Turkish lira witnesses record low ahead of presidential election runoff
Synopsis by Reuters May 26 23
The Turkish lira hit a record low beyond 20 against the dollar on Friday, ahead of this weekend's presidential election runoff that will decide whether ...Read full article 
Reuters: Turkish lira hits record low beyond 20 vs dollar ahead of election runoff
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| Last Updated | May 27 23 |
| Total Articles | 6 |
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Turkish lira Hits Record low beyond 20 vs dollar ahead of Election Runoff: ISTANBUL (Reuters) – The Turkish lira hit a record low beyond 20 against the dollar on ...
japannews.yomiuri.co.jp/news-services/reuters/20230527-112289/
Turkish lira witnesses record low ahead of presidential election runoff: Turkish lira witnesses record low ahead of presidential election runoff
wionews.com/world/turkish-lira-witnesses-record-low-ahead-of-presidential-election-runoff-596942
Market jitters push Turkish lira to fresh low ahead of presidential vote: Currency falls to 20 to the dollar for the first time
ft.com/content/2d25afa2-a178-48fb-8974-c0ca32044ac5
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Turkish lira Hits Record low beyond 20 vs dollar ahead of Election Runoff: ISTANBUL (Reuters) – The Turkish lira hit a record low beyond 20 against the dollar on ...
japannews.yomiuri.co.jp/news-services/reuters/20230527-112289/
Turkish lira witnesses record low ahead of presidential election runoff: Turkish lira witnesses record low ahead of presidential election runoff
wionews.com/world/turkish-lira-witnesses-record-low-ahead-of-presidential-election-runoff-596942
Market jitters push Turkish lira to fresh low ahead of presidential vote: Currency falls to 20 to the dollar for the first time
ft.com/content/2d25afa2-a178-48fb-8974-c0ca32044ac5
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Turkey's long-term president: Erdoğan attacks Netanyahu and accuses the West of double standards
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Turkey: new foreign policy is an opportunity for the EU and the West: After years of a rather confrontational foreign policy, Erdogan is once again focusing on ...
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Quick Glance: Turkey: New Foreign Policy as Opportunity for EU and West
- Erdogan shifts towards a more conciliatory foreign policy and re-engages with the West. Europe should support this reorientation as Turkey remains a key player in the region.
- Turkey recently ratified Sweden's NATO membership and was rewarded with the promise of new fighter jets from the US Congress.
- Turkey aims for relaxation in relations with Greece and in the conflict between Azerbaijan and Armenia. However, the reliability of this new harmony remains uncertain.
- Turkey relies heavily on the EU economically and seeks a new customs agreement. Its flexible approach in foreign policy is evident, especially in the Middle East and North Africa.
Islamist NGO purchases 3 ships to sail to Gaza, awaits Erdogan's approval - Nordic Monitor
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Turkey’s Erdogan: Israel’s Netanyahu solely responsible for recent Mideast tensions
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Ekrem İmamoğlu, the Istanbul mayor facing down Erdoğan: His victory in local elections comes at a pivotal moment for Turkey’s opposition
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Quick Glance: Ekrem İmamoğlu: The Istanbul Mayor in Confrontation with Erdoğan
- Imamoğlu's victory in the local elections marks a pivotal moment for Turkey's opposition. Despite Erdogan's efforts to reclaim Istanbul, Imamoğlu stood his ground, becoming Erdogan's arch-rival and a potential future presidential candidate.
- Imamoğlu's broad appeal enabled him to defeat Murat Kurum, Erdogan's AKP candidate, by a 12-percentage point margin. His winning streak reflected CHP victories nationwide, with Istanbul being a key focal point.
- Imamoğlu's diverse background has helped him reach a wide base. His social democratic ideology, combining free-market principles with state support, is a central aspect of his political identity.
- Despite increasing pressure from Erdogan through legal challenges and political maneuvers, Imamoğlu remains a standout politician, having been the only one to repeatedly beat Erdogan and potentially shaping the future of Turkey.
