Turkey

PANNIER: Why the Turkmenistan, Iran gas “friendship” is back on

Bruce Pannier December 20, 2024

In tough struggle to find new export markets, Turkmen even agree to Iranian contractors building infrastructure in tightly controlled Central Asian country.

Syrian-Kurdish SDF’s fighters from outside Syria will leave if Turkey agrees ceasefire, says commander

bne IntelliNews December 20, 2024

Turkish president Erdogan, meanwhile, describes his country’s activities in other countries as part of a “sacred journey”.

Istanbul cruise port debt “re-restructured”, banks take 49% stake

Akin Nazli in Belgrade December 18, 2024

Dogus Galataport has three-year buyback option. With accrued interest, €1.5bn owed. Lenders may gain option to move to 51%-ownership if repayment plan fails.

Turkey launches Persian news media aimed at Iran

bne Gulf bureau December 18, 2024

Turkey's state television channel TRT launched its Persian-language service on December 18, the broadcaster announced.

Trump keeping Erdogan “on his toes” over unfolding Syria events, says analyst

bne IntelliNews December 18, 2024

Turkish leader now “not sure exactly where he sits” after US president-elect’s remarks on how the situation in Damascus is “controlled by Turkey”.

Senators threaten to hit Erdogan with sanctions if Syria ceasefire not declared with US-backed Kurdish fighters

bne IntelliNews December 17, 2024

As fears grow Turkey will attempt post-Assad attack on self-declared “Kurdistan” territories, lawmakers say “United States cannot stand idly by”.

EU Council says enlargement is a "geo-strategic investment in peace"

Valentina Dimitrievska in Skopje December 17, 2024

The enlargement process has been revitalised since the start of the war in Ukraine, but EU ministers say candidate countries must step up reform efforts.

COMMENT: Russia’s losses in Syria are Turkey’s gains

bnm Gulf bureau December 17, 2024

Russia’s hand in the Middle East has been dramatically weakened by the departure of Syrian president Bashar al-Assad, while Turkey’s has been strengthened.

Turkey will “hold key” to what happens in Syria, says Trump

bne IntelliNews December 17, 2024

By supporting anti-Assad forces, Ankara "did an unfriendly takeover without a lot of lives being lost", adds US president-elect.

Kosovo to set up its first ammunition factory with Turkish firm MKE

Valentina Dimitrievska in Skopje December 16, 2024

Kosovo is setting up a domestic arms industry amid heightened tensions with Serbia, which has been ramping up its defence procurement efforts.

Advanced economies have lower out-of-pocket healthcare spending

Florian Zandt for Statista December 16, 2024

According to the Global Health Expenditure Database by the World Health Organization (WHO), the global average out-of-pocket expenses related to health across 192 countries made up 30% of all health expenditures per capita in 2022.

US, Turkey tread carefully over tensions on future of Kurdish forces in Syria

bne IntelliNews December 16, 2024

Washington says it’s “imperative” that fight to ensure Islamic State “doesn’t rear its head again” goes on. But Ankara wants Kurd-led YPG militia at head of that effort dissolved.

Turkish carmaker Tofas axes 13% of workforce, Stellantis restructuring failures hit JV

Akin Nazli in Belgrade December 15, 2024

Problems competing with imported Chinese vehicles also taking toll.

Geothermal energy poised for major global expansion, says IEA chief Fatih Birol

Ben Aris in Berlin December 15, 2024

"Geothermal energy could see transformative global growth thanks to advancements in technology and expertise from the oil and gas sector," the International Energy Agency (IEA) said in a report groundbreaking report released on December 13.

Novi Robot tops Deloitte Technology Fast 50 Turkey 2024 ranking

Akin Nazli in Belgrade December 15, 2024

Developer of robotic automation systems for manufacturing plants is country's fastest growing tech startup.

Turkish embassy reopens in Damascus after 12-year hiatus

bne IntelliNews December 15, 2024

Turkey’s embassy in Damascus resumed operations on December 14.

Orban continues freelance peace mission with visit to Ankara

Tamas Csonka in Budapest December 13, 2024

Orban's solo diplomacy at the start of his rotating EU presidency almost led to Hungary being stripped of its presidency.

COMMENT: A stable Syria could become a major energy hub

Ben Aris in Berlin December 12, 2024

It’s been a pipe dream for decades, but with the fall of the Assad regime a stable Syria means a pipeline connecting Qatar to Turkey is possible, which would connect the gas fields of the Middle East to Europe.

US “scrambles” to respond to Turkish-backed Syria offensive targeting partner force Kurds

bne IntelliNews December 12, 2024

Israel has also spoken out in defence of Kurdish forces that were instrumental in defeating Islamic State caliphate.

Qatar-Turkey-Europe gas pipeline ambition could be back on following fall of Assad

bne IntelliNews December 10, 2024

Plan was rejected by Syria 15 years ago as, according to some observers, Damascus moved to protect ally Russia’s interests.

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