Note: This information note has been prepared for Mazars Denge employees by Mazars Denge Marketing & Communication team using the information obtained from international and national press organs and is shared only for informational purposes. Resources: T.C. Cumhurbaşkanlığı Resmi Gazete, Sağlık Bakanlığı, Sözcü Gazetesi, Anadolu Ajansı, Webrazzi, ARTnews, Dünya Gazetesi, Milliyet Gazetesi, Hürriyet Gazetesi, The Guardian, The Sun, Independent, Financial Times, Bloomberg, CNBC, CNN, Forbes, Federal Reserve Bank of New York, Le Monde, Gouvernement, China Daily, Aposta, Teyit.org, Reuters, Interpress, Ekathimerini, Greekreporter
Here is your 15 minutes wrap-up for the highlights from Turkey and all around the World. 1. CORONA CASES IN TURKEY AND IN THE WORLD Turkey •
Minister Koca: We Lost 76 More Citizens o Fahrettin Koca, Health Minister, has declared that 76 more people lost their lives due to the coronavirus in the last 24 hours. While the death toll in Turkey is 725, the number of recently diagnosed cases is 3.892. the total number of cases in the country rose to 34.109 people. (Turkish)
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Dr. Mehmet Ulusoy Passes Away Due to Coronavirus o Istanbul Chamber of Medicine has revealed that Dr. Mehmet Ulusoy, Istanbul Private Meltem Hospital’s microbiologist and a member of the chamber, passed away due to the coronavirus pandemic. (Turkish)
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IBB Scientific Board Gives 8-Artıcle Suggestions Against Covid-19 o The Scientific Board, formed upon invitation of Istanbul Metropolitan Municipality (IBB) in a bid to fight the coronavirus pandemic, has revealed their suggestions. Giving eight suggestions, the Board demands that alternative treatment centers are opened and wide spaces like sports halls are used as isolation units in Istanbul. (Turkish)
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When the Pandemic Ends and Our Lives Go Back To Normal o Prof. Dr. Sinan Adiyaman, Head of the Medical Association of Turkey (TTB) Central Council, says, “We have teams and they say that our lives would go back to normal in at least 9 weeks.” (Turkish)
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Minister Albayrak: Turkey Will Support Workers Taking Unpaid Leave o Turkey announced on Tuesday financial support for employees forced to take unpaid leave amid the novel coronavirus pandemic. "Our citizens who are on unpaid leave, do not worry. We'll provide salary support for them, too," Berat Albayrak, Treasury and Finance Minister, said in a video posted on Twitter. (Turkish)
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Minister Selcuk: 2.300 K More Households Will Receive 1.000 TL o Zehra Zumrut Selcuk, Family, Labour, and Social Services Minister, has declared that more than 2.3 million households will receive 1000 TL for support. (Turkish)
World •
More than 50.000 Corona Positive & 6.000 Deaths in UK; More than 750.000 Applications to Volunteer o The United Kingdom coronavirus death toll rose by 786 to 6,159 people as of 1600 GMT on April 6, the health ministry said on Tuesday. As of 0800 GMT on Tuesday, 213,181 people had been tested of which 55,242 were positive, up from 51,608 on Monday, the Department of Health and Social Care said. (English) o Foreign Secretary Dominic Raab has said he is "confident" Boris Johnson will recover from coronavirus, describing the prime minister as a "fighter". Prime
Note: This information note has been prepared for Mazars Denge employees by Mazars Denge Marketing & Communication team using the information obtained from international and national press organs and is shared only for informational purposes. Resources: T.C. Cumhurbaşkanlığı Resmi Gazete, Sağlık Bakanlığı, Sözcü Gazetesi, Anadolu Ajansı, Webrazzi, ARTnews, Dünya Gazetesi, Milliyet Gazetesi, Hürriyet Gazetesi, The Guardian, The Sun, Independent, Financial Times, Bloomberg, CNBC, CNN, Forbes, Federal Reserve Bank of New York, Le Monde, Gouvernement, China Daily, Aposta, Teyit.org, Reuters, Interpress, Ekathimerini, Greekreporter
