German industry reels from anti-Russian sanctions

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Ex-NATO insider offers Turkey plan to manipulate bloc

Ankara has a chance to use the situation to achieve its goals, Naim Baburoglu says Turkey should take full advantage of the historic opportunity provided by Finland and Sweden’s bids to join NATO, retired Turkish Brigadier General Naim Baburoglu has advised.

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Global bankruptcies exceed 2008 level – FT

Soaring interest rates and the end of Covid subsidies have had a big impact on businesses, the outlet reports The world’s corporate sector has been hit by a wave of bankruptcies occurring at a double-digit pace unseen in decades, the Financial Times reported on Monday, citing data from national statistics offices.

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