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☆ Turkey’s president submits protocol for Sweden’s admission into NATO to parliament for ratification
▼ + stars: | 2023-10-23 | by ( ) www.cnbc.com time to read: +1 min

ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan has submitted a protocol for Sweden's admission into NATO to Turkey's parliament for ratification, his office said Monday. Erdogan had been delaying ratification of Sweden's membership, accusing Stockholm of being too soft on Kurdish militants and other groups he considers to be security threats. All 31 NATO allies must endorse Sweden's membership. It was not immediately known when Sweden's membership would come to the floor. Earlier this month, NATO Secretary General Jens Stoltenberg urged Turkey to quickly ratify Sweden's membership in the military organization.

Persons: Recep Tayyip Erdogan, Erdogan, Vladimir Putin, Jens Stoltenberg, Stoltenberg Organizations: Turkiye, Nation's, Culture Center, NATO, Turkish Grand National Assembly, Associated Press Locations: Ankara, Turkiye, ANKARA, Turkey, Stockholm, Sweden, Hungary, Finland, Russia, Ukraine, Brussels

☆ An 11,000-year-old statue of a man holding his penis could reveal secrets about a mysterious Neolithic culture
▼ + stars: | 2023-10-17 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +7 min

A 7.5-foot-tall statue of a man clutching his penis with both hands was uncovered in an ancient site. AdvertisementAdvertisementArchaeologists have uncovered an 11,000-year-old statue of a man clutching his penis — a discovery that could shed new light on a mysterious Neolithic culture. The Urfa man, a 6.2-foot-tall statue of a man seeming to protect his erect penis with both hands, was notably found nearby. Urfa man, also known as the Balikligol statue, is shown in at Archeology Museum in Sanliurfa on February 22, 2023. AdvertisementAdvertisementThe statue guards its mysterious meaningIt's not clear what the statue was meant to represent and how it fits within this mysterious Neolithic culture.

Persons: —, OZAN KOSE, Necmi Karul, Karahan, Gobekli, Esber, Sean Thomas, Thomas, Karul, Benjamin Arbuckle, Klaus Schmidt, Schmidt, Lee Clare, Clare, Ted Banning, Banning, Arbuckle Organizations: Service, Getty, Istanbul University, Agence France Presse, UNESCO, Archeology Museum, Anadolu Agency, The Spectator, AFP, University of North, Chapel, Smithsonian Magazine, Archaeological Institute, BBC, University of Toronto Locations: Karahan Tepe, Turkey, Karahantepe, Sanliurfa, AFP, Syria, Turkiye, Asia, University of North Carolina, Gobekli Tepe, Karahan, Gobekli

Turkey still has $2.5 billion earmarked in its budget for issuance this year - but could possibly go further than that, JPMorgan's Weiler told Reuters. Markets are expecting Turkey to come to market within days, though some are pointing to a country ratings review by S&P Global Ratings scheduled for Friday. Domestic appliance maker Arcelik last week became the first Turkish corporate to launch an international bond since January 2022. September is generally a busy month for emerging market issuers, though adding to the momentum was increasing risk appetite from investors, he said. Reporting by Karin Strohecker and Jorgelina do Rosario in London; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.

Persons: Stefan Weiler, Tayyip Erdogan, JPMorgan's Weiler, Weiler, Erdogan, Mehmet Simsek, Hafize Gaye Erkan, Fitch, " Weiler, Karin Strohecker, Jacqueline Wong Organizations: JPMorgan, Reuters, Wall Street, Turkiye, . Treasury, Thomson Locations: Ankara, Turkey, Africa, Rosario, London

☆ Turkish President Erdogan invites Elon Musk to build his next Tesla factory in Turkey
▼ + stars: | 2023-09-18 | by ( Natasha Turak | ) www.cnbc.com time to read: +4 min

Tom Williams | Cq-roll Call, Inc. | Getty ImagesTurkish President Recep Tayyip Erdogan invited Elon Musk to build his next Tesla factory in Turkey, the country's state media reported Monday. "Recalling that with the Turkish electric car Togg hitting the roads in Türkiye, Tesla entered the Turkish market, Erdogan called on Tesla to establish its seventh factory in Türkiye," Turkish state news agency Anadolu reported, citing the country's communications directorate. Musk replied that a number of Turkish suppliers are already working with Tesla and that Turkey "is among the most important candidates" for his next factory, Anadolu wrote. The department reports that of Turkey's manufacturing exports, 36% are medium-tech products and 3% are high-tech products. Anadolu Agency | Anadolu Agency | Getty Images

