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MBS Visits Ankara

TURKEY
  • Erdogan is today due to meet with the Saudi crown prince bin Salman in Ankara – another step forward in the normalisation of relations between the two countries. The meeting is due to begin at 4.30pm local time (1430BST / 0930ET). Erdogan has said that the talks would focus on advancing Turkish-Saudi relations to a “much higher degree.”
  • Consumer confidence data deteriorated in June, slipping to 63.4 from 67.6 in May. The puts consumer confidence at the lowest levels on records going back to 2012.
  • Speculation around an earlier general election continues to circulate, with Hurriyet this morning writing that the Presidential and general elections could be brought forward to May 14th 2023 from their current date of June 18th.

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