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BMC in talks to sell Turkish shares to local steelmaker

BMC in talks to sell Turkish shares to local steelmaker 6 hours ago An early version of Turkey s Altay tank participates in a military parade in Ankara, Turkey, on Aug. 30, 2015. (Burhan Ozbilici/AP) ANKARA BMC, a joint Turkish-Qatari venture that manufactures armored vehicles and tanks, is in the late stage of negotiations to sell a majority stake of Turkish shares to a Turkish steel producer, sources told Defense News. BMC is producing the Altay, Turkey’s first indigenous next-generation battle tank. Sancak-Öztürk will sell 51 percent of their shares to Tosyalı Holding, a leading iron and steel producer, which also has close ties to Erdoğan. Tosyalı operates three facilities on three continents and produces six million tons of steel annually. The company employs over 10,000 people. Its other business interests include maritime, port operation, foreign trade and power generation.

BMC in talks to sell Turkish shares to local steelmaker

BMC in talks to sell Turkish shares to local steelmaker May 11 An early version of Turkey s Altay tank participates in a military parade in Ankara, Turkey, on Aug. 30, 2015. (Burhan Ozbilici/AP) ANKARA BMC, a joint Turkish-Qatari venture that manufactures armored vehicles and tanks, is in the late stage of negotiations to sell a majority stake of Turkish shares to a Turkish steel producer, sources told Defense News. BMC is producing the Altay, Turkey’s first indigenous next-generation battle tank. Sancak-Öztürk will sell 51 percent of their shares to Tosyalı Holding, a leading iron and steel producer, which also has close ties to Erdoğan. Tosyalı operates three facilities on three continents and produces six million tons of steel annually. The company employs over 10,000 people. Its other business interests include maritime, port operation, foreign trade and power generation.

Turkey at the crossroads? | Links International Journal of Socialist Renewal

April 20, 2021    Links International Journal of Socialist Renewal reposted from New Left Review   Ten years ago, Erdoğan’s Turkey was hailed in Washington as an example to the Muslim world a free-market, pro-American Islamic democracy with high growth rates, renowned cultural monuments and beautiful beaches. ‘A model partner’, Obama affirmed in 2009, as he congratulated the leader of the Justice and Development Party (AKP). 1 Today, with perhaps 50,000 oppositionists in jail, including scores of journalists, politicians, lawyers and civil servants, Turkey is exporting radical Islamist mercenaries from its Syrian enclaves to Libya and Azerbaijan, clashing with France, Greece, Israel and Cyprus over gas-drilling rights in the Eastern Mediterranean and imposing a brutal occupation regime on swathes of what was once the autonomous Kurdish zone of Rojava. Predictably, the cry of ‘Who lost Turkey?’ has gone up within the American foreign-policy establishment, where th

Turkish Manufacturer Half-Owned by Qatar May Get New Stakeholder

Turkish Manufacturer Half-Owned by Qatar May Get New Stakeholder Bloomberg 2 hrs ago Kerim Karakaya and Ercan Ersoy © Bloomberg A galvanized steel roll sits following manufacture at the Novolipetsk Steel PJSC plant, operated by NLMK Group, in Lipetsk, Russia, on Monday, June 18, 2018. Metals magnate Vladimir Lisin slipped past rival Alexey Mordashov as shares of Lisin’s Novolipetsk Steel PJSC climbed 3.5 percent, pushing his fortune to $20.19 billion, according to the Bloomberg Billionaires Index, a ranking of the world’s 500 richest people. (Bloomberg) Tosyali Holding is in talks to buy a stake in a Turkish truck and armored vehicle producer that’s half-owned by Qatar, according to people with knowledge of the matter.

China s Xinjiang Propaganda and United Front Work in Turkey: Part Two

China’s Xinjiang Propaganda and United Front Work in Turkey: Part Two Publication: China Brief Volume: 21 Issue: 5 March 15, 2021 02:24 PM Age: 2 weeks Image: The Turkey-China Peaceful Reunification Promotion Association, an organization connected with the CCP’s united front work, donated 50,000 masks to the Istanbul city government on July 29. The donation was heavily publicized via both Chinese and Turkish media outlets (Image source: CCPPNR). Introduction The accelerated repression of Uyghurs and other ethnic minorities inside and outside of the Xinjiang Uyghur Autonomous Region (XUAR) since 2016 has highlighted the Chinese state’s extreme methods of governance and power projection abroad. The crisis in Xinjiang has become a liability for the People’s Republic of China (PRC), tarnishing its national image and triggering increased backlash from the international community and advocacy by the global Uyghur diaspora. In Turkey, China has sought to curb such activity thr

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