Persons: Elon Musk, Tesla, Tom Williams, Recep Tayyip Erdogan, Erdogan, Murat Kula, Teknofest, Musk, Malukas Organizations: Cq, Inc, Getty, Sunday, SpaceX, United Nations General Assembly, Turkish, UN, Anadolu, NEW, Elon, United Nations, Anadolu Agency, Getty Images, CNBC, Shanghai Gigafactory, Visual China, Manufacturing, Technology, U.S . Department of Commerce, AFP Locations: Turkey, New York, Manhattan, Turkish, Türkiye, United States, Anadolu, Shanghai, China, Mexico, India, Europe, Asia, Lithuania, Ukraine, Ankara, Turkiye

☆ Swedish foreign minister still hopeful Turkey will ratify NATO bid in Oct
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +2 min

[1/2] Swedish and NATO flags are seen printed on paper this illustration taken April 13, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSTOCKHOLM, Sept 1 (Reuters) - The Swedish foreign minister said on Friday he remained hopeful that Turkey will ratify Sweden's planned NATO membership when the Turkish parliament reconvenes in October, as agreed with President Tayyip Erdogan at a summit of the alliance in July. Sweden applied for NATO membership last year in response to Russia's invasion of Ukraine and most alliance members quickly ratified its bid. After months of pressure, Turkish President Tayyip Erdogan said after a NATO summit in Vilnius in July he would forward the ratification of Sweden's NATO bid to parliament in October when it reconvenes after the summer break. Tensions with Turkey have also been heightened by demonstrations in Sweden where protesters have burned copies of the Koran, enraging many Muslims.

Persons: Dado Ruvic, Sweden's, reconvenes, Tayyip Erdogan, Tobias Billstrom, Billstrom, Simon Johnson, Terje Solsvik Organizations: NATO, REUTERS, Rights, Turkish, U.S . Congress, Kurdistan Workers Party, Thomson Locations: Rights STOCKHOLM, Swedish, Turkey, Vilnius, Sweden, Ukraine, Turkiye, Ankara

☆ Turkey surprises with bigger-than-expected interest rate hike to 25% in bid to tame inflation
▼ + stars: | 2023-08-24 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Exterior of the Turkish Central Bank, known as Turkiye Cumhuriyet Merkez Bankasi in Ankara. In volatile trade after the announcement, the embattled Turkish lira gained ground against the U.S. dollar and euro. Ongoing firm inflation rates pushed the central bank to recently revise its inflation forecast for the year-end from 22.3% to 58%. On Thursday, the bank said it expected year-end inflation to sit in the "upper bound of the forecast range." The central bank on Thursday attributed the ongoing stickiness of national inflation to strong domestic demand, wage pressures, exchange rates, persistent services inflation and tax regulations.

Organizations: Turkish Central Bank, Reuters, Turkish, U.S . Locations: Ankara, Turkey's, London, Turkish

☆ Ukraine condemns 'provocative' Russian actions in Black Sea
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: +1 min

Palau-flagged vessel Sukru Okan transits Bosphorus on its way to the Black Sea in Istanbul, Turkey August 13, 2023 this screen grab from a video. REUTERS/Yoruk Isik/File PhotoKYIV, Aug 14 (Reuters) - Ukraine on Monday condemned what it called "provocative" Russian actions and called for decisive countermeasures by the international community, a day after Moscow said one of its warships had fired warning shots at a cargo vessel in the Black Sea. Moscow said in a statement on Sunday that its Vasily Bykov patrol ship fired automatic weapons on the Palau-flagged Sukru Okan vessel after the ship's captain failed to respond to a request to halt for an inspection. "The Ministry of Foreign Affairs of Ukraine strongly condemns the provocative actions carried out by the Russian Federation on August 13 in the Black Sea in relation to the Turkish dry cargo vessel 'Sukru Okan,' which was en route to the port of Izmail," the ministry said in a statement. Kyiv said the incident was a gross violation of international law and "exemplified Russia's deliberate policy of endangering the freedom of navigation and safety of commercial shipping in the Black Sea".

