Recep Tayyip Erdogan

Global Economy

Briefs

SINGAPORE (Oct 21): “Where there is a will, there is a #deal — we have one!” — Jean-Claude Juncker, president of the European Commission, following the European Union’s draft Brexit deal with the UK.

Geopolitics

Trump warns Erdogan not to be 'tough guy' or 'fool,' seeks deal

(Oct 17): President Donald Trump wrote a letter to Turkish leader Recep Tayyip Erdogan calling on him to “work out a good deal!” and warning him not to be a “tough guy” or “fool.”

Geopolitics

Turkey says its military will cross Syrian border 'shortly'

(Oct 9): Turkey said its military will cross the border with northeast Syria “shortly”, aiming to push back Kurdish militants days after the US said it wouldn’t stand in the way.

Forex

Turkish Lira drops as traders fret over Turkish Central Bank credibility

(July 8): The lira slumped more than 3% after President Recep Tayyip Erdogan’s shock decision to replace the country’s central bank governor fuelled concern the regulator will lower borrowing costs by more than expected.

Currencies

Turkey aside, which other EM economies have been swimming naked at high tide?

(Aug 17) : The US is ready to slap Turkey with more sanctions if President Recep Tayyip Erdogan refuses the quick release of an American pastor, escalating a diplomatic rift that has roiled global financial markets.

Currencies

Qatar comes to the rescue of Turkey with US$15b investment package; lira rallies

ISTANBUL (Aug 16): The United States on Wednesday ruled out removing steel tariffs that have contributed to a currency crisis in Turkey if Ankara frees a US pastor, as Qatar pledged US$15 billion ($21 billion) in investment to Turkey, supporting a rise in

Currencies

Mobius warns of 'real possibility' of capital controls in Turkey

(Aug 14): There’s a “real possibility” Turkey will impose capital controls to stem the plunge in the lira, which would be bad for the whole developing-nation asset class, said veteran emerging-markets investor Mark Mobius.

Currencies

Lira extends slide as Erdogan says Turkey in economic war

(Aug 13): Turkey’s lira slumped for a fourth day to a new record low, with the selloff spreading to other emerging-market currencies, after the country’s president showed no signs of backing down in a standoff with the US.

Russian ambassador shot dead in turkey as Syria roils region

ISTANBUL/ANKARA (Dec 20): Russia’s ambassador was shot dead in the Turkish capital on Monday in an assassination apparently linked to Syria’s civil war, heightening tensions over a conflict that’s drawn in almost all the region’s main powers.
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