Tag Archives: turkish president

USD/TRY targets 15.00 ahead of Russian-Ukrainian peace talks

USD/TRY resumes offers to reverse Friday’s pullback from the 3-month high. Russia and Ukraine ready for further talks after citing progress, Moscow attack slammed. US Treasury yields propel the DXY amid rising hopes of a 0.50% Fed rate hike on Wednesday. China’s covid cases bolster safe-haven demand for the US …

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Ukraine invasion leaves Greece with grave fears on two fronts

Russia’s invasion of Ukraine has had serious repercussions in two areas of Greece’s economy and political status that seem unrelated but are in fact equally worrying when it comes to long-term political relations. term. Greece’s support for EU sanctions against Russia has resulted in the cancellation of Russian tourism to …

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Turkey and the United States will coordinate their response to the war in Ukraine, says Ankara

The flags of Turkey and the United States are seen in this illustration taken August 25, 2018. Picture taken August 25, 2018. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register ANKARA, March 5 (Reuters) – Turkey and the United States will remain in “close coordination” in their …

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Israel says Turkey’s outreach will not come at the expense of Cyprus | News

NICOSIA, Cyprus (AP) — Any attempt by Israel to improve strained relations with Turkey will not come at the expense of its “strategic relationship” with its Cypriot neighbor, Israel’s president said Wednesday. Israeli President Isaac Herzog, speaking after talks with his Cypriot counterpart, said he was aware next week’s visit …

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Turkey’s policy shifts could see defense sector grow with Gulf rivals

ANKARA, Turkey — Turkey is reversing policy with its Gulf rivals in the hope that local defense firms can return to lucrative Saudi and Emirati markets. Deep political differences have plagued Turkish relations with Saudi Arabia and the United Arab Emirates in recent years, including divisive policies regarding the civil …

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Turkey could become the next narco-state in the Middle East

The assassination of Turkish Cypriot casino magnate Halil Falyali last week was the latest installment in Turkey’s underground wars against drug trafficking and illicit finance. Turkish mobster turned whistleblower Sedat Peker accused Falyali last year of being a key player in cocaine trafficking and colluding with Erkan Yildirim, the son …

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bne IntelliNews – Turkey’s Minimum Wage Gap to Hunger Line ‘Almost Completely Disappeared’

The gap between Turkey’s minimum wage and the famine threshold has almost entirely disappeared amid the collapse of the Turkish lira and soaring inflation, according to a report compiled by the Confederation of Turkish Trade Unions (Turk- Is). The January Turk-Is Hunger and Poverty Line survey, originally reported by bianet, …

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ASIA/TURKEY – Erdogan confirms: new regulations and new elections for the Foundations of non-Muslim communities

ASIA/TURKEY – Erdogan confirms: new regulations and new elections for the Foundations of non-Muslim communities agos.com Ankara (Agenzia Fides) – The process of publishing new operating rules for Turkish foundations linked to non-Muslim communities is almost complete, which will soon allow these organizations to renew their governing bodies after eight …

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Everything you need to know before trading Tadawul today

ANKARA: Following Iran’s decision to cut off gas flows to Turkey last week, Ankara began ordering gas-fired power plants to cut their gas consumption by 40% from Monday. This sudden decision highlighted the need to diversify energy suppliers for the country. Households, schools and hospitals are, for the time being, …

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Turkey rescues over 70 migrants in the Aegean Sea – General News

(ANSAmed) – ISTANBUL, JANUARY 18 – The Turkish Coast Guard rescued 73 migrants overnight from Monday to Tuesday who were trying to reach the Greek islands from the Turkish coast on the Aegean Sea. Anadolu news agency reported that in response to sightings of boats full of migrants having difficulty …

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Turkish Erdogan announces he will visit Saudi Arabia in February | Politics News

The visit is said to be the Turkish president’s first since the 2018 murder of Jamal Khashoggi by a team of Saudi agents in Istanbul. Turkish President Recep Tayyip Erdogan has announced that he will visit Saudi Arabia next month, the Turkish leader’s first visit since the 2018 murder of …

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Turkey’s economy is no laughing matter – Famagusta Gazette

