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☆ Airbnb's new chief business officer shares his top priorities for hosts and travelers
▼ + stars: | 2024-04-23 | by ( Ian Thomas | ) www.cnbc.com time to read: +4 min

As Airbnb's recently appointed chief business officer, Dave Stephenson is playing a crucial role in the company's future growth plans. He's also filling another role that is critical to that growth: an Airbnb host. An avid skier and hiker, Stephenson is quick to share details of the best trails with his guests. Airbnb is also looking to expand its services, making it easier to be a host as well as a guest. That could include helping hosts facilitate check-ins or helping them get the items they need for guests, like linens.

Persons: Airbnb's, Dave Stephenson, He's, Stephenson, Brian Chesky, Chesky, Airbnb Organizations: Airbnb, CBO, Netflix Locations: Ankara, Turkiye, Amazon, Seattle , Washington, that's, Germany, South Korea, Brazil, Bavaria, Washington

☆ Turkey may soon put its controversial Russian S-400 air defenses in operation
▼ + stars: | 2024-04-22 | by ( Paul Iddon | ) www.businessinsider.com time to read: +7 min

Turkey may deploy its Russian S-400 Triumf air defenses on the Iraqi border. Turkiye newspaper reported earlier this month that Turkey's S-400s may be deployed on the border, implying it will defend against drones allegedly acquired by the PKK. Since then, there has been no indication that Turkey's S-400s have been put into operation. "However, Turkey may use the potential threat of Iran-linked militia groups or PKK as a pretext to deploy S-400s." "Such a goal was unattainable and unrealistic given the extent of Turkey's integration into the NATO defense system," Ozeren said.

Persons: —, Hulusi Akar, Ali Bakir, Bakir, Suleyman Ozeren, Ozeren, Recep Tayyip Erdogan's, State Victoria Nuland Organizations: Service, Kurdistan Workers ' Party, PKK, Defense, Ibn Khaldon, Security Initiative, Business, Northern, American University, Orion Policy Institute, NATO, State Locations: Turkey, Russian, Israel, Iran, Iraqi Kurdistan, Ankara, Washington, Turkish, Qatar, Northern Iraq, Turkey's, Iraq, Moscow, Russia, NATO

☆ Turkey restricts exports to Israel, saying its request to airdrop aid to Gaza was denied
▼ + stars: | 2024-04-09 | by ( Scott Mclean | Caitlin Danaher | ) edition.cnn.com time to read: +3 min

Istanbul/London CNN —Turkey has announced restrictions on exports to Israel after the Turkish foreign minister accused Israel of denying a request to airdrop aid to Gaza. Speaking at a press conference in Ankara late Monday, the Turkish foreign minister said Turkey was taking “a series of new measures against Israel” after Israel had denied its request to join a Jordanian aid operation. “Today we learned that our request, which was welcomed by the Jordanian authorities, was rejected by Israel,” Hakan Fidan said. Along with the United Arab Emirates, Turkey is the biggest donor of aid to Gaza, according to Israel’s Coordinator of Government Activities in the Territories. In a statement Tuesday, the CHP criticized the Turkish government for continuing to trade with Israel despite publicly condemning its attacks on Gaza.

Persons: Israel, Israel ”, ” Hakan Fidan, Gazans, ”, Israel Katz, Recep Tayyip Erdogan, “, ” Katz, ” “, ” Volkan Demir, Lauren Izso, Anna Cooban Organizations: London CNN, Turkish Ministry of Trade, Israel, United Arab, Republican People’s Party, CHP Locations: Istanbul, London, Turkey, Israel, Gaza, Ankara, Jordanian, Territories, United States, ” “ Israel, United Arab Emirates, CHP’s, Tel Aviv

☆ Turkey's inflation climbs to 68.5% despite continued rate hikes
▼ + stars: | 2024-04-03 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

Cagla Gurdogan | ReutersTurkey's annual inflation rose to 68.5% for the month of March, an increase on February's 67.1% inflation read, according to the Turkish Statistical Institute's report released Wednesday. Turkey has launched a concerted effort to tackle soaring inflation with interest rate hikes, most recently raising the country's key rate from 45% to 50% in late March. watch nowMuch of the inflation in recent months stems from a significant increase to the minimum wage that Turkey's government mandated for 2024. Economists expect further rate hikes from the central bank will be necessary. Turkey's central bank implemented eight consecutive interest rate hikes from June 2023 to January 2024, totaling a cumulative 3,650 basis points.

