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Turkey’s inflation ticks up to 62%

Turkey's annual inflation rate ticked up slightly in November, the state statistics agency said on Monday, showing further signs of levelling off following a series of sharp interest rate hikes. The rate moved to 61.98 percent last month from 61.36 percent in October,...

Turkey’s opposition fractures ahead of March polls

By Dmitry Zaks: Turkey's main opposition party lost a crucial ally Monday in its bid to form a united front against President Recep Tayyip Erdogan's ruling coalition in high-stakes March municipal polls. The secular opposition joined forces in landmark 2019 elections...

Turkey: Istanbul’s popular opposition mayor faces fresh trial

By Dmitry Zaks: Istanbul's popular opposition mayor went on trial Thursday on fresh corruption charges that could further cloud his hopes of succeeding President Recep Tayyip Erdogan. Ekrem Imamoglu has turned into one of Erdogan's most outspoken and openly ambitious...

Turkey hopes new US administration will reverse suspension from fighter jet program, but Biden likely to show more hostility toward Ankara

Posted On 15 January 2021

Turkish President Recep Tayyip Erdogan on Friday said he wanted to find a solution to Turkey’s suspension from the F-35 fighter jet programme with the new US administration under Joe Biden. Ties between the two NATO allies have been strained by Washington’s decision last month to punish Ankara for its purchase of the S-400 Russian air defence system with sanctions on its military procurement agency. Washington initially responded by suspending Turkey in 2019 from the F-35 programme of which Ankara was a major buyer and parts manufacturer. US officials warn that the S-400 system is incompatible with NATO hardware and could help Russia better target Western warplanes.

Erdogan called the US decision not to deliver the F-35 jets to Turkey “a serious mistake”. But he added: “I hope that we can hold talks and see positive results on this issue after Biden’s inauguration,” which will take place next week. Erdogan also said Turkey would have discussions with Russia on a second consignment of the S-400 system at the end of January. Turkish officials have said the second consignment was part of the original deal Ankara signed with Moscow in 2017. “We take our defence-related steps without seeking permission from elsewhere,” Erdogan told reporters. “We won’t allow another country to steer our path.”

Biden’s administration is expected to be more hostile to Turkey than the outgoing one of Donald Trump, who called Erdogan his “good friend”, and officials in Ankara have indicated their desire for improving relations. Turkish Defence Minister Hulusi Akar earlier this week urged dialogue with the US to resolve tensions over the S-400 purchase.

AFP

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Turkey’s inflation ticks up to 62%

Turkey's annual inflation rate ticked up slightly in November, the state statistics agency said on Monday, showing further signs of levelling off following a series of sharp interest rate hikes. The rate moved to 61.98 percent last month from 61.36 percent in October,...

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By Dmitry Zaks: Turkey's main opposition party lost a crucial ally Monday in its bid to form a united front against President Recep Tayyip Erdogan's ruling coalition in high-stakes March municipal polls. The secular opposition joined forces in landmark 2019 elections...

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