Military Chiefs Resign En Masse

[Scunner]

Yes that is pretty much the view I was making with less words - stability is the primary factor for any economy; Iraq had a far better economy under Saddam yet change does not necessarily cause instability. The mumblings of the military may well have kept the government of the time more accountable but also made it a little less strong and stable. Personally I thought the military played a good part in keeping things moderate but moderate and stable aren't the same thing. Agree that Monday is going to be quite a day...

[Julesp]

quote:Originally posted by Scunner

So the rate should hit 2, not 3 then...

I dont understand the politics But, my partner, Yetis, who is an accountant and a money expert by trade, worked in banks for years after graduating from university, reckons the lira will hit 3tl to the pound next month,

[crystalgirl]

Am I right in the thinking then that Turkey could become like Iran etc-AKP are rooted in Islam, will they want the women to start wearing head scarfs again and this type of thing-sure it would completely ruin tourism, but of course they don't care!!!  The army will not there be there to stop them.  If this is so I want to get on the first plane out of here!!!!

[Mr Pickles]

I wish I'd paid more attention at school, and understood a little more about global economy and politics

[nichola]

Mr. Pickles, you can learn all you want or need to know with a little bit of surfing on the web and I can highly recommend Al Jazeera English for in depth analysis on virtually any issue that has a global relevance.

You will recognise a lot of well respected British journalists hosting shows and they have journalists that are nationals of the countries they are reporting from around the world which gives an edge to the coverage that is missing from other World News channels who just send an anchor in as and when needed.

Inside Story today (AJ) covered the resignation on the Chief of Staff and Generals in Turkey and its repeated again at 8.30pm tonight Turkish time so 6.30pm UK time.

I have managed to miss it twice already and can't watch it tonight so if anyone else can watch and feed back I would be interested to hear what was discussed.

[nichola]

Here is the link to today show...

Turkey: A New Political Era

http://english.aljazeera.net/programmes/insidestory/2011/07/201173194112483174.html

[nichola]

This article may also be of interest

Turkey on Trial
http://english.aljazeera.net/indepth/opinion/2011/07/201173171846381691.html

[Colwyn]

Well there seems to have been a more-or-less neutral reaction by Turkish money markets this morning. The lira strengthened by 0.8% but that sort of daily shift is not at all unusual and is less than many of the ups and downs of the last couple of weeks. Similarly there has been little impact on the Istanbul Stosk Exchange with shares up a mere 0.5% - again nothing out of the ordinary. It seems like we have been more interested in the resignation of the generals than the money people.

[Ovacikpeedoff]

The removal of the military from the political scene is probably seen as a step in the right direction by the EU and the money markets.The power of the military is actually seen as a cause of uncertainty and no one likes the possibility of a military coup evety time they do not agree with the actions of the elected government.Whether Turkey moves closer to the middle east and the adoption of more muslim values is perfectly within the rights of the Turkish government. This is a government that has a mandate from the Turkish people.

[Scunner]

The government is the bike. The military controlled the brakes. They made the bike safer but restricted the speed. Now the bike can go at full speed, which is great as long as it is pointed in the right direction