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Tuesday, January 11, 2022

Erdogan’s Adventurism: A Challenge For Europe – OpEd – Eurasia Review

Erdogan’s Adventurism: A Challenge For Europe – OpEd January 11, 2022 Sarah Neumann* 0 Comments By Sarah Neumann* Turkey has come a long way as a pillar of NATO and the West during the Cold War and has recently gone from being a credible member of the Council of Europe and a country seeking to join the European Union to a destructive and untrustworthy partner for NATO and the West. Turkey’s conflicts and tensions with European countries and the United States have escalated gradually since the justice and development party (AKP) came to power in 2002. In 2020 the Erdogan-led Turkey saw a profound shift in relations with its traditional Western partners. This transformation took place at a time when Turkish foreign policy was close to being militarily influenced by nationalist narratives in order to exert Ankara’s power to near abroad. More:Erdogan’s Adventurism: A Challenge For Europe – OpEd – Eurasia Review

Turkey's economic woes are hurting Erdogan - polls | Reuters

Turkey's economic woes are hurting Erdogan - polls By Ali Kucukgocmen ISTANBUL, Jan 11 (Reuters) - More Turks now believe an opposition alliance is better suited than President Tayyip Erdogan and his ruling AK Party (AKP) to end the economic turmoil that has engulfed their country, according to a slew of opinion polls published this month. More:Turkey's economic woes are hurting Erdogan - polls | Reuters

Friday, January 07, 2022

‘A fire in their kitchen’: In Turkey, dreams are shattered by economic realities | The Independent

‘A fire in their kitchen’: In Turkey, dreams are shattered by economic realities Inflation and stagnant wages make the poor poorer and destroy aspirations of the middle class, writes More:‘A fire in their kitchen’: In Turkey, dreams are shattered by economic realities | The Independent

Wednesday, January 05, 2022

Turkey’s opposition faces Erdogan’s ire as economic crisis muddles election timetable - Al-Monitor: The Pulse of the Middle East

Turkey’s opposition faces Erdogan’s ire as economic crisis muddles election timetable Opposition parties are under growing pressure as Turkey waits to see if Recep Tayyip Erdogan will call early elections despite skyrocketing prices. More:Turkey’s opposition faces Erdogan’s ire as economic crisis muddles election timetable - Al-Monitor: The Pulse of the Middle East

Tuesday, January 04, 2022

It's Time to End CNN's License for CNN Turk's Hate Content | Opinion

It's Time to End CNN's License for CNN Turk's Hate Content | Opinion AYKAN ERDEMIR AND TOBY DERSHOWITZ , FOUNDATION FOR DEFENSE OF DEMOCRACIES ON 1/4/22 AT 8:00 AM EST Turkish media recently reported that CNN International is sending a team to Turkey to "look into its Turkish branch's broadcasting policy," which has been "under fire for its one-sided reports." This belated move gives CNN an opportunity to disassociate its brand from one of the leading propaganda outlets of Turkey's increasingly authoritarian President Recep Tayyip Erdogan. It is long overdue for CNN to revoke its license for CNN Turk and its hate content. More:It's Time to End CNN's License for CNN Turk's Hate Content | Opinion

Turkey's Youth Could Be Erdogan's Biggest Threat in Next Year’s Elections

Turkey's Youth Could Be Erdogan's Biggest Threat in Next Year’s Elections January 04, 2022 1:05 PM Dorian Jones Turkey’s President Recep Tayyip Erdogan has vowed to create what he described as “a pious generation” of young Turkish nationalists that would be loyal to traditional Islamic values. But political analysts say winning the votes of young people could be his biggest challenge ahead of elections in 2023. Dorian Jones reports from Istanbul. More:Turkey's Youth Could Be Erdogan's Biggest Threat in Next Year’s Elections

Monday, January 03, 2022

Two Turkey-origin women to serve in new Dutch government - Turkey News

Two Turkey-origin women to serve in new Dutch government ANKARA Two women lawmakers of Turkey-origin will take their seats in the new four-party coalition government, with the parties reaching an agreement under the leadership of Prime Minister Mark Rutte after a 271-day government-free period in the country. More:Two Turkey-origin women to serve in new Dutch government - Turkey News

Turkey's inflation hits a 19-year high of 36%

Turkey's inflation hits a 19-year high of 36% ANKARA – Turkey’s yearly inflation climbed by the fastest pace in 19 years, jumping to 36.08% in December, official data showed on Monday. More:Turkey's inflation hits a 19-year high of 36%

Sunday, January 02, 2022

Turkey’s president cannot defy reality for long | The Economist

Turkey’s president cannot defy reality for long Recep Tayyip Erdogan’s scheme to save Turkey’s currency only heightens the risks More:Turkey’s president cannot defy reality for long | The Economist

Thursday, December 30, 2021

Turkish finance minister wrecks economy ‘with a twinkle in his eye’ · Global Voices

Turkish finance minister wrecks economy ‘with a twinkle in his eye’ The minister dodged questions on the economy's failing figures Written by Arzu Geybullayeva Posted 30 December 2021 7:20 GMT Turkish Twitter-sphere was full of memes and jokes after the country’s new Minister of Treasure and Finance, Nureddin Nebati, exclaimed in a TV interview that the economy was about the “twinkle” in his eyes. The twinkle was the minister’s response to a question on economic indicators as the country navigates its worst-ever financial crisis, largely caused by President Recep Tayyip Erdoğan’s unorthodox economic policies, now dubbed Erdoganomics. More:Turkish finance minister wrecks economy ‘with a twinkle in his eye’ · Global Voices

Turkish Lira Crisis Turns Political With Lawsuit Threat

Turkish Lira Crisis Turns Political With Lawsuit Threat By Dmitry ZAKS 12/30/21 AT 6:13 AM Turkey's currency crisis turned increasingly political on Thursday after a top minister urged citizens to sue economists who comment on social media about the lira's slide. Finance Minister Nureddin Nebati's unusual remarks late Wednesday followed the banking regulator's decision to file complaints against more than 20 people -- including a former central bank governor -- over their Twitter posts. More:Turkish Lira Crisis Turns Political With Lawsuit Threat

Lira on four-day skid as Ankara struggles to hold confidence | Reuters

Lira on four-day skid as Ankara struggles to hold confidence By Ezgi Erkoyun and Nevzat Devranoglu ISTANBUL, Dec 30 (Reuters) - Turkey's lira fell as much as 6% on Thursday, extending a four-day slide after last week's big gains, as the government struggled to convince savers to ignore the volatility and worries over surging inflation and unorthodox rate cuts. More:Lira on four-day skid as Ankara struggles to hold confidence | Reuters

