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Tuesday, November 21, 2017

Turkey’s central bank takes action as lira hits record low

Turkey’s central bank takes action as lira hits record low

Currency hit by persistent political interference and deteriorating US relations

More:Turkey’s central bank takes action as lira hits record low

The Turkish lira (TRL) is setting all-time lows as Erdogan picks a fight with the central bank — Quartz

The Turkish lira is setting all-time lows as Erdogan picks another fight with the central bank
Eshe Nelson
November 21, 2017

It’s a battle that neither side is destined to win. Last week, Turkish president Recep Tayyip Erdogan picked another fight with the country’s central bank, spooking investors already worried about the institution’s independence. Erdogan said on Nov. 17 that the bank’s officials were on the “wrong path” by raising interest rates to battle inflation.

More:The Turkish lira (TRL) is setting all-time lows as Erdogan picks a fight with the central bank — Quartz

Turkey Forgets Lesson It Taught Russia on Ending Market Rout - Bloomberg

Turkey Forgets Lesson It Taught Russia on Ending Market Rout
By Anna Andrianova
, Ksenia Galouchko
, and Olga Tanas
November 21, 2017, 8:31 AM EST Updated on November 21, 2017, 12:45 PM EST

Bloomberg’s Simin Demokan discusses politics and the central bank in Turkey.

Turkish President Recep Tayyip Erdogan shouldn’t forget the time he taught Russian leader Vladimir Putin how to manage a currency crisis.

More:Turkey Forgets Lesson It Taught Russia on Ending Market Rout - Bloomberg

A Campaign Erdogan's Unlikely to Win: His Battle With Markets - Bloomberg

A Campaign Erdogan's Unlikely to Win: His Battle With Markets
By Selcuk Gokoluk
November 21, 2017, 12:30 PM EST

Recep Tayyip Erdogan is taking on financial markets again, and if history is a guide, he’s going to lose.

More:A Campaign Erdogan's Unlikely to Win: His Battle With Markets - Bloomberg

Turkish lira hits record low against US dollar - Al Arabiya English

Turkish lira hits record low against US dollar
The Turkish lira hit record lows in value against the US dollar on Tuesday.

The Turkish lira hit record lows in value against the US dollar on Tuesday as investors took fright over an impending trial in the United States and changes to banking regulations.

More:Turkish lira hits record low against US dollar - Al Arabiya English

CNN Turk Accused Of Being Pro-Government Outl | The Daily Caller

CNN’s Turkish Media Problem
Photo of Chuck Ross
Chuck Ross

To survive as a major news outlet in Turkey these days, TV networks and newspapers must stay on the good side of the NATO nation’s authoritarian president, Recep Tayyip Erdogan, and his ruling Justice & Development Party.
More:CNN Turk Accused Of Being Pro-Government Outl | The Daily Caller

Monday, November 20, 2017

Russia's winning the war for Turkish public's trust

Russia's winning the war for Turkish public's trust
Metin Gurcan November 20, 2017

Article Summary
Aided by the West's growing irritation with and neglect of Ankara, Moscow is convincing the Turkish public that Russia is its most reliable defense and security ally.

More:Russia's winning the war for Turkish public's trust

U.S., Turkey Need Stronger Ties, Say Experts

U.S., Turkey Need Stronger Ties, Say Experts

On the eve of Turkish Prime Minister Binali Yildirim’s meeting with U.S. Vice President Mike Pence, the Turkish Heritage Organization held a Nov. 8 congressional staff briefing on U.S.-Turkey relations at the Rayburn House Office Building on Capitol Hill.

More:U.S., Turkey Need Stronger Ties, Say Experts

Turkish Bonds Tumble as Central Bank Fails to Shore Up Lira - Bloomberg

Turkish Bonds Tumble as Central Bank Fails to Shore Up Lira
By Constantine Courcoulas

Turkish Bonds Tumble Amid U.S., NATO Feud

The Turkish central bank’s latest measures are failing to bolster confidence.

More:Turkish Bonds Tumble as Central Bank Fails to Shore Up Lira - Bloomberg

Meral Aksener is not afraid of President Erdogan

Meral Aksener is not afraid of President Erdogan
By Lida Filippakis / Published on: 20-11-2017, 21:13

She is also known as Turkey's "Iron Lady" and has already proved that she relishes the challenge of power and would not easily relinquish centre-stage politics. Meral Aksener is no newbie. And she is back to challenge the present head of Turkey, Recep Tayyip Erdogan who, if he allows "a free election to take place", as The economist wrote, she might be his main rival.

More:Meral Aksener is not afraid of President Erdogan

Warplanes: Turks Lag But Persist

Warplanes: Turks Lag But Persist

November 20, 2017: In mid-2017 STM, a state owned Turkish firm, put on the market three new locally developed UAVs. These UAVs (Alpagu, Kargu and Togan) are simpler and smaller than earlier Turkish efforts. STM declared that the three new UAVs were already in service, which meant that Turkish troops and police tested them and found them useful. What the manufacturers want is export sales and these UAVs address a market that is currently very crowded and competitive.

More:Warplanes: Turks Lag But Persist

Erdogan’s 'pious generation' curriculum gets failing grade

Erdogan’s 'pious generation' curriculum gets failing grade
Pinar Tremblay November 17, 2017

Turkish President Recep Tayyip Erdogan attends a ceremony as he is flanked by top officials and army officers at the mausoleum of Mustafa Kemal Ataturk, marking the anniversary of Ataturk's death, in Ankara, Turkey, Nov. 10, 2017.

More:Erdogan’s 'pious generation' curriculum gets failing grade

Insights Into Turkish Domestic and International Politics - Stratfor Worldview

Insights Into Turkish Domestic and International Politics
Turkish President Recep Tayyip Erdogan talks to the press as the 2017 G-20 summit winds down.

By Ben McPherson for the European Geopolitical Forum (EGF)

Key Points:

President Erdogan has successful visit to New York in connection with UN Summit, but new Ankara-Washington tensions grow over the arrest of a Turkish national working at the US embassy. Both countries have announced the suspension of all non-immigrant visas, a serious development.

More:Insights Into Turkish Domestic and International Politics - Stratfor Worldview

Turkish Airlines launches Braille boarding passes

Turkish Airlines launches Braille boarding passes

Turkish Airlines has started to offer embossed boarding passes written in Braille for its visually impaired passengers, to make the flight experience easier for them.

More:Turkish Airlines launches Braille boarding passes

Is a Deal in the Works for Turkish Businessman Implicated in Iran Sanctions Case? – Foreign Policy

Is a Deal in the Works for Turkish Businessman Implicated in Iran Sanctions Case?
With jury selection scheduled for Monday, Reza Zarrab is MIA.
By Elias Groll | November 20, 2017, 7:00 AM

Before he was accused of masterminding a multibillion dollar sanctions-busting scheme involving gold sales to Iran in exchange for oil and gas, Reza Zarrab was one of Turkey’s most visible businessmen. With his vast real estate holdings, private plane, and pop star wife, Zarrab was a symbol of the country’s new elite, with connections at the highest levels of the Turkish government.

More:Is a Deal in the Works for Turkish Businessman Implicated in Iran Sanctions Case? – Foreign Policy

Erdogan aide: Turkey should review NATO membership | WTOP

Erdogan aide: Turkey should review NATO membership
By The Associated Press November 20, 2017 10:08 am

ANKARA, Turkey (AP) — Turkish media reports are quoting an adviser to President Recep Tayyip Erdogan as saying it’s time for Turkey to review its membership in the NATO military alliance.

More:Erdogan aide: Turkey should review NATO membership | WTOP