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ANKARA, Turkey (AP) — Turkey’s central bank raised its key interest rate by another 2.5 percentage points on Thursday, pressing ahead with a series of hikes aimed at combating inflation that reached nearly 65% in December. Erdogan is a longtime proponent of an unorthodox policy of cutting interest rates to fight inflation, which runs contrary to mainstream economic thinking. The European Central Bank is expected to keep its record-high benchmark rate steady at its meeting Thursday, following a rapid series of hikes over more than a year. Hafize Gaye Erkan, a former U.S.-based bank executive, took over as central bank governor in June, becoming the first woman to hold that position in Turkey. Previously, Erdogan had fired central governments who reportedly resisted his push to cut interest rates.
Persons: Recep Tayyip Erdogan, Erdogan, Merrill Lynch, Mehmet Simsek, Hafize Gaye Erkan, Erkan, Organizations: European Central Bank, Turkish Locations: ANKARA, Turkey, Ukraine, U.S
Here is a look at Sweden's complicated path toward NATO membership. Sweden has stayed out of military alliances for more than 200 years and long ruled out seeking NATO membership. But the Russian aggression caused a dramatic shift in both countries, with polls showing a surge in support for NATO membership. That leaves Hungary as the last hurdle for Sweden's NATO bid. Not surprisingly, Moscow reacted negatively to Sweden and Finland's decision to abandon nonalignment and seek NATO membership, and warned of unspecified countermeasures.
Persons: , hasn’t, Nonalignment, Recep Tayyip Erdogan, Erdogan, Viktor Orbán, Ulf Kristersson, Organizations: STOCKHOLM, NATO —, Nordic, NATO, Kurdistan Workers ’ Party, Kremlin, Swedish, ALLIANCE, Finns, RUSSIA, nonalignment Locations: NATO, Hungary, Sweden, Ukraine, Finland, Russia, Baltic, U.S, Turkey, Turkish, Swedish, Kurdistan, Stockholm, Budapest, SWEDEN, St, Petersburg, Kaliningrad, Moscow, Northern Europe
President Biden sent a letter to four senior members of Congress on Wednesday urging them to quickly approve a $20 billion sale of F-16 fighter jets to Turkey, following the vote one day earlier by Turkey’s Parliament to allow Sweden to join the North Atlantic Treaty Organization, according to three U.S. officials. The White House sent the letter to the top Democratic and Republican lawmakers on the Senate Foreign Relations Committee and the House Foreign Affairs Committee, which have oversight of arms transfers by the State Department to other nations. President Recep Tayyip Erdogan of Turkey, a member of NATO, has linked his country’s approval of Sweden’s accession to the security organization to the F-16 sales, which had been pending. Both Sweden and Finland had asked to join NATO after Russia’s full-scale invasion of Ukraine in February 2022, and the vast majority of the alliance’s members soon agreed. Turkey approved Finland’s bid but, along with Hungary, has withheld approval for Sweden.
Persons: Biden, Recep Tayyip Erdogan of Organizations: Atlantic Treaty Organization, White House, Democratic, Republican, Senate Foreign Relations, House Foreign Affairs Committee, State Department, NATO Locations: Turkey, Sweden, Recep Tayyip Erdogan of Turkey, Finland, Ukraine, Hungary
CNN —The Turkish parliament voted Tuesday to approve Sweden’s NATO membership bid. Of the 346 members of parliament who voted, 287 were in favor of Sweden’s accession and 55 voted to reject it. However, on Tuesday, Hungary’s Prime Minister Victor Orban said he had invited his Swedish counterpart, Ulf Kristersson, to visit Hungary to negotiate the terms of Sweden’s accession. Sweden and Finland applied for NATO membership in May 2022 following Russia’s invasion of Ukraine earlier that year. Erdogan initially objected to Sweden’s membership bid, accusing Swedish officials of being too lenient on military groups, including the Kurdistan Workers’ Party (PKK).
