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Murat Yetkin
20 December 2021, Monday / Published in Economy

Does Erdoğan try to overcome the crisis by Islamic rhetoric?

Turkey’s economy was on the verge of a critical turn even before President Tayyip Erdoğan treated Turkey’s Industry and Business Association’s (TÜSİAD) public announcement against the ruling Justice and Development Party’s (AKP) policies as a declaration of war. After TÜSİAD defined the recent monetary move to cut policy rates as “wrong” and urged the government
AKPcurrency crisisdollarEkonomyErdoğanfinanceinterest rateIslamic rhetoricISOKESKMurat YetkinMÜSİADPolitical IslamŞamil TayyarTOBBTOGGTÜSİAD
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Murat Yetkin
18 December 2021, Saturday / Published in Economy

Minute by Minute December 17 Financial Crisis

President Recep Tayyip Erdoğan ignores that what happened on December 17 was a financial crisis. Main opposition Republican People’s Party (CHP) leader Kemal Kılıçdaroğlu names it as “Turkey being dragged into a disaster,” and openly questioned the health of Erdoğan’s “mental faculties.” Opposition İYİ (Good) Party leader Meral Akşener said that the crisis is now
Borsa IstanbulCBRTcrisisDecember 17dollarsErdoğanfinancial crisishalted tradeinflationinterest rateMurat Yetkinstock exchangestock marketTurkish liras
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Murat Yetkin
17 December 2021, Friday / Published in Politics

Foreign policy in times of economic downturn

When President Tayyip Erdoğan announced the following year’s minimum wage as 4,253 Turkish Liras per month on December 16, he said, “do not compare it to its dollar value.” I think he knew what people would ask if they calculate the wage on US dollars because when the amount of the minimum wage is calculated
ArmeniaCBRTCentral BankcurrencydollarseconomyEgyptF16foreign policyinterest rateMevlüt Çavuşoğluminimum wageMurat Yetkinnurettin nebatiTurkeyUAEUSA
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Murat Yetkin
16 December 2021, Thursday / Published in Economy

Erdoğan’s arm-wrestling with Turkish economy

President Tayyip Erdoğan made the long-awaited statement on December 16 and declared the minimum wage as 4253 liras. This statement came after the Central Bank cut the policy rate from 15 percent to 14 percent. In the morning hours, the dollar already exceeded the 15 lira bar and thus settled at the level of 15.5
arm-wrestlingbudgetCBRTcurrencyeconomyErdoğanforeign currencyforeign exchangeminimum wageMurat Yetkinstate of emergencyunder the pillowUS dollars
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Murat Yetkin
15 December 2021, Wednesday / Published in Economy

Why to discuss Dollar vs TL in a Human Rights event?

Germany and France have been awarding human rights defenders worldwide with its Franco-German Human Rights and Rule of Law Award since 2016. This year, French and German diplomats in Turkey deemed Nebahat Akkoç, the founding president of Diyarbakır-based women’s rights foundation KAMER, worthy of the award. Akkoç received her award in a ceremony held at
Article 25currency crisisdollareconomyfair distribution of incomeFranco-German Human Rights and Rule of Law Awardgender equalityhuman rightsKAMERMurat YetkinNebahat Akkoçright to live humanelywomen's rights
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Murat Yetkin
14 December 2021, Tuesday / Published in Politics

Disturbing scenarios on Turkey’s elections and economy

Professor of Law Dr. İzzet Özgenç, who advises President Recep Tayyip Erdoğan on economic issues, stirred a debate with his social media post yesterday as he said we should be prepared for the declaration of the State of Emergency because of the current state of the Turkish economy. With this message, the efforts of the
CarnegieCarnegie Endowment for International Peace.Fuad Safarovİzzet ÖzgençMeral AkşenerMurat YetkinNebatiNomuraŞahap KavcıoğluUS dollars
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Murat Yetkin
13 December 2021, Monday / Published in Economy

Minister admits: problem is not foreign attacks but distrust

“Turkey’s economy suffers because of the foreign attacks.” That was the prominent discourse of President Recep Tayyip Erdoğan and the ruling Justice and Development Party (AKP) for years. They instrumentalized this discourse to give an account for problems in domestic politics, stating that the attack of the West caused the issues. However, that discourse no
Businessdistrustforeign attackMurat YetkinNureddin Nebatiresourcestrust
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Murat Yetkin
12 December 2021, Sunday / Published in Politics

CHP’s momentum with Kurdish voters

Of course, not all Kurdish voters are living in East and South-East Turkey. That is a well-known fact that Istanbul hosts the densest Kurdish population globally. It was the Kurdish voters that determined June 23 2019, local elections where Republican People’s Party (CHP) candidate Ekrem İmamoğlu has taken the Istanbul Metropolitan Mayor seat after 25
AKPCHPDEVAEkrem İmamoğluelectionkılıçdaroğluKurdishKurdish votesMHPpollsquestionaireRawestresearchSelahattin demirtaşsurvey
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Murat Yetkin
10 December 2021, Friday / Published in Politics

Ruling AKP pays more attention to CHP’s candidate than CHP

Daily Hürriyet newspaper’s senior politics op-ed writer Abdulkadir Selvi broke backstage news yesterday. He said that the opposition Republican People’s Party (CHP) leader Kemal Kılıçdaroğlu met his party’s Istanbul Mayor Ekrem İmamoğlu. The breaking news was that the leader of the main opposition met his party’s mayor, pointing to a question whether there will be
AKPakşenerCHPİmamoğluİYİ PartykılıçdaroğluMansur YavaşMurat YetkinNation AlliancePresidential election
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Murat Yetkin
09 December 2021, Thursday / Published in Economy

Erdoğan’s call for currency deposit: “dressing the wound”

“Dressing the wound” is a term which Necmettin Erbakan, the founder of the National Outlook Movement that the ruling Justice and Development Party (AKP) and President Tayyip Erdoğan have emerged from, used in the 1970s. He used the term to describe superficial economic or political measures which aim to save the day rather than ensure
austeritycurrencydressing the woundeconomyErdoğanMurat YetkinQatarsacrifices
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