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Turkish Lira, Bonds Crash As ‘Secret Gold Trade’ Trial Begins, Implicates Leaders

For the first time in history, Turkish 10Y bond yields topped 13% this morning and the currency just plunged to a new record low against the dollar as the trial of the gold-trader at the center of the "secret gold trade" with Iran begins today and looks set to implicate Turkish leadership as we warned. […]


The Underlying Reasons For Turkey’s Disengagement From The US

Authored by Dmitiry Minin via The Strategic Culture Foundation, The Turkish media is reporting that a staffer at the American consulate general in Istanbul was recently arrested under the serious charge of attempting the “destruction of the constitutional order,” “espionage,” and seeking “to overthrow the government.” To be specific, ties have been uncovered between the man under […]


Turkey Sentences Wall Street Journal Reporter To Jail For Terrorist Propaganda

A Turkish court has just fanned the flames of an incipient diplomatic crisis between the US and NATO’s most problematic member, when it found a Wall Street Journal reporter guilty of engaging in “terrorist propaganda” in support of a banned Kurdish organization. Ayla Albayrak was sentenced to more than two years in prison for writing […]


Back to Back US Drone Crashes In Turkey Come Amidst Severe Strain Between NATO Allies

Two United States MQ-1 Predator drones have crashed in Turkey within four days, possibly cutting the Air Force's operational fleet of drones at NATO's main Turkish base down to half. This comes at a moment when the future of US drone operations in the region remain in question due to heightened political tensions with the […]