June 14, 2015

In Turkey, a perfect storm gathers on the horizon

A financial crisis looms in Turkey as internal instability and external pressures reveal the contradictions of Erdoğan’s debt-driven development model.

The historic gains of the Peoples’ Democratic Party (HDP) in the Turkish elections have upset the autocratic ambitions of President Recep Tayyip Erdoğan. After managing to cross the very high electoral threshold of 10 percent, the HDP’s surprise showing means that a pro-Kurdish party will, for the first time, be officially represented in parliament — preventing Erdoğan from obtaining a majority and thereby obstructing his ambitions to rewrite the constitution and grant himself sweeping autocratic powers. Read more.


Pro-Kurdish Left Party Garners 13% of the Turkish Vote (video) - TRNN

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