Wednesday, December 29, 2021

Erdogan may cash in on economy steps with early election, analysts say | Reuters

Erdogan may cash in on economy steps with early election, analysts say By Birsen Altayli and Orhan Coskun ISTANBUL, Dec 29 (Reuters) - Turkey's President Tayyip Erdogan has effectively opened the door to early elections, political analysts said, after two big recent announcements - a 50% rise in the minimum wage and a deposit-protection scheme that arrested a currency crash. More:Erdogan may cash in on economy steps with early election, analysts say | Reuters

Tuesday, December 28, 2021

Erdogan’s choices are destroying Turkey’s economy - D1SoftballNews.com

Erdogan’s choices are destroying Turkey’s economy The collapse of the lira in Turkey is putting the country’s economy at risk. It is not just a condition due to the global economic crisis. It is also, or perhaps above all, a consequence of the decisions of President Recep Tayyp Erdogan. More:Erdogan’s choices are destroying Turkey’s economy - D1SoftballNews.com

Time capsule with notes to future put into Istanbul's Bosphorus Strait - Global Times

Time capsule with notes to future put into Istanbul's Bosphorus Strait By Xinhua The first rays of the morning sun in the Bosphorus Strait in Istanbul, Turkey, on Dec. 11, 2021.(Photo: Xinhua)   "Dear people! I love you so much. I want to be a freediving champion, and I want to see a whale," Liza Sukhinina, an 8-year-old Russian freediver, wrote about her wish for the future in a letter. More:Time capsule with notes to future put into Istanbul's Bosphorus Strait - Global Times

Turks keep holding on to dollars as mistrust in Erdogan lingers - Al-Monitor: The Pulse of the Middle East

Turks keep holding on to dollars as mistrust in Erdogan lingers Ankara’s currency-defense scheme has stopped the lira’s nosedive for now, but there is no tangible sign that a return to the lira has begun to reverse the alarming dollarization in the country. More:Turks keep holding on to dollars as mistrust in Erdogan lingers - Al-Monitor: The Pulse of the Middle East

Lira slide pushes young Turks to virtual working overseas | Financial Times

Lira slide pushes young Turks to virtual working overseas Local businesses complain of ‘brain drain’ as programmers take jobs with international companies More:Lira slide pushes young Turks to virtual working overseas | Financial Times

Turkey’s Erdogan shows bark and bite by targeting stray dogs in culture war | The Independent

Turkey’s Erdogan shows bark and bite by targeting stray dogs in culture war Turkish president orders stray dogs into shelters derided as ‘death camps’ and accuses pet owners of elitism Borzou Daragahi Istanbul Faced with soaring inflation, sliding approval ratings, and scepticism by international partners, Turkey’s president has set upon an unusual new culprit: dogs, which have become a source of controversy and a political wedge issue in the polarised country. More:Turkey’s Erdogan shows bark and bite by targeting stray dogs in culture war | The Independent

Monday, December 27, 2021

Erdogan’s new economic plan no remedy for lost purchasing power - Al-Monitor: The Pulse of the Middle East

Erdogan’s new economic plan no remedy for lost purchasing power Even as Ankara rolls out a new scheme to contain the country’s currency crisis, the severe losses of millions of low-and middle-income Turks appears irreversible. More:Erdogan’s new economic plan no remedy for lost purchasing power - Al-Monitor: The Pulse of the Middle East

Sunday, December 26, 2021

Analysis: Erdogan, struggle for way out of early election funnel

Analysis: Erdogan, struggle for way out of early election funnel December 26, 2021 AhlulBayt News Agency (ABNA): Amid the continuous slump of the Turkish national currency lira price, early elections demand by the opposition to end two decades of Recep Tayyip Erdogan rule of the country is stirring a heated debate of the media and political circles these days.  Over the past few days, lira crashed to a record low of 17 to the US dollar, with economists' forecasts suggesting that by the year's end the fall could reach 20. More:Analysis: Erdogan, struggle for way out of early election funnel

Thursday, December 23, 2021

Turkey issues emergency-use authorization for its domestically produced vaccine. - The New York Times

Turkey issues emergency-use authorization for its domestically produced vaccine. By The New York Times Dec. 22, 2021 Turkey granted emergency-use approval for a domestically developed Covid vaccine on Wednesday, adding a third inoculation option for its citizens, as the Omicron variant increasingly fuels outbreaks in Europe and beyond. More:Turkey issues emergency-use authorization for its domestically produced vaccine. - The New York Times

Tuesday, December 21, 2021

Turkey’s crisis rattles the faithful in Erdogan’s heartland – EURACTIV.com

Turkey’s crisis rattles the faithful in Erdogan’s heartland A woman checks rates on a board of the currency exchange office in Istanbul, Turkey, 2 December 2021. [EPA-EFE/SEDAT SUNA] Turkish President’s Recep Tayyip Erdoğan’s single-handed policies have triggered a 56% fall in the lira this year and driving up the cost of living for ordinary Turks. Nevertheless, Erdoğan’s party still enjoys more support than any other and can rely on near blanket support from media owned predominantly by his supporters. Mre:Turkey’s crisis rattles the faithful in Erdogan’s heartland – EURACTIV.com

Opinion: Erdogan is pulling the wool over voters′ eyes | Opinion | DW | 21.12.2021

Opinion: Erdogan is pulling the wool over voters' eyes Turkey's president, Recep Tayyip Erdogan, appears to have pulled a financial rabbit out of the hat to stop the lira's free fall. But that will not help him secure another presidential term, writes Banu Güven. More:Opinion: Erdogan is pulling the wool over voters′ eyes | Opinion | DW | 21.12.2021

Why One Man Can Ruin Turkey’s Economy | Council on Foreign Relations

Why One Man Can Ruin Turkey’s Economy Did Erdogan break Turkish politics by empowering the presidency—or was it broken already? More:Why One Man Can Ruin Turkey’s Economy | Council on Foreign Relations

Monday, December 20, 2021

Over half of Turks disagree with Erdoğan’s new economic model - survey | Ahval

Over half of Turks disagree with Erdoğan’s new economic model - survey Dec 20 2021 06:33 Gmt+3 Fifty-seven percent of Turks say Turkish President Tayyip Erdoğan’s new economic model is wrong, according to a recent survey by Türkiye Raporu polling company. More:Over half of Turks disagree with Erdoğan’s new economic model - survey | Ahval

Turkey's Erdogan introduces anti-dollarisation measures to prop lira | National Post

Turkey's Erdogan introduces anti-dollarisation measures to prop lira NEW YORK — Turkish President Tayyip Erdogan introduced a series of measures that aimed to prevent further dollarisation and encourage savings to be made in lira, as he repeated a defense of his low-rates policy, even as the lira crashed to record lows. More:Turkey's Erdogan introduces anti-dollarisation measures to prop lira | National Post

