Weekly-review (20-26th of August)
The intensification of the US-China trade war / The EU takes a stand against the US’s anti-Turkish policies / Venezuela: an economic reformation with global consequences
Mutual sanctions: Turkey and the United States on the brink of economic war
The relationship between Turkey and the US has reached a critical point. Sanctions against two Turkish ministers alongside new tariffs on steel and aluminium have destroyed the former strategic partnership of the two NATO members. The situation is critical: no compromise is in sight, and every day brings new tariffs and critical assessments. Erdogan is accusing the US of disrespectful behavior, and Trump continues to impose new sanctions. The Turkish Lira remains unstable.
Weekly Review (6 – 12th of August)
Turkey enters real economic war with US / The Kosovo question / Presidential Elections in Mali / The Fifth Caspian Summit in Kazakhstan
US sanctions against Turkey – the signs of the upcoming war?
On the 1st of August the U.S. government has imposed sanctions on Turkish officials. The official representative of the White House Sarah Sanders informed that the sanctions were imposed against Justice Minister Abdulhamit Gul and Interior Minister Suleyman Soylu over the country’s imprisonment of Andrew Brunson. The United States has blamed both for being involved in Brunson’s arrest and detention. Pastor was accused by Turkish government of being connected with the gulenist groups and is seen as a participant of the gulenist coup d’etat in 2016. The Turkish Foreign Ministry had reacted fast: they announced the strong protest against the sanctions and promised to give the strong and immediate response.