Turkish lira dives after inconclusive Erdogan-Biden meeting - Al-Monitor: The Pulse of the Middle East

Turkish lira dives after inconclusive Erdogan-Biden meeting Propelled by optimism over a possible S-400 missile compromise, Turkey’s lira slid Tuesday after the first meeting between US President Joe Biden and Turkish President Recep Tayyip Erdogan ended without clear progress More:Turkish lira dives after inconclusive Erdogan-Biden meeting - Al-Monitor: The Pulse of the Middle East

Recep Tayyip Erdoğan and Biden hold bilateral meeting following NATO summit - CNNPolitics

Erdoğan and Biden hold bilateral meeting following NATO summit By Kate Sullivan and Kevin Liptak, CNN Updated 4:38 PM ET, Mon June 14, 2021 Turkish President Recep Tayyip Erdogan (L) greets US President Joe Biden (R) at the NATO summit at the North Atlantic Treaty Organization headquarters in Brussels, on June 14, 2021. (CNN)President Joe Biden and Turkish President Recep Tayyip Erdoğan held a bilateral meeting on Monday following a meeting of NATO leaders in Brussels. The meeting, which took place at the NATO headquarters in Belgium, was expected to be contentious. Biden in April became the first US president in decades to recognize the massacre of Armenians under the Ottoman Empire as a genocide -- a move that risked a potential fracture with Turkey but signaled a commitment to global human rights. More:Recep Tayyip Erdoğan and Biden hold bilateral meeting following NATO summit - CNNPolitics

Biden gives awkward fist-bump to Erdogan at NATO summit - Report Door

Biden gives awkward fist-bump to Erdogan at NATO summit June 14, 20213 Min Read James Thompson President Biden on Monday offered an awkward fist-bump to Turkish President Recep Tayyip Erdogan in Belgium at the annual NATO summit — as the Islamist strongman winds up to blast Biden for his recognition of the Armenian genocide earlier this year. More:Biden gives awkward fist-bump to Erdogan at NATO summit - Report Door

Dollar blow for Turkey as tourism season runs into the sand | Financial Times

Dollar blow for Turkey as tourism season runs into the sand Sector collapse would hit a wider economy that relies on foreign currency inflows from overseas visitors More:Dollar blow for Turkey as tourism season runs into the sand | Financial Times

Kraft Heinz to acquire Turkish sauce firm Assan Foods in $100m deal - FoodBev Media

Kraft Heinz to acquire Turkish sauce firm Assan Foods in $100m deal By Martin White 11 June 2021 CategoriesAlso in the newsBusinessFoodIndustriesManufacturingMergers & AcquisitionsSauces Kraft Heinz has agreed to acquire Turkish sauce company Assan Foods from Kibar Holding in a deal that values Assan at approximately $100 million. Headquartered in Istanbul, Assan Foods manufactures and sells a wide range of sauce products such as ketchup, mayonnaise, pasta sauces and more. Assan’s sauce products are sold under brands including Colorado, Kingtom, and Oba. More:Kraft Heinz to acquire Turkish sauce firm Assan Foods in $100m deal - FoodBev Media

Rise in Turkish food prices sparks fears of shortages - Al-Monitor: The Pulse of the Middle East

Rise in Turkish food prices sparks fears of shortages Turkey, a major agricultural producer, might find itself grappling with water shortages and food insecurity in the next decade unless it takes action to address growing problems in its agricultural sector. More:Rise in Turkish food prices sparks fears of shortages - Al-Monitor: The Pulse of the Middle East

How much longer till Turkey's elections?: President under pressure – Erdogan's popularity nosedive - Qantara.de

President under pressure – Erdogan's popularity nosedive Turkey's parliamentary and presidential elections are scheduled for June 2023. But they are already casting a shadow. While the opposition is calling for early elections, President Erdogan is insisting on holding the elections in the highly symbolic year of 2023. For right now, his ratings are poor. Ronald Meinardus reports from Istanbul More:How much longer till Turkey's elections?: President under pressure – Erdogan's popularity nosedive - Qantara.de

New reserve discoveries put Turkey among few gold producers | Daily Sabah

New reserve discoveries put Turkey among few gold producers BY DAILY SABAH ISTANBUL ECONOMY JUN 10, 2021 1:46 PM GMT+3 Around 20 tons of gold with a market value of $1.2 billion (TL 10.2 billion) and 3.5 tons of silver reserves with a market value of $2.8 million have been detected by Koza Altın in eastern Turkey’s Ağrı province, Industry and Technology Minister Mustafa Varank announced Thursday. More:New reserve discoveries put Turkey among few gold producers | Daily Sabah

Turkey’s Regime Is Paralyzed By A Mob Kingpin’s Revelations: The Strategic Implications

Turkey’s Regime Is Paralyzed By A Mob Kingpin’s Revelations: The Strategic Implications Melik KaylanContributor Policy I cover conflicts, frontiers and upheavals mired in history. Follow The world's most colorful political psychodrama is unfolding in Turkey, convulsing the country and its power heirarchy. A top Turkish underworld figure, Sedat Peker, has parted ways from the ruling Erdogan party and is posting long videos on Youtube alleging all manner of crimes by leading figures in government and their allies. Crimes from bribery to murder to rape to drug smuggling and much else like threatening opposition media, commandeering zillions from national banks and corrupting the judiciary so routinely that no rule of law can be said to exist. Deploying mafia to do its dirty work - this is what Turks call 'the deep state' – they invented the phrase – was a phenomenon that flourished in the 1990s and before, which Erdogan first came to power promising to eradicate. More:Turkey’s Regime Is Paralyzed By A Mob Kingpin’s Revelations: The Strategic Implications

