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Turkish President Recep Tayyip Erdoğan: We have taken the necessary measures to achieve our defense spending target of 5% by 2030.

2026-07-08

Turkish President Recep Tayyip Erdoğan: We have taken the necessary measures to achieve our defense spending target of 5% by 2030.

Other News
2026-07-08

U.S. wholesale sales rose 3.4% MoM in May, the largest increase since January 2022.

U.S. wholesale sales rose 3.4% MoM in May, the largest increase since January 2022.
2026-07-08

Escalation in the Middle East has pushed oil sharply higher and risk premia are now spilling into agricultural markets. US corn, soy and wheat futures rose intraday as traders repriced higher energy-driven input costs. Oil gains increase fertilizer p

Escalation in the Middle East has pushed oil sharply higher and risk premia are now spilling into agricultural markets. US corn, soy and wheat futures rose intraday as traders repriced higher energy-driven input costs. Oil gains increase fertilizer production and global logistics costs, so sustained oil strength could lift fertilizer, transport and farm production costs and prompts markets to price cost-push inflation. Heightened geopolitical risk around the Black Sea and Middle East — both key grain and energy shipping corridors — raises the probability of supply disruptions; international traders are widening risk premia and reallocating some capital into physical commodities. Market positioning is shifting from a growth-slowdown trade to reassessing a re-flationary mix of energy, food and geo risks.
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