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Germany Says Turkey and Greece to Join Missile-Defense Plan

(Bloomberg) Turkey and Greece will formally join a German-led missile-defense project Thursday, taking the number of members of the so-called European Sky Shield Initiative to 21, according to German Defense Minister Boris Pistorius.Most Read from BloombergJapan Loses Its Spot as World's Third-Largest Economy as It Slips Into RecessionIsrael Quits Ceasefire Talks Over ‘Delusional’ Hamas DemandsThe Brutal Reality of Plunging Office Values Is HereTrump Eyes NATO Makeover, Hurried Peace in Ukrai

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Germany Says Turkey and Greece to Join Missile-Defense Project

Germany Says Turkey and Greece to Join Missile-Defense Project
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Germany says Turkey and Greece to join missile-defense plan

Germany says Turkey and Greece to join missile-defense plan
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Turkish Current-Account Gap Narrowed Slightly in Turnaround Year

(Bloomberg) Turkey narrowed its current-account deficit last year after a sharp policy reversal started to cool off domestic demand in the almost $1 trillion economy by aggressively raising interest rates.Most Read from BloombergTrump Asks Supreme Court to Keep DC Election Trial on HoldPentagon Chief Austin in Critical Care for Bladder IssueTrump Says There’s ‘No Way’ Taylor Swift Can Endorse BidenTemu Spent Millions on Six Super Bowl Ads as It Tries to Win Back US ShoppersBalance-of-payments

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UAE Defense Firm Weighs Multibillion-Dollar Turkey Investments

UAE Defense Firm Weighs Multibillion-Dollar Turkey Investments
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Latest Articles

Latest Articles
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Turkish Banks Tumble After Central Bank's Move, Bonds Rally

Turkish Banks Tumble After Central Bank's Move, Bonds Rally
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Turkey set for runoff as Erdogan falls just short of victory

Turkey will hold a runoff election, with President Recep Tayyip Erdogan just failing to secure enough votes for a first-round victory. The 69-year-old, looking to extend his two decades in

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Quake Latest: Stock Market Closure Debate; Steel Output Hit

(Bloomberg) Turkish officials are considering extending a closure of the Istanbul stock market past Wednesday, according to people familiar with the matter. Turkish opposition urged Capital Markets Board and Borsa Istanbul’s top officials to resign for keeping the stock market open in the first days after two powerful earthquakes rocked Turkey’s southeast and Syria, killing more than 37,000 people. Twin quakes hit 32% of Turkey’s steel production according to an industry association. Key Developments: Turkish Business Group Sees Quakes’ Economic Toll at $84 Billion Why Turkey’s Next Election Is a Real Test for Erdogan: QuickTake Turkish Anger Turns to Erdogan Over Quake Delays, Weak Buildings Quake Aid Is Political Pawn as Powers Clash Over Syria Access Turkey Wants Russian Green Light for Faster Aid Flow Into Syria (All times Istanbul, GMT+3) Death Toll Nears 38,000 (3:30 p.m.) The death toll in Turkey from the two quakes rose to 31,643, disaster management agency AFAD sai

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Quake Latest: Deaths Top 23,000; Politics Complicate Syrian Aid

(Bloomberg) Turkish President Recep Tayyip Erdogan said the initial state response had been slowed by the fact that emergency personnel and their families were themselves trapped under collapsed buildings. BoFA estimates that rebuilding costs in Turkey could be between $3 billion and $5 billion, or possibly more. The Turkish banking regulator relaxed credit-card repayment rules for those in affected areas as well. The death toll in Turkey and Syria surpassed 23,000, with tens of thousands still missing. Over 86,000 have been evacuated from the earthquake area. Key Developments Turkish Anger Turns to Erdogan Over Quake Delays, Weak Buildings Quake Aid Is Political Pawn as Powers Clash Over Syria Access Turkish Opposition Targets Market Regulators After Stock Turmoil Turkey Wants Russian Green Light for Faster Aid Flow Into Syria Turkey’s Main Opposition Files Complaint Over Twitter Blackout (All times Istanbul, GMT +3) Credit-Card Payment Rules Eased (9:24 p.m.) Turkish banking regu

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