DURING the days Turkish sultans, the Ottoman Debt (the amount of mone! owed by the Ottoman empire to its creditors in the West) was a banker's nightmare.
Today the situation is not so different. the ast tew years Turkey has been involved the largest negotiation in financial history. Swiss, German, American and British banks all have big commitments there.
The crisis capitalist system has affected Turkey rather dramatically. • Ine result has ocell a growilig political polarisation and the rapid growth of the fascist Nationalist Action Party.
The economic and political chaos WON foundations of thé state: fiercely secular and committed Parliament was paralysed and the malor ponucal partes ulterly discredited.
restallations there provide the Pentagon Turkish quarter of its information on the 'modernisation' USSR The the country had reached such a pass that a civil war could not be excluded in the coming months. The coup was designed to Such: a and to 'stabilise Turkey".
was to ban the unions ship and impose a curfew. But while in the Turkey wants the army to 'stabilise' is democratic organisations in the not the same as it was in 1960 or The economic created large unemployed. The turning back - proved of Turkish immigrant workers from Germany has dealt a further blow to the economy. The tion of the trade unions and the generals thus confront a set of backed In e tasks which it will not be easy to resolve. take over a bo tee Temporary Adnan The l0 per cent wage in crease which has been decreed the army to move immediately The coyness of the Western to crush the workers Wing to buy time. But that is only temporary cannot prevent a new strike action in several months The coup had been expected wnose olficials were in e state of despair for some time, new rulers will be able to carry out the aims desired by the US State Department US moot peint. And if it can't then *the Turkish cauldron will begin • to bubble again.
up to capacity growing instability in development The first act of the generals main trade the left introduce censorthe United States crisis has pool of - it is trysolution which • Wave WI , but whether the remains a