USD/TRY gains more traction and approaches 18.00. Türkiye’s manufacturing PMI stood at 46.90 in July. The next thing to highlight on the calendar will be the inflation figures. the turkish lira starts the week off on the wrong foot and motivates the USD/TRY to resume the rises and trades around 18.00 on Monday. USD/TRY taking […]
Tag: Turkey
Turkey: Inflation reaches 100% in Istanbul
Inflation in Istanbul ran in July at an annual rate of 99.11%, while the price increase compared to the previous month was 4.09%. The Istanbul Chamber of Commerce announced these numbers, as reported by the BBC. The level of price growth is the highest since February 1998. It is noted that according to the estimate […]
Akar: ‘Athens is plotting something against us – It won’t be enough against the Turkish forces’
Hulusi Akar launched a new attack against Athens, claiming that Greece is “doing something at the expense of Turkey”, citing our country’s defense spending. Specifically, as reported by the Turkish Anadolu Agency, Mr. Akar claimed that “Athens is plotting something against Ankara, as it increases its defense budget fivefold”, even warning that “this will not […]
Incendiary Akar: ‘Turkey has the right to self-defense in the Aegean’
LAST UPDATE: 15.30 Hulusi Akar launched a new attack against Athens, claiming that Greece is “doing something at the expense of Turkey”, citing our country’s defense spending and speaking of Greek expansionism, suggesting that Ankara has the right to self-defense in the Aegean. In detail, as reported by Anadolu Agency, X. Akar claimed that “on […]
Dissatisfaction of the Turkish community in Germany for Berbock’s statements in Turkey
The German Turkish Community criticized the attitude of Foreign Minister Analena Burbok during the joint press conference with her Turkish counterpart Mevlut Cavusoglu last Friday in Istanbul. “I would have preferred some issues to have been discussed diplomatically behind closed doors. In any case, one has to find other methods to discuss,” German Turkish Community […]
Germany-CDU MP: Burbock’s criticism of Turkey ‘wasn’t helpful’
CDU MP and foreign affairs expert Johan Vadeful criticized the behavior of German Foreign Minister Annalena Baerbock (Greens) during her visits to Turkey and Greece. Burbock’s public criticism of Turkey from Athens “was not helpful,” the CDU/CSU parliamentary group vice-chairman said, according to Welt. “We need both countries permanently as partners – not only, but […]
Kalin Challenges Again: Like Oruch Rays, Abdul Hamid Will Make Legal Investigations
The representative of the Turkish presidency, Ibrahim Kalin, is preparing the ground for new challenges, in view of the investigations of the Turkish drilling rig Abdul Hamit in the waters of the Eastern Mediterranean. Ankara has announced that the investigations will begin on August 9, while the Turkish investigation already left the Tasuku port in […]
Deutsche Welle: Something has changed in Greek-Turkish…
In the shadow of the Greek-Turkish crisis. Difficult mission of the German foreign minister in Greece and Turkey. A comment by Ronald Maynardous. Already the planning of the route foretold political problems. With her trip to Greece and Turkey, German Foreign Minister Analena Burbock entered a diplomatic minefield. German policy towards Ankara is still driven […]
Games with the… Beaufort in view of the descent of a drilling rig
The issue of the descent of the new Turkish driller Abdulhamid Han is a game for nerves, as occupying Turkey avoids announcing where the vessel, which will set sail on August 9, will be sent on its maiden voyage. It also sends misleading messages, so as not to give the impression of intentions. Ankara obviously […]
‘Hot’ August in Greek-Turkish
By Kostas Raptis A summer break in Greek-Turkish relations is not foreseen. Equally, the distant rhetorical duel between Erdogan and Mitsotakis in the past few days gives a measure of the prevailing geopolitical “heat”, while the imminent departure of the new Turkish research vessel “Abdullahamit Khan” creates risks even for the involvement of the two […]
