Wall Street Journal: Erdogan's reckless policies plunge Turkey into new turmoil

Washington-SANA

The American Wall Street Journal confirmed that the reckless policies of the President of the Turkish regime, Recep Tayyip Erdogan, had made Turkey mired in economic turmoil over many years, adding his recent decision to dismiss Central Bank Governor Naji Aghbal to the chapters of the suffocating crisis facing the country.

In the context of an article published yesterday, the newspaper said, "Erdogan's policies have always served as a fuse that ignites the fears of investors who have withdrawn their money from Turkey in recent years with the growing concern about the stability of the country." It is clear that Erdogan wants to keep interest rates low despite the rise in inflation by 15.6 percent on an annual basis in February.

The newspaper pointed out the direct repercussions of Erdogan's decision on the Turkish lira, which was clearly reflected with a significant decline in its value and a decline of 7.5 percent against the dollar in one day, at a time when the dismissal of the most critical criticism of Turkish and foreign investors.

This is the third time that Erdogan dismissed the governor of the central bank within a year and a half, while Turkish economists emphasized the seriousness of such steps and their medium and long-term effects and their negative impact on exchange rates and foreign investments in the Turkish currency.

Experts and observers confirm that the deterioration of the Turkish economy and its entry into the stage of decline and the approach of the Turkish lira to the brink of collapse was only an expected result of Erdogan's wrong policies, which brought his country into a series of crises at the external and internal levels, the repercussions of which were directly reflected on the economy.

The policy of repression and pursuit of political opponents and opponents that Erdogan has been following for many years is one of the main reasons behind the state of turmoil in Turkey, which led to the flight of foreign investors and the deterioration of economic and social conditions alike.

In this context, the Turkish newspaper Zaman revealed that the University of California is planning to hold a conference highlighting the systematic suppression of academic life in Turkey by the Erdogan regime and the issue of brain drain from the country.

The newspaper quoted the university as saying in a statement: “As a result of the escalation of tyranny in Turkey in recent years ... the reflection of the visible decline in the fields of democracy, human rights, law, justice and freedoms has been very devastating,” noting that 16 universities and thousands of schools, classrooms and reading halls have been closed while they have been closed. The dismissal of academics and auxiliary employees working in government institutions from their jobs.

The statement pointed out that thousands of academics were expelled simply for opposing the Turkish regime’s policy, indicating that the conference that will be held by the University of California tomorrow, Saturday, and will be broadcast live in English on the site “YouTube” aims to record a note in history by revealing all these facts committed by the government of the “Justice Party” And development ”.

The Bosphorus University in Istanbul recently witnessed widespread protests by students and academics against the decision to appoint the new university president, Melih Polo, as president of the university, by a decision by Erdogan, which was considered by opponents to be a step to the latter's control over the academic life at the university.

And Erdogan, through his subordinates, wants complete control of the university campus, where freedom of expression between students and faculty disappears.