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Turkey may deploy its Russian S-400 Triumf air defenses on the Iraqi border. Turkiye newspaper reported earlier this month that Turkey's S-400s may be deployed on the border, implying it will defend against drones allegedly acquired by the PKK. Since then, there has been no indication that Turkey's S-400s have been put into operation. "However, Turkey may use the potential threat of Iran-linked militia groups or PKK as a pretext to deploy S-400s." "Such a goal was unattainable and unrealistic given the extent of Turkey's integration into the NATO defense system," Ozeren said.
Persons: , Hulusi Akar, Ali Bakir, Bakir, Suleyman Ozeren, Ozeren, Recep Tayyip Erdogan's, State Victoria Nuland Organizations: Service, Kurdistan Workers ' Party, PKK, Defense, Ibn Khaldon, Security Initiative, Business, Northern, American University, Orion Policy Institute, NATO, State Locations: Turkey, Russian, Israel, Iran, Iraqi Kurdistan, Ankara, Washington, Turkish, Qatar, Northern Iraq, Turkey's, Iraq, Moscow, Russia, NATO
It's too early to write off Turkey's Erdogan, consultancy says
  + stars: | 2024-04-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's too early to write off Turkey's Erdogan, consultancy saysWolfango Piccoli, co-president, political risk advisory at Teneo, discusses Turkey's opposition victory across several major cities in the country's local elections Sunday, which dealt a severe blow to President Recep Tayyip Erdogan's ruling party.
Persons: Turkey's Erdogan, Wolfango Piccoli, Recep Tayyip Erdogan's
Turkey's President's AK Party lost major local elections in Istanbul and Ankara. AdvertisementThe Turkish party led by President Recep Tayyip Erdoğan suffered big losses in local elections held on Sunday. But an opposition victory in the majority of the largest Turkish cities would have "a dampening effect on President Erdoğan's prestige at home," they wrote. Advertisement"The extent to which President Erdoğan can exercise his personal power at home will be a crucial factor that determines Turkey's international behavior," they added. To be sure, the elections on Sunday were local — Erdoğan already won the presidential election in May, securing another term for five years.
Persons: Turkey's, , Recep Tayyip Erdoğan, Ekrem Imamoğlu, Erdoğan, Vladimir Putin —, Putin, Marc Pierieni, Francesco Siccardi, Erdoğan's, Russia —, Hakan Akbas, Albright, Erdogan Organizations: Turkey's President's AK Party, Service, CHP, Reuters, AK Party, AFP, NATO, Erdoğan's AK Party, Turkish, Carnegie, West, Sunday, AK, Group, AK Party's Locations: Istanbul, Ankara, Russia, Turkey, Carnegie Europe, Ukraine, Moscow, Europe,
Erdogan's rival leads in Istanbul in high-stakes Turkey vote
  + stars: | 2024-03-31 | by ( ) www.cnbc.com   time to read: +2 min
Istanbul Mayor Ekrem Imamoglu led a challenger from President Tayyip Erdogan's AK Party in local elections on Sunday, an initial count showed, in a potential boost for the Turkish opposition's effort to reassert itself as a political force. In another blow to Erdogan, in the nation's second-largest city Ankara, incumbent opposition mayor Mansur Yavas declared victory over his AK Party (AKP) challenger less than three hours after polls closed in the nationwide municipal vote. The nationwide local elections are seen by analysts as a gauge of both Erdogan's support and the opposition's durability. Erdogan, who has led Turkey for more than two decades, campaigned hard for his party to reclaim control of Istanbul from rival Imamoglu, the incumbent mayor and potential future presidential challenger. According to official results based on 41.43% of ballot boxes opened, Imamoglu had 50% support compared with 41.26% for AK Party (AKP) challenger Murat Kurum, a former minister in Erdogan's national government.
Persons: Ekrem Imamoglu, Tayyip Erdogan's, Erdogan, Mansur Yavas, Imamoglu, Murat Kurum Organizations: Tayyip Erdogan's AK Party, AK Party, Anadolu Agency, Republican People's Party Locations: Istanbul, Turkish, Ankara, Turkey, Izmir, Bursa, Antalya, Adana
As the sunsets, a ferry boat glides across the waters of the Golden Horn with the Suleymaniye Mosque and the city of Istanbul, Turkey in the background. Vw Pics | Universal Images Group | Getty ImagesTurkish President Recep Tayyip Erdogan once said that whoever wins Istanbul wins Turkey. This is odd but also shows how important it is to win Istanbul," Tunca said. Major Turkish cities like Istanbul and the capital Ankara will be key races to watch. Istanbul Municipality Mayor Ekrem İmamoğlu speaks at the 19 May Commemoration of Atatürk, Youth and Sports Day celebrations held at the Maltepe Event Area on May 19, 2023 on Istanbul, Turkey.
