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Q&A: Continued Social Distancing and Hundreds of Millions More in Poverty – A New Normal for the World?

With much of the global economy stalled amid an unprecedented lockdown of nations grappling to contain the COVID-19 pandemic, the author of a new United Nations report on the disease’s impact on poverty told IPS that hundreds of millions more could be pushed into poverty and we can expect to see social unrest. “A lockdown […]

The post Q&A: Continued Social Distancing and Hundreds of Millions More in Poverty – A New Normal for the World? appeared first on Inter Press Service.




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Ensuring Russia’s Sex Workers’ Rights Essential for Wider Gender Equality

Ensuring sex workers’ rights was essential, not just for the workers themselves, but for any country’s wider society, including public health

The post Ensuring Russia’s Sex Workers’ Rights Essential for Wider Gender Equality appeared first on Inter Press Service.




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COVID-19 Deaths Before A Vaccine?

How many COVID-19 deaths will occur before a vaccine becomes available worldwide? As with many seemingly simple questions about an uncertain future, the proper answer to that important query is: “it depends”. The total worldwide number of deaths from COVID-19 before a vaccine, reported to be nearly a quarter-million at the end of April and […]

The post COVID-19 Deaths Before A Vaccine? appeared first on Inter Press Service.




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Turkey's traditional Kırkpınar Oil Wrestling competition kicks off for 657th time

Turkey’s longest-running traditional sports event, Kırkpınar Oil Wrestling competition, has started in the northwestern province of Edirne. The annual event, which is organized for the 657th time this year, attracts thousands of people. Click through for the story in photos...




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Top 9 places in Turkey for vacation in September

Those who have not been able to go on vacation over the summer or those who wish to extend their vacation can check Hürriyet Travel’s list for the best holiday destinations in Turkey in the month of September. Click through for the story in photos...




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Mayor takes action against graffiti on walls of historical city for Christianity

The mayor of the western Turkish town of İznik, which is a key venue in the history of Christianity, has launched a campaign against those who paint the historic city walls with graffiti despite repeated warnings. Click through for the story in photos...




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Music and dance festivals in Turkey: A calendar for 2018-2019

Music and dance lovers can find something interesting for themselves this year, whether they like jazz or rock, latin or folk and whether they go to western or eastern Turkey... Click through for the 2018-2019 calendar for music and dance festivals in Turkey...




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Top 10 sites for camping in Turkey

From the Black Sea region to the serene beauty of the Aegean and the Mediterranean, Turkey offers picturesque camping sites for those seeking a budget-friendly holiday in the wilderness. Click through for our list, prepared by İnci Hazal Özcan, including the best ten camping sites in Turkey that you should know about:




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Thousands have already booked their seats for popular Eastern Express

With the winter approaching, the demand for seats on the Eastern Express, a train service that links the capital Ankara with the eastern province of Kars, has surged again, as the number of tickets sold so far for the winter months reached 10,000. Click through for the story in photos...




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Handwritten 'Hey Jude' lyrics sell for $910,000

A sheet of paper bearing Paul McCartney's handwritten lyrics to "Hey Jude" sold for $910,000 in an online auction held on April 10 to mark the 50th anniversary of the Beatles' historic split.    



  • Arts & Life

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Top 25 Turkish TV series, according to Forbes

Forbes magazine has announced the top 25 highest grossing Turkish TV series of the year. Click through for the full list...




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Most budget-friendly destinations for a fall getaway in Turkey

As the weather gets colder and Mother Nature gently spreads its autumn colors, destinations for fall getaways become more popular among the world’s tourists. Turkey, with its abundant natural heritage, offers budget-friendly and romantic destinations for travelers. Click through for the most affordable holiday stops in Turkey. (Photos: Alamy)




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Turkey bars 3 foreign banks from FX transactions

Turkey has blocked three foreign banks- BNP Paribas, Citibank, and UBS- from doing foreign exchange transactions with the Turkish lira, the nation’s banking watchdog announced on May 7. 




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Some curbs for open marketplaces lifted

Some of the restrictions imposed on open marketplaces as part of the measures to take the spread of the coronavirus outbreak under control have been lifted, the Interior Ministry has announced in a circular sent to 81 provinces across the country.




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Turkey develops new output line for defense industry

Turkey’s new production line, established with the locally-produced machines, came into service for a state-run shell factory on May 8. 




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Red Army Choir performs Ottoman war song amid pandemic

Russia's Red Army Choir shot a video at home playing notes from the Ottoman military band Mehter in support of Turkey's fight with the novel coronavirus.



