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☆ Turkey’s parliament approves Sweden’s NATO membership, lifting key a hurdle
▼ + stars: | 2024-01-23 | by ( ) www.cnbc.com time to read: +5 min

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

☆ Explainer-What Turkey Gained in Delaying Sweden's NATO Bid
▼ + stars: | 2024-01-23 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +4 min

Turkey ratified Finland's bid in April 2023 but, along with NATO member Hungary, has kept Sweden waiting. While Erdogan sent Sweden's NATO bid to Turkey's parliament for consideration last October, he openly linked the F-16s with its ultimate ratification. WHAT IS THE CURRENT STATE OF SWEDEN'S BID? Though Turkey was seen as the main hurdle, Hungary has also not ratified Sweden's bid. Hungary pledged not to be the last to ratify the bid, but its parliament is in recess until around mid-February.

Persons: Huseyin Hayatsever, Jonathan Spicer ANKARA, Tayyip Erdogan, Erdogan, Gunnar Strommer, Jens Stoltenberg, Thomas Goffus, Viktor Orban, Timothy Heritage Organizations: NATO, Ankara, Kurdistan Workers ' Party, European Union, Canada, U.S . Congress, Eurofighter Locations: Sweden, Finland, Ukraine, Turkey, Hungary, Stockholm, Helsinki, Washington, SWEDEN, FINLAND, Madrid, Kurdistan, Ankara, United States, Netherlands, SWEDEN'S

☆ Dollar struggles to retain gains even as March rate cut odds recede
▼ + stars: | 2024-01-22 | by ( ) www.cnbc.com time to read: +3 min

Japan's yen was the notable mover in otherwise quiet trading, as it tiptoed away from Friday's one-month low of 148.80. San Francisco Federal Reserve Bank President Mary Daly on Friday said she believes the U.S. economy and monetary policy are in a "good place" and it is premature to think rate cuts are imminent. Short-term interest rate futures market show traders are betting interest rate cuts will start in May, with the probability of a March cut dropping below 50%, down from near 80% in the first weeks of January, according to CME Group data. "The USD holds a fair relationship with the evolving implied pricing for a March Fed cut, where rate cut probability falls the USD rallies, and vice versa," he wrote. Much of the gains have come from investor bets on Fed rate cuts.

Persons: dovish, Mary Daly, Chris Weston, Pepperstone Organizations: U.S, of Japan's, Federal Reserve, San Francisco Federal Reserve Bank, Group, NatWest Markets, European Central Bank, ECB Locations: Japan, Europe, U.S

☆ Four Astronauts, Including Turkey's First, Arrive at Space Station
▼ + stars: | 2024-01-20 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +3 min

By Steve Gorman(Reuters) - A four-man crew including Turkey's first astronaut arrived at the International Space Station (ISS) early on Saturday for a two-week stay in the latest such mission arranged entirely at commercial expense by Texas-based startup company Axiom Space. The rendezvous came about 37 hours after the Axiom quartet's Thursday evening liftoff in a rocketship from NASA's Kennedy Space Center in Cape Canaveral, Florida. Once the astronauts reach the space station, they fall under the responsibility of NASA's mission control operation in Houston. The multinational team was led by Michael López-Alegría, 65, a Spanish-born retired NASA astronaut and Axiom executive making his sixth flight to the space station. Axiom also is one of a handful of companies building a commercial space station of its own intended to eventually replace the ISS, which NASA expects to retire around 2030.

Persons: Steve Gorman, Turkey's, NASA's, Michael López, Axiom's, Walter Villadei, Marcus Wandt, Alper Gezeravcı, David Evans Organizations: Reuters, Space, NASA's Kennedy Space Center, Elon, SpaceX, NASA, Italian Air Force, European Space Agency, Turkish Air Force, ISS Locations: Texas, Cape Canaveral , Florida, Houston, Spanish, Japan, Denmark, U.S, Canada, Los Angeles

☆ How my family of 4 spent nearly $10,000 on a Disney World vacation — and what we'll be cutting next time
▼ + stars: | 2024-01-18 | by ( Matt Cabral | ) www.businessinsider.com time to read: +7 min

My family of four recently spent nearly $10,000 on our eight-night trip to Disney World. Since we spent more than a day in each of our favorite parks, we didn't splurge on Genie+. AdvertisementWhen it comes to making magical memories at Disney World, my family of four has been there, done that, and gotten the T-shirt — and the collectible popcorn buckets. We spent our Epcot days sampling smaller bites around the World Showcase, which served as budget-friendly breakfasts, lunches, and dinners. Overall, if we return to Disney this year, we're going to rethink our dining budgetWe haven't decided whether we'll make it back to Disney World in 2024.