By Robert Ellis This Christmas, I was persuaded to dress up as Santa Claus to please our six-year-old granddaughter, who was disappointed that she hadn’t come last year. But I was scolded. “Santa Claus wore Grandpa’s shoes,” she later remarked. The same goes for Turkish President Recep Tayyip ErdoÄŸan and …

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Saudi real estate market falls 9.1% in 4Q 2021, reports Al-Eqtisadiah

RIYAD: Global economic output is expected to exceed $ 100,000 billion next year, according to a report by UK consulting firm Cebr. The report also says it will take longer than expected for China to overtake the United States as the world’s largest economy. He predicted that China will occupy …

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Lively bars, booming business: Dubai is experiencing a post-vax boom

DUBAI, United Arab Emirates – Nations around the world are rushing into lockdown, bracing for a brutal push as the omicron variant spreads like wildfire. But in Dubai, Donna Sese is bracing for a very different surge: countless restaurant reservations and meter-long drink bills. “We’re back and busy as before,” …

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Foreign drones tip the scales in Ethiopia’s civil war

NAIROBI, Kenya – After the Prime Minister of Ethiopia scored an astonishing military victory earlier this month, overthrowing a rebel march on the capital that threatened to topple him, he credited his troops for their bravery. “Ethiopia is proud of your incredible heroism,” jubilant leader Abiy Ahmed told his troops …

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Takeaways from President Buhari’s epic visit to Turkey, by Garba Shehu

The President’s visit to Turkey from December 16 to 19 was aimed at participating in the 3rd Turkey-Africa Partnership Summit, with an attractive theme: “Strengthened Partnership for Common Development and Prosperity”. Our national strategy was laid out before we left, based on a strong optimism that the summit will work …

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The Turkish lira with another record decline – Novinite.com

national of Turkey currency hits a new all-time low, depreciating against the US dollar to 17.04 TO TRY through we unity. The data from the online exchange shows this. At the same time, the Turks currency has depreciated twice since the start of the year, which is one of the …

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Turkish lira, stocks collapse amid inflation concerns

Istanbul’s stock market was twice forced to halt trading and the Turkish lira continued to decline on Friday as concerns grew that recent interest rate cuts could spur an inflationary spiral. . Turkey’s benchmark Borsa Istanbul 100 fell 8.5% on Friday on its worst day since March, tripping two circuit …

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As Turkey’s currency crumbles, Erdogan’s support crumbles even in his hometown

RIZE, Turkey — Here in President Recep Tayyip Erdogan’s hometown on Turkey’s Black Sea coast, locals are questioning the leadership of their city’s favorite son amid an economic crisis that is driving up the cost of food, gasoline and medicine. Turkey’s currency has lost up to 45% of its value …

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Apple briefly stopped selling its products in Turkey, but why ?, World News

Apple products, especially iPhones, are known for their popularity around the world. People wait in winding queues for long hours just to get their hands on the new gadgets no matter how expensive they are. Prices for Apple electronic devices, including iPhones, vary around the world. Import duties, among other …

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Turkey and Arab world prefer cooperation over conflict

A changing geopolitical landscape has seen Ankara and its former Gulf rivals rethink their policies towards each other. Relations between Turkey and the Arab world are experiencing a major thaw after years of strained relations – a rapid rapprochement that has occurred in the space of a year. Following attempts …

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Massive brawl breaks out in Turkish parliament

What was supposed to be an orderly diplomatic scene quickly turned into a fight club today, as officials in costume threw hay at their opponents. What was supposed to be an orderly diplomatic scene quickly turned into a fight club as officials now squabble over Turkey’s faltering economy. The country …

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Turkish opposition leader helps form unlikely alliance to challenge Erdogan

For years, Turkish opposition leader Kemal Kilicdaroglu has been ridiculed for his gentle demeanor and inability to make inroads election after election. Lately, however, the leader of the Republican People’s Party (CHP) has discovered a taste for daring. On Friday, he showed up uninvited to the country’s statistical agency and …

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Pound Crash Hits Turkey’s Factories, Farmers and Retailers | Business and Economy News

Istanbul, Turkey – The Turkish Lira crisis threatens to bankrupt 86-year-old Mehmet Sapci’s pharmaceutical company. With the onset of the coronavirus pandemic, his company – Merkez Ilac – was able to leverage its production lines to pump disinfectants that have been shown to be essential in stopping the spread of …

