Striking a different tone from many of his Western counterparts, the Turkish president’s remarks in Kyiv reflect a position that factors in Moscow’s demands on the Ukraine standoff. Turkey’s President Recep Tayyip Erdogan underscored the role of existing agreements for a “peaceful and diplomatic solution” in the Ukraine standoff during …
Read More »Turkish inflation hits two-decade high, inches toward 50%
With annual producer inflation reaching 93.5%, further price increases appear in store for Turkish consumers in February and March after consumer inflation sets a two-decade record in January. Turkey’s consumer prices rose 11.1% in January, bringing annual inflation to 48.7%, the highest rate in two decades, data released Thursday by …
Read More »Turkey, Ukraine to sign free trade agreement
Turkish-Ukrainian trade is on the rise and Ukraine recently used Turkish combat drones against Russia-backed forces. Turkey and Ukraine will sign a free trade agreement in Kyiv tomorrow, the Turkish trade minister said today. “We will sign a New Generation Free Trade Agreement with Ukraine as the fruit of more …
Read More »Ankara reassures Moscow on eve of Erdogan’s Ukraine visit
With its president set to visit Ukraine, Turkey has reassured Russia by reiterating its commitment for a key maritime treaty safeguarding Russia’s rights in the Black Sea. Just days before Turkey’s president is set to visit Ukraine, Ankara has reassured Moscow with a rare public display of support to a …
Read More »Iran’s gas cut exposes Turkey’s vulnerability to energy risks
Ankara’s energy preparedness for the winter and its capacity to secure alternative supplies have come under question after a halt in the gas flow from Iran sparked an unprecedented energy crunch in the country. The disruption of Iranian gas supplies to Turkey, blamed on a technical hitch in the pipeline …
Read More »There’s more to the gas crisis between Iran and Turkey than meets the eye
Iran has announced that it stopped the flow of natural gas to Turkey for ten days, starting from 20 January, due to a “technical failure”. This resulted in an electricity crisis for factories in Turkey. Questions have been raised about the validity of the Iranian justification and the reality behind …
Read More »Turkish-backed rebels step up attacks on Islamic State in north Syria
The Turkish-backed Free Syrian Army is cracking down on the Islamic State cells, amid an uptick in suicide attacks in north Syria. The Turkish-backed Syrian opposition has waged a security campaign against Islamic State (IS) cells in Azaz in the northern Aleppo countryside since Jan. 20, leading to the arrest …
Read More »Egypt wary of Turkey’s moves in eastern Libya
Ankara is expanding its influence in eastern Libya, deemed an area of Egyptian influence. Following months of conflict and accusations between the two parties, the relationship between Turkey and the Khalifa Hifter-led Libyan National Army (LNA) has seen a relative thaw. On Jan. 20, Turkey’s Ambassador to Tripoli Kenan Yilmaz …
Read More »Turkish drones boost Ukrainian spirits amid fears of Russian invasion
Turkey’s drones are a big morale booster for Ukraine as a potential Russian invasion looms. As Western leaders scramble to stave off a potential Russian invasion of Ukraine, a pair of air force colonels in this medieval town in southwest Ukraine are showering praise on Turkey’s globally coveted combat drones, …
Read More »Why Turkey wants to mediate in Ukraine crisis
Erdogan’s offer to mediate between the Russian and Ukrainian leaders reflects Ankara’s growing fears over the conundrums it could find itself in should war materialize. Turkish President Recep Tayyip Erdogan’s offer to mediate between Russia and Ukraine could be seen as a laudable peace effort or grandstanding, but the growing …
Read More »