Persons: Recep Tayyip Erdogan, Imamoglu, Erdogan, People's Party's, Murat Kurum, Arda Tunca, Volodymyr Zelenskiy, Tayyip Erdogan, Umit Bektas, Tunca, Kristin Ronzi, RANE, Erdogan's, Ekrem İmamoğlu, Hakan Akgun, Turkey's, Ronzi Organizations: Getty, Istanbul, sympathizing, Development Party, AK Party, Imamoglu, AK, CNBC, European Union, NATO, Reuters, Party, Imamoglu's CHP, Turkey's, CHP Locations: Istanbul, Turkey, Ukraine, Russia, Arab, Turkish, Ankara, East, North Africa
The alliance that helped propel Imamoglu to victory in Istanbul has since collapsed, and his nationalist and pro-Kurdish allies are fielding their own candidates this month. FRAGMENTED OPPOSITIONBut Imamoglu's hopes in Istanbul have been dented by the decision of the pro-Kurdish DEM Party and the Turkish nationalist IYI Party, whose voters supported him in 2019, to field their own candidates. Metropoll's latest survey showed support for Imamoglu among Kurdish voters had declined to 32% last month from 35% in January. Support among IYI party voters fell to 45% from 64%. Imamoglu has accused central government of hampering his delivery of services in Istanbul since 2019.
Persons: Tayyip Erdogan's, Ekrem Imamoglu, Erdogan, Imamoglu, pollsters MAK, Murat Kurum, pollster Murat Gezici, Kurum, Sencar, pollsters Metropoll, Imamoglu's, Ertan Aksoy, Canan Sevgili, Daren Butler, Gareth Jones Organizations: Birsen Altayli, AK Party, CHP, AKP, DEM Party, Turkish, IYI Party, Aksoy Research Locations: Birsen, Birsen Altayli ISTANBUL, Istanbul, Turkey's, Israel, Gaza, Ankara, Turkish, Imamoglu's, Turkey
ANKARA, Turkey (AP) — The work to tame inflation in Turkey — namely through interest rate hikes — will continue “with determination,” the country’s new central bank chief said Thursday, offering some certainty about efforts to right the battered economy following his precedessor's surprise resignation. The duty of the central bank is to ensure and maintain price stability,” Karahan told reporters in Turkey’s capital, Ankara. Erdogan, who has previously fired central bank governors who spurned his unorthodox policies, appointed the new economic team after getting reelected in May. The Turkish central bank most recently raised its key interest rate by 2.5 percentage points in January, when inflation reached nearly 65%. Despite such hikes, inflation remains high — consumer prices rose to an eye-watering 64.86% in January from a year earlier, according to figures released Monday, up from 64.77% in December.
Persons: Fatih Karahan, Goldman Sachs, Karahan, Mehmet Simsek, ” Karahan, Hafize Gaye Erkan, , Erkan, Recep Tayyip Erdogan's, Erdogan, ___ Robert Badendieck Organizations: Finance, Turkish Locations: ANKARA, Turkey, Ankara, Turkish, Ukraine, Istanbul
By Huseyin HayatseverANKARA (Reuters) - The Turkish parliament's general assembly is set to debate Sweden's NATO membership bid on Tuesday, three sources from parliament said. But NATO member Turkey raised objections over what it said was the two countries' protection of groups that Ankara deems terrorists. Erdogan sent Sweden's bid to parliament in October, but has also linked its ratification with U.S. approval of sales of F-16 fighter jets to Turkey. After talks with Turkish Foreign Minister Hakan Fidan earlier this month, U.S. Secretary of State Antony Blinken said he expected Turkey to ratify Sweden's NATO membership bid "in coming weeks." The parliament's foreign affairs commission approved the bid last month in the first step of the ratification process.
