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Those export controls, which "were imposed for important reasons," remain in place, Canadian Prime Minister Justin Trudeau's office said in statement. "The Prime Minister discussed Sweden's accession to NATO with our partners in Vilnius, including with President Erdogan," the statement said. Ahead of the NATO summit, Turkey, already seeking assurances over the F-16s in talks with Washington, asked that Canada's export controls also be rolled in to the final discussion, the person familiar with the talks said. At Vilnius, Canada outlined its position to Turkey on rules regarding uses of any exported technologies, and was awaiting a response. This means the talks on export controls are no longer frozen, a move that helped play a role sealing Erdogan's pledge over Sweden, the person said.

Persons: Erdogan, Tayyip Erdogan's greenlight, Justin Trudeau's, Joe Biden, Devlet Bahceli, We've, Huseyin Hayatsever, Jonathan Spicer, Steve Scherer, John Irish, Tom Perry, Jamie Freed Organizations: NATO, Atlantic, Organization, Canada, Canadian, Washington, U.S, Kurdistan Workers Party, European Union, Nationalist Movement Party, Erdogan's, Thomson Locations: Turkey, Erdogan, ANKARA, Canada, Ankara, Sweden, Stockholm, Vilnius, Washington, United States, Armenia, Nagorno, Karabakh, Finland, Turkish, Ukraine, Turkey's, Helsinki, European, Istanbul, Ottawa

☆ Former U.S. diplomat discusses Turkey's Erdogan and Sweden's NATO bid
▼ + stars: | 2023-07-11 | 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 EmailReasons to believe Erdogan would cave over Sweden's NATO bid after his reelection: Ex-U.S. diplomatWilliam Courtney, adjunct senior fellow at Rand and former U.S. ambassador to Georgia and Kazakhstan, discusses Turkish President Recep Tayyip Erdoğan's decision to back Sweden's bid to join the military alliance.

Persons: Erdogan, William Courtney, Rand, Recep Tayyip Erdoğan's Organizations: NATO Locations: U.S, Georgia, Kazakhstan

☆ Turkey isn't getting much use out of its Russian-made missile-defense system, but that's not why Erdogan is keeping it around
▼ + stars: | 2023-07-09 | by ( Constantine Atlamazoglou | ) www.businessinsider.com time to read: +8 min

The first parts of a Russian S-400 system are unloaded at an airport near Ankara in July 2019. Turkey's S-400 lacks that integration, as it hasn't been connected to NATO's radar network because alliance members fear that doing so could expose other systems to Russian observation. That made Russia's S-400 seem like not only a valid alternative but a preferable option to the US-made Patriot missile-defense system. (The US withdrew Patriot batteries from Turkey in late 2015, adding to Turkish concerns and desire for another air-defense system.) After the initial signing, the deal went into limbo over reported political disagreements and Turkey never received the system.

Persons: hasn't, Turkey's, Recep Tayyip Erdogan's, Lisel, David E, Banks, Erdogan, UMIT TURHAN COSKUN, Washington, Jens Stoltenberg, Orhan Cicek, MURAT CETINMUHURDAR Organizations: Service, Ankara, Turkish, NATO, Turkish Defence Ministry, Johns Hopkins University, King's College, Getty, ISIS, Kurdish PKK, Patriot, US, NATO NATO, Anadolu Agency Locations: Russian, Turkey, Ankara, Wall, Silicon, Russia, Turkish, King's College London, Hintz, Istanbul, AFP, Erdogan's, Washington, Kurdish, East, Eurasia, Banks, TURKISH, Moscow, France, Italy, Franco, Italian

☆ Turkey expects $10 billion in Gulf investments after upcoming Erdogan visit, sources say
▼ + stars: | 2023-07-07 | by ( Orhan Coskun | ) www.reuters.com time to read: +2 min

ANKARA, July 7 (Reuters) - Turkey expects Gulf countries to make direct investments of about $10 billion initially in domestic assets as part of President Tayyip Erdogan's trip to the region in two weeks, according to two senior Turkish officials. Direct investments worth about $10 billion "should come within a short time and this is crucial," said one of the officials. "Expectations are high for the Gulf visit. Reuters reported after the visit that Turkey came away expecting direct investments soon. The official said the expected investments from Gulf states would "show confidence in the Turkish economy since it would be direct investments, which is extremely important."

