Home Tags Turkey

Tag: Turkey

Oil, gold, and bitcoin are jumping on Iran tensions before Trump reveals ‘major’ sanctions, while stocks are mixed

Rising US-Iran tensions and a prolonged US-China trade war have lifted commodities and cryptocurrencies.
Turkish TF-X fifth-generation fighter concept

Turkey unveils new stealth-fighter concept as the US prepares to kick its ally out of the F-35 program

The program was started to replace the aging F-16 fleet, but it may take on new urgency as the US prepares to kick Turkey out of the F-35 program.
President Donald Trump with Turkish President Recep Tayyip Erdogan at the UN General Assembly in New York, September 21, 2017.

The US is getting closer to punishing Turkey for buying advanced Russian weapons, but now another US partner is signing up to buy them

Turkey and the US are still discussing Ankara buying the S-400, but now US lawmakers want to block Turkey's F-35s and another US partner wants S-400s.
Turkey's president Erdogan.

Turkey’s central bank is boosting its reserves with ‘off balance sheet’ short-term swaps — and investors are aghast

Turkey's central bank has admitted that much of its currency reserves are held in short-term swap contracts.
Russian servicemen next to S-400 surface-to-air missiles after their deployment near Kaliningrad.

The US keeps warning Turkey that buying Russia’s S-400 missile system means it can’t have the F-35, but Turkey keeps doubling down

US lawmakers and the Trump administration have warned Turkey not to buy Russia's advanced air-defense system, but Ankara is undeterred.
Passengers walk in the departures terminal of new Istanbul Airport on Saturday.

Turkey’s national carrier moved all its flights from Istanbul’s old airport to its shiny replacement in a single, stressful, 41-hour ̵...

Turkish Airlines moved 44 tons worth of equipment from its old hub at Atatürk Airport to the new airport on Friday and Saturday.
Nusret Gökçe, aka Salt Bae, is a Turkish butcher, chef, and restaurateur.

How Salt Bae’s debt-laden steakhouse is highlighting major issues in Turkey’s economy

The owner of the steakhouse with a famous chef is struggling with debt. It's a problem for Turkish firms with dollar-denominated loans after the lira's collapse.
Powell repeated his dovish stance on rates over the weekend.

Stocks are getting a lift from China stimulus pledge and Powell comments — ‘We don’t feel any hurry’ on rates

Chinese and European stocks are edging higher, while US futures are gaining. Boeing's crash woes are set to drag the Dow lower.
Turkey's first F-35.

Russia could destroy the F-35 from within with a missile-defense sale to Turkey

Russia has failed to field a new fighter to compete with the US's F-35, but if its missile defense systems can get an inside look, it may not need to.

There’s a $200 million abandoned village of Disney-like castles in Turkey. Take a look inside.

Burj Al Babas was designed as a luxury community for foreign buyers, but its villas are still empty.