Greece's Mitsotakis and Turkey's Erdoğan to meet in private

Greece's Mitsotakis and Turkey's Erdoğan to meet in private By EUOBSERVER TODAY, 07:05 A planned meeting between Greek prime minister Kyriakos Mitsotakis and Turkish president Recep Tayyip Erdoğan on the sidelines of the Nato summit on 14 June will be private, with, at most, a top aide from each side present, Kathimerini writes. According to officials involved in the preparation of the meeting, the closed setting would help a frank exchange of views. More:Greece's Mitsotakis and Turkey's Erdoğan to meet in private

This Isn’t Your Grandfather’s Turkey - WSJ

This Isn’t Your Grandfather’s Turkey Ankara isn’t staunchly pro-Western as in the Cold War, but it’s still an important ally. More:This Isn’t Your Grandfather’s Turkey - WSJ

Turks are very concerned about state of their democracy, new survey finds

Turks are very concerned about state of their democracy, new survey finds “Germany and Turkey are connected by millions of personal and cultural ties that have formed with the generation of Turkish immigrants and their descendants,” Walter Glos, KAS director in Turkey, told Arab News ANKARA: Turks are very concerned about the state of their democracy, according to a new survey released on Monday, with 63 percent of respondents saying they thought it was bad and 39 percent saying it was in danger. More:Turks are very concerned about state of their democracy, new survey finds

Middle East Newsletter: Turkey’s Lira at Crossroads (TRY: USD) - Bloomberg

Turkey’s Lira at Crossroads By Netty Idayu Ismail June 6, 2021, 9:10 AM EDT Turkey President Recep Tayyip Erdogan’s latest intervention at monetary policy pushed the lira to fresh record lows against the U.S. dollar, putting the currency on a dangerous path. More:Middle East Newsletter: Turkey’s Lira at Crossroads (TRY: USD) - Bloomberg

From Best to Worst: Investors Are Souring on Turkey’s Markets - Bloomberg

From Best to Worst: Investors Are Souring on Turkey’s Markets By Tugce Ozsoy and Selcuk Gokoluk June 6, 2021, 12:00 AM EDT In just three months, the Turkish lira has gone from best to worst. The currency is the victim of the head-spinning policy swerves of President Recep Tayyip Erdogan, who is once again pressing policymakers to cut rates even as inflation remains at almost 17%. More:From Best to Worst: Investors Are Souring on Turkey’s Markets - Bloomberg

Turkey plagued by largest outbreak of 'sea snot' on record as mucus hits Sea of Marmara coastline | World News | Sky News

Turkey plagued by largest outbreak of 'sea snot' on record as mucus hits Sea of Marmara coastline The grey sludge forms when sea algae is overloaded with nutrients by warmer temperatures and polluted water. More:Turkey plagued by largest outbreak of 'sea snot' on record as mucus hits Sea of Marmara coastline | World News | Sky News

Turkey's Getir raises $555 mln as quick-delivery funding booms | Reuters

Turkey's Getir raises $555 mln as quick-delivery funding booms Can Sezer Turkish rapid delivery company Getir has tripled its valuation to over $7.5 billion since March after raising $555 million in its latest funding round, it said on Friday, part of an investment boom in the red-hot sector. More:Turkey's Getir raises $555 mln as quick-delivery funding booms | Reuters

Turkey Undermines NATO, Yet Again - The Globalist

Turkey Undermines NATO, Yet Again Erdogan saves Putin’s Belarusian ally by playing spoiler role within NATO. By Aykan Erdemir, June 1, 2021 Turkey has once again signaled who it considers to be among its true friends. The country has reportedly used its veto power as a member of NATO to water down an official condemnation of Belarusian strongman Alexander Lukashenko. More:Turkey Undermines NATO, Yet Again - The Globalist

Turkish mobster’s revelations extend to arms shipments to Syria - Al-Monitor: The Pulse of the Middle East

Turkish mobster’s revelations extend to arms shipments to Syria Turkish crime boss Sedat Peker speaks out about arms shipment to radical rebels in Syria in his latest barrage of allegations against figures close to the government. More:Turkish mobster’s revelations extend to arms shipments to Syria - Al-Monitor: The Pulse of the Middle East

UPDATE 1-Turkey's lira falls to record lows after Erdogan says rates need to come down | Reuters

Turkey's lira falls to record lows after Erdogan says rates need to come down By Reuters Staff ISTANBUL, June 1 (Reuters) - President Tayyip Erdogan said late on Tuesday that Turkey needs to lower interest rates and he had spoken to the central bank governor earlier in the day on the issue, sending the lira plunging to new record lows against the dollar. More:UPDATE 1-Turkey's lira falls to record lows after Erdogan says rates need to come down | Reuters

Greek and Turkish ministers make friends in Athens

Greek and Turkish ministers make friends in Athens By ANDREW RETTMAN BRUSSELS, TODAY, 07:16 Relations improved between Greece and Turkey at a high-level meeting in Athens on Monday (31 May), but the EU remains wary of Ankara. More:Greek and Turkish ministers make friends in Athens