Turkey may annex northern Cyprus if the divided Mediterranean island can’t resolve a four-decade split through United Nations-led reunification talks, a government official told the Turkish Cypriot Kibris newspaper.
The protests roiling Istanbul, which started in May and have already begun to dwindle, were never an Arab-style spring. The Turkish government, however, now risks turning them into a very real political and economic winter.
The protesters who occupied central Istanbul and filled streets and squares nationwide in the past month have made it clear what they’re against: Recep Tayyip Erdogan’s government. The country’s main opposition party admits it has yet to offer them something to support.
Investors are driving up bond yields of Turkish companies as concern mounts that Prime Minister Recep Tayyip Erdogan will take action against some for their alleged complicity in the unrest that spread this month in the nation.
European Union governments postponed the resumption of Turkey’s membership talks by at least four months, protesting Prime Minister Recep Tayyip Erdogan’s heavy- handed treatment of peaceful dissenters.