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Head of Germany’s foreign intelligence service warns confrontation with Russia has reached a new, more dangerous level and that Germany faces a risk of violent conflict with Russia.

2026-10-05

Head of Germany’s foreign intelligence service warns confrontation with Russia has reached a new, more dangerous level and that Germany faces a risk of violent conflict with Russia.

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2026-10-04

US President Trump: I am pleased to announce that John Coale, an outstanding lawyer and my highly successful Special Envoy for Belarus Affairs, will be my new Special Envoy for Hostage Affairs, with the rank of Ambassador.

US President Trump: I am pleased to announce that John Coale, an outstanding lawyer and my highly successful Special Envoy for Belarus Affairs, will be my new Special Envoy for Hostage Affairs, with the rank of Ambassador.
2026-10-05

BofA Securities says a large portion of September’s Turkey fund sell-off flowed into bank deposits. BofA economist Hande Kucuk reports Tefas, the Turkish electronic fund trading platform, saw net redemptions of about 743 billion lira (roughly $15bn)

BofA Securities says a large portion of September’s Turkey fund sell-off flowed into bank deposits. BofA economist Hande Kucuk reports Tefas, the Turkish electronic fund trading platform, saw net redemptions of about 743 billion lira (roughly $15bn) in September. The Tefas figure covers the full mutual fund universe through Sept. 16; 131 funds were later excluded after regulator-ordered liquidations. Between Sept. 1–29 bank deposits rose about 950 billion lira, with corporate deposits up roughly 884 billion; 63% of the corporate inflow was lira and 37% foreign-currency, broadly matching recent dollarization trends. The September fund-market shock drained hundreds of billions of lira from investment funds and raised concerns about rising dollarization that could threaten exchange-rate stability—important to Turkey’s strategy for fighting inflation—though Kucuk says dollarization in September remained within a manageable range. BofA expects residents’ foreign-currency-linked assets to have increased by about $1.7bn.
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