European Central Bank may hike rates amid inflation-recession dilemma

Photo courtesy of Anadolu The European Central Bank (ECB) is expected to opt for limited rate increases, pursuing a cautious tightening path as it confronts persistent inflation pressures and a weakening growth outlook without triggering a massive tightening cycle amid an inflation-recession dilemma in the bloc. Rising oil prices linked to tensions in the Middle…

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China, Georgia elevate ties to comprehensive strategic partnership

Photo courtesy of Anadolu China and Georgia on Tuesday announced the elevation of their bilateral relations to a comprehensive strategic partnership. Chinese President Xi Jinping and Georgian President Mikheil Kavelashvili exchanged congratulatory messages marking the 34th anniversary of diplomatic relations between the two countries, according to the state-run news agency Xinhua. “No matter how the…

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Turkish foreign minister says peace in Ukraine war essential for regional security

Photo courtesy of Anadolu Turkish Foreign Minister Hakan Fidan said Monday that achieving peace in the Russia-Ukraine war is essential for the stability and security of the region, while emphasizing the growing strategic importance of cooperation among Türkiye, Azerbaijan, and Georgia. “The war continuing in our north directly affects the security of our region. We…

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Turkish, Azerbaijani, Georgian foreign ministers pledge greater cooperation

Photo courtesy of Anadolu The foreign ministers of Türkiye, Azerbaijan and Georgia Monday pledged to bolster trilateral cooperation across a wide range of sectors “based on a profound tradition of friendship, good neighborliness, mutual respect and trust.” Turkish Foreign Minister Hakan Fidan, Azerbaijani Foreign Minister Jeyhun Bayramov, and Georgian Foreign Minister Maka Botchorishvili said the…

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