Sunday, December 19, 2021

Turks hunt for vanishing drugs in currency crisis

Turks hunt for vanishing drugs in currency crisis Ankara (AFP) – Fatih Yuksel is one of thousands of Turks rushing from one pharmacy to another in search of imported drugs that are disappearing as quickly as the lira is losing value. More:Turks hunt for vanishing drugs in currency crisis

Saturday, December 18, 2021

Erdogan's unorthodoxy leaves Turks in the literal cold - Asia Times

Erdogan’s unorthodoxy leaves Turks in the literal cold Turkish leader’s monetary policies have caused a currency crisis and runaway inflation that has skyrocketed rents by as much as 290% By JONATHAN GORVETT DECEMBER 18, 2021 The Turkish lira is collapsing while inflation is surging. Image: Twitter On December 15, one of the more telling twists in Turkey’s current currency crisis occurred, far from the boardroom of the country’s beleaguered central bank. In Idlib – the last stronghold of Syria’s anti-Assad opposition – one of the most powerful armed factions running the Turkey-backed enclave, Hayat Tahrir Al-Sham (HTS), made a brief announcement. More:Erdogan's unorthodoxy leaves Turks in the literal cold - Asia Times

Friday, December 17, 2021

Erdogan Faces Anger Over Turkey’s Living Cost, Threatening His 2023 Re-Election - Bloomberg

Turkey’s Erdogan Is Losing Support Where He Can Least Afford It An 800-kilometer journey from the president’s hometown to Turkey's capital, Ankara, shows his party is alienating voters ahead of elections in 2023. By Selcan Hacaoglu +Sign Up December 17, 2021, 2:21 AM EST Updated on December 17, 2021, 6:13 AM EST The anger sweeping along highways linking the humble hometown of Turkey’s leader and his plush lodgings in Ankara’s presidential palace is flashing a code red warning for Recep Tayyip Erdogan. More:Erdogan Faces Anger Over Turkey’s Living Cost, Threatening His 2023 Re-Election - Bloomberg

Erdogan’s Ponzi scheme comes apart - Asia Times

Erdogan’s Ponzi scheme comes apart Friday’s Istanbul exchange collapse, if not the breaking point, was a warning that madness will overcome method By DAVID P. GOLDMAN DECEMBER 18, 2021 Turkish President Erdogan is fighting a losing economic war against markets that have bombarded his nation's currency. Image: Twitter There has always been a method to the madness of Turkey’s leader Recep Tayyip Erdogan, who cut interest rates even while the value of the Turkish lira vanished on foreign exchange markets. The method, however, showed its fragility on Friday, December 17, when the currency traded at 17 to the dollar, about half its November level and one-eighth of its 2014 exchange rate. More:Erdogan’s Ponzi scheme comes apart - Asia Times

Thursday, December 16, 2021

Erdogan's Dangerous Obsession With Low Rates

Erdogan's Dangerous Obsession With Low Rates Bobby Ghosh (Bloomberg Opinion) -- The collapse of the Turkish lira this year has been a chronicle of a disaster foretold. Once a star performer among emerging-market currencies, the currency has plunged, thanks mainly to President Recep Tayyip Erdogan’s fixation on slashing interest rates. More:Erdogan's Dangerous Obsession With Low Rates

Erdoganomics: Turkey cuts rate again, while raising minimum wage 50% - Nikkei Asia

Erdoganomics: Turkey cuts rate again, while raising minimum wage 50% President continues with his risky bet on weak lira December 16, 2021 20:17 JSTUpdated on December 17, 2021 00:02 JST ISTANBUL -- Turkey's central bank announced on Thursday it was slashing its key benchmark rate by 100 basis points to 14% despite a recent plunge in the lira. More:Erdoganomics: Turkey cuts rate again, while raising minimum wage 50% - Nikkei Asia

Turkey raises minimum wage by 50% to help workers hit by soaring inflation | Financial Times

Turkey raises minimum wage by 50% to help workers hit by soaring inflation Erdogan announces pay boost just hours after central bank cuts rates, sending lira to new low More:Turkey raises minimum wage by 50% to help workers hit by soaring inflation | Financial Times

Wednesday, December 15, 2021

Many Turks Can’t Afford Bread, and Bakers Can’t Afford to Make It - The New York Times

Many Turks Can’t Afford Bread, and Bakers Can’t Afford to Make It Squeezed by rising costs, price controls and plunging sales, bakers warn of ruin, while their impoverished former customers line up for government-supplied loaves. More:Many Turks Can’t Afford Bread, and Bakers Can’t Afford to Make It - The New York Times

Monday, December 13, 2021

Thousands in poverty protest in Turkey as lira hits record lows | Euronews

Thousands in poverty protest in Turkey as lira hits record lows COMMENTS By Euronews  with AFP  •  Updated: 13/12/2021 - 12:30 Thousands marched through Istanbul on Sunday after trade unions denounced the rise of poverty in the country and called for an increase of the minimum wage. Turkey is currently experiencing a currency calamity due to the Turkish lira hitting record lows against the dollar – exceeding 13 to the US greenback this week –, losing nearly 30% in value in the last month alone, and over 43% since the start of the year. More:Thousands in poverty protest in Turkey as lira hits record lows | Euronews

Lira's decline hangs over Turkey's people - Marketplace

Lira’s decline hangs over Turkey’s people Sabri Ben-Achour Dec 13, 2021 Turkey’s inflation rate is over 20%, and the country’s central bank will likely cut interest rates again later this week, raising the inflation temperature. Turkey’s currency, the lira, has fallen to a new all-time low against the dollar on expectations of the rate cut. More:Lira's decline hangs over Turkey's people - Marketplace

Why Erdogan Can Ruin Turkey’s Economy by Himself

Why One Man Can Ruin Turkey’s Economy Did Erdogan break Turkish politics by empowering the presidency—or was it broken already? By Steven A. Cook, a columnist at Foreign Policy and the Eni Enrico Mattei senior fellow for Middle East and Africa studies at the Council on Foreign Relations. DECEMBER 13, 2021, 5:43 AM With the waves of democratization in Latin America and Eastern Europe in the 1980s and 1990s, social scientists could put to the test a long-running debate in political science: which system is superior in sustaining democracies, presidential or parliamentary? Beginning in 1985, a Yale University professor named Juan Linz argued that parliamentarism was better. Academic debates ensued, and subsequent research indicated that the case for parliamentarism is not as categorical as Linz suggested. More:Why Erdogan Can Ruin Turkey’s Economy by Himself