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Minister Boris Johnson is "in good spirits" after spending the night in intensive care being treated for coronavirus, No 10 has said. Mr Johnson, 55, was stable overnight, is being given oxygen and is not on a ventilator, a spokesman added. (English) The Queen has sent a message to Boris Johnson‘s family and his pregnant partner Carrie Symonds. The monarch said the couple were in her thoughts and she wished the prime minister a full and speedy recovery, Buckingham Palace said. No 10 added that weekly calls between Mr Johnson and the monarch will not take place while he is receiving treatment in intensive care. Foreign Secretary Dominic Raab, who is deputising for the PM, will not be asked to stepin to brief the monarch on Mr Johnson’s behalf. (English) Dominic Raab to take over prime minister duties after Boris Johnson admitted to intensive care with coronavirus. The foreign secretary will “deputise where necessary”, Downing Street said, hours after insisting the prime minister was still in charge of the crisis despite his poor health. While Mr Johnson remains the prime minister, Mr. Raab will now lead the government’s day-to-day running of the coronavirus response and other matters, Number 10 sources said. (English) People who volunteered to support the NHS in England during the coronavirus crisis are being given details of what tasks they can do to help. More than 750,000 people signed up to join the "volunteer army" - three times the government's original target - to help relieve pressure on the NHS. They will support 2.5 million people who are considered at risk. The volunteers may have to deliver food and medicines, drive patients to appointments and phone the isolated. (English)
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Death Toll in Italy Is Over 17.000 o The number of the novel coronavirus cases around the world exceeded 78 thousand. In Italy, 604 more people lost their lives in the past 24 hours, raising the death toll to 17.127 people. On the other hand, the US lost more than 1300 lives in a single day. The number of deaths in the UK rose by 786 people in the last 24 hours to 6.159 people. The death toll in Spain rose by 739 in a single day and reached 13.798 people. (Turkish)
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Manufacturers of Textile Masks Are Accelerating Production in France o Wearing a mask becomes compulsory in several municipalities. French manufacturers converted to making textile masks run their production workshops to meet demand. (French)
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European Agriculture Is Struggling Due to The Lack Of Seasonal workers. o Due to border closings, hundreds of thousands of seasonal workers from Eastern Europe cannot reach the farms that need them. From Spain to Poland, many crops are at risk. (French)
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Air Liquide Sells Its Hydroalcoholic Gels o The French group announced Tuesday that it has entered into exclusive negotiations with the Swedish fund EQT to sell it the German company Schülke, which produces disinfectant gels. (French)
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Trump Ignored Coronavirus Warnings, New York Had the Deadliest Day o U.S. Centers for Disease Control and Prevention (CDC) on Monday reported 330,891 cases of coronavirus and said the number of deaths had risen to 8,910.
Note: This information note has been prepared for Mazars Denge employees by Mazars Denge Marketing & Communication team using the information obtained from international and national press organs and is shared only for informational purposes. Resources: T.C. Cumhurbaşkanlığı Resmi Gazete, Sağlık Bakanlığı, Sözcü Gazetesi, Anadolu Ajansı, Webrazzi, ARTnews, Dünya Gazetesi, Milliyet Gazetesi, Hürriyet Gazetesi, The Guardian, The Sun, Independent, Financial Times, Bloomberg, CNBC, CNN, Forbes, Federal Reserve Bank of New York, Le Monde, Gouvernement, China Daily, Aposta, Teyit.org, Reuters, Interpress, Ekathimerini, Greekreporter
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Over the weekend, the CDC updated its case count to 304,826 and said 7,616 people had died across the country, but that the numbers were preliminary and had not been confirmed by individual states. (English) New York reported its deadliest day in the coronavirus pandemic, with 731 new deaths in the state to a total of 5,489 fatalities even as Governor Andrew Cuomo said on Tuesday that hospitalizations appeared to be reaching a plateau. The death count for April 6 of 731 marked an increase from the prior day’s 599 new deaths, Cuomo told a daily briefing on the coronavirus. (English) U.S. Vice President Mike Pence plans to brief Congress on the nation’s coronavirus outbreak in conference calls on Wednesday and