Categories: 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

Türkiye-Azerbaijan: Towards a Crisis or a New Understanding? What Is Really Going On?

Before the impact of Azerbaijani President Ilham Aliyev’s announcement that he would not attend the…

22 hours ago

R4+E3 Formula: New Diplomatic Initiatives, Canada and Türkiye-EU Relations

It is clear that the EU has long since lost much of its potential to…

1 week ago

How Is the Türkiye–Libya Agreement Changing the Equation in the Eastern Mediterranean?

A political structure that only a few years ago was among Türkiye’s fiercest opponents in…

1 week ago

Türkiye Must Ease Tensions with Azerbaijan Before Another Foreign Policy Problem Emerges

Türkiye-Azerbaijan relations are too important to be derailed either by Israel or by a headscarf…

2 weeks ago

Erdoğan: Türkiye will emerge from the stock market crises “cleansed”

President Tayyip Erdoğan has promised that Türkiye will emerge from the stock market/fund crisis “cleansed.”

4 weeks ago

Ankara hits Iran with economic sanctions ahead of Erdoğan-Trump meeting

Ahead of President Recep Tayyip Erdoğan’s visit to the United States to attend the UN…

1 month ago