Turkey's parliament on Thursday approved a law allowing President Tayyip Erdogan to extend a layoff ban imposed to combat the economic impact of the coronavirus pandemic until July 2021.
FILE PHOTO: Turkish President Tayyip Erdogan delivers a televised address to the nation in Ankara, Turkey, July 10, 2020. Turkish Presidential Press Office/Handout via REUTERS
The layoff ban was first imposed in April for three months. With the new law, Erdogan will be allowed to extend the ban by three months each time until June 30, 2021. According to another section of the law, Erdogan will have the authority to decide for each sector whether to extend the short labour pay benefit, a system that provides additional wages to employees whose hours are cut short.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Florida Closes Iconic Apalachicola Oyster FisheryThe Florida Fish and Wildlife Conservation Commission approved a five-year ban on harvesting wild oysters from Apalachicola Bay to give the fishery time to recover. Some oystermen worry closing the bay will be a final devastating blow.
Read more »
Southwest sees $1 billion in cost savings next year, avoids layoffs for nowSouthwest Airlines expects to save more than $1 billion in 2021 thanks to the high number of employees taking early retirement or extended time off as the industry grapples with the coronavirus pandemic, an executive told investors on Thursday.
Read more »
Intel offers disappointing Q3 earnings guidanceThe company again gave full-year guidance after pulling it one quarter ago.
Read more »
Senate Republicans Discuss Short-Term Extension of Jobless AidSenate Republicans are discussing the possibility of extending a $600 weekly supplement to unemployment benefits on a short-term basis to give lawmakers more time to negotiate a long-term solution.
Read more »
GOP considers extending unemployment benefit at reduced level of $400 a month through DecemberRepublicans are considering extending the enhanced unemployment insurance benefit at a reduced level of $400 per month through the rest of the year, sources told CNBC.
Read more »
The Chicks' Natalie Maines Weighs In on Lady A's 'Very Awkward' Name Change Lawsuit - E! OnlineThe Chicks' Natalie Maines reacted to fellow country group Lady A's recent name change and the subsequent lawsuit the group filed against singer Lady A.
Read more »