Persons: Yoruk, Vasily Bykov, Türkiye, Dan Peleschuk, Philippa Fletcher, Angus MacSwan Organizations: REUTERS, of Foreign Affairs, Russian Federation, Thomson Locations: Palau, Istanbul, Turkey, Ukraine, Moscow, Russia, Izmail

☆ Death toll from Maui fires rises to 53, governor says, and more than 1,000 structures have burned
▼ + stars: | 2023-08-10 | by ( ) www.cnbc.com time to read: +8 min

More than 1,000 structures were destroyed by fires that were still burning, he said. The hall of historic Waiola Church in Lahaina and nearby Lahaina Hongwanji Mission are engulfed in flames along Wainee Street on Tuesday, Aug. 8, 2023, in Lahaina, Hawaii. As she assessed the damage Thursday, she came upon a line of burned-out vehicles, some with charred bodies inside them. More than 270 structures have been damaged or destroyed, and dozens of people have been injured, including some critically. A charred boat lies in the scorched waterfront after wildfires fanned by the winds of a distant hurricane devastated Maui's city of Lahaina, Hawaii, U.S. August 9, 2023.

Persons: Josh Green, Matthew Thayer, Green, Tiffany Kidder, couldn't, Winn, Adam Weintraub, they'll, Weintraub, 60mph, Hurricane Dora, Bosco Bae, Bae, Marlon Vasquez, Vasquez, Eduardo, he's, Iiulia Yasso, Patrick T, Fallon, Hale Mahaolu, Louise Abihai, Vierra, Power, Dustin Johnson, Ed Sniffen, Thomas Smith, Mason Organizations: Associated Press, Maui News, Technologies, Getty, Hawaii Emergency Management Agency, Facebook, Kahului, AFP, Communications, Reuters Tourists, Hawaii Convention, London School of Economics, Political, Reuters Locations: Maui, Lahaina, Hawaii, Waiola, Lahaina Hongwanji, Lahaina , Hawaii, Banyan, California, Paradise, Maui County, Ankara, Turkiye, Hurricane, Guatemala, Kahului, U.S, Honolulu, Kihei, Maui's

☆ Abu Dhabi's ADQ signs $11.5 bln deals with Turkey for earthquake relief, exports
▼ + stars: | 2023-07-19 | by ( Yousef Saba | ) www.reuters.com time to read: +2 min

July 19 (Reuters) - Abu Dhabi sovereign wealth fund ADQ said on Wednesday it signed two memoranda of understanding to finance up to $8.5 billion of Turkey earthquake relief bonds and $3 billion in credit facilities to support Turkish exports. The bonds, agreed with Turkey's finance ministry, will fund "comprehensive reconstruction efforts in southern and central Turkiye," ADQ said in a statement. Abu Dhabi has also shifted to deploy more economic diplomacy, often using ADQ. IHC, also chaired by Sheikh Tahnoun, bought a 50% stake in Turkey's Kalyon Enerji for $490 million last August. Reporting by Yousef Saba; Additional reporting by Yomna Ehab; Editing by Peter Graff and Mike HarrisonOur Standards: The Thomson Reuters Trust Principles.

Persons: ADQ, Tayyip Erdogan, Abu, Abu Dhabi, Sheikh Tahnoun bin Zayed, Sheikh Mohammed, Sheikh Tahnoun, Yousef Saba, Yomna Ehab, Peter Graff, Mike Harrison Organizations: Export Credit Bank of Turkiye, United Arab, UAE, Thomson Locations: Abu Dhabi, Turkey, Turkiye, Syria, United Arab Emirates, Riyadh, Turkey's

☆ Russia axes landmark Ukraine grain deal just hours before deadline
▼ + stars: | 2023-07-17 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +3 min

First inked in July 2022, the U.N.-brokered Black Sea Grain Initiative has been repeatedly elongated in short increments, amid increasing discontent from Russia over perceived restrictions that limit the full dispatch of its own grain and fertilizer exports. The Black Sea grain initiative was set up to abate a global food crisis, after Moscow launched a full-scale invasion of fellow key grain exporter and neighbor Ukraine. "The Black Sea agreements ceased to be valid today. Unfortunately, the part relating to Russia in this Black Sea agreement has not been implemented so far. "I strongly condemn Russia's cynical move to terminate the Black Sea Grain Initiative, despite UN & Türkiye's efforts," European Commission President Ursula van der Leyen said on Twitter on Monday.

