Turkey Current Affairs, GK & News

Israel Greece sign Defence Deal

Israel and Greece have signed their biggest ever defence procurement deal. The agreement amounted to 1.65 billion USD. It will strengthen economic and political ties between the countries. Also, the countries launched a joint exercise. What is the agreement? Under the agreement, a training centre for the operation of Hellenic Air Force (the Air Force ..

Month: 

Category: 

Topics: 

Turkey bans Crypto Currency payments

The Bitcoin currency tumbled more than 4% after the Central Bank of Turkey banned the use of Crypto currencies and crypto assets for purchases. The bank cited possible irreparable damages and transaction risks as the reason for the ban. The ban followed actions of Morocco in banning the currency and is expected to be implemented ..

Month: 

Category: 

Topics: 

Why is Turkey’s Salda Lake called ‘Mars on Earth’?

The scientists are looking for the signs of ancient life on the Red Planet with the help of data gathered by the NASA’s rover Perseverance which is exploring the surface of Mars. Scientists find that the data collected on the mission is much closer to home at the Salda lake located in southwest Turkey. Highlights ..

Month: 

Category: 

Topics: 

Turkey’s New bill to monitor civil society groups

The Turkish Parliament recently passed the act called “Preventing Financing of Proliferation of Weapons of Mass Destruction”. The bill would increase the monitoring of civil society groups. About the Bill The bill was passed following the 2019 report on Turkey prepared by the Intergovernmental body Financial Action Task Force (FATF). The FATF fights money laundering ..

Month: 

Category: 

Topics: 

What are CAATSA Sanctions?

The United States recently imposed sanctions on Turkey under section 231 of the Countering America’s Adversaries Through Sanctions Act, CAATSA. The sanctions were imposed for buying Russian made S400 anti-Missile system. What is in it for India? The United States has reiterated its warning to India and other countries upon acquiring equipment from Russia. Key ..

Month: 

Category: 

Topics: