Türkiye sees substantial tax hikes on fuel

**This is a 60-seconds sample of the video. For the full version, please contact us.**

Türkiye sees substantial tax hikes on fuel

STORY: Türkiye sees substantial tax hikes on fuel DATELINE: July 18, 2023 LENGTH: 00:01:23 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of Istanbul city 2. various of petrol station 3. various of exchange office 4. various of people shopping in supermarket STORYLINE: Türkiye has raised the special consumption tax on fuel, the latest in a string of tax hikes after the presidential elections in May, local media reported on Monday. The tax on gasoline was increased to 7.52 Turkish liras (0.29 U.S. dollars) per liter from 2.52 liras, Milliyet Daily said, citing an announcement published in the Official Gazette. The tax on diesel oil surged to 7.05 Turkish liras from 2.05, it added. Gasoline prices increased from 28.05 to 34.05 liras per liter and diesel from 26.32 to 32.32 liras. The latest hikes come after the Turkish government substantially raised taxes on services and goods as well as consumer loan taxes earlier this month. The value-added tax on goods and services

  • Product Code
  • ILEA001536817
  • Registered date
  • 2023/7/18 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • 1920 × 1080 pixel
  • Deployment size
  • 86.73(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    Türkiye's annual inflation nears 70 pct in April

    STORY: Türkiye's annual inflation nears 70 pct in April SHOOTING TIME: Earlier footage DATELINE: May 4, 2024 LENGTH: 00:01:27 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of people shopping in a bazaar in Türkiye (April 20, 2024) (courtesy of ihlas news agency) 2. various of tourists at a hotel in Türkiye (April 5, 2024) 3. various of people at cafes and restaurants in Türkiye (April 29, 2024) 4. various of people at an intercity bus terminal in Türkiye (July 19, 2023) (courtesy of ihlas news agency) STORYLINE: Türkiye's annual inflation rate rose to 69.8 percent in April, the highest in one and a half years, according to official data released on Friday. The annual consumer inflation continued to rise, mainly due to the increase in service prices. According to data released by the Turkish Statistical Institute, the monthly consumer price index increased by 3.18 percent in April. Alcoholic beverages and tobacco saw the highest price increase of 9.56 percent in the month, followed by

      Turkish police detain 30 suspects over links to failed coup

      STORY: Turkish police detain 30 suspects over links to failed coup SHOOTING TIME: May 3, 2024 DATELINE: May 4, 2024 LENGTH: 00:01:00 LOCATION: ISTANBUL, Türkiye CATEGORY: OTHERS SHOTLIST: 1. various of convoy of police cars leaving police headquarters for operation in Izmir, Türkiye 2. various of suspects detained in the operations being taken to the police station in Izmir, Türkiye STORYLINE: Turkish police detained on Friday 30 suspects over their alleged links to a network accused of orchestrating a coup attempt in 2016, local media reported. The police launched raids in the western province of Izmir after prosecutors issued an arrest warrant for 32 suspects believed to be members of the organization. According to the semi-official Anadolu Agency, 30 suspects were detained during the raids, while the other two remain at large. The suspects are believed to be affiliated with the Gulen movement, a network allegedly led by the U.S.-based cleric Fethullah Gulen and blamed by the Turkish government for o

        Turkish police seize smuggled gold worth 1.4 mln USD in border province

        STORY: Turkish police seize smuggled gold worth 1.4 mln USD in border province SHOOTING TIME: May 2, 2024 DATELINE: May 3, 2024 LENGTH: 0:01:05 LOCATION: ISTANBUL, Türkiye CATEGORY: SOCIETY SHOTLIST: 1. police removing smuggled gold bars hidden in the trailer of a truck in Edirne, Türkiye 2. smuggled gold bars and bracelets seized in the operation being exhibited at the police headquarters in Edirne, Türkiye STORYLINE: Turkish police seized smuggled gold bars and bracelets worth 1.4 million U.S. dollars in an operation on Thursday at the northwestern border province of Edirne, local media reported. The Haberturk Daily said the security forces seized two trucks arriving in Türkiye from the Kapikule border gate with Bulgaria, confiscating 23 gold bars and 22 gold bracelets weighing nearly 19 km. The seized gold is worth 45.2 million Turkish liras or 1.4 million dollars, said Haberturk. Rampant inflation, a weakening currency and geopolitical tensions are boosting demand for gold in Türkiye, acco

          Turkish Airlines inks deal with Airbus, Rolls-Royce

          STORY: Turkish Airlines inks deal with Airbus, Rolls-Royce SHOOTING TIME: April 30, 2024 DATELINE: May 1, 2024 LENGTH: 00:01:17 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish Airlines, Airbus, and Rolls-Royce joint signing ceremony in Istanbul, Türkiye 2. various of Istanbul airport, Turkish Airlines planes in Istanbul, Türkiye STORYLINE: Turkish Airlines sealed a deal in Istanbul with Airbus and Rolls-Royce, heralding a substantial economic injection of 20 billion U.S. dollars, local media reported on Tuesday. The Turkish flag airline secured the acquisition of a total of 230 aircraft, including 150 A321neo and 80 A350 planes from Airbus, and finalized a deal with Rolls-Royce for the provision of aircraft engines, according to the Sabah Daily. According to the agreement, Turkish Airlines stipulated that significant components of both the aircraft and their engines must be produced in Türkiye, the daily said. "The deal makes Turkish Airlines the world's largest operator of

