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Wednesday, November 30, 2016

Weakened by widening purges, Turkey's lira set for worst month since 2008 | Daily Mail Online

Weakened by widening purges, Turkey's lira set for worst month since 2008

By Reuters

By Orhan Coskun and Nevzat Devranoglu

ANKARA, Nov 30 (Reuters) - As a proxy for investor sentiment, Turkey's lira has been unequivocal in November: the currency is set for its worst month since the 2008 financial crisis, hit by a resurgent U.S. dollar, and concern about a widening crackdown after a failed coup.

More:Weakened by widening purges, Turkey's lira set for worst month since 2008 | Daily Mail Online

Dutch foreign minister 'will argue' for a freeze on accession talks with Turkey - DutchNews.nl

Dutch foreign minister ‘will argue’ for a freeze on accession talks with Turkey
Europe
November 30, 2016

Bert KoendersDutch foreign minister Bert Koenders has told parliament he is prepared to argue in favour of temporarily suspending talks with Turkey about EU membership following pressure from MPs.

More:Dutch foreign minister 'will argue' for a freeze on accession talks with Turkey - DutchNews.nl

Turkey’s Islamist president is embracing Donald Trump | The Economist

Turkey’s Islamist president is embracing Donald Trump
But Recep Tayyip Erdogan’s enthusiasm may not last long
Nov 30th 2016 | Istanbul | Europe

IN JUNE, a few months after Donald Trump, then a candidate for the Republican nomination, called for a ban on Muslim immigration, Turkey’s Islamist leader objected. President Recep Tayyip Erdogan demanded that Mr Trump’s name be removed from Trump Towers in Istanbul. “The ones who put that brand on their building should remove it immediately,” he said.

More:Turkey’s Islamist president is embracing Donald Trump | The Economist

Plunge in lira amplifies Turkey economy fears | New Straits Times | Malaysia General Business Sports and Lifestyle News

Plunge in lira amplifies Turkey economy fears
By AFP - 30 November 2016 @ 11:38 AM

ISTANBUL: Will it ever end? Turks have over the past three months nervously watched the steady decline in value of the Turkish lira against the dollar, seeing it haemorrhage more than 10 percent in the past month alone.

More:Plunge in lira amplifies Turkey economy fears | New Straits Times | Malaysia General Business Sports and Lifestyle News

How Turkey’s Erdogan played Europe - and won - Opinion - Israel News | Haaretz.com

How Turkey’s Erdogan Played Europe - and Won

For years, the EU believed talks with Turkey over membership granted them leverage to curb its descent into authoritarianism. That was a European delusion.

More:How Turkey’s Erdogan played Europe - and won - Opinion - Israel News | Haaretz.com

Tuesday, November 29, 2016

Could Trump trample Turkey’s growth?

Could Trump trample Turkey’s growth?

The implications of a Trump presidency are likely to be dire for the Turkish economy
Read next

by: Daron Acemoglu and Murat Ucer

Much of Europe is mourning a US presidential election that has catapulted real estate mogul Donald Trump into position as possibly the world’s most powerful person.

More:Could Trump trample Turkey’s growth?

Bankers fret as Erdogan increases pressure to keep Turkish voters spending

Bankers fret as Erdogan increases pressure to keep Turkish voters spending

by: Mehul Srivastava and Jonathan Wheatley

Turkey’s economy is youthful, growing, modern and diverse. But above all, it survives on leverage, engorged with the foreign debt that flows through its corporate sector.

More:Bankers fret as Erdogan increases pressure to keep Turkish voters spending

Monday, November 28, 2016

Turkey’s ‘windows to the West’ - GİLA BENMAYOR

Turkey’s ‘windows to the West’

İzmir Mayor Aziz Kocaoğlu describes his Aegean city as “Turkey’s window to the West.” One would like to think that in these days, when the European Parliament has recommended freezing accession talks with Turkey, there is still a window opening to the West on this land.

More:Turkey’s ‘windows to the West’ - GİLA BENMAYOR

Turkey’s anti–Gülen campaign may be harmful to Turks living abroad - BARÇIN YİNANÇ

Turkey’s anti–Gülen campaign may be harmful to Turks living abroad

An important part of the efforts to combat the Fetullahist Terror Organization (FETÖ) threat has to take place in foreign countries. Some 120 countries to be exact, as that is the estimated number of states where the Gülenist network is believed to have opened schools.

More:Turkey’s anti–Gülen campaign may be harmful to Turks living abroad - BARÇIN YİNANÇ

Turkey Has Fallen | The Wake Magazine

Turkey Has Fallen
by Ben Halom
Implications of a silenced opposition and a crumbling democracy

On Nov. 4, the leaders of the Peoples’ Democratic Party (HDP), Turkey’s largest left wing, pro-Kurdish opposition party, were arrested along with 10 of the HDP’s representatives in parliament.