  • Arts & Life

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One Beşiktaş player and a staff tests positive for coronavirus

One Beşiktaş player and a staff member tested positive for the coronavirus three days after the announcement that the Turkish league will resume next month, the club said on May 9. 




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Russia hails Turkey's efforts in Idlib, Syria

Russia on May 8 marked Turkey's efforts in Syria's Idlib province with an aim to free the key M4 highway from radical groups.




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Ethics becomes a key focus for artificial intelligence adoption

In the last few years, there has been an increasing focus on the need for adequate ethics guidance for the use of artificial intelligence and robots – something we have regularly written and spoken about. For example, in 2017, MEPs from the E...




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EU ETS Participants – Are you prepared for a no deal Brexit?

As participants in the EU ETS will be aware, back in 2017, as part of its planning for Brexit, the UK Government amended the Greenhouse Gas Emissions Trading Scheme Regulations 2012 to require UK operators to surrender allowances in respect of their...




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A guide to the current and proposed foreign investment regimes in the UK, Germany, EU, US and China

In recent years there has been a marked change in attitude towards foreign investment screening. A range of jurisdictions globally have taken steps to strengthen their ability to review and actively intervene in transactions. Most recently, the EU p...




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Challenging IT implementations - a UK reminder about the fundamentals for success

Sanderson Limited v Simtom Food Products Limited [2019] EWHC 442 (TCC) Summary Whatever the sector, IT transformation can deliver superior services, development of dynamic business models, increased customer satisfaction, returns and cost savings. ...




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UK: Electric Vehicle Infrastructure Delivery Plan for London

Last week, the EV Infrastructure Taskforce (EVIT), which brings together experts from Transport for London and Greater London Authority, announced a new plan to deliver electric vehicle infrastructure for London. This follows engagement with various...




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Eversheds Sutherland has advised Doncasters Group on the sale of its UK Fabrications and Blaenavon Forgings businesses

Eversheds Sutherland has advised Doncasters Group on the sale of its UK Fabrications and Blaenavon Forgings businesses to Arlington Capital Partners as two separate transactions. The deals were led by Corporate partner Richard Kyle with support from...




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World Intellectual Property Organization (WIPO) calls for input into IP policy on AI

One of the major challenges posed by the rapid growth in the use of AI is whether or not existing IP systems are adequate to deal with the ownership and exploitation of AI-assisted and AI-generated products, processes, works and designs, which is so...




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France: strengthening of the foreign investment control mechanisms, in line with a general international trend

New regulations on foreign investment in France were published on January 1, 2020. These texts make numerous changes to the legal framework for investment control in France. Financial relations between France and foreign countries are, in principle,...




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EU Circular Economy - Opportunity to Comment on Roadmap for New Action Plan

The end of December 2019 saw the next step in the EU’s commitment to the adoption of a circular economy as the EU Commission published a road map on a new action plan which aims to speed up the transition to a circular economy. The new plan is...




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US imposes further sanctions on Iran – what does this mean for the JCPoA and for global corporations and financial institutions?

On 10 January 2020, following the recent military escalation between Iran and the US, the White House issued Executive Order, "Imposing Sanctions With Respect to Additional Sectors of Iran" (“EO 13902”), which expands the already broad U...




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Chemical Regulation – the Outlook for 2020

The below summarises some of the key chemical’s regulation related changes expected in 2020 or which industry should be preparing for during 2020. SCIP Database ECHA is expected to launch a prototype version of the Substances of Concern In art...




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Health and safety 2020 forecast

HSE’s Business plan With major structural changes to the UK economy expected post Brexit, now is a time for the Health and Safety Executive (HSE) to reflect on its business plan and the associated implications.  The HSE will be keen to de...




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Foreign investment: updates from around Europe

There has been a growing global trend in recent years to strengthen foreign investment control mechanisms, most notably led by CFIUS in the US, and AWV in Germany. In our latest articles, we address the new developments in Germany and France, set to...




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Coronavirus - key legal challenges and solutions for the international energy industry

Overview On 30 January 2020, the World Health Organization (WHO) declared a Public Health Emergency of International Concern (PHEIC) in response to the spread of the Wuhan coronavirus, the sixth time that the WHO has made this declaration since adop...




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Coronavirus - A guide for global industrials reassessing their outsourcing requirements during coronavirus - Global

A guide for global industrials reassessing their outsourcing requirements during coronavirus COVID-19 continues to cause widespread and indiscriminate disruption to global industrials. Manufacturing companies face more of a challenge in instituting...




