Turkish President Recep Tayyip Erdoğan is facing criticism for the detention of Istanbul Mayor Ekrem İmamoğlu and other political figures on charges of corruption and terrorism links. Critics suspect the arrests are politically motivated, as İmamoğlu was seen as a potential challenger to Erdoğan in future elections. The crackdown has sparked protests and raised concerns about the state of democracy in Turkey, with opposition figures denouncing the arrests as a violation of democratic norms.
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50% steel and aluminum tariffs take effect today. Here’s what could get more expensive.
The Trump administration has raised tariffs on aluminum and steel to 50%, a move that could significantly increase the costs of various consumer products, including cars, sports equipment, and canned goods. While the tariffs are designed to bolster domestic manufacturing, experts warn they may lead to higher prices as manufacturers typically pass on increased costs to consumers, potentially raising car prices by up to $3,000. This change may also negatively impact low-income households, which could...
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