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Turkish Finance Minister Lutfi Elvan resigns amid monetary crisis

Turkish Finance and Treasury Minister Lutfi Elvan has resigned amid a sharp drop in the Turkish lira, according to a presidential decree published in the Turkish Official Gazette on Thursday. Elvan has asked to be relieved of his duties, the official newspaper said. Turkish President Recep Tayyip Erdogan has appointed …

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Turkey should adopt the euro – POLITICO

Asli Karahan-Ay is Chief Investment Officer of Lioness Capital. NEW YORK – The “unorthodox” economic policies of Turkish President Recep Tayyip ErdoÄŸan have caused a train crash. Turkey suffers from a balance of payments crisis, growing poverty, high unemployment and rampant inflation. At the time of writing, the Turkish lira …

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Turkish Erdogan announces he will visit UAE in February

ANKARA, Turkey (AP) – Turkish President Recep Tayyip Erdogan has said he plans to visit the United Arab Emirates in February as the two countries prepare to put years of strained relations behind them. The powerful crown prince of Abu Dhabi visited Ankara last week, making his first official trip …

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President Alvi calls for measures to integrate ECO region – Journal

• Sees an imperative for peace in Afghanistan for the TAPI gas pipeline, the CASA-1000 power grid and the trans-Afghan railway projects• Bilateral talks with the presidents of Uzbekistan, Turkey, Iran, Azerbaijan and Tajikistan ISLAMABAD: President Dr Arif Alvi said that the member states of the Organization for Economic Cooperation …

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Few people dare to follow as Spanish bank BBVA raises bet on Turkey

While Carlos Torres Vila, director of BBVA, explained why the Spanish lender was planning to take full ownership of Turkish bank Garanti, it didn’t always sound like the sales pitch typically deployed for corporate transactions. But then the 55-year-old BBVA chairman could hardly ignore the backdrop of the deal – …

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In Turkey, foreigners face a new reality

What does it tell us about a country when foreign ambassadors advising their host state on a legal matter and refugees playfully teasing their host citizens on social media receive the same response from the government? That Turkey is in the mood for a little “time for me”. About a …

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A new 15 billion dollar canal for Istanbul

THERE NO like a poor view of the Bosphorus, the waterway that separates Istanbul between Europe and Asia. But that of the bridge Cobia gas, a 180-meter tanker, on its way from the Sea of ​​Marmara to the Black Sea, is hard to beat. Ottoman palaces parade. Hagia Sophia enjoys …

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Students sleep in parks to protest against rising rents in Turkey | Europe | News and events from across the continent | DW

For 18 months, face-to-face classes were suspended in Turkey due to the pandemic. When universities reopened, many students had a nasty surprise: rents became almost unaffordable. This is partly explained by inflation and the corresponding price fluctuations, which also affected the housing market. In addition, the Turkish government has failed …

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Erdogan’s false claim that Turkey is “incomparably free”

On September 26, Turkish President Recep Tayyip Erdogan gave an interview to CBS’s “Face the Nation” show. Among other things, Erdogan discussed his relationship with the administration of US President Joe Biden, Turkey’s influence in the Middle East, and the state of freedoms in his country. Interviewer Margaret Brennan asked …

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Van Hollen and Lankford lead bipartisan push, urging President Biden to hold Erdogan accountable for crackdown on Turkish democracy

September 30, 2021 Today, U.S. Senators Chris Van Hollen (D-Md.), A member of the Senate Foreign Relations Committee, and James Lankford (R-Okla.) Led Senators Ron Wyden (D-Ore.), Thom Tillis (RN.C.), Jeff Merkley (D-Ore.), Jeanne Shaheen (DN.H.), Angus King (I-Maine), Cory Booker (DN.J.), Ed Markey (D-Mass. ) and Sherrod Brown (D-Ohio) …

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Putin and Erdogan: situational enemies

Russian President Vladimir Putin (right) eliminates Turkish President Recep Tayyip Erdogan after their meeting at the Russian Presidency’s official residence in Sochi, Russia, September 29, 2021. / Getty Russian President Vladimir Putin (right) eliminates Turkish President Recep Tayyip Erdogan after their meeting at the Russian Presidency’s official residence in Sochi, …

