ISTANBUL
Here’s a rundown of all the news you need to start your Wednesday, including US President Donald Trump declining to specify limits on his pursuit of Greenland, Syria announcing a four-day ceasefire with the terrorist group SDF, Israel ransacking a UN agency headquarters in East Jerusalem, and Turkish President Erdogan telling Trump that Türkiye is “closely” following the situation in Syria.
TOP STORIES
When pressed by reporters on Tuesday, US President Donald Trump declined to specify limits on his pursuit of Greenland.
"You'll find out," he said when asked how far Washington will go at a White House briefing commemorating his first year in office.
His remarks came amid heightened tensions between the US and Europe, as he renewed pressure to acquire Greenland and threatened new tariffs on European countries.
The US president announced 10% tariffs on goods from eight European nations until there is agreement for "the complete and total purchase of Greenland."
Syria’s Defense Ministry on Tuesday evening announced a four-day ceasefire with the SDF.
In a statement, the ministry said it would halt “all firing across all operational sectors of the Syrian Arab Army” as of 8 pm local time (1700GMT).
The ceasefire “will remain in effect for four days from its date,” in line with “the understandings announced by the Syrian state with the SDF” and “out of keenness to ensure the success of the national efforts being made,” the ministry said.
The ministry stressed that it “will remain the shield of the Syrian people.”
Israeli forces and far-right National Security Minister Ben-Gvir on Tuesday stormed and ransacked the closed headquarters of the UN agency for Palestinian refugees (UNRWA) in East Jerusalem, witnesses said.
They told Anadolu that Israeli teams, accompanied by at least one bulldozer, moved into the compound located in the Sheikh Jarrah neighborhood, and demolished structures on the site.
The witnesses added that Israeli forces also raised the Israeli flag over the compound, replacing the UN flag.
UN Secretary-General Antonio Guterres on Tuesday condemned the move.
Turkish President Recep Tayyip Erdogan and his US counterpart Trump held a phone call Tuesday to discuss bilateral ties and regional and global issues, Türkiye's Communications Directorate said.
Erdogan told Trump that Türkiye is "closely" following developments in Syria and that Syria's unity, solidarity, and territorial integrity are important for Ankara, said a directorate statement.
The leaders also exchanged views on the fight against ISIS (Daesh) and the situation of ISIS members in Syrian prisons.
Erdogan said "a peaceful Syria, free from terrorism and developing in all aspects, would contribute to the stability of the region," the directorate stated.
NEWS IN BRIEF
BUSINESS & ECONOMY
US stocks ended with losses Tuesday amid rising geopolitical risks due to the US-Europe dispute over Greenland.
The Dow Jones Industrial Average fell 1.76%, or 870.74 points, to end at 48,488.59.
The Nasdaq sank 2.39%, or 561.06 points, to 22,954.32, and the S&P 500 lost 2.06%, or 143.15 points, to 6,796.86.
The World Bank reported Tuesday that "frontier market" economies, largely composed of middle-income diversities, have largely failed to realize their potential in recent years, with per capita investment in the 2020s being less than half of what it was in the 2010s.
"Yet the experience of the top performers among frontier markets reveals lessons for the 56 economies currently in the cluster," the bank said in a statement.
The statement noted that these economies have made little progress in attracting investment since 2000, and that the rate of per capita investment growth has gradually slowed over the last 25 years, falling to just 2% in the 2020s.
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