Exclusive: A senior US Treasury official warns the UAE and Turkey against evading sanctions

WASHINGTON (Reuters) – The U.S. Treasury Division’s high sanctions official, throughout a visit to Turkey and the Center East subsequent week, will warn international locations and corporations that they might lose entry to G7 markets in the event that they do enterprise with entities topic to U.S. restrictions. Washington is cracking down on Russian makes … Read more

The protests in Stockholm, including the burning of the Quran, drew strong condemnation from Turkey

STOCKHOLM (Reuters) – Protests in Stockholm on Saturday in opposition to Turkey and Sweden’s bid to affix NATO, together with the burning of a duplicate of the Holy Quran, heightened tensions with Turkey at a time when the Scandinavian nation wants Ankara’s assist to achieve entry. for the navy alliance. Turkey’s Overseas Ministry stated, “We … Read more

Davos 2023: Global recession in 2023 seen as likely in World Economic Forum survey

DAVOS, Switzerland (Reuters) – Two-thirds of main private and non-private economists surveyed by the World Financial Discussion board count on a worldwide recession in 2023, the organizer of the Davos Discussion board mentioned on Monday, as enterprise and authorities leaders gathered. its annual assembly. About 18% thought of a worldwide recession “extremely probably” — greater … Read more