Thursday, his spokeswoman said. Pence will hold four separate conference calls with House Democrats, House Republicans, Senate Democrats, and Senate Republicans to provide an update and take questions on the coronavirus, spokeswoman Katie Miller said on Tuesday in a Twitter post. (English) Trump's own economic advisor warned him about 2 million dead in February memo president ignored. Peter Navarro send two memos to National Security Council and president's desk asking for billions of dollars and need for hospital supplies. That memo called for an immediate ban on travel from China, reportedly as Mr Navarro sought to ramp up a trade war with the country. (English)
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The Global Economy Just Got A $1 Trillion Infusion from Japan o Japan is committing nearly $1 trillion to try to protect its economy from the fallout from the coronavirus pandemic. Japanese Prime Minister Shinzo Abe on Monday announced a 108 trillion Yen ($989 billion) relief package — a staggering amount equivalent to about 20% of the annual output of the world's third biggest economy. (English)
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Greece Rules Out Easing Curfew and Brings Extensions to Rent Reductions o Greece rules out easing curfew before April 27 as death toll rises to 81 and the number of confirmed cases comes to 1832. (English) o The European Central Bank proceeded with a landmark decision for post-bailout and now coronavirus-battered Greece, announcing that Greek state bonds will now be accepted as collateral for access to liquidity. (English) o With amendment, the Ministry of Finance extends the rent reduction for all affected companies and their employees by 40% for April. For property owners is provided suspension of tax liabilities or discount. (Greek)
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Russian Government Issued Decree on Taxes o The number of coronavirus cases in Russia has risen by 1154 to 7497, in 81 regions. (Russian) o Police uncovered the organization of counterfeiters who managed to print and put into circulation about 1 billion rubles of high quality, in the region of Nizhny Novgorod. (Russian) o The Russian Union of Industrialists and Entrepreneurs (RSPP) suggested additional business support measures regarding taxes and VAT. (Russian) o The Russian Government issued a Decree on Tax deferrals and Insurance Contributions, appliable to all large companies. (Russian)
2. MARKETS
Note: This information note has been prepared for Mazars Denge employees by Mazars Denge Marketing & Communication team using the information obtained from international and national press organs and is shared only for informational purposes. Resources: T.C. Cumhurbaşkanlığı Resmi Gazete, Sağlık Bakanlığı, Sözcü Gazetesi, Anadolu Ajansı, Webrazzi, ARTnews, Dünya Gazetesi, Milliyet Gazetesi, Hürriyet Gazetesi, The Guardian, The Sun, Independent, Financial Times, Bloomberg, CNBC, CNN, Forbes, Federal Reserve Bank of New York, Le Monde, Gouvernement, China Daily, Aposta, Teyit.org, Reuters, Interpress, Ekathimerini, Greekreporter
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Wall Street Gains On Signs Of Coronavirus Slowdown o Wall Street rose on Tuesday as early signs of a slowdown in coronavirus cases in U.S. hot spots raised hopes that sweeping lockdown measures to contain the outbreak were working. (English)
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Jamie Dimon Predicts A 'Major Recession' Is on Its Way o JPMorgan Chase CEO Jamie Dimon used his annual shareholder letter to detail just how bad he thinks the US economy can get from the coronavirus pandemic. Dimon expects a "bad recession," he wrote in the letter released Monday, saying that in the most adverse scenario, gross domestic product could plunge at a 35% annual rate in the second quarter and that a downturn would last through the rest of the year. The unemployment rate would spike as high as 14% in this environment. (English)
3. BUSINESS WORLD •
UK : Petrol Price Nearing £1 A Litre o The cost of petrol in the UK is approaching £1 a litre for the first time since 2016. Some filling stations around the country have even been reported offering petrol at less than £1. The key factor affecting petrol is the wholesale oil market. Oil prices slumped in March after a price war broke out between Saudi Arabia and Russia. (English)