Persons: —, we've, Matt Cabral, Yehaa Bob Jackson —, Genie, We'd, Mickey isn't, it's, could've, Sally, we're, haven't, Heck Organizations: Disney, Service, Disney's Port, Christmas Party . Transportation, Port, Hollywood Studios, Animal Kingdom, Wine, Epcot, Christmas Party, Mad Tea Party, Tomorrowland Locations: Rhode Island, Orlando, Disney's Port Orleans, Providence , Rhode Island, Orleans, Riverside, Louisiana, Matt Cabral Port, Disney Springs, Kingdom, Epcot, USA

☆ Turkey Launches Airstrikes Against Militants in Iraq, Syria
▼ + stars: | 2024-01-16 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

ISTANBUL (Reuters) - Turkey's military carried out airstrikes against Kurdish militants in northern Iraq and Syria on Monday night, destroying 23 targets, the defence ministry said, sustaining an escalation of conflict south of the country's border. The upswing in violence began on Friday when nine Turkish soldiers were killed in clashes with Kurdistan Workers Party (PKK) militants in northern Iraq, prompting Ankara to conduct airstrikes and operations both there and in northern Syria. The latest airstrikes were carried out late on Monday in the Metina, Gara, Hakurk and Qandil regions of northern Iraq as well as in northern Syria to ensure border security and prevent attacks, the ministry said. Turkish forces regularly strike PKK militants based in the mountains of northern Iraq. Turkey has carried out a series of military incursions and bombing campaigns in Syria against the Kurdish YPG militia, which it regards as a wing of the PKK.

Persons: Daren Butler, Michael Perry Organizations: Kurdistan Workers Party, European Union, Kurdish YPG Locations: ISTANBUL, Iraq, Syria, Ankara, Gara, Hakurk, Turkey, United States, Turkish, Kurdish

☆ A Redditor discovered that a San Francisco pizzeria operates over 70 brands on DoorDash from its kitchen, selling pasta, wings, desserts, and halal food
▼ + stars: | 2024-01-16 | by ( Grace Dean | ) www.businessinsider.com time to read: +7 min

A San Francisco pizzeria appears to operate more than 70 virtual brands on DoorDash selling falafel, pasta, and wings. AdvertisementA pizzeria in San Francisco appears to operate more than 70 different virtual brands on DoorDash. Restaurants sometimes design their own virtual brands, but they can also host other virtual brands. Uber Eats removed 8,000 last spring and summer and DoorDash says it will remove brands that virtual brands quality requirements. Reddit users didn't seem surprised to discover that the Polk Street address operates a network of virtual brands.

Persons: Redditor, —, N'Sert, Hoodline, We're, Fresco, DoorDash, Uber, they've, Philly, Polk Organizations: San, Service, DoorDash, Business, Polk, Fresco Inc, Google, Cupid's Locations: San Francisco, Burger, DoorDash

☆ Turkish Strikes Hit Water, Power Infrastructure in Syria’s Kurdish-Held Northeast
▼ + stars: | 2024-01-15 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

BEIRUT (Reuters) - Turkey has carried out a wave of air strikes on electricity and oil infrastructure in Syria's Kurdish-held northeast that has put several power stations out of service, local sources and Syrian state media said on Monday. Hogir Najar, a media official at the Kurdish-run autonomous administration, told Reuters that at least 40 sites had been hit in Turkish shelling in the last two days, including power stations, water pumping stations and oil infrastructure. Syrian state television also reported the strikes on Monday, saying a Turkish drone had hit the Dirbasiyah power station and that Turkish air bombardment hit a power transfer station in the main town of Qamishli. Two water stations were also put out of service as Turkish strikes on Monday had cut off their electricity supply, Syria's state news agency SANA said. The air strikes destroyed targets consisting of caves, shelters and depots as well as a natural gas production facility, the ministry said in a statement on Sunday.

