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  • Erdogan: Turkey will work to enhance relations with Saudi Arabia

    President Recep Tayyip Erdogan said Turkey will work to enhance its relations with Saudi Arabia, Al Arabiya reported. In May, Saudi Foreign Minister Prince Faisal bin Farhan received his Turkish counterpart Mevlut Cavusoglu in Makkah. They agreed to “work on positive issues on our common agenda and to hold regular consultations,” Cavusoglu said, adding: “Our close cooperation will contribute to stability, peace and prosperity in the region.

  • Turkey Currency Crisis Threatens Economy, Posing Challenge to Erdogan Rule

    The depreciating lira is a self-inflicted wound for Mr. Erdogan, who has pushed for lower interest rates as part of an unconventional economic strategy that he argues will encourage growth. Thursday’s rate cut was the third in three months and came after the president fired a series of senior officials who opposed his unorthodox economic vision.

  • Turkey says saddened by Lebanon-Gulf crisis, calls for diplomatic resolution

    Turkey is saddened by a crisis between Lebanon and Gulf states, Foreign Minister Mevlut Cavusoglu said during a visit to Beirut on Tuesday, calling for a resolution to the dispute through dialogue and diplomacy. Lebanon is facing its worst diplomatic crisis yet with Gulf states, spurred by a minister's critical comments about the Saudi-led intervention in Yemen that prompted Riyadh to expel Lebanon's ambassador, recall its own envoy and ban all imports from Lebanon.

  • Opinion: Turkey and Iran find soft power more difficult than hard power

    FATF placed Turkey on its grey list last week. It joins countries like Pakistan, Syria, South Sudan, and Yemen that have failed to comply with the group’s standards. The International Monetary Fund (IMF) warned earlier this year that greylisting would affect a country’s ability to borrow on international markets,  and cost it an equivalent of up to 3 per cent of gross domestic product as well as a drop in foreign direct investment.

  • Turkey to buy Russia fighter jets if the US fails to deliver F-16s, Turkish defence head says

    According to Turkey's NTV news channel, Demir stated today that "If the United States does not approve a deal on the F-16s after the situation with F-35 aircraft, Turkey won't be left without alternatives. The issue of Su-35 and Su-57 planes may surface again at any time."

  • Turkey: US proposed to sell it F-16 fighters

    Turkish President Recep Tayyip Erdogan said Oct. 17 the United States has proposed the sale of a batch of F-16 fighter jets to Turkey to compensate Turkey’s $1.4 billion investment in the U.S.-led multinational F-35 program. Turkey committed to buy more than 100 F-35s, but was removed from the program after it decided to purchase the Russian-made S-400 long-range air and anti-missile defense system.

  • Opinion: The High Cost of An Unpredictable Turkey

    With twenty months left until Turkey’s legislative and presidential elections, the political debate will be fierce. The West may choose to sit it out rather than see its relationship with Ankara deteriorate even further.

  • Turkey ratifies Paris climate agreement; last G20 country to do so

    Turkey's parliament ratified the Paris climate agreement on Wednesday, making it the last G20 country to do so, after holding off for years due to what it saw as injustices in its responsibilities as part of the agreement. Turkey has been a signatory to the Paris agreement since April 2016. But Ankara had not ratified the deal, arguing that it should not be considered a developed country as part of the agreement, which gives it more responsibility, as Turkey is historically responsible for a very small share of carbon emissions.

  • Erdogan says Turkey plans to buy more Russian defense systems

    "We continue to make clear to Turkey that any significant new Russian arms purchases would risk triggering CAATSA 231 sanctions separate from and in addition to those imposed in December 2020," the spokesperson added, referring to the 2017 Countering America’s Adversaries Through Sanctions Act.

  • Erdogan’s waning patience: Four questions for Turkey’s central bank

    Turkey's central bank has begun setting the stage for an interest rate cut long sought by President Tayyip Erdogan, although most analysts don't think it will pull the trigger this week after inflation jumped and the lira took a slide. The bank has kept its benchmark rate at 19% since March, when Erdogan installed Sahap Kavcioglu as its latest governor. That makes it one of the highest policy rates in the world - although so too is Turkey's inflation rate, which touched 19.25% last month.