Turkey´s socio economic turmoil
Erdoğan has adopted measures that are a setback for both human rights and economic stability in the country, which has increased social unrest in the streets of Turkey. In March the country withdrew from the Istanbul Convention and the government initiated the process of outlawing the proKurdish HDP, the second largest opposition party. Unemployment and poverty, exacerbated by Covid-19, have continued to rise in the country.
In December 13rd the Turkish lira took its biggest hit in two decades following Erdogan’s decision to deepen interest cuts. Experts claim that inflation already exceeds 50% and the rising cost of living is impoverishing the working class. The mood on the streets is one of crisis.