The ECB is suspicious that BBVA will strengthen its commitment to Turkey

Madrid

Updated:28/11/2020 01: 41h

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Onur Young, CEO of BBVA, already cooled down the merger with Banco Sabadell at the XXVII Meeting of the Financial Sector of ABC and Deloitte last week. They neither felt compelled to carry it out, nor was it their only possible corporate operation. A message that in the market was interpreted as pressure before the entity of Catalan origin, but that already announced that the financial firm was unwilling to pay any price. Said and done, the talks have been put on hold due to not reaching an agreement on the exchange equation. And now BBVA already has its next performances in mind. From the repurchase of shares, to an increase in the dividend for its shareholders … also going through speculation about its business in Turkey.

Genç, precisely Turkish, I would not see the operation with Sabadell favorably And he would have pushed to ensure that the surplus capital from the sale of the subsidiary in the United States was to be strengthened in Turkey, according to various media. BBVA sources indicate that they are “Very comfortable” with their position in the Ottoman country. In other words, its intention would not be to acquire 100% of its subsidiary there, Garanti, of which it already owns slightly less than 50%.

However, beyond the entity’s plans, the Banco Central European (ECB) He does not see with good eyes that BBVA decides to bet on Turkey, as is the political situation there and the current panorama derived from the pandemic worldwide, according to financial sources. Its currency, the Turkish lira, is a focus of uncertainty for any foreign entity present in the territory. Given this, the community supervisor prefers that the bank does not choose to strengthen itself in that region.

Failing that, the ECB options go through more expand your presence in Spain or in countries of the European Union, with the risk much more contained. Emerging markets, in these times, are not to the liking of European bodies. And neither are they from the Bank of Spain.

The national supervisor has publicly warned both BBVA and Banco Santander on two occasions about their exposure to emerging countries. What once were territories that withstood the 2008 crisis better than Spain, today are more of a vulnerability, according to the Bank of Spain. All the voices, in short, point to the fact that the entity of Basque origin should think more about the local market, or others with better potential. Of the emerging, for now in this crisis, not to mention.

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It is confirmed: Falcao misses another game in Turkey due to injury

This Saturday, November 28, Galatasaray will be visiting the Rizespor in the city of Trabzon. Very early, the Istanbul team confirmed the full roster of players called for this match and Radamel Falcao was again the great absentee of the call made by Fatih Terim.

After missing the call with Colombia for the matches against Uruguay and Ecuador, Galatasaray confirmed that Radamel Falcao was staying in Turkey undergoing treatment to recover from a new injury. However, that time was not enough for the Tiger to return to the competition.

After the FIFA date, Galatasaray played against Kayserispor and the Colombian striker was not taken into account. Now, they play against Rizespor and Falcao was not called up for the trip either.

Thus, the Tigre will complete almost a month without playing in Turkey and the club does not clarify when Radamel Falcao will return to the main team. At the moment, the only thing that is known is that Samarium continues to work with the Galatasaray medical team, but it is not known for sure how long it will be on leave.

Galatasaray arrived in Trabzon without Radamel Falcao:

  • Radamel Falcao
  • Galatasaray
  • Turkey

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Turkey and Qatar sign 10 new agreements to strengthen trade ties

Turkey and Qatar signed 10 new agreements this Thursday at a meeting held at the Ankara presidential palace between the Turkish President, Recep Tayyip Erdogan, and the Emir of Qatar, Tamim Hamad al-Thani.

The sale of 10% of the shares of the turkey stock exchange, Borsa Istanbul, topped the list of agreements made during the conference. Likewise, another agreement was signed to transfer shares of Istinye Park in Istanbul, a luxury shopping center.

Read also: Coronavirus: Oxford and AstraZeneca defend vaccine trials in the face of doubts

In addition, a memorandum of understanding (MoU) was signed for the joint investment in the Made in Istanbul Golden Horn project. The transfer and purchase of shares of the Antalya port operators of the Middle East from the ports of Turkey to the WLL terminals in Qatar.

Likewise, the leaders signed a memorandum of understanding for joint promotional activities between the Turkish Ministry of Commerce and the Qatar Free Zone Administration. And another agreement was reached on the establishment of a joint trade commission.

Several memorandums of understanding were also signed for water management, improvement of economic and monetary cooperation and family and social services. A declaration of intent was signed for a diplomatic exchange program between the two countries.

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The Turkish Foreign Minister, Mevlut Cavusoglu, and his Qatari counterpart, Mohammed bin Abdulrahman Al Thani, also signed the joint statement of the sixth interaction of the meeting.