Persons: Cagla Gurdogan, Nicholas Farr, Istanbul Mayor Ekrem Imamoglu, Umit Bektas Organizations: Reuters, Economics, Istanbul Mayor, Republican People's Party Locations: Ankara, Turkey, Europe, London, Istanbul Metropolitan, Istanbul

☆ Turkey’s main opposition party wins major cities in elections blow to Erdogan
▼ + stars: | 2024-04-01 | by ( Scott Mclean | Mohammed Tawfeeq | ) edition.cnn.com time to read: +3 min

Istanbul CNN —Turkey’s local elections on Sunday marked a major defeat for President Recep Tayyip Erdogan and his ruling Justice and Development (AK) Party, as the main opposition party claimed victory in key cities including Istanbul and Ankara. After his presidential victory, Erdogan had his sights on reclaiming cities lost to the opposition in 2019. Preliminary official results showed the opposition Republican People’s Party (CHP) had won 49 out of 81 municipalities including 14 out of 30 urban areas in the country, Turkey’s High Electoral Council said. The AK Party lost 10 Istanbul districts to rivals in the latest election. “Unfortunately, we could not get the result we wanted and hoped for in the local election test,” Erdogan said in a speech delivered Monday at AK Party headquarters in Ankara.

Persons: Recep Tayyip Erdogan, Erdogan, Kemal Kilicdaroglu, Ekrem, Mansur Yavas, Tugay, ” Imamoglu, ”, Beyoglu, ” Erdogan Organizations: Istanbul CNN —, Development, Party, Republican People’s Party, Electoral, CHP, TRT, Nationwide, “, Erdogan, Welfare Party, AK Party –, AK Party Locations: Istanbul, Ankara, Turkey, Izmir, “ Istanbul, Sunday’s

☆ Turkey's opposition party just won the local elections. It could prompt a change in the country's relationship with Russia.
▼ + stars: | 2024-04-01 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

Turkey's President's AK Party lost major local elections in Istanbul and Ankara. AdvertisementThe Turkish party led by President Recep Tayyip Erdoğan suffered big losses in local elections held on Sunday. But an opposition victory in the majority of the largest Turkish cities would have "a dampening effect on President Erdoğan's prestige at home," they wrote. Advertisement"The extent to which President Erdoğan can exercise his personal power at home will be a crucial factor that determines Turkey's international behavior," they added. To be sure, the elections on Sunday were local — Erdoğan already won the presidential election in May, securing another term for five years.

Persons: Turkey's, —, Recep Tayyip Erdoğan, Ekrem Imamoğlu, Erdoğan, Vladimir Putin —, Putin, Marc Pierieni, Francesco Siccardi, Erdoğan's, Russia —, Hakan Akbas, Albright, Erdogan Organizations: Turkey's President's AK Party, Service, CHP, Reuters, AK Party, AFP, NATO, Erdoğan's AK Party, Turkish, Carnegie, West, Sunday, AK, Group, AK Party's Locations: Istanbul, Ankara, Russia, Turkey, Carnegie Europe, Ukraine, Moscow, Europe, —

☆ Erdogan's rival leads in Istanbul in high-stakes Turkey vote
▼ + stars: | 2024-03-31 | by ( ) www.cnbc.com time to read: +2 min

Istanbul Mayor Ekrem Imamoglu led a challenger from President Tayyip Erdogan's AK Party in local elections on Sunday, an initial count showed, in a potential boost for the Turkish opposition's effort to reassert itself as a political force. In another blow to Erdogan, in the nation's second-largest city Ankara, incumbent opposition mayor Mansur Yavas declared victory over his AK Party (AKP) challenger less than three hours after polls closed in the nationwide municipal vote. The nationwide local elections are seen by analysts as a gauge of both Erdogan's support and the opposition's durability. Erdogan, who has led Turkey for more than two decades, campaigned hard for his party to reclaim control of Istanbul from rival Imamoglu, the incumbent mayor and potential future presidential challenger. According to official results based on 41.43% of ballot boxes opened, Imamoglu had 50% support compared with 41.26% for AK Party (AKP) challenger Murat Kurum, a former minister in Erdogan's national government.

