Morning Briefing: 18 July 2023

Nazim Sheikh

International Courant

ISTANBUL

This is a rundown of all of the information it’s worthwhile to begin your Tuesday, together with Turkish President Erdogan’s go to to Saudi Arabia, Moscow’s suspension of the grain deal, the heatwaves in Europe and the Russian chief’s warning.

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Turkey and Saudi Arabia signed a collection of vital agreements on Monday, overlaying totally different sectors from funding to protection trade, from power to communications.

The agreements had been signed after the delegation conferences held in Jeddah, Saudi Arabia, chaired by Turkish President Recep Tayyip Erdogan and Saudi Crown Prince Mohammed bin Salman. The 2 had beforehand met for a non-public assembly after Erdogan’s arrival as a part of a three-day Gulf tour to strengthen ties. He will even go to Qatar and the United Arab Emirates.

The Kremlin introduced on Monday that Russia is suspending the Black Sea grain settlement.

“The Black Sea agreements are old-fashioned as we speak,” spokesman Dmitry Peskov instructed reporters.

US Secretary of State Antony Blinken mentioned Russia’s determination was “unreasonable” and added that the initiative “must be reinstated as shortly as potential”.

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The pinnacle of NATO on Monday denounced Russia’s determination to withdraw from the settlement, regardless of Turkey’s mediation efforts to safe an extension after the 17 July expiration date.

Ukrainian Overseas Minister Dmytro Kuleba accused Russia of “placing international meals safety in danger” and described the transfer as irresponsible.

Excessive warmth waves are anticipated to proceed to have an effect on many international locations in Europe over the following few weeks.

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Spain, Italy and Greece are among the many international locations most affected by the present rise in temperatures taking Europe by storm.

The World Meteorological Group (WMO) mentioned on Monday that new temperature data could possibly be set as intense heatwaves hit the southern United States, the Mediterranean, North Africa, the Center East and a few international locations in Asia. Some international locations can also set nationwide temperature data, the WMO mentioned in a press release.

Russian President Vladimir Putin mentioned on Monday that the Protection Ministry is getting ready “appropriate proposals” in response to the explosion that occurred earlier within the day on the Kerch Bridge connecting Russia with the Crimean Peninsula.

The Russian chief additionally mentioned he expects authorities to current particular suggestions to enhance the safety of the bridge, which he describes as a “strategic, vital transport facility”.

He blamed Ukraine for “one other terrorist act”, urging authorities to shortly restore the broken a part of the bridge.

NEWS IN BRIEF

Turkey continues to battle with wildfires in its western and southern provinces, and plenty of have erupted within the nation’s coastal areas. Tens of millions of delicate US army emails have been by accident despatched to Mali through the years because of a typo, in accordance with a report launched Monday. The emails had been misdirected as a result of folks typed in Mali’s area “.ML” as a substitute of the “.MIL” area utilized by the US army for emails. UK residents protested the federal government’s proposal for anti-immigration laws on Monday, and authorities officers made statements concentrating on immigrants. On Monday, China opposed a deliberate break within the US subsequent month, saying Taiwan’s Vice President Lai Ching-te firmly opposes any type of official interplay between the US and the Taiwan area. Funding cuts have pressured the World Meals Program (WFP) to chop meals support by 25% in crisis-hit Haiti, in a transfer that would have an effect on the 100,000 most susceptible locals, a UN spokesperson mentioned Monday. EU international locations obtained a file variety of asylum purposes in 2022. A senior official cites a report detailing that worldwide safety purposes have risen to nearly 1 million, along with the 4 million who fled Ukraine. .

SPORTS

The Spanish soccer powerhouse confirmed on Monday that Actual Madrid closed its fiscal yr 2022-2023 with a revenue of €12 million ($13.4 million).

Actual Madrid mentioned in a press release that the Whites’ income final season – excluding participant transfers – “reached €843 million”, 17% greater than the earlier yr.

The membership’s income within the 2021-2022 fiscal yr was €721.5 million.

Mexico defeated Panama 1-0 on Monday to win the 2023 CONCACAF Gold Cup – their ninth ever.

On the SoFi Stadium in California, within the 88th minute, Santiago Gimenez dribbled the opponent’s defender on the counter assault and despatched the one objective of the match into the online.

Established in 1991, the CONCACAF Gold Cup is the principle soccer competitors for the boys’s nationwide soccer groups administered by the Confederation of North, Central American and Caribbean Soccer (CONCACAF). It’s held each two years.

BUSINESS AND ECONOMY

Saudi Arabia invitations Turkish firms to affix the nation’s Imaginative and prescient 2030 initiative, Funding Minister Khalid Bin Abdulaziz Al-Falih mentioned on the one-day discussion board that hosted Turkish and Saudi ministers in Jeddah.

Noting that Saudi Arabia plans to take a position 3.3 trillion {dollars} within the Imaginative and prescient 2030 program, the Minister added that there shall be robust alternatives for Turkish firms.

As South Africa faces its worst electrical energy crises in many years, the nation’s electrical energy minister apologized on Monday for the current enhance in energy outages through the present winter season.

Eskom, the electrical energy utility that produces greater than 90% of the nation’s electrical energy, struggled to fulfill demand with a couple of each day cuts. The minister apologized for the disruption brought on by the cuts to properties and companies.

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Morning Briefing: 18 July 2023

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