Erdoğan’s economic beliefs and powers to be national security issue
The business world, even those provide a life-long support to Recep Tayyip Erdoğan though crushed by the surging inflation pinned their hopes on Türkiye’s new appointees, Treasury and Finance Minister Mehmet Şimşek and CBRT Governor Hafize Gaye Erkan, as the saviour of country’s economy from its deep-running issues. The reason for this hope was the […]
All are suspects of corruption: Layman is in prison, Officials are free
Ruling Justice and Development Party (AKP) lawmaker Zehra Taşkesenlioğlu’s exclamations in the hidden video recording where she said “You are destroying me so that you can make money”; the statements of aggrieved businessperson Mine Sineren; the arrest of Ünsal Ban, whose driver was caught burning documents while he was preparing to flee abroad… These are […]
The Uber Issue and the Coterie of Politicians, Lobbyists and Corporations
As it has done in other countries, Uber has hired lobbyists in Turkey, paying astronomical fees, according to leaked documents. In this way, it was able to easily reach politicians in office and make demands for the laws to be applied in its favor and for those that hindered its work to be changed. Hundreds […]
İmamoğlu Should Seek the Cause of Economic Problems in the Right Place
İstanbul mayor Ekrem İmamoğlu told the British newspaper the Financial Times that President Recep Tayyip Erdoğan would dismiss him if he was re-elected—a statement that reverberated across the political world. İmamoğlu stressed that the impact of Erdoğan’s election victory on his own position rather than the effects it would have in the areas of law, […]
Erdoğan and the Turkish Industry and Business Association (TÜSİAD): The State Belongs to Everyone
I find odd the remarks made about TÜSİAD by President Recep Tayyip Erdoğan to the new TÜSİAD president Orhan Turan: “You can’t lecture us, you are an apprentice, you haven’t even become a journeyman. Know your place”, and “TÜSİAD should never knock on the door of this government”—a very effective sanction for the business world. […]
By What Authority do the Treasury and the Central Bank Force Exporters to SWAP?
In Annex 1 of Central Bank circular “Regulating the Issues and Principles regarding the Repatriation of Export Proceeds,” upon the instruction of the Ministry of Treasury and Finance, export foreign currency was obliged to be sold to the bank at a rate determined by the bank—25% as of 3 January 2022 according to an instruction […]
My complaint about the directors of the Turkish Central Bank
I complain about the directors of the Central Bank of the Republic of Turkey (CBRT) because the Governor of the CBRT and the members of the Monetary Policy Committee flagrantly violated their duty to adhere that the primary “objective of the Bank is to achieve and maintain price stability.” imposed by Central Bank Law No. […]
