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

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

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

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

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

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

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