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”

Democracy slipping away at record rate, intergovernmental body warns

A greater number of countries are sliding towards authoritarianism, while the number of established democracies under threat has never been so high, the International Institute for Democracy and Electoral Assistance (IDEA) said on Monday. Populist politics, the use of COVID-19 pandemic restrictions to silence critics, a tendency of countries to mimic the anti-democratic behaviour ofContinue reading “Democracy slipping away at record rate, intergovernmental body warns”

Erdogan says Turkey is set to banish 10 Western ambassadors

Kavala has been in prison since late 2017 He denies charges of role in failed coup and mass protests Rights groups say case emblematic of crackdown in Turkey Turkish President Tayyip Erdogan said on Saturday he had ordered the foreign ministry to declare 10 ambassadors from Western countries ‘persona non grata’ for calling for theContinue reading “Erdogan says Turkey is set to banish 10 Western ambassadors”

Two Hindu men killed, temples vandalised in Bangladesh violence

Religious violence erupts after photo widely circulated on social media shows the Quran placed on the knee of a Hindu deity. Police in Bangladesh have detained at least 300 suspects after two Hindu men were killed and temples vandalised following unrest triggered by the alleged desecration of the Muslim holy book during a Hindu religiousContinue reading “Two Hindu men killed, temples vandalised in Bangladesh violence”

Cyprus’ top diplomat: Turkey is creating new Ottoman empire

The foreign minister of the divided island of Cyprus is accusing Turkey’s president of attempting to promote a new Ottoman empire in the eastern Mediterranean and the Middle East — and says such an approach to geopolitics could adversely impact regional security. Nikos Christodoulides, whose Mediterranean island nation is divided into a breakaway Turkish CypriotContinue reading “Cyprus’ top diplomat: Turkey is creating new Ottoman empire”

Greece completes border wall extension to deter potential Afghan migrants

Greece said on Friday it had completed a 40-km fence on its border with Turkey and a new surveillance system was in place to stop possible asylum seekers from trying to reach Europe following the Taliban’s takeover of Afghanistan. Events in Afghanistan have fuelled fears in the European Union of a repeat of the 2015Continue reading “Greece completes border wall extension to deter potential Afghan migrants”

U.S. adds Turkey to list of countries implicated in use of child soldiers

The United States on Thursday added Turkey to a list of countries that are implicated in the use of child soldiers over the past year, placing a NATO ally for the first time in such a list, in a move that is likely to further complicate the already fraught ties between Ankara and Washington. TheContinue reading “U.S. adds Turkey to list of countries implicated in use of child soldiers”

Turkish Women March as Ankara Quits Domestic Violence Treaty

Thousands of Turkish women took to the streets on the day Ankara pulled out of the so-called Istanbul Convention on women’s rights and domestic violence, despite the best efforts of police to stop them. Tens of thousands of Turkish women rallied across the country on Thursday evening to protest the government’s decision to pull outContinue reading “Turkish Women March as Ankara Quits Domestic Violence Treaty”

Giuliani facing inquiry into whether he lobbied Trump for Turkey

Rudy Giuliani is the subject of a Justice Department inquiry into possible foreign lobbying for Turkish interests separate from a criminal probe of his activities in Ukraine, according to people familiar with the matter. For almost a year, the former New York mayor and personal lawyer to Donald Trump has been fielding questions about whetherContinue reading “Giuliani facing inquiry into whether he lobbied Trump for Turkey”

Women protest Erdogan’s withdrawal from Istanbul Convention on gender-based violence

Women in Istanbul took to the streets on Saturday to protest Turkish President Recep Tayyip Erdogan’s decision to withdraw from the Istanbul Convention, effective July 1. Established by the Council of Europe in 2011, the convention targets violence against women and domestic violence. Protesters gathered on the streets of Istanbul on Saturday to voice their anger atContinue reading “Women protest Erdogan’s withdrawal from Istanbul Convention on gender-based violence”

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