United States Sanctions Turkey over Russian S-400 System
The United States imposed CAATSA sanctions on Turkey’s defence procurement agency over Ankara’s acquisition of Russia’s S-400 system.
The United States imposed CAATSA sanctions on Turkey’s defence procurement agency over Ankara’s acquisition of Russia’s S-400 system.
Turkey’s central bank raised its benchmark interest rate by 475 basis points to 15 percent in a major shift intended to support the lira and contain inflation.
Treasury and Finance Minister Berat Albayrak announced his resignation as Turkey confronted currency weakness and economic pressure.
Former finance minister Naci Ağbal was appointed central-bank governor after a period of currency weakness and depleted reserves.
A magnitude 7.0 Aegean earthquake caused deadly building collapses and flooding in İzmir and on the Greek island of Samos.
Turkey and Greece agreed to restart exploratory discussions after a four-year pause and weeks of tension over eastern Mediterranean boundaries.
Turkey announced a major natural-gas discovery in the Black Sea, presenting it as a step toward reducing dependence on imported energy.
Turkey deployed the Oruç Reis seismic research vessel into contested eastern Mediterranean waters, sharply increasing tensions with Greece.
Turkey’s parliament passed legislation requiring major social-media companies to appoint local representatives and comply with expanded content-removal powers.
A Turkish court annulled Hagia Sophia’s museum status, and the government redesignated the Istanbul monument as a mosque.