Persons: Huseyin Hayatsever, Tayyip Erdogan, Erdogan, Sweden's, Hakan Fidan, Antony Blinken, Christina Fincher Organizations: Turkish, NATO, Finland's, Kurdistan Workers ' Party, European Union, White House, U.S, Congress, Erdogan's AK Party, CHP Locations: Huseyin Hayatsever ANKARA, Sweden, Finland, Ukraine, Turkey, Ankara, Hungary, United States, Stockholm, Canada, Netherlands
BUDAPEST, Hungary (AP) — Turkish President Recep Tayyip Erdogan will visit Hungary's capital in December, his second trip to Budapest this year at a time when both countries remain the only NATO members not to have ratified Sweden's accession into the trans-Atlantic military alliance. It wasn't clear whether Erdogan and Orbán would discuss Sweden's NATO membership, which has been delayed for more than a year by Hungary and Turkey. Erdogan's government has delayed Sweden's ratification over accusations that Stockholm is too soft on Kurdish militants and other groups Turkey considers to be security threats. Finland became a NATO member in April after Turkey and Hungary were the last two members of the alliance to ratify the Nordic nation’s accession. Orbán's government has alleged that Swedish politicians have told “blatant lies” about the condition of Hungary’s democracy, but hasn't given specific conditions for approving Sweden's accession.
Persons: Recep Tayyip Erdogan, Erdogan, Bertalan Havasi, Viktor Orbán, Havasi didn't, Orbán, Hungary's, , ___ Suzan Fraser Organizations: NATO, Turkish Strategic Cooperation Council, Hungarian, ATV, Associated Press, Fidesz, Sweden’s Locations: BUDAPEST, Hungary, Budapest, Hungarian, Turkey, Stockholm, Sweden, Finland, Ukraine, , Ankara
A logo of Amundi is seen outside the company headquarters in Paris, France, February 3, 2023. "We have started to cover our underweight in Turkish lira a few weeks ago," Strigo told Reuters, referring to the process of taking a more positive view on the currency. Amundi, while the first major fund to formally declare its shift, is not alone in testing the waters, according to other foreign investors and bankers. "It is probably the easiest way for now," Strigo said about the use of FX forwards to express that balance. With the bank having lifted rates to 40% from 8.5% since June, Amundi thinks another hike next month could finish the job.
Persons: Sarah Meyssonnier, Sergei Strigo, Amundi's, Strigo, Tayyip Erdogan, Amundi, Goldman Sachs, Erdogan, sceptics, Central Bank Governor Hafize Gaye Erkan, Marc Jones, Karin Strohecker, Jonathan Spicer, Susan Fenton Organizations: REUTERS, Reuters, Investment, JPMorgan, FX, Graphics, Central Bank Governor, Reuters Graphics Reuters, Thomson Locations: Paris, France, Turkey, Turkish, New York, London, Istanbul
ANKARA, Turkey (AP) — Turkey’s central bank delivered another huge interest rate hike on Thursday as it tries to curb double-digit inflation that has left households struggling to afford food and other basic goods. The bank pushed its policy rate up by 5 percentage points, to 40%, marking its sixth big interest rate hike in a row focused on beating down inflation that hit an eye-watering 61.36% last month. President Recep Tayyip Erdogan has long been a proponent of an unorthodox policy of cutting interest rates to fight inflation and had fired central bank governors who resisted his rate-slashing policies. Other central banks around the world have raised interest rates rapidly to target spikes in consumer prices tied to the rebound from the COVID-19 pandemic and then Russia's war in Ukraine. Under Erkan’s tenure, the central bank has hiked its main interest rate from 8.5% to 40%.
Persons: Recep Tayyip Erdogan, Merrill Lynch, Mehmet Simsek, Hafize Gaye Erkan Locations: ANKARA, Turkey, Ukraine, U.S
Turkey's central bank raised interest rates by five percentage points on Thursday. It was the sixth consecutive rate hike and took the rate to 40%. AdvertisementANKARA, Turkey (AP) — Turkey's central bank delivered another huge interest rate hike on Thursday as it tries to curb double-digit inflation that has left households struggling to afford food and other basic goods. AdvertisementFollowing Erdogan's reelection in May, he appointed a new economic team, which has quickly moved toward reversing his previous policy of keeping interest rates low. Under Erkan's tenure, the central bank has hiked its main interest rate from 8.5% to 40%.