Persons: Ekrem Imamoglu, Tayyip Erdogan's, Erdogan, Mansur Yavas, Imamoglu, Murat Kurum Organizations: Tayyip Erdogan's AK Party, AK Party, Anadolu Agency, Republican People's Party Locations: Istanbul, Turkish, Ankara, Turkey, Izmir, Bursa, Antalya, Adana

☆ Turkey's local elections — and whoever wins Istanbul — could dictate the future of the country
▼ + stars: | 2024-03-29 | by ( Natasha Turak | ) www.cnbc.com time to read: +6 min

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 ImagesTurkish President Recep Tayyip Erdogan once said that whoever wins Istanbul wins Turkey. This is odd but also shows how important it is to win Istanbul," Tunca said. Major Turkish cities like Istanbul and the capital Ankara will be key races to watch. Istanbul Municipality Mayor Ekrem İmamoğlu speaks at the 19 May Commemoration of Atatürk, Youth and Sports Day celebrations held at the Maltepe Event Area on May 19, 2023 on Istanbul, Turkey.

Persons: Recep Tayyip Erdogan, Imamoglu, Erdogan, People's Party's, Murat Kurum, Arda Tunca, Volodymyr Zelenskiy, Tayyip Erdogan, Umit Bektas, Tunca, Kristin Ronzi, RANE, Erdogan's, Ekrem İmamoğlu, Hakan Akgun, Turkey's, Ronzi Organizations: Getty, Istanbul, sympathizing, Development Party, AK Party, Imamoglu, AK, CNBC, European Union, NATO, Reuters, Party, Imamoglu's CHP, Turkey's, CHP Locations: Istanbul, Turkey, Ukraine, Russia, Arab, Turkish, Ankara, East, North Africa

☆ Spring equinox: First day of spring arrives
▼ + stars: | 2024-03-19 | by ( Forrest Brown | ) edition.cnn.com time to read: +7 min

The spring equinox will arrive exactly at 3:06 UTC (Coordinated Universal Time) on Wednesday, March 20, according to EarthSky. Click here to look up the exact moment of the spring equinox where you’re located. Spring equinox has another nameIf you ever hear anyone say “vernal equinox,” it means the same thing. Zhang Xiaoyu/Xinhua News Agency/Getty ImagesIn Japan, Vernal Equinox Day is a public holiday (on Wednesday, March 20, this year). In China, trying to stand an egg upright is a popular game during the spring equinox, according to VisitBeijing.com.

Persons: Tuesday •, •, • Chiang Mai, David Silverman, Alex Pena, It’s, you’ve, it’s, Hugo Borges, Itzá, El Castillo, Zhang Xiaoyu, ” Organizations: CNN, Tuesday, United, Southern, Anadolu Agency, Getty, NASA, Northern Hemisphere, Northern, Southern Hemisphere, National Weather Service, Heritage, Xinhua News Agency Locations: • Anchorage, Alaska, Vegas ( Nevada, Tuesday • Guadalajara, Mexico, Chicago, Illinois, Toronto, Canada, Jacksonville, Florida, Halifax, • Dublin, Ireland, Accra, Ghana, • Berlin, Germany, • Alexandria, Egypt, • Ankara, Turkey, • Dubai, United Arab Emirates, • Mumbai, India, Thailand, • Hong Kong, • Tokyo, Japan, Stellenbosch , South Africa, Northern, South, Quito, Ecuador, Singapore, San Andrés, Zapotitán, El Salvador, Pole, Scandinavia, Itzá, Yucatan State, AFP, England, Malta, Yoyogi, Tokyo, Vernal, Persian, China

