Turkey

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Turkish markets, lira seeking recovery after Moody's rating cut

Turkey's markets and currency were seeking recovery after shares tumbled 4 percent and bonds and the Turkish Lira weakened sharply on Sept. 26, the first trading day after Moody's cut its credit rating to "junk," raising risks of an outflow of foreign funds and a squeeze on external borrowing.

Bulgaria Reluctant to Send Joint Patrols with Serbia on Turkish Border

Bulgaria is not inclined to allow the deployment of joint border police units with Serbia to its border with Turkey, a recent government decision shows.

Last week Bulgaria approved an agreement for bilateral police cooperation that provides for the establishment of joint patrols on the common border with Serbia.

The legacy of Abdulhamid II

İsmail Kahraman, the Justice and Development Party (AKP) member and Parliament Speaker, recently stated that "the Sultan Abdulhamid II period is a mariner's compass to give us direction and enlighten our future." He was speaking on the occasion of the Symposium for the Commemoration of the Birth of Abdulhamid II last week. 

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