Persons: Recep Tayyip Erdogan, Victor Orban, Ulf Kristersson, Erdogan, Ben Cardin Organizations: CNN, Turkish, NATO, Foreign Affairs Commission, Hungary’s, Kurdistan Workers ’ Party, Foreign Locations: Turkish, Hungary, Sweden, Finland, Ukraine, Turkey, United States
BUDAPEST, Hungary (AP) — Hungarian Prime Minister Viktor Orbán sent a letter to his Swedish counterpart, Ulf Kristersson, inviting him to Budapest to discuss Sweden's accession into the NATO military alliance, Orbán wrote Tuesday in a post on X, formerly known as Twitter. The invitation comes as Hungary and Turkey remain the only NATO members not to have ratified Sweden's bid to join the alliance. Turkish President Recep Tayyip Erdogan lifted his opposition to Sweden's membership last year in response to efforts by Stockholm to tackle supporters of Kurdish militants and other groups in Sweden that Ankara views as security threats. Erdogan has also openly linked Sweden’s NATO membership to Ankara’s efforts to purchase U.S.-made F-16 fighter jets, and has called on Canada and other NATO allies to lift arms embargoes on Turkey. Sweden and Finland abandoned their decades-long neutrality and sought membership in NATO amid heightened security concerns following Russia’s invasion of Ukraine in February 2022.
Persons: Viktor Orbán, Ulf Kristersson, Orbán, Vladimir Putin, Recep Tayyip Erdogan, Erdogan Organizations: NATO, Twitter, Sweden's, Nordic, Fidesz Locations: BUDAPEST, Hungary, Hungarian, Budapest, Turkey, Ankara, Ukraine, Orbán, Turkish, Stockholm, Sweden, Canada, Finland
Turkish legislators on Tuesday endorsed Sweden's membership in NATO, lifting a major hurdle on the previously nonaligned country's entry into the military alliance. The legislators ratified Sweden's accession protocol by 287 votes to 55, with four abstentions. Hungary then becomes the only NATO ally not to have ratified Sweden's accession. Turkey's main opposition party also supported Sweden's membership in the alliance but a center-right party and the country's pro-Kurdish party declared they would oppose it. U.S. President Joe Biden's administration never formally tied the sale of the F-16s to Turkey's ratification of Sweden's NATO membership.
Persons: Tayyip Erdogan, Ulf Kristersson, Jens Stoltenberg, Sweden's, Recep Tayyip Erdogan, Burak Akcapar, Erdogan, Koray Aydin, Joe Biden's, John Kirby, Viktor Orbán Organizations: Swedish, NATO, Official Gazette, Ankara, Kurdistan Workers ' Party, Good Party, U.S . Congress, Administration, Turkey, National Security, Nordic Locations: Vilnius, Hungary, Turkey, Ankara, Stockholm, Kurdistan, Sweden, Turkey's, Canada, Washington, NATO, Finland, Ukraine, Budapest
An Israeli soccer player was briefly detained by the Turkish authorities and suspended by his club after he displayed a message of support for Israel during a game on Sunday. The player, Sagiv Jehezkel, a 28-year-old wing for the top-division club Antalyaspor, flashed the message after he scored the tying goal in a match. To celebrate, Mr. Jehezkel jogged to the corner of the field, where photographers were positioned, and pointed to a message on a band of tape on his left wrist. Mr. Jehezkel, in his statement to prosecutors, said his message was a call for the war to end, according to Turkish news media. On Sunday, the president of Antalyaspor, Sinan Boztepe, said the club’s board had suspended Mr. Jehezkel from the team.
Persons: Sagiv, Jehezkel jogged, David, , Adem Akalan, Jehezkel, Antalyaspor, Sinan Boztepe, Eden Karzev, Recep Tayyip Erdogan Organizations: Israel, Antalyaspor, Associated Press Turkish, , Hamas Locations: Israeli, Israel, Turkish, Turkey, Antalya, Gaza
The agency signed off on 11 bitcoin ETF applications, including funds from BlackRock , Fidelity, Ark Invest, WisdomTree and Grayscale. But there are things to consider before rushing to purchase bitcoin ETFs. 'Better than anything else on the market'While bitcoin carries risk, if you want to add exposure, experts say the new bitcoin ETFs could be worth considering compared to owning bitcoin directly or bitcoin futures ETFs. "These spot bitcoin ETFs are better than anything else on the market," said Armour, referring to other bitcoin investing options. The Grayscale Bitcoin Trust (GBTC) charged 2.0% before converting to a spot bitcoin ETF, and now has fees of 1.5%.
