Erdogan

Turkish Government Cracks Down: Surge of Arrests Hits Critics of President Erdogan

6 days ago

In a worrying escalation of political repression, the Turkish government has intensified its crackdown on dissent, alarming critics and activists across the nation. In recent weeks, authorities have launched a widespread campaign that has seen numerous arrests and an increase in investigations targeting journalists, activists, and political opponents of President Recep Tayyip Erdogan. The recent moves signal a chilling message to those who dare voice criticism against the ruling administration.

Turkish President Erdoğan Promises Declining Interest Rates in 2025

1 month ago

In a bold statement made on December 28, 2024, Turkish President Recep Tayyip Erdoğan assured citizens and investors alike that interest rates in Turkey will "definitely fall" come 2025. This announcement is a significant pivot in Turkish economic policy amidst ongoing struggles with inflation and currency depreciation. Erdoğan's remarks have stirred a mix of optimism and skepticism within market circles.

Turkey's Economy Struggles to Grow Amid Persistent High Interest Rates

2 months ago

Turkey's economy is navigating a challenging landscape, revealing modest growth figures as the nation grapples with high interest rates. Recent data indicates that the economic expansion was limited in 2023, despite a slight improvement in the third quarter. Analysts cite the pressures from the government's efforts to keep inflation in check, which is integral to President Recep Tayyip Erdoğan’s economic strategy.