Turkey Archive

A country’s gold reserves are meant to provide stability and financial ballast, not cash for everyday purchases. Only in the most extreme cases do they become a source of currency for vital supplies. That is exactly what is happening in Venezuela, where the political crisis has triggered the kind of international intrigue usually scripted in Hollywood. The embattled government of President Nicolas Maduro is trying to cash in its reserves while the opposition and its foreign backers maneuver to keep the country’s gold and any hard currency from its sale out of Maduro’s hands. This intrigue involving bank vaults and […]

Earlier this month, Turkey broke a long period of silence on China’s policy of forcibly incarcerating over 1 million Uighur Muslims, calling it a “great shame for humanity.” The statement, which prompted an indignant response from Beijing, represented a shift for Turkish President Recep Tayyip Erdogan, who has pursued deeper economic ties with China but has also come under increasing political pressure to speak out against repressive Chinese policies toward its Muslim minorities in Xinjiang, in western China. In an interview with WPR, Selçuk Çolakoglu, director of the Turkish Center for Asia-Pacific Studies in Ankara, discusses what led Erdogan’s government […]