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Estate of Walmart Worker Who Died From COVID-19 Sues for Wrongful Death o The family of a Walmart Inc employee in Illinois who died after contracting COVID-19, the illness caused by the novel coronavirus, has filed a lawsuit accusing the retail giant of failing to adequately screen and protect workers. Walmart store south of Chicago was not properly cleaned and employees were not given masks, gloves, antibacterial wipes or other protective equipment. (English)
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Chinese Government-Guaranteed Credit Support Boosted o China will offer more government-guaranteed financing and credit support to small and micro sized businesses and agricultural and rural entities to tide them over the current tough economic times. The fund will also work with banks' bulk guaranteed loan businesses and is planning to increase reinsurance services by 400 billion yuan ($56.4 billion) this year, the circular said. (English)
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China Launches Special Hiring Activity for College Graduates o The Ministry of Human Resources and Social Security on Tuesday launched a special employment activity for China's job-hunting graduates in 2020. o The activity, which will last until the end of July, is part of the ministry's special online hiring project launched on March 20, offering over 10 million positions for job seekers. (English)
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Layoffs, Closures to Wipe Out 6.7% Of Working Hours Worldwide in Second Quarter o Workplace disruptions caused by the COVID-19 pandemic are expected to wipe out labor equivalent to the effort of 195 million full-time workers, or 6.7% of hours clocked worldwide, in the second quarter of this year, the International Labour Organization (ILO) said on Tuesday. (English)
Note: This information note has been prepared for Mazars Denge employees by Mazars Denge Marketing & Communication team using the information obtained from international and national press organs and is shared only for informational purposes. Resources: T.C. Cumhurbaşkanlığı Resmi Gazete, Sağlık Bakanlığı, Sözcü Gazetesi, Anadolu Ajansı, Webrazzi, ARTnews, Dünya Gazetesi, Milliyet Gazetesi, Hürriyet Gazetesi, The Guardian, The Sun, Independent, Financial Times, Bloomberg, CNBC, CNN, Forbes, Federal Reserve Bank of New York, Le Monde, Gouvernement, China Daily, Aposta, Teyit.org, Reuters, Interpress, Ekathimerini, Greekreporter
4. TECHNOLOGY & STARTUPS •
Covid-19 Effect on Entrepreneurs o Alibaba Group announced that they will be standing by local producers and entrepreneurs who are affected by coronavirus and will not charge for sales commission for 3 months. (Turkish) o 27 start-ups received $ 19.8 M investment in the first quarter in Turkey. 3 new found ready for investment: Revo Capital, ScaleX Ventures and Teknoloji Yatırım (TTGV1 Co-investment Fund). Amazon’s acquisition of Datarow was an important step. (Turkish) o Unique Testing Protocol from Precision Diagnostics Company Unlocks One Million Tests Per Day: The BillionToOne COVID-19 test uses different sets of instruments and chemicals from existing COVID-19 tests, enabling labs to unlock a new set of unused capacity. (English) o This week, the Beijing Institute of Technology deployed a robotic 5G monitoring car on its campus, enabling a remote operator to safely screen visitors from afar, as well as making package deliveries. (English)
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Artificial intelligence, cloud computing and digital tools aren't just about making life more futuristic o In the wake of the novel coronavirus epidemic, technology has taken on some rather charitable causes, expediting the circulation of key goods and streamlining services essential to saving lives and restoring economic activity. A string of Alibaba Group entities, from its cloud-computing unit to a research arm, have launched AI technologies and cloud-based solutions that aim to help companies and organizations worldwide tackle the disease. (English)
5. ARTS & CULTURE •
Pera Museum’s 7 Digital Exhibitions are Ready for Your Visit! o During social isolation, Pera Museum present 7 different digital exhibitions to online visitors. (English)
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40 Different #StayHome Concerts Are Waiting for You on Youtube! o Poll Production’s concerts can be watched on Youtube at 21:15. 40 different musicians will perform for 40 days. (Turkish)
