Politics10/8/2025Bloomberg

Turkey’s Erdogan Says Halkbank US Case to End After Trump Talks

Turkey’s Erdogan Says Halkbank US Case to End After Trump Talks

The article discusses the legal case involving the Turkish state lender, Halkbank, in the United States. Turkish President Recep Tayyip Erdogan stated that the case is expected to be resolved following recent talks with U.S. President Donald Trump. This statement led to a rise in Halkbank's share prices. The Halkbank case is related to alleged violations of U.S. sanctions on Iran. The case has been a source of tension between Turkey and the U.S. Erdogan's remarks suggest that a resolution may be in sight, potentially easing the tensions between the two countries. However, the article does not provide further details on the specific outcome or timeline of the case's resolution. The article presents the key details of Erdogan's statement and its impact on Halkbank's share prices, without delving into the broader political and economic implications of the case. The summary focuses on the most salient facts, maintaining a concise and unbiased tone.

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