Economy

Gürses: ‘Superior minds,’ sovereign rating and natural gas

Fitch has lowered Turkey’s outlook to negative as the Turkish Lira’s losses against the U.S. dollar continued. (Photo: Pixabay)

Columnist Uğur Gürses discusses Fitch Ratings’ recent move to revise Turkey’s outlook to negative, within the framework of responses by Nurettin Canikli, the ruling Justice and Development Party lawmaker.

“It was known that Fitch would be lowering Turkey’s outlook to negative on August 19 when President Erdoğan said he would be giving good news on August 21,” Gürses said in a column published at Duvar English.

 “If our politicians, instead of clinging to the ‘superior mind’ rhetoric, would do politics through working and with a little bit of wisdom and knowledge, then as a society we would have more self-confidence, don’t you think so?” the economist asked. 

“Those who are ruling the country are spending so much energy on blaming vague foreign powers for all the wrong and bad management. If they could have channeled this energy to understanding the problems of the country, then we would have gone a long way and truly would have made these ‘foreign powers’ envious of ourselves.”

Please click here to read the full version of Gürses’ column.

YetkinReport

Recent Posts

The Alaska Summit, winners, losers, and the end of the Yalta systemThe Alaska Summit, winners, losers, and the end of the Yalta system

The Alaska Summit, winners, losers, and the end of the Yalta system

The three-hour meeting between U.S. President Donald Trump and Russian President Vladimir Putin on August…

2 days ago
TRIPP Deal Strengthens Türkiye’s Strategic Influence the RegionTRIPP Deal Strengthens Türkiye’s Strategic Influence the Region

TRIPP Deal Strengthens Türkiye’s Strategic Influence the Region

The US-brokered peace accord between Azerbaijan and Armenia, signed at the White House under President…

7 days ago
Aliyev, Pashinyan agree: Will Türkiye open Armenia border gate?Aliyev, Pashinyan agree: Will Türkiye open Armenia border gate?

Aliyev, Pashinyan agree: Will Türkiye open Armenia border gate?

The agreement reached on August 8 in Washington by Azerbaijani and Armenian leaders Ilham Aliyev…

1 week ago

Turkish opposition leader Özel can draw masses to squares in August heat

The Turkish opposition Republican People’s Party (CHP) leader Özgür Özel can mobilize people to fill…

2 weeks ago

Can AI and the rule of law return oligarchy to democracy?

The 27th in the series of Symi democracy conferences organized by former Greek Prime Minister…

2 weeks ago

A Zionism analysis based on a heartless Gaza piece in The NY Times

On July 22, The New York Times published an article titled, “No, Israel Is Not…

4 weeks ago