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Turkey’s Erdogan Clears Path to Dictatorship

Turkey’s Erdogan Clears Path to Dictatorship


The forced resignation of Turkey’s Prime Minister Ahmet Davutoglu suggests only one thing — President Recep Tayyip Erdogan, who is totally absorbed by his lust for power, will tolerate no one in his government to deviate from any of his political positions. Prime Minister Davutoglu was no exception.

Although the Turkish constitution grants the Prime Minister executive powers while leaving the role of the president largely ceremonial, this is not what Erdogan had in mind when he asked then-Foreign Minister Davutoglu to form a new government following the last election.

President Barack Obama walks along the Colonnade at the White House with Prime Minister Recep Tayyip Erdogan of Turkey, Dec. 7, 2009. (Official White House Photo by Pete Souza)

President Barack Obama walks along the Colonnade at the White House with then-Prime Minister Recep Tayyip Erdogan of Turkey, Dec. 7, 2009. (Official White House Photo by Pete Souza)

Erdogan’s ambition and aggressive drive to spread his Islamic agenda are what has determined every political move he made. Seeking to constitutionally transfer the executive authority of the country to the Presidency is the final step to legally consolidate his power, albeit he was already exercising such power throughout his tenure as Prime Minister for 11 years.

For more than 15 years, Davutoglu served Erdogan with the utmost loyalty — first as his top foreign policy adviser, then his Foreign Minister, and for the past two years as his hand-picked Prime Minister. Erdogan chose Davutoglu for this post precisely because he expected him to continue to be his “Yes man.”

Being that as Prime Minister, Davutoglu would assume leadership of the AK Party, Erdogan expected him to push for the transformation of the largely ceremonial Presidency into the most powerful executive position in Turkey, which Davutoglu pursued in a lukewarm manner as this would constitutionally diminish his own powers considerably.

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US calls on Turkey to withdraw ‘unauthorized’ troops from Iraq

US calls on Turkey to withdraw ‘unauthorized’ troops from Iraq

The US has urged Turkey to withdraw its “unauthorized” military forces from northern Iraq, calling on Ankara to respect the country’s sovereignty and territorial integrity.

US Vice President Joe Biden has spoken to Iraqi Prime Minister Haider al-Abadi regarding Turkey’s troop deployments.

“The Vice President reaffirmed the United States’ commitment to Iraqi sovereignty and territorial integrity and called on Turkey to do the same by withdrawing any military forces from Iraqi territory that have not been authorized by the Iraqi government,” the White House said in a statement.

The call between Biden and al-Abadi came two days after the Vice President’s talk with Turkish Prime Minister Ahmet Davutoglu.

READ MORE: Turkish troops injured, 7 Kurds killed in ISIS rocket attack on base in northern Iraq 

Stressing Washington’s commitment to close cooperation with both Iraq and Turkey in the fight against Islamic State (IS, formerly ISIS/ISIL), Biden urged Ankara to continue its dialogue with Baghdad.

“The Vice President reiterated that any foreign military presence in Iraq must be with the full consent of the Iraq government,” read a statement from the White House on December 14.

Relations between Ankara and Baghdad began to unravel following Turkey’s December 4 deployment of about 150 soldiers backed by artillery and around 25 tanks to Camp Bashiqa, a base near the northern Iraqi city of Mosul that is controlled by IS. The move was protested by both the Iraqi government and thousands of its citizens across the country.

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More Trouble In Turkey As Lira Plunges To New Lows, Bond Yields Soar

More Trouble In Turkey As Lira Plunges To New Lows, Bond Yields Soar

On Monday, Turkey’s lira plunged to new lows against the dollar as coalition talks between prime minister and AK Party leader Ahmet Davutoglu and nationalist MHP leader Devlet Bahceli broke down. The result, AKP won’t be able to form a coalition government after elections in June saw the party lose its parliamentary majority for the first time in 12 years.

In the absence of a coalition, the country will go back to the polls – likely in November – where President Recep Tayyip Erdogan hopes heightened violence between Ankara and the PKK will translate into a stronger showing for AKP.

The political turmoil, rising violence, and general EM malaise have hit the country’s currency hard and on Tuesday, Turkey’s central bank left rates unchanged prompting further weakness in the lira which had already fallen earlier in the session after Emine Nur Gunay, Davutoglu’s chief adviser, hinted that a rate hike was not in the cards.

Meanwhile, 10-year yields have spiked to their highest levels in nearly a year and a half.

As Bloomberg reports, the market is also not impressed with the central bank’s plan to stabilize markets in the face of policy normalization in the US:

Investors sold Turkish assets, sending TRY to record low after central bank published “road map” of measures it said would prepare country for normalization of global monetary policy.

List of 9 technical adjustments fell short of investor expectations that Turkey’s central bank would move toward simplifying monetary policy framework

TRY fell as much as 0.9% to record 2.8941/USD; 2Y yields surged to the highest in more than a year at 10.59%

“The strategic plan is disappointing,” Guillaume Tresca, a senior emerging market strategist at Credit Agricole wrote in e-mail

Central bank is “just trying to justify saying to the markets that it’s ready to face a Fed rate hike, without really announcing anything new”

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