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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.
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Free AccessKey Opposition Ruled Out of General Elections; Unions Call to Suspend UK FTA
LOCAL NEWS
- Election authorities deem Ali Babacan's DEVA & Ahmet Devatoglu's Future Party ineligible for Turkey's upcoming general election, citing a lack of fulfilment of eligibility requirements.
- Turkish law requires parties to have branches established in half of the 81 Turkish provinces and organised their congress at least 6 months before elections.
- They can participate in the next 2023 elections if the criteria are met by then
- Turkey MinFin dismisses two out of three of Albayrak's former deputies over the weekend - Osman Dincbas & Bulent Aksu, and appoints Former Foreign Min Sinirlioglu as his key advisor & envoy to the UN
- UK & Turkish unions call for suspension of the UK-Turkey free trade agreement over concerns of poor treatment of Turkey's public employees & trade unionists.
- This makes ~75% of Turkey's exports to the UK subject to tariffs, triggering losses of $2.4bn on agri & industrial goods included in the FTA
- Presidential Spox says exploratory talks are an 'important step' in improving bilateral relations & the balance of power in the East Med. Says Turkey & EU are trying to stabilise the region and hopes for better relations with the US.
- Says "we have started making contacts with our US counterparts" and that opportunities for cooperation would emerge
To read the full story
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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.