Business Standard

Page 2 - Recep Tayyip Erdogan

Ahead of Putin-Erdogan talks, Russia attacks Ukraine's grain exporting port

Residents of Izmail port, one of Ukraine's two main grain exporting terminals on the Danube River in the Odesa region, were urged to seek cover by the air force early on Monday

Ahead of Putin-Erdogan talks, Russia attacks Ukraine's grain exporting port
Updated On : 04 Sep 2023 | 2:16 PM IST

Vladimir Putin to meet Turkish counterpart Erdogan on September 4

Their talks come a week before Turkey and the United Nations seek to revive a Ukraine grain export deal that aided ease a global food crisis

Vladimir Putin to meet Turkish counterpart Erdogan on September 4
Updated On : 02 Sep 2023 | 7:59 AM IST

Turkey's Erdogan slams peacekeepers for blocking road project in Cyprus

Turkey's president on Monday criticized U.N. peacekeepers for blocking the construction of a road in ethnically divided Cyprus, calling the action unacceptable and accusing the peacekeeping force of bias against Turkish Cypriots. Speaking after a Cabinet meeting, President Recep Tayyip Erdogan said Turkey would not allow any unlawful behavior toward ethnic Turks on Cyprus, where his country maintains more than 35,000 troops in the Mediterranean island nation 's breakaway northern third. Angry Turkish Cypriots last week punched and kicked a group of international peacekeepers that blocked crews working on a road that would encroach on the island's U.N.-controlled buffer zone. The road is designed to connect the village of Arsos, located in the Turkish Cypriot north, with the multi-ethnic village of Pyla, which is located inside the buffer zone and abuts the Greek Cypriot south, where the island's internationally recognized government is seated. Preventing the Turkish Cypriots living

Turkey's Erdogan slams peacekeepers for blocking road project in Cyprus
Updated On : 22 Aug 2023 | 7:15 AM IST

Nato summit boosted by deal to advance Sweden's bid to join alliance

NATO's summit will begin Tuesday with fresh momentum after Turkiye withdrew its objections to Sweden joining the alliance, a step toward the unity that Western leaders have been eager to demonstrate in the face of Russia's invasion of Ukraine. The decision by Turkish President Recep Tayyip Erdogan is a significant move toward Sweden's membership and it will alleviate tension in Vilnius, Lithuania's capital. This is a historic day, NATO Secretary-General Jens Stoltenberg said late Monday as he announced the agreement following days of intensive meetings. As part of the deal, Erdogan said he would ask Turkiye's parliament to approve Sweden joining NATO. Hungarian Prime Minister Viktor Orban is expected to take a similar step. The outcome is a victory for US President Joe Biden as well, who has touted NATO's expansion as an example of how Russia's invasion of Ukraine has backfired on Moscow. Finland has already become the 31st member of the alliance, and Sweden is on deck to become th

Nato summit boosted by deal to advance Sweden's bid to join alliance
Updated On : 11 Jul 2023 | 10:01 AM IST

Erdogan signals Turkey isn't ready to ratify Sweden Nato membership

Turkish President Recep Tayyip Erdogan signalled on Monday that his country is not ready to ratify Sweden's membership in NATO, saying Stockholm had to work harder on the homework it needs to complete. Speaking after a Cabinet meeting, Erdogan also renewed his condemnation of a Quran-burning protest that took place in Sweden last week, describing the action as a hate crime against Muslims. We have made it clear that the determined fight against terrorist organizations and Islamophobia are our red line," Erdogan said. Everyone must accept that Turkey's friendship cannot be won by supporting terrorism or by making space for terrorists. Turkey has delayed giving its final approval to Sweden's membership in the military alliance, accusing the country of being too lenient toward anti-Islamic demonstrations and groups that Ankara regards as security threats. These include militant Kurdish groups that have waged a deadly, decades-long insurgency in Turkey. The Kurdistan Workers' Party, o

Erdogan signals Turkey isn't ready to ratify Sweden Nato membership
Updated On : 04 Jul 2023 | 7:58 AM IST

Turkish central bank faces key economic test after Erdogan's reelection

The Turkish central bank faces a key test Thursday on turning to more conventional economic policies to counter sky-high inflation after newly reelected President Recep Tayyip Erdogan gave mixed signals about an approach that many blame for worsening a cost-of-living crisis. It is the bank's closely watched first interest rate-setting meeting since the longtime leader named internationally respected officials to head the bank and the finance ministry. While a sharp rate hike is expected, it's not clear if it will be enough to ease market concerns. The appointments were seen as a sign that Turkiye would change course and abandon Erdogan's unorthodox belief that lowering interest rates fights inflation. Traditional economic theory says just the opposite, and central banks around the world have been rapidly raising rates to combat spikes in consumer prices including a likely rate hike Thursday by the Bank of England. Erdogan a self-declared enemy of high borrowing costs has said he

