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Turkey Letter: 25 July 2016

Foreign Policy

  • Turkey criticizes US over cleric accused of coup plot
  • Obama, Erdogan discuss status of cleric Gulen in call
  • US had no prior knowledge or indication of coup attempt: Ambassador Bass
  • Retired U.S. General Dismisses Allegations He Masterminded Turkey Coup
  • Turkey increases pressure on U.S. to extradite cleric accused of coup links
  • US offered to help on Gülen’s extradition, Turkish FM confirms
  • Turkey detains 42 journalists in crackdown as Europe sounds alarm
  • Turkish Official Asks ‘Benefit of the Doubt’ as Obama Urges Caution in Crackdown
  • Biden urges rule of law in call with Turkey PM
  • Trump says U.S. shouldn’t criticize Turkey’s Erdogan over post-coup purge
  • Power turned back on at Incirlik Air Base, nearly a week after attempted Turkish coup
  • War-split Cyprus on edge as Turkey reels in crisis

Economy & Energy

  • S&P downgrades Turkey’s sovereign credit rating after failed coup attempt
  • Turkey Stocks Rise Most in World as Lira Beats Emerging Peers
  • Turkey’s Central Bank raises rediscount credit limit
  • Turkey Open For Business With Purges Nearly Over, PM Says
  • Turkey Charms Investors as Crackdown’s Critics Given No Quarter
  • Turkey’s Economy Czar Sees ‘Short-Lived’ Impact From Coup Attempt

Domestic Politics

  • Turkey’s top business organization starts global campaign to favor democracy, Turkish economy
  • Turkey declares a state of emergency for three months
  • ‘Law is suspended’: Turkish lawyers report abuse of coup detainees
  • Turkey Sets Up Inner Cabinet to Oversee Emergency Rule
  • Protest against Turkey’s failed coup is colored by fear of strongman president
  • Turkey is expected to curb military power as purge expands
  • Turkey seizes more than 2,200 institutions as post-coup crackdown intensifies
  • Erdoğan welcomes party leaders in rare meeting

Foreign Policy

Turkey criticizes US over cleric accused of coup plot

A top Turkish official on Friday accused the United States of “standing up for savages” by not immediately handing over a U.S.-based Muslim cleric who the government claims orchestrated last week’s failed coup. Speaking in Washington, President Barack Obama said there was a legal process for extradition and encouraged Turkey to present evidence.

Washington Post, Turkey criticizes US over cleric accused of coup plot, July 22, 2016


Obama, Erdogan discuss status of cleric Gulen in call

President Barack Obama and Turkish President Tayyip Erdogan discussed the status of U.S.-based cleric Fethullah Gulen, blamed by Turkish authorities for masterminding a recent failed coup, during a call on July 19, the White House said.

Reuters, Obama, Erdogan discuss status of cleric Gulen in call, July 19, 2016


US had no prior knowledge or indication of coup attempt: Ambassador Bass

The United States had no prior knowledge or indication about the July 15 failed coup attempt, according to the U.S. envoy to Ankara, who described allegations that Washington was in cooperation with the plotters to overthrow the Turkish government “outrageous.”

Hurriyet Daily News, US had no prior knowledge or indication of coup attempt: Ambassador Bass, July 20, 2016


Retired U.S. General Dismisses Allegations He Masterminded Turkey Coup

A retired American general on Monday dismissed as “absolutely ridiculous” allegations made by a Turkish newspaper that he orchestrated the country’s botched July 15 military coup.

Wall Street Journal, Retired U.S. General Dismisses Allegations He Masterminded Turkey Coup, July 25, 2016


Turkey increases pressure on U.S. to extradite cleric accused of coup links

Turkey’s top diplomat urged the United States on Friday to quickly hand over a self-exiled cleric whom Turkish leaders have linked to last week’s coup attempt — an issue that risks causing serious tension between the two allies.

