The military operation carried out by Turkey in areas in northern Iraq since 15 June 2020 against bases of the Turkish Kurdistan Workers’ Party (PKK) positioned there has once again shed light on the complicated security environment that has been characterizing the Iraqi-Turkish border for decades. Apparently, through this operation, Turkey seeks to make these areas part of the safe zone in northeastern Syria.
After taking power in 2002, the Justice and Development Party achieved economic growth through its policies of granting funding to the private sector to carry out mega-projects, pumping credit through commercial banks, and attracting foreign investment.
Turkey's signature with the Government of National Accord (GNA) led by Fayez al-Sarraj of two memorandums of understanding to define maritime rights and security and military cooperation between the two countries in November 2019 marked a turning point in the Turkish intervention in the Libyan arena. The operation has become a direct, open and qualitative intervention, as a result of which Turkey increased its military support for the GNA forces. In addition to providing them with sophisticated weapon systems, it also provided them with Turkish military advisers and Syrian mercenaries loyal to it. This contributed to transforming the course of the battle and the success by the GNA forces in evicting the forces of the Libyan National Army (LNA) led by Field Marshal Haftar from the cities of the West Coast, Tripoli and its suburbs, the al-Watiya air base, and the city of Tarhuna, and their retreat towards the city of Sirte and the military base of Jufra in central Libya.
The coronavirus pandemic (or COVID-19) has struck the economic sectors throughout the world and caused a sudden disruption in the financial and economic activity. Yet the effects of the pandemic have not been even across the various economic sectors in the world. While some sectors were severely affected which led to their bankruptcy and collapse, others were only partially affected. In contrast, some economic sectors thrived with the increase in market demand for their services such as the health sector. The decisive factor determining the extent and depth of those effects will be the duration of the pandemic in a country and the lockdown and quarantine measures that the government has to take.
The above applies to Turkey as well, except for one important difference, namely that the coronavirus pandemic erupted at a time when Turkey had already been experiencing a significant financial crisis. That is why the consequences of the pandemic are expected to be twofold for the Turkish economy.
Turkey is today undergoing significant political turbulence. President Erdogan’s popularity is in decline and the incumbent Justice and Development Party (AKP) appears increasingly vulnerable to
Filter your Search by: