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Turkey is doing a good job in mediation: Borrell

Turkey is doing a good job in mediation: Borrell

The EU Foreign Policy Chief Josep Borrell hailed Turkey’s efforts to reach a cease-fire between Russia and Ukraine. Borrell told German daily Frankfurter Allgemeine Zeitung that the EU is unlikely to become a mediator in resolving the Russia-Ukraine conflict. “The Russians would not accept that, just as we Europeans would not accept Russia as a...

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All eyes are on Russia: OPINION

All eyes are on Russia: OPINION

BY FEHMI KOFTEOGLU Turkey found two solutions to the aircraft presented by the Russia-Ukraine war. One of them is the seat allocation by Turkish Airlines to tour operators and the other is a change in the Civil Aviation regulation. These are solutions that make the best of a bad situation, but they don’t meet expectations....

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Impacts of the sanctions regime on businesses of Turkish origin

Impacts of the sanctions regime on businesses of Turkish origin

BY ASLI KINSIZ, ORCUN TURAN, DENIZ YONTUK Direct implementation of a sanction imposed by the US or another country against Russia and Russian companies will not be imposed directly on Turkish companies under Turkish law. However, it has to be noted that the fact that these sanctions are not legally applied to Turkish companies does...

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Ruble and tourism

Ruble and tourism

BY FEHMI KOFTEOGLU Trade with the national currency has been discussed for a few years globally and in Turkey. Discussions and preparations have accelerated with the sanctions levied by the U.S. and the European Union on Russia due to the Russia-Ukraine war. While central banks of the countries work on the infrastructure, the possible reflections...

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Zeitenwende

Zeitenwende

BY ZEYNEP GURCANLI The Ukraine war is permanently changing global security infrastructure. The most obvious change is the awakening of the “sleeping giant,” Germany. After the Second World War, Germany transferred defense spending to industry and therefore turned into an economic giant. Now it is moving to a new security-oriented policy. The Germans use the...

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Ukrainian aftershocks: OPINION

Ukrainian aftershocks: OPINION

BY ZEYNEP GURCANLI The war has already begun to change international balances, not only in the region close to Ukraine but all over the world. The Middle East, Asia, and Europe are very active these days. Alliances are changing and being renewed. While the “star” of some countries is shining, some of them are now...

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Is the war in Ukraine a window of opportunity for Turkey?

Is the war in Ukraine a window of opportunity for Turkey?

BY PROFESSOR ILTER TURAN Since the beginning of the Russian invasion of Ukraine, countries affected by the Russian military action have tried to evaluate its implications. As the invasion has progressed, the West (the U.S., members of NATO, and the EU) have introduced an escalating series of mainly economic sanctions. These sanctions have increased the...