Global finance watchdog adds Turkey to grey list (Amberin Zaman, Al Monitor)

The global financial watchdog known as the Financial Action Task Force, or FATF, announced today that Turkey has been added to its “grey list” of countries subject to heightened scrutiny over terrorist financing, money laundering and institutional corruption. The move will further dent Turkey’s spotty image and likely further weaken the lira, which had already dipped to a fresh low today following a bigger than expected 2% rate cut by the central bank. Coming on top of ever-louder, anti-Western growls from the country’s authoritarian — and increasingly erratic — president, Recep Tayyip Erdogan, Turkey is beginning to look more like Iran than a valued NATO member.

Global finance watchdog adds Turkey to grey list – Al-Monitor: The Pulse of the Middle East

Marco Emanuele
Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

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