Video Commentary:  Turkey’s Annus Horribilis

 

Turkey’s Annus Horribilis

 

  • When it rains, it pours. Turkey has been stung by a series of disasters this year, natural and man-made.

 

  • Covid-19 waxed and waned through the year. Now, cases and deaths are rising again.

 

  • A once-a-century drought is devastating farm communities and driving food inflation at a time when broad-based unemployment is 27%.

 

  • Mucilage has sunk to the bottom of the Marmara Sea, still threatening marine life.

 

  • Wildfires have sprung up in 15 provinces and at more than 180 locations. One is currently engulfing a coal-fired power plant, threatening the region with an unprecedented environmental disaster.

 

  • While strangely these series of calamities don’t show in official economic data, public morale has sunk to the bottom.

 

  • The common denominator of these horrible events? The Erdogan regime refuses to accept culpability.

 

  • The next elections are scheduled for 2023, but the psychological shock of the Summer of disasters could precipitate a snap election to prepare for the 20-year Erdogan Era.

 

 

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Published By: Atilla Yeşilada

GlobalSource Partners’ Turkey Country Analyst Atilla Yesilada is the country’s leading political analyst and commentator. He is known throughout the finance and political science world for his thorough and outspoken coverage of Turkey’s political and financial developments. In addition to his extensive writing schedule, he is often called upon to provide his political expertise on major radio and television channels. Based in Istanbul, Atilla is co-founder of the information platform Istanbul Analytics and is one of GlobalSource’s local partners in Turkey. In addition to his consulting work and speaking engagements throughout the US, Europe and the Middle East, he writes regular columns for Turkey’s leading financial websites VATAN and www.paraanaliz.com and has contributed to the financial daily Referans and the liberal daily Radikal.