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Quick Glance: Joe Biden Calls for Significant Increase in Tariffs on Chinese Steel
- US President Joe Biden is pushing for an increase in tariffs on Chinese steel and aluminium to strengthen union support in the swing state of Pennsylvania.
- During a meeting with United Steelworkers union members in Pittsburgh, Biden calls on trade representative Katherine Tai to raise the tariffs from the current average of 7.5 percent.
- The main focus of the measures is to combat China's new export surge and the ongoing price pressure that makes it difficult for American steel companies to compete.
- The Biden administration's decision to increase tariffs is expected to impact recent efforts by Washington and Beijing to stabilize relations.
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Erdoğan to host talks with Hamas leader in Istanbul: President Recep Tayyip Erdoğan and Ismail Haniyeh, leader of the Palestinian resistance group Hamas ...
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Iranians lead surge in foreign-owned businesses launched in Turkey, prompting security concerns - Nordic Monitor
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Finance Minister Şimşek denies ‘crisis’ with Erdoğan over monetary policy: Turkey’s Treasury and Finance Minister Mehmet Şimşek has denied allegations of a ...
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Erdoğan attributes local election defeat to AKP supporters’ abstention: Turkish President Erdoğan has attributed his party’s local election defeat to AKP ...
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Justice minister denies that civil servant interviews included questions on Erdoğan's family
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Turkey's central bank records $25B loss for 2023: Turkey's central bank reported a loss of 818.2 billion Turkish lira ($25.25 billion) for 2023 ...
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Erdogan continues to provide sanctuary to radical Kuwaiti cleric Hakim al-Mutairi in Turkey - Nordic Monitor
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Quick Glance: Erdogan's Support for Radical Cleric Hakim al-Mutairi in Turkey
- Turkey shelters radical Kuwaiti cleric Hakim al-Mutairi, linked to al-Qaeda and facing charges in Kuwait.
- Al-Mutairi in Turkey promotes radical ideologies, meets Turkish officials, and receives government support.
- Despite a life sentence in Kuwait, Turkish deportation reversed after Erdogan government intervention.
- Al-Mutairi collaborates with Turkish officials, supports Erdogan, and has ties to extremist groups like al-Qaeda and the Muslim Brotherhood.
Erdogan government allowed Turkish soldiers to be killed by ISIS despite being able to rescue them - Nordic Monitor
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Quick Glance: Erdogan Government Negligence in Turkish Soldiers' Deaths by ISIS
- The Turkish government allegedly failed to rescue two soldiers before their killing by the Islamic State in Iraq and Syria (ISIS) in 2016. Their bodies were reportedly buried secretly in a region of Syria controlled by the Turkish intelligence without being brought back to Turkey or informing the families.
- Veteran journalist Adem Yavuz Arslan claimed that Turkish intelligence officials negotiating with ISIS argued that the survival of two more soldiers was not a top priority due to existing casualties. After a video documenting the soldiers' deaths led to public outcry, the government restricted internet access.
- The Turkish General Staff neither confirmed nor denied the authenticity of the video but visited one soldier's family to declare him a 'martyr.' Further controversies arose from the arrest of the ISIS judge in Turkey responsible for the soldiers' deaths and the involvement of government officials in the negotiations with ISIS.
- Despite evidence linking the Erdogan government to armed jihadist groups, the judge was temporarily released and later sentenced to life imprisonment. This case highlighted the government's controversial dealings with extremist elements and the consequences of negligence in protecting Turkish soldiers.
The Turkish opposition’s stunning turnround: President Erdoğan must resist returning to populist policies, and stifling his competitors
ft.com/content/86c3f1cb-5d40-49dd-8971-66565577f4ae
Quick Glance: The Turkish opposition’s remarkable transformation
- President Erdoğan should avoid reverting to populist policies and suppressing his competitors.
- In a remarkable shift in its fate, the opposition Republican People’s party (CHP) secured 38 percent of the national votes, while support for the AKP dropped to 35 percent.
