Turkey, unlike its NATO allies, is increasing its defense spending. Currently, Turkey spends 1.8 percent of its GDP on defense, versus an average of 1.6 percent for all NATO members. France, Britain, Poland, Bulgaria and Greece all spend between 2-2.6 percent.
Turkey has to spend more for several reasons, one of them being they still have [...]
Israeli and Greek leaders have been increasing diplomatic overtures with one another in an attempt to throw Turkey off balance. With this cooperation, Israel wants to distract Turkey from its attempts to become a Middle Eastern power, while a weakened Athens wants to show Ankara it has options for maintaining the balance of power in [...]
Turkey’s electricity demand is envisioned to increase 6.3-7 percent between 2009 and 2018.
Deloitte, an international consulting and accounting firm, prepared a report on Turkish electricity energy market, and envisioned that Turkey’s electricity energy demand would increase incrementally in medium and long term after the global economic crisis.
According to the report, electricity energy sector constitutes 2.5 [...]
A German energy firm said on Friday that it was constructing a 500 million Euro power plant to Turkey as it had confidence in Turkish economy.
German energy company, RWE, has started to construct an energy power plant in the Aegean province of Denizli together with its Turkish partner Turcas Corporation.
“We will provide permanent employment to [...]
Russian natural gas supplies to Turkey via the Blue Stream pipeline have nearly doubled because of a pipeline explosion in Iran, Gazprom spokesman Sergei Kupriyanov said Aug. 26, RIA Novosti reported. Gazprom is now sending 37 million cubic meters of natural gas to Turkey per day, Kupriyanov said.
Two Iranian passenger planes made an emergency landing at Istanbul’s Ataturk Airport on Aug. 26, APA reported, citing Dogan News Agency. Mahan Air’s Airbus A300 flying from Tehran to Dusseldorf, Germany, was forced to make the landing when pilots noticed a fire in the engine. An hour later, Iran Air’s Airbus A300 encountered undisclosed problems [...]
The relationship between the ruling Justice and Development Party (AKP) and the Gulen movement — allies in undermining the power of Turkey’s unelected secular establishment in the military and judiciary — appears to be fraying. The differences are rooted in the proper role for Turkey on the international stage and the speed at which the [...]
Iran said Turkey will cooperate in constructing two petrochemical plants in the country amid growing pressure on Turkey to give up its economic deals with the Islamic republic over sanctions.
Iranian Deputy Oil Minister Abdolhossein Bayat said on Monday that talks with Turkish companies have been accelerated on the joint construction of petrochemical units, Iranian Press [...]
Turkey and Azerbaijan need to act in solidarity, cooperation and brotherhood, Turkish President Abdullah Gül said Monday during a two-day formal visit to the Caucasus country.
“We are one nation with separate states. We come together frequently based on such an understanding. We will continue our solidarity and cooperation,” Gül said Monday after signing a treaty [...]
A man carrying a knife and a toy gun broke into the Turkish embassy in Israel Tuesday and attempted to take a diplomat hostage before being overpowered by security, Turkey’s foreign ministry said.
The intruder, who identified himself as a Palestinian, climbed to the first storey of the mission in Tel Aviv, [...]
Turkish-Korean defense cooperation at full speed
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