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

Turkey: ErdoÄŸan’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 ErdoÄŸan pulled his country out of the Council of Europe’s Convention on Preventing and C More:Turkey: ErdoÄŸan'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