Tag: Turkey

Turkey’s central bank sells foreign reserves to stem lira crash (Onur Ant and Selcan Hacaoglu, Bloomberg, Al Jazeera)

Turkey’s central bank fought to shore up the plunging lira, directly intervening in foreign-exchange markets for the first time in seven years. The central bank...

Why is Turkey’s lira crashing and will currency crisis worsen? (Patricia Sabga, Al Jazeera)

Once again, Turkey is in the throes of a currency crisis. The lira has lost more than 40 percent of its value against the...

Turkish opposition politician arrested for alleged espionage (Arab News)

Turkish authorities have arrested a prominent member of an opposition party over accusations that he engaged in “political and military espionage,” Turkey’s state-run news...

UAE, Turkey deepen economic ties with investment deals (Meneske Tokyay, Arab News)

Turkey welcomed Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al-Nahyan, the UAE’s de facto ruler, on Nov. 24, marking the highest-level visit to...

Turkish, Ukrainian companies team up for Mi-8 helicopter upgrades (Burak Ege Bekdil, Defense News)

Turkey’s largest defense company has signed a deal with two Ukrainian businesses to share upgrade work for Ukrainian-made Mi-8 helicopters. Military electronics specialist Aselsan will...

Turkish court rules to keep Osman Kavala in jail (Umar Farooq, Al Jazeera)

A court in Istanbul has ordered the continued detention of philanthropist Osman Kavala, in a move that could further strain Turkey’s ties with Europe. The...

Moscow Says It’s Ready To Help Armenia, Turkey Normalize Relations (RFE RL)

Russia says it is prepared to mediate efforts to repair relations between Armenia and Turkey following reports earlier this week of a request by...

Turkmen Leader Puts Son In Charge Of Oil-And-Gas Sector (RFE RL)

Turkmen President Gurbanguly Berdymukhammedov has put his son Serdar in charge of the country's oil-and-gas sector, in the latest sign that the authoritarian leader...

Turkish police fire tear gas at women protesters in Istanbul (Umar Farooq, Al Jazeera)

Turkish police fired tear gas and rubber bullets on Thursday to push back thousands of people, many of them women, who took to the...

Turkey’s central bank, banks discuss rates after lira tumble (Al Jazeera)

Turkey’s central bank governor said he discussed recent interest rate cuts with bankers at a meeting on Thursday after a slide in the lira...

UAE crown prince to meet Erdogan for talks to ‘improve relations’ (Al Jazeera)

Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al Nahyan, the UAE’s de facto ruler, will visit Turkey for talks with President Tayyip Erdogan,...

Turkey’s lira hits record low after Erdogan defends rate cuts (Al Jazeera)

The Turkish lira has hit a record low of 12.49 against the US dollar after President Recep Tayyip Erdogan defended recent sharp rate cuts. The Turkish...

Moscow Worried by Ankara’s Expansive Vision of ‘Turkic World’ (Paul Globe, The Jamestown Foundation)

Since the victory of Turkey’s ally Azerbaijan in the Second Karabakh War (September 27–November 9, 2020), Russian commentators have been concerned about Ankara’s efforts...

Iran, Turkey hope to sign ‘cooperation road map’ in Erdogan visit (Maziar Motamedi, Al Jazeera)

Iran and Turkey will continue high-level diplomatic talks to draft a “long-term cooperation road map” to boost ties, Foreign Minister Hossein Amirabdollahian has announced. “We...

UAE crown prince to visit Turkey for first time in ten years (Ragip Soylu, Middle East Eye)

United Arab Emirates Crown Prince Mohammed bin Zayed al Nahyan (MBZ) will visit Turkey next week for the first time in ten years, two Turkish officials told...

US and Turkey: It is not over yet (Dimitar Bechev, Al Jazeera)

On October 31, US President Joe Biden and Turkish President Recep Tayyip Erdogan met on the margins of the G20 gathering in Rome, ending...