Erdogan Pulls Plug On Trade With Israel
Israel Katz is indignant. Or irritable. Maybe (probably) both. “This is how a dictator behaves,”
Israel Katz is indignant. Or irritable. Maybe (probably) both. “This is how a dictator behaves,”
Turkey’s central bank, under new leadership, nearly doubled interest rates on Thursday in a hotly-anticipated
Recep Tayyip Erdogan has a new central bank chief. If nothing else, Hafize Gaye Erkan
It’s back to lamenting the lira. When it became clear last month that Recep Tayyip
Recep Tayyip Erdogan isn’t going anywhere. Turkey’s long-serving strongman secured another presidential term on Sunday,
If you have an inflation problem (and who doesn’t these days, right?) Recep Tayyip Erdogan
Like most countries in 2022, Turkey has an inflation problem. I should note, for those
Whenever you’re inclined to lament high inflation exacerbated by a legacy of too-loose monetary policy
“We’re cutting interest rates. And we will all see how inflation will start falling within
“Never seen a day like this.” That’s how one EM veteran described Monday’s rollercoaster ride
It’s at least possible that Turkey’s Recep Tayyip Erdogan has descended into a kind of
Recep Tayyip Erdogan’s adventures in obstinance continued on Thursday when, as expected, Turkey’s beholden central
“We know quite well what we’re doing with the current policy, why we’re doing it
Last week, following a second consecutive rate cut from Turkey’s hopelessly beholden central bank, I
It’s official: Recep Tayyip Erdogan succeeded in vaporizing all of the lira’s gains logged under
On Thursday, CBT Governor Naci Agbal delighted markets with another rate hike. The 200bps move
“[We’ve] decided to implement a front-loaded and strong additional monetary tightening”… is something you don’t
Warm congratulations to Naci Agbal, who replaced Murat Uysal at the helm of Turkey’s central
Turkey’s Recep Tayyip Erdogan is ready to take his medicine. Don’t believe me? Just ask
Turkey careened into one of its regularly scheduled currency crises last month, when a laundry
The Turkish lira came into the week besieged. And by that, I mean it’s riding
“…a hugely damaging move.”
Just about the last thing the world wants to ponder right now…
This is yet another manifestation of Trump’s behavior normalizing autocratic regimes.
You can’t keep a “good” autocrat down.
“Such language would push Turkey exactly toward places that they don’t want it turn to”.
Unlike Donald Trump, when he “asks” for something from the central bank, he gets it.
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