Persons: Tayyip Erdogan's, Erdogan, Abu Dhabi, Cevdet Yilmaz, Mehmet Simsek, Sheikh Mohammed bin Zayed, Yilmaz, Jonathan Spicer, Ros Russell Organizations: Turkish, United Arab Emirates, Reuters, Thomson Locations: ANKARA, Turkey, Saudi Arabia, Qatar, Riyadh, Doha, Abu, Ankara, UAE, Nahyan, Turkish

☆ Global markets in H1: Banks vs the machines
▼ + stars: | 2023-06-30 | by ( Marc Jones | ) www.reuters.com time to read: +6 min

Linking it all has been the relentless rise in interest rates, which was exactly what battered markets in 2022. But just that this time has been different due to an unshakeable view that the end of the cycle is near. A 12%, or $6 trillion, rally in value of world stocks (.MIWD00000PUS), (.FTAWORLDSR) although it has been ominously top heavy. Thanks largely to ChatGPT, the AI boom has seen the 'Big Tech' giants enjoy a combined surge of 70%. There have also been around a total of 90 interest rate hikes this year by central banks globally versus just 17 cuts.

Persons: Andrew Kelly, Lehman, Trevor Greetham, Gold, Viktor Szabo, Tayyip Erdogan's, haven't, bitcoin, Binance, Milla Savova, Dhara Ranasinghe, Tom Wilson, Rashmi Organizations: New York Stock Exchange, REUTERS, Nikkei, LONDON, Big Tech, Apple, Microsoft, Google, Netflix, Meta, Nvidia, Royal London Asset Management, Japan's Nikkei, U.S . Federal Reserve, European Central Bank, Bank of Japan's, Silicon Valley Bank, behemoth, UBS, Treasury, Wall, BlackRock, Commodities, Thomson Locations: New York City, U.S, El Salvador, Sri, Zambia, Ukraine, Pakistan, Argentina, Japan, Egypt, Nigeria, London

☆ Turkish lira sinks to fresh lows following the central bank's interest rate hike
▼ + stars: | 2023-06-23 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

Turkey's Taksim Square, with the figure of Kemal Ataturk, the first president, and the Turkish flag in the background. The Turkish lira sank to new record lows after Turkey's central bank raised the country's benchmark interest rate by 650 basis points in a dramatic monetary policy reversal. The central bank lifted its key interest rate by almost double, from 8.5% to 15% Thursday, marking the country's first hike since March 2021. The lira — which has been extending its plunge since President Recep Tayyip Erdogan's reelection — was last trading at 24.97 against the greenback. Newly appointed Governor Hafize Gaye Erkan hinted at more hikes until the inflation situation in the country improves.

Persons: Turkey's, Kemal Ataturk, Recep Tayyip Erdogan's, —, Steve Hanke, Hafize Gaye Erkan, Erkan Organizations: Turkish, Johns Hopkins University

☆ Turkey's lira hits fresh record lows after rate hike
▼ + stars: | 2023-06-23 | by ( ) www.reuters.com time to read: +1 min

ISTANBUL, June 23 (Reuters) - The Turkish lira weakened as much as 2.8% to a fresh record low early on Friday, extending losses as the central bank's large rate hike a day earlier, reversing President Tayyip Erdogan's policy, fell short of market expectations. The lira last traded at 25.2015, some 1.3% weaker than Thursday's close. At its weakest point of 25.59 it was nearly 27% weaker against the U.S. currency this year. The move marked a change in course after years of monetary easing in which the one-week repo rate (TRINT=ECI) had been cut to 8.5% from 19% in 2021 in an unorthodox policy pursued despite soaring inflation. Reporting by Can Sezer; Editing by Daren ButlerOur Standards: The Thomson Reuters Trust Principles.

Persons: Tayyip Erdogan's, Hafize Gaye Erkan, Erdogan, Erkan, Daren Butler Organizations: Thomson Locations: ISTANBUL, Turkey's

☆ CNBC Daily Open: Rate hikes and red lights
▼ + stars: | 2023-06-23 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. But May's inflation reading for the U.K. was a scorcher: Inflation last month remained unchanged from April, while core inflation actually rose from 6.8% to 7.1% year over year. Turkey's welcome hikeTurkey's central bank — under its new governor Hafize Gaye Erkan — doubled the country's interest rate from 8.5% to 15%. Yet market strategists from UBS and JPMorgan Chase and are already warning that the stock market may be overvalued.

