Turkey

Turkey’s Slow-Motion Economic Crisis

Banks cannot engineer a balance between exchange rates and interest rates in a country with free capital flows, where banks’ funding conditions are affected by the global economic environment and by country risk. As Turkey has demonstrated, using banks for this purpose destroys both internal and external economic balances.

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Security Chaos in Afrin

Hundreds of people in Afrin have been kidnapped by pro-Turkish factions amid security chaos amid serious violations reports Etihad Press. The city of Afrin, north of Aleppo, which is under the control of pro-Turkish factions, has been witnessing security chaos amid serious violations by the Ankara-backed factions.

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Haftar gives Turkey a choice – ‘leave or war’

Commander of the Libyan National Army (LNA) Field Marshal Khalifa Haftar has issued statements to Turkey, giving Turkey a choice between leaving the country peacefully or war, confirming that: “Decisive confrontation between the two sides is about to take place.”

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Turkey sticks to its guns on Russian S-400s despite US sanctions

Voices are growing louder in Turkey questioning why these systems were ever purchased, considering the headaches they have caused for Ankara. Turkey is sticking to its guns over its controversial purchase of Russian made S-400 missile air defense systems. Increasing domestic skepticism regarding the reasons for the purchase has also …

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Press Release Regarding the Visit of H.E. Mr. Mevlüt Çavuşoğlu, Minister of Foreign Affairs, to Russian Federation on the Occasion of the Eighth Meeting of the Joint Strategic Planning Group Between Turkey and Russian Federation

H.E. Minister Mevlüt Çavuşoğlu will pay a visit to Russian Federation (Sochi) on 29 December 2020 for the 8th Meeting of the Joint Strategic Planning Group between Turkey and Russian Federation. At the Joint Strategic Planning Group Meeting, to be co-chaired by the Ministers of Foreign Affairs, the two sides …

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Turkey cements Libyan intervention as Haftar vows to repel ‘colonisers’

Turkey cemented its involvement in the Libyan conflict on Saturday when Defence Minister Hulusi Akar visited the country. Four days earlier, the Turkish Parliament voted to extend by 18 months a one-year presence in the country, which came into effect in January after an agreement with the Government of National …

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