Turkey is facing sanctions, again

Atilla YeşiladaPosted on

 

US Treasury is becoming increasingly alarmed that Russian firms are violating sanctions through Turkish intermediaries.

 

  • Ankara has been warned that this type of conduct will trigger sanctions.

 

  • Turkey is no stranger to sanctions and threats thereof, but only ONE of the many instances lead to visible negative market reaction.

 

  • Is Erdogan regime turning a benign eye to sanctions violations? If so why?

 

  • Turkey’s economy is a so fragile; even talk of sanctions could cause a currency panic or run on banks.

 

  • WHY does Real Turkey Channel think Erdogan will risk this threat and aid his pal Putin?

 

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Published By: Atilla Yeşilada

GlobalSource Partners’ Turkey Country Analyst Atilla Yesilada is the country’s leading political analyst and commentator. He is known throughout the finance and political science world for his thorough and outspoken coverage of Turkey’s political and financial developments. In addition to his extensive writing schedule, he is often called upon to provide his political expertise on major radio and television channels. Based in Istanbul, Atilla is co-founder of the information platform Istanbul Analytics and is one of GlobalSource’s local partners in Turkey. In addition to his consulting work and speaking engagements throughout the US, Europe and the Middle East, he writes regular columns for Turkey’s leading financial websites VATAN and www.paraanaliz.com and has contributed to the financial daily Referans and the liberal daily Radikal.