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Turkiye Suspends All Trade With Israel in Surprise New Blow; Israel Threatens Retaliation
Turkiye Suspends All Trade With Israel in Surprise New Blow; Israel Threatens Retaliation Last night, Bloomberg broke the story that Turkiye has suspended all trade with Israel. The Bloomberg account noted that Turkiye had announced the day before that it was joining South Africa in its genocide case against Israel. A later Financial Times story provides […]
Failures of an Economic Hitman in Turkey: Erdogan Re-elected
Failures of an Economic Hitman in Turkey: Erdogan Re-elected President Erdogan’s re-election in Turkey is a monumental failure of Western pressure. Because of it, it’s time to take our eyes off Ukraine and look at a different theater of World War III with equal if not bigger implications. Turkey is another in a now long […]
Turkiye’s Erdogan Flips Syria on its Head
Turkiye’s Erdogan Flips Syria on its Head While we are all, rightfully, worried about what’s going on in Ukraine, those sneaky Russians are shoring up their situation on the south shores of the Black Sea and Eastern Mediterranean. As reported last week the meeting between Russia, Turkiye, and Syria took place between their Defense Ministers where […]
Politics, climate conspire as Tigris and Euphrates dwindle
Politics, climate conspire as Tigris and Euphrates dwindle DAWWAYAH, Iraq and ILISU DAM, Turkey (AP) — Next year, the water will come. The pipes have been laid to Ata Yigit’s sprawling farm in Turkey’s southeast connecting it to a dam on the Euphrates River. A dream, soon to become a reality, he says. He’s already […]
Turkey Adopts Legislation That Could Jail Journalists for ‘Disinformation’
Peoples’ Democratic Party’s Zuleyha Gulum holds a banner “Truths cannot be obscured” as she stands with a covered mouth, in protest over a new media law that could lead to up to three years of jail for spreading “fake news” by reporters and social networks users, at the Turkish Grand National Assembly in Ankara, Turkey, […]
Zelensky Urges Biden To Impose No-Fly Zone Over Ukraine; Turkey Shuts Straits To All Warships
Zelensky Urges Biden To Impose No-Fly Zone Over Ukraine; Turkey Shuts Straits To All Warships Update(1845ET): Ukraine’s President Zelensky has urged the West to consider imposing a no-fly zone against Russian aircraft. Zelensky on Monday appealed directly to Joe Biden to consider a no-fly zone for “significant parts” of Ukraine. The Ukrainian leader issued the statement in an exclusive […]
Turkey Hit By Unprecedented Power Outages As Iran Halts Gas Flows
Turkey Hit By Unprecedented Power Outages As Iran Halts Gas Flows A disruption to natural gas imports from Iran has caused an unprecedented level of power cuts in Turkey. The power cuts have largely impacted major industrial zones, with some companies forced to halt production as a result. Iran claims that its natural gas flows […]
Oil Spikes To Fresh 7-Year High After Key Iraq-Turkey Pipeline Explosion
Oil Spikes To Fresh 7-Year High After Key Iraq-Turkey Pipeline Explosion Despite dollar strength today (and more worrisome ZeroCOVID actions from China), oil prices continued to rise but news after-hours that an explosion knocked out a major pipeline sparked more upside. Little is known about the cause, but the explosion at a pipeline connecting Northern […]
The Criminalization of Preppers in Turkey: Will Our Country Be Next?
The Criminalization of Preppers in Turkey: Will Our Country Be Next? History has shown us that collectivism detests the individual. The man who can exist independent of the system, who thinks for himself, who is not easily swayed, and who has values rooted in absolute truth which he refuses to give up – this is […]
Turkey Halts All Stock Trading As Currency Disintegrates, Central Bank Powerless To Halt Collapse
Turkey Halts All Stock Trading As Currency Disintegrates, Central Bank Powerless To Halt Collapse Another day, another collapse in the Turkish lira, only this time there was a twist: as the hyperinflating currency implodes, Erdogan has finally had enough of the relentless pummeling, and is starting to shut down its markets. But first, let’s back […]
The Geopolitical Game That Could Transform Gas Markets
The Geopolitical Game That Could Transform Gas Markets An apparent detente between the UAE and Turkey could be one of the most significant geopolitical developments in the region for decades If Mohammed bin Zayed can succeed in exploiting Turkey’s economic crisis, the East Mediterranean natural gas fields could finally be exploited and sent to market […]
Turkey On Verge Of Currency Collapse As Lira Implodes, Crashes 4% In Minutes
Turkey On Verge Of Currency Collapse As Lira Implodes, Crashes 4% In Minutes In recent weeks we have had our share of humorous hot takes on the current state of Turkey’s currency, which thanks to the “sage” economic despotism of the country’s authoritarian ruler has been in freefall for much of the past decade. folks, […]
NATO Sliding Towards War Against Russia in Ukraine
NATO Sliding Towards War Against Russia in Ukraine As far as Ukraine goes, Ankara seems to be setting the pace for NATO’s deepening involvement in the country’s war. Russia is investigating reports of Turkish attack drones being deployed for the first time in Ukraine’s eight-year civil war. The Ukrainian Armed Forces (UAF) under the command […]
Erdogan Declares 10 Western Ambassadors ‘Persona Non Grata’
Erdogan Declares 10 Western Ambassadors ‘Persona Non Grata’ Turkish President Tayyip Erdogan said on Saturday he’s now given the orders to declare 10 Western ambassadors persona non grata “as soon as possible” – however it’s unclear whether this means they’ll be forced to leave the country. “I told my foreign minister to declare these 10 ambassadors as persona […]
“Apocalyptic Scenes” – Wildfires Consume Turkey
“Apocalyptic Scenes” – Wildfires Consume Turkey Wildfires have been ravaging Turkey’s Mediterranean coast for the past few days, killing four, burning thousands of building structures, and affecting more than a dozen provinces. Turkish presidential spokesman Ibrahim Kalin called the wildfires a national disaster. According to Reuters, at least 60 wildfires have broken out across the country’s […]
