Skip to main content

What happened in the World Stock Exchange between 10-17 December?

  Global Stock Market: Global stock markets serve as vital indicators of the pulse of the global economy. Each week, stock markets around the world fluctuate due to various factors, providing investors with crucial reference points. By examining the developments in global stock markets this week and their implications, we can offer insights into the global economy. At the beginning of the week, stock markets typically experience volatility due to significant economic data releases, corporate announcements, or geopolitical developments. Particularly in markets led by the United States, economic indicators and corporate earnings reports hold significant sway. This week, markets closely monitored announcements regarding the Federal Reserve's interest rate policies and indicators like the unemployment rate in the U.S. European markets, often influenced by the economic conditions within the Eurozone, respond to policies of the European Central Bank and trade relations among European nat...

How did the presidential election in Turkey affect America and all the countries of the world?

     The AK Party, which came to power in 2001, and the name we are beginning to hear more about is Recep Tayyip Erdogan. With its very successful policy for Turkey between 2001-2017, it kept Turkey among the developing countries in balance against the economy. In Turkey, which was dragged into the economic crisis between 2017-2023, the Opposition party lost in the 2018 Elections because it could not be very active. He continued to stay in power by getting 50%+ votes with the ruling Paris and Recep Tayyip Erdoğan.
Recep Tayyip Erdoğan sold many institutions in order to keep the economy in balance.

 

 

 

THERMAL PLANTS SOLD by AKP (Ak Parti)


1. Seyitomer Thermal Power Plant
2. Kangal Thermal Power Plant
3. Yatağan Thermal Power Plant
4. Çatalağzı Thermal Power Plant
5. Yeniköy Thermal Power Plant
6. Orhaneli Thermal Power Plant
7. Tuncbilek Thermal Power Plant
8. Soma Thermal Power Plant

HYDROELECTRIC PLANTS SOLD BY AKP (Ak Parti)

1. Atakoy Hydroelectric
2. Beyköy Hydroelectric
3. Çıldır Hydroelectric
4. İkizdere Hydroelectric
5. Kuzgun Hydroelectric
6. Mercan Hydroelectric
7. Tercan Hydroelectric
8. Murgul Hydroelectric
9. Denizli Geothermal Power Plant

SUGAR FACTORIES SOLD

1. Kırşehir Sugar Factory
2. Turhal Sugar Factory
3. Corum Sugar Factory
4. Elbistan Sugar Factory
5. Mus Sugar Factory
6. Erzincan Sugar Factory
7. Erzurum Sugar Factory
8. Afyon Sugar Factory
9. Boron Sugar Factory
10. Alpullu Candy

TEKEL BUILDINGS SOLD

1. Adana
2. Ballıca
3. Bitlis
4. Istanbul Cigarettes
5. Malatya.
6.Slap
7. Yavshan Saltpan
8. Ayvalık Salt Mine
9. Çamaltı Saltworks
10. Çankırı K Salt Plate
11. Tuzluca Saltworks
12. Seki Tuzlası
13. Kağızman Saltpan
14. Sidewalk Saltpan
15. Rocky Saltpan

COMPANIES AFFILIATED TO SUMER HOLDING

1. Mazıdağ Phosphate Facilities
2. Adıyaman Plant
3. Malatya Enterprise
4. TÜMOSAN Plant
5.Bakırköy Confection Industry.
6. Çanakkale Synthetic Leather Plant
7. Diyarbakir Enterprise
8. Beykoz Leather Shoe Factory
9. Sarıkamış Shoe Business

PORTS SOLD

1. Mersin Port
2. Iskenderun Port
3. Samsun Port
4. Bandırma Port
5. Derince Port
6.Salipazarı Port (Galataport)
7. Tekirdag Port
8. Cesme Port
9. Kusadasi Port
10. Port of Dikili
11. Trabzon Port

OTHER SOLD COMPANIES

1. Seyitomer Lignites
2. South Aegean Lignites
3. Murgul Copper Works
4. Samsun Copper Works
5. Yeniköy Lignites Plant
6. Bursa Lignites Plant
7. Sakarya Tractor Industry
8. Eregli Iron and Steel
9. Eti Aluminum
10. Eti Copper
11. Eti Electrometallurgy
12. Eti Silver
13. Eti Chrome
14. Fertilizer Factories
15. PETKİM
16. TÜRK TELEKOM
18. TUPRAS
19. SEKA Paper Factory

