Turkey

Awaiting the anti-Erdogan

Michael Daventry June 6, 2022

Turkey’s most popular Kurdish politician Selahattin Demirtas has channelled the Japanese anime spirit of Voltron to express his frustration at opposition inaction.

CONFERENCE CALL: Globsec basks in Putin's humiliation

Robert Anderson in Prague June 6, 2022

In contrast to previous conferences of the Bratislava-based security think-tank, there was a feeling that the West is no longer on the back foot and that now is the time to press home its advantage.

Turkey scrimps on detail in explaining how May’s inflation is ‘only 73.5%’

Akin Nazli in Belgrade June 5, 2022

Gone are the average prices recorded for each item in the CPI basket. ENAG contends inflation is 161%.

bneGREEN: G7 sets decarbonisation goal for 2035

Richard Lockhart in Edinburgh June 2, 2022

The G7 has agreed to “predominantly decarbonise electricity sectors by 2035,” and to end government financing for international coal-fired power generation and speed up the phase-out of unabated coal plants by the same year.

Business conditions in Turkish manufacturing sector stayed subdued in May shows latest PMI data

bne IntelIiNews June 1, 2022

Muted customer demand and ongoing price pressures noted. Economic slowdown in Europe a headache for exporters.

Turkey halts talks with Greece as Erdogan cranks up hard power foreign policy

bne IntelIiNews June 1, 2022

Election clock is ticking on Turkish leader’s bid to win round Turks shocked by extent of economic crisis.

New ‘pattern of oppression in Turkey sees municipalities, AKP banning music concerts’

bne IntelIiNews May 30, 2022

Columnist says authoritarian move is response to “dead-end the current administration finds itself in” because of the country’s “unprecedented, multilayered crisis”.

bneGREEN: Is coal killing us all?

Richard Lockhart in Edinburgh May 27, 2022

Ending coal-fired power generation could prevent 14.5mn premature death from air pollution between now and 2050 and would create up to $16.3 trillion in economic benefits.

ISTANBUL BLOG: Turkey’s central bank zombies in (lack of) action again

Akin Nazli in Belgrade May 27, 2022

Inflation rampant. The lira’s losing its moorings. But no rate hike.

Lira drags Turkey further down road to hell

bne IntelIiNews May 24, 2022

Currency breaches 16/$ threshold. Real interest rate at minus-56% is lowest in the world. Markets don’t dare hope that will change at May 26 rates meeting.

Iran the winner as Ukraine conflict repercussions divert European trade flows

bne IntelIiNews May 23, 2022

The importance of the International North-South Transportation Corridor, providing Indian Ocean access via the Iranian port of Chabahar, has soared.

bneGREEN: Fossil fuel closures needed to stand any chance of meeting 1.5°C target

bne IntelliNews May 20, 2022

Ending new oil, gas and coal developments is not enough to reach net zero by 2050, according to new research. Instead, already built fossil fuel projects must be decommissioned early if climate change is to be limited to 1.5°C.

bneGREEN: More proof that climate change threatens lives and causes economic damage

Richard Lockhart in Edinburgh May 20, 2022

Human activity has caused irrevocable damage to the climate, causing hundreds of billions of dollars of economic damage and threatening water and food supplies to millions of people.

ISTANBUL BLOG: Erdogan spikes Nato accession talks with Sweden and Finland

Will Conroy in Prague May 18, 2022

Turkish leader leaves US and Europe wondering what his price might be for unblocking what was supposed to be a routine process.

In Nato expansion row Erdogan tells Sweden, Finland ‘Don’t bother sending delegations to Turkey’

bne IntelIiNews May 16, 2022

Turkish president doubles down on opposing Nordic nations’ applications to join defence alliance.

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