Having warned earlier of the possibility, Turkish President Erdogan moments ago during a live broadcast address, announced a 3-month “state of emergency” across his nation to “effectively tackle the Gulen movement,” as Erdogan stated that there might be more plans to continue coup attempts. The decision has immediately raised fears of more arbitrary arrests, killings and disappearances.
Erdogan added that “citizens should have no concerns for democracy,” and warned ratings egency S&P “not to mess with Turkey” and comforted his citizens that a “state of emergency does not mean military rule” and that the decision was not against the constitution.
But most amusingly, Erdogan promptly warned S&P, which earlier today downgraded Turkey to BB, “not to mess with Turkey” and that the decision to downgrade the country was political; he did that as he warned Europe to mind its own business.
- ERDOGAN: STATE OF EMERGENCY DOESN’T MEAN MILITARY RULE
- TURKEY’S ERDOGAN: CITIZENS SHOULD HAVE NO CONCERN ON DEMOCRACY
- TURKEY’S ERDOGAN SAYS WILL WORK AS PRESIDENT AND COMMANDER IN CHIEF WITH ARMED FORCES TO CLEANSE “VIRUS” FROM MILITARY
- TURKEY’S ERDOGAN: STATE OF EMERGENCY AIMS TO PROTECT VALUES
- TURKEY’S ERDOGAN SAYS S&P `SHOULD NOT MESS WITH TURKEY’
- TURKEY’S ERDOGAN: WHAT’S S&P GOT TO DO WITH TURKEY?
- TURKEY’S ERDOGAN: WE HAD CUT OUR TIES W/ S&P BEFORE
- TURKEY’S ERDOGAN: S&P DECISION IS POLITICAL
- ERDOGAN SAYS TURKEY WILL CONTINUE ITS INVESTMENTS
- ERDOGAN SAYS THERE WON’T BE ANY LIQUIDITY SHORTAGE IN MARKET
- ERDOGAN SAYS TURKEY WON’T STEP BACK FROM FISCAL DISCIPLINE
- ERDOGAN: TURKEY MILITARY TO BE UNDER COMMAND OF GOVERNORS
- ERDOGAN: TURKISH MILITARY IS AT THE SERVICE OF ITS GOVERNMENT
- ERDOGAN: AS COMMANDER-IN-CHIEF WE’LL WIPE OUT VIRUSES IN ARMY
- ERDOGAN: PROCESS TO WIPE OUT VIRUSES IN INSTITUTIONS TO GO ON
BREAKING Turkish President Erdo?an declares “state of emergency” in Turkey after #TurkeyCoupAttempt. pic.twitter.com/FjgVmjJ8Bp
— CNN Türk ENG (@CNNTURK_ENG) July 20, 2016
And The Lira has crashed to 3.10 – a record low against the USD…
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