Free Trial

Erdogan Puts the Brakes on Nordic Countries' NATO Bid

TURKEY

LOCAL NEWS

  • President Erdogan says he will not support Finland & Sweden’s NATO bid. Erdogan said they “should not tire themselves” by coming to Ankara to convince Turkey to approve their status as they continue to harbour terrorists (PKK).
    • Erdogan said he cannot approve nations that apply sanctions against Turkey (ban on weapons sales to Turkey). Meetings were expected to be held in Ankara yesterday on the issue. – Sabah
  • ORC’s latest election survey on the 15-month voting changes between May 5 & 8 shows AKP received 28%, CHP 24.1%, and IYI Party 18.4% of the vote. The AKP saw the biggest change, losing more than 8% of the votes from 36.8% in Feb 2021. Conversely, the IYI Party increased its votes from 10.8% to 18.4%. CHP also increased its support from 22.3% to 24.1% - Cumhuriyet
  • Erdogan’s Aide Kalin says Ankara must maintain a diplomatic balance so as to eventually facilitate negotiations to end the war. While Ankara has criticised Russia’s invasion of Ukraine, it would be of no benefit to take a more punitive stance against Russia. – Ahval

Data:

  • 0800BST: Apr Home Sales, 134.2k prior
  • 0800BST: Apr Home Sales y/y, 20.6% prior
  • FinMin Nebati attends general eassembly of the association of participation banks in Istanbul
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.