The world’s central banks, according to preliminary data, sold 27.4 tons of gold from international reserves in May 2023, the World Gold Council (WGC) estimated.
By comparison, sales totaled 69.4 tons in April, according to revised figures.
The largest state seller of gold in May was Turkey (62.8 tons). There were also reduced reserves in Uzbekistan (10.9 tons), Kazakhstan (2.4 tons) and Germany (1.8 tons).
They bought gold in reserves in Poland (19.9 tons), China (15.9 tons), Singapore (3.9 tons), Russia (3.1 tons), Iraq (2.3 tons), India (1.9 tons), the Czech Republic (1.8 tons) and Kyrgyzstan (1.5 tons).
Turkey and Egypt have upgraded their diplomatic relations to ambassadorial level, appointing them for the first time in 10 years, the Turkish Foreign Ministry said Tuesday.
“Turkey and Egypt announce that diplomatic relations between the countries have been upgraded to ambassadorial level,” the media cited excerpts from a Foreign Ministry press release.
Salih Mutlu Shen, the country’s former representative to the Organization of Islamic Cooperation, was appointed the new Turkish ambassador to Egypt. The Egyptian side offered to appoint Amr Elhamami as ambassador to Ankara.
“The move is aimed at normalization between the two countries and reflects the mutual desire to develop bilateral relations in accordance with the interests of the peoples of Turkey and Egypt,” the document stressed.
Arab media recall that Turkish and Egyptian presidents Recep Tayyip Erdoğan and Abdel Fattah al-Sisi agreed to exchange ambassadors in late May. At that time, the office of the Egyptian leader said that in a telephone conversation the two presidents agreed to strengthen relations and cooperation between the two sides and therefore decided to raise the level of relations to ambassadors.
Relations between Ankara and Cairo deteriorated after the military coup in Egypt in July 2013. At that time, Turkey and Egypt recalled their ambassadors. In November 2013, Cairo declared the Turkish ambassador “persona non grata.
Turkish President Recep Tayyip Erdogan’s swearing-in ceremony was held Saturday at the Turkish parliament.
“The swearing-in ceremony and inauguration of Turkish President Recep Tayyip Erdogan took place Saturday, June 3, at the Turkish parliament building in Ankara,” Anadolu Agency reported.
The ceremony was attended by representatives from 78 countries, including the heads of state and government of 20 countries.
Erdoğan, 69, was elected to a third presidential term – until 2028.
Later, Erdoğan will lay a wreath at the mausoleum of Mustafa Kemal Atatürk, the founder and first president of the Republic of Turkey. A luncheon in honor of the guests who arrived for the event is also planned.
On Saturday, Erdogan will also name a new Turkish cabinet.
Erdogan won the second round of the Turkish presidential election, which was held on May 28. According to data after processing 99.75% of ballots, Erdogan received 52.1% of the votes, while his opponent, opposition leader Kemal Kılıçdaroğlu, won 47.9%.
Earlier, a video on the Club of Experts channel analyzed the situation in Turkey after the elections. The full video can be seen at the link:
Turkish President Recep Tayyip Erdogan said on Sunday that he had won the presidential election.
“Our nation has made a choice and once again empowered us to lead the country for another five years,” Erdogan said, addressing his supporters at a rally.
He thanked all Turkish citizens who voted for him.
The presidential election in Turkey is already being called the main election of 2023 in the world. The pre-election economic and political situation in Turkey was analyzed by the Club of Experts research center, watch the video with the Club’s experts here:
The presidential election in Turkey is already being called the main election of 2023 in the world. The pre-election economic and political situation in Turkey was analyzed by the research center of the Club of Experts, watch the video with the Club’s experts here:
On May 28, the second round of presidential elections is taking place in Turkey. After the first round, none of the candidates received more than 50% of the votes, which would guarantee victory and election as president of this country. The incumbent President Recep Tayyip Erdoğan and Kemal Kılıçdaroğlu of the united opposition are fighting for this post.
Polling stations started working at 8:00 local time and will be open until 17:00. There are 191,885 ballot boxes in 973 constituencies and 1,094 district election commissions across the country. In total, more than 60 million citizens of the country are expected to take part.
Abroad, 3.5 million Turkish citizens registered there could cast their votes for the new president. Election commissions worked in 73 countries, and voting in foreign representations ended on May 24. The ballot boxes from abroad were delivered to Ankara by air and diplomatic mail. They will be opened together with other ballot boxes after voting is over.
Turkey’s presidential election has already been called the world’s most important election of 2023. The analysis of the pre-election economic and political situation in Turkey was carried out by the Club of Experts Research Center, see the video of the Club’s experts at the link:
The two presidential candidates in Turkey visited polling stations almost simultaneously and voted in the second round of presidential elections.
According to the Turkish press, President Recep Erdoğan voted at a polling station in the Asian part of Istanbul, while his opponent Kemal Kılıçdaroğlu voted in Ankara.
Polling stations opened in Turkey at 08:00 am local time (the same time as Kiev), they will close at 17:00, after which the ban on the publication of voting data will be lifted.
Earlier, the “Club of Experts” analyzed the prospects of candidates in the second round of elections. You can view the video here:
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