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Turkey

Turkish Lira Loses Almost all Gains After Interest Rate Hike

Ankara (TM) – Five days after the Turkish Central Bank’s interest rate hike of 625 basis points, a record high during President Recep Tayyip Erdoğan’s terms in office, the country’s national currency has lost almost all its gains by plunging back to over 6.35 against the US dollar on Tuesday. The lira, which was at 6.41 just before […]

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Erdogan Spokesman: We Weren’t Expecting Tehran Summit to be Televised

Ankara (TM) – Turkey’s presidential spokesperson İbrahim Kalın said on Tuesday they were not expecting that discussions at the Tehran Summit on Sept. 7 would be broadcast live, the T24 news website reported. “Still, the world witnessed the efforts of our President [Recep Tayyip Erdoğan],” referring to Turkey’s foreign policy objective to prevent a Russian-backed Syrian army offensive […]

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One-Time Top Turkish Journalist on the Coup, the Repression, and Turkey’s Future

Ankara (MPN) – Erdoğan began moving against the press even before the coup, and one man who knows this all too well is Abdullah Bozkurt, an early target of AKP censorship who spoke to MintPress to explain how Erdoğan’s imperial presidency came to be and what may come next. With most of the Turkish media controlled by President […]

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Iran Foreign Minister Holds Surprise Talks with Turkey’s Erdogan

Ankara (MEE) – Iranian Foreign Minister Mohammad Javad Zarif held previously unannounced talks on Wednesday with Turkish President Recep Tayyip Erdogan, with the situation in Syria likely to have dominated the agenda. With expectation growing of an offensive by Tehran ally President Bashar al-Assad in Syria’s Idlib province bordering Turkey, Zarif met with Erdogan for an hour at […]

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Istanbul Police Break up Landmark Turkish Mothers’ Protest

Istanbul (MEE) – Istanbul police on Saturday broke up a regular demonstration by Turkish mothers remembering the disappearance of relatives in the 1980s and 1990s, detaining over 20 people as participants marked the 700th such weekly protest. The mothers, known as the Saturday Mothers (Cumatesi Anneleri in Turkish), have met on Saturdays since 27 May 1995 in the […]

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Opinion: Turkey’s Abuse of Interpol Exposed

Ankara (TM) – The blatant abuse of Interpol mechanisms in a staggeringly high number of cases by the government of President Recep Tayyip Erdoğan in Turkey in recent years in order to harass, intimidate and persecute political opponents abroad apparently hit the wall when an investigation by the Interpol Secretariat, launched at the urging of some member states […]

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60 Chinese Billionaires Visit Turkey for Investment Opportunities

Ankara (MEMO) – In a new measure aimed at supporting the Turkish economy and bolstering trade relations between Turkey and China, the richest fifty-nine Chinese businessmen, headed by billionaire Jack Ma have steered toward Turkey in order to set up partnerships and search for new investment opportunities. The Turkish media reported that the Chinese group includes businessmen the […]

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Turkey Deal to Trade US Pastor for Bank Fine Forgiveness Rejected

Washington (GPA) – The White House has apparently rejected a deal with Turkey to release a jailed pastor that has caused recent tension. According to a report by the Wall Street Journal over the weekend, the government of Turkey has apparently offered to return the jailed US pastor Andrew Brunson. In return, Ankara has asked for fines […]

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Turkey Sanctions US, Rejects Pastors Appeal, Cuts Deals with Qatar, Lira up 7%

Ankara (GPA) – The rapid decline in US-Turkish relations took reached several new levels in the past 24 hours with Turkey sanctioning US products, and the lira actually climbing as a result. US-Turkish relations have been declining for some time now but lately, the usual diplomatic incidents have been occurring at breakneck speed. This last day and a […]

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Turkish Airlines, Telecoms Firm to Halt US Advertising

Ankara (MEMO) – Turkey’s national airline and its main telecoms firm will halt advertising in US media in response to the crisis in relations between the two allies, company officials said today. Flag carrier Turkish Airlines and Turk Telekom made their announcements after a campaign on Twitter calling for an end to advertising in US media outlets. The […]

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