Persons: , Recep Tayyip Erdogan, Merrill Lynch, Mehmet Simsek, Hafize Gaye Erkan Organizations: Service Locations: ANKARA, Turkey, Ukraine, U.S
Menendez's removal could be a game-changer for two countries who have long sought US fighter jets. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . His removal could be a game-changer for Egypt and Turkey — two important but vexing US allies — when it comes to buying modern US-made fighter jets to upgrade their air forces. Turkey's F-16 prospectsA Turkish F-16 during a NATO Air Policing mission out of Poland in August 2021. It has ordered 54 French-made Rafale multirole jets in a bid to, at least partially, diversify its overwhelmingly American-made fighter arsenal.
Persons: Sen, Bob Menendez, Menendez, , Bob Menendez's, Turkey's, Cuneyt, Getty Images Menendez, Recep Tayyip Erdogan, Erdogan, Ben Cardin, Getty Images Cardin, Cardin, Ryan Bohl, RANE, Bohl, Frank McKenzie, Derek Seifert Cairo, Su, Paul Iddon Organizations: Foreign, Service, New, New Jersey Democrat, Senate Foreign Relations, NATO Air Policing, Anadolu Agency, Getty Images, Turkish, NATO, Turkish Air Force, East, Business, US Air Force KC, 135R, US Air Force, Getty, US Central Command, State Department, Air Force Locations: New Jersey, Egypt, Turkey, Turkish, Poland, NATO, coziness, Russia, Malbork, North Africa, Israel, Cairo, China, Dubai, United States, France
Tayyip Erdogan's first visit to Germany since 2020 comes ahead of municipal elections at which he hopes to win back the cities of Ankara and Istanbul. Erdogan will also need Chancellor Olaf Scholz's blessing if he is to buy the 40 Eurofighter Typhoon warplanes Turkey said on Thursday it wanted. In a sign of the visit's importance, Scholz took pains not to respond directly to Erdogan's loud condemnation of Israel's war against Hamas, in which many thousands of Palestinians have been killed. The response was decidedly mild given the fierce condemnation that far more muted criticisms of Israel typically draw in Germany, traditionally one of Israel's closest allies. Germany has expressed strong solidarity with Israel, while urging a focus on limiting the impact of the war on Gaza's civilians.
Persons: Tayyip Erdogan's, Erdogan, Olaf Scholz's, Scholz, Israel's, Israel, Aydin Yasar, It's, Thomas Escritt, Alexandra Hudson Organizations: Trade, European Union, Eurofighter Typhoon, Airbus, Hamas, German, SWP, NATO, Alexandra Hudson Our, Thomson Locations: Germany, Turkey, Gaza, BERLIN, Moscow, Ukraine, Berlin, Ankara, Istanbul, Israel, Turkish, Stockholm, Greece, Europe
Awkward Allies: Gaza Overshadows Erdogan's Germany Visit
  + stars: | 2023-11-16 | by ( Nov. | At P.M. | ) www.usnews.com   time to read: +4 min
Tayyip Erdogan's first visit to Germany since 2020 comes ahead of municipal elections at which he hopes to win back the cities of Ankara and Istanbul. In a sign of the visit's importance, Scholz took pains not to respond directly to Erdogan's loud condemnation of Israel's war against Hamas, in which many thousands of Palestinians have been killed. The response was decidedly mild given the fierce condemnation that far more muted criticisms of Israel typically draw in Germany, traditionally one of Israel's closest allies. Germany has expressed strong solidarity with Israel, while urging a focus on limiting the impact of the war on Gaza's civilians. With some three million people with Turkish roots in Germany such encounters are always fraught, but now the risk was judged too great.
Persons: Thomas Escritt BERLIN, Tayyip Erdogan's, Erdogan, Olaf Scholz's, Scholz, Israel's, Israel, Aydin Yasar, It's, Thomas Escritt, Alexandra Hudson Organizations: European Union, Eurofighter Typhoon, Airbus, Hamas, German, SWP, NATO Locations: Moscow, Ukraine, Germany, Berlin, Ankara, Istanbul, Turkey, Israel, Gaza, Turkish, Stockholm, Greece, Europe
Sweden's NATO bid delayed in Turkish parliament
  + stars: | 2023-11-16 | by ( Huseyin Hayatsever | ) www.reuters.com   time to read: +4 min
REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsANKARA, Nov 16 (Reuters) - The Turkish parliament's foreign affairs commission delayed a vote on Sweden's NATO membership bid on Thursday in a further setback to the Nordic country's hopes of joining the Western alliance after 18 months of waiting. "For all of our lawmakers to approve Sweden's NATO membership, they need to be fully convinced. While there is no clear timeframe on approving the purchase request for the F-16s, Ankara has linked the issue to Sweden's bid. Some analysts say Turkey's parliament could fully ratify the bid by a NATO foreign ministers meeting in Brussels on Nov. 28-29. While NATO member Hungary has also not ratified Sweden's membership, Turkey is seen as the main roadblock to Sweden's accession.