Persons: Vladimir Putin, Cyril Ramaphosa, Dmitry Peskov, Maria Zakharova, Peskov, Ursula van der Leyen Organizations: Initiative, South, Russian Federation, Google, Foreign Ministry, Russian Ministry of Foreign Affairs, Facebook, European, UN, Twitter Locations: Odessa, Ukraine, Russia, Russian, Moscow, Istanbul, Ankara, Kyiv

☆ When El Niño exacerbates global warming: Record heat, record flooding, record wildfires
▼ + stars: | 2023-07-15 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +11 min

Brown | Afp | Getty ImagesIf you feel like record-level extreme weather events are happening with alarming frequency, you're not alone. Global warming is making extreme weather events more severe, scientists said. But what is clear is that climate change makes it more likely that an extreme weather event will happen. "Higher temperatures from climate change are indisputable, and with each degree increase we're multiplying our changes of getting an extreme heat wave. Decreasing the greenhouse gas emissions released into the atmosphere by burning fossil fuels will help moderate the extreme weather trends.

Persons: Rai Rogers, Frederic J, Brown, Michael Mann, Brandon Bell, Phil Scott, Paul Ullrich, Mann, Ullrich, Justin Trudeau, El Niño, Timothy Canty, Canty, they're Organizations: Afp, Getty, University of Pennsylvania, CNBC, National Oceanic, Atmospheric Administration, NOAA, National Weather Service, Prediction, EMT, Emergency, Washington Post, The Washington Post, Anadolu Agency, University of California, Global, Wildfire, Bloomberg, University of Maryland, Government, Montreal Locations: Las Vegas , Nevada, California, Texas, Florida, United States, Northern, West Coast, Phoenix , Arizona, Nevada, Arizona, Montpelier , Vermont, Vermont, Canada, New York City, Anadolu, Davis, Lytton , British Columbia, El, Americas, Gulf, Pacific Northwest, Ohio, Northeastern, Ankara, Turkiye, Montreal

☆ Sweden's path to NATO membership cleared after Turkey greenlights bid
▼ + stars: | 2023-07-11 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +2 min

Turkey's President Recep Tayyip Erdogan agreed to back Sweden's bid to join NATO, clearing the latter's pathway to become a part of the military alliance. "Completing Sweden's accession to NATO is a historic step that benefits the security of all NATO allies at this critical time. The move was swiftly criticized and threatened to derail Sweden's NATO membership bid. NATO said Sweden and Turkey have cooperated closely to address the latter's security concerns since last year's summit. NATO's expansion along Europe's eastern flank with Finland and Sweden's membership could also make the military alliance "much stronger," Courtney added.

Persons: Recep Tayyip Erdogan, Jens Stoltenberg, Erdogan, Joe Biden, Erdoğan, William Courtney, Courtney Organizations: NATO, Turkey, PKK, Kurdish Workers ' Party, U.S, RAND Locations: Vilnius, Lithuania, Turkey, Sweden, Finland, Syria, Sweden's, Ankara

☆ US defense secretary discussed support for Turkish military modernization with counterpart
▼ + stars: | 2023-07-11 | by ( ) www.reuters.com time to read: 1 min

July 10 (Reuters) - U.S. Defense Secretary Lloyd Austin discussed support for Turkey's military modernization during a call with his Turkish counterpart, according to a U.S. readout released late on Monday after Turkey said it would back Sweden's NATO accession. Turkey requested in October 2021 to buy $20 billion of Lockheed Martin Corp (LMT.N) F-16 fighters and nearly 80 modernization kits for its existing warplanes. "They ... discussed the positive talks between Turkiye, Sweden, and NATO Secretary General Stoltenberg, as well as the Department of Defense's support for Turkiye's military modernization," the Pentagon said of the phone call between Austin and Turkish Defense Minister Yasar Guler. Reporting by Costas Pitas; Editing by Himani SarkarOur Standards: The Thomson Reuters Trust Principles.

