Washington on Wednesday urged Turkey and Hungary to quickly ratify Sweden's NATO membership bid, which has been blocked for months due to a series of disputes with the two nations. "We look forward to soon welcoming Sweden as the 32nd (member of NATO). And to be...
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US Supreme Court rejects claim of sovereign immunity by Turkish bank Halkbank
The US Supreme Court rejected Wednesday the claim of sovereign immunity by a Turkish bank accused of violating Iran sanctions, in a case that has added tensions to ties between Washington and Ankara. Halkbank was hit with US criminal charges in 2019 that it took part...
Turkey arrests founder of cryptocurrency exchange Thodex
Thodex, suspected of having fled Turkey with the assets of his clients, arrived in Istanbul on Thursday after his extradition from Albania and was immediately taken into custody, officials said. Fugitive businessman Faruk Fatih Ozer is suspected of having fled Turkey...
Turkish banks abandon use of Russia’s card payment system Mir
By Fulya Ozerkan: Turkey's booming wartime trade with Moscow took a giant step back on Wednesday with confirmation that the last three banks still processing Russian card payments were pulling out under pressure from Washington. The decision follows weeks of...
Turkey cuts interest rate for second month despite soaring inflation
Turkey's central bank on Thursday cut its policy rate for the second straight month despite an annual inflation rate that has reached 80 percent and still moving higher. The central bank said it was cutting its one-week repo rate to 12 percent from 13 percent and...
Turkey to use rubles to pay for some of the gas imported from Russia
Russian President Vladimir Putin said Friday Turkey would pay for a quarter of its Russian natural gas imports in rubles under a new set of deals designed to boost trade. Putin made the announcement in opening remarks of his meeting with Turkish President Recep Tayyip...
Turkey court sentences 22 to life for their alleged role in 2016 coup attempt
A Turkish court on Wednesday sentenced 22 former soldiers to life in jail for their roles in a failed 2016 bid to oust...
Turkey – Sofagate: von der Leyen Turkish chair snub ruffles Brussels
A diplomatic faux pas that left EU chief Ursula von der Leyen without a chair as male counterparts took their seats at...
Turkey: Escalating tension between Turkey and Iran over Iraq
Turkey and Iran summoned each other's ambassadors on Sunday, Turkish and Iranian state media reported, escalating a...
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