Sunday, December 12, 2021

Turkey's Erdogan, trailing in polls, shows off his collection of scissors, Europe News & Top Stories - The Straits Times

Turkey's Erdogan, trailing in polls, shows off his collection of scissors ANKARA (BLOOMBERG) - In the almost two decades that Recep Tayyip Erdogan has ruled Turkey, he has poured tens of billions of dollars into giant infrastructure projects to cement popular support while he tightened his grip on the country. More:Turkey's Erdogan, trailing in polls, shows off his collection of scissors, Europe News & Top Stories - The Straits Times

Saturday, December 11, 2021

Turkey’s Erdogan says social media a ‘threat to democracy’ | Federal News Network

Turkey’s Erdogan says social media a ‘threat to democracy’ The Associated Press December 11, 2021 10:05 am ISTANBUL (AP) — Turkish President Recep Tayyip Erdogan described social media Saturday as one of the main threats to democracy. Erdogan’s government plans to pursue legislation to criminalize spreading fake news and disinformation online, but critics say the proposed changes would tighten restrictions on free speech. More:Turkey’s Erdogan says social media a ‘threat to democracy’ | Federal News Network

Friday, December 10, 2021

Turkey’s President Follows His Own Advice Even as Economy Slips - The New York Times

Turkey’s President Follows His Own Advice Even as Economy Slips President Recep Tayyip Erdogan is increasingly isolated as he clings to an economic prescription that few endorse but that he believes will bear results before elections. More:Turkey’s President Follows His Own Advice Even as Economy Slips - The New York Times

Thursday, December 09, 2021

Erdoǧan loses his way | The Interpreter

Erdoǧan loses his way WILLIAM GOURLAY As Turkey’s economy falters, its strongman president is falling in the polls – the implications may be far reaching. Once seen as a champion of freedom, Recep Tayyip Erdoǧan’s international reputation has lost its sheen (Adem Altan/AFP via Getty Images) Published 10 Dec 2021 06:00   0 Comments   Turkey     Follow @GourlayWill Some 10 years ago, Time magazine featured Turkey’s then-Prime Minister Recep Tayyip Erdoǧan on its cover. Erdoǧan was riding high. His Justice and Development Party (AKP) had just convincingly won a third general election and internationally he was lauded as a can-do leader. Since the AKP won power in 2002, Erdoǧan had overseen an economic boom, re-invigorated European Union accession talks and, alongside Foreign Minister Ahmet Davutoǧlu, engineered a more active international role for Turkey. More:Erdoǧan loses his way | The Interpreter

Turks wait in line for cheap bread as inflation eats into earnings | Reuters

Turks wait in line for cheap bread as inflation eats into earnings By Mehmet Emin Caliskan and Daren Butler ISTANBUL, Dec 8 (Reuters) - As the lira's plunge in value and surging inflation erode Turks' earnings, many people in Istanbul have taken to waiting in line for the municipality's cheap bread as they scrimp to make small savings in their household budgets. More:Turks wait in line for cheap bread as inflation eats into earnings | Reuters

Wednesday, December 08, 2021

As Turkey's currency drops, some worry the government can't turn things around : NPR

As Turkey's currency drops, some worry the government can't turn things around PETER KENYON Turkey's currency has recently hit record lows in value, driving up prices in the country. But the president's recipe for fixing the problem is the opposite of what economists generally recommend. More:As Turkey's currency drops, some worry the government can't turn things around : NPR

What Would a Post-Erdoğan Turkish Foreign Policy Look Like? - War on the Rocks

WHAT WOULD A POST-ERDOĞAN TURKISH FOREIGN POLICY LOOK LIKE? M. HASIM TEKINESDECEMBER 8, 2021 COMMENTARY Both his admirers and detractors agree that President Recep Tayyip Erdoğan has radically transformed Turkish foreign policy. But, if Erdoğan were to leave power, would Turkey’s approach to the world “normalize” and turn back to its pre-Erdoğan settings? With economic conditions in Turkey worsening, public outrage over the country’s mismanagement mounting, and Erdoğan’s health visibly declining, this question has generated increasing debate. More:What Would a Post-Erdoğan Turkish Foreign Policy Look Like? - War on the Rocks

Tuesday, December 07, 2021

Turkey’s health care workers go on strike - Al-Monitor: The Pulse of the Middle East

Turkey’s health care workers go on strike Left out of a bill that gave doctors a raise, Turkey’s nurses and other health care workers are going on strike as Turkey reports 20,000 daily cases of COVID-19. More:Turkey’s health care workers go on strike - Al-Monitor: The Pulse of the Middle East

Turks in the US mark World Turkish Coffee Day

Turks in the US mark World Turkish Coffee Day World Turkish Coffee Day recognises the cultural significance of Turkish coffee to the world As people around the world celebrate the holiday season, Turks are enjoying their own additional celebration this month. World Turkish Coffee Day, made official by UNESCO on 5 December 2013, recognises the cultural significance of Turkish coffee to the world. More:Turks in the US mark World Turkish Coffee Day

Monday, December 06, 2021

Government critic elected to lead Union of Turkish Bar Associations - Al-Monitor: The Pulse of the Middle East

Government critic elected to lead Union of Turkish Bar Associations Defeating a pro-government incumbent, Ankara Bar Association Chair Erinc Sagkan was elected head of the Union of Turkish Bar Associations on Sunday, pledging to strengthen the rule of law and independence in Turkey’s legal profession. More:Government critic elected to lead Union of Turkish Bar Associations - Al-Monitor: The Pulse of the Middle East

Turkish opposition leader helps shape alliance to challenge Erdogan

Turkish opposition leader helps shape alliance to challenge Erdogan Kemal Kilicdaroglu emboldened by AKP slide in popularity amid economic turmoil More:Turkish opposition leader helps shape alliance to challenge Erdogan

Friday, December 03, 2021

Turkey’s self-inflicted currency meltdown - Asia Times

Turkey’s self-inflicted currency meltdown The Erdogan government’s risky strategy runs counter to most conventional thinking on how to tackle inflation By ALEXANDRA DE CRAMER DECEMBER 3, 2021 In less than a year, the Turkish lira has lost up to 45% of its value against the US dollar. The continued meltdown of the currency is one of the worst economic crises Turkey has ever faced. Yet the government refuses to take a step back from its failing economic policy. More:Turkey’s self-inflicted currency meltdown - Asia Times

Strasbourg issues ultimatum to Turkey for Kavala's release - General news - ANSAMed.it