☆ Turkey opts for new tightening strategy after signaling a pause to hikes
▼ + stars: | 2024-03-15 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

A picture taken on August 14, 2018 shows the logo of Turkey's Central Bank at the entrance of its headquarters in Ankara, Turkey. Turkey's central bank is opting for a different monetary tightening method as it grapples with climbing inflation, after previously signaling that its rate-hiking cycle was over. The institution sent a directive to lenders, effective Friday, instructing them to put parts of their required lira reserves into blocked accounts. Economic data platform Emerging Market Watch posted on X, describing the central bank as taking "another tightening step via reserve requirements." "Last week the CBRT tightened restrictions on lira loan growth, a move that would likely have a similar impact to an interest rate hike."

Persons: That's, Arda Tunca, Dan Murphy Organizations: Turkey's Central Bank, Reuters, CNBC, Capital Economics, FX, Economics Locations: Ankara, Turkey, Turkey's, Istanbul, Turkish, London

☆ Turkey's Erdogan Calls for Pressure on Israel to Allow More Aid Into Gaza
▼ + stars: | 2024-03-12 | by ( March | At P.M. | ) www.usnews.com time to read: +2 min

ANKARA (Reuters) - Turkish President Tayyip Erdogan on Tuesday called for increased international pressure on Israel to ensure more humanitarian aid is allowed into Gaza, and said Ankara will increase its support during the Muslim holy month of Ramadan. "We all know very well that as long as attacks on Gaza and the siege continues, the amount of aid is not enough. Of course, pressure needs to be put on Israel for this," he added, referring to Egypt's border crossing with Gaza. Last week, Turkey's Kizilay (Red Crescent) sent its biggest aid shipment yet to Gaza, dispatching a ship carrying some 3,000 tons of food, medicine and equipment. Netanyahu said on Tuesday that Israel would press forward with its military campaign into Rafah in the southern Gaza Strip.

Persons: Tayyip Erdogan, Israel, Erdogan, Benjamin Netanyahu, Turkey's Kizilay, Netanyahu, Susan Fenton Organizations: Israel Locations: ANKARA, Israel, Gaza, Ankara, Ramadan, Turkey, Egypt, Western, Rafah

☆ First direct evidence of prehistoric facial piercing in southwest Asia found in Turkey
▼ + stars: | 2024-03-11 | by ( Mindy Weisberger | ) edition.cnn.com time to read: +8 min

CNN —Archaeologists in Turkey have discovered groundbreaking evidence connecting prehistoric facial piercings to the bodies of the people who wore them. People of all ages were buried at Boncuklu Tarla, but the newly described ornaments were found only near the remains of adults. Shown here is one of the skulls from Boncuklu Tarla as it was found in the grave, with artifacts nearby. Emma L. Baysal‘Unbelievable’ quantityHunter-gatherers occupied Boncuklu Tarla from around 10,300 BC to 7100 BC, as people began to shift away from a nomadic lifestyle and form settlements. Archaeologists at Boncuklu Tarla in southeastern Turkey unearthed artifacts that were used as body piercings.

Persons: ”, Dusan Boric, Boric, Emma L, ” Baysal, “, Baysal, labrets, ” Dusan, “ It’s, Dusan, You’re, ’ ” Mindy Weisberger Organizations: CNN — Archaeologists, Sapienza Università, Roma, Tarla, Ankara University, CNN, Scientific Locations: Turkey, Asia, Boncuklu, Italy, Amazonia, Africa

☆ Turkey, U.S. discuss Ukraine, Gaza, ways to improve ties, foreign minister says
▼ + stars: | 2024-03-09 | by ( ) www.cnbc.com time to read: +2 min

Turkish and U.S. officials held comprehensive talks about the wars in Ukraine and Gaza and various bilateral issues during meetings in Washington, Turkey's foreign minister said late on Friday. The NATO allies started the meetings, dubbed the Strategic Mechanism, on Thursday to discuss efforts to move beyond deep policy disagreements and improve cooperation in other areas. Turkish foreign minister Hakan Fidan said officials from the countries held several rounds of discussions on topics including Syria, the Ukraine, Gaza, defense industry cooperation, energy, and counterterrorism. Turkey is also deeply concerned over U.S. support for Kurdish militants in Syria, whom Ankara deems terrorists. He said Turkey was open to discussing the matter but Washington needed to be "open minded".

