Turkey

Declaration Of War? Erdogan Says Turkish Forces Are In Syria To End Assad's Rule

Having stated in the past that the only reason Turkish forces are on Syrian soil is to combat Islamic State terrorists, today Turkish president Recep Tayyip Erdogan made a dramatic diplomatic reversal and said that the Turkish Army has entered Syria to end the rule of President Bashar Assad, whom he accused of terrorism and causing the deaths of thousands.

Assad On Verge Of Biggest Victory Since Start Of Syrian War With Imminent Capture Of Aleppo

The imminent loss of Aleppo by rebel forces has sent shockwaves of demoralization across the war-torn country. Capturing eastern Aleppo would be the biggest victory for President Bashar al-Assad since the start of the uprising against him in 2011, restoring his control over the whole city apart from a Kurdish-held area that has not fought against him.

Turkeys Were Optimistic On Wednesday – Unicorns May Have Less Than A Week

All the time prior the turkey believes life is grand and will continue forever, and the farmer has nothing but his best interest at heart, caring for him with plenty of food, water, and shelter. To convince him otherwise is a fools-errand. Then – Thursday happens. A similar event may also be on the horizon, but this time – it doesn’t involve turkeys. No, this time it involves a creature once considered so far above and beyond reproach, to even question its business model, metrics, or valuation was seen as blasphemy.

Geopolitical Overhaul: What Will A Post-Obama World Look Like?

Debt reduction and the visible reduction of what is seen internationally as overbearing statism in the U.S. economy will be critical to building back long-term U.S. global capabilities. The U.S. has not seen such an opportunity for strategic reversal since the Reagan Administration. But only if the incoming Administration adheres to the principles which won it the election, and avoids the compromises which the bureaucratic base of government will attempt to force on it to avoid disruption of the status quo.

Turkey Detains BBC, VoA Reporters

Having previously arrested dozens of Turkish journalists after the failed July "coup" attempt led to a nationwide crackdown on the media, overnight the Turkish government expanded its "outreach" effort abroad, when it detained reporters working for BBC and Voice of America.

Furious Erdogan Lashes Out, Threatens To Let 3 Million Refugees Into Europe

The furious Turkish leader lashed out a day after the European Parliament called for a pause in Turkey’s EU accession talks in protest at Ankara’s “repressive” and “disproportionate” response to a violent coup attempt earlier this year. "We are the ones who feed 3m-3.5m refugees in this country," he said. "You have betrayed your promises. If you go any further those border gates will be opened."

Furious Dollar Rally Fizzles On "Black Friday"; US Stocks Set To Open At New All-Time Highs

Having soared to fresh 13 year highs in a quiet overnight session on thin liquidity due to the US Thanksgiving holiday the dollar pared back its weekly advance with modest profit taking after traders wondered if the rally has gotten "too stretched." European shares were fractionally higher, with Asian stocks and US equity futures rising and both the Dow Jones and the S&P set for new all time highs.

How Erdogan Can Rule Turkey Until 2029

The hottest political topic in Turkey these days is the major constitutional amendment the government is cooking up to introduce a “presidential system.” Some Turkish advocates of the presidential system point to the United States as a good example, but this comparison is flawed for various reasons.

All Aboard The Post-TPP World

Whatever the contours of Trump’s China/Asia foreign policy, Eurasian integration will proceed unabated. TPP – or NATO on trade, the Asian version - is just a scalp in a long and winding road. And on the South China Sea, dialogue is slowly edging out the confrontation fomented throughout the Obama administration.

Europe Votes To Suspend Turkey EU Accession Talks, Sending Lira Crashing To Record Low Despite Unexpected Rate Hike

The market barely had time to respond to today's surprising rate hike by the Turkish central bank, when an even more unexpected development took place in the European Parliament which voted overwhelmingly to temporarily freeze talks on Turkey’s bid to join the European Union, citing deteriorating human rights and democratic standards under President Recep Tayyip Erdogan’s rule.