Persons: Lloyd Austin, General Stoltenberg, Yasar Guler, Costas Pitas, Himani Sarkar Organizations: . Defense, Turkish, NATO, Lockheed Martin Corp, Department of, Pentagon, Turkish Defense, Thomson Locations: U.S, Turkey, Turkiye, Sweden, Austin

☆ Reactions to Turkey backing Sweden's NATO entry
▼ + stars: | 2023-07-10 | by ( ) www.reuters.com time to read: +2 min

Erdogan agreed to forward the membership bid to parliament, appearing to end months of drama over an issue that had strained the bloc. STATEMENT FOLLOWING TURKEY-SWEDEN-NATO MEETING"Both Türkiye and Sweden will look to maximise opportunities to increase bilateral trade and investments. U.S. PRESIDENT JOE BIDEN"I welcome the statement issued by Türkiye, Sweden and the NATO Secretary General this evening," he said in a statement. GERMAN FOREIGN MINISTER ANNALENA BAERBOCK"Good news from Vilnius: the path is finally clear for Turkey's ratification of Sweden's #NATO membership. FRENCH FOREIGN MINISTER CATHERINE COLONNA"I welcome Turkey's announcement of its intention to ratify Sweden's adhesion protocol to NATO and I hope that it happens quickly.

Persons: Tayyip Erdogan, Erdogan, GENERAL JENS STOLTENBERG, I'm, ULF KRISTERSSON, JOE BIDEN, ANNALENA BAERBOCK, JOSEP BORRELL, RISHI SUNAK, CATHERINE COLONNA, Costas Pitas, Maria Martinez, John Irish, Rosalba O'Brien Organizations: NATO, GENERAL, EU, Türkiye Customs, U.S, Türkiye, Twitter, Alliance, Thomson Locations: Russia, Ukraine, NATO, Sweden, TURKEY, SWEDEN, Türkiye's, Vilnius, EU, Europe

☆ 'We are in uncharted territory': World records hottest day ever for the third time in just four days
▼ + stars: | 2023-07-07 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

Unofficial data from U.S. researchers showed the planet's daily average temperature soared to 17.23 degrees Celsius (63.01 degrees Fahrenheit) on Thursday, surpassing two previous heat records registered in recent days. "The global temperature record smashed again yesterday," Bill McGuire, professor emeritus of geophysical and climate hazards at University College London, said via Twitter. The record was broken again on Tuesday, notching 17.18 degrees Celsius and remained at this record high level on Wednesday. climate researcher Leon Simons said via Twitter, citing the multiple heat records observed this week. A flurry of global heat records follows a series of mind-bending extreme weather events in recent months.

Persons: Yasin Demirci, El Niño, Bill McGuire, Leon Simons Organizations: Anadolu Agency, Getty, University College London, Twitter, University, Maine's Locations: Sarajevo, Bosnia, Herzegovina, U.S, Ankara, Turkiye

☆ How to sign up for Threads, Meta's new Twitter competitor
▼ + stars: | 2023-07-05 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

The logo of Threads is displayed on a mobile phone screen in front of a computer screen displaying the logo of Instagram in Ankara, Turkiye on July 04, 2023. Meta will officially release Threads, its text-based Twitter competitor, on Thursday, but for those who want to get ahead of the launch, there's a way to access your invitation now. The rate limits drove users to competing apps like Bluesky, the app backed by Twitter co-founder Jack Dorsey, which experienced "record-high traffic" on Saturday. Although the app is set to launch in the U.S. on Thursday, users based in the EU will reportedly have to wait. Open the Instagram app, search "Threads"Open the Instagram app and open the Explore page by clicking the magnifying glass icon in the bottom left.