Persons: Bryan Armour, Armour, I'm, Ivory Johnson, Gary Gensler Organizations: . Securities, Exchange Commission, Fidelity, Ark Invest, North America, Morningstar, SEC, Delancey Wealth Management, CNBC's Locations: U.S, BlackRock, bitcoin, Washington ,
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 30 against the dollar, which was up 0.17% against the Turkish currency from the previous day's session. The beleaguered lira has fallen some 37% against the U.S. benchmark over the past year, as monetary policymakers try to combat double-digit inflation by steadily raising interest rates. Inflation in the country of roughly 84 million rose to 64.8% on an annual basis in December, up from 62% in November. It's still an improvement on the prior year, after Turkish inflation hit a peak of 85.5% in October 2022.
Persons: Recep Tayyip Erdogan, It's Organizations: U.S, Ankara Locations: Morgan's, New York
CNN —Israeli President Isaac Herzog spent his day on Friday meeting with high-profile leaders at the COP28 climate talks in Dubai. Herzog was supposed to give an address that day calling for action on the climate crisis. The Israel-Hamas war is casting a shadow over the COP28 climate talks. The UK's King Charles III shakes hands with Israeli President Isaac Herzog at the COP28 climate talks in Dubai on December 1, 2023. The Middle East has long been wracked with conflict, but the climate crisis was one area that was helping repair old rifts.
Persons: Isaac Herzog, Herzog, King Charles III, Recep Tayyip Erdogan, Cyril Ramaphosa, Israel, Rishi Sunak, Israel “, ” Sunak, Iran doesn’t, It’s, Jordanian King Abdullah II, , , Ulrich Eberle, Biden, ” Eberle, Joe Biden, , Jordan, Ayman Safadi, Al, haven’t, Alden Meyer, ” Alden, “ It’s Organizations: CNN, United Arab, European Union, United Nations, Hamas, Presidential Press, Reuters, South, Israel, UN, Crisis, Gaza, , UAE Locations: Dubai, Gaza, United Arab Emirates, Qatar, United Kingdom, India, Israel, Iran, China, Jordanian, SeanGallup, UAE, Palestinian, Al Jazeera, Ukraine
BRUSSELS — Sweden expects Turkey to approve its NATO membership "within weeks," the country's foreign affairs minister told CNBC after a months-long impasse over Stockholm's future within the alliance. Sweden sent a formal application to join NATO back in May 2022, alongside Finland. The latter became an official member in April 2023, but Sweden has been kept waiting by member nations Hungary and Turkey. During a NATO summit in July, Turkey's President Recep Tayyip Erdogan agreed to let Sweden into the alliance. "I had a bilateral with my colleague the foreign minister of Turkey, Hakan Fidan, where he told me he expects the ratification to take place within weeks," Swedish Minister for Foreign Affairs Tobias Billström said Wednesday in Brussels.
Persons: Recep Tayyip Erdoğan, Ulf Kristersson, Jens Stoltenberg, Hungary's, Recep Tayyip Erdogan, Hakan Fidan, Tobias Billström, Billström Organizations: Swedish, NATO, BRUSSELS —, CNBC, Kurdistan Workers Party, Foreign Locations: Vilnius, BRUSSELS, BRUSSELS — Sweden, Turkey, Sweden, Finland, Hungary, Turkish, Brussels
Washington CNN —Elon Musk is an increasingly important player in global affairs and has been touring the world to meet with political leaders in recent months. “We can observe Elon Musk’s Twitter/X activity that he regularly consumes right-wing content and this increased during COVID-19,” Facciani said in an email. More recently, however, Musk’s ambitions have come a bit closer to earth and become far more concrete. There are many world leaders who hold extreme or far-right views, of course. Musk’s outbursts that contradict widely held international norms and values are meant for a specific internet audience that Musk mistakes for being representative of the wider world.
