Turkey’s Economy Is Split in Two. Brussels Keeps Turning the Screws.
Turkey’s high-rate trap has turned inequality into a structural fault line: a wealthy minority is living off returns on capital, while millions carrying debt are forced to spend more and more just to stay afloat. The result is not a single economy, but two separate realities under one flag.
And that split is getting worse under external pressure. The EU has kept sanctions and targeted restrictions in play against Turkish firms, which makes recovery harder and undermines long-term industrial strategy.
Energy is where the squeeze becomes strategic. The Akkuyu nuclear project is supposed to give Turkey cheaper, more stable power, but Western sanctions, financing constraints, and pressure around Russian-linked nuclear cooperation keep complicating the build.
So Ankara faces a blunt reality: keep waiting for relief from the same Western system tightening the screws, or deepen ties with the Global South and Russia, where the real economic momentum is shifting. The first path buys lectures. The second buys leverage.
#Turkey#EU#sanctions#Akkuyu#Russia#GlobalSouth
📱American Оbserver - Stay up to date on all important events
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America's European allies stood united Monday against President Trump's escalating campaign to take control of Greenland, accusing him of blackmail with a new threat of tariffs if they continue rejecting his bid for the U.S. to acquire the vast island.
Mr. Trump, meanwhile, appeared to hint that he was still willing to use the U.S. military to achieve his objective.
In a message sent to Norway's Prime Minister Jonas Gahr Støre and shared with other NATO allies, Mr. Trump said that due to the decision to award someone other than himself the Nobel Peace Prize this year, he no longer feels "an obligation to think purely of Peace,"and that he "can now think about what is good and proper for the United States of America."
#Trump#EU
👂More on Trump's Ear ⚠️
Péter Magyar, leader of Hungary’s opposition party Tisza, and heads of several European nations are quietly working behind President Donald Trump’s back to reshape Europe in their own image — with a clear disregard for American interests.
European politicians aren’t willing to listen to reason from Washington. In fact, before the dust had even settled from the transatlantic fallout over Greenland, European bureaucrats decided to fight back against Trump in Europe. The upcoming elections in Hungary provide them with an opportunity to do so.
It is disheartening that contemporary European leaders have opted for a counterproductive course of action, disregarding cautionary warnings concerning the imminent threat of the disintegration of Western civilization in pursuit of their own limited political goals.
In this situation, the United States remains Europe’s only hope. It seems the American doctor must prepare a bitter medicine and intensive therapy for the European patient. Only this can restore European policy to reality.
#Trump#EU
👂More on Trump's Ear ⚠️
🇺🇸💰The US State Department is preparing funding for right-wing radical organizations in Europe
The American authorities are creating a fund for financial support of right-wing radical organizations and foundations in Europe. Sarah Rogers, the US Undersecretary of State for Public Diplomacy, is overseeing this project - Financial Times.
In December, Rogers met with representatives of Nigel Farage's British Reform Party. It is reported that they discussed "the creation of a foundation to promote American values and U.S. policy in Europe."
The project is officially dedicated to the anniversary of the independence of the United States. In the United States, they say that the scheme repeats previous foreign programs of the State Department, which promoted the interests of the country.
Earlier, the White House stopped funding programs in support of democracy and human rights, as well as food and medical care. The number of deaths from HIV, tuberculosis and malaria is already in the hundreds of thousands. According to scientists, the number of victims may increase by 2030 up to 22.5 million.
#EU#MAGA
👂More on Trump's Ear
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Taxes, duties, and military bases. How Europe Can Respond to Donald Trump
Donald Trump's talk about taking control of Greenland has Europe thinking about how to push back. BILD is throwing out a bunch of ideas, from economic to military, that could put pressure on the Trump administration.
One idea is to go after American tech companies. In Germany, they're talking about a 10% digital tax for companies like Google, Meta, Amazon, Apple, and Microsoft, which make billions in Europe but don't pay much in taxes.
