Germany Blocks Defense Exports To Turkey In “Worst Crisis Since World War II”

The “worst crisis between Germany and Turkey since World War II” just took another turn worse, after German media reported that in the latest escalation to date between Berlin and Ankara, Chancellor Angela Merkel will freeze present and future Turkish orders of defense goods amid souring diplomatic relations between the two nations, Bild Zeitung said citing unidentified govt officials.

This effective trade embargo comes just hours after Germany’s issued a safety warning to tourists traveling to Turkey and warned investors against doing business there. As discussed this morning, in unusually bold language Germany’s foreign minister Sigmar Gabriel announced a “re-orientation” of German policy towards Turkey, saying Berlin would reconsider the economic aid and export credit guarantees it provides for the country. Continue reading