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Turkey creates a new Ottoman Empire

UNITED NATIONS (PA) – The foreign minister of the divided island of Cyprus accuses the Turkish president of trying to promote a new Ottoman empire in the Eastern Mediterranean and the Middle East – and says that such an approach to the geopolitics could have a negative impact on regional …

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The economic madness of Turkish Recep Erdogan

Turkish President Recep Erdogan’s pride in his country’s recent interest rate cut recalls the apocryphal story of mother’s pride in her son during a military parade. The source of his pride was that his son was the only one in the parade who, in his mind at least, was marching. …

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Turkey’s biggest tech event ends with dazzling performances

ISTANBUL Teknofest, Turkey’s largest tech and aerospace event, ended on September 26 with breathtaking closing ceremonies and the dazzling coordinated performance of the Turkish Air Force. class = “cf”> The five-day event held at Istanbul’s Atatürk Airport included a host of activities such as air shows with warplanes and helicopters, …

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Here are the best foreign stories at 1700 hours

Outlook September 26, 2021 5:09 PM IST Here are the best foreign stories at 1700 hours perspectivesinde.com 1970-01-01T05: 30: 00 + 0530 TOP FOREIGN STORIES AT 1700 HOURS FGN 10 CHINA-INDIA-SENT-BORDER Don’t change the goals, don’t confuse border management with solving the border issue, Indian envoy to China Beijing: India …

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Turkish president refuses to acquire Russian missile defense system, despite potential risk to the United States

Turkish President Recep Tayyip Erdoğan said in an exclusive interview with CBS News this week that his government intends to challenge the United States and move forward with the purchase of another anti-defense system. -Russian-made anti-aircraft missile, despite repeated warnings that it endangers the security of the NATO alliance. Erdogan …

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World Business Quick Take – Taipei Times

COINS Turkish lira at historic low The Turkish lira fell to near an all-time high yesterday, a day after a surprise rate cut by the Turkish central bank, as broader emerging market currencies headed for their third consecutive weekly loss amid fears the group Chinese Evergrande (恆大 集團) is not …

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Turkish court rules ex-teacher tortured in custody

Turkey’s Constitutional Court ruled on May 18, 2021 that a former teacher arrested for links to the Gülen movement had been tortured in detention and his rights violated, Bold Medya reported. The court ordered that Eyüp Binici, 46, be paid 40,000 Turkish lira in compensation for being sexually assaulted, beaten …

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Fitch maintains pessimistic outlook for Turkish inflation

Fitch Ratings has revised upward Turkey’s economic growth forecast for 2021 to 9.2%, according to the rating agency’s Global Economic Outlook for September, released on September 16. The new figure is a massive upward revision from the agency’s previous update on August 13, when it revised Turkey’s growth forecast upward …

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Erdoğan promises to help Turkish exporters

Turkish President Recep Tayyip ErdoÄŸan on Saturday announced a number of measures to help the country’s exporters with the aim of boosting the Turkish economy by 2023. The initiatives announced by the Turkish president during the Export Champions program of the Turkish Exporters’ Assembly (TIM) in Istanbul include the restructuring …

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Senator berates Turkish leaders

ATHENS, Greece – U.S. Senate Foreign Relations Committee Chairman Bob Menendez criticized Turkey on Friday during a visit to Athens, saying its current leaders are not committed to the principles of democracy and Right wing state. Menendez, the Democratic senator from New Jersey, is in Greece to attend events celebrating …

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Greece, Turkey tackle massive forest fires

A firefighting helicopter shoots down as a forest fire burns in the village of Ippokratios Politia, north of Athens, Greece on August 6, 2021. Costas Baltas, Reuters Hundreds of firefighters battled a blaze on the outskirts of Athens on Friday as dozens of fires raged in Greece in what the …

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Turkey criticizes European court ruling on headscarf ban

ISTANBUL (AP) – Turkish President Recep Tayyip Erdogan’s spokesman on Sunday condemned a European Union court ruling allowing employers to ban staff from wearing Muslim headscarves as appeasing Islamophobia. “The European Court of Justice ruling on the headscarf in the workplace is another blow to the rights of Muslim women …

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Kuwaitis hail Turkish influence, praise Erdoğan