Persons: BOE's, BOE, Hafize Gaye Erkan —, Recep Tayyip Erdogan's, Jerome Powell, Martin Gruenberg, Ocado, JPMorgan Chase Organizations: CNBC, of England, Federal, Nasdaq, Dow Jones Industrial, UBS, JPMorgan Locations: —

The central bank said inflation will come under further pressure. Erdogan said last week he approved the steps Simsek would take with the central bank, suggesting he had given the green light to rate hikes. The central bank's key rate remains below deposit rates that reach up to 40% and real rates are still deeply negative. The central bank's net reserves fell to a record low of negative $5.7 billion last month. Authorities hope foreign investors and hard currency will return after a years-long exodus, potentially reducing the central bank's need to intervene to keep the lira stable.

Persons: Tayyip Erdogan's, Hafize Gaye Erkan, Erkan, Erdogan, Mehmet Simsek, Piotr Matys, Ezgi Erkoyun, Ali Kucukgocmen, Christina Fincher, Daren Butler Organizations: Reuters Graphics, Wall Street, InTouch, Reuters, Thomson Locations: ISTANBUL, Ankara

☆ Asia shares buoyed by Fed pause bets; dollar heavy
▼ + stars: | 2023-06-09 | by ( Kevin Buckland | ) www.reuters.com time to read: +4 min

Japanese and Australian bond yields followed those on U.S. Treasuries lower, and the dollar remained on the defensive early in the Asian session. MSCI's broadest index of Asia-Pacific shares (.MIAP00000PUS) added 0.6%, and at one point touched its strongest level since Feb. 16. Traders now lay 1-in-4 odds for the Fed to raise rates by a quarter point on June 14, versus 75% probability of a pause. "I wouldn't go all in and say we're going to get a rate hike, but I think we should be at least 50% priced," said Tony Sycamore, an analyst at IG Markets in Sydney. The dollar added 0.15% to 139.135 yen , after earlier slipping to a one-week low of 138.765.

Persons: Hong, Tony Sycamore, Jerome, Powell's, Powell, undertightening, Tayyip Erdogan's, WTI fututes, Kevin Buckland, Stephen Coates Organizations: Federal Reserve, Japan's Nikkei, Nasdaq, Fed, Bank of Canada, Reserve Bank of Australia, IG Markets, New, U.S, West Texas, Brent, Thomson Locations: TOKYO, Asia, Pacific, Sydney, Tokyo, New York, U.S, United States, Iran

☆ Who is Hafize Gaye Erkan, Turkey's first female central bank chief?
▼ + stars: | 2023-06-09 | by ( Karin Strohecker | ) www.reuters.com time to read: +2 min

LONDON, June 9 (Reuters) - Turkey's new central bank governor Hafize Gaye Erkan faces the tough task of alleviating a bruising cost-of-living crisis while hoping to restore investor confidence at home and abroad after years of unorthodox policymaking. Appointed on Friday, the 43-year old is the first woman at the helm of the country's central bank, taking over from Sahap Kavcioglu, who spearheaded President Tayyip Erdogan's rate-cutting drive against a backdrop of soaring inflation. Her new role makes her one of only around a dozen women currently serving as central bank governors around the world, including the likes of ECB President Christine Lagarde, Russian Central Bank Governor Elvira Nabiullina and Serbia's Jorgovanka Tabakovic. Having spent all of her professional life outside Turkey, Erkan has no formal central banking experience, making her leanings for monetary policy unclear. Kathryn Wylde, president and CEO of Partnership for New York City, a nonprofit organization where Erkan once served as a board director, says Erkan was seen as "tough, smart, and effective."

