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FR24 reports from a teashop in the old Turkish city of Gaziantep before the Turkish elections on May 14, 2023 in which the two decade rule of Mr. Erdogan is contested by a civil servant from the Republican party of Kemal Ataturk Mr. Kilicdaroglu. Ataturk was the founder of the Republican party, became president in 1923, and modernized Turkey. 

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This BBC report says the Russian Black Sea fleet is reduced to little more than a coastal flotilla and the fleet is now adopting a defensive posture after heavy losses. This also makes an attack on Odessa unlikely. Odessa and other Black sea ports are where grain shipments leave Ukraine for Africa and other parts of Europe. This means shipments using Turkey and UN sponsored deal can now safely be routed from Odessa. 

It also means Ukraine is in a better position in the south in and around Crimea.

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Macron says all of Algeria's problems are blamed on France and Algeria's rulers are in a tough system. He says Turkey's ability to wipe away the period before 1830 when Algeria was under the Ottoman Empire does not impress him. His point is that France was not the only colonizer when it took over Algeria in 1830. Macron also says French rule created the Algerian nation as an entity, that Algeria we know today did not exist before the French.

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The Guardian looks at Iran's role in the Hamas attack on Israel, and its intentions to prevent a deal betwen Israel, Saudi Arabia and the US that was being negotiated this month. It looks at the situation in the Middle East and the role of Egypt, Turkey, UAE, Qatar and Saudi Arabia in the crisis,  their historic role of supporting Palestinian rights and how their national interests have shifted over the last three decades to seek friendly relations with Israel, the EU and the US.

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With interest rates at 22% and inflation of over 20% Turkey's foreign investment and consumer driven economy continues to struggle. In Istanbul's markets fruit vendors say buyers buy half the quantity they normally used to buy. Prices are high with the loss of value of the Turkish currency the lira, that lost about 40% of its value in the space of about 1 year. Turkish president Erdogan has in the past increased support with the economic boom in Turkey, which is now fading. High interest rates need to be brought down for the economy to recover. Erdogan fires the central bank chief for not cutting interest rates. In the past foreign investors continued investments in Turkey, yet today the confidence of foreign investors is declining, affecting the value of the Lira currency. High interest rates are a central bank policy response to keep the value of the Lira from declining further, but at a cost for ordinary Turkish people who pay high prices, reducing the standard of living. High interest rates to attract foreign capital to support the Lira also reduce investment and employment with the higher cost of borrowing.  The high prices because imports cost more with a weak Lira mean less can be purchased reducing what can be purchased with existing incomes. ...

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Hamas moves closer to the Sunni alliance of Turkey-Egypt-Quatar as it accepts a ceasefire with Israel. Other Arab nations including Tunisia move closer to this alliance. A fall of the Assad regime in Syria is increasingly likely and would lead to Syria joining this group of Sunni nations that stand apart from Shiite Iran.

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Hillary Clinton is critical of Ted Cruz's comments about patrolling Muslim neighborhoods and Trump's comments on torture. She cites John MacCain and George Shultz in support of her position. Clinton also points to lack of adequate coordination between EU nations and with Turkey on terrorism risks as a serious problem to address following Brussels terrorist attacks in March 2016. Clinton says it is easier for the U.S. to obtain flight manifests from an EU nation than it is for EU nations to do this with each other.

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Mr. Ghosn former CEO of Nissan and Renault left Japan for his home country of Lebanon. He was on trial for financial wrongdoing in Japan. Lebanon had put his image on a postage stamp and does not allow extradition of its citizens. Ghosn was required to stay in Japan pending the trial. It is not known how he left the country, some sources say he arrived through Turkey.

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The drop in the value of the Turkish currency, the lira, hits ordinary Turks as it pushes up the price of food, medicine and other essentials. The lira has dropped by over a third of its value against the dollar in 2021. This is leading to a decline in living standards in Turkey, says this report in WSJ. President Erdogan is pushing an unconventional strategy to increase growth, by having the central bank cut interest rates as the value of lira drops sharply. This could lead to further drops in the lira making it difficult to make dollar debt repayments says this report in WSJ. The problem extends beyond drop in standard of living for average Turks. The country's banks are affected and companies that have borrowed heavily in US dollars and foreign currency denominated debt. A large mismatch between foreign currency debt such as dollar debt and the country's foreign exchange reserves has led to countries such as Argentina falling behind and seeking IMF assistance. WSJ points out that Turkey has about $160 billion in foreign exchange assets, and $280 billion in liabilities as of August 2021, according to the Turkish central bank. Bank lending in foreign currency is 24% to 45% of their total loans in the first half of 2021, according to Fitch Ratings. This could lead to dollar debt rollover difficulties as debt repayment comes due in April 2021. ...

