
Arm Chief Pitches Chip Designer as AI Play in Buildup to IPO
Semiconductor designer Arm Ltd. has found its calling card for the rest of the year as it builds
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China Rejects US Claims Over ‘De-Risking’ Not ‘Decoupling’
President Joe Biden and his European allies have repeatedly stressed their desire to “de-risk,” not “decouple,” from the
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Big Tech Rally Will Only Grow Further as Recession Worries Reign, Investors Say
The Big Tech rally of this year has further to run as the risk of a US recession
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World Tries to Read Erdogan for Signs of Policy Shift in Turkey
Turkish President Recep Tayyip Erdogan has promised a team with “international credibility” to manage the nation’s finances. Given
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Asia Stocks Set for Cautious Open Before Debt Vote: Markets Wrap
Asian equities were poised for a cautious open Tuesday as White House and Republican congressional leaders stepped up
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UK’s Labour Party Studies Land Reforms to Cut Cost of House-Building
The UK’s main opposition Labour Party is considering making it cheaper for councils to forcibly purchase land for
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Man uniting Indian families torn by colonialism
Shamshu Deen has helped more than 300 people in the Caribbean find long-lost loved ones in India.
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Taiwan Rushes to Prevent China From Cutting Off Internet, Phones
Buffeted by earthquakes and the potential of conflict with China, Taiwan’s leaders want to accelerate plans to make
1970-01-01 08:00

Spain’s Embattled Prime Minister Gambles Again on Snap Election
Prime Minister Pedro Sanchez is betting that he can exploit the quirks of Spain’s fractured political landscape to
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Turkey’s Erdogan Meets Former Finance Minister in Cabinet Planning
Turkey’s Recep Tayyip Erdogan met Mehmet Simsek, a market-friendly former finance minister, in the capital Ankara on Monday
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Saudi Investment Enclaves Take Shape With Top Steelmaker’s Entry
Saudi Arabia has unveiled a flurry of new investment projects led by the world’s biggest steelmaker as the
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Erdogan rants against ‘LGBT forces’ as Biden congratulates him on Turkey election win
Turkey’s president Recep Tayyip Erdogan celebrated his presidential run-off victory on Monday after an election that stretched his rule into a third decade, lashing out at “LGBT+ forces” in the country. In his victory speech in the Istanbul district of Uskudar three hours after the polls had closed, Mr Erdogan claimed to have achieved “a victory where nobody is left behind”. However, he went on to hit out at LGBT+ people and said the opposition was promoting gay rights, an appeal to his ultra-conservative religious base. “In our culture, family is sacred. No one can interfere. We will strangle anyone who dares to touch it,” he told supporters, according to a report by The Times. His victory had opened the door to the “century for Turkey”, he added. The election had been seen as Erdogan’s biggest political challenge for years, with opinion polls making opposition leader Kemal Kilicdaroglu the favourite to unseat him. Yet Mr Erdogan was ahead by four percentage points in the first round, and prevailed in the run-off with 52.2 per cent of the vote to Mr Kilicdaroglu’s 47.8 per cent. Mr Kilicadaroglu said it was “the most unfair election in years” but did not dispute the outcome. He had promised to set Turkey on a more democratic and collaborative path during the election, yet also lurched towards the right with anti-immigrant rhetoric in the final stretch of the campaign. The victory extends Mr Erdogan’s tenure as the longest-serving leader since Mustafa Kemal Ataturk established modern Turkey following the collapse of the Ottoman Empire a century ago. Following Sunday night’s results, US president Joe Biden wrote on Twitter of Mr Erdogan: “I look forward to continuing to work together as Nato Allies on bilateral issues and shared global challenges.” Mr Erdogan is set to speak with Mr Biden over the phone later on Monday, broadcaster NTV reported citing a presidential spokesperson. Relations between US and Turkey have suffered in recent months due to Mr Erdogan’s objections to Sweden joining Nato as well as Ankara’s relationship with Moscow. While Mr Erdogan now has the mandate to rule Turkey till 2028, he has to confront skyrocketing inflation that has fuelled a cost-of-living crisis. He also has to oversee rebuilding efforts in the aftermath of a devastating earthquake that killed more than 50,000 people in February. Additional reporting by agencies Read More Only Erdogan knows his plans for Turkey’s future. That is the problem Erdogan declared winner of Turkey presidential run-off – extending his 20 years in power Why Turkey’s presidential run-off matters for the world Turkey's Erdogan turns away reform-minded challenger to win another term What the papers say – May 29 Analysis: Only Erdogan knows his plans for Turkey’s future. That is the problem
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