The Crown Prince of Kuwait, Sheikh Mishaal Al-Ahmad Al-Jaber Al-Sabah, stood out with a statement in which he described Turkish President Recep Tayyip ErdoÄŸan as a “brave man in his positions, his words and his acts ”. His stance has been seen by Kuwaiti analysts as an indication of major …

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REUTERS NEWS SCHEDULE AT 10PM GMT / 6PM ET

Here are the best stories and upcoming coverage plans for the Reuters text service at 10 p.m. GMT / 6 p.m. ET. For a full calendar of news and events, visit our editorial calendar on Reuters Connect here. BEST STORIES GLOBAL ETHIOPIA-ELECTION Ethiopian Prime Minister Abiy’s party wins landslide election …

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Turkey, US agree on ‘scope’ of Kabul airport security

DIYARBAKIR: Turkish President Recep Tayyip Erdogan said on Friday that Turkey and the United States had agreed on the “scope” of how to secure Kabul airport under the control of Turkish forces after the withdrawal Washington of Afghanistan. Turkey has pledged to ensure airport security once troops leave next month, …

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Turkey is preparing to become an energy hub

Turkey has dreamed of becoming an energy hub for decades, and as offshore energy projects in the Eastern Mediterranean expand, it looks like that dream is coming true soon. With the discovery of new offshore gases in the region, Ankara has stepped up its aggressive approach to become a true …

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Turkish lira hit again by Erdogan’s words

The USD / TRY is trading below its all-time highs, but that doesn’t mean a significant downtrend is about to emerge. The USD / TRY was hit by another foray of “economic policy bravado” from Turkish President Recep Erdogan last week, which pushed the Forex pair to new highs. Even …

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Gas news is no saving grace for the Turkish lira

Turkish President Tayyip Erdogan attends a press conference in Budapest, Hungary on November 7, 2019. REUTERS / Bernadett Szabo President Tayyip Erdogan lives up to his old tricks. The Turkish leader is expected to announce “good news” regarding natural gas in the Black Sea Read more, according to state media. …

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Turkey: Erdogan opens mosque in Taksim Square | News | DW

Turkish President Recep Tayyip Erdogan on Friday inaugurated a grand mosque in Istanbul’s Taksim Square, fulfilling his decades-old goal of building a Muslim place of worship in the heart of Turkey’s largest city. The imposing mosque has a dome 30 meters high and combines the Ottoman and contemporary arch. It …

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Support for Erdogan’s ruling party hits record high

Support for Turkish President Recep Tayyip Erdogan’s ruling justice and development party reached an all-time high in April, Bloomberg reported. Can Selcuki, head of Istanbul-based sociological agency Turkiye Raporu, noted that Erdogan’s sacking of the central bank head in March was a watershed moment for voters. Erdogan fired Naci Agbal …

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Erdogan’s $ 20 billion canal to nowhere

In April 2011, Turkish leader Recep Tayyip Erdogan outlined his vision for a nearly 50-kilometer canal connecting the Sea of ​​Marmara and the Black Sea parallel to the Bosphorus Strait, about 20 km to the east. A decade later, after countless shutdowns and starts, Turkish officials plan to inaugurate the …

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Turkey, Armenia and why Biden used the ‘G’ word

Turkey, Armenia and why Biden used the ‘G’ word Joe biden Every year as April 24 approaches, hasty preparations are made in Turkey to counter what countries with strong Armenian communities will do to commemorate the day. This date is the anniversary of the 1915 resettlement of Armenians living in …

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Former Boston Celtic Enes Kanter, targeted by Turkish government, joins Senator Ed Markey in condemning human rights abuses under President Recep Tayyip Erdogan

Former Boston Celtic Enes Kanter, who along with his family has been targeted by the Turkish government, joined Senator Ed Markey on Sunday in condemning human rights abuses in his home country. Kanter, currently a Portland Trail Blazers center, has repeatedly spoken out against Turkish President Recep Tayyip Erdogan, whose …

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Turkey’s Grand Canal plan divides the nation

For his supporters, this means investment, jobs and security for Istanbul, Turkey’s largest city. For its detractors, it means an eco-disaster, a waste of precious funds and a threat to one of the most important treaties underlining the security of the country. “ Kanal Istanbul ” – a project to …

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