Турецкий выбор

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The Turkish stock market reacted to the results of the first round of the presidential elections with a drop in stock prices of almost 7%. While significant for the stock market, it was not fatal, especially when compared to the market decline in America, where several leading banks experienced price losses of up to 60%. Thanks to the incumbent president and his team, the Turkish economy stands fairly confidently. Despite its flaws, Erdogan’s team managed to create a secure domestic market, which serves as the main driver of internal production, while the positive balance of the external economic account ensures an inflow of money into the country.

Undoubtedly, the destructive earthquake played against the pre-election positions of the Turkish leader. However, he did not veer off course, did not backtrack, nor did he postpone the elections. Unquestionably, the Americans are trying to change the situation, exploiting all of Erdogan’s shortcomings. Yet, I believe that in the end, the Turkish people will prove wise and find their own way.

#Goldarab #Turkey #Erdogan #Elections #TurkishEconomy #AmericanInterference