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Turkey’s Erdogan Raises Coup Clashes in Warning Rivals Against Protests

President Recep Tayyip Erdogan delivered a stern warning for any Turkish citizens preparing to protest against his government, as anger rises over soaring inflation and opposition parties step up their criticism of economic policy. In a televised speech in Ankara on Tuesday, Erdogan said supporters of his AK Party and its nationalist ally remained united,Continue reading “Turkey’s Erdogan Raises Coup Clashes in Warning Rivals Against Protests”

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Turkish lira in historic 15% crash after Erdogan stokes fire sale

Lira has shed 45% vs dollar this year, worst in world Central bank has slashed policy rate 400 points since Sept Turks say household budgets, future plans in turmoil Ex-central banker calls for end to ‘irrational experiment’ Erdogan insists tighter policy will not lower inflation Turkey’s lira nose-dived 15% on Tuesday in its second-worst dayContinue reading “Turkish lira in historic 15% crash after Erdogan stokes fire sale”