Recession Fears Rattle U.S. Stock Market
The sharp market drop on Monday is undermining President Trump’s economic promises. In the run-up to the election, Trump gained a significant advantage over Kamala Harris by focusing on inflation and high prices. However, his trade wars are rattling the markets. His push for a more protectionist U.S. economy has reignited fears of a recession. Over the weekend, Trump’s remarks about a “painful transition period” in the economy turned existing concerns into full-blown panic. While he may attempt to calm the markets with new statements, it’s clear that he remains committed to transforming the American economy through tariffs and domestic production incentives.
More
What is Erdoğan's Syria discourse saying?
President Erdoğan's agenda reflects a mixture of integration and repatriation of refugees in Turkey against the xenophobic discourse proposed and promoted by opposition voices
More
'The opposition has a democratic right to criticize the Turkish government’s refugee policy. That right, however, should be exercised without poisoning the country’s democratic culture'
Historically, Western governments prefer liberal values and principles in their foreign relations only when they enjoy a competitive advantage. When the governments experience crises and find themselves in a disadvantaged position, hatred, alienization and otherization increases. This has been the case recently with the Western world knee-deep in political, social and economic crises.
A French high school teacher, Samuel Paty, was brutally murdered by a young, Russian-born Muslim of Chechen descent, Abdoullakh Abouyedovich Anzorov. This heinous terrorist attack caused outrage in French society. The murder of Paty was not the country's first such incident. France had also previously suffered Daesh violence and the 2015 Charlie Hebdo attack. Many leaders, including those from Muslim countries, demonstrated solidarity with France in the aftermath of those acts but Muslim communities and institutions were still put under surveillance and heavy pressure.
People trying to put labels on President Recep Tayyip Erdoğan’s strong reaction to French President Emmanuel Macron’s Islamophobic provocations make plenty of accusations – all part of a broader, ideologically charged campaign to distort the truth. Critics accuse Erdoğan of waging a "culture war" and contributing to the radicalization of Muslims by promoting an atmosphere of violence. Others question why the Turkish president seeks to write a new, anti-Western story.
Europe's test with Macron
French President Emmanuel Macron is in a dangerous tailspin. His government not only turned a blind eye to offensive depictions of Prophet Muhammad, an insult against Muslims’ sacred values but projected them on public buildings in the name of free speech.
More
Resurgence of anti-Islam in Europe
The current European governments and politicians who face many political, social and economic problems try to use other states, peoples and civilizations as a tool for their own interests. They try to instrumentalize them for their own good, no matter how it might harm others.
More
It’s a joke when President Macron says ‘We are one’ while excluding Muslims, human rights activist tells Anadolu Agency
The latest wave of ultranationalism, xenophobia and anti-Islamism in Europe has been threatening the very essence of modern values and institutions, namely the liberalism and internationalism mainly represented by the EU.
Insight Turkey, one of the leading academic journals in Turkey and the Middle East, discusses the European Union in its final issue.
The future seems almost dark for Western values which are under attack by the revival of racism, populism, Islamphobia and xenephobia in societies
As we enter the last six weeks of the US election, all eyes are on the two presidential candidates. Their performance from now until Nov. 4 will be crucial to determining the next president of the US. In this world of postmodern politics, however, no one knows what a good performance is.