Washington Post, Turkey increases pressure on U.S. to extradite cleric accused of coup links, July 22, 2016


US offered to help on Gülen’s extradition, Turkish FM confirms

The United States made an offer to form a working group composed of officials from its foreign affairs and justice departments in order to assist Turkey in preparing its formal request for the extradition of Pennsylvania-based Islamic scholar Fethullah Gülen, who is believed to have orchestrated the July 15 failed coup attempt, Turkish Foreign Minister Mevlüt Çavuşoğlu has confirmed.

Hurriyet Daily News, US offered to help on Gülen’s extradition, Turkish FM confirms, July 22, 2016


Turkey detains 42 journalists in crackdown as Europe sounds alarm

Turkey ordered the detention of 42 journalists on Monday, broadcaster NTV reported, under a crackdown following a failed coup that has targeted more than 60,000 people, drawing fire from the European Union.

Reuters, Turkey detains 42 journalists in crackdown as Europe sounds alarm, July 25, 2016


Turkish Official Asks ‘Benefit of the Doubt’ as Obama Urges Caution in Crackdown

President Barack Obama on Friday urged Turkish President Recep Tayyip Erdogan to preserve civil liberties and democratic freedoms during the investigation into last week’s failed coup, while Turkey’s ambassador to the U.S. asked for the “benefit of the doubt” as his country addresses what he called the worst setback in the history of its democracy.

Wall Street Journal, Turkish Official Asks ‘Benefit of the Doubt’ as Obama Urges Caution in Crackdown, July 22, 2016


Biden urges rule of law in call with Turkey PM

U.S. Vice President Joe Biden urged Turkey to pursue the instigators of a failed coup according to the rule of law during a call with Turkish Prime Minister Binali Yildirim on Thursday, the White House said.

Reuters, Biden urges rule of law in call with Turkey PM, July 21, 2016


Trump says U.S. shouldn’t criticize Turkey’s Erdogan over post-coup purge

A lot of people are parsing Donald Trump’s very interesting interview with New York Times journalists David Sanger and Maggie Haberman that was published Wednesday night. The Republican presidential nominee, as my colleague Philip Bump notes, called into question whether his administration would fulfill North Atlantic Treaty Organization obligations.

Washington Post, Trump says U.S. shouldn’t criticize Turkey’s Erdogan over post-coup purge, July 21, 2016


Power turned back on at Incirlik Air Base, nearly a week after attempted Turkish coup

The power was restored Friday at a key Turkish base used by U.S. strike aircraft, defense officials said, nearly a week after an attempted overthrow of the Turkish government by a faction of its military spun the country into chaos.

Washington Post, Power turned back on at Incirlik Air Base, nearly a week after attempted Turkish coup, July 22, 2016


War-split Cyprus on edge as Turkey reels in crisis

Turkey’s crackdown on government opponents and the imposition of a state of emergency following the abortive military coup last week has tempered hopes of a swift settlement on divided Cyprus.

Reuters, War-split Cyprus on edge as Turkey reels in crisis, July 22, 2016


Economy & Energy

S&P downgrades Turkey’s sovereign credit rating after failed coup attempt

Ratings agency S&P on July 20 downgraded Turkey’s sovereign credit rating after July 15 failed coup attempt. “Following the attempted coup in the Republic of Turkey on July 15, we believe the polarisation of Turkey’s political landscape has further eroded its institutional checks and balances,” said the agency, warning of “a period of heightened unpredictability.”

Hurriyet Daily News, S&P downgrades Turkey’s sovereign credit rating after failed coup attempt, July 20, 2016


Turkey Stocks Rise Most in World as Lira Beats Emerging Peers

Turkish stocks were poised for their best day since the failed coup battered investor confidence a week ago.

Bloomberg, Turkey Stocks Rise Most in World as Lira Beats Emerging Peers, July 25, 2016


Turkey’s Central Bank raises rediscount credit limit

Turkey’s Central Bank said July 25 that it would expand its rediscount credit facility by $3 billion to $20 billion in a bid to expand the utilization of the bank’s rediscount credit facility and increase the contribution of rediscount credits to the bank’s foreign exchange reserves, in a written statement.

