Tรผrkiye plans to expand tax breaks at the Istanbul Financial Center (IFC) to attract global firmsโespecially those leaving conflict-affected regionsโand boost Istanbul as a regional finance hub.
New law will increase incentives for companies at IFC.
Goal: attract firms from Gulf & East Asia amid Middle East instability.
Source: Bloomberg
New law will increase incentives for companies at IFC.
Goal: attract firms from Gulf & East Asia amid Middle East instability.
Source: Bloomberg
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Pew Poll: Dislike of Americans for Israel & Netanyahu Rising Sharply
A growing share of Americans are turning away from Israel & its leadership, with a new Pew survey revealing a widening backlash - especially among youngsters - as frustration builds over war, leadership, & the direction of U.S. foreign policy.
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A growing share of Americans are turning away from Israel & its leadership, with a new Pew survey revealing a widening backlash - especially among youngsters - as frustration builds over war, leadership, & the direction of U.S. foreign policy.
READ MORE
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"Iran Begged for Ceasefire" - Pentagon Claims Total Victory
U.S. Secretary of War Pete Hegseth says U.S. achieved a โtotal victoryโ, with Iran allegedely "begging for a ceasefire". He warned that Washington may seize nuclear material & strike again if Tehran violates terms.
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U.S. Secretary of War Pete Hegseth says U.S. achieved a โtotal victoryโ, with Iran allegedely "begging for a ceasefire". He warned that Washington may seize nuclear material & strike again if Tehran violates terms.
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BIG: Iran says it will withdraw from the ceasefire if Israel continues attacks on Lebanon and is preparing potential responses.
A source warned Tehran could retaliate by force if violations persist.
A source warned Tehran could retaliate by force if violations persist.
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NEW: Oil tanker traffic through the Strait of Hormuz has reportedly stopped following Israelโs strikes on Lebanon.
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Joint statement from IRGC Aerospace and Navy commanders:
They saw today that our hands are on the trigger, and at the slightest mistake by the enemy, we will respond with full force.
They saw today that our hands are on the trigger, and at the slightest mistake by the enemy, we will respond with full force.
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Pakistanโs PM Shehbaz Sharif:
Violations of ceasefire have been reported at few places across the conflict zone which undermine the spirit of peace process.
I earnestly and sincerely urge all parties to exercise restraint and respect the ceasefire for two weeks, as agreed upon, so that diplomacy can take a lead role towards peaceful settlement of the conflict.
Violations of ceasefire have been reported at few places across the conflict zone which undermine the spirit of peace process.
I earnestly and sincerely urge all parties to exercise restraint and respect the ceasefire for two weeks, as agreed upon, so that diplomacy can take a lead role towards peaceful settlement of the conflict.
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Trump said in-person peace talks with Iran will happen โvery soon,โ likely in Pakistan.
He noted JD Vance may skip the meeting due to โa question of safety, security.โ
Trump added, โWeโll have Steve Witkoff, Jared Kushner, JD โ maybe JD, I donโt know.โ
Source: New York Post
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Trump on Lebanon:
Because of Hezbollah. They were not included in the deal. That'll get taken care of too. It's alright.
Source: PBS News
Because of Hezbollah. They were not included in the deal. That'll get taken care of too. It's alright.
Source: PBS News
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NEW: Turkish President Erdogan spoke with Trump about the Iran ceasefire and regional developments.
Erdogan expressed satisfaction with the truce, describing the two-week pauseโafter 40 difficult daysโas a critical opportunity that must be used wisely to secure a lasting peace agreement and prevent any efforts to derail the process.
He also emphasized that Tรผrkiye will continue and expand its support for diplomatic initiatives, working closely with Pakistan and other friendly nations to help advance a sustainable resolution.
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French President Macron:
Hezbollah made the strategic mistake of attacking Israel and dragging Lebanon into the regional crisis.
Israelโs strikes and the occupation of southern Lebanon cannot be a long-term solution.
The ceasefire must fully include Lebanon โ this is indispensable.
We must strengthen support for the Lebanese Armed Forces so they can fully regain control of their territory.
Hezbollah made the strategic mistake of attacking Israel and dragging Lebanon into the regional crisis.
Israelโs strikes and the occupation of southern Lebanon cannot be a long-term solution.
The ceasefire must fully include Lebanon โ this is indispensable.
We must strengthen support for the Lebanese Armed Forces so they can fully regain control of their territory.
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Tรผrkiye played a key role in keeping Kurdish forces out of the Iran War.
Turkish Foreign Minister Hakan Fidan warned the U.S. that allowing Kurdish fighters to attack Iran could destabilize not only Iran, but also Tรผrkiye and Syria.
These warnings added pressure on Washington to avoid backing Kurdish forces, contributing to the decision to rule out a Kurdish ground offensive.
Source: Reuters
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Market manipulation, again.
Investors placed a huge ~$950 million bet that oil prices would fall just hours before the U.S. and Iran agreed a ceasefire, selling large volumes of Brent and U.S. crude futures ahead of the announcement.
Source: Reuters
Investors placed a huge ~$950 million bet that oil prices would fall just hours before the U.S. and Iran agreed a ceasefire, selling large volumes of Brent and U.S. crude futures ahead of the announcement.
Source: Reuters
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Israel was informed late about the U.S.โIran ceasefire deal and was not happy about the limited consultation.
Trump called Netanyahu shortly before the announcement, and Israel agreed to join, but objected to including Lebanon in the deal.
Israel says the ceasefire applies to Iran only and continues strikes against Hezbollah in Lebanon.
Source: WSJ
Trump called Netanyahu shortly before the announcement, and Israel agreed to join, but objected to including Lebanon in the deal.
Israel says the ceasefire applies to Iran only and continues strikes against Hezbollah in Lebanon.
Source: WSJ
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Pakistanโs PM Shehbaz Sharif:
From Tokyo to London, from Casablanca to Kuala Lumpur, television channels and institutions everywhere are speaking about Pakistan.
You have never seen a moment like this before.
From Tokyo to London, from Casablanca to Kuala Lumpur, television channels and institutions everywhere are speaking about Pakistan.
You have never seen a moment like this before.
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Pakistanโs PM Shehbaz Sharif:
Pakistan has changed forever. The world now looks at Pakistan with respect and honor.
Pakistan has changed forever. The world now looks at Pakistan with respect and honor.
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Pakistanโs PM Shehbaz Sharif:
Yesterday, I spoke with Crown Prince Mohammed bin Salman. I expressed my sorrow over the attack on their major industrial complex in Jubail and their petrochemical facilities.
I told him that the entire nation of Pakistan โ its leadership and government โ stands with Saudi Arabia and will never disappoint you.
He said, โPrime Minister, I have full confidence in you. Saudi Arabia and Pakistan are like two brothers, one family.โ
I replied, โYou have always taken care of Pakistan,โ and he said, โNo, that is our duty. And today, I assure you we stand with Pakistan.โ
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Pakistanโs PM Shehbaz Sharif:
Field Marshal Asim Munir is a hero.
Field Marshal Asim Munir is a hero.
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