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To be fair you need to compare Turkey to other emerging markets. Canada is not in the same group, already a developed country. Brazil and Russia are similar, but Russia ofcours is facing sanctions because of Crimea and more. Take a look at Russia when people say that sanctions will be good for...

Companies that have debt in foreign currency will default, meaning less tax revenue. The country borrows money in foreign currency and will have a harder time to pay them back because of less tax revenue and the falling currency. I doubt that all projects will be able to continue if hard...

Let me remind everyone that sanctions will mean slowed down economy, maybe even recession depending on what and how hard. And that will impact budgets and defence projects.

Did Aksungur just enter production?

Turkey prepares for hydrogen tests, long-term roadmap as it seeks to use renewable resources https://www.icis.com/explore/resources/news/2020/12/02/10582152/turkey-prepares-for-hydrogen-tests-long-term-roadmap-as-it-seeks-to-use-renewable-resources

They have to eventually open up to civilian purposes. Rotax sells and produces more engines for ATVs, snowmobiles or even jetskis than defence. That's where the real money is. Open up a civilian branch for sales and reap in the cash.

That was a bloody war. Still don't believe the Armenian numbers, even if Azerbaijan was the attacking side. RIP to the deceased.

Turkey has 70 GW of offshore wind power potential https://www.evwind.es/2019/11/02/turkey-has-70-gw-of-offshore-wind-power-potential/71614 Based on this report from the world bank...

We're selling drones to Saudi Arabia and your issue is selling drones to Kazakhstan? Sounds wrong to me bro.

It's not about gas or cooperation. Good relations with Israel will influence policy makers in Washington. Governmentis trying to use the Israelis to mend ties, soften the impact of the incoming sanctions. Issue is, nowadays Israel is not as isolated as it was 10 years ago. So is Israel going...

I know its in German, but it shows the process and the leading companies in each step of the process currently.

You need to take care of those seeds and do it properly. I have been donating money to TEMA and they actually maintain their projects properly and still only 90% of the seedlings make it into trees. Those drone actions, I dont know how successfull they are.

Unlike other countries, Turkey has been always open to business. Just look at the Israeli relations for example or the fact that Vestel was allowed to export drone tech to Saudi Arabia. Let's see if this is just one single investment decision or if relations will improve and Erdogan will start...

I've been thinking the same. If Armenia behaves, we should open the borders and allow business to commence. Our eastern provinces will win, business will win and trust can be build with Armenia. They will be given a way out of their dependence. Even now with the borders closed Turkish products...

I dont like it for obvious reasons as Nein has mentioned.

So Vestel is actually delivering almost 50 Karayel to Saudi Arabia in a JV and according to Wikipedia UAE has some too. Totally flew under the radar, probably because of the sour relations. Kudos to Vestel, they have finally found customers for their product and maybe they will invest in some...

Whats with the Allahu Ackbar

If that's what that report means, it would explain the Saudi-Turkish ties mending we've been seeing.

If Bayraktar was close to a deal, pro government media (i.e. Sabah) would know and scream it out way before any Russian outlet.

Yeah, like we would supply drones to Iran backed forces or give Iran effectively access to our equipment.