Persons: Hogir, Najar, SANA, Hussein Seifo, We're, Maya Gebeily, Angus MacSwan Organizations: Reuters, Kurdistan Workers Party, European Union, Turkey's National Intelligence Agency, MIT, Anadolu Agency Locations: BEIRUT, Turkey, Kurdish, Turkish, Qamishli, Syria, United States, Iraq, Anadolu

☆ Turkish lira hits fresh record low against the U.S. dollar
▼ + stars: | 2024-01-11 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

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

☆ Airbnb hosts are happily paying this startup $49 a month to take out the trash
▼ + stars: | 2024-01-06 | by ( Dan Latu | ) www.businessinsider.com time to read: +4 min

Some Airbnb guests have protested loudly that cleaning fees are too high and the chores some hosts request upon checkout are too onerous. For $49 a month, it's one less stressor for short-term rental property owners or managers in an increasingly competitive business. Courtesy of Can MonkeyCan Monkey has found customers by starting Facebook groups for Airbnb hosts and owners. Shapiro said he used to get kicked out of other Facebook groups for Airbnb hosts because he posted about Can Monkey, so he started his own. Can Monkey runners have seen guests throw out brand-new suitcases, expensive pool floats, and barely-used elaborate party decorations, he said.

Persons: —, Marc Zagoury, Monkey, Alex Shapiro, Shapiro, Uber, hasn't, It's Organizations: Service, Business, Facebook Locations: Scottsdale , Arizona, Phoenix, Scottsdale, Miami, San Diego, Austin, Denver, Orlando, Nashville, Airbnbs

☆ Moms Who Fly Business Class With Babies Say It Doesn't Disturb Others
▼ + stars: | 2024-01-05 | by ( Maria Noyen | ) www.businessinsider.com time to read: +8 min

Business Insider spoke to two millennial moms who always fly business class with their babies. Magdelena, 2, has flown business class on over half of the flights she's been on since her birth. Whether babies should be allowed in business class has long been debated. Advertisement"That doesn't happen in economy," Arbelaez-Chujfi said, adding that "in business class, you feel like somebody is looking after you." Courtesy of Sara Arbelaez-Chujfi"I always tell my friends with kids that fly economy, let's say London to Bogotá.

Persons: they've, —, Magdelena, Sara Arbelaez, Chujfi —, Chujfi, She's, Lucy Cafferkey, Tom, Edward, Edward ., babysit, Cafferkey, there's, Lucy Cafferkey's, it's, she's, Mary Organizations: Service, Nails Inc, British Airways, Air France's Locations: London, Colombia, Mexico, Los Angeles, Air France, Bogotá, Paris

☆ Best travel destinations to visit in 2024
▼ + stars: | 2024-01-01 | by ( Cnn Travel Staff | ) edition.cnn.com time to read: +32 min

cdwheatley/iStockphoto/Getty Images Angola: Beyond the capital city of Luanda, pictured, Angola has some jaw-droppingly spectacular scenery and cultural treats. David ChiaFF/Alamy Stock Photo Mérida, Mexico: Yucatán state's capital city showcases a blend of Mayan and colonial heritage. Pavel Tochinsky/The Image Bank RF/Getty Images Morocco: This North African country is home to nine UNESCO sites, including the historic city of Meknes, pictured. Panama City is also the only world capital with a tropical rainforest within its city limits. And a historic city forever entwined with the famed Camino de Santiago.

Persons: you’d, Tengguo Wu, Gabriele Thielmann, Turkey's, Gary Ennis, Matevz, Bill Bachman, Christian Kober, Gonzalo Azumendi, David ChiaFF, Pavel Tochinsky, Terry Kelly, Raul Rodriguez, iStock, Anton Petrus, –, — Karla Cripps Turkey’s, — Barry Neild, Mana Kaasik, — Maureen O’Hare, — Maggie Hiufu Wong, Deb Snelson, Glen Arbor, Marnie Hunter, — Forrest Brown, — Forrest Brown Angola Cristo, Eric Lafforgue, it’s, King, Eric Carr, John’s, Saint John, New Brunswick —, —, Tuul, Bruno Morandi, — Julia Buckley, Groenewald, Alamy, — Lilit Marcus, Alexander the Great, Philip II of Macedon, — JB, Bogdan Lazar, — Tamara Hardingham, Gill, Hercules, Francesca, Lazarus, ”, David Casanova, Megan Sequeira Casanova, “, Kuka y Naranjo, medina, Gordon Sinclair, Yvette Cardozo, — FB, Pierce Ingram, Stefan Tomic, Fujairah, who’ve, Samarkand —, It’s Organizations: CNN, United, CNN Travel, Getty Images, Town, Getty, Northwest, Saint, New Brunswick Tourism, UNESCO, Heritage, Alamy, Parque Nacional Volcán Barú, Galicia, Tercera Orden, Parque, Bank, Wakulla Springs, Texas, United Arab Emirates, AP, Rock, of Culture, Estonian National Museum, — Maggie Hiufu Wong Northwest Michigan, Bear, Farm, Riders, Lubango, — BN Saint John, Canada Tourists, St, Saint John City Market, Historic, Saint John Arts Centre, Carnegie, Carnegie Library, — KC, Korea, Folk, Netflix, South Korea, Adriatic, Nacional Glaciares, Australian Sea Lions, Panama, Spain Santiago de, Spain Santiago de Compostela Cathedral, Islas, Camino, Mexico People, YouTube, US State Department, Morocco, Regis Hotels, Resorts, — FB Texas, Travel Texas, Krause, Gruene, Fujairah, Icefjord, FS, Tuul, ” Locations: United States, Sumba, Indonesia Sumba, Indonesia, Bali, Getty Images Tartu, Estonia, Tartu —, European, Tainan, Taiwan, Northwest Michigan, Traverse City, Lake Michigan, iStockphoto, Western Balkans, Culebra , Puerto Rico, Flamenco, Culebra, cdwheatley, Angola, Luanda, , New Brunswick, Fundy, New Brunswick, New Brunswick Tourism South Korea, Korea Albania, Albania, Chile, mauritius, Western Australia, Greece, Macedonia, American, Panama, Spain, Camino, Santiago, St, John's, Mexico, Parque Hidalgo, Morocco, Meknes, Florida, Spicewood, Anton, Greenland, Denmark, AP Uzbekistan, Bukhara, Indonesian, Sumela, Turkey's, — Barry Neild Tartu, Estonia Tartu, of Culture Tartu, Tartu, “, Baltics, — Maureen O’Hare Tainan, Taiwan Tainan, Taipei, — Maggie Hiufu Wong Northwest, Lake, Traverse, Leland, Glen, perusing, Balkans, Slovenia, Bosnia, Herzegovina, North Macedonia, Serbia, transdinarica.com, —, Puerto Rico, It’s, — Forrest Brown Angola, Lubango, Barra, Cabo Ledo, — BN Saint John , New Brunswick, Canada, Hopewell, Newfoundland, Saint, Canada’s, Korea Andong, South Korea, Sanga, Korea, Seoul, Busan, Andong, Albania Albania, Berat, Montenegro, Vlorë, Gjirokastër, — Julia Buckley Chile, Atacama, Patagonia, Coral Coast, Geraldton, — Lilit Marcus Macedonia, Thessaloniki, Greece's, Hemis, Athens, Vergina, Veria, Naousa, Greece’s, Thrace, Philippi, Kavala, Panama . Panama City, Gill Galicia, Spain Santiago, Spain Santiago de Compostela, Galicia, Galicia’s, Santiago de Compostela, Cabo, Fisterra, Galicia —, Singapore, John’s, Paseo, Montejo, Mérida, Yucatán, getaways, there’s, Marrakech, Rabat, Fes, Resorts Morocco, Wakulla, Ginnie, Fredericksburg, Texas, Marble Falls, Meanderers, New Braunfels, Dubai, Abu Dhabi, Wadi, Nuuk, Ilulissat, West, FS Uzbekistan, Samarkand, Uzbekistan, China, India, Khiva, Uzbek, Sentob, Tashkent