Turkish central bank faces key economic test after Erdogan's reelection
Updated On : 22 Jun 2023 | 1:25 PM IST

Here's why Turkey's currency is crashing after Erdogan got re-elected

Turkish President Recep Tayyip Erdogan won reelection last month despite a battered economy and a cost-of-living crisis that experts say are exacerbated by his unconventional economic policies. The longtime leader appointed an internationally respected former banker as finance and treasury minister and on Friday named a former co-CEO of a US-based bank as head of the central bank. But lingering uncertainty over Erdogan's economic direction and an apparent move to loosen government controls of foreign currency exchanges have led Turkiye's currency to plunge to record lows against the US dollar this week. The Turkish lira has now weakened by around 20 per cent against the dollar since the start of the year. It has raised fears of even higher prices for people already struggling to afford basics like housing and food amid high inflation. I am anxious. I am unhappy. Soon my income won't pay the rent, said Sureyya Usta, a 63-year-old who lives in Ankara. Here's a look at the falling v

Here's why Turkey's currency is crashing after Erdogan got re-elected
Updated On : 09 Jun 2023 | 4:19 PM IST

Erdogan discusses Ukrainian crisis with Putin, grain export key highlight

Erdogan emphasised that Türkiye is determined to continue to make necessary efforts to establish a just peace between Russia and Ukraine

Erdogan discusses Ukrainian crisis with Putin, grain export key highlight
Updated On : 08 Jun 2023 | 7:23 AM IST

Turkey's Erdogan takes oath of office for third term as president

Turkish President Recep Tayyip Erdogan was sworn in at the parliament and officially started his third term for the upcoming five years

Turkey's Erdogan takes oath of office for third term as president
Updated On : 04 Jun 2023 | 7:07 AM IST

Turkey's Erdogan set to take oath for 3rd term, announce new Cabinet

Turkiye's longtime president, Recep Tayyip Erdogan, is to be sworn in for his third term on Saturday. All eyes are on the announcement of his new Cabinet its lineup should indicate whether there will be a continuation of unorthodox economic policies or a return to more conventional ones amid a cost-of-living crisis. Erdogan, 69, won a new five-year term in a runoff presidential race last week that could stretch his 20-year rule in the key NATO country that straddles Europe and Asia, into a quarter-century. The country of 85 million controls NATO's second-largest army, hosts millions of refugees and played a crucial role in brokering a deal that allowed the shipment of Ukraine grain, averting a global food crisis. Erdogan is scheduled to take the oath of office in parliament, followed by an inauguration ceremony at his sprawling palace complex. He is scheduled to reveal the members of his new Cabinet during a separate ceremony later on Saturday. Dozens of foreign dignitaries are

Turkey's Erdogan set to take oath for 3rd term, announce new Cabinet
Updated On : 03 Jun 2023 | 3:01 PM IST

How Erdogan won in Turkey and what does it mean for the country's future

If Recep Erdogan serves the full five-year term, he will have held power for 26 years - almost the entire history of Turkey in the 21st century.

How Erdogan won in Turkey and what does it mean for the country's future
Updated On : 30 May 2023 | 10:27 AM IST

The Turkish question

Known unknowns of Erdogan's victory

The Turkish question
Updated On : 29 May 2023 | 10:14 PM IST

Understanding Recep Erdogan's victory and future outlook for Turkey

Recep Tayyip Erdogan has secured another term as president amidst economic challenges and polarisation of political view in one of the largest economies of the world

Understanding Recep Erdogan's victory and future outlook for Turkey
Updated On : 29 May 2023 | 12:57 PM IST

Turkey's Recep Tayyip Erdogan claims victory in presidential runoff

Turkiye's incumbent President Recep Tayyip Erdogan has declared victory in his country's runoff election, extending his rule into a third decade. In his first comments since the polls closed, Erdogan spoke to supporters on a campaign bus outside his home in Istanbul. I thank each member of our nation for entrusting me with the responsibility to govern this country once again for the upcoming five years, he said. He ridiculed his challenger, Kemal Kilicdaroglu, for his loss, saying bye bye bye, Kemal, as supporters booed. The only winner today is Turkey, Erdogan said. Preliminary, unofficial results from Turkish news agencies showed incumbent President Recep Tayyip Erdogan ahead with 98 per cent of ballot boxes counted in a presidential runoff that will decide whether the country's longtime leader stretches his increasingly authoritarian rule into a third decade. The state Anadolu news agency showed Erdogan at 52.1 per cent, and his challenger, Kemal Kilicdaroglu, at 47.9 per ...