Strasbourg issues ultimatum to Turkey for Kavala's release Council of Europe urges for release by Feb. 22, or sanctions 03 DECEMBER, 12:21 STRASBOURG - Turkey risks serious sanctions if it does not intervene immediately to release Osman Kavala, the philanthropist and opponent of Turkish President Recep Tayyip Erdogan, as requested by a ruling of the European Court of Human Rights. This ultimatum was launched by the committee of ministers of the Council of Europe that notified to Ankara the intention of opening an infringement procedure if Kavala's case won't be solved by February 22, 2022. More:Strasbourg issues ultimatum to Turkey for Kavala's release - General news - ANSAMed.it

Murder of women in Turkey: Femicide requires harsher sentencing - Qantara.de

Murder of women in Turkey Femicide requires harsher sentencing According to lawyers and women's rights activists, the prison term for the murder of women in Turkey is not long enough. They argue that the brutality of the crime should carry more weight during sentencing – and hope thereby for a deterrent. Burcu Karakas reports More:Murder of women in Turkey: Femicide requires harsher sentencing - Qantara.de

Thursday, December 02, 2021

Turkey cenbank signals new-year rates pause after lira slump | Reuters

Turkey cenbank signals new-year rates pause after lira slump By Ebru Tuncay and Jonathan Spicer ISTANBUL, Dec 2 (Reuters) - Turkey's central bank chief signalled on Thursday that aggressive policy easing would likely pause in January after one more rate cut this month, according to participants on an investor call that came after a historic lira selloff. More:Turkey cenbank signals new-year rates pause after lira slump | Reuters

Wednesday, December 01, 2021

Turkey: Lira slips to record low because of Erdogan - The Jerusalem Post

Turkish lira slips to record low because of Erdogan Recep Tayyip Erdogan interferes in Turkey's monetary policy - with serious consequences for the country's currency. More:Turkey: Lira slips to record low because of Erdogan - The Jerusalem Post

Turkish lira seesaws as cenbank intervenes, Erdogan speaks | Reuters

Turkish lira seesaws as cenbank intervenes, Erdogan speaks By Tuvan Gumrukcu and Ezgi Erkoyun ISTANBUL, Dec 1 (Reuters) - A sharply fluctuating Turkish lira flirted with record lows on Wednesday as the central bank said it had intervened to prop up the currency, while President Tayyip Erdogan reaffirmed his determination to stick with steep rate cuts. More:Turkish lira seesaws as cenbank intervenes, Erdogan speaks | Reuters

Turkish Central Bank intervenes to curb 'unhealthy' lira losses - Al-Monitor: The Pulse of the Middle East

Turkish Central Bank intervenes to curb 'unhealthy' lira losses Amid a sharp slide in the nation’s currency, the Turkish Central Bank announced it would intervene in markets and sell foreign exchange reserves Wednesday to stem volatility in the Turkish lira. More:Turkish Central Bank intervenes to curb 'unhealthy' lira losses - Al-Monitor: The Pulse of the Middle East

Tuesday, November 30, 2021

Turkish lira hits 14 to USD in face of Erdogan's 'dangerous experiment' | Reuters

Turkish lira hits 14 to USD in face of Erdogan's 'dangerous experiment' By Daren Butler and Tuvan Gumrukcu ISTANBUL, Nov 30 (Reuters) - Turkey's lira plunged as low as 14 to the U.S. dollar and hit new lows against the euro on Tuesday, capping a historical month of selling after President Tayyip Erdogan again endorsed aggressive interest rate cuts despite widespread criticism and soaring inflation. More:Turkish lira hits 14 to USD in face of Erdogan's 'dangerous experiment' | Reuters

Turkey's economic confidence index fell 2% MoM in November - Eminetra

Turkey’s economic confidence index fell 2% MoM in November According to the Turkish Institute of Statistics (TurkStat), Turkey’s economic confidence index, which was 101.4 in October, decreased by 2% to 99.3 in November. This decline was due to a decline in the Consumer Confidence Index and the Service Confidence Index, down 7.3% to 71.1 and 0.7% to 119.4, respectively. More:Turkey's economic confidence index fell 2% MoM in November - Eminetra

How Erdogan’s dictatorial economics is fuelling Turkey's inflation, throwing lira off track

How Erdogan’s dictatorial economics is fuelling Turkey’s inflation, throwing lira off track With almost a year left for general elections, Turkish President Recep Tayyip Erdogan’s politics has started hurting its economy. Experts fear it’s not going to end well. More:How Erdogan’s dictatorial economics is fuelling Turkey's inflation, throwing lira off track

‘Our Money Has No Value’: Frustration Rises in Turkey at Lira Crisis - The New York Times

Our Money Has No Value’: Frustration Rises in Turkey at Lira Crisis President Recep Tayyip Erdogan’s insistence on directing monetary policy and sticking with low interest rates is draining confidence, economists say. More:‘Our Money Has No Value’: Frustration Rises in Turkey at Lira Crisis - The New York Times

Murder of women in Turkey: Femicide requires harsher sentencing - Qantara.de

Murder of women in Turkey Femicide requires harsher sentencing According to lawyers and women's rights activists, the prison term for the murder of women in Turkey is not long enough. They argue that the brutality of the crime should carry more weight during sentencing – and hope thereby for a deterrent. Burcu Karakas reports More:Murder of women in Turkey: Femicide requires harsher sentencing - Qantara.de

Turkey is Collateral Damage in Erdoğan’s Hostage Diplomacy

Turkey is Collateral Damage in Erdoğan’s Hostage Diplomacy His erratic policies scare away tourists and foreign capital. Eric Edelman and Aykan Erdemir Mordy and Natalie Oknin, an Israeli couple visiting Istanbul, filmed a video last week to dispel fears among Israelis too scared to visit Turkey. Natalie said, “There is nothing to fear. It is fun in Turkey, safe in Turkey, you can speak Hebrew openly. They love us Israelis.” Her husband added, “Come, everything is okay.” Shortly after, however, the Oknins ended up in solitary confinement for six days on spurious charges of espionage and were able to return home only following backchannel talks between Ankara and Jerusalem. The swift resolution of the latest episode of Turkish President Recep Tayyip Erdoğan’s hostage diplomacy should not gloss over the harm it does to the detained victims and its collateral damage to Turkey. More:Turkey is Collateral Damage in Erdoğan’s Hostage Diplomacy

Sunday, November 28, 2021

Turkey’s Foreign Policy Balancing Act – Analysis – Eurasia Review

Turkey’s Foreign Policy Balancing Act – Analysis November 28, 2021 Emil Avdaliani 0 Comments By Emil Avdaliani It is often claimed that Turkey made a definitive break with the West in the 2000s after the Justice and Development Party (AKP) came to power. The argument is that by changing direction internally, Ankara turned away from what the West was hoping to achieve in terms of its relations with Turkey. More:Turkey’s Foreign Policy Balancing Act – Analysis – Eurasia Review