Persons: Hakan Fidan, Fidan, Antony Blinken, Jake Sullivan Organizations: NATO, U.S Locations: U.S, Ukraine, Gaza, Washington, Turkish, Syria, Ankara, Turkey, Kyiv, Moscow, Russian

☆ Turkish Opposition Disarray Lifts Erdogan's Hopes of Winning Back Istanbul
▼ + stars: | 2024-03-07 | by ( March | At A.M. | ) www.usnews.com time to read: +3 min

The alliance that helped propel Imamoglu to victory in Istanbul has since collapsed, and his nationalist and pro-Kurdish allies are fielding their own candidates this month. FRAGMENTED OPPOSITIONBut Imamoglu's hopes in Istanbul have been dented by the decision of the pro-Kurdish DEM Party and the Turkish nationalist IYI Party, whose voters supported him in 2019, to field their own candidates. Metropoll's latest survey showed support for Imamoglu among Kurdish voters had declined to 32% last month from 35% in January. Support among IYI party voters fell to 45% from 64%. Imamoglu has accused central government of hampering his delivery of services in Istanbul since 2019.

Persons: Tayyip Erdogan's, Ekrem Imamoglu, Erdogan, Imamoglu, pollsters MAK, Murat Kurum, pollster Murat Gezici, Kurum, Sencar, pollsters Metropoll, Imamoglu's, Ertan Aksoy, Canan Sevgili, Daren Butler, Gareth Jones Organizations: Birsen Altayli, AK Party, CHP, AKP, DEM Party, Turkish, IYI Party, Aksoy Research Locations: Birsen, Birsen Altayli ISTANBUL, Istanbul, Turkey's, Israel, Gaza, Ankara, Turkish, Imamoglu's, Turkey

☆ A traditional Russian ally snubbed Moscow's latest fighter jets for competitors from Pakistan and Turkey
▼ + stars: | 2024-03-06 | by ( Paul Iddon | ) www.businessinsider.com time to read: +7 min

Azerbaijan's biggest arms supplier has been Russia but it will likely acquire jets from elsewhere. AdvertisementThe small, oil-rich South Caucasus country of Azerbaijan has big plans to upgrade its modest fleet of fighter jets over the next decade. However, rather than turn to Russia, its traditional arms supplier for decades, Baku will likely acquire modern fighters from Pakistan and Turkey. "Neither Russia nor Western democracies are ideal suppliers, even though Russia has historically sold arms to Azerbaijan," Roblin told Insider. Turkey provided training and arms that enabled Azerbaijan to defeat Armenia's armed forces in the 2020 war over the Nagorno-Karabakh enclave.

Persons: —, Frederico Borsari, Borsari, Sebastien Roblin, Roblin, Armenia's, Sukhoi Su, Tatyana Makeyeva Azerbaijan's, China's, Armenian Su Organizations: Service, Thunder, Turkey's TF, Center for, Business, Azerbaijan, Russian, Pakistan Aeronautical, Chengdu Aircraft Corporation, REUTERS, Armenia, Azerbaijan's MiG Locations: Russia, Moscow, Caucasus, Azerbaijan, Baku, Pakistan, Turkey, Pakistani, Ukraine, China, Armenia, Ankara, Nagorno, Karabakh, Zhukovsky, Soviet

☆ A 4,000-year-old lipstick uncovered in Iran may be the oldest ever found. It's uncannily similar to modern ones.
▼ + stars: | 2024-03-05 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +5 min

Read previewA small stone tube found among the remains of a mysterious Bronze Age culture could be the oldest known example of lipstick. That could make it the earliest example of lip paint ever found. AdvertisementA colorised picture shows the mineral composition of the paste found inside the tube, which scientists say is similar to modrn-day lipstick. AdvertisementFor Baysal, it makes sense that red paste is similar to modern-day cosmetics that would have been found millenia in the past. She said, however, that more research will be needed before we can confidently call the stone tube a lip paint container.

