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/ OPINION/ GÜVEN SAK
Tuesday, September 13 2011 , Your time is 15:58:00
Turkey had its legislative elections on June 7. The result was simple: Four parties made it into parliament and not a single one had enough seats to form a government by itself
Turks are now acting as if it came as a surprise. The Turkish Lira has lost around 9 percent of its value against the dollar in a single month.
Turkey held its election this June. Halfway through August, the country still has no government. Just before the election on June 7, 2015, I dubbed it as the outset of The Great Normalization in Turkey.
Turkey has started air campaigns against both ISIL and the PKK. ISIL is the so-called Islamic State of Iraq and the Levant, the new bastion of the age-old militant Salafi menace in our region.
Turkey is at war with the Islamic State of Iraq and the Levant (ISIL), but did you know that this has happened before?
Turkey still has no government. No government is bad for Turkey.
Of course, you don’t need to read this column to know that. Turkey’s per capita GDP is only a fifth of that of Belgium.
Central banking is difficult. It requires bankers not only to plan for how they think the future is going to play out, but plan for how they fear it might play out, too
What would you do if someone asked you to summarize the major tensions of human beings on this blue planet of ours? I’m talking about the big, systemic issues – the problems of capitalism, war, climate change and development.
A system with free and fair elections can iron out its own failings in unimaginable ways. The people, it turns out, are the ultimate safeguard of Turkey’s institutions.
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