G-20

Treasury and Finance Minister Mehmet Şimşek has met with U.S. Treasury Secretary Janet Yellen on the sidelines of the G20 finance ministers and central bank governors' summit in Brazil.

"I met with Minister Mehmet Şimşek to discuss how Türkiye and the United States can work together to address crucial regional issues," Yellen wrote on the social media platform X.

"Towards a Brighter Tomorrow: India's Chairmanship of the G20 and the Dawn of a New Multilateralism"

Prime Minister of India Narendra Modi

Today marks 365 days since India assumed the chairmanship of the G20. It is a time to reflect, re-engage and rejuvenate the spirit of 'Vasudhaiva Kutumbakam', 'One Earth, One Family, One Future'.

Alamy Photo

President Recep Tayyip Erdoğan has disclosed ongoing intentions to facilitate peace talks between Russia and Ukraine, a diplomatic endeavor that seeks to alleviate tensions in the region.

Day 544 of the invasion of Ukraine. Summary of key events in the last 24 hours:

President Recep Tayyip Erdoğan has held talks with Hungarian Prime Minister Viktor Orban on Aug. 20, focusing on enhancing their countries' strategic partnership and addressing critical regional issues, notably the ongoing conflict in Ukraine.

The leaders convened in Budapest to deliberate on trade development, economic cooperation and cultural exchange between the two nations.

Saudi Aramco held talks with Turkish contractors last week to discuss $50 billion of potential projects in the Gulf kingdom, Bloomberg has reported.

The GDP growth accelerated from 7.3 percent in the first quarter of 2022 to 7.6 percent in the April-June period, data from the Turkish Statistical Institute (TÜİK) have showed.

On a seasonally and calendar adjusted basis, the economy grew 2.1 percent in the second quarter from January-March, up from the quarterly growth of 0.7 percent recorded in the previous quarter.

US Secretary of State Antony Blinken and Chinese Foreign Minister Wang Yi met today in Indonesia in an attempt to calm tensions between the two world powers, AFP reported.

"We probably have nothing to talk about with the West," Russian Foreign Minister Sergey Lavrov told journalists on the sidelines of the meeting of G20 foreign ministers on the island of Bali in Indonesia, quoted by TASS.

Defense Minister Hulusi Akar discussed the Ukrainian crisis and the issue of the stranded A400M Turkish aircraft with his Ukrainian counterpart, Oleksii Reznikov, on July 8.