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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.
EUROPE
Turkish state media reporting that Foreign Minister Mevlut Cavusoglu has met with his Greek counterpart Nikos Dendias on the sidelines of the Globsec 2020 Bratislava Forum in Slovakia.
- This marks the first meeting between the two foreign ministers since the escalation in tensions in the region over the summer months.
- Tensions between Greece and Turkey (as well as Cyprus and Turkey, and indeed the wider EU and Turkey) remain high after months of geopolitical posturing by both sides regarding disputed maritime borders and hydrocarbon drilling rights in the eastern Mediterranean.
- Last week NATO (of which both countries are members) brokered the establishment of a military hotline between Athens and Ankara in an effort to avoid the outbreak of armed conflict between the two sides.
- The withdrawal of the Turkish seismic research vessel, the Oruc Reis, from the disputed area in mid-September was seen as a first step towards the de-escalation of tensions, although Greek PM Kyriakos Mitsotakis said it remained to be seen whether the withdrawal of the ship from disputed waters was a short-term ploy or a 'sincere move' towards de-escalation.
Map of Disputed Maritime Borders in Eastern Mediterranean
Source: AFP
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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