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28.07.26 - 09:36
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Erdogan′s Ottoman Gambit: Turkey Prepares For New Regional Order (ZeroHedge)
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Erdogan's Ottoman Gambit: Turkey Prepares For New Regional Order
Authored by Chris Macintosh via InternationalMan.com,
Turkey is simultaneously dumping US Treasuries, deepening Russia's energy embrace, rolling out a tax regime to poach capital fleeing the Gulf… and squaring off against an Israeli political class that now speaks openly of Turkey as an enemy. It's strategic.
Turkey sold nearly all of its US Treasury holdings in March — cutting them from $16 billion to just $1.8 billion in a single month. The official narrative frames this as emergency reserve management amid a weakening lira and inflation running above 32%. But the mechanics of financial stress don't explain the direction of travel. Nations don't systematically dump the debt of their allies.
President Erdogan has been explicit.
In a recent address he cast Turkey as “one of the shining stars of the new era,” invoking the restoration of Ottoman-era influence across the region. Turkey vehemently opposes Israel's op...
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28.07.26 - 05:12
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Awkward: Trump Hails ′Tremendous′ Ally Turkey, Knocks Israel Before Hosting Netanyahu (ZeroHedge)
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Awkward: Trump Hails 'Tremendous' Ally Turkey, Knocks Israel Before Hosting Netanyahu
Less than 24 hours before Israeli Prime Minister Benjamin Netanyahu is expected to meet with the US President at the White House Tuesday, and Trump not-so-subtly put the Israeli leader in his place while fielding questions from reporters aboard Air Force One.
Trump was asked about Netanyahu's very public and long-stated opposition to Washington selling F-35s to Turkey. Trump responded by firmly stating, "Nobody tells me what we should be selling or not. Turkey has been a tremendous ally."
He added in the remarks, "Turkey's not a big fan of Israel, not a great fan of Bibi. But they've been great for me." He also repeatedly praised Turkey as a great ally of the United States.
It comes after Trump strongly hinted while at the annual NATO summit in Ankara earlier this month that he would approve the F-35 sale, though it would likely invite serious Congressional pushback.
This is not going...
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