Turkey’s middle classes abandon Erdogan as rising prices and repression take toll | World | The Sunday Times

Turkey’s middle classes abandon Erdogan as rising prices and repression take toll President is branded ‘out of touch’ by former supporters after two decades dominating Turkish politics, but voters have few alternatives More:Turkey’s middle classes abandon Erdogan as rising prices and repression take toll | World | The Sunday Times

Friday, November 26, 2021

Turkey: Joint Kurdish plan? Turkish opposition hope for election boost - Qantara.de

Joint Kurdish plan? Turkish opposition hope for election boost For the first time in 19 years, polls suggest Turkey's opposition could be on track to defeat President Erdogan at the next election. To boost their appeal to Kurdish voters, politicians are now talking openly about solving the Kurdish issue. But how sincere are they and how realistic their chances of success? Leyla Egeli reports More:Turkey: Joint Kurdish plan? Turkish opposition hope for election boost - Qantara.de

Osman Kavala, prisoner embroiled in Turkey's standoff with West | Reuters

Osman Kavala, prisoner embroiled in Turkey's standoff with West By Daren Butler ISTANBUL, Nov 26 (Reuters) - Philanthropist Osman Kavala, the man dragged into a diplomatic spat between Ankara and its Western allies last month, played a big role developing Turkish civil society before being jailed in 2017 on a charge of seeking to overthrow the government. More:Osman Kavala, prisoner embroiled in Turkey's standoff with West | Reuters

Turkish unrest grows as Erdogan’s ‘economic war’ hits cost of living | Financial Times

Turkish unrest grows as Erdogan’s ‘economic war’ hits cost of living Public patience with president’s policy wears thin as prices soar and ruling party MP suggests people should eat less More:Turkish unrest grows as Erdogan’s ‘economic war’ hits cost of living | Financial Times

Thursday, November 25, 2021

Angry Turks queue for petrol ahead of steep price hikes amid lira crash | Reuters

Angry Turks queue for petrol ahead of steep price hikes amid lira crash Reuters ANKARA/ISTANBUL, Nov 24 (Reuters) - Thousands of angry and exasperated Turks queued at petrol stations on Wednesday ahead of a steep hike in fuel prices after the Turkish lira crashed to record lows following President Tayyip Erdogan's defence of rate cuts. More:Angry Turks queue for petrol ahead of steep price hikes amid lira crash | Reuters

Wednesday, November 24, 2021

Erdogan Has Never Been in This Much Trouble

Erdogan Has Never Been in This Much Trouble Surrounded by rivals amid a collapsing economy, the Turkish president is facing the longest odds of his life. By Steven A. Cook In Turkey, it seems, the chickens are coming home to roost. It has been a terrible few months for the ruling Justice and Development Party (AKP) and President Recep Tayyip Erdogan. Turkey is isolated internationally, the economy continues to deteriorate, there are questions about Erdogan’s health, and his and the AKP’s poll numbers do not look good. To a variety of observers and the Turkish opposition, the AKP’s crack-up is coming. More:Erdogan Has Never Been in This Much Trouble

Turkish lira plunges to a historic low and protests erupt after Erdogan defends rates cuts | Euronews

Turkish lira plunges to a historic low and protests erupt after Erdogan defends rates cuts By Euronews, AP and AFP  •  Updated: 24/11/2021 - 20:51 People in the streets of Istanbul have expressed concern over the Turkish lira plunging to record lows against the dollar on Wednesday, a day after Turkey's president said policymakers had no appetite to hike interest rates in response to the currency's fall. More:Turkish lira plunges to a historic low and protests erupt after Erdogan defends rates cuts | Euronews

Erdogan’s zany monetary experiment is impoverishing Turkey | The Economist

Erdogan’s zany monetary experiment is impoverishing Turkey The Turkish president is at war with the markets Nov 24th 2021 ISTANBUL BY THE END of the month the only food Emer can prepare is plain pasta. Occasionally she goes to bed hungry. “I can’t even afford anchovies,” the retired nurse says outside a vegetable market in Maltepe, a middle-class neighbourhood in Istanbul. She and her two sons have to get by on her monthly pension of 3,000 lira, or about $250. Emer is behind on gas and electricity bills and loan payments. She is not alone. Soaring prices and a plummeting currency are turning the savings and incomes of most Turks to dust. More:Erdogan’s zany monetary experiment is impoverishing Turkey | The Economist

Erdogan’s credibility plunges along with lira - Al-Monitor: The Pulse of the Middle East

Erdogan’s credibility plunges along with lira Turkey’s president has received the lowest grade from consumers in his political career as his controversial economic policy is expected to further fuel inflation in the coming months. More:Erdogan’s credibility plunges along with lira - Al-Monitor: The Pulse of the Middle East

Tuesday, November 23, 2021

Turkish Lira’s Historic Crash: Here’s Why Inflation And Erdogan’s Interest Rate Disdain Have Pummeled Turkey’s Currency

Erdogan’s Interest Rate Disdain Have Pummeled Turkey’s Currency TOPLINE The Turkish lira collapsed to a record-low value Tuesday after President Recep Tayyip Erdogan doubled down on his unorthodox plan to fight rising prices with lower interest rates—fueling concerns that the government’s seeming disregard for runaway inflation could intensify Turkey’s years-long currency troubles. More:Turkish Lira’s Historic Crash: Here’s Why Inflation And Erdogan’s Interest Rate Disdain Have Pummeled Turkey’s Currency

Lira collapse leaves Turks bewildered, opposition angry | Reuters

Lira collapse leaves Turks bewildered, opposition angry By Ece Toksabay and Tuvan Gumrukcu ANKARA, Nov 23 (Reuters) - Anxious Turks struggled to keep up with a bewildering collapse in their currency and the main opposition party leader said the country was experiencing its darkest "catastrophe" as the lira slumped 15% on Tuesday against the dollar. More:Lira collapse leaves Turks bewildered, opposition angry | Reuters

Turkish lira plunges after Erdogan defends rate cuts – WFTV

Turkish lira plunges after Erdogan defends rate cuts ANKARA, Turkey — (AP) — The Turkish currency weakened by some 10% against the U.S. dollar Tuesday, a day after President Recep Tayyip Erdogan insisted there would be no turning back from his unconventional policy of cutting interest rates despite high inflation. More:Turkish lira plunges after Erdogan defends rate cuts – WFTV