Persons: Washington CNN — Elon Musk, White supremacists, Musk, Benjamin Netanyahu, It’s, George Soros, Netanyahu, Matthew Facciani, , Elon, ” Facciani, Vladimir Putin, Rishi Sunak, Recep Tayyip Erdogan, he’s, Ron DeSantis ’, Robert Kennedy Jr, , ” Musk, , reactionism Organizations: Washington CNN, Defamation League, Whites, White, The University of Notre Dame, Twitter, UK, Florida Republican Gov, United States Locations: Israel, Gaza, COVID, Ukraine, Crimea, Washington, United, Russia
BUDAPEST, Hungary (AP) — Turkish President Recep Tayyip Erdogan will visit Hungary's capital in December, his second trip to Budapest this year at a time when both countries remain the only NATO members not to have ratified Sweden's accession into the trans-Atlantic military alliance. It wasn't clear whether Erdogan and Orbán would discuss Sweden's NATO membership, which has been delayed for more than a year by Hungary and Turkey. Erdogan's government has delayed Sweden's ratification over accusations that Stockholm is too soft on Kurdish militants and other groups Turkey considers to be security threats. Finland became a NATO member in April after Turkey and Hungary were the last two members of the alliance to ratify the Nordic nation’s accession. Orbán's government has alleged that Swedish politicians have told “blatant lies” about the condition of Hungary’s democracy, but hasn't given specific conditions for approving Sweden's accession.
Persons: Recep Tayyip Erdogan, Erdogan, Bertalan Havasi, Viktor Orbán, Havasi didn't, Orbán, Hungary's, , ___ Suzan Fraser Organizations: NATO, Turkish Strategic Cooperation Council, Hungarian, ATV, Associated Press, Fidesz, Sweden’s Locations: BUDAPEST, Hungary, Budapest, Hungarian, Turkey, Stockholm, Sweden, Finland, Ukraine, , Ankara
But converting federal student loans into private debt can lead to the loss of a number of consumer protections, experts warn. Federal loans have more safeguardsThe most important thing to keep in mind when considering refinancing your federal student loans is that, should you move forward, your debt will be transferred to a private company, and become a private student loan. "Private student loans don't have the same benefits as federal student loans," Kantrowitz said. While federal student loan rates reset annually for new loans, they're fixed once disbursed. Federal student loan borrowers don't need to refinance to get a slightly better rate, Kantrowitz pointed out: Most student loan servicers will offer a 0.25% interest rate deduction when you sign up for automatic payments.
Persons: haven't, Mark Kantrowitz, Kantrowitz, Scott Buchanan, Buchanan, Betsy Mayotte, I've, servicers Organizations: Student Loan, Alliance, Finance, cryptocurrency, U.S . Department of Education, Federal Reserve, The, Student Loan Advisors, Federal Locations: U.S, Mayotte
Turkey’s central bank has raised interest rates to 40 percent, its highest level in nearly two decades, in a significant move to tame the country’s runaway inflation after the country’s president, Recep Tayyip Erdogan, had previously defied economic convention by cutting rates to slow price increases. The increase of 5 percentage points on Thursday, which was larger than expected and the sixth consecutive increase by the bank, came as inflation in Turkey is running at 61.36 percent. That has sent the cost of basic household necessities soaring and sharply devalued the country’s currency, the lira. Under Mr. Erdogan, Turkey has struggled with persistently high inflation in recent years. As a result, Turkey’s gross domestic product, the primary measure of economic output, boomed to nearly more than $1 trillion, making it the world’s 19th-largest economy.
Persons: Recep Tayyip Erdogan, Erdogan Organizations: Mr Locations: Turkey
Turkey's central bank raised interest rates by five percentage points on Thursday. It was the sixth consecutive rate hike and took the rate to 40%. AdvertisementANKARA, Turkey (AP) — Turkey's central bank delivered another huge interest rate hike on Thursday as it tries to curb double-digit inflation that has left households struggling to afford food and other basic goods. AdvertisementFollowing Erdogan's reelection in May, he appointed a new economic team, which has quickly moved toward reversing his previous policy of keeping interest rates low. Under Erkan's tenure, the central bank has hiked its main interest rate from 8.5% to 40%.
Persons: , Recep Tayyip Erdogan, Merrill Lynch, Mehmet Simsek, Hafize Gaye Erkan Organizations: Service Locations: ANKARA, Turkey, Ukraine, U.S
ANKARA, Turkey (AP) — Turkey’s central bank delivered another huge interest rate hike on Thursday as it tries to curb double-digit inflation that has left households struggling to afford food and other basic goods. The bank pushed its policy rate up by 5 percentage points, to 40%, marking its sixth big interest rate hike in a row focused on beating down inflation that hit an eye-watering 61.36% last month. President Recep Tayyip Erdogan has long been a proponent of an unorthodox policy of cutting interest rates to fight inflation and had fired central bank governors who resisted his rate-slashing policies. Other central banks around the world have raised interest rates rapidly to target spikes in consumer prices tied to the rebound from the COVID-19 pandemic and then Russia's war in Ukraine. Under Erkan’s tenure, the central bank has hiked its main interest rate from 8.5% to 40%.