☆ Turkey's Erdogan says Israel's Netanyahu 'will be tried as war criminal'
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +3 min

ISTANBUL, Dec 4 (Reuters) - Turkish President Tayyip Erdogan said on Monday that Israeli Prime Minister Benjamin Netanyahu would eventually be tried as a war criminal over Israel's ongoing offensive in the Gaza Strip, while slamming Western countries supporting Israel. Turkey, which supports a two-state solution to the decades-old conflict, has sharply criticised Israel over its campaign in Gaza, launched in response to militant group Hamas' rampage on Oct. 7. In a speech to an Organisation of Islamic Cooperation (OIC) committee meeting in Istanbul, Erdogan said the Western nations supporting Israel were giving it "unconditional support to kill babies" and were complicit in its crimes. "Beyond being a war criminal, Netanyahu, who is the butcher of Gaza right now, will be tried as the butcher of Gaza, just as Milosevic was tried," Erdogan said, in reference to Yugoslav ex-President Slobodan Milosevic who was tried for genocide, crimes against humanity, and war crimes at a tribunal in The Hague. "We must absolutely evaluate the United Nations Human Rights Council and the International Criminal Court (ICC) within this framework," he said, adding Israel's nuclear arsenal must not be forgotten.

Persons: Tayyip Erdogan, Benjamin Netanyahu, Erdogan, Netanyahu, Milosevic, Slobodan Milosevic, U.N, Antonio, Guterres, Daren Butler, Jonathan Spicer, Alex Richardson Organizations: Hamas, Islamic Cooperation, NATO, OIC, Arab League, United Nations Human Rights Council, Criminal Court, ICC, United Nations Security Council, Security Council, Thomson Locations: ISTANBUL, Gaza, Israel, Turkey, Istanbul, Yugoslav, The Hague, Western, United States, Russia, China, Britain, France

☆ Karabakh refugees in Armenia face uncertainty and poverty in exile
▼ + stars: | 2023-12-04 | by ( Felix Light | ) www.reuters.com time to read: +6 min

[1/5] Elada Sargsyan, 54, a refugee from Nagorno-Karbakh region, poses for a picture in a disused kindergarten, where she now lives temporarily along with dozens of other refugees from Karabakh, in the town of Masis, Armenia November 22, 2023. Born in the Azerbaijani capital Baku, Sargsyan fled her hometown in 1988, aged 19, as the Soviet Union began to fall apart. In 2020, they lost another home, when Azerbaijan - by now closely allied with Armenians' bête noire, Turkey - reconquered much of Karabakh including their village in a second war. Like many refugees, they have struggled to find work in Armenia. Alvina, a grandmother aged 65, has become the family’s main breadwinner, earning a little money selling homemade "jingalov hats" or "green bread", a flatbread stuffed with herbs that is a staple for Karabakh Armenians.

Persons: Elada Sargsyan, Irakli, Sargsyan, I’ve, they’ll, Masis, Alina Harutyunyan, Harutyunyan, I'd, Lilia Abrahamyan, Felix Light, Kevin Liffey Organizations: REUTERS, Soviet Union, Mount, Karabakh, Thomson Locations: Nagorno, Karabakh, Masis, Armenia, Azerbaijan, MASIS, Baku, Soviet, Soviet Armenia, Aknaghbyur, Turkey, Armenia’s, Yerevan, Mount Ararat, Harutyunagomer, Ottoman Turks, Karabakh's, Vanadzor, Alvina

Jennings threw a touchdown pass and accounted for 266 yards from scrimmage, Collin Rogers kicked four second-half field goals and No. 17 Tulane 26-14 on Saturday in the AAC title game. Political Cartoons View All 1277 ImagesThe Mustangs (11-2) also turned in a stifling defensive performance, limiting Tulane (11-2, No. “Our defense today, they dominated,” Lashlee said, highlighting how SMU held Tulane to 31 yards rushing, far below its average of 167.3 yards coming in. Interceptions by Cam Pedescleaux and Jarius Monroe, and an early missed field goal by SMU, kept Tulane in the game.