- The outcomes of the local elections have demonstrated that millions of Turks still believe in the power of the ballot box and are willing to utilize it to express their dissatisfaction with the president and his AKP's governance.
- It is crucial for Erdoğan to maintain the economic course and resist any temptation to return to his detrimental past policies. This would have dire consequences for Turkey. Additionally, there should be no endeavor to utilize state tools to undermine the opposition's achievements.
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Paid articlePaidQuick Glance: Erdogan's Fate after Turkey's Local Elections
- Opposition celebrates surprise victory in Turkish local elections as AKP falters
- CHP wins 35 mayor positions, including Istanbul and Ankara
- Media sees Erdogan's power diminishing and speculates on possible consequences
- Erdogan announces self-criticism and may resort to nationalist foreign policy to sway public opinion
Akşener ‘infiltrated’ opposition alliance with Erdoğan’s instruction, former İYİ MP suggests
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Quick Glance: Akşener Allegedly Infiltrated Opposition Alliance on Erdogan's Orders
- Former İYİ Party deputy Aytun Çıray suggested that party leader Meral Akşener 'infiltrated' the opposition alliance Table of Six with President Erdoğan's instruction.
- Çıray mentioned that Erdoğan began influencing the İYİ Party after the successful 2019 local elections where the opposition won Istanbul and Ankara municipalities.
- He emphasized the possibility of direct infiltration at the highest level and the likelihood of more information surfacing in the future.
- Akşener's temporary departure from the alliance before the 2023 elections raised questions about the unity of the alliance and potentially played a role in Kılıçdaroğlu's defeat against Erdoğan.
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CHP head Özel criticizes Turkish electoral authority for dismissing Hatay objection
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Turkey's judiciary has become a tool of tyranny under Erdogan's rule - Nordic Monitor
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- Following extensive negotiations on the safety of merchant shipping in the Black Sea, an agreement was reached in March but was rejected by Kyiv at the eleventh hour.
- The United Nations and Turkey played crucial roles in mediating the talks.
- Shortly after the deal fell through, Russia initiated targeted attacks on ports in southern Ukraine.
- Even though Ukraine did not formally sign the document, it agreed for Turkish President Recep Tayyip Erdogan to make the announcement on March 30.
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Israel will ‘pay’ for Gaza atrocities, Erdoğan tells Abbas: Israel will pay for the atrocities it has committed in the Gaza Strip for the past six months ...
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Erdoğan urges global action against Israel's war - Türkiye News: President Recep Tayyip Erdogan has issued a call to the global community to condemn the ...
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Türkiye, US talk ahead of Erdoğan’s expected visit to Washington - Türkiye News: Senior Turkish and American diplomats have exchanged views on unfolding ...
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Erdogan hints at potential visit to northern Iraq's Erbil after talks in Baghdad: Recep Tayyip Erdogan says Ankara, Baghdad are working together to solve water ...
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Local elections in Turkey: Opposition celebrates, defeat for Erdoğan: In the local elections in Turkey there are signs of a clear defeat for President Erdoğan's ...
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Erdoğan relaunches diplomatic blitz for global peace: After a brief pause during local elections, President Recep Tayyip Erdoğan is set to tour the world and ...
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Erdoğan's son-in-law, manufacturer of military drones, joins billionaires list - Nordic Monitor
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Quick Glance: Erdoğan's Son-in-Law, Drone Manufacturer, Makes Billionaires List
- Selçuk Bayraktar, the chairman of Baykar, a Turkish defense contractor, and also the son-in-law of Turkish President Recep Tayyip Erdogan, appears on Forbes’ latest billionaire list.
- Bayraktar has a majority share of 52.5 percent in Baykar, where he also holds the position of chairman and serves as the company’s chief technology officer.
- Baykar’s drones have been exported to over 30 countries and have been actively used in conflicts in Nagorno-Karabakh between Armenian and Azerbaijani forces in 2020 as well as Libya and Ukraine.
