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☆ Turkey's Erdogan says to discuss grain deal with UN's Guterres this month
▼ + stars: | 2023-09-05 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Umit Bektas/File Photo Acquire Licensing RightsANKARA, Sept 5 (Reuters) - President Tayyip Erdogan said Turkey is in close contact with the United Nations on reviving the Black Sea grain initiative and he will discuss it with Secretary-General Antonio Guterres at its general assembly this month, Turkish media reported. Speaking to reporters after talks in Russia with Vladimir Putin, Erdogan was quoted as saying the latest U.N. proposal sought to address some Russian demands, and he repeated he believed a solution could be found soon. NATO member Turkey is seeking to convince Russia to return to the so-called Black Sea Grain Initiative, brokered by Ankara and the United Nations. Erdogan will participate in the G20 summit in India on Sept. 9-10 before attending the U.N. General Assembly in New York on Sept. 18-26. "We will have meetings with Guterres there to discuss these issues," Erdogan was cited as saying.

Persons: Umit, Tayyip Erdogan, Antonio Guterres, Vladimir Putin, Erdogan, General Guterres, SWIFT, Putin, Daren Butler, Jonathan Spicer Organizations: REUTERS, Rights, United Nations, Agricultural Bank, TRT, Haberturk, NATO, Initiative, Moscow, General Assembly, Thomson Locations: Ukraine, Izmit, Kocaeli province, Turkey, Rights ANKARA, Russia, Moscow, Europe, Ankara, India, New York

☆ Turkey-Syria reconstruction costs to come to 'billions of dollars,' World Bank says
▼ + stars: | 2023-02-13 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

Turkish and Syrian reconstruction efforts in the wake of devastating twin earthquakes last week will cost "in the billions of dollars," according to Ferid Belhaj, World Bank vice president for Middle East and North Africa. The World Bank has already pledged roughly $1.8 billion of funding for Ankara and is pursuing relief aid for Syria, he said, in wake of the Feb. 6 tragedy that left over 35,000 dead. "On Turkey, the World Bank has committed about 1.8 billion dollars," he told CNBC's Hadley Gamble and Dan Murphy at the World Government Summit in Dubai on Monday. "This is because we had already a portfolio in Turkey, we had projects, and we were able to repurpose some of the funding." Comparatively, the 1999 earthquake of Marmara that struck the city of Izmit and killed over 17,000 people, resulted in $51.1 billion of losses.

☆ Analysis: Investors see Erdogan's earthquake response as pivotal
▼ + stars: | 2023-02-09 | by ( Marc Jones | ) www.reuters.com time to read: +4 min

Kopf was referring to Turkey's 2002 election which came three years after a 7.6 magnitude earthquake in Izmit near Istanbul that killed nearly 18,000 people. The southeast region hit by Monday's disaster accounts for a much smaller 9.3% of national GDP and a modest 8.5% of exports. Erik Meyersson, a senior economist at Handelsbanken, said it was that power that voters would now need to see working. "But if he bungles the response, perhaps this is the straw that breaks the camel's back." Magnitude 7.9 earthquake hit southern Turkey on Feb. 6Reporting by Marc Jones; Editing by Susan FentonOur Standards: The Thomson Reuters Trust Principles.

[1/2] A man stands near a damaged vehicle, following an earthquake, in rebel-held Azaz, Syria February 6, 2023. REUTERS/Mahmoud HassanoSummary Quake strikes central Turkey, northwest SyriaHundreds of buildings across the region brought downRescuers begin hunt for untold numbers trapped in rubbleDIYARBAKIR/ANKARA, Turkey, Feb 6 (Reuters) - A major earthquake of magnitude 7.9 struck central Turkey and northwest Syria on Monday, killing about 200 people as buildings collapsed across the snowy region, and triggering a search for survivors trapped in rubble. "I have never felt anything like it in the 40 years I've lived," said Erdem, a resident of the Turkish city of Gaziantep, near the quake's epicentre, who declined to give his surname. The United States was "profoundly concerned" about the quake in Turkey and Syria and was monitoring events closely, White House national security adviser Jake Sullivan said on Twitter. More than 17,000 people were killed in 1999 when a 7.6-magnitude quake struck Izmit, a city southeast of Istanbul.

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