The Monetary Policy Committee (MPC) of the Turkish Central Bank (CBRT) reduced the policy rate by one percentage point to 18% on September 23. The Central Bank estimates that inflation will be much lower by the end of this year and the end of next year. This estimation, at a first look, seems to justify
Turkish opposition leader Kemal Kılıçdaroğlu’s new pose on the Kurdish issue started a heated debate in politics. This new pose of the main opposition Republican People’s Party (CHP), states that the Kurdish-problem-focused Peoples’ Democratic Party (HDP) could be the legitimate interlocutor for the solution, which is to be found on the Parliamentary ground. This pose
We hear a lot lately: ‘But the Turkish opposition does not have an economic program to solve the economic problems.’ Leave aside the political arguments and look at the issue within the framework of the following question: ‘What kind of economic program will solve Turkey’s problems?’ Do we need a magic program, magic formula, or
Turkish universities return to face-to-face education this month after the Covid-19 closure. The youth however do not appear so well. Whether it is new students or recent graduates, their emotions are fairly common. They are daunted, frustrated, and pessimistic. That frustration and pessimism are likely to affect the outcome of the next elections.According to a
Ankara does not confirm the claims that Turkey will deport 20 militants wanted by Egypt in return for Egypt’s curbing of Gülenist activities in Cairo, within the framework of a détente between the two countries. The claim was made on the United Arab Emirates (UAE) based “The National” website, bylined from Cairo. Allegedly. It was
Only ten days after getting appointed as the head of Turkish State Railways (TCDD), Abdülkerim Murat Atik got fired on September 14. That was the last example of Erdoğan’s one-after-other appointments in top positions of bureaucracy, mostly based on close-circle references but cause havoc within the system. Former director of the TCDD Ali İhsan Uygun
One of the most interesting – in fact, more correct to say weird – developments of the last week were the words of Şahap Kavcıoğlu, The Governor of the Turkish Central Bank (CBRT), who implied that from now they would focus on core inflation which excludes food and energy prices and alike. That would mean
Anti-vaccine protesters held a rally in the Maltepe district of Istanbul on September 11 with the participation of thousands of people. Those attending the “Great Awakening” demonstration do not want to be called anti-vaccine. For the record: Maltepe District Governor Bahri Tiryaki did not allow the rally to protest the anti-covid policy of the government