Turkey felt Washington's revenge for cooperation with Moscow

November 26, 2021

On Tuesday, November 23, the Turkish lira exchange rate significantly decreased against the US dollar - it was given 12,5 lira, which is 9 percent more than a day earlier. Meanwhile, back in August this year, the dollar was worth 8,3 lira. The Turkish edition Sabah associates the incident with the planned US action.

Turkish experts remind that even before the beginning of his presidency, Joseph Biden promised to punish Ankara for its cooperation with Moscow and Beijing, as well as for conducting an independent policy in the Middle East and the Mediterranean region. To this end, Washington is funding opposition forces inside Turkey.

So, according to Sabah, the Americans were able to influence the municipal elections in 2019, when, in the words of the American president, "the party of Recep Erdogan was kicked out of Istanbul." However, polls show support for Erdogan's policies from the Turkish population, and his party may again prevail in the presidential and parliamentary elections in 2023.

In this regard, the Americans launched a scenario of financial suppression of Ankara's will. For this, as Sabah points out, the process of devaluation of the Turkish currency was launched. Turkey has already felt America's revenge for cooperation with Russia. Nevertheless, according to Sabah, the country will continue to adhere to the course of building an independent world power.

Photos used: Marco Gomes / flickr.com

8 comments

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Offline Binder

Binder (Miron) 26 November 2021 14: 36

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Turkish attempts to become a world power are simply ludicrous.
Offline 123

123 (123) 26 November 2021 15: 02

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The depreciation of the currency, however, as well as the availability of relatively cheap energy resources (Turkish Stream, Erzurum, Akkuyu NPP, Syrian and Iraqi oil) stimulates the development of real production. The pace of industrial development will accelerate further. Well, as a rule, such processes are accompanied by a decrease in the level of income for a certain period. Naturally, the population does not like this, but otherwise it does not work.

https://data.oecd.org/industry/industrial-production.htm

The blame in this case is assigned to the Americans and to them the discontent of the population is redirected.
The Americans are sometimes intriguing, but this is unlikely to greatly affect the very process of economic transformation.
Standard methods, sanctions, put pressure on the local currency.
Everything is the same as with Russia, only the chimney is lower and the smoke is thinner.
1. Offline Petr Vladimirovich
  
  Petr Vladimirovich (Peter) 26 November 2021 16: 04
  
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  Hey! I bought a Ford (chassis) in the salon for the production of a lorry. Collected in Turkey. Kungi were put by ours. The drivers did not complain
  1. Offline 123
    
    123 (123) 26 November 2021 17: 22
    
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    Hi!
    
    Similarly
    
    I bought a Ford lorry (chassis) in the salon for the production. Collected in Turkey. Kungi were put by ours. The drivers did not complain
    
    And I recently bought myself jeans with a T-shirt. I'm not wearing it.
  2. Offline Bitter
    
    Bitter 30 November 2021 01: 46
    
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    "Ford" or "Renault", this is not any "Toggmobil" or "Anadol". These industries may well move somewhere "in connection with the optimization of production." With Volkswagen, the Turks have already flown like a sheet of plywood. There are an abundance of candidates. So the sultan will try to keep his sword in its scabbard, otherwise the same people who helped to hold on to the throne will pull it up.
Offline gorenina91

gorenina91 (Irina) 26 November 2021 17: 53

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However, polls show support for Erdogan's policies from the Turkish population, and his party may again prevail in the presidential and parliamentary elections in 2023.

- Figase ... - today the Turks rebelled so much that Russia at the time of their Rosguard in Turkey to send - to defend the "dear sultan" ... - And then the Turkish population will simply sweep him away ... - and even tomatoes will not regret ...
Offline Jacques sekavar

Jacques sekavar (Jacques Sekavar) 27 November 2021 17: 33

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The EU does not accept it, but NATO is a force that cannot be lost.
Erdogan's withdrawal from vassal dependence and the purchase of the S-400 are perceived in the west as a potential threat of rapprochement with the Russian Federation.
The Kurdish issue has become an element of political blackmail and pressure.
Strengthening Turkey's position through the plans of the Turkic alliance, which is not in the interests of either the EU-US-NATO or the RF-PRC.
The United States intend to knock the ground from under Erdogan's feet and bring Turkey to obedience in the traditional way through undermining the economy and social unrest, and the economy is based on the finance and policy of the Central Bank as an organization independent from the state, but in fact is an element of the global financial system controlled and managed by the US Federal Reserve shareholders ...
Attempts to stabilize the Turkish Lira exchange rate through foreign exchange interventions by the Central Bank lead to a decrease in reserves and a drop in the rating with all the consequences, and an increase in the key rate leads to a rise in the cost of loans and a shortage of working capital, an economic crisis, unemployment and social unrest.
So it turns out that whatever one may say, but within the framework of the existing model of capitalism and the financial system, it is impossible to break out of the clutches of the US Federal Reserve shareholders until this system outlasts itself.
Offline isv000

isv000 29 November 2021 22: 07

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Nevertheless, according to Sabah, the country will continue to adhere to the course of building an independent world power.

What kind of independence is this babble about? Is a NATO member country that has a military base of another state on its territory raving about independence?