took a cue from Mother Nature and began carving an incredible chamber and tunnel complex into the soft rock. Beginning in the fourth century A.D., an urbanized—but underground—cultural landscape was crea…[Read more]

Envoys in Ankara celebrate 100th year of Turkish republic

Ambassadors of several countries in Ankara celebrated the 100th anniversary of the Republic of Türkiye.

Italy’s ambassador, Giorgio Marrapodi, said the Oct. 29 centennial celebrations in Türkiye is a commemoration that fills the entire country with joy, pride, and a sense of ide…[Read more]

Istanbul’s consulate chronicles: Sudhi Choudhary, Consul General of India

Welcome to our exclusive interview series featuring consul generals residing in the vibrant city of Istanbul. From the historical and cultural richness of Istanbul to the diplomatic intricacies they navigate daily, join us as we uncover the fascinating stories and insights…[Read more]

Türkiye ramps up investor diplomacy as economy chief starts Gulf tour

Turkiye’s economy chief along with Turkish officials kicked off Monday the Gulf tour during which he is engaging with investors from the United Arab Emirates (UAE), Qatar and Saudi Arabia to attract foreign capital and bolster the country’s policy overhaul.

Starting with the…[Read more]

Israel is clear about its intentions in Gaza – world leaders cannot plead ignorance of what is coming

If I knew then what I know now. For many of the guilty men and women who plunged Iraq into blood and chaos, this became something of a stock phrase. When, in 2004, the then Tory leader, Michael Howard, was asked if he would still have supported t…[Read more]

Turkey’s president submits bill to ratify Sweden’s Nato membership

Turkey’s president, Recep Tayyip Erdoğan, has removed one of the final hurdles blocking Sweden from joining Nato by submitting a bill approving membership to parliament for ratification.

The move on Monday was in line with a commitment Erdoğan made to Nato at its summit in July…[Read more]

Fushimi Inari Shrine (伏見稲荷大社, Fushimi Inari Taisha) is an important Shinto shrine in southern Kyoto. It is famous for its thousands of vermilion torii gates, which straddle a network of trails behind its main buildings. The trails lead into the wooded forest of the sacred Mount Inari, which stands at 233 meters and belongs to the shrine grou…[Read more]

Kyoto (京都, Kyōto) served as Japan’s capital and the emperor’s residence from 794 until 1868. It is one of the country’s ten largest cities with a population of 1.5 million people and a modern face.

Over the centuries, Kyoto was destroyed by many wars and fires, but due to its exceptional historic value, the city was dropped from the list of targ…[Read more]

Asian shares mostly rise after U.S. stocks wobble as Treasury bond yields veer

TOKYO
Shares mostly rose Tuesday in Asia after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after creeping above 5%.

Benchmarks rose in Tokyo, Sydney, Seoul, Shanghai and Taiwan, but fell in Hong Kong.

Rapidly rising yields in the…[Read more]

IMF projects Japan’s GDP to fall to world’s 4th in 2023 after Germany

WASHINGTON
Japan’s nominal gross domestic product in 2023 is expected to slip from third to fourth in the world on a U.S. dollar basis, to be overtaken by Germany, on the back of the yen’s depreciation, recent International Monetary Fund projections showed.

As the nominal GDP…[Read more]

Japan to extend gasoline, energy subsidies through April

TOKYO
The Japanese government is planning to extend subsidies aimed at curbing gasoline and other fuel prices as well as utility bills from the end of this year to the end of April, a source familiar with the matter said Tuesday.

The government will consider phasing out gasoline subsidies…[Read more]

Evacuation of German nationals from Israel underway

Special flights evacuating German nationals from Israel are underway. Germany has been working with Lufthansa to organize repatriation flights for its citizens. The first evacuation flight landed at Frankfurt Airport on Thursday.

Germany supports Morocco with post-earthquake reconstruction

erlin/Marrakech (d.de)- In Marrakech, Germany’s Development Minister Svenja Schulze has announced an initial reconstruction package for those affected by the earthquake in Morocco. “The earthquake hit one of the country’s poorest regions in the Atlas Mountains. Many people died, while…[Read more]

Development Minister welcomes World Bank reforms

Marrakesh (dpa/d.de) Germany’s Development Minister Svenja Schulze has welcomed reforms to the World Bank which aim to increase investments in climate protection and global health in poorer countries. “It puts the World Bank in the position to deal with current challenges,” said Schulze. “In t…[Read more]

Turkey’s Erdogan calls Israeli siege and bombing of Gaza a ‘massacre’

Turkey’s President Recep Tayyip Erdogan has condemned Israel’s blockade and bombing of the besieged Gaza Strip, calling it a “massacre”.

Speaking to the members of his ruling AK Party in parliament on Wednesday, Erdogan said even war had a “morality” but the flare-up since…[Read more]

Türkiye sends aid to Gaza amid Israeli blockade

Turkiye’s humanitarian aid allocated for residents of Gaza, which suffers from an Israeli blockade and an imminent offensive, is en route to Egypt on Friday. President Recep Tayyip Erdoğan said they were planning assistance to the people of Gaza in the face of the absence of food, fuel and other v…[Read more]