We've Seen This Before... and It Didn't End Well

Strange events are unfolding in the global financial system. A monetary reset dubbed the "Mar-a-Lago Accord" is quietly in motion, and the financial elite are already taking protective action. If history is any guide, you could lose up to 40% of your wealth in the next two years. Move your money before it's too late.

Turkey warns Cyprus' Israeli air defense system could destabilize island

SUZAN FRASER
September 18, 2025

ANKARA, Turkey (AP) -- Turkey is closely monitoring Cyprus' reported procurement of an Israeli air defense system, Turkish officials said Thursday, warning that the move could destabilize a "fragile balance" on the divided island.

Turkish defense ministry officials expressed concerns over reports suggesting that an Israeli-made Barak MX integrated air defense system had been delivered to Cyprus. The officials, who spoke on condition of anonymity in line with government regulations, said Cyprus' ongoing armament efforts would threaten peace and stability on the island and may lead to "dangerous consequences."

The Mediterranean island has been split along ethnic lines since 1974 when Turkey invaded in the wake of a coup that aimed to unify the island with Greece. Only Turkey recognizes a 1983 Turkish Cypriot declaration of independence in the island's northern third where Turkey continues to maintain more than 35,000 troops.

The Israeli ground-based system is capable of simultaneously intercepting missiles, drones and aircraft from as far as 93 miles (150 kilometers) away. Its deployment would mark a significant upgrade to Cyprus' defense shield, which had until recently only consisted of Soviet-era weapons, such as the BUK M1-2 missile system.

Cyprus' defense minister, Vasilis Palmas, said in an interview with The Associated Press last year that bolstering the country's defense capacity is critical for the island nation, which is located close to the war-torn Middle East.

Turkey regards the deployment of the Israeli system as a security threat.

In 1997, Cyprus' plans to deploy Russian-made S-300 air defense missiles triggered a standoff with Turkey, which threatened military action. The tensions de-escalated after Cyprus agreed to transfer the missiles to Greece.

The defense officials said that Turkey remains committed to safeguarding the security of the Turkish Cypriots, adding, without elaborating, that all kinds of measures were being taken to ensure their safety.

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