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  • Turkey’s Erdogan condemns Russia’s recognition of breakaway regions

    "We see this decision by Russia as unacceptable," Erdogan told reporters on a flight in Africa. "We repeat our call for common sense and respect for international law by all sides." Nato member Turkey, which shares a maritime border with both Ukraine and Russia in the Black Sea, has good ties with both its neighbours. Erdogan has offered to mediate in the conflict, both warning Russia against invading Ukraine and criticising the West's handling of the crisis

  • Turkey-Saudi Normalization: A Larger Regional Bloc at the Door?

    Turkey’s success as a rising independent defense model may encourage Saudi Arabia to do the same, either by cooperating or following Turkey’s footsteps. For both, the issue is to find alternative destinations for arms exports and imports. Saudi Arabia may look to Turkey not only for drones but also for “missile and radar technologies, electronic warfare, and air defense systems,” argues Furkan Halit Yolcu

  • Turkey’s $3 Billion Bond Is No Bargain Even as Buyers Line Up

    The nation sold $3 billion in five-year Islamic dollar notes on Wednesday, its largest overseas debt placement on record. While strong demand allowed the government to pay less than initially planned, the 7.25% yield is still higher than most sukuk bonds offer.

  • Turkey sending senior officials to Israel ahead of Herzog visit

    President Tayyip Erdogan's chief foreign policy adviser Ibrahim Kalin and Deputy Foreign Minister Sedat Onal, will lead a delegation on Feb. 16-17, the foreign ministry said, adding the officials would also meet Palestinian authorities.

  • Erdogan says Turkey continuing “positive dialogue” with Saudi Arabia – media

    Turkey is continuing a "positive dialogue" with Saudi Arabia and wants to take concrete steps in the coming days to improve ties, President Tayyip Erdogan was cited as saying on Wednesday, amid a regional charm offensive by Turkey to mend strained relations. Ties between Ankara and Riyadh have been troubled since the 2018 killing of Saudi journalist Jamal Khashoggi by a Saudi hit squad at the kingdom's consulate in Istanbul. Following Turkish demands for Crown Prince Mohammed bin Salman and other officials to be prosecuted, Riyadh imposed an unofficial boycott on goods from Turkey.

  • Erdogan Visit Underscores UAE-Turkey Rapprochement is at the Heart of Regional De-escalation

    Turkish President Recep Tayyip Erdogan arrived in the United Arab Emirates capital Abu Dhabi February 14 for a state visit that would have been hard to imagine for most of the past decade. Turkey and the UAE were at odds in a range of regional conflicts, notably in Libya, and in a protracted ideational and ideological struggle, along with Qatar, over the political legitimacy of Islamism and the role and future of the Muslim Brotherhood in the Arab world.

  • Turkey’s President Erdogan Visits UAE as Trade and Political Ties Deepen

    Turkish President Recep Tayyip Erdogan will hold talks with the de facto ruler of the United Arab Emirates in Abu Dhabi on Monday as the longtime Middle East rivals aim to unlock billions in trade and investment.

  • Why Turkey’s economic resilience has defied worst fears

    An economy with debt in dollars as high as Turkey’s should seemingly have imploded a long time ago under such currency volatility. The history of emerging markets is littered with balance of payments crises under similar foreign exchange depreciations. There might be several reasons for this resilience. For one, up until earlier this year, the Turkish authorities did what they always had done in the past when confronted with capital outflows and currency weakness: interest rate hikes, if only belatedly and often in an obfuscated manner.

  • Turkey: Erdogan tests positive for Covid-19

    Turkish president says he and his wife are experiencing 'mild symptoms' and attributes infection to the Omicron strain

  • Turkey, a Sometimes Wavering NATO Ally, Backs Ukraine – The New York Times

    In a public rebuke of Russia, Turkey will expand supplies of one of the Ukrainian Army’s most sophisticated weapons, a long-range, Turkish-made armed drone.