Wednesday, March 31, 2021

Turkey extends withholding tax cut for bank deposits - official gazette | Reuters

Turkey extends withholding tax cut for bank deposits - official gazette By Reuters Staff ISTANBUL (Reuters) - Turkey extended a cut in withholding tax on bank deposits until the end of May, a decision published on the official gazette said on Thursday. More:Turkey extends withholding tax cut for bank deposits - official gazette | Reuters

Cocaine video scandal deals blow to Turkey's ruling party - Al Monitor: The Pulse of the Middle East

Cocaine video scandal deals blow to Turkey's ruling party A video that emerged of a member of Turkey's ruling AKP doing cocaine has stirred controversy, but it remains to be seen if the damage will be lasting. More:Cocaine video scandal deals blow to Turkey's ruling party - Al Monitor: The Pulse of the Middle East

Crisis-hit Turkey risks disastrous foreign investor flight - Al Monitor: The Pulse of the Middle East

Crisis-hit Turkey risks disastrous foreign investor flight Erdogan’s interference with the central bank is badly damaging foreign investor confidence in Turkey, threatening hard-currency crunches that could send the Turkish lira to new lows. More:Crisis-hit Turkey risks disastrous foreign investor flight - Al Monitor: The Pulse of the Middle East

Central bank policy zigzags leave Turkey’s small businesses struggling | Financial Times

Central bank policy zigzags leave Turkey’s small businesses struggling Rate rises were painful for indebted companies that are bedrock of Erdogan’s political support More:Central bank policy zigzags leave Turkey’s small businesses struggling | Financial Times

Tuesday, March 30, 2021

Turkish Germans are finally finding their voice - Prospect Magazine

Turkish Germans are finally finding their voice Sixty years after Germany opened up a temporary guest-worker programme for Turks the younger generation is still struggling to find its place More:Turkish Germans are finally finding their voice - Prospect Magazine

Political turbulence in Turkey: Erdogan under pressure - Qantara.de

Political turbulence in Turkey Erdogan under pressure The economy in crisis, approval ratings at an all-time low, rising tension within government ranks: Turkish President Recep Tayyip Erdogan is currently under massive pressure. Nevertheless, the USA and the EU seem to be coming to his rescue. By Marion Sendker in Istanbul More:Political turbulence in Turkey: Erdogan under pressure - Qantara.de

Monday, March 29, 2021

Turkey's Erdogan repeats call for citizens to convert forex, gold holdings | Reuters

Turkey's Erdogan repeats call for citizens to convert forex, gold holdings By Reuters Staff ANKARA (Reuters) - Turkish President Tayyip Erdogan called on Turks to convert their foreign exchange and gold holdings through financial institutions as a “win-win” strategy for the country and themselves, after an overhaul of the central bank sent the lira down nearly 12% in a week. More:Turkey's Erdogan repeats call for citizens to convert forex, gold holdings | Reuters

Turkey tightens coronavirus measures, brings back weekend lockdowns: Erdogan | The Mighty 790 KFGO | KFGO

Turkey tightens coronavirus measures, brings back weekend lockdowns: Erdogan Fargo, ND, USA / The Mighty 790 KFGO | KFGO Thomson Reuters Mar 29, 2021 1:38 PM ANKARA (Reuters) - Turkish President Tayyip Erdogan announced tighter measures against the coronavirus on Monday, citing the rising number of high-risk cities across the country. More:Turkey tightens coronavirus measures, brings back weekend lockdowns: Erdogan | The Mighty 790 KFGO | KFGO

European Union chiefs to visit Turkey on April 6, World News | wionews.com

European Union chiefs to visit Turkey on April 6 WION Web Team Brussels, Belgium Published: Mar 29, 2021, 05.50 PM(IST) The EU threatened sanctions on Ankara over a row between Turkey and EU member Greece last year over maritime jurisdiction in the eastern Mediterranean but halted the plans after a more constructive tone from Erdogan EU chiefs Charles Michel and Ursula von der Leyen will travel to Turkey on April 6 for a meeting with President Recep Tayyip Erdogan, an EU spokesman said Monday. More:European Union chiefs to visit Turkey on April 6, World News | wionews.com

Turkey to reimpose curfews after new COVID-19 cases double - Al Monitor: The Pulse of the Middle East

Turkey to reimpose curfews after new COVID-19 cases double Putting normalization efforts on hold, Turkish officials will reimpose weekend curfews after the rate of new COVID-19 cases doubled in recent weeks. More:Turkey to reimpose curfews after new COVID-19 cases double - Al Monitor: The Pulse of the Middle East

