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Saudi Arabia Purchase Turkish Drones During Erdogan’s Visit

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Saudi Arabia Purchases Turkish Drones During Erdogan's Visit

Saudi Arabia has agreed to purchase Turkish drones, one of several profitable contracts President Recep Tayyip Erdogan secured for Turkey’s struggling economy as Ankara benefits from his recent diplomatic push to mend ties with Gulf Arab powers.

President Erdogan arrived in Saudi Arabia on Monday, accompanied by an entourage of around 200 businesspeople, according to the Foreign Economic Relations Board of Turkey, as part of a three-stop tour of the region.

Erdogan and Saudi Crown Prince Mohammed bin Salman attended the signing ceremony between Turkish defense firm Baykar and the Saudi defense ministry, as reported by the Saudi state news agency SPA.

Saudi Arabia will acquire the drones “with the aim of enhancing the readiness of the kingdom’s armed forces and bolstering its defense and manufacturing capabilities”, Defence Minister Prince Khalid bin Salman Al Saud said in a tweet on Tuesday.

Erdogan’s visit comes as Turks are hit with sales and fuel tax hikes that Finance Minister Mehmet Simsek has said are necessary to restore fiscal discipline and bring inflation down.

The official annual inflation rate dropped from a peak of 85% in October to 38% last month.

In the first five months of this year, Turkey’s current account deficit hit historic highs, totaling $37.7 billion. Erdogan is hoping that the oil- and gas-rich Gulf states would help close the gap.

The Turkish lira fell to a historic low against the dollar on Tuesday as investor attention turned to the central bank’s policy-setting meeting on Thursday, where it is once more anticipated to raise interest rates.

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I Won’t Resign, Says Spain’s PM

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Prime Minister Pedro Sanchez of Spain has officially announced that he will not be resigning, bringing an end to a period of intense political speculation.

His declaration, made during a public address on Monday, follows days of uncertainty surrounding his tenure.

Earlier reports had hinted at Sanchez’s potential resignation amidst ongoing investigations into his wife, Begona Gomez’s alleged involvement in influence peddling and corruption.

However, Sanchez clarified that his contemplation of resignation was not driven by political strategy but rather by concerns over growing polarization and the dissemination of deliberate misinformation within the political landscape.

Sanchez passionately addressed the need to combat the degradation of public discourse, stating, “For too long, we’ve allowed toxic methods to corrupt our political and public life, methods that were unthinkable just a few years ago… Do we truly desire this for Spain?”

He emphasized his conviction, declaring, “I have acted with a clear determination: either we declare ‘enough is enough’ or allow this deterioration of public life to shape our future and condemn our nation.”

Sanchez’s choice to remain in office was significantly influenced by a strong demonstration of support at the Socialist Party’s headquarters in Madrid, where enthusiastic supporters passionately chanted, “Pedro, stay!” This outpouring of solidarity occurred shortly after the public prosecutor’s office recommended closing the investigation into Gomez.

Sanchez’s reaffirmation of his leadership role comes at a pivotal juncture as he gears up to guide his party through the upcoming regional elections in Catalonia on May 12.

The Socialists are poised to contest against the pro-independence factions currently holding sway, underscoring the significance of his continued leadership.

 

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UK Imposes Sanctions On Businesses Linked To Sudan Conflict

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Britain has taken a decisive stance against the escalating conflict in Sudan by announcing sanctions targeting businesses associated with the warring factions.

Since the outbreak of fighting between rival generals on April 15 last year, the situation has deteriorated drastically, resulting in thousands of casualties and forcing approximately 1.8 million people to seek refuge in neighboring countries.

Aid workers on the ground have painted a grim picture of the humanitarian catastrophe unfolding in the country, with civilians enduring starvation, sexual violence, ethnic killings, and executions.

The UK’s Foreign Office has underscored the severity of the situation, emphasizing that “strict measures” will be implemented, including asset freezes on companies with ties to the Sudanese Armed Forces (SAF) and its rival, the paramilitary Rapid Support Forces (RSF).

British foreign minister David CameronCameron said “We continue to see appalling atrocities against civilians, unacceptable restrictions on humanitarian access and an utter disregard for civilian life.

“The businesses that support the warring parties must be held to account, alongside those responsible for human rights abuses.  The world must not forget about Sudan. We urgently need to end the violence.

The sanctions target specific entities, including Alkhaleej Bank, implicated in financing the RSF, and Al-Fakher Advanced Works, a holding company facilitating gold exports for the organization, with proceeds funnelled into weapons acquisition.

Additionally, Red Rock Mining, known for providing funds to the SAF, faces sanctions. The company’s close ties to Defence Industries System, the economic and manufacturing arm of the SAF, further solidify its inclusion in the sanctions, as stated by the Foreign Office.

France, currently hosting an international conference on Sudan, is urging for aid contributions and heightened global attention to address what officials describe as a crisis overshadowed by ongoing conflicts in Ukraine and Gaza.

Will Carter, Sudan country director for the Norwegian Refugee Council, emphasized the dire conditions faced by civilians in the region, including starvation, widespread sexual violence, ethnic massacres, and executions.

According to the UN, over 8.5 million people have been displaced since the onset of the conflict.

The World Health Organization has issued warnings about the country’s collapsing health system, citing acute shortages of medical staff and essential medicines as pressing concerns.

 

 

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JUST IN: Iran Summons 3 European Ambassadors Over Israel Attack

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In response to what it perceives as undue criticism from officials in France, Britain, and Germany, Iran summoned their respective ambassadors to Tehran on Sunday.

The move comes in the wake of Iran’s recent missile and drone strike on Israel.

According to the official IRNA news agency, the Iranian Ministry of Foreign Affairs cited “irresponsible positions” from certain officials in these countries regarding Iran’s retaliation against perceived Israeli provocations impacting Iranian citizens and interests.

The Agency said, “The British, French, and German ambassadors to Tehran were summoned to the Ministry of Foreign Affairs following the irresponsible positions of certain officials of these countries regarding Iran’s response to the actions of the Zionist regime (Israel) against the nationals and interests of our country.”

 

More to follow……. 

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