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Home arrow In Brief arrow Turkish Economy Falling Down again, in a Context which is No more that of 1999/2001...

Turkish Economy Falling Down again, in a Context which is No more that of 1999/2001...

Автор ACM
lundi, 18 mai 2015
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*A News-Viewpoint/- Falling growth, Serious Trade Deficit, Higher Inflation, and constantly Growing Unemployment, are among the factors which obviously push towards more Social Tensions and Unrest in Turkey :


F.ex., among others, instead of the more than +10 % of Growth that had been reached in a few Past years, now Turkey struggles with only 2,9%. But, given the State's policy to push for more and more Births, Turkey generaly needs at least 5% of Growth in order to absorb the number of Youngsters arriving each year at the Labour Market, (unless it exports them to Europe via Mass Migration)...


In addition, "an unexpected Leap" in Turkey's "current account Deficit", reportedly "caused by a severe Fall in Exports", "surprised" the markets this May, which have seen, in general, "the Slowdown to have Intensified in 2015"


Thus, Unemployment, rising steadily during the last 5 Years, reached almost 12 % at the beginning of 2015, i.e. the Highest level since before 2010, affecting more than 3,3 Millions of workless aged "15 - 64", (while among Young people aged 15 - 24, the Unemployment has passed over 20%).


The problem is that, at the same time, Inflation jumped up to more than + 7,63% annualy, while Consumers' Prices augmented + 1,63% only on April, (fuelled also by a Devaluation of the Turkish Lira, whose Weakening makes Imports more Expensive), with reportedly "Record High Prices for Food", etc.


To the point that experienced observers were led to count on "Informal" Social Aid networks for the "worst affected" among the extending number of needy.
Recently, this goes on almost Every Day, confirming a gradual Trend towards a Worsening of the situation : F.ex., Lira stood at 2.5785 against US Dollar last Friday evening, but immediately Fell down to 2,5830 for 1 USDollar Today early Morning, while, on the contrary, Turkish Government's 10-year Bonds yield rose from 8,96 % on Friday, up to 8,99 % this Monday, persisting to slowly but continuously restrict the money available in the market, as Turkish State's Deficit may become Higher than the almost - 9 Billions USA $ predicted now by Ankara.


Thus, among various other concrete examples, 2 Turkish Factories assembling Italian and French Cars for "Fiat" and "Renault", still "remained" Blocked Yesterday, "as (Turkish) Workers protested employment conditions", reported Reuters earlier this Monday.


If these recent Trends persist longer, the aggravation of Economic and Social problems in Turkey, (given also the current overall Context in its Surrounding Area), may become, sooner or later, Worse even than the 1999-2001 Big "Krach", from which, controversial Economist Dervis, a long-time Global bodies' Bureaucrat, struggled to get Turkey out, thanks to IMF Austerity, profiting from an unprecedented Mass Destruction of unsustainable Traditional Industry after Izmit area's Historic Earthquake, which notoriously Killed more than 30 Thousands of mainly Poor People, and from an equally unprecedented massive influx of EU Funds, thanks to a controversial attribution of a Status of EU "Accession Candidate" to Ankara then, (etc).


But, Today, on  2015, none of those exceptional factors of the Past can't exist, no more, with a more Critical than ever EU Parliament elected last May 2014, and  particularly after the recent British Elections, where a strong Majority of British People voted for even more EU Financial Austerity and Mass Immigration Restrictions, earlier this Month...


In this new context, EU Parliament's forthcoming Debates and Votes on EU Commission's 2015 Report on Turkey's political and economic developments and prospects, next week in Strasbourg, must examine the situation more seriously than before.

 

(../..)

 

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They voted to "freeze" UK Government's draft to put People in jail for 42 Days on "anti-terrorist" suspicion without charge, or they abstained. Don't they look suspect ?
-------------------------

CoE's debate on UK controversy stirs PanEuropean check of anti-terror suspects' imprisonment

Former Leftists of the Sixties would boil in hot water if they heard PACE's debate on the controversial 42 days detention without charge, currently drafted by the British Government :

A "Socialist" Government, a Socialist PACE Rapporteur and a Socialist Chair of PACE's Legal Committee, opposed a .. "Conservative" amendment (supported by .. Liberals, Democrats, etc), to freeze the measure, in order to protect Citizens' Freedom, by "waiting" until CoE's Venice Committee checks its conformity with Human Rights' principles.

