Anonymous expert compilation, analysis, and reporting.
A number of disturbing reports on Turkey’s descent into the same abyss Russia drove itself into. Bezhan makes the obvious observation. The Topkaya report could easily be Russia.
Authoritarian leaders have a monopoly on power, yet even they need scapegoats.
Turkey’s President Recep Tayyip Erdogan could be forgiven for wondering why he alone among traditional allies in the Middle East has been singled out for U.S. sanctions on human-rights grounds.
With no sign of de-escalation in its tariff spat with the U.S. and the absence of a comprehensive plan to address key economic weaknesses, risk remains extremely high. And Qatar’s $15 billion investment package may be a mere band-aid.
Fox News Published on Aug 15, 2018 Turkish president urges citizens to boycott U.S. electronics as relations between the two countries continue to deteriorate; David Lee Miller reports on the tension amid the detention of American Pastor Andrew Brunson.
Turkey has secured a $15 billion investment from Qatar that could bolster its economy.
President Recep Tayyip Erdogan has found a benefactor to help pull Turkey from the brink of a financial crisis as Qatar promised to invest $15 billion in the country.
President Recep Tayyip Erdogan received a financial lifeline from Qatar after the White House imposed tariffs on Turkish goods
CBS News Published on Aug 14, 2018
Readers criticize Turkey’s president (who wrote an Op-Ed article for The Times) for his increasingly autocratic and theocratic rule.
Unilateral actions against Turkey by the United States will undermine American interests and force Turkey to look for other friends and allies.
It’s a lesson that has to be constantly relearnt; you cannot, as Margaret Thatcher once said, buck the markets. This doesn’t stop the politicians repeatedly trying. When they fail, as inevitably they always do, they tend to blame financial speculators, or in Recep Tayyip Erdogan’s case, a Western, and by implication anti-Islamic, plot to do him down and subvert the democratic will of the Turkish people. The US stands accused of “treachery”, of stabbing a once valued ally in the back, and “firing bullets into the foot of your strategic partner”. “They will lose their arm if they attempt to cut our beard”, Turkey’s finance minister – who by the way is also Erdogan’s son in law – ridiculously opined…
Cafer Topkaya describes how he went from unassuming Turkish NATO officer to one of the thousands of targets in the Turkish government’s sweeping crackdown after the 2016 coup attempt.
Turkey’s foreign minister, Mevlüt Çavuşoğlu, announced that Ankara expects the first deliveries of the S-400 Triumf long-range surface-to-air missile (SAM) system before late 2019. “The first batteries will be delivered towards the end of the next year,” Çavuşoğlu told media (via Anadolu Agency) during NATO’s Summit in Brussels, Belgium. Çavuşoğlu also outlined that Ankara is aware of the criticism it is drawing for its purchase of the marquee Russian system, largely for the fact that it will not interoperate with NATO’s air defence system. Moreover, NATO worries that the S-400 could pose a security risk as well. However, Turkey will honor the S-400 acquisition (in parallel to pursuing an ostensibly NATO-compliant system in parallel in collaboration with the French-Italian consortium, Eurosam). In fact, Çavuşoğlu added that a major reason why Turkey pursued the S-400 was that neither the US or Western Europe offered a comparable system, while “Russia gave [Turkey] the best proposal.” Of the controversies surrounding Turkey’s S-400 purchase, the potential impact the Russian air defense system on the Lockheed Martin F-35 Lightning II is among the most contentious.
Turkey threatens to look for allies elsewhere as it wrestles with unrest at home and spat with U.S. deepens. But Erdogan’s narrative that Turkey is under economic siege has gained domestic traction, particularly after Trump’s tweet on Aug. 10 announcing additional tariffs on Turkish steel and aluminum imports. Much of the Turkish lira’s weakness is directly attributable to Erdogan. His plan to keep interest rates low to enable cheap borrowing has created an economic boom that is now overheating. Turkey is heavily indebted, and Erdogan’s unorthodox approach to economics has spooked investors. His expansion of executive powers is further exacerbating the situation. He named his son-in-law Berat Albayrak as the finance and treasury minister, which puts the independence of the national bank in question. Investors have been urgently calling for interest-rate and tax hikes as well as curbs to public expenditure.
America should exercise caution in how it negotiates its demands and prioritize long-term stability over short-term political gain.
US PRESIDENT Donald Trump’s diplomatic spat with Turkish President Recep Tayyip Erdogan may be facilitating Russia’s attempted subversion of NATO, analysts have warned.
Although deep disconnects plague transatlantic cooperation, the two sides still share a common interest in stabilizing this volatile region.