Saturday, March 27, 2021

Autocratic Erdogan running out of bridges to burn

Autocratic Erdogan running out of bridges to burn Beyond his religious base, the Turkish president’s appeal seems to be shrinking about 15 hours ago Patrick Smyth   “Turkey has always done things its own way: building bridges one moment, bridgeheads the next,” a recent International Crisis Group paper observed. And, true to form, Recep Tayyip Erdogan, the country’s autocratic president, has again been sending out mixed messages to his people and international allies. More:Autocratic Erdogan running out of bridges to burn

Friday, March 26, 2021

Turkish delivery firm Getir raises $300 million for expansion - CEO | Reuters

Turkish delivery firm Getir raises $300 million for expansion - CEO By Reuters Staff ISTANBUL (Reuters) - Turkish rapid delivery company Getir said on Friday it had raised $300 million for international expansion in a funding round valuing the company at $2.6 billion. More:Turkish delivery firm Getir raises $300 million for expansion - CEO | Reuters

Thursday, March 25, 2021

Erdogan’s own goal - A debacle at Turkey’s central bank | Europe | The Economist

A debacle at Turkey’s central bank Firing yet another central-bank governor was a serious mistake Aweek ago Turkey seemed poised to become this year’s emerging-market success story. Foreign investors were pouring back, lured by high interest rates. The central bank sounded serious about taming inflation. The lira was outperforming most of its peers. The economy could look forward to a year of strong growth. More:Erdogan’s own goal - A debacle at Turkey’s central bank | Europe | The Economist

Did Erdogan commit economic suicide by sacking central bank chief? - Al Monitor: The Pulse of the Middle East

Did Erdogan commit economic suicide by sacking central bank chief? The predicaments of Turkey’s cash-strapped central bank augur a highly challenging period for Erdogan while reducing the visibility range in Turkey’s economy to almost zero. More:Did Erdogan commit economic suicide by sacking central bank chief? - Al Monitor: The Pulse of the Middle East

Wednesday, March 24, 2021

Turkey: Erdoğan's decision to pull out of Istanbul Convention has put him in opposition to women

Turkey: Erdoğan’s decision to pull out of Istanbul Convention has put him in opposition to women March 24, 2021 3.35pm EDT Authors Devran Gulel Doctoral Candidate, University of Portsmouth Leïla Choukroune Professor of International Law and Director of the University Research and Innovation Theme in Democratic Citizenship, University of Portsmouth In a single-paragraph statement issued at around 2am on March 20, Turkey’s president Recep Tayyip Erdoğan pulled his country out of the Council of Europe’s Convention on Preventing and C More:Turkey: Erdoğan's decision to pull out of Istanbul Convention has put him in opposition to women

Erdogan’s tantrum is a sign of weakness | Financial Times

Erdogan’s tantrum is a sign of weakness Sudden reversals demonstrate the Turkish president’s lack of coherent policy DAVID GARDNER Early last Saturday morning, Recep Tayyip Erdogan, Turkey’s imperious president, had a Donald Trump moment. Instead of one of the former US president’s Twitter tantrums, Erdogan issued decrees. The first, firing the central bank governor, could amount to economic suicide. The second, withdrawing from a treaty to prevent violence against women that Turkey was the first to sign a decade ago, threatens to bury the remnants of the country’s reputation as a democracy that protects all its citizens. More:Erdogan’s tantrum is a sign of weakness | Financial Times

The tragedy of Erdogan’s economic mismanagement | Financial Times

The tragedy of Erdogan’s economic mismanagement End of brief shift towards economic orthodoxy leaves Turkey vulnerable It is no surprise that a leopard cannot change its spots, it was only a shock that the reversion to type happened so quickly. Turkey’s president Recep Tayyip Erdogan has quashed the country’s brief attempts to move the economy towards an orthodox response — raising interest rates — to address its sizeable current account deficit and tame inflation. This erratic and heavy-handed leadership leaves the country even more vulnerable to a potential shift to higher global interest rates. More:The tragedy of Erdogan’s economic mismanagement | Financial Times

Opposition blames Erdogan for lira plunge after bank chief sacking | Reuters

Opposition blames Erdogan for lira plunge after bank chief sacking By Tuvan Gumrukcu, Daren Butler ANKARA (Reuters) - Turkey’s opposition has accused President Tayyip Erdogan of “unprecedented incompetence” for causing a plunge in the value of the Turkish lira by firing the central bank governor for raising interest rates. More:Opposition blames Erdogan for lira plunge after bank chief sacking | Reuters