Persons: Dado Ruvic, Fuat Oktay, Tayyip Erdogan's, Oktay, Erdogan, Finland's, Burak, Ali Sahin, Huseyin Hayatsever, Jonathan Spicer, Christina Fincher Organizations: NATO, REUTERS, Rights, Nordic, Kurdistan Workers, European Union, AK Party, White, Sweden's, Thomson Locations: Rights ANKARA, Turkish, Swedish, Sweden, Finland, Ukraine, Turkey, embargoes, United States, Stockholm, Canada, Netherlands, Ankara, Brussels, Gaza, Moscow, Russia, Hungary, U.S, Hungarian, Budapest
NATO, Turkish, Swedish and Finnish flags are seen in this illustration taken May 18, 2022. Last year, Stockholm reversed a ban on exporting military equipment to Turkey, without revealing details of companies or products. WHAT HAVE OTHER NATO MEMBERS DONE? In October, Erdogan sent Sweden's NATO bid to Turkey's parliament for consideration. But it has faced objections in the U.S. Congress over Turkey's delaying NATO enlargement and its human rights record.
Persons: Dado Ruvic, Tayyip Erdogan, Erdogan, Gunnar Strommer, Jens Stoltenberg, Thomas Goffus, Huseyin Hayatsever, Jonathan Spicer, Alex Richardson Organizations: REUTERS, Rights, Turkish, NATO, Stockholm, Kurdistan Workers ' Party, European Union, Canada, SWEDEN GO, U.S . Congress, Kurdish, Hamas, U.S, Thomson Locations: Rights ANKARA, Ukraine, Turkey, Hungary, Sweden, Stockholm, Helsinki, Washington, SWEDEN, FINLAND, Madrid, Finland, Kurdistan, Ankara, United States, Netherlands, Brussels, Gaza
Turkey's Erdogan calls Israel 'terror state', slams West
  + stars: | 2023-11-15 | by ( ) www.reuters.com   time to read: +2 min
ANKARA, Nov 15 (Reuters) - Turkish President Tayyip Erdogan said on Wednesday Israel was a "terror state" committing war crimes and violating international law in Gaza, sharpening his repeated criticism of Israeli leaders and their backers in the West. Britain, the United States, European Union and some Arab states deem Hamas a terrorist group, unlike Turkey. "With the savagery of bombing the civilians it forced out of their homes while they are relocating, it is literally employing state terrorism," Erdogan said of Israel in parliament. "I am now saying, with my heart at ease, that Israel is a terror state". "The West, namely the United States, is unfortunately still seeing this issue backwards," Erdogan said.
Persons: Tayyip Erdogan, Olaf Scholz, Erdogan, Israel, Benjamin Netanyahu, Netanyahu, Huseyin Hayatsever, Andrew Cawthorne, Toby Chopra Organizations: Israel, Palestinian, Hamas, International Court of Justice, European, Thomson Locations: ANKARA, Gaza, Germany, The Hague, Britain, United States, European Union, Turkey, Ankara, Israel, Western
Murat... Acquire Licensing Rights Read moreANKARA, Nov 10 (Reuters) - Turkish President Tayyip Erdogan waded into a brewing judicial crisis on Friday, criticising the Constitutional Court for "many mistakes" and backing an unprecedented challenge to it by an appeals court, as opponents marched in Ankara. In a twist - which critics said highlighted the diminished state of Turkey's legal system - the top appeals court said the Constituional Court's ruling was unconstitutional. "The Constitutional Court cannot and should not underestimate the step taken by the Court of Cassation on this matter," he said. They were headed to the appeals court and video showed they were briefly delayed by police. "The Court of Cassation's backlash (...) is an open and combative attack against the Constitutional Court," said Bertil Oder, professor of constitutional law at Koc University.
