Asli Kandemir and Beril Akman, Bloomberg News The cost of commercial loans in Turkey fell below the interest rates on lira deposits for the first time since 2019, as the world’s most aggressive easing cycle and new regulations make loans for businesses cheaper. Nice Credit If You Can Get It in Turkey’s Micromanaged Economy The …
Some Turkish Banks Are Now Literally Giving Out Free Money – BNN Bloomberg Read More »
“I come to the Floor today to condemn the recent actions of the Turkish President which are not only disturbing—they are totally unacceptable.” WASHINGTON – Senate Foreign Relations Committee Chairman Bob Menendez (D-N.J.) today delivered remarks on the Senate Floor following Turkish President Recep Tayyip Erdogan’s threatened missile strike on Athens, Greece. Menendez called on the United …
Turkish President Recep Tayyip Erdoğan’s warm handshake with Egyptian President Abdel Fattah el-Sisi during the opening ceremony of the FIFA World Cup in Qatar is likely to accelerate the process launched in 2021 to restore diplomatic relations between the two countries, which had been downgraded to the level of chargé d’affaires in 2013. However, el-Sisi …
Sisi said ‘stop’ to Blue Homeland in the eastern Mediterranean – Turkish Minute Read More »
The new special operations craft of the Hellenic Navy’s Underwater Demolition Command (UDC) is a product of Phi-Mechaniseas, a company formed by Greek shipbuilders, engineers and naval system manufacturers led by Panagiotis Alourdas, Commodore HN (rtd), Nautical Architect and Mechanical Engineer, Massachusetts Institute of Technology, MIT. The Hellenic Shipyards SA (Skaramaga Shipyards) built the boat …
First Greek-designed special operations craft receives its armament – Naval News Read More »
Turkish Bayraktar TB2 drones emerged as the ‘ideal weapon’ that could change the course of the war in Ukraine. However, the Turkish-origin UAVs have now largely vanished from the battlefield, raising doubts about their efficiency. The Turkish drones’ success was extensively covered in the media in the initial stages of the war. The success of …
Turkey’s online community has been rocked by a scandal surrounding Twitch after it was revealed that Amazon’s live streaming service is used to launder money worth millions of dollars. The scheme was noticed by Twitch streamers after a massive data leak on Oct. 6, which showed thousands of streamers’ payouts. Upon a close inspection, Turkish …
The Al Nahyan family owns Manchester City Football Club, a dozen or so palaces and invested big in SpaceX and Savage X Fenty. In a region where opulence is on full display, Sheikh Tahnoon bin Zayed Al Nahyan keeps a low profile belying his importance. That doesn’t stop the whispers about the Abu Dhabi royal, who’s also …
Secretive Gulf Family’s $300 Billion Fortune Is About More Than Oil – Bloomberg.com Read More »