- Selçuk Bayraktar and his family are criticized for the government’s alleged lack of attention and support for drone projects of other private and public companies.
Erdoğan tells Pope the reaction needed to stop violations in Gaza: Underlining that killing is forbidden in Abrahamic faiths, President Recep Tayyip Erdoğan ...
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Greece-Turkey: Discussion on maritime zones delimitation should wait: It’s been more than a year of calm waters between Greece and Turkey and suddenly tensions ...
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U.K. Tells Israel: Do “As Little as Possible to Escalate” Tensions with Iran: Tension remains high in the Middle East as world leaders urge Israel to show ...
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Quick Glance: Israel artist calls for Gaza ceasefire
- The representative of Israel at the international art fair is calling for an immediate ceasefire in Israel’s war on Gaza.
- Ruth Patir’s video installation called (M)otherland was scheduled to open on Saturday at Israel’s national pavilion at the international art show but will remain closed for now.
- Patir stated on her website that the artist and curators are showing solidarity with the families of the hostages and the large community in Israel calling for change, rather than canceling themselves or the exhibition.
- It is believed that there are still individuals in Gaza, including 129 captives taken during the attacks led by Hamas on Israel on October 7, with 34 of them presumed dead.
Muslim unity needed to end Israel's attacks on Gaza: Erdoğan to MBS: President Recep Tayyip Erdoğan highlighted the importance of unity among Muslim countries in ...
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Turkish President Erdogan welcomes Tanzanian President Hassan with official ceremony
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Defeat for Erdogan in Turkey: Istanbul celebrates Ekrem İmamoğlu: In Istanbul, Mayor Ekrem İmamoglu is celebrating the victory of his opposition party in the ...
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Erdogan’s foreign policy: Continuity amid electoral setback and global engagements
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President Erdoğan decries US opposition to Palestine UN bid: Speaking to reporters on Friday, President Recep Tayyip Erdoğan lamented the United States’ ...
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Terrorism out, oil in: Output in Türkiye's southeast hits new peak: Şırnak, a southeastern province of Türkiye that long struggled with a significant terrorist ...
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Egyptian FM to visit Türkiye for talks on Mideast tensions: Egyptian Foreign Minister Sameh Shoukry and his Turkish counterpart are expected to discuss ...
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'Israel trying to spread conflict across region through provocations': President Recep Tayyip Erdoğan criticized Israel for trying to spread conflict across the ...
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Turkey, Israel, and Erdogan’s post-election challenges | eKathimerini.com: Sinan Ciddi, a non-resident senior fellow at the Foundation for Defense of Democracies ...
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In a first since 1994, CHP wins Beyoğlu, Istanbul’s beating heart: Oppositional candidate İnan Güney won Istanbul’s central Beyoğlu district with a wide margin ...
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Quick Glance: CHP Secures Beyoğlu in Istanbul Since 1994
- Turkey’s local elections on March 31 dealt a significant blow to President Recep Tayyip Erdoğan, as the candidate of the main opposition party Republican People’s Party (CHP), Ekrem İmamoğlu, comfortably secured reelection as the Mayor of Istanbul.
- Additionally, the CHP successfully captured several conservative strongholds in Istanbul, Beyoğlu among them, the iconic heart of the metropolis, which is a first for the secular party since 1994.
- İnan Güney, the CHP candidate, achieved victory with a significant margin of 49.22% against the incumbent Mayor Haydar Ali Yıldız from the ruling AKP, who only received 40% of the votes from a constituency of over 167,000 voters.
- Güney, a financial advisor and a member of the Istanbul municipality assembly, emphasized his long-term residency in the district during his campaign.