Persons: Recep Tayyip Erdogan, Merrill Lynch, Mehmet Simsek, Hafize Gaye Erkan Locations: ANKARA, Turkey, Ukraine, U.S
A deal for a temporary cease fire was inching into view in Israel's war against Hamas, but Prime Minister Benjamin Netanyahu tempered expectations by vowing that the war would continue even if a deal is reached. “We are at war, and we will continue the war,” he said. Israel has vowed to continue the war until it destroys Hamas’ military capabilities and returns all hostages. Turkish President Recep Tayyip Erdogan, whose government maintains ties with Hamas officials, said Turkey’s foreign minister and intelligence chief were working with Qatari officials to negotiate releases. Hamas has released four hostages, Israel has rescued one, and the bodies of two were found near Shifa.
Persons: Benjamin Netanyahu, Netanyahu, Israel, Gaza — Israel, NETANYAHU, , , Mostafa Madbouly, ” Madbouly, Israel —, Hadas Kalderon, Kalderon, John Kirby, Kirby, “ We’ve, ” NETANYAHU, , ” Netanhayu, Khalil al, Hayya, Valdis Dombrovskis, ” BIDEN, WASHINGTON, Joe Biden, ” “, ” Biden, Biden's, Recep Tayyip Erdogan, Erdogan, Abdelmadjid Tebboune, Tebboune, ” Tebboune, ” Erdogan, Israel’s, Asad, Assad, Qassim Abdul, Bassem, Tara Copp, Benjamin Netanyahu’s, Sergey Lavrov, Lavrov, ” Lavrov, Ziad Makary, Farah Omar, Rabih Maamari, Kfar Kila, Laiqa Serhan, Reuters videojournalist, Abduallah, Qatar’s Al, Izzat, Ismail Haniyeh, Goren, Tal Chaimi, ” Netanyahu, Mosab Abu Toha, Hamza Abu Toha, Mosab, Hamza, ” Mosab Abu Toha, Abu, Abu Toha Organizations: Hamas, Senior, Palestinian, Troops, Health Ministry, West Bank, WAR, JERUSALEM, CAIRO —, Israel, White, National Security, Israel —, European Union, ” EU, HIT ISRAEL, Algerian, International Criminal, Hezbollah, Cabinet, MUSLIM, Arab League, Organization of Islamic Cooperation, United Nations Security Council, Lebanese, National News Agency, Reuters, Agence France, Jazeera, SEA DUBAI, United Arab Emirates, Galaxy Leader, U.S . Navy, OFFICIAL, PEN, Yorker Locations: Israel, United States, Qatar, Gaza, Gaza City, Gaza —, Iran, Yemen, Egypt, Cyprus, israel, Israeli, EGYPT, CAIRO, TEL AVIV, HAIFA, Beirut, EU, STRASBOURG, France, TURKEY, ALGERIA, GAZA ALGIERS, Algeria, Turkey, Turkish, BAGHDAD, Iraq, U.S, al, Baghdad, Anbar, Syria, Zahra, Bassem Mroue, Washington, JERUSALEM, , Russian, Moscow, Russia, LEBANON, ISRAEL, BEIRUT, Lebanon, Kibbutz Manara, Kfar, IRAN, YEMEN, United Arab, Tehran, American, Red, Persian, Hormuz, Shifa
Menendez's removal could be a game-changer for two countries who have long sought US fighter jets. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . His removal could be a game-changer for Egypt and Turkey — two important but vexing US allies — when it comes to buying modern US-made fighter jets to upgrade their air forces. Turkey's F-16 prospectsA Turkish F-16 during a NATO Air Policing mission out of Poland in August 2021. It has ordered 54 French-made Rafale multirole jets in a bid to, at least partially, diversify its overwhelmingly American-made fighter arsenal.
