Turkey to Impose Four-day Curfew Starting May 16

Two men wearing face masks seen at the deserted Istiklal Street during curfew in Istanbul, Turkey. (EPA)
Two men wearing face masks seen at the deserted Istiklal Street during curfew in Istanbul, Turkey. (EPA)
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Turkey to Impose Four-day Curfew Starting May 16

Two men wearing face masks seen at the deserted Istiklal Street during curfew in Istanbul, Turkey. (EPA)
Two men wearing face masks seen at the deserted Istiklal Street during curfew in Istanbul, Turkey. (EPA)

Turkey will impose a four-day partial curfew in 31 states beginning Friday midnight until the midnight of Tuesday, May 19, announced President Recep Tayyip Erdogan as the counyry continues to grapple with the coronavirus outbreak.

"There will again be a lockdown in place on May 16-17-18 and 19," he said in an address to the nation following a weekly cabinet meeting on Monday.

Further, Erdogan said intercity travel restrictions on nine more cities had been lifted.

Starting next week, those aged 65 and above will be allowed to go outside from four to six hours on Sundays. Those under 20 will be allowed to go outside for six hours, twice per week.

He added that the hospitals, currently under construction, at Istanbul's Ataturk Airport and in Sancaktepe will help with medical tourism for people arriving from abroad.

Meanwhile, Tourism Minister Mehmet Nuri Ersoy said that international flights will gradually resume in June, noting that the country will contact 70 countries to relaunch air traffic in a bid to bring tourists back to Turkey.

Shopping centers reopened in Turkey on Monday after a 50-day shut down. Preventive measures have been introduced, including taking the temperature of shoppers before entering the mall. Anyone with a temperature above 38 will be directed to a medical center.

The opposition, however, criticized the reopening of malls while COVID-19 cases are still being registered and people are not abiding by preventive measures.

Turkey reported 55 deaths on Monday and 1,114 more infections. This raises the death toll to 3,841 and overall infections to 139,870.



Italy Has Frozen Russian Oligarchs' Assets Worth over $2.6 Billion

Representation photo: The seized yatch 'Tango', which belongs to Renova Group head Viktor Vekselberg, moors in the port of Palma de Mallorca, Spain, 04 April 2022. EPA/CATI CLADERA
Representation photo: The seized yatch 'Tango', which belongs to Renova Group head Viktor Vekselberg, moors in the port of Palma de Mallorca, Spain, 04 April 2022. EPA/CATI CLADERA
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Italy Has Frozen Russian Oligarchs' Assets Worth over $2.6 Billion

Representation photo: The seized yatch 'Tango', which belongs to Renova Group head Viktor Vekselberg, moors in the port of Palma de Mallorca, Spain, 04 April 2022. EPA/CATI CLADERA
Representation photo: The seized yatch 'Tango', which belongs to Renova Group head Viktor Vekselberg, moors in the port of Palma de Mallorca, Spain, 04 April 2022. EPA/CATI CLADERA

Italy has frozen Russian oligarchs' assets valued at around 2.3 billion euros ($2.64 billion) since the invasion of Ukraine in 2022, data provided by Italian authorities show, with the most recent seizures occurring at the beginning of the month.

Italy seized assets - including bank accounts, luxury villas, yachts and cars - as part of the European Union's sanctions against the Kremlin and its backers.

The Bank of Italy had said that at the end of June 2023 their value amounted to 2.5 billion dollars, said Reuters.

This month it did not update the total amount, but said that the funds frozen due to sanctions against Russia totaled almost 280 million euros up to December 2024 — a 44 million euro increase from the previous year.

Separately, the tax police seized in early June an Iranian company based in Milan, Irital Shipping Lines, and two of its properties worth a total of more than 1 million euros, due to "Iran's military support for Russia's war of aggression against Ukraine".

The company has not yet responded to a request for comment emailed by Reuters.

MAINTENANCE COSTS

Italy's State Property Agency holds all non-liquid assets frozen due to EU sanctions and the Italian government bears the costs of managing these assets during the freezing period.

According to the latest official data available, the costs incurred by the State for their maintenance amounted to 31.7 million euros up to February 2024.

When asked about the level of maintenance cost incurred by Italian taxpayers so far, the agency said it could not provide the information because it "is covered by official secrecy." Reuters calculation suggests that costs may have increased by around 15 million euros to more than 45 million euros to date.

The fate of these assets rests with the European Union.

If the EU decides to make the freezes permanent, the state must initiate proceedings to convert them into confiscations.

If Brussels decides to unfreeze them, the assets can be returned to their owners, provided that they pay Italy the maintenance costs incurred.