A former high-ranking security expert says Canada may loosen its arms-export restrictions against Turkey as that country moves to strengthen ties with its Western peers. At last week’s NATO summit in Lithuania, Turkish President Recep Tayyip Erdoğan struck a deal to support Sweden’s attempt to join the military alliance after blocking the move for months….

Saudi Arabia will be depositing $5 billion in Turkey’s central bank, a move expected to boost Turkish currency rates as the country recovers from a massive earthquake. The deposit will be made via the Saudi Fund for Development (SFD) and was announced by the Saudi finance minister in December. “This deposit is a testament to…

ISTANBUL—Turkish President Tayyip Erdogan said he may negotiate with Twitter’s new boss Elon Musk to avoid paying the monthly $8 charge for the “verified” badge. After buying Twitter for $44 billion last week, Musk said the company will charge $8 a month for its Blue service, which includes the sought-after blue check mark. In an…

ISTANBUL—The Turkish lira skidded to another all-time low of 9.85 on Monday after President Tayyip Erdogan said he had ordered the expulsion of ambassadors from the United States and nine other Western countries, risking a diplomatic rift. Concerns over possible fallout for foreign investment, combined with unease over the central bank’s surprisingly sharp rate cut…

BRUSSELS—U.S. President Joe Biden and Turkish President Tayyip Erdogan sounded upbeat after their first face-to-face talks on Monday, although they did not announce major breakthroughs in the relationship between the two allies, at odds over Russian weapons, Syria, Libya and other issues. “We had a positive and productive meeting, much of it one-on-one,” Biden told…