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Connecticut Arts Foundation Mobilises To Help Healthcare Workers as The State Risks Becoming A New Coronavirus 'Hotspot' o As coronavirus (Covid-19) cases spike in Connecticut and the state finds itself at risk of becoming a new "hotspot" for the pandemic, the arts foundation Grace Farms has launched a $2.5m relief fund to help alleviate the shortage of personal protective equipment (PPE) for healthcare workers in the region. (English)
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Opera Star Bocelli to Sing from Empty Duomo in Milan on Easter Sunday o Italian opera singer Andrea Bocelli, one of the world’s most famous tenors, will perform from Milan’s empty Duomo cathedral on Easter Sunday in a livestreamed concert intended as a symbol of love, hope and healing amidst the
Note: This information note has been prepared for Mazars Denge employees by Mazars Denge Marketing & Communication team using the information obtained from international and national press organs and is shared only for informational purposes. Resources: T.C. Cumhurbaşkanlığı Resmi Gazete, Sağlık Bakanlığı, Sözcü Gazetesi, Anadolu Ajansı, Webrazzi, ARTnews, Dünya Gazetesi, Milliyet Gazetesi, Hürriyet Gazetesi, The Guardian, The Sun, Independent, Financial Times, Bloomberg, CNBC, CNN, Forbes, Federal Reserve Bank of New York, Le Monde, Gouvernement, China Daily, Aposta, Teyit.org, Reuters, Interpress, Ekathimerini, Greekreporter
coronavirus pandemic. Bocelli will be accompanied only by the cathedral organist, Emanuele Vianelli, playing one of world’s largest pipe organs and performing a repertoire of sacred works including Pietro Mascagni’s Sancta Maria. (English)
6. SPORTS •
UEFA Explores Financial Rule Changes Due to Pandemic Impact o UEFA is exploring changes to Financial Fair Play rules as clubs grapple with the sudden loss in revenue caused by the coronavirus pandemic abruptly halting competitions across Europe. The cost-control regulations were introduced a decade ago as a response to the global financial crisis caused by the banking collapse in a bid to prevent European clubs accumulating big losses. (English)
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Impact Players to Swap Rackets for Game Controllers as Madrid Open Goes Online o The world’s top tennis players will swap rackets for game controllers this month after organizers of the cancelled Madrid Open said they will stage a virtual competition to raise funds for struggling professionals amid the coronavirus shutdown. (English)
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Athletics: Olympic qualification suspended until December o The governing body of athletics has suspended Olympic qualification until December due to the coronavirus outbreak, which has forced the Tokyo Games to be postponed until 2021, it said on Tuesday. “During this period, results achieved at any competition will not be considered for Tokyo 2020 entry standards or world rankings,” World Athletics said in a statement. (English)
7. REGULATORY UPDATES • Curious About Current Regulation Updates? Follow Our Tax Circulars: o Click the link for our Tax Circulars. (English)
Note: This information note has been prepared for Mazars Denge employees by Mazars Denge Marketing & Communication team using the information obtained from international and national press organs and is shared only for informational purposes. Resources: T.C. Cumhurbaşkanlığı Resmi Gazete, Sağlık Bakanlığı, Sözcü Gazetesi, Anadolu Ajansı, Webrazzi, ARTnews, Dünya Gazetesi, Milliyet Gazetesi, Hürriyet Gazetesi, The Guardian, The Sun, Independent, Financial Times, Bloomberg, CNBC, CNN, Forbes, Federal Reserve Bank of New York, Le Monde, Gouvernement, China Daily, Aposta, Teyit.org, Reuters, Interpress, Ekathimerini, Greekreporter
Note: This information note has been prepared for Mazars Denge employees by Mazars Denge Marketing & Communication team using the information obtained from international and national press organs and is shared only for informational purposes. Resources: T.C. Cumhurbaşkanlığı Resmi Gazete, Sağlık Bakanlığı, Sözcü Gazetesi, Anadolu Ajansı, Webrazzi, ARTnews, Dünya Gazetesi, Milliyet Gazetesi, Hürriyet Gazetesi, The Guardian, The Sun, Independent, Financial Times, Bloomberg, CNBC, CNN, Forbes, Federal Reserve Bank of New York, Le Monde, Gouvernement, China Daily, Aposta, Teyit.org, Reuters, Interpress, Ekathimerini, Greekreporter