Erdogan has gone way over the line, yet Trump likes him.
A war on business appears to be underway in Turkey. Since last year’s failed coup attempt, more than 950 companies have been seized.
Saturday, July 22, 2017 6:10 PM EDT
Since a failed attempt to overthrow the government of President Recep Tayyip Erdogan last year, more than 950 companies have been expropriated, all of them purportedly linked to Fethullah Gulen, the Muslim cleric who Turkish leaders say masterminded the putsch.
About $11 billion worth of corporate assets — from small baklava chains to large publicly traded conglomerates — have been grabbed by the government, a systematic taking with few precedents in modern economic history.
Read More »
NYTimes
| 