TURKEY TRIES TO CONTAIN CRISIS TAKES FIRST STEPS TO BOLSTER AS LIRA PLUNGES

Source: Financial Post By Onur Ant, Asli Kandemir and Constantine Courcoulas Turkish policy makers made their first move to bolster the financial system and investor confidence amid a plunge in the lira. The currency, stocks and bonds extended their decline. Promising to “take all necessary measures,” the central bank in Ankara lowered the amount commercial… Continue reading TURKEY TRIES TO CONTAIN CRISIS TAKES FIRST STEPS TO BOLSTER AS LIRA PLUNGES

NAVAL GROUP DELIVERED FRIGATE BRETAGNE THE FIFTH FREMM FOR THE FRENCH NAVY

Source: Navy Recognition On July 18 Naval Group delivered the FREMM multi-mission frigate Bretagne to the French Navy (Marine Nationale). This frigate is the fifth of the series ordered by OCCAR on behalf of the DGA (French defe FREMM Bretagne is the fifth multi-mission frigate delivered to the French Navy and the seventh unit built… Continue reading NAVAL GROUP DELIVERED FRIGATE BRETAGNE THE FIFTH FREMM FOR THE FRENCH NAVY

CHINA’S MILITARY CAPABILITIES ARE BOOMING BUT DOES ITS DEFENSE INDUSTRY MIRROR THAT TREND?

Source: Defense News By: Mike Yeo China’s massive military modernization program over the past two decades has been matched to a large degree by a parallel development in its state-owned military-industrial base, and that trend is set to continue as China continues it efforts to build up its forces to challenge U.S. military primacy in… Continue reading CHINA’S MILITARY CAPABILITIES ARE BOOMING BUT DOES ITS DEFENSE INDUSTRY MIRROR THAT TREND?

TRUMP SIGNS DEFENSE BILL THAT BLOCKS TEMPORARY THE TRANSFER OF F-35’S TO TURKEY

Source: The Drive By Tyler Rogoway The escalating F-35 saga between Ankara and Washington D.C., which you can read about here, hit a crescendo today when President Donald Trump signed the 2019 National Defense Authorization Act (NDAA) at Fort Drum in upstate New York. Language in the bill specifically stops the delivery of F-35 Joint… Continue reading TRUMP SIGNS DEFENSE BILL THAT BLOCKS TEMPORARY THE TRANSFER OF F-35’S TO TURKEY

PROJECT PLAN FOR RUSSIA’S LEADER-CLASS DESTROYER TO BE READY BY 2022

Source: Navy Recognition A project plan of a new Leader-class destroyer will be ready by 2022. A keel-laying ceremony will take place after that, Viktor Bursuk, the Russian Navy deputy commander-in-chief, said. “As for the Leader destroyer, we are going to launch a project plan in 2019-2020. It will be finished approximately in 2022. The… Continue reading PROJECT PLAN FOR RUSSIA’S LEADER-CLASS DESTROYER TO BE READY BY 2022

NATO SHOULD GIVE TURKEY THE BOOT

Source: WSJ By Bernard-Henri Lévy U.S.-Turkish relations are mired in the worst crisis of their history. Turkish President Recep Tayyip Erdogan is demanding that President Trump turn over Mr. Erdogan’s sworn enemy, Fethullah Gülen. Mr. Trump, meanwhile, seeks the release of the American pastor Andrew Brunson, who was imprisoned on the pretext that he had… Continue reading NATO SHOULD GIVE TURKEY THE BOOT

LIFTING THE US ARMS EMBARGO ON CYPRUS

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Source: Ekathimerini The impending prospect of the US arms embargo on Cyprus being lifted is potentially more important for America than it is for Cyprus. This dysfunctional embargo represents the destructiveness of both flawed American government policy and the erosion of our country’s faith in our democratic processes. The very existence of an arms embargo… Continue reading LIFTING THE US ARMS EMBARGO ON CYPRUS

THE SCOPE NOT THE SCALE OF RUSSIAN AND CHINESE NAVAL OPS IN THE ATLANTIC IS WORRISOME

Source: The Drive By Joseph Trevithick The U.S. Navy’s top officer has warned that Russian submarines are prowling the Atlantic Ocean at rates not seen since the end of the Cold War and that China is beginning to increase its naval activity closer to American shores. Though there has certainly been an uptick in these… Continue reading THE SCOPE NOT THE SCALE OF RUSSIAN AND CHINESE NAVAL OPS IN THE ATLANTIC IS WORRISOME

ERDOGAN: US CHANGING STRATEGIC NATO PARTNER WITH PASTOR

Source: Hurriyet Daily Turkish President Recep Tayyip Erdoğan has warned that the United States is “changing a strategic NATO partner with a pastor” in his latest statement about the ongoing diplomatic row between the two countries over the arrest of Pastor Andrew Brunson. “We only bow down before God. It is wrong to try to… Continue reading ERDOGAN: US CHANGING STRATEGIC NATO PARTNER WITH PASTOR