Persons: Elon Musk, Jack Dorsey Organizations: Meta, Facebook, Twitter, EU Locations: Ankara, Turkiye, U.S

☆ This Clever Crossbody Bag Is My Secret to Stress-Free Travel Days
▼ + stars: | 2023-06-26 | by ( Hannah Selinger | ) www.wsj.com time to read: +4 min

Until, that is, a friend familiar with my travel-purse struggles surprised me with the gift of my new travel savior: the July “Carry Me” Bag. My small, handy purse helped me navigate a new-to-me place with ease, thanks to its clever construction. The Carry Me bag, available in seven different colors—I prefer the Clay hue—is no ordinary travel bag; I’ve had plenty of those. On hot days on my trips to both Turks & Caicos and Türkiye, being able to quickly open my bag and reach for my sunnies was essential. The Carry Me Bag also comes with a detachable, adjustable strap—an essential for my traveling purposes.

Persons: Hannah Selinger, fanny, it’s, I’m Locations: Caicos , New York, Türkiye, Istanbul, Australian

☆ U.S. still expects Sweden's NATO ascension by July despite Turkey tensions, U.S. ambassador says
▼ + stars: | 2023-06-16 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

Ambassador to Turkiye Jeffry Flake speaking in Washington D.C., United States on May 3, 2023. The U.S. is still holding out hope that Sweden will join NATO by July in spite of Turkey's apprehensions, Ambassador to Ankara Jeffry Flake said. "We hope Sweden can become a member of NATO soon," Flake told CNBC's Dan Murphy Friday, adding that Sweden has taken a number of measures to address Turkey's security concerns. Officials from Sweden, Turkey, Finland and NATO had convened in Ankara with hopes of easing Turkey's objections. Turkey, Finland and Sweden had last year inked an agreement to on the sidelines of the NATO summit in Madrid, committing to address Turkey's security demands.

Persons: Turkey's apprehensions, Ankara Jeffry Flake, Flake, CNBC's Dan Murphy, Recep Tayyip Erdogan, Erdogan Organizations: Washington D.C, NATO Locations: Washington, United States, U.S, Sweden, Ankara, Vilnius, Turkey, Finland, Turkish, Anadolu, Madrid

☆ Turkey's Erdogan appoints a former Goldman executive as its new central bank chief
▼ + stars: | 2023-06-09 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

Exterior of the Turkish Central Bank, known as Turkiye Cumhuriyet Merkez Bankasi in Ankara. Turkey's President Recep Tayyip Erdogan has appointed a former Wall Street banker Hafize Gaye Erkan as the country's new central bank governor — another move that could potentially mark a policy pivot away from economic unorthodoxy. Erkan, Turkey's first female central bank chief, was a former managing director at Goldman Sachs and co-CEO at First Republic Bank. She is also Turkey's fifth central bank governor in four years. The caveat would lie in how much autonomy the central bank could exercise, and to what extent —something that Demiralp says investors will have to wait and see.

Persons: Recep Tayyip Erdogan, Hafize Gaye Erkan, —, Turkey's, Goldman Sachs, Mehmet Simsek's, Selva Demiralp, Demiralp Organizations: Turkish Central Bank, Wall Street, First Republic Bank, Princeton, Koç University, CNBC Locations: Ankara, U.S, Istanbul

☆ US sanctions Iranian officials accused of plotting assassinations abroad including against Bolton and Pompeo
▼ + stars: | 2023-06-01 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +3 min

Washington CNN —The Biden administration on Thursday imposed sanctions on Iran’s Islamic Revolutionary Guard Corps officials accused of plotting assassinations abroad, including against former national security adviser John Bolton and former Secretary of State Mike Pompeo. “Ansari, with the support of Shahram Poursafi (Poursafi), an Iranian national, planned and attempted to assassinate two former U.S. government officials,” the Treasury Department said. Pompeo was also a target of the Iranian assassination plot, according to a federal law enforcement source familiar with the investigation and a source close to Pompeo. Seraj “has been involved in failed IRGC-IO operations in Asia and in intelligence operations targeting U.S. citizens,” it said. “Seraj previously led the IRGC-IO Special Operations Division, which is focused on special activity against Israel, where he was responsible for a series of failed operations targeting Israeli nationals,” it added.

