Turkey and Israel to appoint ambassadors and restore diplomatic ties
…Israel and Turkey began talks on restoring ties earlier this year, when President Isaac Herzog become the first Israeli head of state to visit Turkey in 14 years….
Contract for delivery of 2nd regiment of S-400 system signed with Turkey- Russian agency
A contract has been signed to deliver a second regiment of the S-400 missile system to Turkey, with the production of some components to be localized there, the head of the Federal Service for Military-Technical Cooperation (FSVTS), Dmitry Shugayev, told TASS on the sidelines of the Army-2022 international forum on Tuesday.
Turkish surge in exports to Russia raises western fears of closer ties
…The $313mn rise between July 2021 and July 2022 was the largest for any country that Turkey exports to….
Turkey’s Central Bank lowers interest rates 425 bps
The Central Bank of Turkey (CBRT) on Thursday lowered its one-week repo rate 425 basis points.
NATO concerned about U.S. sanctions against Turkey
Turkey’s decision to purchase Russian S-400 missiles causes a situation of concern in NATO headquarters in Brussels. The military alliance wants to avoid an escalation between two of it’s key members.