US NOV FLASH MANUF PMI 48.8 (FCST: 48.9); OCT 48.5

MNI:Largest Canada New Home Price Dip Since `09 Led By Toronto

CANADIAN OCT FLASH RETAIL SALES +0.7%, 4TH STRAIGHT INCREASE

MNI China Daily Summary: Friday, November 22

MNI: PBOC Net Drains CNY345.9 Bln via OMO Friday

MNI BRIEF: Fed Should Explore Central Clearing At SRF-Hammack

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK Bond Supply Calendar: Gilt Syndi; IT, EU Due Monday

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL NOV INDEX 71.8

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Russia Pushes Back On Erdogan Crimea Comments Amid BRICS Membership Push

TURKEY
EM BulletHomepagemarkets-real-timePolitical RiskPolitical Risk BulletBulletEmerging Market NewsPolitical Market News

The Kremlin has saidthat it holds "completely divergent opinions" with Turkey regarding the rightful ownership of Crimea following President Recep Tayyip Erdogan's comments on 11 September. In a message to the 4th Crimea Platform Leaders Summit, Erdogan said "Our support for Ukraine's territorial integrity, sovereignty and independence is unwavering. The return of Crimea to Ukraine is a requirement of international law."

  • Kremlin spox Dmitry Peskov said that "...we do not abandon our deliberate attempts to explain to our Turkish friends and colleagues our point of view, our position", before blaming Ankara's stance on the US. Peskov: "As for Turkey's attempts to mitigate U.S. pressure, indeed, the U.S. is exerting undisguised pressure on the Turkish Republic, not shying away from intimidation, with consequences for the Turkish economy,"
  • A visit from Russian President Vladimir Putin to Turkey has been in the works for some time, but Erdogan's Crimea comments could push this back further.
  • The apparent disagreement comes amid conflicting signals on Turkey's official application to join the BRICS.
  • Russia Foreign Minister Sergey Lavrov has said that the BRICS is not considering expansion 'for a while', implying Turkey's NATO membership could be a hurdle to joining BRICS.Middle East Eye: "Lavrov’s mixed signals on Ankara’s Nato membership, creating obstacles along the way while revealing everything to the press, have rattled Turkey and increased suspicions that Russia has an agenda. “This is a negotiating tactic to move Turkey on some issues,” said an official from a Brics country."
244 words

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.

The Kremlin has saidthat it holds "completely divergent opinions" with Turkey regarding the rightful ownership of Crimea following President Recep Tayyip Erdogan's comments on 11 September. In a message to the 4th Crimea Platform Leaders Summit, Erdogan said "Our support for Ukraine's territorial integrity, sovereignty and independence is unwavering. The return of Crimea to Ukraine is a requirement of international law."

  • Kremlin spox Dmitry Peskov said that "...we do not abandon our deliberate attempts to explain to our Turkish friends and colleagues our point of view, our position", before blaming Ankara's stance on the US. Peskov: "As for Turkey's attempts to mitigate U.S. pressure, indeed, the U.S. is exerting undisguised pressure on the Turkish Republic, not shying away from intimidation, with consequences for the Turkish economy,"
  • A visit from Russian President Vladimir Putin to Turkey has been in the works for some time, but Erdogan's Crimea comments could push this back further.
  • The apparent disagreement comes amid conflicting signals on Turkey's official application to join the BRICS.
  • Russia Foreign Minister Sergey Lavrov has said that the BRICS is not considering expansion 'for a while', implying Turkey's NATO membership could be a hurdle to joining BRICS.Middle East Eye: "Lavrov’s mixed signals on Ankara’s Nato membership, creating obstacles along the way while revealing everything to the press, have rattled Turkey and increased suspicions that Russia has an agenda. “This is a negotiating tactic to move Turkey on some issues,” said an official from a Brics country."