They also attended the Turkish Minister of National Defense, Hulusi Akar; the Minister of Finance and Finance, Lutfi Elvan; the Minister of Commerce, Ruhsar Pekcan; the Minister of Transport and Infrastructure, Adil Karaismailoglu; the Minister of Agriculture and Forests, Bekir Pakdemirli; the Minister of Family, Labor and Social Services, Zehra Zumrut Selcuk; the director of communications, Fahrettin Altun; the presidential spokesman, Ibrahim Kalin; the CEO of Turkey Wealth Fund, Zafer Sonmez, and many entrepreneurs.

In the past, the two countries signed a total of 52 agreements and five joint declarations. With the last meeting, the total number of agreements rose to 62.

In previous meetings, the committee reached consensus on many important issues in the fields of economics, industry, security, investment, energy, culture, intellectual property, education and youth.

We recommend reading: How do the coronavirus vaccines that are in process work?

The volume of trade between the two countries increased by 6% in 2020 to reach US $ 1.6 billion. Qatar’s investments in Turkey reached US $ 22,000 million, according to data provided by the Doha Embassy of Turkey.

A total of 533 Turkish companies operate in Qatar, while some 79 Qatari companies operate on Turkish soil.

ANATOLIA

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Schedules and where to see the Formula 1 Turkish GP

Lewis Hamilton’s Mercedes
EFE

The final stretch of Formula 1 World Cup, with three races in a row in the Middle East and the world titles already distributed for Lewis Hamilton Y Mercedes, will start this Friday with the Grand Prix of Bahrain, where Carlos Sainz wants to continue helping McLaren in its tight fight at the Constructors’ World Cup.

With 14 of the 17 championship races contested, one more year the important battles are already resolved ahead of time due to the enormous superiority of Mercedes and its leader, which still has a possible peephole record in this course epilogue.

Hamilton has 10 wins this year and could go as high as 13, precisely the record of wins in a season shared by the Germans Michael Schumacher and Sebastian Vettel. To do this, he must reign twice in a row on the Sakhir track and also in the final event in Abu Dhabi, which will close the course on December 13.

As for the battle for the runner-up, Valtteri Bottas (Mercedes) arrives with 27 rental points over Max Verstappen (Red Bull), who will not be able to count on the help of his team’s sporting director, Jonathan Wheatley, is out due to coronavirus. In the tight fight for fourth place, Sergio Perez (Racing Point), Charles Leclerc (Ferrari) Y Daniel Ricciardo (Renault) are grouped into just four points.

However, the main focus of interest in this final triptych in the desert is on the fight to close the podium of the Constructors’ World Cup, where Racing Point (154), McLaren (149), Renault (136) and Ferrari (130) are involved. The slight resurgence of the ‘Scuderia’, with Sebastian Vettel’s first podium in Turkey, add even more spice to this dispute in which Carlos Sainz offers McLaren his good moment of form. The Madrilenian has four races, finishing seventh at least and wants to continue to shine in his last month with the English team before donning the red Ferrari jumpsuit.

Bahrain GP schedules

Friday

First practice session 12.00 – 13.30

Second practice session 16.00 – 17.30

Saturday

Third practice session 12.00 – 13.00

Qualification session 15.00 – 16.00

Sunday

Carrera 15.10

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dozens of life sentences and solitary confinement

About 500 people prosecuted in the maxi-trial against the military and civilians involved, according to the indictment, in the 2016 coup d’état. As a result of the actions that took place at the Akinci air base, near the capital. Dozens of people will have to serve solitary confinement sentences for attempting to kill Erdogan and attack institutional targets.

Ankara (AsiaNews / Agencies) – A rain of life sentences in Turkey today. One of the main maxi-trial against almost 500 defendants belonging – according to the prosecution – to the network of the Islamic preacher Fethullah Gülen, accused of being the mastermind of the (failed) coup d’état in the summer of 2016. At the center of the process are the actions carried out at the Akinci air base in Ankara, supposedly used by the coup plotters as headquarters to launch the attack against the legitimate institutional government of the country.

Dozens of pilots and high-ranking officers hovering around the base were found guilty of attempting to “overthrow the established order” and “assassinate President” Recep Tayyip Erdogan. The defendants planned to bomb various strategic points in the capital, including Parliament.

About 27 people each received dozens of sentences of aggravated life imprisonment, signifying severe incarceration characterized by stricter detention measures. Since 2004, this modality has replaced the death penalty, which is prohibited. At this time, 475 people are being tried (365 of whom are already in preventive detention) and 337 have already received the sentence. Among them is former air force commander Akin Ozturk, who was convicted of attacking government buildings and attempting to kill Erdogan, along with four other gang leaders, who are considered “civilian imams” and were linked to the Gulen network.