Persons: —, Massimo Vidale, Vidale, Emma Louise Baysal, wasn't, Jiroft Organizations: Service, Business, University of Padua, al, Ankara University Locations: Iran's Jiroft, Italy, Egypt

☆ Turkey is back in from the cold with NATO and F-16 moves, but thorny issues remain
▼ + stars: | 2024-02-21 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

Turkey spent nearly two years — along with Hungary — holding up Sweden's accession to NATO. Within hours of Ankara's decision, the U.S. approved a $23 billion sale for F-16 fighter jets to Turkey that had been delayed since 2021. It's worth noting that Hungary has yet to approve Sweden's NATO bid, and remains the only member of the alliance standing in the way of the Nordic country's accession. Turkey seemingly has a unique position that allows it to push the envelope and cross lines with its NATO allies. "My approval of Turkey's request to purchase F-16 aircraft has been contingent on Turkish approval of Sweden's NATO membership.

Persons: Turkey Recep Erdogan, It's, Recep Tayyip Erdogan, it's, Victoria Nuland, David Lepeska, Ben Cardin Organizations: NATO, Conference, Hungary —, UAE, Democratic, Senate Foreign Relations Locations: Turkey, Vilnius, Lithuania, Hungary, Sweden, Washington, Russian, Turkish, Eastern

☆ Close US partners in the Middle East demand air defenses after Iranian drone attacks
▼ + stars: | 2024-02-14 | by ( Paul Iddon | ) www.businessinsider.com time to read: +7 min

The US Congress has already asked DoD to develop a plan to equip the Peshmerga with air defenses. Iraqi Kurdistan expects the US to appreciate such stances and provide air defenses, given the high stakes for the autonomous region. Ceng Sagnic, chief of analysis of the geopolitical consultancy firm TAM-C Solutions, said “several considerations” are involved in supplying the Peshmerga air defenses. Turkey may not object to an American air defense provision to Iraqi Kurdistan under certain conditions. Advertisement“Using recent clashes as a reason to request additional US air defenses is likely to be viewed negatively in Ankara,” Ali Bakir, a Turkey expert and non-resident senior fellow at the Atlantic Council’s Middle East program, told BI.

Persons: —, America’s, Masrour Barzani, ” Mohammed Salih, ” Salih, Ceng Sagnic, ” Sagnic, Mazlum Kobane, ” Ali Bakir Organizations: DoD, Service, Kurdistan’s, NBC News, Foreign Policy Research Institute, TAM, C, ISIS, ”, Kurdistan Democratic Party, Patriotic Union of, Kurdistan Workers ’ Party, Syrian Democratic Forces, SDF, Reuters, US Locations: Kurdish, Syria, Turkey, Iraq’s Iran, United States, Iraqi Kurdistan, Jordan, Iran, Iraqi, Erbil, Jan, Washington, Iraq, American, Baghdad, Ankara, Patriotic Union of Kurdistan, Kurdistan

☆ Turkey's Erdogan on First Egypt Visit in Decade With Gaza in Focus
▼ + stars: | 2024-02-14 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +1 min

CAIRO/ANKARA (Reuters) -Turkish President Tayyip Erdogan made his first visit to Egypt since 2012 on Wednesday to meet President Abdel Fattah al-Sisi, taking a big step toward rebuilding ties between the regional powers. Erdogan has said discussions would focus on Israel's Gaza offensive. The visit caps diplomatic efforts in recent years to thaw the nations' frosty relations. They mutually appointed ambassadors last year, and this month Turkey said it would provide Egypt with armed drones. (Reporting by Nayera Abdallah and Tala Ramadan in Dubai, Ece Toksabay in Ankara, Writing by Jonathan Spicer; Editing by Andrew Heavens)Photos You Should See View All 22 Images