Monday, November 22, 2021

Mafia scandal in Turkey : Mafia ties run deep in AKP politics - Qantara.de

Mafia scandal in Turkey Mafia ties run deep in AKP politics Rarely have the links between Turkish politics and organised crime been as apparent as they are at present. Right-wing extremist mafia godfathers from the Grey Wolves are increasingly appearing in government circles. So what's behind all this? Daniel Derya Bellut has the details More:Mafia scandal in Turkey : Mafia ties run deep in AKP politics - Qantara.de

Saturday, November 20, 2021

Doctor Oz Mulls Republican Senate Run in Pennsylvania

Doctor Oz Mulls Republican Senate Run in Pennsylvania By Ed Kilgore Dr. Oz’s next shtick could be “politician.” Photo: Roy Rochlin/Getty Images With Republicans already heavily favored (by history and public-opinion trends) to flip the U.S. House in the 2022 midterms and bust up the Democratic governing trifecta, the bigger drama next year may be over the Senate, where the landscape is significantly more favorable to Democrats thanks to the particular class of senators who are up for reelection, as Cook Political Report’s Jessica Taylor explains: More:Doctor Oz Mulls Republican Senate Run in Pennsylvania

Friday, November 19, 2021

Turkish lira: Risk of spiralling inflation as government seeks growth at any cost | Middle East Eye

Turkish lira: Risk of spiralling inflation as government seeks growth at any cost Warnings that inflation may reach 30 to 40 percent as Central Bank cuts rates yet again in bid to stimulate economy More:Turkish lira: Risk of spiralling inflation as government seeks growth at any cost | Middle East Eye

Turkey Makes the Case for Bitcoin as Erdogan Runs the Autocrat’s Inflation Playbook

Turkey Makes the Case for Bitcoin as Erdogan Runs the Autocrat’s Inflation Playbook David Z. Morris Fri, November 19, 2021, 12:27 PM·3 min read Bitcoin trading volumes are rising in Turkey as the increasingly authoritarian government there goes diligently about the work of setting its currency, the lira, on fire. More:Turkey Makes the Case for Bitcoin as Erdogan Runs the Autocrat’s Inflation Playbook

Voters are last brake on Turkey’s lunatic express | Nasdaq

Voters are last brake on Turkey’s lunatic express CONTRIBUTOR Dasha Afanasieva Reuters LONDON (Reuters Breakingviews) - The global struggle against rising prices has nothing on Turkey. Despite inflation of almost 20%, the central bank slashed its main interest rate to 15% on Thursday, the day after President Tayyip Erdogan, nicknamed The Chief, pledged to pursue this unorthodox campaign against high borrowing costs “to the end”. With few other checks on an increasingly autocratic ruler, voters might be the last chance of restoring monetary sanity. More:Voters are last brake on Turkey’s lunatic express | Nasdaq

Thursday, November 18, 2021

Erdogan lost in foreign policy maze of his own making - Al-Monitor: The Pulse of the Middle East

Erdogan lost in foreign policy maze of his own making As talk of early elections grows louder, Erdogan needs to steer Turkey out of its international isolation to bolster his weakened position at home. More:Erdogan lost in foreign policy maze of his own making - Al-Monitor: The Pulse of the Middle East

Flickering screens at Istanbul bazaar show lira's turbulent fall | Reuters

Flickering screens at Istanbul bazaar show lira's turbulent fall By Bulent Usta ISTANBUL, Nov 18 (Reuters) - At the foreign exchange offices outside Istanbul's Grand Bazaar, the flashing red lights showing the movement of Turkey's turbulent lira flickered constantly on Thursday as prices fluctuated wildly and plunged to a fresh record low. More:Flickering screens at Istanbul bazaar show lira's turbulent fall | Reuters

Opposition leaders call for an urgent snap election in Turkey - english

Opposition leaders call for an urgent snap election in Turkey Main opposition CHP Chair Kılıçdaroğlu and İYİ Party Chair Akşener held a joint press conference and urged President and AKP Chair Erdoğan to call elections immediately. More:Opposition leaders call for an urgent snap election in Turkey - english

Stocks shine once again, Turkey's lira plunges on rate cut | Reuters

Stocks shine once again, Turkey's lira plunges on rate cut By Marc Jones and Tom Westbrook LONDON/SYDNEY, Nov 18 (Reuters) - Wall Street was tipped for a firmer open on Thursday after the German and French bourses rose to record highs despite big falls in energy stocks, while the day's big loser was the Turkish lira following a 100 basis-point interest rate cut. More:Stocks shine once again, Turkey's lira plunges on rate cut | Reuters

Tuesday, November 16, 2021

‘We don’t deserve this’: Inflation hits Turkish people hard | Federal News Network

‘We don’t deserve this’: Inflation hits Turkish people hard MEHMET GUZEL and SUZAN FRASER November 16, 2021 10:01 am ISTANBUL (AP) — Market-stand owner Kadriye Dogru makes do with stale, sesame-covered bagels, known as simit, for lunch these days. The widowed mother of two says she goes without lunch so she can put food on the table for her family later in the day. More:‘We don’t deserve this’: Inflation hits Turkish people hard | Federal News Network

61 percent of young want to emigrate from Turkey ‘to live in a better society' - english

61 percent of young want to emigrate from Turkey ‘to live in a better society' According to the survey of the İstanbul Economics Research, 66 percent of the young prefer participatory democracy while 22 percent “do not feel close to political parties” and do not think that “elections are functional.” More:61 percent of young want to emigrate from Turkey ‘to live in a better society' - english

TikTok: A Hit with Turkey’s Working Class - Transitions

TikTok: A Hit with Turkey’s Working Class by Emel Altay 15 Nov 2021 TikTok's Labor Cinema Unlike other social media, the app is giving a window into the lives of laborers in factories, on farms, in textile workshops, and elsewhere. More:TikTok: A Hit with Turkey’s Working Class - Transitions

Sunday, November 14, 2021

Erdogan Becoming A Liability For Turkey — Greek City Times

Erdogan Becoming a Liability for Turkey by GUEST CONTRIBUTOR Last month Turkey made it into the grey list of the Financial Action Task Force (FATF), the global money laundering and terrorist financing watchdog headquartered in Paris. Turkey now joins its close ally Pakistan in FATF’s crosshairs. Surprisingly Turkey becomes the largest economy to be included in this list. The FATF listing for Ankara comes on the back of a shaking economy being jolted by the Covid-19 pandemic. And also when Turkey’s geopolitical stature being weakened further by pursuing a ‘punch-above-the-weight’ foreign policy. Where President Erdogan wishes to expand Turkish economic, political, and military influence into the former regions of the Ottoman empire. Erdogan’s dream of reviving the Ottoman caliphate stems from an idealistic outlook on the splendor of the Ottoman Empire and its extensive capability to influence the political dynamics of two continents i.e. Europe and Asia. More:Erdogan Becoming A Liability For Turkey — Greek City Times