Hurriyet Daily News, Turkey’s Central Bank raises rediscount credit limit, July 25, 2016


Turkey Open For Business With Purges Nearly Over, PM Says

Aiming to limit the economic fallout from this month’s failed coup, Turkish Prime Minister Binali Yildirim ruled out early elections and said the government plans a multibillion-dollar infrastructure fund to keep growth on track.

Bloomberg, Turkey Open For Business With Purges Nearly Over, PM Says, July 25, 2016


Turkey Charms Investors as Crackdown’s Critics Given No Quarter

Turkish President Recep Tayyip Erdogan has largely dismissed warnings from foreign leaders about the scale of the crackdown following last week’s failed putsch. His government has been more accommodating toward investors, assuring them that pro-business policies will continue.

Bloomberg, Turkey Charms Investors as Crackdown’s Critics Given No Quarter, July 22, 2016


Turkey’s Economy Czar Sees ‘Short-Lived’ Impact From Coup Attempt

The country’s economy czar said the economic impact of last week’s failed coup attempt in Turkey would be limited, characterizing the immediate selloff as a “knee-jerk reaction” that would subside as the country outperforms emerging market peers.

Wall Street Journal, Turkey’s Economy Czar Sees ‘Short-Lived’ Impact From Coup Attempt, July 21, 2016


Domestic Politics

Turkey’s top business organization starts global campaign to favor democracy, Turkish economy

Turkey’s leading business organization has begun a global campaign and issued an advertisement underlining the country’s devotion to democracy and the strength of the Turkish economy in a number of leading papers in the U.S., Germany, France and Britain, following the failed coup attempt.

Hurriyet Daily News, Turkey’s top business organization starts global campaign to favor democracy, Turkish economy, July 25, 2016


Turkey declares a state of emergency for three months

Turkey declared a state of emergency on Wednesday, a move that President Recep Tayyip Erdogan said would enable the state to act faster against those who plotted a failed coup.

Washington Post, Turkey declares a state of emergency for three months, July 20, 2016


‘Law is suspended’: Turkish lawyers report abuse of coup detainees

Thousands of people taken into custody since Turkey’s attempted coup are being held in sports facilities and stables, where some have been beaten and mistreated, according to lawyers familiar with the cases.

Washington Post, ‘Law is suspended’: Turkish lawyers report abuse of coup detainees, July 24, 2016


Turkey Sets Up Inner Cabinet to Oversee Emergency Rule

Turkey’s government is setting up an inner cabinet to oversee the implementation of the state of emergency it declared after the botched coup, ramping up the effort to purge the influence of its accused mastermind.

Bloomberg, Turkey Sets Up Inner Cabinet to Oversee Emergency Rule, July 24, 2016


Protest against Turkey’s failed coup is colored by fear of strongman president

They ostensibly rallied here Sunday to protest the attempted overthrow of their government. But what seemed to worry them was the direction of that same government and a crackdown led by its powerful leader, President Recep Tayyip Erdogan.

Washington Post, Protest against Turkey’s failed coup is colored by fear of strongman president, July 24, 2016


Turkey is expected to curb military power as purge expands

Turkey suspended more than 15,000 education workers on Tuesday and demanded resignations from all university deans in an escalation of a far-reaching purge of state institutions following a failed coup attempt.

Washington Post, Turkey is expected to curb military power as purge expands, July 19, 2016


Turkey seizes more than 2,200 institutions as post-coup crackdown intensifies

In a new tactic against suspected coup plotters, Turkey on Saturday announced it had seized more than 2,250 social, educational or health-care institutions and facilities that it claims pose a threat to national security.

Washington Post, Turkey seizes more than 2,200 institutions as post-coup crackdown intensifies, July 23, 2016


Erdoğan welcomes party leaders in rare meeting

A rare meeting of Turkish President Recep Tayyip Erdoğan, Prime Minister Binali Yıldırım, main opposition Republican People’s Party (CHP) leader Kemal Kılıçdaroğlu and Nationalist Movement Party (MHP) leader Devlet Bahçeli took place at the Presidential Palace in Ankara on July 25, with the recent failed military coup attempt and measures taken against coup plotters on the agenda.

Hurriyet Daily News, Erdoğan welcomes party leaders in rare meeting, July 24, 2016