Keywords: Turkey


Dollar strength and hawkish Fed pressure emerging market carry trades

The carry trade strategy in emerging markets has lost momentum as global financial conditions tighten. Traders who previously benefited from borrowing in low-yield currencies and investing in higher-yield assets are now reassessing exposure. Expectations around US monetary policy have shifted sharply......

Moroccan activists freed after Gaza flotilla interception by Israel

Several Moroccan nationals detained during the interception of a maritime convoy bound for Gaza have been released following days of uncertainty over their status. The group, which included a journalist, was part of a larger flotilla carrying humanitarian participants who attempted to reach the enclave......

Turkey receives first emergency US oil shipment amid Hormuz crisis

Turkey is preparing to receive its first ever emergency crude shipment from the United States Strategic Petroleum Reserve as Washington expands energy exports to allies facing supply disruptions linked to the effective closure of the Strait of Hormuz. Tanker tracking data showed that American reserve......

Erdogan calls Israeli leaders “child killers” in sharp escalation

Turkish President Recep Tayyip Erdogan launched a direct verbal attack on Israeli Prime Minister Benjamin Netanyahu, declaring that no power could threaten Türkiye or its leadership while accusing Israeli officials of killing children. The remarks mark a new escalation in tensions between the two......

Halkbank hires EY to review sanctions and anti-money laundering compliance

Turkish state-owned lender Halkbank has appointed the global consulting firm Ernst & Young to conduct an independent review of its compliance with international sanctions and anti-money laundering regulations. The decision follows an agreement reached with the United States Department of Justice......

NATO intercepts second missile fired from Iran in Turkish airspace

A second missile launched from Iran was intercepted by defense systems operated by NATO after entering the airspace of Turkey, according to a statement released by the Turkish Ministry of Defense on Monday. The ballistic missile was reportedly neutralized by NATO air and missile defense units deployed......

Iranians fleeing war describe fear under relentless airstrikes

As military tensions escalate in the Middle East, civilians fleeing Iran are sharing alarming accounts of life under constant bombardment. Many have crossed into neighboring countries in recent days, describing nights filled with fear and uncertainty as explosions rocked cities across the country. Among......

Turkish and French Foreign Ministers discuss regional tensions in phone call

Turkey’s Foreign Minister Hakan Fidan held a phone conversation with French Foreign Minister Jean-Noel Barrot on Monday to discuss ongoing regional developments, according to Turkish diplomatic sources. The officials explored ways to reduce tensions in the region and reviewed potential measures......

Invasive species, drought, and climate shocks put global water security at risk

A growing convergence of invasive species, protracted drought, and intensifying climate extremes is placing critical water and food systems in India, Türkiye, and the United States under mounting strain, according to researchers and officials. From parched lakes in southern India to collapsing aquifers......