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German chancellor Merkel says leaders today are stuck in their own digital echo chambers and not doing the diplomacy and bilateral communication needed. Lack of diplomacy is worse than during the Cold War, says Merkel. "We live in a world where lack of speech is more pronounced than during the Cold War." She was gravely concerned by the number of conversations she had with world leaders who rarely speak to each other, and who become inward looking even as the global economic links bring countries and regions closer. This is happening with the situation in Libya and Germany has convened a conference of world leaders including France, Russia and Turkey, and both sides in the war in Libya to talk about the essential steps for peaceful resolution. Germany wants to prevent any recurrence of the situation that resulted in refugees fleeing North Africa in 2015. What were the mistakes made during that crisis? Merkel says "The mistake was not to have paid attention to create an environment where people can stay in their own country."  Germany has no intention to let that mistake be repeated in Libya. The Berlin conference of world leaders shows Germany is serious, and is getting world leaders Putin of Russia, Macron of France, Erdogan of Turkey, together with Mr. Trump's representative Pompeo of the U.S. to prevent any recurrence. ...

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The true story of the two German scientists, children of immigrants from Germany, who did the research behind the Pfizer vaccine for coronavirus. One the son of a guest worker from Turkey who worked at a car factory in Cologne, another the daughter of a doctor who finished medical school and immigrated to Germany. They started primarily on cancer vaccines using new mRNA technologies. Much of their work focused on meeting the gap that had developed says Ozlem Tureci, between what was done in the labs and what was available to patients and doctors. 

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One bright spot even as the war in Ukraine continues is the recovery in Ukraine food exports. Ukraine's Food ministry says the exports of foodgrains from Ukraine reached 6.9 million metric tons in September 2022 compared to 7.1 million metric tons in September 2021 before the war. This shows how vital are the shipping lanes and agreements to keep shipping safe on the Black Sea ports as they are a lifeline for Turkey, Egypt and many countries in Africa. It also takes out some of the pressure on food prices all over the world.

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Belgium's justice and interior ministers acknowledge the error in not taking action after being alerted by Turkish authorites of Islamic radicals suspected to be a serious terrorist threat. Turkey's president raised this issue in the media about the Belgian officials failure to act on a Turkish request to take into custody a radical arrested in Turkey for trying to enter Syria. The individual was one of two brothers who were suicide bombers in the attack at the Brussels airport and subway in March 2016.

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From the beginning coordinated effort had little prospect between the U.S., the EU, and Russia to address Islamic State and terrorism with Russia's continuing its policies in Syria. This is less likely now with the shooting down of a Russian war plane over Turkey, continued tensions with bombing of Turkic populations on the border, and Russia's bombing campaign in Syria hitting targets all over the region.

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Bide meets British prime minister Starmer in Wasnhington as Britain is ready to approve use of its long range missile systems inside Russia. This comes as Russia is about to gain control of the Donetsk region. Republicans other than Mr. Trump and his supporters are for stronger support to Ukraine following US policy of opposing invasion to achieve military goals since 1900 against the Japanese in China and the Vietnam War was fought on the same basis in the 1960's considering the South Vietnamese state as an independent republic, just  invaded by the north, by North Vietnam, just as the US had done in the Korean War between North and South Korea. In the Vietnam War nationalism played apart with the Vietnamese nationalism prevailing by 1970. Russians see Kiev as the origin of the Russian State in the 9th century, and eastern region of Donetsk as Russian if western Ukraine seeks to join NATO and EU. Britain has opposed Russia since 1750 as it saw Russia as the threat to an Empire it was building in South Asia, in India that financially supported its Empire worldwide for 200 years till about 1950. Britain engaged in the Crimean War against Russia so that along with the French it could control Turkey and its Ottoman states in the Arab Middle East under the guise of trade. This effort was pushed back by Kemal Ataturk in the 1920's when he founded the modern state of Turkey in Ankara. ...

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Turkish decision to conduct operations against Iraqi Kurdistan led to fears in the markets that it would cut off supplies of Iraqi oil. However Turkish premier Erdogan says it would limit its operation to PKK guerillas and its not certain whether this was a way to please public opinion in Turkey that the Government was strong enough to respond to attacks on Turkey or Turkish soldiers and not a real decision to go to war and find itself in difficulties with the US and Iraq. This article shows that Turkey is the largest foreign investor in Iraqi Kurdistan with many projects and a thriving foreign trade there with Turkey. Erdogan, Prime Minister of Turkey in questions and answers at the National Press Club in Washington DC during the week of November 4th broadcast on CSPAN emphasized that its Iraq move was an "operation" only, no desire on Turkey's part for a war. When asked how it would affect Turkey's south east part he emphasized that many members of Parliament from his party were Kurdish Turks and Turkey had helped large numbers of peshmerga Kurds during Saddam's period and could not understand the Kurdish response. He also emphasized Turkey did not want to touch civilians in Iraqi Kurdistan, which is what the Iraqi Kurds say would lead to their involvement. He emphasized also Turkey's desire to seek a "middle road" in all matters which he described as the best. Have oil prices overreacted to the move by Turkey, or since there is always considerable uncertainty about events in that region (and clarifications come much later after some striking announcement that Turkey would make a strong response), are markets already very sensitive to political volatility especially with stocks lower than usual and rising demand for oil, simply responding to the worst possible outcome....