Turkey News, discussions, India Turkey Relations

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SRajesh
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Joined: 04 Aug 2019 22:03

Re: Turkey News, discussions, India Turkey Relations

Post by SRajesh »

And the Yazidi community as a whole have taken a decision that all kids born to Yazidi girls under ISIL Capture are to be given away to Muzzies to be brought as Muzzy and not as YAZIDI!!
The feeling is as they grow up there will a lot of trouble in the community with fights over paternity issue!!
VinodTK
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Joined: 18 Jun 2000 11:31

Re: Turkey News, discussions, India Turkey Relations

Post by VinodTK »




Boycott Turkey Trends in India After Drone Attack Plot Uncovered
Turkey Betrays India? Just days after India helped Turkey during a devastating earthquake, Turkish drones are now being used by Pakistan to target Indian soil. 300–400 Turkish-made drones violated Indian airspace, hitting 36 targets—civilian and military. A Turkish warship docked in Karachi, and arms-laden aircraft landed right after the Pahalgam terror attack. As Erdogan openly backs Pakistan on Kashmir, #BoycottTurkey is now trending across India. Is Turkey fueling terror in South Asia to fulfill its pan-Islamist ambitions? And what will this mean for India-Turkey trade ties? Watch this explosive story that exposes Erdogan’s dangerous game against New Delhi
A_Gupta
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Re: Turkey News, discussions, India Turkey Relations

Post by A_Gupta »

"Turkey's annual inflation rate was 38.1% in March 2025, and it was 37.9% in April 2025. "
The interest rate hovers at around 45%.
The lira has depreciated with respect to the US dollar over 500% in the last five years.

Not sure what the underlying issue is. Foreign debt is about 45% of GDP, current account deficit is about 3.5% of GDP. Government debt is 26% of GDP, private debt is 148% of GDP.

---
Ah, madrassa mathematics strikes Turkey too.
This from 2022.
https://www.mei.edu/publications/turkis ... ial-system
Moreover, GDP calculations were significantly revised upward in both 2008 and 2016 and the new series are not considered reliable. Therefore, the ratio of the hard currency-denominated liabilities of the central government, central bank, and non-financial real sector to GDP figures may be underestimated. This means that when it comes to external borrowing, the Turkish economy is classified as only slightly better off than Sri Lanka and Lebanon, falling into the same group as Egypt and Pakistan.
Also:
In March 2018 some of Turkey’s main business conglomerates were no longer able to pay back their hard currency debts and chose to apply for restructuring. This triggered an avalanche and the depreciation of the TL became inevitable. The government realized that this shock was stronger than the prior ones and would not be easy to overcome, and therefore snap elections were called. Erdoğan’s credibility was strong enough to deny the approaching full-fledged currency crisis and assert himself as a savior. The June 2018 elections were a big victory for Erdoğan, his party, and its far-right ally, the Nationalist Action Party (Milliyetçi Hareket Partisi, MHP). Nonetheless, Turkey was diving deeper and deeper into economic crisis and the government was still underestimating its destructive potential.
Kakkaji
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Re: Turkey News, discussions, India Turkey Relations

Post by Kakkaji »

NDTV is reporting that the GOI has directed Indigo Airlines to terminate its wet lease of 2 aircraft (flying Delhi-Istanbul and Mumbai-Istanbul) with Turkish Airlines. They have been given a 'final grace period' of two months, so that the pasengers with already booked tickets don't get inconvenienced.

Good Move!

IMHO the GOI should issue an official advisory for Indian citizens not to travel to Turkey or Azerbaizan citing the hostility of their Governments towards India.
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