Persons: Tayyip Erdogan, Abdel Fattah al, Erdogan, Egypt's, Sisi, Mohamed Mursi, Nayera Abdallah, Tala, Jonathan Spicer, Andrew Heavens Organizations: Muslim, Ece Toksabay Locations: CAIRO, ANKARA, Egypt, Turkey, Israel, Gaza, Ankara, Cairo, Dubai

ISTANBUL (AP) — Turkey’s first astronaut returned home to a hero’s welcome Monday, portrayed as a symbol of the country’s advances in technology and aerospace. Alper Gezeravci was greeted by bouquet-laden children at Ankara’s Esenboga Airport as he returned from a private three-week mission to the International Space Station. His space flight, for which Turkey paid roughly $55 million, was the third such journey organized by Houston-based Axiom Space with NASA and SpaceX. A new page has been opened in space science and technologies for Turkey.”Turkey established its own space agency in 2018, and said it will land on the moon by 2026. They enjoyed a few extra days at the space station, waiting for the weather to improve in the splashdown zone.

Persons: — Turkey’s, Gezeravci, Recep Tayyip Erdogan, Erdogan, “, Mehmet Fatih Kacir, Walter Villadei, Sweden’s Marcus Wandt, Michael Lopez, Alegria Organizations: Ankara’s, International Space, Turkey, NASA, SpaceX, ” Industry, Technology Locations: ISTANBUL, Turkish, Turkey, ”, Florida, Houston, ” Turkey

Many worry that a second term for Trump would be an earthquake, but tremors already abound — and concerns are rising that the U.S. could grow less dependable regardless of who wins. Photos You Should See View All 21 ImagesBiden, in contrast, has made support for Ukraine a key priority and moral imperative. But many of America's European NATO allies are worried that with or without Trump, the U.S. is becoming less reliable. German Chancellor Olaf Scholz said he was “currently on the phone a lot with my colleagues and asking them to do more” to support Ukraine. Dalton, a former U.K. ambassador to Iran, said prospects for the Middle East would be “slightly worse” under Trump than Biden.

Persons: Joe Biden, Donald Trump, Emmanuel Macron’s, Trump, Germany’s Angela Merkel, Britain’s Theresa May, Recep Tayyip Erdogan, Vladimir Putin, Viktor Orbán “, ”, Biden, Richard Dalton, Olaf Scholz, “, Scholz, Macron, ” Macron, Boris Johnson, ” Johnson, Putin, Johnson, ” Bronwen Maddox, ” Trump, hasn't, —, Dalton, implore Biden, Itamar Ben, Israel, Turkey’s Erdogan, Sergey Lavrov, George W, Zhao Minghao, ” “, Jiwon, Kirsten Grieshaber, Dasha, Suzan Fraser, Nomaan Merchant Organizations: U.S, Trump, NATO, Congressional Republicans, Centre, Politics, University College London, Mail, Associated Press, Hamas, White, Russian, CBS, Biden, Fudan University Locations: U.S, gridlock, Congress, Ukraine, Europe, United States, British, German, Germany, ” Russia, China, Iran, North Korea, Russia, Tehran, Dalton, Israel, Gaza, Turkey, Shanghai, Seoul, South Korea, Berlin, Dasha Litvinova, Tallinn, Estonia, Ankara, Washington

ANKARA, Turkey (AP) — The work to tame inflation in Turkey — namely through interest rate hikes — will continue “with determination,” the country’s new central bank chief said Thursday, offering some certainty about efforts to right the battered economy following his precedessor's surprise resignation. The duty of the central bank is to ensure and maintain price stability,” Karahan told reporters in Turkey’s capital, Ankara. Erdogan, who has previously fired central bank governors who spurned his unorthodox policies, appointed the new economic team after getting reelected in May. The Turkish central bank most recently raised its key interest rate by 2.5 percentage points in January, when inflation reached nearly 65%. Despite such hikes, inflation remains high — consumer prices rose to an eye-watering 64.86% in January from a year earlier, according to figures released Monday, up from 64.77% in December.

