Tag: Turkey

How Erdonomics Sank Turkey (Anne O. Krueger, Project-Syndicate)

Turkey’s economy is in crisis. Inflation is high and rising, economic growth is stalling, foreign-exchange reserves have plummeted, many goods are in short supply or...

5 things to know about Erdogan’s plan to shore up Turkey’s lira (Asli Kandemir, Bloomberg, Al Jazeera)

Turkey’s President Recep Tayyip Erdogan unveiled an emergency plan to curb the lira’s unprecedented depreciation and protect investors against wild swings in the currency....

Turkish lira rockets after Erdogan’s promise to protect deposits (Al Jazeera)

The Turkish lira rocketed off record lows on Tuesday after President Recep Tayyip Erdogan announced new measures to safeguard local currency deposits against severe...

Erdogan seeks to boost ties at Turkey-Africa summit (Umar Farooq, Al Jazeera)

Turkey is aiming to deepen economic and military ties on Africa, President Recep Tayyip Erdogan said in remarks at a major summit of African...

Turkey: Stock trading halted twice as lira crashes to new low (Onur Ant, Bloomberg, Al Jazeera)

Turkey halted trades on all listed stocks after sharp declines triggered a market-wide circuit breaker, with the lira extending declines to a record low. Trading...

How Turkey’s largest fact-checking group tackles disinformation (Umar Farooq, Al Jazeera)

Every day, Emre İlkan Saklica scrolls through endless social media feeds, delving into the latest trends and browsing through news reports, with just one...

Moscow Fears Ankara’s Greater Turan Ideas Threaten Russia Abroad and at Home (Paul Globe, The Jamestown Foundation)

Many Russian analysts are dismissive of Turkey’s talk about the formation of a transnational cultural community called “Greater Turan.” They do not believe such...

Public-private team in Turkey unveils drone with laser gun (Burak Ege Bekdil, Defense News)

A public-private partnership in Turkey claims it has created the world’s first drone armed with a laser weapon. The Eren was on display at the...

Armenia, Turkey To Appoint Special Envoys In Bid To Normalize Ties (RFE RL)

Neighbors Turkey and Armenia have announced that they will appoint special envoys on mending relations that have been strained for decades. Yerevan and Ankara have...

Erdoǧan loses his way (William Gourlay, The Interpreter)

As Turkey’s economy falters, its strongman president isfalling in the polls – the implications may be far reaching. Erdoǧan loses his way | The Interpreter...

Turkey’s Erdogan says social media a ‘threat to democracy’ (Al Jazeera)

Turkish President Recep Tayyip Erdogan described social media on Saturday as one of the main threats to democracy. Erdogan’s government plans to pursue legislation to...

Turkish firms eye boon in deepening bilateral ties with Qatar (Umar Farooq, Al Jazeera)

As Turkish businesses grapple with high inflation and a sharply devalued currency, a recent visit to Qatar by Turkish President Recep Tayyip Erdogan is...

Turkey hints at potential Hurkus aircraft sale to Azerbaijan (Burak Ege Bekdil, Defense News)

Turkey’s Caucasus ally Azerbaijan will likely become the second foreign customer of the Hurkus, a Turkish-made basic trainer and light-attack aircraft. Ismail Demir, Turkey’s chief procurement official and...

Erdogan says he hopes volatile Turkish lira will steady soon (Al Jazeera)

Turkish President Recep Tayyip Erdogan has said he hopes that volatile foreign exchange and inflation rates would stabilise shortly as he reiterated his stance...

Kurdish protesters storm the chemical weapons body in The Hague (AFP, Arab News)

Dutch police arrested 50 people on Friday after Kurdish demonstrators alleging that Turkey is using chemical weapons in northern Iraq broke into the headquarters...

Turkey’s Erdogan replaces finance minister amid economic turmoil (Al Jazeera)

Turkish President Recep Tayyip Erdogan has replaced the country’s finance minister after weeks of economic turmoil in which inflation soared as the lira plummeted...