Financial markets reacted to the firing of the country’s respected Central Bank chief by running away from the Lira on early Monday trading, and the currency was near its all-time low against the dollar, slicing through key resistance levels. President Recep Tayyip Erdoğan holds that high interest rates cause inflation, whereas the Quantity Theory of … Read more
A formal judgement has approved the administrative measure, indicating that a permanent restriction is now in place for all language editions of the online encyclopedia in Turkey. Some are pointing towards Wikipedia’s depiction of Erdogan as a dictator as a cause: “Erdoğan detractors have noted that under Erdoğan, more journalists have been incarcerated in Turkey … Read more
SEOUL, South Korea — A South Korean teenager who disappeared near the Syrian border in Turkey last month has been found to be receiving training from the Islamic State (IS), South Korea’s spy agency said Tuesday. The head of the National Intelligent Service (NIS), Byung-kee Lee reported during a closed-door parliamentary meeting that the 18-year-old, surnamed … Read more