Erdogan under fire for packed congress despite virus surge - ABC News

Erdogan under fire for packed congress despite virus surge Turkish President Recep Tayyip Erdogan has come under criticism for holding his party’s congress inside a packed sports complex amid a new surge of COVID-19 cases More:Erdogan under fire for packed congress despite virus surge - ABC News

Turkey’s fertility rate outpaces 27 EU member-states

Turkey’s fertility rate outpaces 27 EU member-states Turkey reports higher fertility rate than EU member countries, where the total fertility rate stood at 1.53 births per woman in 2019, according to data released by Eurostat. More:Turkey’s fertility rate outpaces 27 EU member-states

Saturday, March 20, 2021

Turkish German vaccine pioneers receive Germany’s highest award | Daily Sabah

Turkish German vaccine pioneers receive Germany’s highest award BY DAILY SABAH WITH AGENCIES ISTANBUL DIASPORA MAR 19, 2021 3:43 PM GMT+3 Germany’s leaders on Friday handed the country’s highest award, The Knight Commander’s Cross of Order of Merit, to Uğur Şahin and Özlem Türeci, the married couple of Turkish descent who drew global praise for the innovative COVID-19 vaccine they developed. More:Turkish German vaccine pioneers receive Germany’s highest award | Daily Sabah

Friday, March 19, 2021

Erdogan ousts Turkey central bank governor in shock move | Financial Times

Erdogan ousts Turkey central bank governor in shock move Naci Agbal had lifted interest rates to rescue lira since taking charge in November More:Erdogan ousts Turkey central bank governor in shock move | Financial Times

Turkey's Erdogan quits European treaty on violence against women

Turkey's Erdogan quits European treaty on violence against women Middle East & Africa Reuters Staff ANKARA (Reuters) - President Tayyip Erdogan pulled Turkey out of an international accord designed to protect women, the country’s official gazette said on Saturday, despite calls from campaigners who see the pact as key to combating rising domestic violence. The Council of Europe accord, forged in Istanbul, pledged to prevent, prosecute and eliminate domestic violence and promote equality. Turkey, which signed the accord in 2011, saw a rise in femicides last year. More:Turkey's Erdogan quits European treaty on violence against women

Germany honors Turkish-German scientists developing vaccine - Turkey News

Germany honors Turkish-German scientists developing vaccine BERLIN-Anadolu Agency Germany’s president conferred Turkish scientists ur Uğur Şahin and Özlem Türeci with the country’s highest award on Friday for inventing the world’s first effective vaccine against COVID-19. More:Germany honors Turkish-German scientists developing vaccine - Turkey News

Thursday, March 18, 2021

Charlemagne - How the British became the new Turks | Europe | The Economist

How the British became the new Turks A big neighbour that bashes Europe at every opportunity Mar 20th 2021 Life in brussels has become all too exciting for British diplomats. Before Brexit, they needed the patience to haggle over boring, intricate policy. Now they find a knack for bellicosity more useful. Since completing its departure from the eu at the start of the year, the British government has launched into scraps with its erstwhile colleagues. It began by refusing to offer ambassadorial status to the eu’s man in London. It then unilaterally overrode parts of its agreement on Northern Ireland, sparking apoplexy at the European Commission, which accused it of breaking international law. As a backdrop, British mps accuse their European peers of vaccine nationalism, after the eu brought in export controls on jabs made in the bloc. Allegations of hypocrisy and even malevolence zip between London and Brussels like a grumpy Eurostar. More:Charlemagne - How the British became the new Turks | Europe | The Economist

Wednesday, March 17, 2021

Lira Weakness Driven by U.S. Growth, Erdogan Comments: Chart - Bloomberg

Lira Weakness Driven by U.S. Growth, Erdogan Comments By Ziad Daoud March 17, 2021, 3:55 AM EDT The Turkish lira has been depreciating since mid-February, reversing a trend that started in November. The weakness is mostly driven by stronger U.S. growth, Bloomberg Economics analysis shows, but recent remarks from President Recep Tayyip Erdogan haven’t helped. The former contributed 4.9 percentage points to the lira’s year-to-date depreciation, while a turn in sentiment coinciding with Erdogan’s comments contributed 2.3 percentage points to the currency’s weakening. More:Lira Weakness Driven by U.S. Growth, Erdogan Comments: Chart - Bloomberg

What happened to the Syrian refugees who got stuck in Turkey? | World news | The Guardian