Persons: Sen, Bob Menendez, Menendez, , Bob Menendez's, Turkey's, Cuneyt, Getty Images Menendez, Recep Tayyip Erdogan, Erdogan, Ben Cardin, Getty Images Cardin, Cardin, Ryan Bohl, RANE, Bohl, Frank McKenzie, Derek Seifert Cairo, Su, Paul Iddon Organizations: Foreign, Service, New, New Jersey Democrat, Senate Foreign Relations, NATO Air Policing, Anadolu Agency, Getty Images, Turkish, NATO, Turkish Air Force, East, Business, US Air Force KC, 135R, US Air Force, Getty, US Central Command, State Department, Air Force Locations: New Jersey, Egypt, Turkey, Turkish, Poland, NATO, coziness, Russia, Malbork, North Africa, Israel, Cairo, China, Dubai, United States, France
Smoke billows during the Israeli military bombardment of the northern Gaza Strip on November 14, 2023, amid the ongoing battles between Israel and the Palestinian group Hamas. The military further reported locating a Hamas training encampment containing tunnel shafts, classrooms, intelligence materials and weapons. Meanwhile, Turkish President Recep Tayyip Erdogan struck a bellicose tone against Israeli Prime Minister Benjamin Netanyahu, accusing Israel of a strategy of "total destruction" in the Gaza Strip. "Israel is implementing a strategy of total destruction of a city and its people. My heart is at ease, I say openly that Israel is a terror state," Erdogan said in Google-translated comments reported by Turkish state agency Anadolu.
Persons: Israel, Shifa, Recep Tayyip Erdogan, Benjamin Netanyahu, Erdogan Organizations: Palestinian, Hamas, Israel Defense Forces, World Health Organization, WHO, Israeli, Google, Anadolu Locations: Gaza, Israel, Gaza City, Turkish
Two and a half weeks after sending tanks and ground troops into northern Gaza, Israeli forces entered a hospital early Wednesday that they claim Hamas operates out of. The Israeli army claims the militant group uses hospitals as cover for its fighters, and has set up its main command center in and beneath Shifa Hospital, the largest in the besieged territory. Both Hamas and Shifa Hospital staff deny the Israeli allegations. Both Hamas and Shifa Hospital staff deny the Israeli allegations. ISRAEL SAYS IT'S CARRYING OUT A ‘PRECISE AND TARGETED OPERATION’ INSIDE GAZA'S SHIFA HOSPITALJERUSALEM — The Israeli military says its forces have entered Gaza’s Shifa hospital, the site of a lengthy standoff.
Persons: Mohammed Zaqout, — Israel, , , Ahmed Mhanna, , Jabaliya, Mhanna, NETANYAHU, Benjamin Netanyahu, Netanyahu, ” Netanyahu, , Fahrettin Koca, Koca, Hossein Amirabdollahian, Martin Griffiths, Meirav Eilon Shahar, “ Israel, ” Philippe Lazzarini, CAIRO —, Munir al, Boursh, ” Israel, Hamas ”, Paltel, Israel, ” Griffiths, Shifa, that’s, Jonas Gahr Støre, Espen Barth Eide, ” Barth Eide, Recep Tayyip Erdogan, Erdogan, ” Erdogan, Israel —, Daniel Hagari, Hamas’s, ” Hagari, KHAN YOUNIS, Mohammad al, Abdallah, National Security Itamar Ben, Gvir, Nasser, Khan Younis, Catherine Russell, Russell, ” Russell, ISRAEL Organizations: Hamas, Shifa, Shifa Hospital, Health Ministry, . Security, ASEAN, AS, Awda Hospital, Awda, PEACEMAKING GROUP GENEVA, Centre, Associated Press, Iran's, Iranian, ” UN, UNRWA, United Nations, OFFICIAL, International Committee, COMMUNICATIONS COMPANY, UN OFFICIAL, Health Organization, ” FIRST, NTB, ISRAEL, TEL, Israeli Defense Forces, IDF, MINISTRY, Ministry of National Security, National Security, UNICEF, JERUSALEM Locations: Gaza, Israel, Shifa, Myanmar, Washington, israel, GAZA, CAIRO, Jabaliya, GAZA ZIKIM, Israeli, Gaza City, TURKEY ANKARA, Turkey, Egypt, Rafah, Geneva, Basque, Spain, Iranian, Iran, Palestine, , Territories, United States, JERUSALEM, Palestinian, GENEVA, what’s, GAZA COPENHAGEN, Denmark, Norwegian, Norway, ISRAEL ANKARA, Turkish, TEL AVIV, West Bank, Ben, Khan, SHIFA
A major federal corruption investigation into Mayor Eric Adams’s fund-raising is examining whether his campaign conspired with members of the Turkish government to receive illegal donations. Mr. Adams, a Democrat in his second year in office, has longstanding ties to Turkey. The mayor has said that he met the Turkish president, Recep Tayyip Erdogan, when he was Brooklyn borough president, and that he has visited the country at least six times. Federal authorities raided the home of Mr. Adams’s chief fund-raiser on Nov. 2, and then seized at least two cellphones and an iPad from Mr. Adams himself. Mr. Adams has defended his links to Turkey, arguing that they were part of his outreach to immigrant communities that have not always received attention from City Hall.
