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….
Canada Might Loosen Turkey Arms Embargo, Ottawa’s Former Military Envoy Says
Saudi Arabia Announces $5 Billion Help For Turkey
March 7, 2023
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Business & MarketsCrown Prince Mohammed bin SalmaneconomyEuropeMiddle EastSaudi ArabiaTayyip ErdoganTurkey economic crisisWorld
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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…
Erdogan Says He Could Discuss Charge for Twitter Blue Check With Elon Musk
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…
Turkish Lira Dives Deeper After Erdogan Seeks Expulsions
October 25, 2021
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ambassadorsBusiness & EconomyCompaniesEconomiesexpulsionliraMarketsMiddle EastTayyip ErdoganTurkishWorld
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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…
Biden, Erdogan Upbeat About Ties but Disclose No Breakthrough
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…
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