Persons: Tayyip Erdogan, Ozgur Ozel, Mustafa Kemal Ataturk, Murat, Tayyip Erdogan waded, Erdogan, Osman, Bertil Oder, intimidates, Ezgi Erkoyun, Jonathan Spicer, Emelia Sithole Organizations: Republican People's Party, Cassation, Constitutional, AK Party, Union, Koc University, Thomson Locations: Ankara, Turkey, ANKARA, Uzbekistan
Turkey's main opposition Republican People's Party (CHP) leader Kemal Kilicdaroglu attends a swearing-in ceremony as he is accompanied by Ozgur Ozel at the Turkish parliament in Ankara, Turkey, June 2, 2023. REUTERS/Umit Bektas/file photo Acquire Licensing RightsANKARA, Nov 4 (Reuters) - Turkey's main opposition Republican People's Party (CHP) on Sunday elected Ozgur Ozel as its new leader, ending a 13-year term for incumbent Kemal Kilicdaroglu, as the country gears up for local elections next March. Ozel, 49, has been serving as the CHP's deputy parliamentary group chairman since 2015 and has been a lawmaker since 2011. Ozel, a pharmacist by trade, received 812 of 1,366 possible votes at a tense, hours-long party congress in Ankara that took two rounds. Imamoglu supported Ozel in a push for change at the CHP that has long been bogged down by in-fighting.
Persons: Kemal Kilicdaroglu, Ozgur Ozel, Umit, Tayyip Erdogan, Ozel, Kilicdaroglu, Istanbul Mayor Ekrem Imamoglu, Imamoglu, Erdogan, Mustafa Kemal Ataturk, Ozer Sencar, pollster Metropoll, Sencar, Daniel Wallis, Hugh Lawson, David Evans Organizations: Republican People's Party, Turkish, REUTERS, Rights, Sunday, Istanbul Mayor, CHP, Thomson Locations: Ankara, Turkey, Rights ANKARA, Ozel, Istanbul, Black Sea, Rize, Turkey's
Turkish President Tayyip Erdogan addresses members of parliament from his ruling AK Party (AKP) during a meeting at the Turkish parliament in Ankara, Turkey, October 25, 2023. Political analysts said his planned address in Istanbul aimed to reinforce his growing criticism of Israel's bombardment of the Gaza Strip and to overshadow Sunday's celebrations marking Turkey's secular roots. Turkey has condemned Israeli civilian deaths caused by Hamas's Oct. 7 rampage through southern Israel, but Erdogan this week called the militant group Palestinian "freedom fighters". ATATURK LEGACYThis week, Erdogan invited all Turks to attend the rally where he said "only our flag and the Palestine flag will wave". Erdogan, Turkey's longest-serving leader, and his Islamist-rooted AK Party have eroded support for the Western-facing ideals of Ataturk, who is revered by most Turks.
Persons: Tayyip Erdogan, Murat Cetinmuhurdar, Erdogan, Israel, Sinan Ulgen, Ulgen, ATATURK, Mustafa Kemal Ataturk, Turkey's, Ataturk, Asli Aydintasbas, Gumrukcu, Jonathan Spicer, Helen Popper Our Organizations: AK Party, Turkish, REUTERS, Hamas, Gaza, Hamas's, Jerusalem, NATO, European Union, Centre for Economic, Foreign Policy Studies, Brookings, Thomson Locations: Ankara, Turkey, Handout, Israel Turkey, ISTANBUL, Israel, Istanbul, Italy, Turkish, Palestine, Washington
A logo of Turkey's Central Bank is pictured at the entrance of its headquarters in Ankara, Turkey October 15, 2021. The bank's policy committee repeated it is ready to raise rates further as needed to curb inflation, which climbed to an annual rate of 61.53% in September and is expected to rise into next year. It has weakened some 70% in two years, largely due to President Tayyip Erdogan's long-standing opposition to high rates and influence over the central bank. Erdogan chose former Wall Street banker Hafize Gaye Erkan as central bank chief after his May re-election. She has led a policy U-turn to relieve an economy strained by depleted FX reserves and surging inflation expectations.
