HAKAN AKBAS WAS HANDE DEMIREL'S GUEST ON BLOOMBERGHT
Hakan Akbas joined live Hande Demirel to discuss the US-Turkey relationship in the wake of G20 Leaders Summit in China. Hakan first broke the news about Turkey's defacto safe zone in Norther Syria on CNN on Sunday. For the CNN footage, please visit our youtube channel.
Mr. Akbas key messages included:
- We do not expect Yellen to raise rates until after November 8th elections.
- EU will continue to suffer sluggish growth, low inflation and high unemployment as monetary policies alone can not deliver prosperity in the absence of structural reforms due to rise of populist divisive rhetoric from EU governments.
- Even if there is a ceasefire in Syria agreed to between US and Russia, I do not realistically see it holding just like past February's failed ceasefire.
- Turkey's operation in Syria will likely expand into Raqqa to secure ISIS capital in partnership with more than 5,000 US ground forces.