What happened to the Syrian refugees who got stuck in Turkey? Syrian families outside a Syrian grill on Inonu Street in Gaziantep, Turkey. Photograph: Ozan Köse/AFP/Getty Images Gaziantep, in southern Turkey, is home to about half a million Syrian refugees, many of whom had hoped to make it Europe by Bethan McKernan in Istanbul and Hussein Akoush in Gaziantep Wed 17 Mar 2021 01.00 EDTLast modified on Wed 17 Mar 2021 01.03 EDT The first to arrive at Gaziantep’s Irani Bazaar are the bakers, lighting their saj grills before the sun comes up to make Syrian flatbread for the day’s customers. The smell of sesame and fresh unleavened bread fills the neighbourhood in the Anatolian city by the time the street’s other traders arrive to open their shops. More:What happened to the Syrian refugees who got stuck in Turkey? | World news | The Guardian

Monday, March 15, 2021

Women's history month: Celebrating the courageous women of Turkey | Daily Sabah

Women's history month: Celebrating the courageous women of Turkey BY LEYLA YVONNE ERGIL EXPAT CORNER MAR 15, 2021 2:35 PM GMT+3 Although Turkey has many inspiring and influential women for new generations to look up to, here are the stories of eight stellar examples who galvanized women working in a variety of fields with their legacies More:Women's history month: Celebrating the courageous women of Turkey | Daily Sabah

Saturday, March 13, 2021

Turks grapple with poverty as inflation bites

Turks grapple with poverty as inflation bites Ankara: Gulay Avsar is a regular at a market in Ankara´s old town, where prices are more reasonable than most other places around the Turkish capital. But even here she struggles to fill her basket with staples such as cheese and olive oil, which seem to grow more expensive by the day. More:Turks grapple with poverty as inflation bites

Erdogan pledges to rein in spending as part of Turkey’s economic reset | Financial Times

Erdogan pledges to rein in spending as part of Turkey’s economic reset President seeks to bring inflation rate below 10 per cent and rebuild credibility after years of turbulence More:Erdogan pledges to rein in spending as part of Turkey’s economic reset | Financial Times

Turkey's Erdogan unveils economic plan | Jordan Times

Turkey's Erdogan unveils economic plan By AFP - Mar 13,2021 - Last updated at Mar 13,2021 ISTANBUL — Turkish President Recep Tayyip Erdogan on Friday unveiled a long-promised economic reform package that he hopes will boost the confidence of skittish foreign investors and temper inflation while boosting trade. More:Turkey's Erdogan unveils economic plan | Jordan Times

Erdogan's party is trying to ban government funding for new parties - Asume Tech

Erdogan’s party is trying to ban government funding for new parties By Editorial Team March 13, 2021 Turkey’s ruling Justice and Development Party (AKP) plans to end the funding that the government is distributing from the country’s budget to all parties represented in parliament and cut them directly from the parties formed in the past two years, targeting two former Allies of President Recep Tayyip Erdogan who left their party months before it was founded. Two new parties. More:Erdogan's party is trying to ban government funding for new parties - Asume Tech

Thursday, March 11, 2021

Erdogan to pitch Turkey's 'bitter' economic reforms to sceptics | Reuters

Erdogan to pitch Turkey's 'bitter' economic reforms to sceptics By Jonathan Spicer ISTANBUL (Reuters) - President Tayyip Erdogan will attempt on Friday to make good on his pledge of a new economic era for Turkey, with a package of reforms that he says will tackle chronically high inflation, currency depreciation and financial instability. More:Erdogan to pitch Turkey's 'bitter' economic reforms to sceptics | Reuters

Democracy in Turkey - A coup of 60 years ago still casts a shadow over Turkish politics | Books & arts | The Economist

A coup of 60 years ago still casts a shadow over Turkish politics The fate of Adnan Menderes haunts the country—and its current president Mar 13th 2021 ISTANBUL About ten kilometres from Istanbul’s southern shore, beyond the better-known Princes’ Islands that were home to exiled Byzantine royals, a cluster of concrete walls rises from the Marmara Sea. Yassiada was once a solemn and neglected place, with a handful of decaying, overgrown buildings. A few years ago Turkey’s authorities chopped down most of the trees to make room for a convention centre, a mosque, a hotel—and a museum. Its highlights include a replica courtroom and mechanical wax figures of judges, prosecutors and the island’s most famous prisoner, Adnan Menderes. More:Democracy in Turkey - A coup of 60 years ago still casts a shadow over Turkish politics | Books & arts | The Economist

Wednesday, March 10, 2021

Turkey's Erdogan Moves to Shutter Pro-Kurdish HDP

Erdogan’s Last-Ditch Power Play Turkey’s president cracks down on a major pro-Kurdish opposition party. More:Turkey's Erdogan Moves to Shutter Pro-Kurdish HDP

Tuesday, March 09, 2021

International Women's Day: Fatma Aliye, pioneering women's rights under the Ottomans - Qantara.de

