The official visit of Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al Nahyan (MBZ) to Turkey on November 24 was analysed from a commercial and economic perspective in Turkey. The political significance of the visit was largely ignored by Turkish mainstream media. And it wasn’t questioned why Turkey and the UAE, who were on
Turkey is now experiencing a coalition government in a one-party rule under an administrative system which was constituted over complaints about vulnerable coalition governments of the 1970s and 1990s. President Tayyip Erdoğan propagated the most crucial reason for establishing the Presidential Government System in 2017 as that Turkey will leave the coalitions behind. Still, the
Istanbul court ruled philanthropist Osman Kavala’s four-year-long pre-trial detention to continue in a trial that has become a subject of diplomatic relations for Turkey. Istanbul 13th Criminal Court ruled for the continuation of the detention of Kavala on Nov. 26 in a case that has been criticized as politically motivated and being under the influence
Retired soldier Metin Gürcan, a member of the founding board of DEVA Party, announced on his social media account that he was detained on charges of “political espionage”. Gürcan shared the following message on his Twitter account in the morning: “I am being detained on charges of political espionage. The cops are in the house…
The proposal that “if interest rates fall, inflation will decrease” is not misleading; however, it depends on some conditions and the kind of ‘interest rate.’ An economy providing necessary conditions implies that it moves on a healthy path. What are these conditions? And which interest rate, as well as whose interest rate are we talking
Until a few months ago, President Tayyip Erdoğan’s administration has been holding the powerful name of the United Arab Emirates (UAE), Abu Dhabi Crown Prince Mohammed bin Zayed al Nahyan, responsible for every move taken against Turkey. The feelings were mutual. The Prince, known as MBZ with his initials in international politics, also saw Erdogan
President Tayyip Erdoğan addressed the ruling Justice and Development Party (AKP) members on November 23, as the currency crisis hit Turkey like a storm. The more Erdogan spoke, the more the Turkish Lira depreciated against the US dollar, Euro, British Pound and Gold. At the minute I wrote this line, 1 US Dollar worth 13
After the rapid depreciation of the Turkish Lira, the opposition parties held urgent meetings repeated their call for a common economy plan and early elections. There were minor marches in big cities of Turkey like İstanbul, Ankara, İzmir and Kocaeli where people asked government to resign. The marches faced police barriers and intervention as Istanbul’s
“There is no Economic War of Independence. They are trying to deceive people who are left with dry bread in their hands as if they are defending their homeland,” Ali Babacan, the leader of DEVA Party, posted on the party’s Twitter account on November 23. His words came just after President Tayyip Erdoğan declared “Economic War