            Chinese, Turkish businesspeople seek more collaboration

            STORY: Chinese, Turkish businesspeople seek more collaboration SHOOTING TIME: April 30, 2024 DATELINE: May 1, 2024 LENGTH: 00:00:47 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of the event STORYLINE: Chinese and Turkish business delegates, along with media representatives, on Tuesday gathered in Istanbul, Türkiye's financial and cultural hub, to explore business opportunities and strengthen collaboration. The event, themed "China, an opportunity," took place at the Turkish branch headquarters of the Industrial and Commercial Bank of China (ICBC). Addressing the gathering, Wei Xiaodong, China's consul general in Istanbul, emphasized the commitment of both nations to forge stronger economic bonds and build a community with a shared future for mankind. "Over 1,300 Chinese companies are doing business here in Türkiye, with a total investment exceeding 3 billion U.S. dollars. At the same time, many Turkish companies have successful stories in China," Wei noted. The consul ge

              Surging restaurant prices in Türkiye make eating out a luxury

              STORY: Surging restaurant prices in Türkiye make eating out a luxury SHOOTING TIME: April 29, 2024 DATELINE: April 30, 2024 LENGTH: 00:04:06 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of people on the streets, at cafe and restaurants in Türkiye 2. SOUNDBITE 1 (Turkish): YUNUS ATAMAN, Private company worker 3. SOUNDBITE 2 (Turkish): YAZGI SECKIN, Student 4. SOUNDBITE 3 (Turkish): DINCER KARADOGU, Cafe owner in Ankara STORYLINE: For Turks hit hard by runaway inflation in recent years, going to a cafe or a restaurant has become a luxury. With nearly 70 percent annual inflation, prices of all consumer goods in the country are regularly increasing at a pace that has rarely been seen before. Restaurants and eateries in general are no exception to the price hikes. SOUNDBITE 1 (Turkish): YUNUS ATAMAN, Private company worker "I can't even imagine dining out anymore. Back in the day, my family and I would hit up a restaurant for a meal. Today, the same meal would cost me at least 2,500 liras (about 80

                Australian scam losses decline in 2023: gov't report

                STORY: Australian scam losses decline in 2023: gov't report SHOOTING TIME: April 29, 2024 DATELINE: April 29, 2024 LENGTH: 00:01:02 LOCATION: Canberra CATEGORY: LAW SHOTLIST: 1. various of Australian federal police station 2. various of Australian banks 3. various of fraud messages 4. various of card payments 5. various of city views of Canberra STORYLINE: Australians lost billions of dollars to a record number of reported scams in 2023, government data has revealed. The Australian Competition and Consumer Commission (ACCC) on Monday published its annual Targeting Scams report, revealing Australians reported over 601,000 scams in 2023, a new record and 18.5 percent increase from 2022. Despite an increase in the number of reported scams, reported losses to scams fell from 3.15 billion Australian dollars (2.06 billion U.S. dollars) in 2022 to 2.74 billion AUD (1.79 billion dollars) in 2023, a decline of 13 percent. It marks the first time since 2016 that scam losses have fallen from the previous

                  Egypt raises fuel prices amid economic reform, transportation cost surge

                  STORY: Egypt raises fuel prices amid economic reform, transportation cost surge SHOOTING TIME: Archive DATELINE: March 23, 2024 LENGTH: 00:01:05 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Egyptian Ministry of Petroleum 2. various of fuel stations in Cairo STORYLINE: Egypt announced on Friday it would raise the prices of fuel due to the impact of exchange rate liberalization on the economy and rising transportation costs of petroleum products. The Ministry of Petroleum and Mineral Resources said in a statement that gasoline prices would rise by one Egyptian pound (about 2 U.S. cents) per liter, bringing the price of 80-octane gasoline to 11 pounds, 92-octane gasoline to 12.5 pounds, and 95-octane gasoline to 13.5 pounds. The ministry attributed the price hike to exchange rate liberalization and the rising transportation costs of petroleum products, exacerbated by tensions in the Red Sea. Additionally, diesel prices rose to 10 pounds per liter from 8.25 pounds, and the price of the 12.5

                    Türkiye raises gasoline, diesel prices

                    STORY: Türkiye raises gasoline, diesel prices SHOOTING TIME: Recent footage DATELINE: March 15, 2024 LENGTH: 00:01:23 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of transportation in Istanbul, Türkiye 2. various of gas station in Istanbul 3. various of local residents in Istanbul STORYLINE: Petrol and diesel prices in Türkiye increased by 3.76 and 2.69 percent, respectively, on Thursday. The prices of gasoline and diesel per liter were capped at 42.06 Turkish liras (1.31 U.S. dollars) and 41.86 liras, respectively, Turkish up-market newspaper Cumhuriyet Daily reported. According to the report, behind the new hike lies the surging price of Brent crude, which hit a four-month high above 85 dollars per barrel on Thursday. Oguz Demir, an economist and former academic at the Istanbul Commerce University, said on his social media account that "only in the first two and a half months of this year, the increase in gasoline prices (in Türkiye) has approached 22 percent." "At t

                      Turks rush for USD as lira continues to depreciate amid high inflation

                      STORY: Turks rush for USD as lira continues to depreciate amid high inflation SHOOTING DATE: earlier footage DATELINE: March 8, 2024 LENGTH: 00:01:27 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of Istanbul city 2. various of exchange office, clerk in exchange office 3. various of Turkish Central Bank, Turkish lira 4. various of Grand Bazaar, exchange office in Istanbul, Türkiye STORYLINE: The U.S. dollar's ascent against the Turkish lira continued on Thursday, leading to increased demand for the U.S. currency among Turkish citizens. The dollar was trading at 31.85 liras at 2 p.m. local time (1100 GMT), showing a slight increase from Wednesday's closing rate of 31.79 liras. In Istanbul's Grand Bazaar, an area teeming with currency exchange offices, the dollar briefly surpassed the 32-lira mark on Wednesday, prompting a surge in demand for the greenback. Long lines have formed outside these exchange offices since Wednesday as people rush to acquire dollars in anticipation of further