Persons: —, Kevin Jennings, Jennings, Rhett Lashlee, ” Jennings, Collin Rogers, “ Jennings, ” Lashlee, “, ”, Michael Pratt, Isaiah Nwokobia's, SMU “, ” Pratt, Willie Frtiz, Dana Holgorsen, Fritz, ” Fritz, “ I‘ve, It'll, Preston Stone, Pratt, Key'Shawn Smith, Yulkeith, Rogers, Lashlee, ” SMU’s, Cam Pedescleaux, Jarius Monroe, injuires, Lawrence Keys, Jha'Quan Jackson —, “ We’ve, peraps, ___ Organizations: ORLEANS, — SMU, SMU, Tulane, American Athletic Conference, ” SMU, Yulman, Cougars, Houston, USC, USA, Liberty, Southwest Conference, Mustangs, AAC, ACC, Preston, Devean, Yulkeith Brown, TCU, Oklahoma, ” Tulane, AP Locations: “

☆ At climate summit, Turkey, South Africa hit out at Israel over Gaza war
▼ + stars: | 2023-12-01 | by ( Alexander Cornwell | ) www.reuters.com time to read: +5 min

Turkish President Tayyip Erdogan delivers a national statement at the World Climate Action Summit during the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, December 1, 2023. "The current situation in Gaza constitutes a war crime and a crime against humanity; those responsible must be held accountable under international law," he said. The war against the innocent people of Palestine is a war crime that must be ended now," he said in his address. The "international youth delegate" said he would try to raise awareness at the COP28 conference of the Palestinian cause. The assault sparked outrage in the Arab world, though most Western leaders have supported what they say is Israel's right to defend itself.

Persons: Tayyip Erdogan, Al Sudani, Israel, Cyril Ramaphosa, Jordan's King Abdullah, Mohammed Ursof, Antony Blinken, Blinken, Rishi Sunak, Sheikh Tamim bin Hamad Al Thani, Isaac Herzog, Sheikh Mohamed bin Zayed Al Nahyan, Herzog, Oded Joseph, Bahrain's King Hamad bin Isa Al Khalifa, Abdul Latif Rashid, Gustavo Petro, Alexander Cornwell, Nadine Awadalla, Jana Choukeir, Huseyin Hayatsever, Mai Shams El, Richard Valdmanis, William Maclean Organizations: United Nations, Change, United Arab Emirates, REUTERS, Rights, Reuters, Hamas, United, U.S, State Department, Palestinian Authority, Dubai, UAE, Foreign Ministry, Reuters COP28, Thomson Locations: Dubai, United Arab, Israel, Gaza, Palestinian, Africa, Palestine, UAE, Qatar, Egypt, Jordan, Bahrain, COP28

Unlike most of its Western allies and some Gulf states, Turkey does not view Hamas as a terrorist group and hosts some of its members. Nelson said Turkey was connected to Hamas' past efforts to raise funds from donors, investment portfolios, charities and non-profit organisations. Even if Turkey sees Hamas as legitimate, he said the group could still violate domestic laws, though he gave no specific example of this happening. "There is sufficient opportunity for Turkey to address this problem under its own domestic legal authorities irrespective of U.S. sanctions," he said. Turkey says sanctions will not be circumvented on its soil and that nothing transiting is used in Russia's war effort.