Friday, November 12, 2021

The new Ataturk Cultural Center in Istanbul: Turkey's second modern age - Qantara.de

The new Ataturk Cultural Center in Istanbul Turkey's second modern age Between Ataturk's republican utopia and Erdogan's 21st century Islam: the newly built AKM Cultural Center in Istanbul. By Tomas Avenarius More:The new Ataturk Cultural Center in Istanbul: Turkey's second modern age - Qantara.de

Thursday, November 11, 2021

Turkish cenbank to cut policy rate to 15%, as lira hits record lows | Reuters

Turkish cenbank to cut policy rate to 15%, as lira hits record lows By Ali Kucukgocmen ISTANBUL, Nov 11 (Reuters) - Turkey's central bank is expected to cut its policy rate by 100 basis points to 15% next week, a Reuters poll showed on Thursday, continuing an easing cycle despite rising inflation and a currency that has sunk to record lows. More:Turkish cenbank to cut policy rate to 15%, as lira hits record lows | Reuters

Turkish Airlines denies fueling Belarus-Poland migration crisis - Al-Monitor: The Pulse of the Middle East

Turkish Airlines denies fueling Belarus-Poland migration crisis After EU officials threatened to blacklist airlines facilitating travel for asylum-seekers amassing at the Poland-Belarus border, Turkish Airlines denied links to the bloc’s latest migration crisis. More:Turkish Airlines denies fueling Belarus-Poland migration crisis - Al-Monitor: The Pulse of the Middle East

Wednesday, November 10, 2021

21 survive Turkey building collapse with no deaths | ABS-CBN News

21 survive Turkey building collapse with no deaths Remi Banet, Agence France-Presse Posted at Nov 10 2021 02:32 PM ISTANBUL—Twenty-one people survived being buried under heavy debris when a 2-storey building collapsed in eastern Turkey, the government said, with no fatalities reported as search operations ended early Wednesday. More:21 survive Turkey building collapse with no deaths | ABS-CBN News

Tuesday, November 09, 2021

Lira’s Value Drop Takes Toll on Drugs Import From Painkillers to Cancer Therapy - Bloomberg

Lira’s Slump Leaves Turks Searching for Hard-to-Find Medicines By Firat Kozok +Follow November 9, 2021, 1:22 PM GMT+3 Turkish patients are finding it increasingly difficult to access key drugs, with producers blaming the shortages on an inflexible pricing system for medicines that exposes them to losses from the lira’s swift decline. More:Lira’s Value Drop Takes Toll on Drugs Import From Painkillers to Cancer Therapy - Bloomberg

Turkey: Erdogan looks in the mirror of Atatürk | International - Market Research Telecast

Turkey: Erdogan looks in the mirror of Atatürk | International BY MRT ON NOVEMBER 9, 2021 “This monument is the best photograph of the old and the new Turkey,” thundered President Recep Tayyip Erdogan at the inauguration of the new Atatürk Cultural Center (AKM for its acronym in Turkish) on October 29, Republic Day in Turkey. . The old AKM was “the symbol of the decrepit face of the old Turkey”, and now, after overcoming “numerous obstacles” until it was demolished and later reconstructed, its new version symbolizes the new Turkey. erdoganista. The rally air of the speech might seem untimely as the opening act of a building dedicated to the performing arts and as a prologue to the opera that was going to be performed. But if art is always political – because of what it says or because of what it is silent – in Turkey it is even more so. More:Turkey: Erdogan looks in the mirror of Atatürk | International - Market Research Telecast

Paris Agreement to take effect in Turkey on Nov. 10 | Daily Sabah

Paris Agreement to take effect in Turkey on Nov. 10 BY ANADOLU AGENCY The Paris Agreement will enter into force in Turkey on Nov. 10 with the aim of boosting the country’s international standing in the fight against climate change. More:Paris Agreement to take effect in Turkey on Nov. 10 | Daily Sabah

Turkish Airlines risks EU ban over Poland border crisis

Turkish Airlines risks EU ban over Poland border crisis Turkish Airlines flying twice a day to Minsk, airport data showed (Photo: Eric Johnston) By NIKOLAJ NIELSEN AND ANDREW RETTMAN Turkish Airlines and FlyDubai could be banned in the EU for flying migrants to Belarus after an attack on the Polish border blew up into an international incident. More:Turkish Airlines risks EU ban over Poland border crisis

Friday, November 05, 2021

Paris climate accords to take effect in Turkey next week - Al-Monitor: The Pulse of the Middle East

Paris climate accords to take effect in Turkey next week Turkey was relatively late to implement the global climate agreement, but President Erdogan felt compelled to do so following severe wildfires and floods this year. More:Paris climate accords to take effect in Turkey next week - Al-Monitor: The Pulse of the Middle East

Sixty years of Turkish “guest workers” in Germany | The Economist

Sixty years of Turkish “guest workers” in Germany More are integrated, but two-thirds of adults are not German citizens Nov 6th 2021 COLOGNE AND DÜSSELDORF It was not poverty or ambition that drew Irfan Demirbilek to Germany from Turkey in 1968, but the lure of its splendid cars. Spotting a queue outside an employment office in Istanbul one day, Mr Demirbilek, an electrician who had long dreamed of having his own wheels, decided to join them in applying to work in West Germany. The countries had signed a “guest-worker” deal in 1961, and a brief spell earning Deutschmarks would suffice for an Opel or vw Beetle. A few months later Mr Demirbilek was on a three-day train to Cologne, his head full of excitement and apprehension. More:Sixty years of Turkish “guest workers” in Germany | The Economist

Wednesday, November 03, 2021

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Turkish Prices Keep Soaring as Central Bank Looks the Other Way - BNN Bloomberg

Turkish Prices Keep Soaring as Central Bank Looks the Other Way Cagan Koc, Bloomberg News Turkish inflation probably accelerated for a fifth month in October but surging prices alone won’t rule out further interest-rate cuts later this year after the central bank ditched its guidance under pressure from the president. More:Turkish Prices Keep Soaring as Central Bank Looks the Other Way - BNN Bloomberg

Tuesday, November 02, 2021

Legal ambiguity becomes the norm in Erdogan’s Turkey - Al-Monitor: The Pulse of the Middle East

Legal ambiguity becomes the norm in Erdogan’s Turkey Recent comments by top Turkish officials promoting disregard for some laws has activists, opposition figures and journalists concerned that they alone will be the ones subject to restrictions and regulations, with AKP supporters given leeway. More:Legal ambiguity becomes the norm in Erdogan’s Turkey - Al-Monitor: The Pulse of the Middle East