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Citigroup Inc. Acquires New Stake in Turkish Investment Fund

Citigroup Inc. acquired a new position in shares of TURKISH INVT FD (NYSE:TKF) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 65,882 shares of the financial services provider’s stock, valued at approximately $632,000.

US Delegation To Travel To Turkey Amid Visa Crisis

A US delegation from the State Department will travel to Turkey next week to discuss the ongoing crisis between the nations involving the arrest of US consulate employees and the suspension of visa services. Turkish government spokesman Bekir Bozdag told Haberturk television on Thursday that the two sides have agreed to work together on the crisis and that representatives will meet. Broadcaster NTV and other local media said Deputy Assistant Secretary of State Jonathan Cohen will lead the US delegation.

Blackhawk Modifications Teams with Sierra Nevada Corporation to Certify the XP67A for the King Air 350ER

LAS VEGAS, NV – October 9, 2017 – Through Blackhawk Modifications’ subsidiary government and military sales division, Vector-Hawk Aerospace (VHA), the companies have teamed with Sierra Nevada Corporation (SNC) to offer the Blackhawk XP67A Engine+ Upgrade STC Kit for the King Air 350ER at 16,500 and 17,500 pounds maximum allowable takeoff weight (MTOW).  Specifically developed for military and government operations, the offering will include two factory-new Pratt & Whitney Canada (P&WC) PT6A-67A engines, new MT 5-bladed composite propeller assemblies and spinners, and a True Blue Power lithium-ion battery. Training, support, and a five year/2,500 hour enhanced new-engine warranty are also included.

Spat with US to be Resolved Soon: Turkey's Deputy PM

A diplomatic crisis between the United States and Turkey that led them to stop issuing visas to each other's citizens is "overblown" and will likely be resolved soon, Turkish Deputy Prime Minister Mehmet Simsek said. In remarks apparently aimed at defusing tensions between the two countries on Wednesday, Simsek told an event in Washington that Turkey considered the safety and security of US diplomats and employees in Turkey a "top priority", and described the detention of staff at US missions in Turkey as "routine" investigations.

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