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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 AccessUS-Turkey Ties Brighten as Path Opens to Approve F-16 Deal
LOCAL NEWS
- Biden administration reportedly asks Congress to OK its F-16 arms deal with Turkey for 40 jets and 80 modernisation kits worth $6bn in an important step forward for US-Turkey relations. Last week various senators said the deal was in US interests – Sabah
- Cavusoglu set to meet Blinken on 18 May in the US to discuss the strategic mechanism to expand bilateral cooperation and conflict resolution between the US & Turkey. – Sabah
- Fourth drillship expected to arrive in Turkey as soon as next week (19 May) according to international shipping data and will start East Med exploration in the summer.
- Turkey continues to explore the Sakarya gas fields said to hold enough reserves to meet household demand for 30 years. Ankara aims to start pumping into its grid from 2023 with sustained plateau production starting in 2027 or 2028 – Sabah
- Turkey is preparing for two important diplomatic attempts ‘in the coming days’; First is on relations with Egypt and the other is on the Russia-Ukraine crisis with the humanitarian contact group expected to meet soon.
- While it is expected that contacts with Egypt will be brought to the level of foreign ministers, technical meetings are planned between UN, Turkey, Russia and Ukraine within the framework of back-door diplomacy. – Hurriyet
Data/Events
- FinMin Nebati to meet business groups to discuss inflation
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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.