Persons: Brian Nelson, Nelson, Tayyip Erdogan, RUSSIA Nelson, We're, Jonathan Spicer, Alex Richardson, Gareth Jones, Emelia Organizations: Treasury, Terrorism, Financial, Turkish, United Arab, Ukraine, Thomson Locations: ISTANBUL, Turkish, Turkey, Israel, Istanbul, Gaza, United States, Washington, Sudan, Algeria, United Arab Emirates, RUSSIA, Russia, Ukraine, Ankara, Moscow, Kyiv

☆ Sweden expects Turkey to approve its NATO membership 'within weeks'
▼ + stars: | 2023-11-30 | by ( Silvia Amaro | ) www.cnbc.com time to read: +1 min

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

☆ What to watch at COP28 on Friday?
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: +1 min

United Arab Emirates Minister of Industry and Advanced Technology and COP28 President Sultan Ahmed Al Jaber speaks during the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, November 30, 2023. REUTERS/Amr Alfiky Acquire Licensing RightsDUBAI, Dec 1 (Reuters) - This year's COP28 climate summit, being held in the glitzy Middle East city of Dubai, clicks into its first full day of scheduled events on Friday. Britain's King Charles III, who has spent decades working on environmental issues, is expected to address the conference. A second day of leaders' speeches is planned for Saturday. The summit's opening on Thursday featured pleas by the COP28 president, Sultan Ahmed al-Jaber, for all parties to work together toward a consensus on the future of fossil fuels.

Persons: Sultan Ahmed Al Jaber, Amr Alfiky, Britain's King Charles III, William Ruto, Tayyip Erdogan, Volodymyr Zelenskiy, Prince Mohammed bin Salman Al Saud, Sultan Ahmed al, Jaber, Katy Daigle, Lisa Shumaker Organizations: United Arab Emirates Minister of Industry, Advanced Technology, United Nations, Change, United Arab Emirates, REUTERS, Rights, Kenyan, Saudi, Thomson Locations: Dubai, United Arab, East

☆ Exclusive: European fund giant Amundi dipping toe back into Turkey's lira
▼ + stars: | 2023-11-28 | by ( Marc Jones | ) www.reuters.com time to read: +1 min

A logo of Amundi is seen outside the company headquarters in Paris, France, February 3, 2023. REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing RightsLONDON, Nov 28 (Reuters) - Amundi, Europe's largest asset manager, has started dipping its toe back into the Turkish lira it says having been impressed by the country's turnaround efforts since its mid-year elections. "We have started to cover our underweight in Turkish lira a few weeks ago," Sergei Strigo, Amundi's co-Head of Emerging Markets Fixed Income, told Reuters, referring to the process of taking a more positive view on the currency. "We are not yet ready to increase the allocation (in the lira) but it is definitely on our radar screen." Additional reporting by Karin Strohecker in London and Jonathan Spicer in Istanbul; editing by Elisa MartinuzziOur Standards: The Thomson Reuters Trust Principles.

Persons: Sarah Meyssonnier, Sergei Strigo, Amundi's, Strigo, Karin Strohecker, Jonathan Spicer, Elisa Martinuzzi Organizations: REUTERS, Reuters, Thomson Locations: Paris, France, Turkey, London, Istanbul

☆ Erdogan tells UN chief Israel must be tried in international courts for Gaza crimes
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +2 min

Turkish President Tayyip Erdogan attends a press conference with German Chancellor Olaf Scholz (not pictured) at the Chancellery in Berlin, Germany, November 17, 2023. REUTERS/Liesa Johannssen/File Photo Acquire Licensing RightsANKARA, Nov 28 (Reuters) - Turkish President Tayyip Erdogan on Tuesday told United Nations Secretary General Antonio Guterres that Israel must be held accountable in international courts for what he called war crimes it committed in Gaza, the Turkish presidency said. Israel has mounted an offensive by air and ground against Hamas militants in Gaza in which more than 15,000 people have been killed, according to Gaza health authorities. "During the call, President Erdogan said Israel continues to shamelessly trample on international law, the laws of war, and international humanitarian law by looking in the eyes of the international community, and it must be held accountable for the crimes it committed in front of international law," it said in a statement. Erdogan has called the Israeli attacks on Gaza a genocide and accused Israel of being a "teror state".