Persons: Hafize Gaye Erkan, Sahap Kavcioglu, Tayyip Erdogan's, Christine Lagarde, Russian Central Bank Governor Elvira Nabiullina, Erkan, Goldman Sachs, Mark Carney, Mario Draghi, William Dudley, Goldman, Marsh McLennan, Kathryn Wylde, Wylde, Karin Strohecker, Jonathan Spicer, Hugh Lawson Organizations: Russian Central Bank Governor, Bogazici University, Harvard Business School's, Management, Research, Financial Engineering, Princeton University, Bank of Canada, Bank of England, New York Fed, First Republic Bank, Banking, Finance, New, Thomson Locations: Sahap, Istanbul, Turkey, New York City

The currency later recouped some of its losses, standing at 23.33 against the dollar by 0542 GMT, after touching a record low of 23.39 overnight during illiquid trading hours. "There is no air of panic in the markets as in previous times when there were such high losses. The central bank's net forex reserves hit an all-time low of negative $4.4 billion last month as demand surged through the elections. Investors are now awaiting the appointment of a new central bank governor to succeed Sahap Kavcioglu, who has spearheaded Erdogan's rate-slashing drive since 2021. Erdogan is considering appointing Hafize Gaye Erkan, a U.S.-based senior finance executive, as central bank governor, Reuters reported on Monday.

Persons: Tayyip Erdogan's, Erdogan, Mehmet Simsek, Simsek, Erik Meyersson, SEB, Meyersson, Sahap Kavcioglu, Hafize Gaye Erkan, Ali Kucukgocmen, Jonathan Spicer, Gareth Jones Organizations: Lira, Reuters, Thomson Locations: ISTANBUL, Ankara, U.S

☆ TRYing times: The slide and fall of the Turkish lira
▼ + stars: | 2023-06-07 | by ( Marc Jones | ) www.reuters.com time to read: +5 min

The central bank is however widely expected to get a new head in the coming days. Turkey's economy is no stranger to boom-and-bust cycles, oscillating between double-digit growth and contraction rates in recent years. 3/INFLATION PALPITATIONSA tumbling lira will fan fears over a fresh spike in inflation in the country which only last year saw it top 80%. "It's just so inevitable," Abrdn's head of local currency emerging market debt, Kieren Curtis, said referring to the lira's slump this week. He did add however that the compensation would be paid to depositors in lira rather than dollars or euros and that bill would be split between the Treasury and Central Bank.

Persons: Goldman Sachs, Ulrich Leuchtmann, Hasnain Malik, Erdogan, Tellimer's Malik, Kieren Curtis, Frank Gill, Tayyip Erdogan's, Karin Strohecker, David Evans Organizations: Wall, JPMorgan, FX, Reuters Graphics Reuters, International Monetary Fund, P Global, Treasury, Central Bank, Reuters, Thomson Locations: Ankara, Turkey, Commerzbank, Frankfurt, Tellimer

☆ Dollar edges up as markets weigh chances of Fed rate hike
▼ + stars: | 2023-06-05 | by ( Iain Withers | ) www.reuters.com time to read: +2 min

Markets now put the probability of a 25 basis point hike at the meeting on June 13-14 at 29.1%, down from 2-in-3 odds a week earlier. U.S. services data due later on Monday could give further clues, though analysts said core inflation data due next week was more likely to move the needle. "...the lack of other key inputs before next week's CPI [inflation data] could keep the dollar capped," currency analysts at ING said in a note. The Australian dollar fell 0.2% to $0.65905, ahead of a decision by the central bank on Tuesday on whether to raise rates that analysts said was on a knife-edge. The fall came despite the appointment of Mehmet Simsek as Turkey's finance minister, who won markets' confidence during previous stints in government between 2009 and 2018.

Persons: Christine Lagarde, Tayyip Erdogan's, Mehmet Simsek, Iain Withers, Kevin Buckland, William Maclean, Jason Neely Organizations: U.S . Federal Reserve, CPI, ING, European Central Bank, Thomson Locations: U.S, Turkish, Tokyo

☆ Turkish lira slips despite appointment of well-regarded finance minister
▼ + stars: | 2023-06-05 | by ( ) www.reuters.com time to read: +1 min

June 5 (Reuters) - Turkey's lira slid almost 1% on Monday in thin trading during the Asian day to weaken past 21 per dollar, in a shaky initial reaction to the appointment of highly-regarded Mehmet Simsek as finance minister. The lira hit 21.1 to the dollar, not far above a record low of 21.8 made last week. Simsek, 56, won markets' confidence during terms as finance minister and deputy prime minister between 2009 and 2018. Turkey's annual consumer price inflation hit a 24-year peak beyond 85% last year, and stood at 44% in April in a sign that further monetary tightening was required, according to Elmi. "A simple return to credible economic policy could see a marked change in Turkey's investment appeal," he said.