It aimed to increase the Economy and Tourism by selling/transferring the companies/businesses you have seen in the examples, but this policy has not been very successful.
While the dollar was 5.29 Turkish liras in 2018, it became 20.96 Turkish liras in 2023 (03.06.2023).
In the 2023 Elections, Recep Tayyip Erdoğan defeated the Opposition Party (CHP) once more by staying in the 2nd Elections.



So how were America and other world states affected? 
 


Because of Recep Tayyip Erdogan's definite speeches and rests, America, including Europe, did not like his policy.
America and Europe have made many attempts in order to depreciate the Turkish Lira in many times when it was intimidated.
Recep Tayyip Erdogan, on the other hand, continued in his own policy. An embargo began to be applied to Turkey, which was not accepted into the European Union.
Now, Recep Tayyip Erdogan does not care much about the European Union. World states, which reduced Turkey's borrowing credibility, decreased this rate after the Chairman of the Opposition Party (CHP) Kemal Kılıçdaroğlu became a candidate for the Presidency. The states of the world (some of them in general) have made it clear that they support Kemal Kılıçdaroğlu.
America, on the other hand, does not want Recep Tayyip Erdogan. Recep Tayyip Erdogan did not do anything the way America wanted. On the contrary, they were in a cold war by opposing and saying you can't use Turkey.

In summary, the person elected in the 2023 Presidential Elections of the State of the Republic of Turkey was the AK Party and its President Recep Tayyip Erdoğan, together with the majority of the deputies in the Parliament.

Comments

Popular posts from this blog

Why is the American economy bad?

  " There are many opinions and theories about why the American economy is in its current state. Some of these are: COVID-19 Pandemic: The COVID-19 pandemic that affected the entire world in 2020 also had a negative impact on the American economy. Many businesses had to suspend or restrict their operations, unemployment rates rose, and consumer spending declined. Trade Wars: In recent years, the United States' trade wars with important trading partners like China and Europe have had negative effects on economic growth. Income Inequality: Income inequality in America is at high levels and is increasing. This causes low and middle-income families to reduce their consumer spending, and therefore negatively affects economic growth. Financial Deregulation : Financial deregulation in recent years has caused many financial institutions to engage in risky investments and resulted in economic crises. Education System: America's education system prevents many students from receivi...

Electric, autonomous and driverless vehicles have become widespread! What are the technologies, advantages and disadvantages behind this trend?

  In recent times, there has been a significant shift towards the development of electric, autonomous, and driverless cars, and this article aims to shed light on the underlying technologies, advantages, and disadvantages of these trends Electric Cars      Electric cars are becoming increasingly popular due to their lower environmental impact and lower operating costs compared to conventional gasoline-powered vehicles. Electric cars operate on battery power and are more energy-efficient. The emissions reduction benefits of electric cars are also essential in the fight against climate change. However, the charging infrastructure for electric cars is still underdeveloped, particularly for long-distance travel. This limited availability of charging stations is a disadvantage for drivers who wish to travel long distances. Furthermore, the longer charging times for electric vehicles compared to gasoline-powered vehicles make practical use a little more difficult. Autonom...

Let's Talk About Iran. What is happening in Iran?

"Several significant events have occurred in Iran recently. Firstly, in January 2023, Ebrahim Raisi was elected as Iran's new president in the presidential elections. Raisi is a leading jurist in the country and had previously served as the head of Iran's judiciary system. Additionally, COVID-19 cases and deaths continue in Iran. Recently, due to the increasing number of cases in the country, the government has tightened restrictions and is working to speed up its vaccination campaign. Furthermore, Iran's nuclear program still draws attention from the international community. Iran claims its nuclear activities are peaceful, but some countries oppose this and impose sanctions. Finally, the recent nuclear agreement between Iran and Saudi Arabia also draws attention. The two countries announced that they will collaborate on nuclear technology, but this agreement has caused controversy in the international community." "Iranian women have different demands regard...