Turkey is reportedly seeking to increase the foreign currency reserves possessed by its central bank, in a currency swap agreement with the United Arab Emirates that could amount to at least $5 billion. According to the London-based news outlet Middle East Eye, which cited an anonymous senior Turkish official, Ankara …
Read More »Patronage marginalizes qualified Turkish diplomats
Increase of unqualified personnel and self-serving political appointees has harmed Ankara’s ability to conduct international affairs, experts say. Once considered the cream of the bureaucracy, Turkey’s foreign ministry is in decline as it becomes marginalized in policy-making and turns into an outlet for government loyalists waiting to be rewarded. This …
Read More »Defection of Pro-Turkish Leader and Followers to State-controlled Areas
In the occupied al-Bab countryside, social media users reported the defection of the so-called commander of the al-Sukkaria village’s forces from the pro-Turkish Hamza Division militia. The commander was accompanied by other gunmen and some cars and their arrival in areas of army control. According to reports, gunmen from the …
Read More »Turkish lira slips to record low because of Erdogan
Recep Tayyip Erdogan interferes in Turkey’s monetary policy – with serious consequences for the country’s currency. The Turkish currency is still in free fall. On Wednesday, the lira slid three percent to a new record low. In turn, the dollar’s exchange rate rose to as high as 13.49 liras – …
Read More »Who Are the Extremist ‘Grey Wolves’?
In reality, the Grey Wolves movement very much does exist. It has a long history of bloodbaths across Turkey and is now a growing movement across Europe as well as the South Caucasus. This ideology [Turanism, or the Greater Turkish homeland] believes in the superiority of a supposed Turkish race …
Read More »Erdogan nimmt Ausschluss aus Europarat in Kauf
Der türkische Präsident Recep Tayyip Erdogan fordert Europa heraus. Mit seiner Ermunterung hat ein türkisches Gericht am Freitag entschieden, den seit vier Jahren ohne Urteil inhaftierten Kulturförderer Osman Kavala weiter im Gefängnis zu halten. Der Europarat hatte für diesen Fall mit einem Ausschlussverfahren gegen die Türkei gedroht, das in der …
Read More »Erdogan says Turkey will move to improve ties with Egypt, Israel
Turkish President Recep Tayyip Erdogan hinted Ankara will reinstate its ambassadors in Egypt and Israel. Turkish President Recep Tayyip Erdogan signaled on Monday that Turkey will seek to better its relations with Israel and Egypt after doing so with the United Arab Emirates. Last week, Ankara and Abu Dhabi inked …
Read More »Avrupa Konseyi “Kavala sınavı”nda
Avrupa Konseyi, Avrupa İnsan Hakları Mahkemesi’ne yazılı olarak soracak: “Türkiye sizin Kavala ile ilgili kararınıza uydu mu, yoksa uymayıp Avrupa İnsan Hakları Sözleşmesi’ni ihlal mi etti?” Hafta sonunu “Osman Kavala davası” ile geçirdik. O davada Çarşı’nın Gezi Direnişi sırasında hınzır buluşlarla renk ve keyif kattıkları etkinlikler suç sayıldığı için yine …
Read More »Yıl sonuna doğru
Yeni haftaya başlarken ekonomide geçtiğimiz haftadan kalan iki gündemimiz var. Birincisi elbette ki içerideki gündem. Hükümetin tam olarak içeriğini bilmediğimiz Yeni Ekonomi Programını konuşmaya devam edeceğiz. Cuma gününe kadar dolayısıyla gözümüz kulağımız döviz kurlarında olacak. Cuma günü ise Türkiye İstatistik Kurumu ve ENAG Kasım ayı enflasyon verilerini kamuoyu ile paylaşacak. …
Read More »Khamenei’s Joy Over Economic Crisis And Devaluation Of Turkish Currency – OpEd
Turkey is facing a severe economic crisis these days, with a 15% devaluation of the Lira against the US dollar in just 24 hours. This has caused dissatisfaction among Turkish citizens since they have lost their purchasing power accordingly, and many of them marched in the streets of Istanbul and …
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