Erdoğan: Our democracy is winner of elections - Türkiye News: President Recep Tayyip Erdoğan hailed the democratic process in Türkiye after local elections ...
hurriyetdailynews.com/erdogan-our-democracy-is-winner-of-elections-192058
Presidential decree restructures Foreign Ministry - Türkiye News: President Recep Tayyip Erdoğan has signed a presidential decree bringing significant structural ...
hurriyetdailynews.com/presidential-decree-restructures-foreign-ministry-192238
Greece goes ahead with marine park project despite Turkish objection: Greece will be able to build two new major marine parks announced earlier in the Aegean Sea ...
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Turkey strives to cement position as key cog in East-West trade: MoU with Azerbaijan, Georgia gives boost to Middle Corridor.
eurasianet.org/turkey-strives-to-cement-position-as-key-cog-in-east-west-trade
Local elections in Turkey: Erdogan's historic defeat: The opposition CHP not only wins the major cities, but is also the strongest party nationwide for the first ...
taz.de/!6001433/
Türkiye forges ahead with diplomacy and aid for Palestine: Under the leadership of President Erdoğan, Türkiye rallies the global community to end the plight of ...
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After the local elections in Turkey: Is Putin also wobbling after Erdogan?: As a democrat, the local elections in Turkey give you hope. Is this the beginning of ...
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Erdogan: Hefty election defeat in Turkey! "End of the era": Political earthquake in Turkey! These results are anything but good for Erdogan ...
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Turkey local elections: How Erdogan's Israel policy backfired: When Turkish President Recep Tayyip Erdogan was campaigning earlier this year for local elections ...
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Quick Glance: Israel’s Military Recovers Hostage's Body in Gaza Amid Cease-Fire Talks
- Israel's military found the body of a 47-year-old farmer held hostage in Gaza.
- The discovery renewed pressure on Israel's government to secure the release of hostages.
- The U.N. warned of an imminent shameful famine in Gaza.
- The destruction of hospitals in Gaza has severely impacted the health system.
German president set to visit Türkiye next week: Berlin confirmed on Tuesday that German President Frank-Walter Steinmeier will pay a three-day visit to Türkiye ...
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Quick Glance: Steinmeier and the Concept of 'We' Feeling
- Frank-Walter Steinmeier urges Germans to engage more with democratic institutions.
- He emphasizes the importance of community while deliberately excluding parts of the population.
- Steinmeier highlights the strength that arises from community and stresses the importance of engagement and historical awareness.
- He underscores the need to adapt to the challenges of transformation and calls for global changes for a new energy basis.
Turkey and Israel announce trade restrictions on each other as relations worsen: Turkey is imposing export restrictions in retaliation for Israel barring its ...
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Turkish presidential adviser receives US undersecretary Bass: President Recep Tayyip Erdoğan’s chief adviser Akif Çağatay Kılıç on Tuesday received U.S ...
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Fani Willis pushes back on latest Trump effort to remove her from prosecuting Georgia election subversion case
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Trouble for Erdoğan: Inflation in Turkey rises to 68.5 percent: Turkey's central bank has made a remarkable turnaround in recent months - and raised key interest ...
spiegel.de/wirtschaft/wirtschaftskrise-inflation-in-tuerkei-steigt-auf-68-5-prozent-a-f1b43104-c29b-407b-aff2-8986982d342e
Quick Glance: Inflation down in German states, signaling national decline
- Inflation fell in six economically essential German states in March, indicating that national inflation will continue its downward trend.
- Economists will closely monitor national inflation data as Germany releases its figures a day before the Eurozone inflation data on Wednesday.
- German companies expected the lowest prices in three years in March, with forecasts of inflation falling below the European Central Bank's target in the upcoming months.
- An increasing number of ECB policymakers have backed rate cuts, with a June meeting appearing as the most probable time for action, although a meeting is also scheduled for this month.
