Kilicdaroglu has doubled down on his resolve to send the nearly four million Syrians who have fled the civil war back to their homeland. In his first address after the election, he said, “As soon as I come to power, I will send all refugees home.” The promise represents his most concerted effort yet to […]
The second phase of the campaign is underway amid turmoil in the Turkish market, which has seen the lira close to historic lows against the dollar. Investors are starting to value Erdogan’s victory and the long-term continuation of his unorthodox economic policies. The cost of insuring Turkey’s debt risk is rising amid fears that the […]
For his part, Erdogan’s challenger Kilicdaroglu sought to put a positive spin on the result. In a series of tweets addressed to Erdogan, referring to less than 50 percent, Kilikdaroglu said, “The message of change has come from the ballot box. Those who want change in this country are now more than those who don’t […]
Hasnain Malik, Telemer, Dubai: “It is a major disappointment for investors hoping for a victory for opposition candidate (Kemal) Kılıçdaroğlu and his promise to reverse conservative economic policy; a hope reinforced by the return of rival centrist candidate Ines on 11 May. “For the Bulls on Turkish Assets, expectations have quickly shifted from a possible […]
Turkey led the presidential runoff after President Tayyip Erdogan outperformed projections in Sunday’s election as he sought to extend his two-decade rule, holding a huge lead over his rival, but fell short of an absolute majority. Neither Erdogan nor rival Kemal Kilicdaroglu cleared the 50 percent threshold needed to avoid a second round scheduled for […]
Turks will vote on Sunday in one of the most consequential elections in modern Turkey’s 100-year history, which could oust President Tayyip Erdogan after 20 years in power and halt his government’s increasingly authoritarian path. The vote will not only lead Turkey, a NATO-member country of 85 million, but also decide how it is governed, […]
President Recep Tayyip Erdogan on Thursday launched a new attack against Turkey’s LGBTQ community in a bid to rally his conservative voters in the May 14 elections. Turkey’s longest-serving leader has campaigned tirelessly since withdrawing over a health scare that sidelined him for three days last week. Polls show the 69-year-old running alongside left-wing secular […]
US President Joe Biden’s administration notified Congress on Monday of the planned sale to Turkey of avionics software upgrades for its existing fleet of F-16 fighter jets, a deal worth up to USD 259 million. The deal, first reported by Reuters on Monday, moves forward with the sale of a modernization package for Turkish planes […]
After completing the ratification process, both Turkey and Hungary are required to send their ratification documents to the US government in Washington, which is NATO’s depository under the alliance’s founding treaty. Stoltenberg will formally invite Finland to join NATO. The Finnish government said that as a final step, Finland would deliver an “instrument of accession” […]
The accord with Russia and Ukraine was struck by the United Nations and Turkey in July — and was renewed for another 120 days in November — to deal with a global food crisis that could lead to Russia’s February 24, 2022, invasion of Ukraine. And it was partly fuel. Black Sea blockade. Russia had […]
It said it had requested $113.5 million of the $1 billion in funds appealed by the United Nations last week, adding that it would focus the money on clearing mountains of debris. UNDP estimates that the disaster produced between 116 million and 210 million tons of debris, compared with 13 million tons of debris after […]
Turkey has stepped up plans to house victims of the devastating earthquake that hit its border region with Syria, the interior minister said, as the combined death toll in the two countries reached 50,000. Suleyman Soylu said 313,000 tents along with 100,000 container houses have been set up in the disaster zone, which stretches hundreds […]
