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MHP Calls for S-400 Activation Amid Frayed US Ties, Banks Shun Canal Istanbul Funding

TURKEY

LOCAL NEWS

  • MHP leader Bahceli says "US ties are at a historical crossroads after Biden's use of the word genocide to commemorate 1915 events."
    • "the first thing we should do is activate the S-400s and get the money we paid for the F-35s back. I hereby declare that we will wilfully support every decision taken by our state and govt"
  • Canal Istanbul project faces headwinds as banks show reluctance to help finance the $13bn project aimed at circumventing the Bosporus strait over environmental concerns.
    • 6 of Turkey's top banks have signed global sustainability agreements prohibiting such funding – forcing Erdogan to possibly rely on state and foreign financing.
    • Surveys also show the majority of the population is against its construction
  • Turkey registers over 43,000 new daily covid infections & 346 deaths. Meanwhile Turkey launches its "vaccination persuasion" initiative aimed at improving vaccination rates in the reluctant elderly population (23.6% of >65 population).
    • Teams of doctors and health workers have been phoning/visting those refusing the vaccine to try persuade them otherwise - AA
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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