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Saturday, September 30, 2023
Turkey's lira makes a comeback amid economic U-turn: Goldman Sachs - Al-Monitor: Independent, trusted coverage of the Middle East
Turkey's lira makes a comeback amid economic U-turn: Goldman Sachs
Foreign investors are beginning to return to the Turkish economy after Erdogan's new government reversed the previous unorthodox policies in June.
September 30, 2023
As Turkey's government is working to reverse years of unorthodox economic policy, the country’s embattled currency is now seeing FX carry-trade investors returning, according to global investment bank Goldman Sachs.
More:Turkey's lira makes a comeback amid economic U-turn: Goldman Sachs - Al-Monitor: Independent, trusted coverage of the Middle East
Tuesday, September 26, 2023
Turkish lira falls to a new record low amid questionable policy | Al Mayadeen English
Turkish lira falls to a new record low amid questionable policy
By
Al Mayadeen English
Turkey's lira has fallen to an all-time low against the US dollar, hitting 27.5155 per dollar on Tuesday before closing at 27.2176 Turkish liras per US dollar.
More:Turkish lira falls to a new record low amid questionable policy | Al Mayadeen English
Erdogan says Menendez resignation from Senate committee boosts Turkey's bid to acquire F-16s
Erdogan says Menendez resignation from Senate committee boosts Turkey's bid to acquire F-16s
BY ASSOCIATED PRESS ISTANBUL
PUBLISHED 7:50 AM ET SEP. 26, 2023
ISTANBUL (AP) — Turkey’s chances of acquiring F-16 fighter jets from the U.S. have been boosted by Sen. Bob Menendez stepping down as chairman of the Senate Foreign Relations Committee, Turkish President Recep Tayyip Erdogan said in remarks published Tuesday.
More:Erdogan says Menendez resignation from Senate committee boosts Turkey's bid to acquire F-16s
Friday, September 22, 2023
Ataturk's republic turns 100: Turkey's enduring identity crisis - Qantara.de
Ataturk's republic turns 100
Turkey's enduring identity crisis
To mark the 100th anniversary of the founding of the Republic of Turkey, German journalist and Qantara.de contributor Cigdem Akyol has written a new history of what she calls "the divided republic". Marian Brehmer read the book
More:Ataturk's republic turns 100: Turkey's enduring identity crisis - Qantara.de
bne IntelliNews - Turkey’s economic mess could prove too big even for assembled 'A-Team' to handle, warns veteran analyst
Turkey’s economic mess could prove too big even for assembled 'A-Team' to handle, warns veteran analyst
By bne IntelIiNews September 21, 2023
The scale of Turkey’s economic mess might prove too big for the country’s newly assembled “A-team” of policy makers on the economy to overcome, a veteran analyst of Turkish markets warned on September 21.
More:bne IntelliNews - Turkey’s economic mess could prove too big even for assembled 'A-Team' to handle, warns veteran analyst
Thursday, September 21, 2023
Turkey pushes interest rates up to highest level since 2003 | Euronews
Turkey pushes interest rates up to highest level since 2003
By James Thomas
The central bank said that rocketing inflation was above expectations in the past couple of months and that to combat the trend, more interest rate hikes are likely.
More:Turkey pushes interest rates up to highest level since 2003 | Euronews
Saturday, September 16, 2023
Erdogan Says Turkey Could 'Part Ways' With EU if Necessary
Erdogan Says Turkey Could 'Part Ways' With EU if Necessary
By Reuters
ISTANBUL (Reuters) -Turkish President Tayyip Erdogan said on Saturday that Ankara could "part ways" with the European Union if necessary when asked about the contents of a European Parliament report on Turkey.
More:Erdogan Says Turkey Could 'Part Ways' With EU if Necessary
Thursday, September 14, 2023
Turkey’s Erdogan Continues Revamp as Several Advisers Stand Down
Turkey’s Erdogan Continues Revamp as Several Advisers Stand Down
Selcan Hacaoglu and Firat Kozok
Thu, September 14, 2023 at 12:08 p.m. GMT+2·1 min read
(Bloomberg) -- More than 10 senior advisers to Recep Tayyip Erdogan stepped down this week, according to people familiar with the matter, as Turkey’s president continues to revamp his administration following his re-election in May.
More:Turkey’s Erdogan Continues Revamp as Several Advisers Stand Down
US imposes sanctions on Turkish companies trading with Russia
US imposes sanctions on Turkish companies trading with Russia
The sanctions come as the White House hopes Turkiye will ratify Sweden's NATO bid in October
News Desk
SEP 14, 2023
Adewale Adeyemo, deputy U.S. Treasury secretary (Photo credit: Greg Nash/The Hill/Bloomberg via Getty Images)
The US government imposed sanctions on five Turkish companies and a Turkish citizen, alleging they are helping Russia bypass US sanctions to obtain dual-use products needed for its war against Ukraine, Reuters reported on 14 September.
More:US imposes sanctions on Turkish companies trading with Russia
Tuesday, September 12, 2023
World Bank provides further $18bn to Turkiye, after return to high interest rates – Middle East Monitor
World Bank provides further $18bn to Turkiye, after return to high interest rates
September 12, 2023 at 7:59 am
The World Bank announced last week its provision of a further $18 billion in a loan package to Turkiye, following the country’s return to economic orthodoxy.
More:World Bank provides further $18bn to Turkiye, after return to high interest rates – Middle East Monitor
Saturday, September 09, 2023
Brussels, my love? Is Turkey the best mediator in the Ukraine war? | Euronews
Brussels, my love? Is Turkey the best mediator in the Ukraine war?
