As the Federal Reserve and other central banks around the world deal with rising inflation amid the economic recovery from the pandemic, Turkey – where the rate is currently over 20% – offers a warning. Soaring inflation has led to economic turmoil after years of broad growth. Photo: Sedat Suna/Shutterstock More from the Wall Street…
Turkey is on the brink of finalizing the acquisition of Eurofighter, according to a report by Habertürk, citing sources within the Turkish Ministry of Defense. Source
Turkey said it launched strikes on Kurdish militants in Iraq and Syria Wednesday after blaming them for an attack that killed five people at a defense firm near Ankara. A further 22 people were wounded in the attack, which the government said was “very likely” carried out by the outlawed Kurdistan Workers’ Party (PKK). Hours…
Russian Foreign Minister Sergey Lavrov dismissed the possibility of Turkey handing over the Russian-made S-400 air defense system to the United States. Source
On 19 October, during his official visit to Turkey, Germany’s Chancellor Olaf Scholz met with Turkish President Recep Tayyip Erdoğan in Istanbul. During a press conference, the two leaders outlined key areas of cooperation, including issues related to maintaining stability in the Middle East, achieving a cease-fire in the Gaza Strip, and preventing the escalation…
According to information published by Middle East Monitor on October 12, 2024, Turkish President Recep Tayyip Erdoğan and Serbian President Aleksandar Vučić announced a strategic collaboration between their countries in the defense industry during an official visit to Belgrade.Follow Army Recognition on Google News at this linkThe Bayraktar TB3 Unmanned Combat Aerial Vehicle. (Picture source:…
Turkey is reportedly making significant strides in discussions with the US on plans to decommission its Russian-supplied S-400 long-range air defense systems. Source
On 2 September, Turkish state-owned energy company BOTAŞ signed a 10-year contract with the British oil giant Shell for the annual supply of four billion cubic metres of gas to Turkey starting in January 2027. The contract also allows for the re-export of LNG from Turkey to other European countries, depending on domestic market demand.…
Turkey’s President Recep Tayyip Erdogan has lashed out at the United Nations for inaction on Gaza and accused Israel of turning the Palestinian territory into the “world’s largest children’s and women’s cemetery”. Speaking at the UN General Assembly in New York on Tuesday, he said, “In Gaza, not only are children dying, but also the…
The country’s Steel Dome concept aims to integrate a smattering of national capabilities for tracking and intercepting aerial threats. Source
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