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Reuters said footage showed the heads of bar associations being pushed and jostled by police.
Please note that these people are the heads of bar associations.
“Our march to the capital of this country is being stopped for no reason and is completely unlawfully,” Erinc Sagkan, head of Ankara’s bar association, told reporters.
“It’s a black day for Turkey as its lawyers are blocked from walking into the capital city through violence,” he said. The lawyers started a sit-in protest following the blockade.
“The government is aiming to form multiple bar associations in the same province, thus creating conflicting associations whose power has been dimmed, through the old strategy of divide, conquer and rule,” the Istanbul Bar Association said in a statement objecting to the bill.
2.2 Economics of faschism: Data reliability, capital controls, scrapped free market...
Turkey’s former economy czar Ali Babacan questioned the reliability of the statistical institute TUIK’s official data. It is a greatly honorable move by Babacan to become the latest person on the planet who questions the TUIK data. His opposition to Erdogan was also timely, as it happened after the country collapsed. He hopes birds roasted by his big brothers in the global establishment will fly into his mouth ready. We will see.
Banks are under growing pressure (See Section 2.10).
Atilla Yesilada of Paraanaliz has also recently expressed anxiety about: "The
Brutal Murder of the Turkish Private Sector"
Babacan also said in a separate interview with Reuters that Turkey risks another slump in the Turkish lira unless it can access fresh sources of foreign exchange. Trust in the country’s economic institutions had eroded, he said.
“You can dictate onion prices... but you cannot dictate the foreign exchange price,” he added.
Babacan is not thought to have attracted more than 1% or 2% support for his Deva party among the electorate. Yet even incremental gains for Deva could spell trouble for Erdogan, whose AKP rules in a coalition with the ultra-nationalist Nationalist Movement Party (MHP). Babacan said it was unlikely Erdogan’s government would last until the next scheduled general election in 2023.
“Capital controls are not a black and white area, it consists of shades of grey. Turkey is going towards a darker grey,” he said.
Yes, Babacan knows the economy.
2.3 Morgan Stanley warns Turks MSCI Frontier Markets status may be around corner
Morgan Stanley Capital International (MSCI) is considering launching a consultation on a proposal to reclassify the MSCI Turkey Index to the Frontier Markets or Standalone Markets status if the accessibility level of the Turkish
7 TURKEY Country Report July 2020 www.intellinews.com