Persons: Cagla, Tayyip Erdogan's, Erdogan, Hafize Gaye Erkan, Daren Butler, Jonathan Spicer Organizations: Turkey's Central, REUTERS, Rights, Wall Street, Thomson Locations: Ankara, Turkey, Rights ISTANBUL
Turkey's Erdogan says Hamas is not a terrorist organisation
  + stars: | 2023-10-25 | by ( ) www.reuters.com   time to read: +2 min
NO ARCHIVES Acquire Licensing RightsANKARA, Oct 25 (Reuters) - Turkish President Tayyip Erdogan, in his strongest comments yet on the Gaza conflict, said on Wednesday the Palestinian militant group Hamas was not a terrorist organisation but a liberation group fighting to protect Palestinian lands and people. "Hamas is not a terrorist organisation, it is a liberation group, 'mujahideen' waging a battle to protect its lands and people," he said, using an Arabic word denoting those who fight for their faith. Erdogan also slammed Western powers that have voiced support for Israel's retaliation against Hamas, saying "Western tears shed for Israel are a manifestation of fraud". Many of Turkey's NATO allies consider Hamas a terrorist group, and Erdogan's comments drew a swift rebuke from Italy's Deputy Prime Minister Matteo Salvini, who said they were "grave and disgusting and did not help with de-escalation". Erdogan accused Israel of taking advantage of Turkey's good intentions.
Persons: Tayyip Erdogan, Murat Cetinmuhurdar, Erdogan, Matteo Salvini, Antonio, Tajani, Salvini, Israel, Gumrukcu, Huseyin Hayatsever, Daren Butler, Gareth Jones Organizations: AK Party, Turkish, REUTERS, Rights, Palestinian, Hamas, AK, NATO, Ece Toksabay, Thomson Locations: Ankara, Turkey, Handout, Rights ANKARA, Gaza, Israel, Turkish, Gaza . Turkey
Turkey's President Tayyip Erdogan addresses members of parliament as he attends the reopening of the Turkish parliament after the summer recess in Ankara, Turkey, October 1, 2023. Murat Cetinmuhurdar/PPO/Handout via REUTERS/File Photo Acquire Licensing RightsANKARA, Oct 20 (Reuters) - Turkish President Tayyip Erdogan on Friday called on Israel to stop its attacks on Gaza, which he said amounted to genocide, and urged governments worldwide to work for a humanitarian ceasefire in the region. It has offered to mediate and has sent humanitarian aid for the Gaza Strip that is stuck in Egypt because borders are closed. Erdogan also said Ankara was working to end the fighting before it reached "a point of no return". Turkish Foreign Minister Hakan Fidan on Friday criticized Wednesday's visit by U.S. President Joe Biden to Israel.
Persons: Tayyip Erdogan, Murat Cetinmuhurdar, Erdogan, Abdel Fattah al, Sisi, Hakan Fidan, Wednesday's, Joe Biden, Israel, Biden, Fidan, Jonathan Oatis, Grant McCool Organizations: REUTERS, Rights, Hamas, Gaza, Twitter, U.S, America, Thomson Locations: Turkish, Ankara, Turkey, Handout, Rights ANKARA, Israel, Gaza, Egypt
However since parliament opened on Oct. 1, its foreign affairs commission, which would debate the NATO bid, has received almost 60 international agreements to review - excluding Sweden's, official data shows. A second person familiar with U.S.-Turkish talks said a rough proposal - in which each side would take steps toward ratifying the NATO bid on the one side, and the F-16s purchase on the other - had been delayed. IN NO RUSHTurkey, NATO's second-biggest military, is still expected to ultimately endorse Sweden's bid and could rapidly move on it. Addressing the drone incident, which occurred near U.S. troops on Oct. 5, Erdogan said last week: "Isn't Turkey a NATO ally of the U.S.? Finnish membership was sealed in April, marking an historic expansion of the Western defence bloc, but Sweden's bid remains held up by Turkey and Hungary.
Persons: Tayyip Erdogan, Ulf Kristersson, Jens Stoltenberg, Yves Herman, Joe Biden, RUSH Turkey, NATO's, Sweden's, Erdogan, Yasar Guler, Humeyra Pamuk, Simon Johnson, Bernadette Baum Organizations: NATO, REUTERS, Rights, Washington, State Department, AK Party, U.S, U.S . State Department, RUSH, Kurdistan Workers Party, European Union, Turkish Defence, Swedish, U.S . Senate, White House, Lockheed Martin Corp, Palestinian, Hamas, aircraft, Thomson Locations: Swedish, Vilnius, Lithuania, Rights ANKARA, Turkey, Sweden, Ankara, United States, Syria, U.S, NATO, Finland, Russia, Ukraine, Hungary, Brussels, Stockholm, Helsinki, Iraq, Gaza, Riyadh
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