Since the night of the attempted coup in mid-July 2016, in which 250 people were killed and for a few hours shaken Erdogan’s power, the Ankara government began a veritable witch hunt. Attacks directed against tens of thousands of suspected opponents, intellectuals, activists, national and foreign personalities, military and judges, teachers, intellectuals and ordinary people. People united by a single matrix: membership, real or supposed, to the network of the Islamic preacher exiled in Pennsylvania (United States).

According to the President, Gülen’s supporters were trying to create a “state within a state” by infiltrating the police forces, the judiciary and other institutions key to the life of the country. Since the night of the coup, 292,000 people have been arrested, almost 100,000 are in prison awaiting trial, and 150,000 state employees (military and civilian) have lost their jobs. To date, the various trial courts have handed down more than 2,500 life sentences.

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Life sentences in the largest coup trial of 2016 in Turkey | The World | DW

In the trial, which began in August 2017, there are a total of 475 defendants, including 25 generals and high-ranking members of the Islamist brotherhood of preacher Fethullah Gülen, exiled in the United States, and whom Ankara accuses of the coup.

The trial, the largest of all that has been opened against participants in the coup, brings together the military and civilians present the night of the coup at the Akinci air base, near Ankara, from where the fighters that bombed the city took off.

jov (efe, tagesschau24)

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Stroll hopes to bounce back from Turkey’s hit in Bahrain

Anadolu AgencyGetty Images

After scoring a spectacular pole at the Turkish Grand Prix and holding first position for the first part of the race, Lance Stroll’s performance suddenly fell apart and the Racing Point driver finished ninth in a race to forget and from which he hopes to recover in Bahrain.

Lance Stroll wants to recover sensations

Without a doubt, the second half of the season has not been what the Canadian driver wanted. With only two points collected in the last six races, Lance Stroll has not been able to enjoy even his pole in Istanbul, as the next day in the race his luck changed drastically, something that he hopes to change at the Sakhir Circuit.

To get started, Lance Stroll analyzed the Bahrain GP track: “The quick changes of direction in turns five and six are exciting and quite fast, but the most challenging corner is shortly after at turn nine, it’s very easy to block the front left and that can really affect your tires and your race. As always, Turn 1 will be the key place to overtake. “.

After analyzing the Sakhir International Circuit, the Canadian acknowledged that what happened to him in Turkey was very hard: “Obviously, at first i was frustrated by everything, because after the incredible feat of getting pole position, we led more laps than anyone else in the race only to end up not getting on the podium.

Lastly, Lance Stroll also admitted that everything that happened in Istanbul was a good lesson for everyone at Racing Point: “Now that we’ve understood why the tires didn’t perform as expected, so I can keep the positives. That race showed us what’s possible and gave us some useful experience for the next time we fight near the front of the grill.

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Turkey sentences 27 to life imprisonment for 2016 coup

A Turkish court has sentenced 27 people to life in prison for the failed 2016 coup attempt against President Recep Tayyip Erdogan.

All were found guilty of “an attempt to overthrow the constitutional order”, “attempted assassination of the president” and “voluntary homicides”, according to what the French news agency reported on Thursday. AFP.

The majority of those convicted is made up of the pilots, who bombed emblematic sites in Ankara, the capital, such as Parliament, and the officers who led the attempt from the Akinci military base. Four civilians, including businessman Kemal Batmaz, were also sentenced to 79 aggravated life sentences.

In total, 475 people were tried in this trial, considered the most important, on the failed coup from July 15 to 16, 2016.

Erdogan accuses the preacher Fethulá Gülen of having plotted the coup, but he – a former ally of the Turkish president who resides in the United States – denies any involvement.

mnz / ncl / mkh / hnb

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France.- Turkey rejects “completely” the resolution of the French Senate that recognizes the republic of Nagorno Karabakh

France.- Turkey rejects “completely” the resolution of the French Senate that recognizes the republic of Nagorno Karabakh

It says that Azerbaijan responded to Armenia’s “aggression” and questions the role of the Minsk Group because of its “partiality”

MADRID, 26 Nov. 2020 (Europa Press) –

The Turkish Ministry of Foreign Affairs stated this Thursday that it “completely rejects” the resolution approved by the French Senate for the recognition of the Nagorno Karabakh republic and has stressed that said motion calls into question the role of France within of the OSCE Minsk Group.

