Turkey prosecutors seek jail terms for two Bloomberg reporters

The charges come after Turkey’s banking regulator agency, BDDK, complained about an August 2018 Bloomberg story on the currency crisis amid tensions with the US. (File/Shutterstock)
Updated 14 June 2019
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Turkey prosecutors seek jail terms for two Bloomberg reporters

  • Prosecutors accuse the two reporters of trying to undermine Turkey’s economic stability
  • An Istanbul court accepted the indictment and the first hearing is set for Sept. 20

ISTANBUL: Turkish prosecutors are seeking a jail term of up to five years for two Bloomberg reporters who had written about how authorities responded to last summer’s currency collapse, the US-based news agency reported.
The charges come after Turkey’s banking regulator agency, BDDK, complained about an August 2018 Bloomberg story on the currency crisis amid tensions with the United States.
Prosecutors accuse the two reporters, Kerim Karakaya and Fercan Yalinkilic, of trying to undermine Turkey’s economic stability, Bloomberg said late Thursday.
The news agency’s editor-in-chief John Micklethwait said: “We condemn the indictment issued against our reporters, who have reported fairly and accurately on newsworthy events. We fully stand by them and will support them throughout this ordeal.”
An Istanbul court accepted the indictment and the first hearing is set for September 20.
Turkish media reported 50 others, including journalists and columnists, were also indicted for commenting on the currency crisis on their social media accounts.
In April, President Recep Tayyip Erdogan criticized Western media coverage of the country’s economy after a Financial Times report questioned the central bank’s management of foreign currency reserves.
Turkey’s economy has slipped into its first recession in a decade after a currency crisis last year battered the lira, leaving foreign investors jittery over the government’s policies to manage growth.


Media ministry’s Konoz wins 6 gold awards

The AVA Digital Awards are among the most prestigious international awards, established in the US nearly 19 years ago. (@KonozSA
Updated 23 January 2026
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Media ministry’s Konoz wins 6 gold awards

  • “The Destination” showcases the developments witnessed in Saudi Arabia over the past few years across political, economic, medical, sports, cultural, media and artistic fields

RIYADH: The Konoz Saudi Arabia initiative, one of the Ministry of Media’s programs, achieved a global milestone by winning six gold awards at the AVA Digital Awards for its documentary film “The Destination.”

Awards were given for documentary, film, editing, informational, cinematography and directing.

With the achievement, the film’s total awards since its release have risen to 13, in addition to receiving three international commendations, bringing the initiative’s overall tally to more than 50 local and international awards.

“The Destination” showcases the developments witnessed in Saudi Arabia over the past few years across political, economic, medical, sports, cultural, media and artistic fields. The film highlights the steady and accelerated steps toward realizing Saudi Vision 2030 and the Kingdom’s transformation into a global destination.

The documentary is currently available on the Shahid and stc tv platforms, in addition to being screened onboard Saudia flights. It combines creative footage drawn from trusted media sources covering events across the Kingdom with exclusive interviews featuring experts and specialists in the fields addressed by the film.

To date, the documentary has surpassed 10 million views across various platforms.

The AVA Digital Awards are among the most prestigious international awards, established in the US nearly 19 years ago. The awards aim to honor excellence in planning, directing, design and production across digital campaigns, audio and video production, website development, and social-media marketing and engagement.