Israel to pay price for oppression in Gaza, Turkish president tells Palestinian counterpart
yenisafak.com/en/news/israel-to-pay-price-for-oppression-in-gaza-turkish-president-tells-palestinian-counterpart-3681147
Paid articlePaid No place for terrorism in Türkiye's future: Erdoğan: President Recep Tayyip Erdoğan said Ankara is determined to show everyone that there is no place for ...
dailysabah.com/politics/war-on-terror/no-place-for-terrorism-in-turkiyes-future-erdogan
Comment: Erdogan can be defeated: The opposition in Turkey will not be defeated. President Erdogan has passed his zenith - and is now being fought from all sides ...
handelsblatt.com/meinung/kommentare/kommentar-erdogan-ist-besiegbar/100029282.html
Turkey’s economy paying the price for years of policy mishaps: For many years, it wasn’t the economy that determined voting behavior in Turkey ...
asiatimes.com/2024/04/turkeys-economy-paying-the-price-for-years-of-policy-mishaps/
By killing 14,000 innocent children in Gaza, Israel has outdone Hitler, says Turkish president
yenisafak.com/en/news/by-killing-14000-innocent-children-in-gaza-israel-has-outdone-hitler-says-turkish-president-3681481
Paid articlePaid
Donald Trump faces jail: all criminal proceedings at a glance - hush money, election fraud & more
tagesspiegel.de/internationales/nun-droht-ihm-sogar-knast-schweigegeld-wahlbetrug-geheimdokumente--alle-trump-prozesse-im-uberblick-11523251.html
Turkey's inflation hit 68.5 pct ahead of election blow to ruling AKP: Turkey's annual inflation rate climbed to 68.5 percent in March ...
duvarenglish.com/turkeys-inflation-hit-685-pct-ahead-of-election-blow-to-ruling-akp-news-64134
Türkiye and Iraq's 4-point agenda: After rocky ties between Ankara and Baghdad in recent years due to unresolved bilateral problems ...
dailysabah.com/politics/news-analysis/turkiye-and-iraqs-4-point-agenda
Turkish authorities yield to protesters over local election: Opposition politician who defeated Recep Tayyip Erdoğan’s candidate reinstated to mayor’s office in ...
ft.com/content/1a19275c-a877-444e-bdaa-5aa4ee88f20a
Türkiye: Inflation is the main reason for Erdogan's election defeat: The poor economic situation was the main reason for the success of the Turkish opposition ...
nzz.ch/wirtschaft/tuerkei-inflation-ist-der-hauptgrund-fuer-erdogans-wahlschlappe-ld.1824920
The Islamist leader responsible for Erdogan's local election loss attributes defeat to Sweden and Israel - Nordic Monitor
nordicmonitor.com/2024/04/the-islamist-leader-responsible-for-erdogans-local-election-loss-attributes-defeat-to-sweden-and-israel/
Türkiye drafting new peace plan for Ukraine war: Russian media: Türkiye wants to end the Russia-Ukraine war with a new comprehensive peace plan ...
dailysabah.com/politics/diplomacy/turkiye-drafting-new-peace-plan-for-ukraine-war-russian-media
Slovakia: Populist Pellegrini becomes new president: Parliament President Pellegrini has won the runoff election for the presidency in Slovakia ...
zdf.de/nachrichten/politik/ausland/slowakei-stichwahl-praesident-100.html
Quick Glance: Pro-Western Candidate Loses: Fico Ally Becomes New Slovak President
- The new Slovak President Pellegrini advocates for peace talks with Russia and opposes arms shipments to Ukraine.
- Peter Pellegrini wins the runoff with 53% against pro-Western candidate Ivan Korcok.
- Korcok accepts defeat and criticizes the election campaign as non-transparent.
- Pellegrini, an ally of the Russia-friendly Prime Minister Fico, emphasizes the importance of peace talks in the Ukraine conflict.
Turkey's opposition lands authoritarian Erdogan a shocking blow: On Sunday night, history was written in Turkey: An opposition victory in local elections so huge ...
haaretz.com/middle-east-news/2024-04-01/ty-article-magazine/.premium/turkeys-opposition-lands-authoritarian-erdogan-a-shocking-blow/0000018e-9a35-dd2b-ad9f-da7f48730000
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