Turkish exporters are revising their year-end targets downward, in a move that could derail the government’s economic plans, as new orders fall amid signs of a global slowdown and inflationary pressures, Reuters reports. Turkey’s exports rose 19 percent year-on-year in the first seven months of 2022 to $144.4 billion, but deteriorating global conditions, exacerbated by […]
Tag: Turkey
The Turkey-NATO ‘serial’ continues
By Kostas Raptis In the previous days, France, Italy and the US Senate ratified the accession of Sweden and Finland to NATO, as it was decided at the Atlantic Summit in June in Madrid. In this way, 23 of the 30 members of the alliance have already given the “green light” to the enlargement and […]
Al. Diakopoulos: The Turkish drilling rig will probably move in the Cypriot EEZ – A repeat of 2020 is not excluded
The assessment that the Turkish drilling rig “Abdulhamit Khan” will move in the area of ​​the Cypriot EEZ was expressed by the former national security adviser, Alexis Diakopoulos. However, he did not rule out the possibility of a repeat of the events of the summer of 2020. “There are various scenarios, and perhaps the worst […]
Turkey: Team of inspectors on first ship with Ukrainian grain to sail from Odessa
LAST UPDATE: 12.37 A team of experts this morning began inspecting off Istanbul the first cargo of grain exported from Ukraine since the start of the Russian invasion on February 24, under the UN-sponsored agreement signed in July in Istanbul to deal with a global food crisis. The Razoni, a Sierra Leone-flagged cargo ship, arrived […]
Inflation in Turkey at a new 24-year high, at 79.6%
Inflation in Turkey jumped again in July, to the highest level since September 1998, according to statistics agency Turkstat. The consumer price index stood at 79.6% in July compared to the corresponding month of 2021. In June inflation stood at 78.62%, while economists’ estimates expected the rate to rise to 79.8 in July %. Transport […]
Turkey: The first shipment of Ukrainian grain has arrived on Turkish shores
The first shipment of Ukrainian grain cargo authorized since the start of the war on February 24 arrived tonight off Istanbul in the Black Sea, according to an AFP team. The Sierra Leonean-flagged cargo ship Razoni, which left Odessa in southern Ukraine on Monday morning with 26,000 tons of corn bound for Lebanon, is expected […]
H. Akar: New accusations against Athens for ‘intransigence on the Cyprus issue’
“The Turkish Republic has perfectly fulfilled its duty as a guarantor of power in Cyprus and will continue to do so in the future,” said H. Akar, while accusing the Greek side of intransigence and “obsession with the status quo” even for ” discrimination against Turkish Cypriots”. Speaking at the Armed Forces Day reception of […]
Instigator of ‘Blue Homeland’: ‘Let’s conduct surveys with the Turkish Cypriot flag on the demarcation line of the EEZ with Libya’
The initiator of the Blue Homeland and the Turkish-Libyan memorandum, retired Turkish admiral and former leader of the Turkish GEN Jihad Yayci, proposes that the Turkish drilling rigs drill on behalf of the Turkish Cypriots. “Let’s send the drilling rigs close to the EEZ demarcation agreement line with Libya and let them fly the flag […]
Turkey now expects daily departures of grain ships from Ukraine
Turkey expects a grain ship to leave a Ukrainian port every day as long as the agreement ensuring their safe passage is respected, a senior Turkish official said today after the first safe departure of such a ship yesterday from Odessa since it was launched the war. The first ship, the Razoni, carrying 26,527 tons […]
Ship carrying first cargo of Ukrainian grain expected in Istanbul ‘after midnight’
The first shipment of Ukrainian grain exported since the February 24 Russian invasion is expected in Istanbul “after midnight” today, according to the Turkish Defense Ministry. The Sierra Leonean-flagged cargo ship Razoni, which left Odessa shortly after 09:00 (Greece time) yesterday, Monday, with 26,000 tonnes of maize bound for the port of Tripoli in Lebanon, […]
