In a closely watched election, Recep Tayyip Erdogan emerged as the winner in Turkey’s runoff election, securing his rule until 2028. The victory comes after a challenging period marked by Turkey’s worst economic crisis in a generation. Erdogan’s ability to ..
Month: Current Affairs - May, 2023
More than 100 Armenian soldiers and 50 Azerbaijani soldiers have been killed during the recent clashes at the border. Key facts The two former soviet republics have been engaged in long-running conflicts over the disputed territory of Nagorno-Karabakh region. The ..
The Montreux Convention Regarding the Straits Regime, or simply the Montreux Convention, is an international treaty that governs Turkey’s Bosporus and Dardanelles Straits. Overview: It was signed on July 20, 1936, in the Montreux Palace in Switzerland, and took effect ..
Category: International / World Current Affairs
Global terror financing watchdog, Financial Action Task Force (FATF), retained Pakistan on the ‘Grey List of countries’. Key Points This time, the watchdog had added three new countries namely Turkey, Jordan & Mali, to the Grey List. As per FATF, ..
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 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 ..