Golden Horn and Bosphorus at sunset, Istanbul, Turkey Matteo Colombo | Digitalvision | Getty Images Investors who ran from Turkey in droves over the last several years may want to start heading back, the latest report from Citi on the country’s nascent signals. After more than half a decade of dramatically depreciating currency, burning through … Read more
As the sunsets, a ferry boat glides across the waters of the Golden Horn with the Suleymaniye Mosque and the city of Istanbul, Turkey in the background. Vw Pics | Universal Images Group | Getty Images Turkish President Recep Tayyip Erdogan once said that whoever wins Istanbul wins Turkey. If that’s the case, the stakes … Read more
The 70-year-old leader expressed confidence that his party would remain in power Istanbul: Turkey’s President Recep Tayyip Erdogan on Friday said that the country’s March local elections would be his last, suggesting an end to his more than two decades in power. It was the first time that Erdogan, who has been in power since … Read more
Vanishing Turkish Currency: 1 Turkish Lira with the Portrait of Kemal AtatürkTurkish Manuel Augusto Moreno | Moment | Getty Images The Turkish lira hit a fresh record low against the U.S. dollar on Thursday, trading at 30.005 to the greenback just before noon local time. It marks the first time that the lira has broken … Read more
US’ top diplomat Antony Blinken met Turkish President Recep Tayyip Erdogan in Istanbul Chania, Greece: Washington’s top diplomat Antony Blinken said Saturday that he wants to make sure the conflict in the Middle East “doesn’t spread”, as he held meetings in Turkey and Greece. Blinken, on a new tour of the Middle East, met Greek … Read more
NEW DELHI: During a session in the Turkish Parliament, Saadet Party Kocaeli Deputy Hasan Bitmez, aged 53, suffered a heart attack shortly after delivering a speech critical of Israel. In his address, which focused on the budget of the Ministry of Foreign Affairs, Bitmez made a poignant statement about Israel, saying, “Even if history remains … Read more
On Tuesday, Israel’s military entered Khan Younis, Gaza’s second-largest city, in its pursuit to wipe out the territory’s Hamas rulers. Palestinians displaced by the Israeli bombardment of the Gaza Strip set up a tent camp in Rafah on Wednesday, Dec. 6, 2023. (AP Photo/Hatem Ali) Israel’s widening air and ground offensive in southern Gaza has … Read more
The war has already killed more than 15,000 Palestinians and displaced over three-fourths of Gaza’s 2.3 million residents, who are running out of safe places to go. Palestinians inspect a house after it was hit by an Israeli airstrike in Deir al Balah, Gaza, on Monday, Dec. 4, 2023. (AP Photo/ Hatem Moussa) Israel-Hamas War: Israel’s … Read more
Erdogan came under fire in Germany for his criticism of Israel’s war against Hamas in Gaza. Berlin: Turkish President Recep Tayyip Erdogan said on a visit to Germany Friday that he saw all faiths as equal and rejected suggestions that his attacks on Israel had anti-Semitic undertones. The Turkish leader was making a sensitive visit … Read more
ANKARA: The Turkish Parliament‘s foreign affairs committee was scheduled on Thursday to start debating Sweden’s bid to join Nato, drawing the previously non-aligned country closer to membership in the Western military alliance. Once green-lighted by the committee, Sweden’s accession protocol will need to be ratified by Parliament’s general assembly for the last stage of the … Read more