Lira Plunges After Erdogan Appoints Co-CEO Of Failed First Republic Bank As New Central Bank Governor
The currency Lira has plunged after President of Turkey Erdogan appointed Hafize Gaye Erkan, the co-CEO of the failed First Republic Bank, as the new Central Bank Governor. Turkish President Erdogan, fresh from his re-election as president, has named Hafize Gaye Erkan as the new central bank head – and first ever female CBRT governor – replacing Sahap Kavcioglu in […]
Fight For Turkey – The Gateway To India
Coup In The Mad Sultan’s Palace An article published in March on the American Enterprise Institute’s website titled Could there be a coup in Turkey?, considered the possibility of a military coup transpiring in Turkey. Its author, David Rubin, explains Turkey’s predicament: The situation in Turkey is bad and getting worse. It’s not just the […]
Russia Offers India A Chance To Replace Turkey
The shooting down of a Russian aircraft by Turkish F-16 fighter jets on Nov. 24 raised the specter of a full-fledged Cold War, since the unprovoked attack was undertaken by a NATO member state. Although it may not lead to direct confrontation, the overtures have already begun to show in various sectors. With Russia retaliating […]