Thursday, 24 September 2026 ··

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Geopolitics · Europe · Sweden · Türkiye · the economy

Türkiye

Turkey's new Aegean airspace notice draws a Greek counter-notice

Turkey's new Aegean airspace notice draws a Greek counter-notice

Turkey issued a NOTAM covering five zones and six air routes across the northern and eastern Aegean, from Limnos to the Dodecanese, running from 25 September to 27 October. Greece responded with its own counter-notice rejecting Turkish authority over the areas, a day after further Turkish incursions into Greek airspace were reported on 22 September.

Second wave of Istanbul citizenship-fraud probe puts 30 firms under trustees

Police detained 72 suspects in Istanbul and courts assigned trustees to 30 companies in a second wave of an investigation into sham property sales used to obtain Turkish citizenship. Prosecutors found 274 of 734 examined sales collusive, worth more than 3.5 billion lira, and moved to strip citizenship from roughly 1,070 people.

Turkish consumer confidence hits its highest level since 2018

Turkey's consumer confidence index rose to 91.9 in September from 90.8 in August, the best reading since July 2018. The improvement came from stronger expectations for household finances and a greater appetite for big purchases, though the index still sits below the 100-point line that separates optimism from pessimism.

Europe

France's Lecornu courts Socialists as 2027 budget standoff risks a no-confidence vote

Prime Minister Sébastien Lecornu offered talks to Socialist deputies after unveiling a 54-billion-euro savings plan meant to cut France's deficit to 5 percent of GDP in 2027, from 5.4 percent this year. The Socialists called the plan untenable and the hard left threatened censure, while the CGT union has called a nationwide public-sector strike for 29 September.

Kyiv says Moscow is celebrating after EU drops two oligarchs from sanctions list

A day after EU ambassadors extended Russia sanctions to 22 September 2029 by agreeing to delist tycoons Mikhail Fridman and Alisher Usmanov, Ukraine's foreign minister Andrii Sybiha said Moscow was celebrating: 'they got what they wanted, a sense of impunity, humiliation of the European Union, and division among Europeans'. France pushed to remove Usmanov and Luxembourg to remove Fridman, while roughly 2,600 other Russians and companies, including Vladimir Putin himself, remain sanctioned.

The World

Trump hosts Xi in Washington as the two extend their trade truce

Donald Trump greeted Xi Jinping at Joint Base Andrews on Wednesday, a rare protocol gesture, opening a three-day state visit built around trade, artificial intelligence and critical minerals. Treasury Secretary Scott Bessent said the two sides had agreed to extend their tariff truce to 10 January 2027, with Taiwan and the Iran war also expected on the agenda.

Trump's Board of Peace unveils $2.45bn plan to begin rebuilding Gaza

The US-backed Board of Peace presented a six-month, $2.45bn, 66-project blueprint in New York: about $1bn for infrastructure including shelters and rubble clearance, $885m for security, including a hardened base in Rafah for 5,000 international stabilisation troops, and the rest for governance and other programs. The unveiling came as Israeli strikes killed at least five Palestinians on Wednesday and the ceasefire remained fragile, with full reconstruction estimated at over $35bn.

Sweden

Andersson meets Kristersson, plans talks with every party but the Sweden Democrats

Social Democrat leader Magdalena Andersson met outgoing prime minister Ulf Kristersson at Sagerska on Tuesday to discuss 'the way forward' after receiving the mandate from Speaker Andreas Norlén to explore a governing coalition. She intends to speak with every party in parliament except the Sweden Democrats, and said on Wednesday she believes the Social Democrats will succeed in forming a government.

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