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Turkiye-EU political dialogue meeting to be held on Tuesday

May 30, 2022

A political dialogue meeting between Turkiye and the European Union is set to be held on Tuesday in Ankara, the Turkish Foreign Ministry said on Monday. The Turkish delegation will be led by Deputy Foreign Minister and Director for EU Affairs Faruk Kaymakci and Deputy Minister Sedat Onal, while the EU delegation will be headed […]

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OPEC revises down oil demand forecast for 2022

May 12, 2022

The Organization of the Petroleum Exporting Countries (OPEC) on Thursday revised down its global oil demand estimates for 2022 by around 210,000 barrels per day (bpd) compared to last month’s assessment.Global oil demand is now estimated to reach 100.3…

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EU ban on Russia could affect 3M barrels crude per day: Fitch

May 12, 2022

A proposed EU embargo on Russia could hit 3 million barrels per day of crude oil, Fitch Ratings said in a statement on Thursday.The global rating agency said the embargo would affect about 2 million barrels per day of oil products imported into the blo…

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India’s inflation surges to 8-year high of 7.79% in April

May 12, 2022

Annual inflation rate in India increased to 7.79% in April, the highest since May 2014, and above market forecast of 7.50%, according to official data on Thursday. The figure was 6.95% in March.The rise was mainly driven by hike in fuel and food prices…

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European development bank raises additional $1.1B in aid for Ukraine

May 12, 2022

The European development bank on Thursday raised €1 billion ($1.1 billion) in aid for Ukraine, on top of the €2 billion ($2.1 billion) resilience package, the bank’s president said.”Ukraine needs our help to support vital infrastructure and liquidity f…

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Turkiye condemns deadly terrorist attack in Afghan capital

April 20, 2022

Turkiye on Tuesday condemned deadly bomb blasts at a boys’ school in the Afghan capital Kabul, calling them “inhuman terrorist attacks.””We condemn these inhuman terrorist attacks in the strongest possible terms,” the Turkish Foreign Ministry said in a…

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NATO reaffirms commitment to defend allies

April 12, 2022

In a video posted on social media, NATO reaffirmed its commitment to defend member countries amid “the biggest threat to our security in a generation.”Since the beginning of Russia’s war in Ukraine, NATO has activated defense plans and deployed element…

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Improving Turkish-Israeli ties to strengthen regional stability: Top Israeli diplomat

April 5, 2022

Referring to the “warming of relations” between Turkiye and Israel, Lapid said “it is a blessed chance whose time has come,” according to a statement by Israel’s Foreign Ministry.“It also produces a great opportunity to deepen our ties and strengthen r…

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