“On July 15, 2016, Turkey came under attack by members of a shadowy group led by Fethullah Gulen, who leads his organization, officially described by my government as Fethullah Terrorist Organization, from a compound in rural Pennsylvania.”
Category: Recep Tayyip Erdogan
‘Don’t Be Afraid At All’: In Turkey, Desperation As Currency Crisis Spirals
“Don’t be afraid at all, it will all pass.”
Turkey In Crisis: A Narrative History And An Annotated Chart
How to trigger a currency crisis in five months.
Erdogan Says Turkey Will Freeze Assets Of U.S. Ministers – “If They Have Any”
“We were patient until last night.”
Turkey Roasted: Market Fears The Worst As Lira Plunges, Yields Surge Amid U.S. Sanctions
Come hell or high sanctions.
Turkey Will Give Up Andrew Brunson Around The Same Time Erdogan Gives Up Control Of Monetary Policy (So, Never)
Meanwhile, 10Y yields in Turkey spike to record highs.
Erdogan Digs In, Says Turkey Won’t Yield To Sanctions Threats From Trump, Pence
I guess we can all hope that Trump’s affinity for autocrats wins the day.
As Trump, Pence Threaten Turkey With Sanctions, It’s Time For Markets To Accept The Reality Of Erdogan
Accepting idiosyncratic, country-specific risk is part and parcel of investing in emerging markets, but this has gone well beyond that.
Markets Shocked – Shocked, I Tell You! – To Discover That When Erdogan Says Low Rates, Erdogan Means Low Rates
Dear markets: Berat Albayrakc is not your cool son-in-law.
In ‘Shocking’ Result, Erdogan Is Re-Elected In Turkey
It’s good to be Sultan.
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