LOCAL NEWS

• German tour operator TUI sends a letter to Turkish partner hotels requesting that cancellation of bookings made by Russian-owned partner operators in line with sanctions. The letter demanded refund of the pre-payments made, while saying the hotels will not receive the deserved payments. – Dunya
• Defense Min Akar says he is still hopeful for a truce coming from a summit between Ukraine & Russia, despite difficulties. Says he hopes it will be possible to gather the two leaders in the coming days upon the proposal from Erdogan.
  • At present both sides seem far apart on negotiations and have shown little inclination to return to negotiations
• Opposition leaders that form part of the 6-party alliance are said to have no “objection” for the potential candidacy of CHP leader Kemal Kilicdaroglu in presidential elections. Kilicdaroglu’s bureaucratic background is also said to be a plus. – Cumhurriyet
• President of the Association of Turkish Travel Agencies or Tursab, said they expect 2 million people to travel and create a tourism volume of 8-10b liras during the next week’s Eid holiday. – Hurriyet

Data/Events:

• Erdogan to visit Saudi Arabia
• 0800BST: Apr economic confidence, 95.7 prior
• 0830BST: CBR Gov to present Second inflation report for 2022