Turkey-U.S. relations move to a firmer footing

As a result of an improvement in diplomatic and economic relations between Ankara and Washington, Turkish President Tayyip Erdogan has held talks with U.S. President Donald Trump concerning Turkey’s state-owned bank Halkbank.

Following an announcement by Turkish President Tayyip Erdogan that he has had talks regarding state-owned Halkbank with his U.S. counterpart, shares of the bank jumped by 6.89% to 7.45 lira.

Although Erdogan gave few details surrounding actual discussions, his comments come at a time when there is growing indication from both, Ankara and Washington that they are ready to diplomatic and economic ties, which had plunged earlier this year over a host of issues including the conviction of a Halkbank executive for helping Iran evade U.S. sanctions.

Advertisements


Categories: Creativity, Entrepreneurship, Geopolitics, HR & Organization, Strategy

Tags: , , , , , , , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: