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...
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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 raids Syrian army outpost in northern Syria
Turkish raids in northern Syria on Sunday struck outposts operated by the Syrian army and Kurdish-led forces, killing three, a Britain-based war monitor said. The raids near the Kurdish-held border town of Kobane targeted positions of the Syrian army and the Syrian...
Turkey accuses rights activists and RSF rep of terrorism
Turkey on Wednesday opened the retrial of the country's Reporters Without Borders (RSF) representative and two other...
Turkey: Controversial appointment of new university chief pivots to international affairs and LGBT issues
Turkey on Thursday rejected US criticism over mass detentions of students during a month of escalating protests,...
Greece and Turkey seek to appease tension with first direct talks in five years
Greece and Turkey bowed to EU pressure on Monday and locked horns in the first direct talks in nearly five years over...
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