Thursday, 17 September 2026 ··

God Morgon

Geopolitics · Europe · Sweden · Türkiye · the economy

Türkiye

Fidan warns Greek island militarization is a threat to Türkiye

Foreign Minister Hakan Fidan warned, during a visit to Azerbaijan, that Greece's military build-up on islands that Ankara says carry demilitarized status under international treaties poses a threat to Türkiye. His remarks followed Greek Prime Minister Kyriakos Mitsotakis's tour of Kastellorizo and nearby islets on 11-13 September, where he inspected military outposts; Türkiye responded by moving its 51st Commando Brigade to a position across from the Greek island of Samos.

Turkish prosecutors investigate ex-Borsa İstanbul chief after his warning preceded a stock plunge

Türkiye's benchmark BIST 100 index fell 6.6 percent to 12,972.74 points on 16 September, and the banking sub-index dropped 7.8 percent, after payment defaults at fund manager Pusula Portföy and a rule change limiting withdrawals at Atlas Portföy rattled investors; trading was briefly halted by an automatic circuit breaker. Prosecutors then opened an investigation into İbrahim Mustafa Turhan, a former Borsa İstanbul chairman and ex-central bank deputy governor, over a social media post in which he had warned that problems at one institution could spread through lost trust and forced asset sales.

Europe

Von der Leyen proposes an EU 'Article 4' for hybrid attacks

European Commission President Ursula von der Leyen used her State of the Union address in Strasbourg to propose an emergency security protocol that any member state could trigger to convene all 27 governments in response to hybrid incidents such as sabotage, arson or drone incursions that fall short of armed attack. She called it Europe's own Article 4, after NATO's consultation clause, and separately backed a new European Security Council bringing in, among others, Britain, Norway, Ukraine and Canada. The proposals target threats that the EU's existing mutual-defense clause, Article 42(7), does not cover.

EU's draft Kids Act would put the burden of proof on social media platforms

The European Commission unveiled the outline of its Kids Act on 16 September, with the full legislative text due the following day: under-13s would be barred from social media entirely, 13 to 15-year-olds would be limited to parent-supervised 'mini accounts' capped at one hour a day, and platforms would face safety-by-design rules for 15 to 18-year-olds. Commission President Ursula von der Leyen said the burden of proof would now fall on platforms to show they are safe, rather than on regulators to show they are not. The proposal still needs approval from EU member states and could take years to become law.

The World

US claims on Hormuz oil flow undercut by ship-tracking data as oil tops $107

Brent crude rose to $107.82 a barrel, near a four-month high, after an unidentified projectile struck an Iranian vessel near Hengam Island and a drone attack damaged Saudi Arabia's East-West pipeline, which normally carries oil around the strait. The US energy secretary said oil volumes moving through Hormuz were back to two-thirds of their pre-war level, but ship-tracking data cast doubt on that: vessel transits held in the single digits over recent days, against a pre-conflict daily average of more than 100. War-risk insurance for ships transiting the strait has climbed to 3 to 10 percent of a vessel's hull value, up from 0.25 percent before the conflict.

Trump and Xi set for September 24 Washington summit as trade negotiators meet September 20

US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer are due to meet Chinese Vice Premier He Lifeng on 20 September for final talks ahead of a September 24 summit between President Donald Trump and Chinese leader Xi Jinping in Washington, their second meeting of 2026 and third in the past year, after May's Beijing summit. The talks build on the reciprocal tariff cuts on $30 billion of goods each that Washington and Beijing have been negotiating since early September, and aim to extend a trade truce reached in October 2025 that is due to expire on 10 November. They will also cover artificial intelligence safety, building on an intergovernmental AI dialogue agreed in Beijing.

Sweden

Sweden's left bloc edges ahead 176-173 as Andersson faces a fractious coalition

Sweden's centre-left bloc led by Social Democrat Magdalena Andersson took a narrow 176-173 lead (175 seats give a majority in the 349-seat Riksdag) over the governing centre-right in the 13 September election, inverting the 2022 result, while the Sweden Democrats lost vote share for the first time since entering parliament in 2010. Andersson's own party recorded one of its worst results in over a century despite finishing first, and forming a government will be difficult: the Left Party wants ministries in exchange for support, while the Centre Party has ruled out any government that includes the Left Party. The new Riksdag convenes on 28 September.

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