Turkey

Turkey has been welcomed back into NATO’s good graces, and the U.S. has given the green light for a long-delayed $23 billion sale of F-16 fighter jets. What Happened: The decision to allow Sweden into NATO in late January, which required unanimous approval by all 31 members of the alliance,...

Bitcoin (CRYPTO: BTC) is back above $1 trillion in market capitalization and has hit an all-time high in the Japanese yen. This marks the first new all-time high in a major currency, following previous highs in the Argentine peso and the Turkish lira. What Happened: Bitcoin in JPY (BTC/JPY) is...

In a recent development, the U.S. Ambassador to Turkey, Jeff Flake, has indicated that the final approval for Sweden’s NATO membership is imminent. This is expected to trigger the U.S. Congress’ endorsement of a substantial F-16 fighter jet sale to Turkey. What Happened: Ambassador...

In a significant development, Turkey’s parliament has finally ratified Sweden’s NATO membership bid, a move that could potentially strengthen the Western military alliance against Russia. What Happened: The Turkish parliament voted 287-55 on Tuesday to approve Sweden’s application...

The latest news from Turkey reports the arrest of 34 individuals suspected of being connected to Mossad, the Israeli intelligence agency. These suspects are believed to be targeting Palestinians residing in Turkey. What Happened: On Tuesday, Reuters reported that these arrests are part of a larger...

Adding a new dimension to its diversified portfolio, Uber Technologies Inc. (NYSE:UBER) has launched hot air balloon rides in Turkey’s Cappadocia region. What Happened: According to a Business Insider report, the new service from Uber requires passengers to book 12 hours in advance using Uber...

President Recep Tayyip Erdoğan of Turkey voiced his disapproval of the vibrant decorations at the United Nations General Assembly, associating them with “LGBT colors.” This incident took place earlier this week in New York City. The multicolored lights had been put up to...

Tesla CEO Elon Musk and Turkish President Recep Tayyip Erdoğan shared an awkward small talk when the latter asked about Musk’s ‘wife,’ Business Insider reported.  Musk who was accompanied by his son X, replied to Erdoğan’s question stating, “Oh, she’s in San...

In a move that signals Turkey's ambitions to play a role in the electric vehicle (EV) sector, Turkish President Tayyip Erdogan proposed to Tesla Inc (NASDAQ: TSLA) CEO Elon Musk the idea of building a Tesla production facility in the country. Erdogan’s proposal followed Tesla's...

A Turkish court sentenced Faruk Fatih Ozer, the former head of the Thodex cryptocurrency exchange, to a staggering 11,196 years behind bars. The court's decision, announced this Thursday, was based on multiple charges, including aggravated fraud, money laundering, and heading a criminal group,...

In a pioneering move, Turkish-Dutch Corendon Airlines is set to inaugurate a special section strictly for adults on its international flights. As reported by The Hill on Monday, this unique offering aims to provide passengers without children and business travelers with a...

The Joe Biden administration has announced its intention to proceed with the sale of F-16 jet fighters to Turkey, a decision that comes after Turkey’s president withdrew his objections to Sweden’s NATO membership. However, National-security adviser Jake Sullivan has firmly rejected any...

The political landscape of the Western World is poised for a significant shift as Turkey’s President Recep Tayyip Erdoğan has voiced his support for Sweden’s bid to join the North Atlantic Treaty Organization. The announcement comes ahead of a summit of NATO leaders in Vilnius,...

In a recent phone call, U.S. President Joe Biden expressed his desire for Sweden to join NATO “as soon as possible,” discussing the matter with Turkish President Tayyip Erdogan. The call took place on Saturday, with both leaders agreeing to meet face-to-face at an upcoming NATO summit...

President Joe Biden is set to host Sweden’s Prime Minister Ulf Kristersson at the White House on Wednesday, demonstrating solidarity as the U.S. advocates for Sweden’s entry into NATO, AP News reports. Meeting Agenda The leaders will “review our growing security cooperation and...