By Méabh Mc Mahon
Published on 09/09/2023 - 07:00
In this edition of Brussels, my love? we discuss the unsuccessful Sochi summit between Turkish and Russian leaders and a new plan to clean up corruption in the EU institutions.
More:Brussels, my love? Is Turkey the best mediator in the Ukraine war? | Euronews
Friday, September 08, 2023
We should never have let Cyprus join the EU – POLITICO
We should never have let Cyprus join the EU
The bloc should have put accession on ice and made it clear to both sides that only a united island would be allowed to join.
More:We should never have let Cyprus join the EU – POLITICO
Turkish Citizenship Is a Hot Commodity - WSJ
Turkish Citizenship Is a Hot Commodity
Only microstates used to offer passports to wealthy individuals in exchange for an investment, but then Turkey got into the game.
More:Turkish Citizenship Is a Hot Commodity - WSJ
Thursday, September 07, 2023
Erdogan, Putin Deepen Cooperation, Putting Ankara on Collision Course With Western Allies
Erdogan, Putin Deepen Cooperation, Putting Ankara on Collision Course With Western Allies
September 07, 2023 3:30 PM
Dorian Jones
Turkish President Recep Tayyip Erdogan and his Russian counterpart, Vladimir Putin, are pledging deeper economic cooperation as the list of international sanctions on Russia grows. Dorian Jones reports from Istanbul.
More:Erdogan, Putin Deepen Cooperation, Putting Ankara on Collision Course With Western Allies
Wednesday, September 06, 2023
Will Turkey turn westward once again? | The Hill
Will Turkey turn westward once again?
BY ERIC MANDEL, OPINION CONTRIBUTOR - 09/06/23 11:00 AM ET
Over the 20 years since President Recep Tayyip Erdoğan took the mantle of Turkish leadership, the U.S.-Turkey relationship has been challenging. Erdoğan took his nation in a more sectarian Islamist direction, leaving behind Americans’ idealized vision of Turkey as a secular, democratic Muslim nation.
More:Will Turkey turn westward once again? | The Hill
2 Killed, 12 Injured in Istanbul Torrential Rains - Other Media news - Tasnim News Agency
2 Killed, 12 Injured in Istanbul Torrential Rains
September, 06, 2023 - 16:30 Other Media news
TEHRAN (Tasnim) – Fierce rainstorms have lashed Turkey's largest city Istanbul, leaving at least two dead and 12 injured, the governor's office said on Wednesday.
More:2 Killed, 12 Injured in Istanbul Torrential Rains - Other Media news - Tasnim News Agency
Tuesday, September 05, 2023
The Turkish state is becoming more religious – will Turks be OK with that?
The Turkish state is becoming more religious – will Turks be OK with that?
Ataturk’s republic, which marks its centennial next month, has changed profoundly
DAVID
LEPESKA
Down two games to one to Balkan rival Serbia on Sunday evening, the Turkish women’s national team surged back to win the last two games and dramatically clinch its first-ever European volleyball championship. One western news outlet called it “a rare source of national pride that holds appeal across the country’s social divides”.
More:The Turkish state is becoming more religious – will Turks be OK with that?
JPMorgan ups Turkey inflation, interest rate forecasts | Reuters
JPMorgan ups Turkey inflation, interest rate forecasts
Reuters
September 4, 20234:12 PM GMT+2Updated a day ago
LONDON, Sept 4 (Reuters) - Higher-than-expected inflation data for August published on Monday prompted JPMorgan to revise its year-end inflation forecast to 65% from 62% with the annual rate now expected to peak at 73% in May 2024, according to the Wall Street bank.
More:JPMorgan ups Turkey inflation, interest rate forecasts | Reuters
Erdogan’s Putin Meeting Was More About Damage Control Than Grain - The Washington Post
Erdogan’s Putin Meeting Was More About Damage Control Than Grain
Analysis by Marc Champion | Bloomberg
September 5, 2023 at 12:15 a.m. EDT
It’s hard to think of President Recep Tayyip Erdogan, a strongman whose bizarre ideas on economics have brought his country close to catastrophe, as a pragmatist. But that’s how to understand his foreign policy swings, and why he’s stuck in a loveless triangle with Russia and NATO.On Monday, Erdogan went to see Russia’s President Vladimir Putin in the Black Sea resort of Sochi, with much of his government in tow. He stated the obvious on his way in: “Everyone,” he said, was watching whether they could revive the grain deal that allowed Ukraine to export 33 million tons of wheat and other
More:Erdogan’s Putin Meeting Was More About Damage Control Than Grain - The Washington Post
Sunday, September 03, 2023
ANF | 29 women murdered in Turkey in August
29 women murdered in Turkey in August
Of the 29 women murdered in Turkey during the month of August, 21 died under suspicious circumstances.
More:ANF | 29 women murdered in Turkey in August
Friday, September 01, 2023
Turkey's 2024 local elections: How to win against Erdogan's AKP? - Qantara.de
Turkey's 2024 local elections
How to win against Erdogan's AKP?
While Turkey's opposition has been in deadlock since losing the elections, many of its supporters are suffering from post-election stress. As Recep Tayyip Erdogan and the ruling AKP turn their attentions to the 2024 local elections, their rivals remain preoccupied with infighting. Ayse Karabat reports from Istanbul
More:Turkey's 2024 local elections: How to win against Erdogan's AKP? - Qantara.de
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