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

“Riyadh Blunder: Arab States Condemn Iran, Not Israel – Türkiye Joins”

The joint statement issued by the foreign ministers of “regional countries,” who convened in Riyadh,…

1 week ago

Türkiye Tightens Controls on Transit Trade of Military Materials

The Center for Combating Disinformation (DMD) stated on March 18, addressing the ongoing debate in…

2 weeks ago

Could Israel really have gone mad enough to attack Türkiye?

Since taking office, U.S. President Donald Trump has been showing the world the darker face…

3 weeks ago

Do the Kurds Want to Become a “Hired Geopolitical Weapon” Again?

As tensions surrounding Iran escalate, Washington and Tel Aviv appear to be placing every possible…

3 weeks ago

The Positions of the EU, Russia, China, Arab Countries and Türkiye in the Iran War

First, let us note that there is no precedent in history for striking the initial…

4 weeks ago

Israel and the US Strike Iran: Regime Change with a Nuclear Pretext

The first major consequence of the coordinated Israeli and U.S. attack on Iran in the…

4 weeks ago