I complain about the directors of the Central Bank of the Republic of Turkey (CBRT) because the Governor of the CBRT and the members of the Monetary Policy Committee flagrantly violated their duty to adhere that the “primary objective of the Bank shall be to achieve and maintain price stability.” imposed by Central Bank Law
Suicide of a student, murder of a women, assault to an immigrant. Turkey read these news one after another on January 11. Medical student Enes Kara committed suicide in a dormitory in Elazig, where his family was forced him to stay. In the video and letter that Kara left behind, we saw the pressures he
One of my friends from business circles shared an interesting analysis with us yesterday. The KONDA research company complied the data they have collected in the last ten years while doing their public surveys and shared it with their subscribers. It shed a light to the transformation that Turkey has gone through in the last
While the latest election polls showed that the meltdown in the ruling Justice and Development Party (AKP) and its “People Alliance” partner Nationalist Movement Party (MHP) votes continued, not only the economy but also the judiciary ring alarm bells. “We have an issue with the right to a fair trial,” the Constitutional Court (AYM) president
When the ruling Justice and Development Party (AKP) came to power, one of their promises was to fight against “3Ys” that are prohibitions, poverty and corruption. In the first year of their rule, certain progress was made in these areas with an expectation of strengthening relations with the European Union (EU). When the EU hopes
Turkey’s Minister of National Defense, Hulusi Akar, rebuked Greece for increasing armament expenditures and “provocative” foreign policy, stating that Turkey’s disputes with Greece over the expansion of territorial waters and the violation of the islands’ disarmament status continue. “There is armament, against whom? We say, what is this armament for? Too much for normal defense,
Turkey entered the year 2022 with an unprecedented rain of hikes. We started to discuss inflation, price hikes, the rising cost of living, and poverty. Still, there is one more thing to add to these discussions: energy poverty! This term has been one of Turkey’s issues for over a decade and stands before us as
Whenever President Recep Tayyip Erdoğan and his People Alliance partner Nationalist Movement Party (MHP) leader Devlet Bahçeli meet, something changes in Turkey. This time President Erdoğan visited Bahçeli at his apartment in Ankara on Jan. 5, just like last year. President’s Communication office announced that the visit was to celebrate the nationalist leader’s birthday, which
Turkey is going through unprecedented days. At the beginning of December, while the exchange rate increased without any apparent barrier, the government raised the minimum wage by 50 percent. According to the Turkish Statistical Institute (TÜİK), the annual increase in the consumer price index (CPI) was only 21 percent, and opposition parties were demanding an
On January 4, when the people of Kazakhstan took to the streets to protest against fuel and food hikes, President Tayyip Erdoğan was addressing the ruling Justice and Development Party’s (AKP) provincial leaders in Ankara. The opposition was at his target: “They say they take to the streets to fill the squares without feeling any