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         French President Emmanuel Macron ​accused​ Turkey of massively importing jihadists into Libya in a “criminal” intervention by “a country which claims to be a Nato member”. Macron ​demanded​ EU sanctions are imposed against Turkey for “violations” of Greek and Cypriot waters.
Turkey ​paused​ its hydrocarbon exploration operations in the eastern Mediterranean for a period pending talks with Greece​.
Armenian PM ​said​ the border clash situation with Azerbaijan stabilised. Azerbaijan held military exercises with Turkish forces.
The Turkish competition board has ​launched​ an investigation into German carmakers Audi, Porsche, Volkswagen, Mercedes-Benz and BMW​.
On July 1, German carmaker Volkswagen said the blow to demand caused by the coronavirus (COVID-19) crisis meant a proposal for it to build a $1.4bn auto plant in Turkey – already in doubt given union protests against investing in a country responsible for human rights offences during its incursion into north-east Syria last October – was no longer under consideration.
Erdogan ​turned​ Hagia Sophia to a mosque​. He could not manage to attract desired attention neither at home nor abroad. Greece on July 21 ​accused Turkey of attempting to encroach on its continental shelf. Netflix has withdrawn a drama series after the Turkish government denied it a filming licence over a gay character, the streaming service ​said​ on July 21.
The AKP party ​presented​ a bill to parliament that if passed will block social media sites including Twitter, YouTube and Facebook if they refuse to comply with stringent new conditions.
Turkey is now a “moderate autocracy” rather than a “hybrid regime”—which exhibits a mixture of characteristics of democracy and autocracy—according to the latest ​version​ of the University of Wurzburg’s Democracy Matrix (DeMaX).
The country ranked 138th out of 176 countries in the matrix’s total value index for 2019. That put it below countries including Afghanistan, Pakistan, and Haiti.
Erdogan’s goal to end Turkish dependency on foreign suppliers to build weapons ​is​ ‘in no way realistic’​.
            3.0​ ​Macro Economy
   Main Macro Indicators
     2015
   2016
   2017
   2018
   Q1
   Q2
   Q3
   Q4
   2019
 Q1
  Q2
    Q3
   GDP Growth (y/y)
      6.1
    3.2
    7.5
    2.8
    -2.3
    -1.6
    1.0
    6.0
    0.9
 4.5
   -
     -
   GDP (per capita, $)
      10,915
    10,817
    10,537
    9,346
    -
      -
  -
    -
     9,127
 -
   -
     -
   GDP (current, TRYbn)
      2,339
    2,609
    3,111
    3,724
 922
    1,023
 1,146
 1,190
    4,280
  1,071
     -
     -
   GDP (current prices, $bn)
      859
    863
    852
    766
    172
    174
    202
    206
    754
176
   -
     -
   CPI (%, eop)
      8.8
 8.5
  11.9
     20.3
 19.7
  15.7
     9.3
    11.8
    11.8
 11.9
   12.6
     -
   Lira-loans (%, y/y, Jul 24)
      14.4
    12.3
 24.9
    1.8
    3.0
 -0.5
    4.0
    13.9
    13.9
 19.1
   40.9
     44.1
   Policy Rate (%, eop, active)
      8.8
    8.3
    12.8
    24.1
    25.5
    23.9
    16.3
    11.4
    11.4
 9.3
   7.6
     7.8
   Population (mn)
      78.7
    79.8
    80.8
    82.0
    -
    -
    -
    -
    83.2
 -
   -
     -
   Unemployment (%, eop, Apr)
      10.3
    10.9
    10.9
    11.0
    14.1
    13.0
    13.8
    13.7
      13.7
 13.2
   12.8
     -
   CA Balance ($bn, May)
      -32.4
    -31.5
    -46.6
      -28.3
    -1.88
    -1.29
    5.92
 -1.07
    1.67
 -7.87
   -8.85
     -
 CA Balance/GDP (%)
  -3.8
    -3.6
   -5.5
     -3.7
     -1.1
   -0.7
   2.9
    -0.5
   0.2
   -4.5
  -
  -
           15​ TURKEY Country Report​ August 2020 ​ ​www.intellinews.com
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