More:Turkey Has Fallen | The Wake Magazine

Donald Trump Should Not Be Fooled By Turkey: Today Ankara Is More Foe Than Friend

Donald Trump Should Not Be Fooled By Turkey: Today Ankara Is More Foe Than Friend

Predicting the course of the coming Trump presidency could be an Olympic sport. The president-elect evidences strong opinions but little knowledge of many issues. Moreover, he usually was short on specifics: for instance, what would it mean to “bomb the shit” out of ISIS?

More:Donald Trump Should Not Be Fooled By Turkey: Today Ankara Is More Foe Than Friend

Sunday, November 27, 2016

75 pct of Turkish citizens believe Turkey is drifting away from EU - POLITICS

75 pct of Turkish citizens believe Turkey is drifting away from EU

Some 75 percent of Turkish citizens believe Turkey is drifting away from the European Union, while 44 percent of them believe freezing membership talks is a positive development.

According to a survey conducted by ANDY-AR focusing on Turkey-EU relations, 75.3 percent of the participants believe Turkey is moving away from the EU, whereas 19.9 percent of them believe Turkey is not.

More:75 pct of Turkish citizens believe Turkey is drifting away from EU - POLITICS

'Know your limits!' Erdogan reminds EU Parliament who's in charge of Turkey | Mo4ch News

‘Know your limits!’ Erdogan reminds EU Parliament who’s in charge of Turkey

The EU is in no position to dictate to Turkey when it comes to fighting terrorism, Turkish President Recep Tayyip Erdogan said after EU lawmakers voted to call for halting membership talks with Ankara.

More:'Know your limits!' Erdogan reminds EU Parliament who's in charge of Turkey | Mo4ch News

Saturday, November 26, 2016

Turkey’s President Recep Tayyip Erdogan prepares the ground for a new constitution by crashing political opponents - World Politics Journal - WPJ

Turkey’s President Recep Tayyip Erdogan prepares the ground for a new constitution by crashing political opponents

by WPJ · November 26, 2016
The European Parliament has overwhelmingly voted to suspend EU membership talks with Turkey, citing deteriorating human rights and democratic shortcomings under President Recep Tayyip Erdogan’s rule. The vote is non-binding, but it underscores growing frustration with Mr Erdogan’s increasingly authoritarian regime.

More:Turkey’s President Recep Tayyip Erdogan prepares the ground for a new constitution by crashing political opponents - World Politics Journal - WPJ

Dailytimes | Turkey and the EU

Turkey and the EU

In the latest blow to what has been an uneasy relationship at best, the European Parliament has voted to freeze the talks of Turkey’s accession to the European Union. The vote carries only symbolic importance as in order for any such proposal to be binding either the European Commission or one-third of the European Union member states would first have to introduce such a motion and then a majority of the European Union member states would have to vote in favour of it. But it is not the fact that the vote is not binding that is significant; rather the vote’s importance lies in what it implies for the tenuous relationship between Turkey and the European Union.

More:Dailytimes | Turkey and the EU

Friday, November 25, 2016

Turkish central bank lifts interest rates to buoy currency | Fox Business

Turkish central bank lifts interest rates to buoy currency

ISTANBUL – Turkey's Central Bank has raised its interest rates, a move experts say is meant to support the currency after steep drops recently.

More:Turkish central bank lifts interest rates to buoy currency | Fox Business

Turkish spy in Bremen plotted murder of 2 Kurds: report - The Local

Turkish spy in Bremen plotted murder of 2 Kurds: report

Two major public broadcasters reported on Friday that a man believed to be a Turkish agent spied on two Kurdish functionaries and plotted to murder them.

More:Turkish spy in Bremen plotted murder of 2 Kurds: report - The Local

Turkey reinstates over 6,000 teachers suspended after coup

Turkey reinstates over 6,000 teachers suspended after coup

Turkish authorities have reinstated over 6,000 teachers suspended after the July failed coup accused of terror links, the education ministry said on Friday.

More:Turkey reinstates over 6,000 teachers suspended after coup

The human impact of Turkey's purges - BBC News

The human impact of Turkey's purges
By Tim Whewell BBC News

More than four months after the defeat of the military coup attempt in Turkey, President Recep Tayyip Erdogan has vowed to continue the purges that have already seen more than 125,000 state employees sacked or suspended.

More:The human impact of Turkey's purges - BBC News

The big freeze

The big freeze

With Turkey maintaining an ever greater distance from the European Union, the EU needs to reconsider its options. Analysis by Nassir Djafari

More:The big freeze