Turkish lira slides to record low on concerns for financial stability | Ahval Lira sinks even as Turkey spends billions of dollars to prop it up The Financial Times – Laura Pitel in Ankara and Eva Szalay in London – Jul 28, 5:13 AM The Turkish lira tumbled to a four-month low against the dollar in the … Read more
Turkish lira may slide to 6.2 per dollar as political tensions persist | Ahval Turkey’s lira may weaken to 6.2 per dollar after the central bank softened its stance on inflation… Turkish lira drops to six-month low on U.S. spat, Iranian oil ban | Ahval Turkey’s embattled lira fell to the lowest levels against the … Read more
Erdoğan to banks: Ease loans or you’ll face us Turkish President Recep Tayyip Erdoğan called on the financial sector on Jan. 17 to open the taps of credit or face a reckoning. Turkish Lira will recover if Central Bank acts immediately: Top economist Tim Ash Economist Tim Ash, who has followed Turkey closely for almost … Read more
Turkish Lira hits new low against dollar The Turkish Lira hit a new low against the U.S. dollar on the morning of Jan. 9 after labor data from the world’s largest economy on Jan. 6 showed that growth was poised to accelerate, Turkish Lira at new record low on inflation, security concerns The Turkish lira … Read more
Turkish Lira falls to historic low against US dollar The Turkish Lira hit another record low against the U.S. dollar, having fallen more than 8 percent so far this week, hit by a statement by the head of U.S. Federal Reserve chairwoman and signs of more discord between Turkey and Europe Turkey runs $3.7 billion budget deficit … Read more
Poll: Turks somehow liberal on rhetoric but not in practice “We came up with a set of questions related to liberal values and tried to figure out whether Turkey is indeed, as some outsiders might perceive, a country devoid of liberalism, or whether liberal and democratic values have in fact taken root in Turkish society,” writes … Read more
Turkish Lira hits record low against dollar on political worries, Fed’s rate hike signals The Turkish Lira hit a record low against the dollar on Oct. 13 over fears that political uncertainty could be triggered by a fresh government move to push through legislation introducing an executive presidential system BP refutes claims about exiting Turkish market BP … Read more
Dutch politician, columnist Joost Lagendijk denied entry to Turkey Joost Lagendijk, the former co-chair of the EU-Turkey Joint Parliamentary Committee and Today’s Zaman columnist, was denied entry to Turkey on Sept. 25 after his flight from the Netherlands landed at Istanbul’s Sabiha Gökçen Airport In other news: Turkish markets, lira seeking recovery after Moody’s rating cut Turkey’s … Read more
Election fair, threshold not: OSCE/PACE observers Fundamental freedoms were generally respected and voters could choose from a wide range of political parties in Turkey’s June 7 elections, but the 10 percent threshold to enter parliament limits political pluralism, international observers said June 8 Erdogan urges political parties to show responsibility AL JAZEERA ENGLISH (IN DEPTH) President calls … Read more
Turkey’s Erdoğan invites opposition to get to bottom of gold toilet seat claims World news: Turkey | guardian.co.uk by Associated Press in Ankara President invites Kemal Kiliçdaroğlu to inspect lavatories in his palace after secular party leader accused him of spending public money on luxuries Turkey’s president has invited the country’s main opposition leader to inspect … Read more
Turkish lira tumbles to new low against dollar The lira broke above the psychologically important level of 2.7 to the dollar to trade at 2.703 to one dollar 15 Nisan 2005 Dolar: 1.3515 Nisan 2015 Dolar: 2.70 Ekonomi iyi götürüyor, parsel parsel… — Koray Çalışkan (@koraycaliskan) April 15, 2015 “1.5 Million Subcontracted Workers Lack Job Security” Bianet … Read more
10 Articles To Understand Presidential System Debate in Turkey The Istanbulian by Emre Kızılkaya The debate to switch to a full-throttle presidential system in Turkey has been rekindled this week after President Recep Tayyip Erdoğan began to lobby for it actively. Here are 10 news articles or opinion pieces to understand the current debate: #Turkish President … Read more
Infographic: Turkey’s human rights record in ECHR rulings Turkey still heads the notorious list of countries sued or convicted at the European Court of Human Rights (ECHR), but the number of applications against Ankara has recently been falling. AKP eyes elections results to push for new Constitution The ruling Justice and Development Party (AKP) is making calculations … Read more
Turkish President Erdoğan says UK is semi-presidency dominated by Queen In a bid to justify his support for a change to the political system in Turkey, President Erdoğan has suggested that the United Kingdom is run as a semi-presidential system in which the will of the Queen is dominant. Turkey’s Erdogan says he’s no sultan — but … Read more
Opposition party (CHP) deputy Veli Ağbaba in a press meeting today pointed out that more than 3 thousand university students are in prison. Most of them are due to non-violent crimes like commemorating a revolutionary leader of 1970s… News in Turkish Report emphasizes Erdoğan’s impact on decline of democracy in Turkey Freedom House’s annual report … Read more