Fatma Aliye, pioneering women's rights under the Ottomans The fight for women's rights around the world continues. Fatma Aliye, Turkey's first female novelist and a pioneer of women's rights in the Ottoman Empire, is a figure who deserves greater recognition. By Canan Topcu More:International Women's Day: Fatma Aliye, pioneering women's rights under the Ottomans - Qantara.de

Friday, March 05, 2021

John Bolton on Halkbank: “Trump Wanted To Make an Impression on Erdoğan” - DER SPIEGEL

Former U.S. National Security Adviser Bolton “Trump Wanted To Make an Impression on Erdoğan” In an interview with DER SPIEGEL, former U.S. National Security Adviser John Bolton discusses the case against Turkey’s Halkbank, which has been accused of helping Iran circumvent American sanctions. He says Donald Trump and Turkish President Erdoğan were in close contact about the issue. More:John Bolton on Halkbank: “Trump Wanted To Make an Impression on Erdoğan” - DER SPIEGEL

Erdogan's Erratic Rule Presents a Risk to the World | Time

How Erdogan's Increasingly Erratic Rule in Turkey Presents a Risk to the World BY IAN BREMMER MARCH 4, 2021 11:38 AM EST Over the past 18 years, Recep Tayyip Erdogan has consolidated more power than any leader since Mustafa Kemal Ataturk, the founder of modern Turkey. He has transformed Turkey’s politics, faced down a military coup, and rewritten the country’s constitution to give his presidency additional power. But his combative style and autocratic instincts have earned him critics at home and abroad. His biggest political problem at the moment is economic: unemployment stands near 14%, inflation remains in double digits, and the pandemic grinds on. More:Erdogan's Erratic Rule Presents a Risk to the World | Time

Thursday, March 04, 2021

Military helicopter crash in southeast Turkey kills 11 | Military News | Al Jazeera

Military helicopter crash in southeast Turkey kills 11 A lieutenant general among the dead after in an army helicopter crash in southeast Turkey that left two others wounded. 4 Mar 2021 An army helicopter crashed in southeast Turkey on Thursday, killing 11 military personnel and injuring two others, the defence ministry said. More:Military helicopter crash in southeast Turkey kills 11 | Military News | Al Jazeera

Wednesday, March 03, 2021

Turkey Is No Longer a Safe Haven for the Uyghurs

Why Erdogan Has Abandoned the Uyghurs As Ankara grows more economically dependent on Beijing, the Turkish government is no longer offering a safe haven or defending Uyghur rights. More:Turkey Is No Longer a Safe Haven for the Uyghurs

Turkey's Erdogan pledges stronger rights and freedoms, critics unimpressed | Reuters

Turkey's Erdogan pledges stronger rights and freedoms, critics unimpressed By Ali Kucukgocmen, Tuvan Gumrukcu ANKARA (Reuters) - President Tayyip Erdogan said on Tuesday his government would strengthen rights to a fair trial and freedom of expression in Turkey under an “action plan” that critics said failed to address real concerns about an erosion of human rights. More:Turkey's Erdogan pledges stronger rights and freedoms, critics unimpressed | Reuters

Turkey's reopening relieves restaurants but worries doctors | Reuters

Turkey's reopening relieves restaurants but worries doctors By Canan Sevgili, Daren Butler ISTANBUL (Reuters) - Turkish restaurants reopened and many children returned to school on Tuesday after the government announced steps to ease COVID-19 restrictions even as cases edged higher, raising concerns among the top medical association. More:Turkey's reopening relieves restaurants but worries doctors | Reuters

With poll support dropping, Erdogan's party looks to change Turkish relection law: officials | Reuters

With poll support dropping, Erdogan's party looks to change Turkish relection law: officials By Orhan Coskun, Birsen Altayli ANKARA (Reuters) - With its support in polls dropping, Turkish President Tayyip Erdogan’s AK Party is considering changes to electoral laws which could rescue its prospects in elections due to be held by 2023, three AK Party officials say. More:With poll support dropping, Erdogan's party looks to change Turkish relection law: officials | Reuters

Monday, March 01, 2021

Turkey emerges from COVID-19-hit 2020 with 1.8% economic growth | Reuters

Turkey emerges from COVID-19-hit 2020 with 1.8% economic growth By Ali Kucukgocmen ISTANBUL (Reuters) - Turkey's economy grew 5.9% in the fourth quarter tmsnrt.rs/3dVombP and 1.8% in 2020 as a whole, annual data showed on Monday, emerging as one of only a few globally to avoid a contraction due to the coronavirus pandemic. More:Turkey emerges from COVID-19-hit 2020 with 1.8% economic growth | Reuters