“The resolution passed yesterday by the French Senate on the Nagorno Karabakh conflict is an example of how the most fundamental principles of international law, legitimacy and justice are being ignored for reasons of domestic politics. The decision is unfounded and presents charges against Turkey that we completely reject, “the department headed by Mevlut Cavusoglu said in a statement.

In this sense, he stressed that the motion approved by the Upper House of the Gallic Senate is “a clear signal” of the “partiality” around the Nagorno Karabakh conflict that the OSCE Minsk Group has, which is co-chaired by France. , United States and Russia.

“Following the aggression and provocations that Armenia carried out first in Tovuz and then in Nagorno Karabakh, Azerbaijan gave the necessary response and restored its territorial integrity by liberating its territories, which had been occupied for almost 30 years,” explained the Turkish Foreign Ministry. , referring to the latest spiral of war in the region whose sovereignty Armenia and Azerbaijan have been in dispute for decades.

In addition, he stressed that the result “on the ground” after the latest clashes “is reflected in United Nations resolutions and in the realization of the rights” of the Azeris, which were “recognized but not materialized” by the Group’s process. from Minsk. “Important United Nations resolutions regulate the immediate and unconditional withdrawal of Armenians from the occupied Azerbaijani territories,” he added.

The department headed by Cavusoglu has emphasized that the French Senate’s request for Azerbaijan to withdraw “from its territories” is “a sign of an unrealistic, partial and ridiculous understanding that cannot be seriously taken into account.” “This decision lacks common sense, cannot be explained with any reasonable justification, and limits France’s ability to truly contribute to the resolution of the case,” he argued.

In addition, he has hoped that France “will adopt a constructive attitude for the stability of the region by drawing the correct conclusions.” “It will be enough for him to make an effort to reach a permanent solution (in Nagorno Karabakh) in accordance with international law and based on existing realities,” he added.

Finally, the Foreign Ministry has assured that Turkey is “ready to work with other partners such as France” to contribute to “peace and regional stability by guaranteeing” a solution to the conflict “in Nagorno Karabakh.

The Turkish Foreign Ministry has reacted like this after the resolution approved on Wednesday by the French Senate in which it urges the French Government to recognize the republic of Nagorno Karabakh. The text was ratified by 305 votes in favor, one against and 30 abstentions.

The Nagorno Karabakh region has a majority of Armenian population and is controlled ‘de facto’ by the Armenian authorities since the end of the last war, in 1994, although it is officially part of the territory of Azerbaijan, according to United Nations resolutions. Azerbaijan refuses to recognize the self-proclaimed republic of Nagorno Karabakh, which is not internationally recognized.

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Life sentences for the failed coup in Turkey in 2016

Ankara, Nov 26 (EFE) .- A court in Ankara today sentenced the 11 pilots who bombed the Turkish capital during the failed coup in 2016 to 79 life sentences, killing 68 people, as well as several civilians. considered instigators.

In the trial, which began in August 2017, there are a total of 475 defendants, including 25 generals and four high-ranking members of the Islamist brotherhood of preacher Fethullah Gülen, exiled in the United States, and whom Ankara accuses of the coup.

The trial, the largest of all that has been opened against participants in the coup, brings together the military and civilians present the night of the coup at the Akinci air base, near Ankara, from where the fighters that bombed the city took off.

Of the defendants, 365 are in pre-trial detention, 104 on provisional freedom and six in search and arrest, including Gülen himself, whose extradition Turkey has repeatedly requested.

The maximum sentences imposed so far, in a reading that can last hours, are 79 life sentences for the total of 77 people killed in Ankara (68 during the bombing and 9 at other times), plus two for trying to overthrow the constitutional order and for attempted assassination of the president, Recep Tayyip Erdogan.

Other soldiers are receiving lesser sentences and four civilians, considered high religious positions in the Gülen brotherhood, have also received dozens of life sentences as the court considers that they were the ones who took command of the Akinci base on the night of the coup.

The reading of the sentence takes place in the Sincan prison, in Ankara, where security measures are extreme today.

In the 6,000 pages of the indictment, the Prosecutor’s Office imputes to the accused the charges of murder, violation of the Constitution, attempt to assassinate the president, attempt to overthrow the Government, direct an armed terrorist organization, occupy military bases and deprivation of liberty .

Gülen, in the past close ally of Erdogan and his party, the Islamist AKP, is accused of having created a “parallel state” by infiltrating his followers into key positions in the Administration, Justice, Army and Police .

Gülen, who has lived in the United States for 20 years, insists on denying the accusations.

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