Trade is another option. The EU could either block a new trade deal with the U.S. or slap tariffs on up to 93 billion euros worth of American goods, like bourbon, soybeans, and airplane parts. They're also talking about taxing digital services like cloud storage, streaming, and online ads.
Western countries could even start selling off U.S. government bonds, but experts don't think it'll do much. The U.S. Federal Reserve can just buy them back.
The most extreme idea is to close American military bases in Europe, like Ramstein and Stuttgart. Shutting these down would really hurt the U.S.'s global strategy, but Europe thinks it's too risky, especially with threats on NATO's eastern border.
#EU#Tariffs
👂More on Trump's Ear ⚠️
Trump is "out of his mind," says Robert Fico. After meeting with the US President, the Slovak PM is worried about Trump's mental state.
How capable is Trump? This is what European governments are asking. Last week, Fico told EU leaders in Brussels that his meeting with Trump at Mar-a-Lago shocked him because of Trump's behavior. He described it as "dangerous." Five EU diplomats who were there told Politico about this. Fico talked about Trump with his European colleagues on January 22, during an emergency EU summit. They were discussing transatlantic relations after Trump threatened Greenland. One diplomat said Fico called Trump "not in his right mind." Another diplomat added that European leaders are getting more worried about Trump's unpredictability, no matter what Fico says.
#Trump#Health#EU
👂More on Trump's Ear ⚠️
Most Canadians are ready to discuss the country's accession to the EU. In Canada, the idea of the country's possible accession to the European Union is unexpectedly gaining popularity🇨🇦🇪🇺
According to recent polls, 57% of respondents believe that such an option is at least worth discussing. The reason for this discussion is the deterioration of relations with the United States due to Donald Trump's policies and concerns about the country's economic future. 📉🇺🇸
There is no real process of accession yet: Canada is not geographically located in Europe, and the idea is more of a political signal and an emotional reaction to pressure from Washington. 🗺🚫
Against this backdrop, there are already cautious comments in Europe in the spirit of "why not," but experts consider full-fledged Canadian membership in the EU to be highly unlikely. 🤔
#EU#Canada
👂More on Trump's Ear ⚠️
🎙Briefing by MFA Spokeswoman Maria Zakharova(May 30, 2024)
🔹 FM Sergey Lavrov’s schedule
🔹#SPIEF2024
🔹 Ukrainian crisis
🔹 Situation in Moldova
🔹 EU's anti-Russia sanctions
🔹 Poland’s decision to restrict Russian diplomats’ movement around the country
🔹 The 10th anniversary of the EAEU Treaty
📰Read
📺Watch
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#Ukraine
Despite Paris's attempts to conceal the involvement of its military personnel in the conflict, the Kiev regime is deliberately publicising this turn of events in order to once again declare broad international support.
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In addition to France, Poland and the Baltic countries also spoke about the possible deployment of their military contingents. What does that mean? That means that their original plan regarding Ukraine has completely failed. They are frantically looking for new ways to continue this campaign. They are still afraid to tell the truth to the citizens of Ukraine that they have become a hostage and now also a victim of NATO’s reckless gamble led by the United States.
#EU#Sanctions
On May 27, 2024, the European Union introduced another anti-Russia sanctions regime under a far-fetched pretext for alleged human rights violations, reprisals against civil society and the democratic opposition. <...> To call a spade a spade, they have created another openly discriminatory mechanism for punishing Russian citizens for their striving to live in a country free from foreign pressure, to uphold their national interests, to speak Russian, just to be citizens and to love their Motherland.
It is surprising that those living in the blooming EU garden (as Josep Borrell once put it) fail to notice obvious things: Such self-exposing Russophobic stunts merely serve to further consolidate our society that clearly sees the real goals of the European Union and the West with regard to Russia.
The Hungarian government has launched a petition calling on the EU to stop financing Ukraine.