Persons: Fatih Karahan, Goldman Sachs, Karahan, Mehmet Simsek, ” Karahan, Hafize Gaye Erkan, ”, Erkan, Recep Tayyip Erdogan's, Erdogan, ___ Robert Badendieck Organizations: Finance, Turkish Locations: ANKARA, Turkey, Ankara, Turkish, Ukraine, Istanbul

☆ Erdogan, Putin to Discuss Ukraine and Grain Deal During Turkey Visit -Minister
▼ + stars: | 2024-02-06 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +2 min

ANKARA (Reuters) - Turkish President Tayyip Erdogan and his Russian counterpart Vladimir Putin will discuss the war in Ukraine and the Black Sea Grain Initiative during a visit to Ankara by the Russian leader, Turkey's foreign minister said on Tuesday. A Turkish official told Reuters last week he would visit Turkey on Feb. 12. Ankara has sought to persuade Russia to return to the Black Sea Grain Initiative - brokered by Turkey and the United Nations - that ensured the safe export of Ukrainian grain during the war via the Black Sea. Speaking at a press conference in the Maltese capital Valletta, Fidan said Turkey was working with Ukraine and Russia to revive the accord. The Kremlin has said Erdogan and Putin would discuss setting up a gas hub in Turkey and the war in Ukraine during the visit.

Persons: Tayyip Erdogan, Vladimir Putin, Hakan Fidan, Fidan, Erdogan, Putin, Jonathan Spicer, Alison Williams Organizations: NATO, Reuters, United Nations, Kyiv Locations: ANKARA, Ukraine, Ankara, Russian, Turkey, Russia, Maltese, Valletta, Moscow, Syria, Libya, Southern Caucasus, Israel, Gaza

ISTANBUL (AP) — A year ago, a devastating 7.8 magnitude earthquake struck southern Turkey and northwestern Syria, causing widespread destruction and the loss of over 59,000 lives. Photos You Should See View All 45 ImagesThe disaster led to a massive international rescue and aid operation involving dozens of countries and organizations. The World Bank estimated the damage caused at $34.2 billion in Turkey and $5.1 billion in Syria. The East Anatolian fault system, where the disaster occurred, is near where the Anatolian, Arabian and African tectonic plates come together. The East Anatolian fault had last seen a quake of magnitude 7 or greater in 1822, when at least 10,000 were killed in Syria’s Aleppo.

Persons: Mehmet Ozhaseki, February’s, transgressors, Abby Sewell, Suzan Fraser Organizations: —, Turkey's, Interior Ministry, United Nations, World Bank, Food Program, WFP, Associated Press Locations: ISTANBUL, Turkey, Syria, Turkey’s Kahramanmaras, Idlib, Aleppo, Istanbul, Elazig, Hatay, SYRIA, Brussels, Beirut, Ankara

ISTANBUL (AP) — Turkey has seen its fifth central bank leader depart in as many years as Hafize Gaye Erkan, the first woman in the top role, stepped down after just eight months in the job. Photos You Should See View All 45 ImagesHere are key things to know about the central bank shakeup and what it means for Turkey's battered economy:WHY IS THERE A NEW CENTRAL BANK LEADER? Erkan resigned after weeks of media stories about her father’s undue influence in the central bank’s Istanbul office. Previous changes in central bank leadership has seen Erdogan row back on efforts to bring inflation under control through interest rate hikes. He was brought in as the bank’s deputy head at the same time Simsek took over the Finance Ministry and Erkan was appointed to lead the central bank.

Persons: Hafize Gaye Erkan, Goldman Sachs, Recep Tayyip Erdogan, — Erkan, ”, Fatih Karahan, Mehmet Simsek, Erdogan, Erkan, Karahan, Simsek's, Simsek, Liam Peach, Selcuki, ” “ It’s, ” Selcuki Organizations: —, Finance, WHO, FATIH, Finance Ministry, University of Pennsylvania, Federal Reserve Bank of New, Amazon, Capital Economics, Istanbul Economy Research Locations: ISTANBUL, — Turkey, Turkey, Istanbul, Simsek, U.S, Federal Reserve Bank of New York, Columbia, New York, Ankara

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