"Left"'s support to Conservative-Lib.Dem's criticism, wasn't enough to obtain a majority, nor to make things as they were back in the good old days, when "Left" and "Right" had a clear meaning, as "liberty" and "restrictions"...

Conservatives and most Democrats were joined by the Left in voting for the "freeze", as well as Liberal Paul Rowen, while Socialist MEP Ivan Popescu, an experienced MEP from Ukraine (PACE Member since 1996-2008) abstained. But most Socialists, added to a few Liberals and EPP's Right, voted against.

Fortunately, someone inside PACE had the wise idea to shorten the Debate for less than 1 Hour, and put it on the Agenda only at the end of an exceptionally busy day, towards the end of the Evening, when most MEPs had already gone to taste wins and foods at various Receptions all around Strasbourg's "European" area : As a result, not even 42 MEPs weren't present..

Socialist Lord Tomlinson accused the leaders of the PanEuropean Assembly, in its highest body : the "Bureau", to "lack wisdom" by deciding to hold a Debate on an issue that neither the Socialist Chair of the Legal Committee, nor its Socialist "reluctant Rapporteur", did "not want to do", ...

tomllinson

Finally, everybody (critics and supporters alike) was happy to agree, in substance, that the controversial measure "may" gravely violate Human Rights, and therefore, PACE asked Legal Experts of Venice Commission to check UK Government''s plans.

But this might take more than .. 42 Days to do, since PACE's Rapporteur asked the Experts to enlarge their study in a PanEuropean comparison of all that is happening on "anti-terrorism" legislation in 47 CoE Member Countries, including Russia, Turkey and Azerbaidjan..

Bad lack : "The existing 28 days’ detention without charge in the UK is, in comparison with other CoE member countries, one of the most extreme : In Turkey, the period is 7,5 days, in France 6 days, in Russia 5 days, and in .. the U.S. and Canada just 2 and 1 days respectively", denounced Democrat MEP Ms WOLDSETH from Norway..

woldsteth

"Numerous respected human rights organisations, including Liberty and Human Rights Watch, have expressed serious concern" "The proposed legislation ...could easily lead to extensive abuses. ...Detention for 42 days means six weeks in which one is taken away from one’s family, friends, home and livelihood only to be let off without being charged. That will destroy lives and isolate communities", she added.

- "3 years ago, the UK Government sought to increase the period of pre-charge detention from 14 days to 90 days. Not long before that, it had been only 7 days. There was a vigorous debate ...and a ...compromise was reached of 28 days. We have to ask whether there are proper safeguards in place to extend the period to 42 days. I suggest that there are fatal flaws", reminded British Conservative Clappison.

- "What sort of society holds someone in detention for 42 days and does not have to tell the person who is in prison why they are there, or explain the suspicions that arose and led to their detention? What sort of society believes that that is the way to treat its citizens? That is an appalling injustice, ...A 42-day detention period will not make the UK safer. Instead, it will be the first step to giving in to terrorists; it is saying that we are prepared to sacrifice our democratic rights and the principles for which we have stood for centuries", criticized British Liberal Michael Hanckock

hancock

"Comments made ...by Norwegian delegates are unfortunate", replied British Socialist MEP Ms.Curtis-Thomas, accusing them to "besmirch the reputation of our police force, which is one of the Best in the World", as she said, believing that "there are significant safeguards ...to ensure that individuals are not subjected to unlawful detention"

curtis

PACE "has serious doubts whether ...the draft legislation are in conformity with the ...case-law of the European Court of Human Rights. A lack of ..safeguards may lead to arbitrariness, resulting in breaches of ... liberty and ...right to a fair trial". PACE "is particularly concerned that: ..the judge ..may not be in a position to examine whether there exist reasonable grounds for suspecting that the arrested person has committed an offence;"; that "... representation by a lawyer may be inappropriately restricted or delayed;" that "information on the grounds for suspicion of a person ...may be unduly withheld.. ;" that this "may give rise to arrests without the intention to charge;", and; in general, that "prolonged detention without proper information on the grounds for arrest may constitute inhuman treatment", says Klaus De Vries' Report, adopted with 29 votes against zero.

vries

Records don't say if it took him 42 Days to draft his Report, but, at least, he knew why...

Polls

2009 EU Elections were won by Parties against Technocracy and Turkey's controversial EU bid, while the 1999-2004 Majority Abstention trend decelerated. What should be done in 2009-2014 ?

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