Timothy Ash: Disappointing April inflation numbers in Turkiye…
Disappointing April inflation numbers in Turkiye - but understandable given the Iran war risk/hit. The longer the war goes on then the more pressure on the CBRT to hike policy rates.
Timothy Ash: Kemi Badenoch, the Tory leader…
Kemi Badenoch, the Tory leader, actually went on the BBC and questioned whether Tommy Robinson (Tommy Robinson!) is “creating a climate of intimidation and violence” with his rally. Astonishing. She’s a disgrace. The safety or ‘feelings’ of UK Muslims don’t count for her.Timothy Ash: NATO is dead and European leaders…
NATO is dead and European leaders who don’t get that are brain dead. Heard numerous military top brass types in UK pretend otherwise recently. Accept it and move on. Plan for worst - the reality.Timothy Ash: With the EU, and Germany insulting...
With the EU, and Germany insulting Türkiye, via VDL comments, the U.K. should take advantage of this to deepen defence and security ties. So many synergies - combining the UK’s defence tech expertise, with Türkiye’s strong manufacturing base.Timothy Ash: The war in Iran presents a huge ...
The war in Iran presents a huge ST macro risks to Türkiye, via inflation/current account, but long term it presents huge strategic opportunities in defence, energy, trade routes, tourism. Türkiye should be anchor for strategic partnerships with middle powers.
19, April