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Turkish exports to Italy increased by approximately 5% in the first eleven months of the year, reaching $11.3 billion, amid strengthening bilateral relations. A sector representative suggests Türkiye could play a pivotal strategic role for Europe by supplying key resources for digital transformation.President Recep Tayyip Erdogan held significant bilateral meetings on the sidelines of an international forum in Turkmenistan. His diplomatic agenda included separate talks with Russian President Vladimir Putin, Pakistani Prime Minister Shehbaz Sharif, and Turkmen President Serdar Berdimuhammedov. The engagements highlight Türkiye's active role in fostering regional dialogue and peace initiatives.President Recep Tayyip Erdogan held talks with Pakistani Prime Minister Shehbaz Sharif on the sidelines of an international forum, affirming efforts to enhance bilateral cooperation. Discussions focused on deepening partnerships in energy and trade, and Türkiye's potential role in supporting regional ceasefire mechanisms.The eighth Take Off Istanbul Startup Summit has begun, bringing together around 500 startups and 250 investors from over 40 countries. The event features international pavilions, investor meetings, and training sessions.During a contentious Knesset session, Israeli Prime Minister Benjamin Netanyahu stated his government allocated over 2 billion shekels ($620M) to the Foreign Ministry to combat what he termed propaganda about genocide. He defended Israel's international standing and mentioned ongoing dialogue with Russia.

Turkish exports to Italy increased by approximately 5% in the first eleven months of the year, reaching $11.3 billion, amid strengthening bilateral relations. A sector representative suggests Türkiye could play a pivotal strategic role for Europe by supplying key resources for digital transformation.President Recep Tayyip Erdogan held significant bilateral meetings on the sidelines of an international forum in Turkmenistan. His diplomatic agenda included separate talks with Russian President Vladimir Putin, Pakistani Prime Minister Shehbaz Sharif, and Turkmen President Serdar Berdimuhammedov. The engagements highlight Türkiye's active role in fostering regional dialogue and peace initiatives.President Recep Tayyip Erdogan held talks with Pakistani Prime Minister Shehbaz Sharif on the sidelines of an international forum, affirming efforts to enhance bilateral cooperation. Discussions focused on deepening partnerships in energy and trade, and Türkiye's potential role in supporting regional ceasefire mechanisms.The eighth Take Off Istanbul Startup Summit has begun, bringing together around 500 startups and 250 investors from over 40 countries. The event features international pavilions, investor meetings, and training sessions.During a contentious Knesset session, Israeli Prime Minister Benjamin Netanyahu stated his government allocated over 2 billion shekels ($620M) to the Foreign Ministry to combat what he termed propaganda about genocide. He defended Israel's international standing and mentioned ongoing dialogue with Russia.

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US slaps new sanctions on Maduro family, Venezuelan oil shipping

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22:19, 11/12/2025, Thursday

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US slaps new sanctions on Maduro family, Venezuelan oil shipping

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The US Treasury has imposed fresh sanctions targeting Venezuelan President Nicolas Maduro's inner circle and oil sector, including three of his wife's nephews. Treasury Secretary Scott Bessent accused Maduro's "criminal associates" of flooding the US with drugs, marking a sharp reversal from prior engagement efforts.

The United States Treasury Department announced a new set of sanctions on Thursday aimed at Venezuelan President Nicolas Maduro's close associates and key sectors of the country's economy. The measures specifically target individuals within Maduro's family circle and several companies involved in shipping Venezuelan oil, marking a significant escalation in US pressure on the Caracas government.

Targets: Family Members and Oil Shipping

The sanctions, enacted by the Office of Foreign Assets Control (OFAC), designate three nephews of Maduro's wife, Cilia Flores, and a businessman linked to the president. Additionally, six shipping companies operating in Venezuela's crucial oil sector were sanctioned. OFAC also identified six vessels associated with these companies, accusing them of using "deceptive and unsafe" practices to provide financial support to Maduro's administration.

Official Accusations and Policy Shift

In a statement, US Treasury Secretary Scott Bessent levied severe accusations, stating, "Nicolas Maduro and his criminal associates in Venezuela are flooding the United States with drugs that are poisoning the American people." He framed the sanctions as a reversal of the previous administration's policy

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Titles :Nicolas Maduro OFAC Treasury Department US Venezuela

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