Turkey Archives - Page 3 of 3

Turkey’s Gamble On An Independent Kurdistan: A Play For Iraq’s Oil?

Since 2003, Turkey has long fretted whether a sovereign Kurdistan could lead to social unrest within its own borders – especially given Turkey’s native Kurd population. Yet with Ankara’s recent announcement of a series of bilateral deals with the Kurdistan Regional Government in Iraq, everyone’s first question now is why would Turkey want to align itself with an Iraqi Kurdish leadership that is clearly making a play to create a sovereign Kurdish state?

Turkey Declines Aid Offer From Israel After Massive Earthquake Strikes East Turkey

The Turkish government has turned down an offer for “any aid they might need” from its former ally Israel, after a 7.3 magnitude earthquake struck the eastern part of Turkey early Sunday afternoon – killing between 500 to 1000 people, with many more believed to be injured or missing.

Turkey’s New “Eastern Face” Attracts Muslim Markets

Well-heeled Syrians had already been coming to the ancient Turkish industrial city of Gaziantep, drawn here by Louis Vuitton purses and storefront signs in Arabic.

But local shop owners say Israel’s deadly raid on a Turkish-led flotilla to Gaza in May has solidified an already blossoming friendship between Syria and Turkey, the new hero of the Muslim world.

“People in Syria love Turkey because the country supports the Arab world, and they are fellow Muslims,”

Turkey – Fast Facts

Turkey is an upper middle-income economy comes under the Europe and Central Asian region, as to the classification made by the World Bank on the basis of income and region for the year 2006.

Economic growth rate of the Turkey is impressive in the recent years. The country possesses a larger expanded private sector. The services sector contribute s a larger portion to the country’s GDP followed by the industrial sector.

Turkey Economic Forecast

Turkey’s economy is quite interesting in that it is a complicated blend of modern commerce and industry, along with traditional sectors to include agriculture, fisheries, and farming. Today, this country has a strong sector that is growing quickly but even so, the government of Turkey is heavily involved with the basic industry, as well as financial services, financial institutions, banks, communication, and transport. Of all sectors in Turkey, textiles and clothing is without doubt the most significant, accounting for about 35% of employment opportunity.

New Turkish Prominence Undercuts Iranian Power, Prestige

Since Israel’s deadly raid on the Turkish ship Mavi Marmara last month, it’s been assumed that Iran would be the major beneficiary of the wave of global anti-Israeli sentiment.

But things seem to be playing out much differently:

In fact, as Turkey assumes a surprising new role as the modern, democratic and internationally respected nation willing to take on Israel and oppose America,

this development paradoxically creates unexpected problems for the mullahs’ Tehran regime.