Turkey

Turkish defense industry risks big damage from US sanctions

The US sanctions targeting Turkey’s defense industry agency may be seen as rather mild by some observers, but they threaten to deprive Turkey of key military technology should they last more than a year. The new US sanctions against Turkey over its purchase of Russian air defense systems stand to …

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Turkey’s Kurdish party target of tug of war between Islamists, ultra-nationalists

As Turkey’s ruling party and its nationalist ally face a deeper legitimacy crisis, pressure on Kurdish politics is intensifying. Picture this: You’re watching the evening news and you see a political party emblem — in this case, the pro-Kurdish People’s Democratic Party (HDP) emblem — on which, in place of …

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With Arms Deals and Donations, Turkey Steps up Balkan Influence

Turkey has long pursued a policy of soft-power diplomacy in the Balkans. More recently, the defence sector has come to the fore. When, in the midst of a reignited war over the Caucasus mountain region of Nagorno-Karabakh, President Aleksandar Vucic said Serbia was considering buying Turkish armed drones, it was …

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Turkey won't back down from S-400s despite sanctions, says foreign minister

Turkish Foreign Minister Mevlut Cavusoglu said Ankara will “take steps” to respond to the US sanctions unveiled this week. Turkey won’t back down from its purchase of Russian-made S-400 surface-to-air missile defense systems, Turkish Foreign Minister Mevlut Cavusoglu said on Thursday, adding that Ankara is weighing how to respond to …

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Turkish Central Bank to pursue tight monetary policy against inflation

Turkey’s Central Bank Governor Naci Agbal said Wednesday he would seek to stem inflation, possibly through further rate hikes, pledging to continue tight monetary policies and stabilize the nation’s currency. Turkey’s new Central Bank Governor Naci Agbal pledged to maintain a tight monetary policy to stem the nation’s double-digit inflation …

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