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A guide to managing your M&A pipeline during COVID-19 for global industrials

The COVID-19 pandemic has taken global industrials around the world largely by surprise with wide-ranging consequences for their M&A pipelines. Coming on the back of a period of high valuations, political uncertainty and slowing deal activity, C...




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A pandemic within a pandemic-well being strategies and guidance on coping with COVID-19 anxiety for General Counsel

Pandemic: ‘(of a disease) prevalent over a whole country or the world’ Fear: ‘an unpleasant emotion caused by the threat of danger, pain, or harm’ Management: ‘the process of dealing with or controlling things or people...




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Coronavirus - Considerations for property funds - UK

Introduction Given the evolving picture on COVID-19 and its impact on the UK economy there are a number of points which property fund managers should be considering in light of the FCA’s recent statements specifically on the virus and their p...




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Coronavirus - Immediate considerations for financial services clients in response to the COVID-19 pandemic

Communications need to be clear and timely Constantly review and maintain your customer communications content and strategy.  There is a regulatory expectation that firms will ensure consumers are adequately protected during severe disruption.&...




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Coronavirus – Finance overview of governmental economic support for industry - UK

Please note that this is a developing situation and we will update this note on a regular basis when further information is available. Across the budget on 11 March 2020 and the subsequent COVID-19 briefing meetings the Chancellor of the Exchequer h...




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Coronavirus – Force majeure in financial services – Sweden

  In the wake of COVID-19, force majeure can be invoked to obtain relief under certain contracts. In this briefing, we discuss if it is a good idea and certain considerations borrowers and financial services customers should make. The impact of...




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Legal considerations for the financial services sector in adopting artificial intelligence

Legal liability for financial institutions and financial services firms when using artificial intelligence and machine learning Recent advances in the development of artificial intelligence (AI), coupled with the availability of sufficient computing...




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Coronavirus - FAQs for UK authorized funds - UK

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Coronavirus - Forfeiture, petitions and insolvency reforms - UK

In its response to COVID-19, the UK Government has also been listening to business and seeking to provide further support mechanisms to help those businesses that have been forced to close in the short term. This has included the prohibition on land...




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Coronavirus - FCA proposes temporary financial relief for consumer credit customers - UK

On Thursday 2 April 2020, the FCA issued draft guidance and Handbook changes to address the impact of Covid-19 on consumer credit customers who have credit cards, store cards and catalogue credit, personal loans and overdrafts. There is a short win...




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New Defensive Measures for Blacklisted Jurisdictions: What impact will Luxembourg’s recent announcement have on Cayman-domiciled funds?

On 30 March, the Luxembourg Government published a new draft law (the Draft Law) which looks set to increase the Luxembourg tax burden for transactions realised with enterprises based in jurisdictions on the EU’s list of “non-cooperative...




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Coronavirus - Deferral of initial margin requirements for derivatives announced – Global

On 3 April 2020, the Basel Committee on Banking Supervision (“BCBS”) and the International Organization of Securities Commissions (“IOSCO”) issued a statement recommending an extension to Phases 5 and 6 of the initial margin ...




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Protecting confidential information in an AI-led and augmented reality

Across the banking sector, the Bank of England and the Financial Conduct Authority predict that firms’ utilisation of artificial intelligence (AI) solutions will triple in the next three years (BoE and FCA Joint Report on Machine Learning in U...




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Coronavirus - FCA finalises guidance on temporary financial relief for consumer credit customers - UK

On Thursday 9 April, the FCA confirmed measures to support consumer credit customers facing financial difficulty as a result of COVID 19 on personal loans, credit cards and overdrafts. Measures introduced by the new rules became applicable on Tuesda...




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Coronavirus - FCA issues draft temporary guidance for firms on motor finance agreements and coronavirus – UK

  On Friday 17 April 2020, the FCA issued a draft guidance for consultation on temporary forbearance measures to assist motor finance customers facing financial difficulty because of COVID-19. The consultation will close at 5 pm on Monday 20 Ap...




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Coronavirus - FCA issues further draft Covid-19 guidance for Buy-Now Pay-Later and other high cost products - UK

On Friday 17 April the FCA issued draft guidance on Buy-now pay-later (BNPL), rent-to-own (RTO) and pawnbroking. It proposes temporary financial relief for customers impacted by coronavirus and is intended to complement measures finalised on 9 April...




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Coronavirus - Webinar – Financial services post-COVID19: Trends in disputes and enforcement - UK

Listen as our panel answer some of the most common questions on post-COVID19 litigation trends - this was presented in conjunction with Ankura. A recording of the session can be listened to here. In this session we explored: a review of the economi...