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Turkish State Takes Near-Total Control Of US-Sanctioned Bank Over IRGC Ties

Turkish State Takes Near-Total Control Of US-Sanctioned Bank Over IRGC Ties On September 4, the US Treasury unveiled sanctions against a Turkey-based bank and two of its subsidiaries, accusing them of moving tens of millions of dollars on behalf of Iran's Islamic Revolutionary Guard Corps (IRGC) Quds Force and facilitating Tehran's movement of funds across the international banking system.  It did not take long for the Turkish government to sweep in and act to contain the damage and what some interpret as a national reputational hit, which was one of the opening...
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Jun 1, 2026 / Tyler Durden
Inside The Major Bill Poised To Reshape The US Housing Market
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Sep 1, 2026 / Tyler Durden
Solar Overtakes Coal As China's Largest Power Source
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Apr 13, 2026 / Tyler Durden
Navy's Green Laundry Initiative Weakened A $15 Billion Carrier
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