Executive Summary Turkey & The World

[Document title] Barlas Hünalp [Course title] [Date]

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 •

Cases reach 2.5 K; death toll is 59! o The death toll of coronavirus in turkey rose to 59 and the number of cases reached 2.433 with new diagnosis of 561. (Turkish)

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Minister Koca reveals details about recruitment of 32K Ministry personnel o Fahrettin Koca, Health Minister, has revealed that the ministry will appoint 32 thousand new healthcare personnel, including 11 thousand nurses, 1600 midwives, 4.687 health technicians and 14 thousand permanent workers.

(Turkish)

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Turkey: Schools extend closure amid COVID-19 o Turkish education minister announces schools to be closed until April 30, continuing with online education (English)

World •

France presses the button for The Healthcare System; cases exceed 25 K o o

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Since January 24, 2020, France has 25,233 confirmed cases of Coronavirus COVID19. 1,331 people have died since the beginning of the epidemic. (French) Emmanuel Macron announced a massive plan for the hospitals. "The commitment I am making this evening is that at the end of this crisis a massive investment and career enhancement plan will be built for our hospitals. This response will be profound and lasting” he announced. For several months, the hospital crisis has been brewing, and the coronavirus epidemic has revealed it. In the short term, caregivers will benefit from an "exceptional bonus," he said. (French) A thousand people are in intensive care in the Paris region, nearly a third of the 2,827 serious cases in France. Doctors fear is to be overwhelmed and call for containment to be respected. (French) On Wednesday March 25, the French general staff announced that France will withdraw its troops from Iraq. They participated in training missions. The reason "is in particular" the epidemic of Covid-19 which thus comes to obstruct one of its external operations. (French)

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Death toll in Italy rises to 7.503 people o Death toll in Italy rose by 683 people in the last 24 hours and reached 7.503. The number of people dying due to the coronavirus rose by 231 to 1331 people in France, and by 738 to 3.434 people in Spain. Iran has reported the death toll as 2.077. (Turkish)

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Germany took new steps for coronavirus o The Bundestag has approved a supplementary budget to finance aid packages in the corona crisis. This includes new debts amounting to 156 billion euros.

(German)

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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USA: $ 2 Trillion Massive deal o White House, Senate reach deal on massive $2 trillion coronavirus spending bill.

(English) o A group of 33 state attorneys general called on Amazon, Ebay, Facebook, Walmart and Craigslist to prevent price gouging on coronavirus-related products. (English) o As New York’s coronavirus crisis deepens, experts split over how to contain its spread to new areas. (English)

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No Interest on loans in the UK; Positive tests result for Prince Charles o The government has released more details about the £350bn package of financial support. o Two further schemes to help business were announced: a new interest-free Business Interruption Loan Scheme for small and medium-sized firms and a Bank of England finance option for bigger businesses. (English) o Emergency legislation becomes law, giving ministers unprecedented powers to tackle outbreak. (English) o Prince Charles, 71, is displaying mild symptoms "but otherwise remains in good health", a spokesman said, adding that the Duchess of Cornwall, 72, has been tested but does not have the virus. (English)

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Greek citizens are out despite the penalty! o After the lockdown imposed on Monday police recorded 1.795 violations within the last 2 days despite the fine of 150€ (English)

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Putin announces measures for coronavirus in Russia yesterday o Job seeker’s allowance (JSA) is increased from 8.000 to 12.130 rubles (Russian) o In order to emit the transmission of Covid-19 the days from 28th March until 6th April will be a non-working period (Russian) o The voting for the Constitutional revision is indefinitely postponed (Russian) o From April to June, families who get the child benefits they can be also benefited with an extra fund of the amount of 5.000 rubles only for children under 3 years old (Russian) o Russia will stop all international flights starting Friday (English)

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Wuhan buses hit the road after two-month lockdown o Wuhan started to resume bus service after nine weeks of lockdown. Apart from a driver, a safety supervisor was also on each bus, whose duty was to make sure all passengers are healthy as their health code shows before boarding. For those who do not use smart phones, they should bring with them a health certificate issued by the health authorities. (English)

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Why did China impose a lockdown on Wuhan? o The first reason was the need to control the source of infection. Before the lockdown, Wuhan witnessed a notable increase of patients with fever. The healthcare system in Wuhan was already under great pressure, and the fever clinics, outpatient services, and emergency rooms were severely overloaded. o The second reason was the need to cut the chains of transmission. Along with the Spring Festival migration, the epidemic could spread across the country via Wuhan and Hubei Province.

