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Guardian of the Straits: Turkey's Plans for a Bypass Canal and the Future of Montreux


April 14, 2021 01:00 PM
Age: 7 hours
(source: ahvalnews.com)
1 PM April 14th for the webinar,
Guardians of the Straits: Turkey’s Plans for a Bypass Canal and the Future of Montreux.
On April 7, Turkish President Recep Tayyip Erdogan announced that work on Kanal Istanbul would begin this summer. The $9.2 billion project, which will create a canal that will run parallel to the Bosporus Strait, has been marred in controversy, with critics alleging that it could threaten the Montreux Convention that has governed passage through the Straits since its signing in 1936. More than 100 former high-ranking Turkish naval personnel signed a statement criticizing the project to that effect. To date, Turkish officials have said that Kanal Istanbul would not affect the rules of the Convention, which limit the size and number of warships that can traverse the Straits. However, the new man-made waterway could allow the transportation of LNG shipments, potentially opening ....

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Turkey: Weak Lira Ignites Interest in Cryptocurrencies


Turkey: Weak Lira Ignites Interest in Cryptocurrencies
Published April 13th, 2021 - 12:30 GMT
And in Turkey it was no different, where investors say a weak lira and inflationary pressures, along with the hopes of quick gains, have driven demand. (Shutterstock)
Highlights
Cryptocurrency’s protection against inflation has been one of key drivers behind its popularity with the Turkish public.
As governments and central banks around the world attempted to counter the devastating economic damage wrought by the Covid-19 pandemic by opening the stimulus taps to gush out trillions, it left many worried about the devaluation of their currencies.
One of the go-to safe havens in the context where confidence in fiat money is low, has been to use gold as a store of wealth. But what took place instead in overwhelming numbers, was the dramatic adoption of cryptocurrencies like Bitcoin, which began to fulfil the role of digital reserve-asset, leading it to be dubbe ....

Mehmet Emin Zengin , Mahmut Akdemir , Onur Gozupek , Naci Agbal , Ministry Of Treasury , Innovation Center Blockchainist , Bahcesehir University , Communications Authority , Turkey Central Bank , Central Bank , Google Trends , Istanbul Basaksehir , Kadir Has , Istanbul Blockchain , Innovation Center , Information Technologies , அமைச்சகம் ஆஃப் கருவூலம் , பஹ்ஸ்செஹிர் பல்கலைக்கழகம் , தகவல்தொடர்புகள் அதிகாரம் , வான்கோழி மைய வங்கி , மைய வங்கி , கூகிள் போக்குகள் , கதிர் உள்ளது , இஸ்தான்புல் ப்ளாக்சைன் , கண்டுபிடிப்பு மையம் , தகவல் தொழில்நுட்பங்கள் ,