Turkey

Turkey & Qatar seal currency swap deal to cut US dollar transactions
Qatar and Turkey have inked a currency swap agreement to boost liquidity and provide financial stability, Qatar’s central bank said, days after Doha pledged $15 billion of direct investment into Turkish markets. The deal, which aims to boost cooperation between the countries, was clinched on Friday. The agreement will set up a two-way currency exchange line and facilitate exchange of trade betwe [...]
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Are Turkey’s Days in NATO Numbered?
Turkey is the latest target for US trade barriers, faces sanctions against top ministers and is even having its purchasing of advanced US weapons reconsidered. The Anatolian country’s leaders have indicated they are beginning to look elsewhere, feeling like the US is trying “to make Turkey surrender in all areas, from finance to politics.” On Friday, US President Donald Trump doubled tariffs [...]
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Turkey favors switching from dollars to national currencies in trade with Russia & China
Ankara has given a green light to Moscow’s proposal to switch to ruble-lira trade between the countries. Turkey also has similar plans for trade with China and other countries. “We are discussing the transition to national currencies not only with Russia and China, but also with other countries. It is not just Turkey's request. [...]
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Turkey Refuses to Join US Sanctions on Iran, Calls Them ‘Mistake’
The United States has been ramping up pressure on countries around the world in an effort to bring Iran’s oil revenue “down to zero.” Turkey will have no part in possible US sanctions on Iran, the newspaper Dunya reported, citing the country’s Foreign Minister Mevlut Cavusoglu. “We had a US delegation here and we […] explained to them that we believe that [such moves] are a mistak [...]
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Turkish Rejection of S-400s Under US Pressure ‘Would Be Huge Mistake’ – Analyst
US NATO ambassador Kay Bailey Hutchison has accused Moscow of trying to "flip Turkey" and other US allies and "destabilize" the alliance amid Ankara's plans to purchase the S-400 air defense system. Speaking to Sputnik, Turkish military and political observers said that although the US envoy's logic may be convoluted, it's not entirely incorrect. [...]
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‘Will use if needed’: Erdogan says Turkey didn’t buy S-400 from Russia ‘to keep them in store’
Turkey didn’t acquire the Russian-built S-400 air defense systems for them to collect dust and may use them, President Recep Tayyip Erdogan has said, adding the purchase was to reduce Ankara’s dependency on US arms supplies. “We will not just buy the S-400s and place them in a storehouse. We will use them if need be,” Turkish President Recep Tayyip Erdogan said on Monday, as quoted by Hurr [...]
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US Senate’s Move to Block F-35 Supplies Won’t Stop Turkey From Buying S-400 – PM
Turkey will find alternatives after the US Senate's decision to suspend Ankara's participation in the F-35 fighter jet production program, Turkish Prime Minister Binali Yildirim said, after the US Senate decided to stop the jet deliveries over Ankara's intention to buy S-400s. [...]
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No F-35s for Turkey: US Senate blocks sale of fighter jets to Ankara
US Senators have voted to block the sale of F-35s to Turkey, slamming their NATO ally for plans to buy Russian S-400 missile batteries. Ankara warned of “an alternative” should the deal be called off. The first of the 100 US-made F-35 fighter jets were to be delivered to Turkey on June 21 but now the whole deal might be off as the US Senators voted to kill the sale. [...]
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NATO Fears ‘Moscow’s Eye’ Amid S-400 Deal With Turkey – German Media
Members of the military bloc are anxious about the purchase of Russian S-400 surface-to-air missile systems by Turkey. Here is why. NATO fears "Moscow's eyes" on the territory of its member states, as the maintenance —400 anti-aircraft missile systems purchased by Turkey will require Russia's assistance, German Spiegel magazine wrote. [...]
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Turkey tells Israeli ambassador to leave the country over Palestinian protest deaths
Turkey has told Israel's ambassador to Ankara to leave the country over the killing of dozens of Palestinian protesters by Israeli forces, according to media reports. Eitan Naeh was summoned to the foreign ministry in Ankara on Tuesday and asked to leave over the deaths at the Gaza border, Haaretz reported. He was told to leave "for some time," a source told Reuters. [...]
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Turkey Recalls US, Israel Ambassadors Over Gaza Slaughter
In response to the violence in Gaza, Turkish President Recep Tayyip Erdoğan has recalled the country's ambassadors to both the US and Israel, accusing Israel of "state terror" and "genocide." According to reports, Erdogan is recalling the ambassadors for consultations over the ongoing situation in the Gaza Strip. [...]
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US chose to be ‘part of problem,’ not solution, with embassy move to Jerusalem – Erdogan
By moving its embassy from Tel Aviv to Jerusalem, Washington is choosing to be part of the problem in the Middle East rather than working towards a solution, Turkish President Recep Tayyip Erdogan said. “The United States has chosen to be a part of the problem rather than the solution with its latest step and has lost its mediating role in the peace process,” Erdogan said in a speech at Britai [...]
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Turkey repatriates gold from US in bid to ditch dollar
Turkey has decided to bring back all its gold stored in the US Federal Reserve, according to Turkish media. In recent years, Ankara repatriated 220 tons of gold from abroad, and 28.7 tons was brought back from the US last year. Turkey’s gold reserves are estimated at 564 tons and are worth about $20 billion, Turkish newspaper Yeni Safak reported. [...]
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Erdogan on S-400 Purchase Amid Russia Sanctions: ‘Turkey Decides Fate Itself’
ANKARA (Sputnik) - Turkish President Recep Tayyip Ergodan reaffirmed on Monday Ankara’s determination to purchase Russian S-400 Triumf air defense systems despite the new US sanctions against Russia's state arms exporter Rosoboronexport. [...]
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95% of Turkey’s Population Oppose Alliance With NATO, US – Former General
The Turkish government has clashed with the US and other NATO members on a number of occasions in the past few years, raising questions over the country's membership of the military bloc and its future relations with the West. [...]
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Moscow wants to get rid of dollar & euro payments in oil trade with Turkey and Iran
Russian Energy Minister Aleksandr Novak said the country is considering an option of payments for oil in national currencies, in particular with Turkey and Iran. According to him, both countries are interested but there is also a matter of conversion of currencies and their further use. [...]
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Erdogan calls Netanyahu a ‘terrorist’ in wake of Gaza deaths
Turkish President Recep Tayyip Erdogan has launched a blistering attack on Benjamin Netanyahu, calling his Israeli counterpart the “leader of a terrorist state” following the deadly shooting of protesters in Gaza. Erdogan made the comments at his party’s congress in southern Turkey. Addressing the event, the president slammed Netanyahu’s criticism of Turkey’s military operation in Syria. [...]
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Breaking News: Turkish Forces Capture North Side of Afrin
While Afrin is falling into the hands of the most brutal forces in the world the Battle for Damascus looms. Russia has issued a warning to the US that it will defend its soldiers that are stationed in Damascus. Vowing to take out the delivery vessels that target Damascus. Also in Belarus the military has been order to check its readiness for military confrontation. Citizens of Syria fleeing Eas [...]
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Russia Agrees to Speed Air Defense System Delivery to Turkey
Russia will speed up the delivery of its S-400 air defense systems to Turkey at the latter’s request, says Russian presidential aide Vladimir Kozhin. Talking to TV channel Rossiya 24, Kozhin, aide on military and technical cooperation to the president of Russia, said that Russia plans to start shipping the systems in early 2020. [...]
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