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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Last but not least, the reason was the need to react to the uncertainty as well.

Based on the judgement of China's COVID-19 Expert Team the only certainty about the COVID-19 was the human-to-human transmission. The lockdown was to reduce the damage caused by the epidemic at large. (English)

2. MARKETS •

Markets are stumbling o Asian markets and US stock futures are stumbling, even as the United States moves closer toward passing a $2 trillion economic stimulus bill. Japan's Nikkei 225 (N225) dropped 3%, the worst performer in the region. China's Shanghai Composite (SHCOMP) declined 0.2%. S&P 500 (SPX) futures were last down 0.5%, while Nasdaq futures were down 0.3%. (English)

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Here’s what’s in the $2 trillion coronavirus stimulus bill! o It includes direct payments to Americans, strengthened unemployment insurance, loans to businesses small and large and increased health care resources for hospitals, states and municipalities. (English)

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European stocks closed higher as US reaches stimulus deal; Virgin Money up 26% (English)

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European markets close 7.5% higher on Fed stimulus, Italy virus slowdown (English) o European markets closed sharply higher Tuesday on the back of stimulus measures from the U.S. Federal Reserve the day before, and as the number of new coronavirus cases in Italy slowed for a second day.

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Trump says reopen by Easter, Corporate America says not so fast o President Donald Trump wants America to get back to business by Easter, suggesting some efforts to slow the spread of coronavirus outbreak will no longer be needed by then, but Corporate America is taking its lead from health professionals. (English)

3. BUSINESS WORLD •

Three public banks realize “continuance of business” loan support o Ziraat Bank, Halkbank and VakifBank have declared they would realize the “Continuance of Business Loan Support” to meet business capital needs of the corporate and commercial companies. (Turkish)

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SARAR halts production due to pandemic! o Cemalettin Sarar, Sarar Giyim Board Chairperson, has stated that workers in the production will use their annual leave and they have halted production until the country overcomes the coronavirus epidemic. (Turkish)

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US companies are still betting on Chinese consumers, despite coronavirus impact o A survey of 119 companies from March 13 to 18 by the Beijing-based American Chamber of Commerce in China found that the proportion of respondents saying they are experiencing significant revenue declines increased to 50%,s up from 28% last month. (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 & STARTUP • New Technologies to measure or reduce the effects of coronavirus o North Carolina startup gets approval for COVID-19 test that works in 15 minutes. (English) o

5 of the best online learning platforms to explore during quarantine (Udemy, Skillshare, LinkedIn Learning, Coursera, FutureLearn). (English)

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A corporate travel management company TripActions, which is a Unicorn with a valuation of $ 1 billion, started firing its employees due to Covid-19. (English)

5. ART & CULTURE • Can’t go out and visit museums? Here are the ones you can enjoy online o Radical Geometries – Boston o Arkas o Virtual Migration Museum o National Museum of Canada o Remembering Lincoln o 12 Banksy Murals o Yayoi Kusama: Infinity Mirrors o İstanbul Modern - Art and Time o İstanbul Modern - Love o Evin Art Gallery o Art x-ist o British Council •

At home with your children? Here is your to do list: o Tate o MedKids o Glazer Children's Museum o Children's Museum of South Dakota o Pittsburgh Children's Museum o Long Island Children's Museum o National Museums of Australia o International Association Children in Museum o Smithsonian National Museum of Natural History

6. SPORTS • COVID-19 spreads to Fenerbahce football club o Turkish club says a football player, medical staff having novel coronavirus symptoms. Fenerbahce football club announced on Wednesday afternoon that a player and a medical staff were showing the COVID-19 symptoms. The Istanbul club said on its official website that the senior football team, technical staff, and administrative personnel have been tested on club premises. (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