Persons: Tayyip Erdogan, Olaf Scholz, Liesa, General Antonio Guterres, Erdogan, Guterres, Israel, Hakan Fidan, Alison Williams, Angus MacSwan Organizations: REUTERS, Rights, Tuesday, United Nations, Security, Wednesday, . Security, Arab League, of Islamic Cooperation, European Union, Israel, Thomson Locations: Berlin, Germany, Rights ANKARA, Israel, Gaza, New York, Turkey, United States, European, Spain, Belgium

☆ Exclusive: European fund giant Amundi dips toe back into Turkey's lira
▼ + stars: | 2023-11-28 | by ( Marc Jones | ) www.reuters.com time to read: +4 min

A logo of Amundi is seen outside the company headquarters in Paris, France, February 3, 2023. "We have started to cover our underweight in Turkish lira a few weeks ago," Strigo told Reuters, referring to the process of taking a more positive view on the currency. Amundi, while the first major fund to formally declare its shift, is not alone in testing the waters, according to other foreign investors and bankers. "It is probably the easiest way for now," Strigo said about the use of FX forwards to express that balance. With the bank having lifted rates to 40% from 8.5% since June, Amundi thinks another hike next month could finish the job.

Persons: Sarah Meyssonnier, Sergei Strigo, Amundi's, Strigo, Tayyip Erdogan, Amundi, Goldman Sachs, Erdogan, sceptics, Central Bank Governor Hafize Gaye Erkan, Marc Jones, Karin Strohecker, Jonathan Spicer, Susan Fenton Organizations: REUTERS, Reuters, Investment, JPMorgan, FX, Graphics, Central Bank Governor, Reuters Graphics Reuters, Thomson Locations: Paris, France, Turkey, Turkish, New York, London, Istanbul

☆ Turkey's rate hikes are 'absolutely a positive surprise,' economist says
▼ + stars: | 2023-11-24 | 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 EmailTurkey's rate hikes are 'absolutely a positive surprise,' economist saysArda Tunca, economist at PolitikYol, discusses the Turkish central bank's decision to hike interest rates by 500 basis points to 40%.

Persons: Arda Tunca Locations: Turkish

Defence Minister Yasar Guler said last week that Turkey was in talks with Britain and Spain to buy Eurofighter Typhoon jets, though Germany objected to the idea. Guler was holding talks on the issue with his British counterpart Grant Shapps in Ankara on Thursday, the source said. Turkey wants to buy the most advanced, newly built version of the Eurofighter, he added. NATO member Turkey requested in October 2021 to buy 40 Lockheed Martin Corp (LMT.N) F-16 fighters and 79 modernisation kits for its existing warplanes. The Eurofighter Typhoon jets are built by a consortium of Germany, Britain, Italy and Spain, represented by Airbus (AIR.PA), BAE Systems (BAES.L) and Leonardo (LDOF.MI).

Persons: Yasar Guler, Guler, Grant Shapps, Joe Biden's, Leonardo, Tayfun Ozberk, Serhat, Huseyin Hayatsever, Jonathan Spicer, William Maclean Organizations: Eurofighter, . Defence, Eurofighter Typhoon, British, NATO, Turkey, Lockheed Martin Corp, U.S . Congress, Airbus, BAE Systems, Biden Administration, Eurofighter Typhoons, Kadir Has University, Turkish Air Force, Thomson Locations: ANKARA, Turkey, United States, Turkish, Britain, Spain, Germany, Ankara, Italy

☆ VIEW Turkey central bank ramps up interest rates to 40%
▼ + stars: | 2023-11-23 | by ( ) www.reuters.com time to read: +2 min

A logo of Turkey's Central Bank is pictured at the entrance of its headquarters in Ankara, Turkey October 15, 2021. Below reaction from analysts to the decision:LIAM PEACH, CAPITAL ECONOMICS, LONDON"(Turkey's central bank) suggested that it is very close to the end of the tightening cycle. For the central bank to have any chance of achieving single digit inflation this decade, rates will need to stay at this level for some time." BARTOSZ SAWICKI, CONOTOXIA FINTECH, WARSAW"In October the annual inflation rate inched lower and external price dynamics have turned a tad more favourable. The risk of a sharp slowdown in activity points to less aggressive continuation of the tightening cycle.

Persons: Cagla, LIAM PEACH, CONOTOXIA, Karin Strohecker, Ezgi, Susan Fenton Organizations: Turkey's Central, REUTERS, Thomson Locations: Ankara, Turkey, CONOTOXIA FINTECH, WARSAW

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