As part of a recent grain export deal signed between Turkey, the UN, Russia, and Ukraine, the first ship has departed from the port of Odesa, according to the National Defense Ministry. Loaded with corn, the Sierra Leone-flagged dry cargo ship Razoni left Odesa at 8.30 a.m. local time (0530GMT), as agreed by the sides...
The message from Russia: ‘I am in the Middle East too’
What matters on Thursday, March 23
The post-earthquake needs analysis
What matters on Wednesday, March 22
World automotive sector influenced by semiconductors (chip sector) demand
The highest monthly CAD in the history of the republic
What matters on Tuesday, March 21
What matters on Monday, March 20
Dollar lost its savings instrument edge
Quake-hit cities to get investment support
15% of earthquake victim voters migrated
What matters on Tuesday, March 14
A law specific to Istanbul is a must: Mayor of Istanbul
Share of compensation of employees in the GVA hits a 25-year low
Hunger limit doesn’t fit in wallets; new banknote is needed
Opposition bloc eyes deal to reunite, elevate popular mayors
Central Bank and SFD ink USD 5bn deposit deal
What matters on Monday, March 6
A big slowdown in the rate of interest reduction!
1st grain-loaded ship sets off from Ukrainian port
Norway launches fundraising to buy Bayraktar TB2 for Ukraine
Norway has launched a fundraising campaign to purchase Turkish Bayraktar TB2 armed drones for Ukrainian forces fighting Russia. The campaign’s website said Lithuania bought a TB2 in three days and both Poland and Ukraine purchased three TB2 drones in a few days, so “Norway must do the same.” Under the headline “Give a Bayraktar from...
U.S. says Turkey’s approach to Sweden, Finland NATO bid not a bilateral topic
Turkey’s approach to the NATO accession process of Sweden and Finland is not a bilateral issue between Washington and Ankara, the U.S. State Department said on Friday, but added that Washington was speaking with Ankara and it remained confident that the dispute would be overcome. Finland and Sweden say they have been spurred into joining...
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...
Turkey and Ukraine to jointly produce new generation drones
BY KERIM ULKER Turkey and Ukraine have agreed to jointly manufacture new generation unmanned aerial vehicles (UAV) and unmanned combat aerial vehicles (UCAV) in Ukraine, according to Ukrainian Presidential Adviser Oleksiy Arestovych. Speaking in a televised interview with the national Ukrainian language broadcaster 1+1, Arestovych said the two countries will jointly produce ANKA UAVs and...
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...
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...
Ukraine’s defense imports from Turkey jumped 30-fold in Q1
Ukraine received almost 30 times as much defence industry equipment from Turkey in first quarter as it did a year earlier, while it prepared for and fought against Russian invasion, official data showed. Turkey exported USD 59.1m of such products to Ukraine in the period, compared with USD 1.9m in the first quarter of 2021,...
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...
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...