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Tag Archives: Turkey

Turkey steps up ties with Palestinian Authority

The Palestinian Authority (PA) and Turkey are boosting their ties in economic, investment and educational sectors, despite Turkey’s close relations with the rival Hamas movement. This raises a question about how Ankara will balance dealing with both parties. The Palestinian government approved Sept. 12 an agreement designed to encourage Turkish …

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Turkey’s financial crisis raises questions about China’s debt-driven development model

By James M. Dorsey   Financial injections by Qatar and possibly China may resolve Turkey’s immediate economic crisis, aggravated by a politics-driven trade war with the United States, but are unlikely to resolve the country’s structural problems, fuelled by President Recep Tayyip Erdogan’s counterintuitive interest rate theories. The latest crisis …

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The Water Crisis in Syria

By Areej Zaher*   After seven years and a half, war has taken its toll on Syria, and many conflicts rose to the surface, and raised many concerns. Internal strife , civil war and terrorist attacks bring untold hardship to the civilian population. however, water conflict was a big concern, …

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Erdogan, Macron vow to foster trade ties

Turkish President Recep Tayyip Erdogan and his French counterpart Emmanuel Macron agreed in a phone call on Thursday to foster trade ties, a Turkish presidential source said, after the lira’s dramatic fall in the wake of escalating tensions with the US. “Both leaders emphasised the importance of fostering economic and …

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Erdogan to boycott iPhones

Turkish President Recep Tayyip Erdogan vowed to boycott American electronics, including Apple Inc.’s iPhone, as he retaliates against Donald Trump’s attempts to isolate his economy. After the US imposed sanctions on two Turkish ministers and amid growing domestic pressure from businesses and banks to contain a currency crisis, Erdogan said …

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Stocks rise as Turkish lira rebounds

Stocks rose on Tuesday as a rebound in the Turkish lira from an all-time low lifted investor sentiment. The Dow Jones Industrial Average rose 63 points, while the S&P 500 gained 0.3 percent. Both indexes were also on track to snap four-day losing streaks. The Nasdaq Composite gained 0.4 percent. …

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Ozil quits international football over ‘racism’

Mesut Ozil said Sunday he was quitting the German national football team, citing “racism” in the criticism of him in the side’s World Cup debacle. “It is with a heavy heart and after much consideration that because of recent events, I will no longer be playing for Germany at international …

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Turkey puts down roots in a corner of war-torn Syria

This pocket of northwestern Syria is starting to look a lot like neighboring Turkey. Many buildings bear signs in Turkish in addition to Arabic. Portraits of Turkish President Recep Tayyip Erdogan adorn public schools, where students learn Turkish as a second language instead of English or French. Three new hospitals …

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Erdogan declares victory in Turkish election

Turkish President Recep Tayyip Erdogan has declared himself the winner of a high-stakes election, in which he sought to cement his power on the nation he has ruled for 15 years. But the opposition has cried foul, claiming that state media and the election commission have manipulated the results. The …

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Israeli parliament debates bill promoting Kurdish statehood

Israel’s parliament (Knesset) has reportedly discussed a bill that explores ways through which the Tel Aviv regime can help the Kurds establish an independent state supportive of the regime within Syria, Iraq and Turkey, where anti-Israel sentiments run high. The official Israeli radio reported on Monday that the proposal had been submitted to the legislature …

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Turkish president calls snap polls in June

Turkish President Recep Tayyip Erdogan on Wednesday called early presidential and parliamentary elections for June, a move that will usher in a new political system increasing the powers of the president earlier than scheduled. Erdogan announced, following a meeting with Devlet Bahceli, the leader of Turkey’s main nationalist party, that elections originally scheduled for November 2019 will now …

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Who stands to gain if Trump pulls the US out of Syria?

President Donald Trump’s unexpected announcement on Thursday that the US would “be coming out of Syria like very soon” is raising concerns among some national security officials who warn that withdrawing now would not only undermine American credibility in the region but prompt a significant escalation to an already devastating …

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