Turkey
Turkey and China could mediate Ukraine peace talks if US withdraws, Polish foreign minister says
Turkey and China could act as potential mediators in future Ukraine peace negotiations if the United States reduces its involvement, Polish Minister of Foreign Affairs Radoslaw Sikorski said on May 8.
Young generations face unprecedented climate extremes
More than half of children born in 2020 will experience unprecedented lifetime exposure to extreme heatwaves even if global warming is limited to 1.5°C above pre-industrial levels.
X blocks jailed Imamoglu’s account in Turkey
Opposition leader says move is "digital pillar" of coup mounted by regime to stop Turks electing president they want.
BioNTech boss ranked second on Forbes’ richest Turks list
Ugur Sahin and wife and business partner Ozlem Tureci became weathly thanks to a COVID vaccine.
Uber to pay $700mn for 85% stake in Turkey delivery unit of Alibaba’s Trendyol
Trendyol GO delivered 200mn+ orders in 2024 and generated $2bn in gross bookings.
COMMENT: Turkish opposition’s efforts to bring down Erdogan regime are just not working
Half-measures, be damned. The CHP had better step up its game. Or democracy is lost.
Turkey’s inflation dips further to 37.9% in April
But not according to independent economists. They say the headline rate increased to 80% from 75% in March.
Turkey’s opposition leader assaulted in Istanbul
Sequence of events led to Ozgur Ozel departing funeral via front door, where he was attacked in front of camera crews.
Post-war order teetering – rights watchdog
Eurasia “at forefront” of assault on individual freedoms.
COMMENT: Middle Corridor makes progress, but playing second fiddle to the Northern Route
The Middle Corridor linking China to Europe through the South Caucasus and Central Asia has expanded significantly in the aftermath of Russia’s invasion of Ukraine, but its long-term prospects remain uncertain.
PMI shows Turkish manufacturing stayed in doldrums in April, but some signs of improvement noted
Rate of input cost inflation quickened to fastest for a year amid currency weakness and higher raw material costs
Turkey pushes up exporter obligation to sell FX to central bank to 35% of revenues
Since detention of Erdogan's main political rival Imamoglu, government has struggled to ease pressure on the lira.
Turkish unicorn Dream Games raises $2.5bn in private equity round at $5bn valuation
Games developer's Royal Match ranked third in the world for the most in-app purchases in 2024, generating $1.4bn in revenues.
Turkey’s interference with judiciary has deepened, says Amnesty report
Erdogan regime continues to simply ignore local court and European court rulings that it does not like.
“Lost” Ottoman era painting reappears at Sotheby’s London, sold for a million at auction
Osman Hamdi Bey’s 1881 work Kahve Hazirlamak was bought by a Georgian prince around 1910. Its whereabouts became a mystery.
After Samarkand summit, Europe’s quest for Central Asian resources meets reality
Playing long game for rare earths.
Aid ship to Gaza hit by drone strikes near Malta in international waters
A ship carrying humanitarian aid to Gaza as part of the Freedom Flotilla Coalition's mission to break Israel's blockade has reportedly been hit by drone strikes in international waters near Malta.
Fund III of Turkey’s largest tech venture capital outfit Revo raises $86mn
Focus on fintech maintained. Bigger roles for B2B SaaS, cybersecurity and health technology, and energy and gaming introduced as dedicated verticals.
MOL and TPAO bring upstream partnership to Hungary
Hungarian oil and gas company MOL and Turkish peer TPAO are partnering on hydrocarbon exploration and production in the west of Hungary, Minister of Foreign Affairs and Trade Peter Szijjarto said.
Italy and Europe must raise their voices against coup in Turkey, opposition leader tells Italian daily
Ozgur Ozel gives interview as Turkish president Erdogan, accused of jailing man he knows he can’t beat in an election, visits Rome.