Persons: Washington CNN —, Biden, John Bolton, Mike Pompeo, Mohammad Reza Ansari, “ Ansari, Shahram, Poursafi, Bolton, Bush, Qasem Soleimani, Pompeo, Hossein Hafez Amini, “, Rey Havacilik, Sirketi, – Rouhallah Bazghandi, Reza Seraj, Bazghandi “, ” “ Bazghandi, Seraj “, “ Seraj, Brian Nelson, ” Organizations: Washington CNN, Islamic Revolutionary Guard, Force, US Treasury Department, Treasury Department, US Justice Department, Trump, Turkish, Rey, Rey Airlines, IRGC Intelligence Organization, Division, Treasury, Terrorism, Financial Locations: United States, East, Europe, Africa, Iranian, Rey, Türkiye, Iraq, Syria, Istanbul, ”, Asia, Israel

☆ Turkey's market rout deepens after Erdogan's strong election showing
▼ + stars: | 2023-05-16 | by ( Libgeorge Canan Sevgili | Canan Sevgili | ) www.reuters.com time to read: +4 min

Ahead of the elections, opinion polls had showed Kilicdaroglu in the lead, and investors expected him to scrap some of Erdogan's economic policies, including costly efforts to prop up the lira currency. Longer-dated, dollar-denominated government bonds saw the biggest falls in fixed income markets, although key corporate and banking sector bonds also edged lower. Credit ratings agency Fitch said the political and economic uncertainty would continue at least until after the runoff. Banking stocks, which had surged in the week ahead of the election on hopes of a policy change, tumbled another 8% (.XBANK) to take their losses since the election to nearly 20%. The overall Istanbul bourse index (.XU100), which had notched a 6.1% fall on Monday, its largest daily percentage drop since early February, was mostly flat.

☆ President Erdogan is in a 'comfortable position,' Turkiye Raporu says
▼ + stars: | 2023-05-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPresident Erdogan is in a 'comfortable position,' Turkiye Raporu saysCan Selcuki, director at Turkiye Raporu, discusses Turkey's elections and explains why President Recep Tayyip Erdogan "doesn't need to change any of his rhetoric."

☆ 'Free speech opportunist' Elon Musk caved to government pressure to censor tweets ahead of the Turkish election. Critics argue SpaceX dealings with the country's right-wing leader may have caused the
▼ + stars: | 2023-05-14 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +9 min

Elon Musk's reputation as a free speech absolutist took another hit on Saturday after Twitter sided with the Turkish government and censored the accounts of political opponents ahead of a contentious election. Targeted Turkish dissidentsThe details of the legal request and which specific accounts were targeted were not made public. Yakut had previously shared information about Erdogan's governmental dealings and alleged the Turkish leader had been involved in the disappearance of his son-in-law, Turkish Minute reported last week. "I'm sure this is just a coincidence," users on Twitter posted, some sarcastically, circulating news of Musk's business dealings with Turkey. Musk and representatives for Twitter, SpaceX, and the Republic of Turkey did not immediately respond to Insider's requests for comment.

☆ As Turkey heads to the polls, currency traders are bracing for absolute chaos
▼ + stars: | 2023-05-12 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

Turkey is expected to head to the polls on Sunday. In the event of a victory by Erdogan, it's "highly likely the Turkish lira collapses within months," the founder of advisory firm Cribstone Strategic Macro Mike Harris told CNBC. "Ultimately the lack of confidence in investment will mean that the Turkish Lira will probably be among the worst performing currencies in the world for some time," he said. Turkey's monetary policy prioritizes the pursuit of growth and export competition rather than assuaging inflation. Erdogan endorses the unconventional view that raising interest rates increases inflation, rather than taming it.

☆ Turkey's Erdogan faces toughest test yet in landmark election — with high stakes for the world
▼ + stars: | 2023-05-12 | by ( Natasha Turak | ) www.cnbc.com time to read: +9 min

He came to prominence as mayor of Istanbul in the 1990s, and was celebrated in the first decade of the new millennium for transforming Turkey's economy into an emerging market powerhouse. But recent years have been far less rosy for the religiously conservative leader, whose own economic policies have triggered a cost-of-living crisis. Now, given a recent downturn in support for Erdogan, some fear he may play dirty to ensure his hold on power. The stakes are high for the entire country and, more broadly, global geopolitics – and the mood on the ground is tense. Mustafa Kamaci | Anadolu Agency | Getty Images"I'm very concerned that [Erdogan] may deploy underhanded tactics, cheating and even violence," Ibish said.

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