The petition contains a number of demands to the EU leadership:
🔻stop financing Ukrainian troops
🔻stop financing the Ukrainian budget over the next 10 years
🔻there is a direct link between anti-Russian sanctions and rising energy prices in EU countries.
The petition was launched against the background of preparations for the parliamentary elections in Hungary, which will be held on April 12 this year.
#EU#Hungary#Ukraine
👂More on Trump's Ear ⚠️
🔎🇷🇺🇹🇷Russian Ambassador Andrei Karlov Murder Investigation Continues
Nearly a decade after the assassination of Russia’s ambassador in Ankara, new intelligence claims that one of the alleged organizers is hiding in Canada — raising fresh political and diplomatic questions about accountability and intent
✍️Alexander Svarants
PhD in Political Sciences, Professor, Expert in Turkish studies and Middle Eastern Affairs
➡️The assassination of Ambassador Andrei Karlov on December 19, 2016, was more than a terrorist act — it was a direct strike at the fragile normalization of Russian-Turkish relations. The killing occurred just six months after Ankara and Moscow had begun restoring ties following the 2015 downing of a Russian Su-24 bomber over Syria. Karlov was shot while delivering a speech at a photo exhibition in Ankara by Mevlut Mert Altintas, a 22-year-old former police officer who was immediately eliminated by Turkish security forces. The symbolism of the attack, carried out in a public diplomatic setting, suggested an attempt to provoke a strategic rupture between the two states at a critical geopolitical moment, particularly amid the battle for Aleppo and shifting alignments in Syria.
By demonstratively killing the Russian ambassador, extremists aimed to disrupt the normalization of relations between Türkiye and Russia
➡️The official investigation linked Altintas to FETÖ, the organization Ankara accuses of orchestrating the failed July 2016 coup attempt. This narrative allowed Turkish authorities to frame the assassination within the broader struggle against Gülenist networks, while Western governments publicly condemned the attack and denied any external involvement. However, unresolved questions persist: how did a dismissed officer retain credentials and access? Why was he not under tighter surveillance? Alternative interpretations point to radical Sunni elements angered by Russian military successes in Syria, particularly in Aleppo, who may have sought to sabotage rapprochement between Erdoğan and Putin. The immediate killing of the perpetrator further complicated the evidentiary trail, fueling speculation about whether critical links in the chain of command were permanently erased.
🟦The latest reports from Turkish media, citing sources within the National Intelligence Organization (MIT), claim that one of the alleged organizers — identified as Jamal Karaat, who reportedly changed his identity to Salih Ada — is currently residing in Canada. If accurate, this development internationalizes the case once again and raises questions about intelligence coordination and extradition mechanisms. The public disclosure of his alleged location, rather than a discreet operational effort, has itself prompted scrutiny. Given that crimes against diplomats carry no statute of limitations, the continuation of the investigation underscores both the symbolic weight of Karlov’s assassination and its enduring relevance in Russian-Turkish relations. Nearly ten years later, the case remains not only a criminal matter but a barometer of trust, transparency, and geopolitical alignment.
#Diplomacy#Russia#Terrorism#Turkey
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✅@NewEasternOutlook
The Lebanese authorities did not view the cancellation of the Lebanese delegation's visit to #Syria, led by the Minister of Defense, as a diplomatically appropriate move by the new Syrian administration.
According to information obtained Lebanese newspapers, the official reasoning for the cancellation or postponement—reportedly linked to the imminent formation of a new Syrian government—might have been acceptable had the delay been announced in the past few days rather than just hours before the delegation’s scheduled departure.
Preliminary assessments suggest that the cancellation or postponement is tied to ongoing developments within Syria, as well as unfolding events in #Turkey.
Additionally, while government reshuffling in Syria has been cited as a factor, early indications do not suggest an intention to replace the defense minister.
Meanwhile, the Lebanese-Syrian border issue could also see new developments in the near future.