As Turkey reaches highest inflation in 14 years, President Erdoğan is in fight with rating agencies: ” ‘impostors’ and ‘racketeers’

Fitch cuts growth forecast for Turkey, warns of downside risks  Hurriyet Daily News Fitch Ratings has slashed its outlook for economic growth in Turkey, citing mainly the Turkish Lira’s fall, and warned of “significant and widespread downside risks.” Erdogan labels rating agencies as ‘impostors’ and ‘racketeers’ AL JAZEERA ENGLISH (IN DEPTH) Scathing comments come after two agencies … Read more

Erdoğan slams credit agencies, Turkey’s Culture Minister slams Wikipedia, Euro court criticizes Turkey to amend religious courses.. Life goes on…

Euro court calls on Turkey to amend religious courses The Turkish education system is still inadequately equipped to ensure respect for parents’ religious convictions, Euro court says Turkey’s Erdogan warns Moody’s and Fitch over assessments – reports ISTANBUL (Reuters) – Turkish President Tayyip Erdogan has accused rating agencies Moody’s Investors Service and Fitch Ratings of political motives … Read more

Haaretz: Israel should compensate Gaza flotilla victims

Turkish protesters marching in Istanbul against Israel?s takeover of the Gaza flotilla in May. Photo by: AP Israel should compensate Gaza flotilla victims – Haaretz Daily Newspaper | Israel News Israel can take several steps to defuse tensions between itself and Turkey. By Shlomo Avineri The waves caused by the raid on the Gaza-bound Turkish … Read more