August 26, 2020

Erdogan warns that Turkey will ‘never make concessions’ in eastern Mediterranean

Turkey will make no concessions in the eastern Mediterranean, President Recep Tayyip Erdogan declared as France announced that it would join naval exercises in the region amid a mounting stand-off over hydrocarbons.

Speaking at the commemorations for an 11th-century battlefield victory by Seljuk Turks over the Byzantine empire, Mr Erdogan warned that Turkey would do “whatever is politically, economically and militarily necessary” to protect its rights.

Turkey “will take whatever it is entitled to” in the Mediterranean and other maritime regions, he said, adding: “Just as we do not covet anyone else’s territory, sovereignty or interests, we will never make concessions on what belongs to us.”

Mr Erdogan took aim at Greece, which along with Cyprus has led calls to impose EU sanctions on Turkey in retaliation for what Athens says is its illegal drilling activities in an area rich with natural gas reserves.

He added: “We want everyone to see that Turkey is no longer a country whose patience, determination, capability and bravery can be tested. If we say we are going to do something, we do it. We will pay the price, whatever it is.”

Greek prime minister Kyriakos Mitsotakis speaks during a parliamentary debate in Athens.

Davos conference delayed until summer

From left to right, Zhu Min, deputy managing director of the International Monetary Fund (IMF), Haruhiko Kuroda, governor of the Bank of Japan (BOJ), Christine Lagarde, president of the European Central Bank (ECB), Steven Mnuchin, U.S. Treasury secretary, Olaf Scholz, Germany’s finance minister, and Kristalina Georgieva, managing director of the International Monetary Fund (IMF), attend a panel session on the closing day of the World Economic Forum (WEF) in Davos, Switzerland, on Friday, Jan. 24, 2020.

Bloomberg

The World Economic Forum announced Wednesday that it decided to postpone its upcoming annual meeting in Davos, Switzerland, due to safety concerns and in an effort to slow the spread of Covid-19.

The meeting, originally scheduled for January, will be rescheduled to “early next summer,” according to Adrian Monck, managing director of public engagement at the Forum.

“The decision was not taken easily, since the need for global leaders to come together to design a common recovery path and shape the ‘Great Reset’ in the post-COVID-19 era is so urgent,” Monck said in a statement.

“However, the advice from experts is that we cannot do so safely in January.”

The World Economic Forum’s annual summit in Davos is routinely one of the globe’s

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