Persons: Mehmet Simsek, Tayyip Erdogan's, Mohammed Elmi, Tom Westbrook, Shri Navaratnam, Jamie Freed Organizations: Federated Hermes, Thomson Locations: Turkey

[1/3] A child walks at a polling station while people attend voting during the second round of the presidential election in Istanbul, Turkey May 28, 2023. REUTERS/Hannah McKayANKARA/ISTANBUL, May 28 (Reuters) - Here are some views from Turkish citizens as the country voted on Sunday in an election runoff that may extend President Tayyip Erdogan's rule into a third decade or see a transfer of power to his rival Kemal Kilicdaroglu. Nobody can deny this," said housewife Songul Aslan, 45, after voting for Erdogan. In Diyarbakir, largest city in the mainly Kurdish southeast:"In the first round I voted for Kilicdaroglu for the presidency. Change is essential to overcome the economic crisis and problems that Turkey faces, so I voted for Kilicdaroglu again.

☆ Erdogan rival pledges to repatriate all refugees before Turkey runoff
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +2 min

[1/2] Kemal Kilicdaroglu, presidential candidate of Turkey's main opposition alliance, speaks during a press conference ahead of the May 28 runoff vote, in Ankara, Turkey May 18, 2023. Kemal Kilicdaroglu, the candidate of a six-party opposition alliance, won 45% support in Sunday's vote while Erdogan got 49.5%, falling just short of the majority needed to avoid a runoff vote. Kilicdaroglu's latest comments came amid expectations that a third candidate in the presidential race would announce his decision for the runoff. Sinan Ogan, a nationalist politician endorsed by an anti-refugee party obtained 5.2%, which made him a kingmaker in the runoff vote. "I am announcing here: I will send all refugees back home once I am elected as president, period," he added.

☆ Turkish lira hits record low as bonds steady after post-election rout
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +2 min

LONDON, May 18 (Reuters) - Turkey's lira weakened to a record low against the dollar on Thursday, after incumbent Tayyip Erdogan's lead in presidential elections surprised markets, while the nation's sovereign dollar bonds steadied after a three-day post-election rout. The cost of insuring the country's debt against default fell slightly, but equity markets and banking stocks endured fresh losses in afternoon trading. The lira weakened to a record low of 19.8050 to the dollar by 1904 GMT, bringing its losses since the election to more than 1%. The 2045 bond gained close to one cent to trade at just over 70 cents on the dollar by 1300 GMT, Tradeweb data showed. Credit default swaps, which measure the cost of insuring the country's debt against default, narrowed by 8 basis points (bps) by mid afternoon, to 684 bps, data from S&P Global Market Intelligence showed.

Kilicdaroglu, chair of the secularist Republican People's Party (CHP), received 44.9% in what was seen as the biggest electoral challenge to Erdogan's 20-year rule. A third candidate, nationalist Sinan Ogan, obtained 5.17% and both Erdogan and Kilicdaroglu are expected to seek his endorsement in negotiations this week. Turkey hosts the world's largest refugee population of around 4 million, according to official figures. Supporters of Kemal Kilicdaroglu, presidential candidate of Turkey's main opposition alliance, rally outside the Republican People's Party (CHP) headquarters on election night in Ankara, Turkey May 14, 2023. In Wednesday's video, Kilicdaroglu also accused Erdogan of cooperating with the network Ankara accuses of orchestrating a 2016 coup attempt.

☆ ANALYST VIEW Markets tumble as Turkey faces runoff election after Erdogan leads first round
▼ + stars: | 2023-05-15 | by ( ) www.reuters.com time to read: +6 min

[1/2] Supporters of Turkish President Tayyip Erdogan wave flags outside the AK Party headquarters, in Ankara, Turkey May 15, 2023. DEBT: Five-year credit default swaps jumped over 100 basis points from Friday and dollar bonds fell more than 7 cents. STOCKS: Borsa Istanbul issued a market-wide circuit breaker after the benchmark index (.XU100) dropped 6.38% in pre-market trading and was last down 2.7%. PIOTR MATYS, SENIOR FOX ANALYST, IN TOUCH CAPITAL MARKETS, POLAND:"When/if President Erdogan is re-elected, the lira should be trading far more freely. CLEMENS GRAFE AND BASAK EDIZGIL, GOLDMAN SACHS, LONDON:"The (rates and CDS) market dynamics post the initial move will be dependent on the FX market.

☆ We're 'fully confident' that Erdogan will get people's support, AK Party MP 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 EmailWe're 'fully confident' that Erdogan will get people's support, AK Party MP saysRavza Kavakci, member of Parliament from Turkey's AK Party — President Recep Tayyip Erdogan's party — says "there's no doubt about the fairness of [the] election."

☆ Turkey's opposition sounds positive tone in landmark vote
▼ + stars: | 2023-05-14 | by ( ) www.reuters.com time to read: +1 min

ANKARA, May 14 (Reuters) - Turkey's opposition presidential candidate said on Sunday "we are leading" in initial election results in which President Tayyip Erdogan's 20-year rule was on the line, while opposition sources gave him a more than one percentage point lead. "We are leading," Kemal Kilicdaroglu of the six-party opposition alliance said on Twitter. Separately, four sources from the six-party opposition alliance told Reuters that Kilicdaroglu was leading Erdogan by a narrow margin according to initial results. They cautioned against relying on state-run Anadolu Agency results that gave Erdogan the initial edge. Earlier, Faik Oztrak, spokesman for Kilicdaroglu's Republican People's Party (CHP), said they were seeing a positive picture even as Anadolu showed Erdogan leading by 52% to 41% based on initial results.

☆ What the voters say as Turkey votes in landmark elections
▼ + stars: | 2023-05-14 | by ( Deniz Uyar | Oriana Boselli | ) www.reuters.com time to read: +4 min

ISTANBUL/ANTAKYA, Turkey, May 14 (Reuters) - Here are some views from Turkish citizens as their country voted on Sunday in elections that could extend President Tayyip Erdogan's rule into a third decade or see a transfer of power to his main rival Kemal Kilicdaroglu. I don't think it will go to a runoff," said school staff member Hasibe, 40, in the school where Erdogan voted on the Asian side of the city. I chose democracy and I hope that my country chooses democracy. "Of course, there are good things (Erdogan) did, but lately, they started to look down on and insult the nation. As you can see, even in elections, votes are being cast in ballot boxes outside," said school teacher Behzat Oz.

☆ Erdogan's future is in doubt, but Turkey's ties to Russia and tensions with the US aren't going anywhere
▼ + stars: | 2023-05-12 | by ( Matthew Mai | Defense Priorities | ) www.businessinsider.com time to read: +6 min

Western observers dislike Erdogan's foreign policy, but a different leader is unlikely to change course. Critics charge that President Recep Tayyip Erdogan's foreign policy is a direct outgrowth of his illiberal posture at home rather than shrewd geopolitics. Whether Erdogan or his challenger, Kemal Kilicdaroglu, wins, the interests guiding Turkey's foreign policy will require the same balancing act that eschews alignment with any great-power bloc and maximizes Ankara's freedom of action. Locals applaud as a convoy of Turkish trucks carrying tanks near Turkey's border with Syria in October 2019. By prioritizing independence and autonomy, foreign policy under a prospective Kilicdaroglu administration will embody a significant degree of continuity from his predecessor.

☆ Sudan faces displacement crisis as truce talks yield no progress
▼ + stars: | 2023-05-09 | by ( ) www.reuters.com time to read: +3 min

[1/5] Sudanese refugees, who fled the violence in their country, wait to receive food supplies from a Turkish aid group (IHH) near the border between Sudan and Chad in Koufroun, Chad May 7, 2023. The violence has accelerated a wave of people fleeing their homes, with the number of people internally displaced inside Sudan more than doubling in a week to more than 700,000 the U.N.'s migration agency said. Meanwhile there has been no outward sign of progress in the talks that have taken place in Saudi Arabia since Saturday despite their limited goal of a ceasefire to allow humanitarian access. "We believe the peaceful solution is the ideal route to handle this crisis," he said, but gave no indication he was ready to make concessions. Turkish President Tayyip Erdogan's office said he had spoken with Burhan on Tuesday and said Ankara was willing to host further talks on a more comprehensive settlement.

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