Halkbank

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HALKB

US court grants Halkbank reprieve in sanctions case

A U.S. appeals court in Manhattan granted Turkish state lender Halkbank a temporary pause in its Iran sanctions evasion case.

The temporary stay in the case was granted on Feb. 3 to allow for the bank's requests to be heard by a three-judge panel.
The court said it would take up Halkbank's requests on an expedited basis.

Iranian-Turkish gold trader Zarrab’s former champion racehorse hung in limbo

A racehorse belonging to Reza Zarrab, a Turkish-Iranian businessman who was arrested in the U.S. in 2016 over evading sanctions on Iran, had to leave his champion-style life in a hippodrome to live a more modest life on a simple ranch on the outskirts of Istanbul.

Don’t mess with the US Congress

On the eve of the latest legislation in the United States House of Representatives putting pressure on Turkey over its S-400 missile system purchase, Nicholas Danforth - a veteran Turkey analyst at the German Marshall Fund - posted a warning on Twitter that perfectly captured the dilemma in US-Turkey relations:

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