Turkey's Recep Tayyip Erdogan claims victory in presidential runoff
Updated On : 28 May 2023 | 11:53 PM IST

Erdogan takes lead in unofficial count in Turkiye's presidential runoff

Preliminary, unofficial results from Turkish news agencies showed incumbent President Recep Tayyip Erdogan ahead with 88 per cent of ballot boxes counted in a presidential runoff that will decide whether the country's longtime leader stretches his increasingly authoritarian rule into a third decade. The state Anadolu news agency showed Erdogan at 53 per cent, and his challenger, Kemal Kilicdaroglu, at 47 per cent. Meanwhile, the ANKA news agency, close to the opposition, showed the results at 51 per cent for Erdogan and Kilicdaroglu at 49 per cent. The outcome could have implications far beyond Ankara. Turkiye stands at the crossroads of Europe and Asia, and it plays a key role in NATO. Erdogan's government vetoed Sweden's bid to join NATO and purchased Russian missile-defence systems, which prompted the United States to oust Turkiye from a US-led fighter-jet project. But it also helped broker a crucial deal that allowed Ukrainian grain shipments and averted a global food crisis.

Erdogan takes lead in unofficial count in Turkiye's presidential runoff
Updated On : 28 May 2023 | 11:14 PM IST

Voters in Turkey choose between Erdogan, Kilicdaroglu in prez runoff

Voters in Turkiye returned to the polls Sunday to decide whether the country's longtime leader stretches his increasingly authoritarian rule into a third decade, or is unseated by a challenger who has promised to restore a more democratic society. President Recep Tayyip Erdogan, who has been at Turkiye's helm for 20 years, is favoured to win a new five-year term in the second-round runoff, after coming just short of an outright victory in the first round on May 14. Speaking to reporters after casting his vote in Istanbul, Erdogan noted that it's the first presidential runoff election in Turkiye's history. He also praised the high voter turnout in the first round and said he expected participation to be high again on Sunday. I pray to God, that it (the election) will be beneficial for our country and nation, he said. The divisive populist finished four percentage points ahead of Kemal Kilicdaroglu, the candidate of a six-party alliance and leader of Turkiye's centre-left main ...

Voters in Turkey choose between Erdogan, Kilicdaroglu in prez runoff
Updated On : 28 May 2023 | 5:54 PM IST

Erdogan counts on nationalism, security and defiance of West to win polls

Erdogan received 49.5% of the vote, while the leader of the six opposition parties Kilicdaroglu received 44.88%

Erdogan counts on nationalism, security and defiance of West to win polls
Updated On : 22 May 2023 | 8:06 AM IST

Erdogan vows 'greater victory' in upcoming Turkish presidential runoff

Turkish President Recep Tayyip Erdogan has vowed to win "a greater victory" in the runoff presidential election on May 28.

Erdogan vows 'greater victory' in upcoming Turkish presidential runoff
Updated On : 17 May 2023 | 9:14 AM IST

All you need to know about Kemal Kilicdaroglu, Erdogan's rival in Turkey

Known as Turkey's Gandhi, Kemal Kilicdaroglu is the first real challenger to President Erdogan's two-decade-long presidency in Turkey

All you need to know about Kemal Kilicdaroglu, Erdogan's rival in Turkey
Updated On : 16 May 2023 | 11:10 AM IST

With Turkiye's presidential election going to a runoff, what comes next?

Close, but not close enough. Turkish President Recep Tayyip Erdogan received the most votes in a weekend presidential election but could not claim victory because he failed to get the majority support required for an outright win. Preliminary results showed the longtime leader had 49.5 per cent of the vote. His main challenger, opposition leader Kemal Kilicdaroglu, garnered 45 per cent, according to Turkish election authorities. A third candidate, nationalist politician Sinan Ogan, received 5.2 per cent. The election is being followed internationally to see the future direction of Turkiye. The strategically located NATO member has cultivated warm relations with Russia, become less secular and tilted toward authoritarianism under Erdogan. Kilicdaroglu has promised to reorient the country as a democracy and is expected to adopt a more pro-Western stance. The Supreme Electoral board said Monday the results mean Erdogan, 69, and Kilicdaroglu, 74, will compete in a runoff election on Ma

With Turkiye's presidential election going to a runoff, what comes next?
Updated On : 15 May 2023 | 9:37 PM IST