City Ankara Financial News

23.11 / 11:33
Money Dozens injured as 5.9-magnitude earthquake rocks northwestern Turkey
A magnitude 5.9 earthquake hit a town in northwest Turkey early on Wednesday, causing damage to some buildings and widespread panic and injuring at least 50 people, mostly while they tried to flee their homes.
21.03 / 19:51
Citi Racing WhatsApp Justice gatherings Erdogan calls protest over Istanbul mayor's arrest 'street terror'
Recep Tayyip Erdogan said Friday the Turkish authorities would not be cowed by «street terror» after days of unrest over the arrest of Istanbul's powerful opposition mayor, Ekrem Imamoglu. "Turkey will not surrender to street terror," Erdogan said as the leader of the main opposition CHP called for nationwide protests later on Friday over a move it has denounced as a «coup». «Let me say it loud and clear: the street protests that the CHP leader has called for are a dead end,» Erdogan warned. The 53-year-old mayor-Erdogan's main political rival-was arrested Wednesday, days before he was to be named the CHP's candidate for the 2028 presidential race. The move sparked two days of protests that began in Istanbul and quickly spread to at least 32 of Turkey's 81 provinces, as per an AFP count. CHP leader Ozgur Ozel has called a third nightly protest outside Istanbul City Hall, urging demonstrators to hit the streets across Turkey at the same time, despite the justice minister warning that such calls were «unlawful and unacceptable».
01.03 / 10:21
markets security War peace Turkey to repeat offer to host Ukraine-Russia peace talks at London summit, source says
NATO-member Turkey hosted initial talks between the sides months after Russia's 2022 full-scale invasion of Ukraine, helping secure a deal for the safe passage of grain exports in the Black Sea. It has said any future peace talks must include both countries. While repeatedly calling for a ceasefire since 2024, Ankara has welcomed the U.S. initiative to end the war, which was derailed by a public argument between the presidents of Ukraine and the United States in Washington on Friday.
07.12 / 04:55
Citi wellness War Relationships Retreat of Syrian forces threatens ‘Saigon Moment’ for Russia
Subscribe to enjoy similar stories. A fast-advancing rebel offensive in Syria threatens to dislodge Russia from a strategic linchpin that Moscow has used for a decade to project power in the Middle East, in the Mediterranean and into the African continent. It also challenges Russian President Vladimir Putin’s efforts to portray Moscow as a flag bearer for an alternative global order to rival Western liberalism, and his defense of the Syrian regime as evidence of successful pushback against American dominance in the region.
25.10 / 18:21
markets Digital Strategy country reports Turkey dismisses reports that India opposed entry as BRICS partner nation
Turkey on Friday dismissed reports that India had opposed its entry as a BRICS partner country at the group's just-concluded Kazan Summit. A day earlier, a report had appeared in a German daily alleging that India had opposed Turkey's entry into the BRICS partner mechanism. Ankara's dismissal of the report came in an official statement. The news report also preceded German Chancellor Olaf Scholz's three-day official visit to India which began on October 25.
24.10 / 11:33
markets Target security country reports Turkiye strikes Kurdish militant targets in Syria and Iraq for second day
Turkiye struck suspected Kurdish militant targets in Syria and Iraq for a second day on Thursday following an attack on the premises of a key defense company which killed at least five people, the state-run news agency reported. The National Intelligence Organization targeted numerous «strategic locations» used by the Kurdistan Workers' Party, PKK, or by Syrian Kurdish militia that are affiliated with the militants, the Anadolu Agency reported. The targets included military, intelligence, energy and infrastructure facilities and ammunition depots, the report said. A security official said armed drones were used in Thursday's strikes. On Wednesday, Turkiye's air force carried out airstrikes against similar targets in northern Syria and northern Iraq, hours after government officials blamed the deadly attack at the headquarters of the aerospace and defense company TUSAS, on the PKK. Defence Minister Yasar Guler said Thursday that 47 alleged PKK targets were destroyed in Wednesday's airstrikes — 29 in Iraq and 18 in Syria.
23.10 / 16:01
BLOCK Platform security Instagram social reports Turkey terrorist attack: Authorities block X, Instagram and other social media platforms amid explosion in Ankara
#Turkey" in the aftermath of the incident. The restrictions align with a broader broadcast ban imposed by Turkish authorities as they seek to control the flow of information related to the attack.According to Selim Cirpanoglu, the mayor of Kahramankazan province, three people lost their lives and five others were injured in what has been described as a “terror attack" targeting the headquarters of Turkish aerospace and defense firm TUSAS, reported Mint previously.
21.09 / 06:21
Citi Gemini Charity Research Celebrity stage Twins conjoined at the head separated in marathon 14-hour surgery
Conjoined twins less than a year old have been separated by U.K. and Turkish surgeons in a marathon 14-hour surgery and are expected to make a full recovery.Minal and Mirha, 11-month-old girls from Pakistan, were born fused at the head, sharing several vital blood vessels. Now, following a two-stage procedure involving 60 medical professionals, the twins will get to celebrate their first birthday separately.According to The Sunday Times, the operation was arranged by a charity called Gemini Untwined, which specializes in treating and researching craniopagus twins — children born with fused skulls, intertwined brains, and shared blood vessels.
03.08 / 13:09
President social reports rights Videos Did Joe Biden walk into an empty plane during prisoner swap with Russia? Watch video
The event, which was meant to welcome the prisoners released by Russia, quickly went viral on social media. Many observers called for the invocation of the 25th Amendment. One comment read, «Where is Joe Biden going? The passengers on this plane have already disembarked.» Here's the video.
01.08 / 17:29
security President War country reports US Journalist Evan Gershkovich, ex-Marine released by Russia. This country facilitated largest prisoner-swap deal since Cold War
Moscow released Wall Street Journal reporter Evan Gershkovich and Paul Whelan in a multinational deal, according to officials in Turkey, where the exchange took place. The Journal confirmed that Gershkovich had been freed. It's the latest exchange between Washington and Moscow in the past two years, following a December 2022 trade that brought WNBA star Brittney Griner back to the US in exchange for notorious arms trafficker Viktor Bout.
14.05 / 01:03
MET Trade War country rights Greek and Turkish leaders seek to stress thawing relations but tensions remain under the surface
The leaders of Greece and Turkey have met for talks that were supposed to underline their efforts to put aside decades-old disputes but also revealed deep divisions between them
23.04 / 08:42
Cooper Waters Fighting security President Kurdish separatists and water issues loom large in long-awaited visit of Turkey's Erdogan to Iraq
Turkish President Recep Tayyip Erdogan is making his first official visit to Iraq in more than a decade as Ankara seeks greater cooperation from Baghdad in its fight against a Kurdish militant group that has a foothold in Iraq's north
10.04 / 09:33
Action Trade War Turkey and Israel announce trade barriers on each other as relations deteriorate over Gaza
Turkey and Israel have announced trade barriers on each other as relations deteriorate further amid the war in Gaza
01.04 / 02:35
Citi security Election President reports Turkish President Erdogan suffers shock defeat in Municipal elections; Opposition says, ‘this is only the beginning’
Reuters, the opposition emerged as a strong political force, with Istanbul Mayor Ekrem Imamoglu solidifying his position as Erdogan's main rival. Imamoglu led by a significant margin in the mayoral race in Istanbul, Turkey's largest city, with the Republican People's Party (CHP) also securing victories in Ankara and 15 other cities.
07.03 / 16:47
Provident Twitter Waters security country Turkey and Somalia strike an oil and gas cooperation deal for the Horn of Africa nation
The Turkish energy minister says Turkey and Somalia have struck an oil and gas cooperation agreement for the Horn of Africa nation
25.01 / 08:35
Reuters security President information Department Interviews US envoy sees rapid F-16s sale to Turkey after Sweden NATO bid sign-off
President Tayyip Erdogan will give a final sign-off on Sweden's NATO membership within days, triggering rapid steps toward U.S. Congress endorsing a sale of F-16 fighter jets to Ankara. In an interview on Thursday, Ambassador Jeff Flake said that once the formal ratification document is received in Washington, the U.S.
24.01 / 23:25
show stage country Relationships International Hungary is the last holdout for Sweden's NATO membership. So when will Orbán follow Turkey's lead?
After Turkey ratified Sweden’s bid to join NATO on Monday, Hungary became the last member of the military alliance not to have issued its approval
04.01 / 09:56
UPS country Turkey's monetary policy to remain tight 'for a while' -Simsek
ISTANBUL (Reuters) — Turkey's monetary policy will remain tight for a while to ensure that inflation falls and remains anchored at lower levels, Finance Minister Mehmet Simsek said on Thursday.
27.12 / 06:16
Racing Fighting Death President country strain In Turkey, Erdogan’s charges of Western hypocrisy stick
Turkey’s president to do just that. At a recent conference, Mr Erdogan was in his element, taking swings at Israel for bombing northern Gaza into the ground, and at Western duplicity. “A journalist is killed each day," he said, referring to the 68 media workers killed in Gaza since the start of Israel’s bombing campaign.
14.11 / 16:25
Blockchain Provident Digital Platform country reports recommendations crypto rules Turkey's crypto rules seen addressing licensing, taxation after boom
Turkey's new rules to regulate the crypto market are likely to focus on licensing and taxation, sector officials say, as the world's fourth-biggest crypto-trading country seeks to get off an international financial crime watchdog's «grey list». Ankara promised the regulations last month amidst a years-long boom in crypto trading, as soaring inflation and a plunging lira currency drives a demand for alternative assets.
13.11 / 15:46
Reuters Progressive Action awards country cover Why oil flows through the Iraq-Turkey pipeline have been halted
Here is an outline of the pipeline dispute: WHAT IS THE LATEST? On a visit to Erbil on Sunday, Iraqi oil minister Hayan Abdel-Ghani said he expects to reach an agreement with the Kurdistan Regional Government (KRG) and foreign oil companies to resume oil production from the Kurdish region's oilfields within three days, signalling a potential restart soon. Turkey had said last month the pipeline was ready to begin operations, but Iraq maintained it had received no official notification over the pipeline and a senior energy adviser told Reuters Baghdad was waiting to iron out «lingering financial and technical issues» ahead of any restart. WHY IS IT IMPORTANT? While Iraq, OPEC's second-largest oil producer, exports about 85% of its crude via ports in the south, the northern route via Turkey still accounts for about 0.5% of global oil supply. WHAT PROMPTED THE SHUTDOWN? Supplies of 450,000 barrels per day (bpd) were halted on March 25 after an International Chamber of Commerce (ICC) arbitration ruling. The ICC ordered Ankara to pay Baghdad damages of about $1.5 billion for unauthorised exports by the semi-autonomous Kurdistan Regional Government (KRG) between 2014 and 2018. KRG exports flow through a KRG pipeline to Fish-Khabur on the northern Iraqi border, where the oil enters Turkey and is pumped to the port of Ceyhan on its Mediterranean coast. Iraq's federal government says state-owned marketer SOMO is the only party authorised to manage crude exports via Ceyhan.

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