Persons: Eric Adams’s, Adams, Recep Tayyip Erdogan, Adams’s Organizations: Democrat, Turkish, Federal, City Hall Locations: Turkey, Turkish, Brooklyn, Manhattan
“There has been no indication that I’ve seen that the mayor is a target,” added his chief legal counsel at City Hall, Lisa Zornberg. The federal investigation burst into public view on Nov. 2 when agents searched the home of Adams' chief fundraiser during his 2021 mayoral campaign, Briana Suggs. Four days later, FBI agents stopped Adams as he was leaving a public event, asked his police security detail to step away and took his electronic devices. Political Cartoons View All 1247 ImagesThe U.S. attorney’s office in Manhattan, which is overseeing the probe, has declined to comment. “This is what we do as elected officials,” Adams said, adding that he was thinking of Turkish constituents in the city.
Persons: Eric Adams, , Lisa Zornberg, Adams, Briana Suggs, Suggs, Recep Tayyip Erdogan, Daniel Nigro, , Nigro, ” Adams, “ I’m Organizations: , — New York City, City Hall, FBI, The New York Times, Turkevi, city's Fire Department, Democratic Locations: — New York, Manhattan, The
CNN —Longtime political analyst Larry Sabato was asked by CNN anchor Jim Acosta this weekend about former President Donald Trump’s increasingly frequent mental lapses. In response, Sabato told Acosta the truth: Trump’s supporters “don’t care” if he’s lost a step or two. They thought Bush because Bush supposedly was a military person — great.” He then added about Bush, “He got us into the Middle East. In that same speech, Trump also erred in telling the audience that Orban’s nation shared a border with Russia. Thank you very much.”The problem was that Trump was in Sioux City, Iowa — not in Sioux Falls, a city in South Dakota.
Persons: Dean Obeidallah, CNN —, Larry Sabato, Jim Acosta, Donald Trump’s, Barack Obama — alarmingly, Sabato, Acosta, , he’s, Trump, ” Sabato, Barack Obama, Joe Biden, Obama, , couldn’t, “ Hillary Clinton ’, Biden, Jeb Bush, George W, Bush, Viktor Orban, Viktor Orban —, He’s, ” Trump, Orban, Hungary, Recep Tayyip Erdoğan, Sen, Brad Zaun, Obama ”, — Obama, Florida Gov Ron DeSantis, Donald Trump, won’t, Organizations: CNN, CNN — Longtime, White, Trump, Republican, , South, GOP, Iowa Republican, Florida Gov, Democratic Locations: United States, South Carolina, Florida, Iraq, New Hampshire, Turkey, Russia, Hungary, Sioux, Sioux City , Iowa, Sioux Falls, South Dakota, Iowa, Sioux City, Claremont , New Hampshire
Israelis spent 18 years watching Hamas turn to its military advantage every Israeli concession — including free electricity, cash transfers of Qatari funds, work permits for Gazans, thousands of truckloads of humanitarian goods. But while Israelis are still processing the horror from the south, the threat of war looms on every side. Bezalel Smotrich, the far-right finance minister, has even suggested effectively banning the Palestinian olive harvest, ostensibly for security reasons. In Turkey, President Recep Tayyip Erdogan, with whom Israel had been engaged in a careful rapprochement, has reverted to Islamist form. To many Israelis, there’s a distinct echo of what happened at German universities beginning about a century ago.
Persons: Will, won’t, Camp Iftach, Bezalel Smotrich, Vladimir Putin, Netanyahu, Recep Tayyip Erdogan, Israel, , It’s, ” Einat Wilf Organizations: West Bank, Palestinian Authority, Super, Harvard, Labor Party Locations: Israel, Gaza, Metula, Lebanon, Jenin, Nablus, Iran, China, Turkey, , West, Berlin, Sydney, Australia
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