The Zioneer published a Saturday evening analysis dismissing Turkey's recent military and diplomatic posturing. The piece argues that Ankara's defense alliances with Saudi Arabia and Pakistan are 'fictitious' and will not hold under a real test, such as a Houthi missile attack on Saudi Arabia. The analysis also highlights Turkey's economic fragility, noting that the lira continues to weaken, and that without the central bank's 37% interest rate, the dollar would already be at 80 lira.
The Zioneer's Saturday evening analysis dismisses Turkey's recent regional posturing as a sign of weakness, not strength. The piece argues that Turkey's defense alliances, including the newly signed pact with Saudi Arabia and Pakistan, are 'fictitious' and will prove worthless when tested, citing the Houthi threat to Saudi Arabia as a potential test case. The analysis also highlights Turkey's economic fragility, noting that the lira continues to fall against the shekel and dollar, and that without the central bank's 37% interest rate, the dollar would already be at 80 lira. The commentary reflects a skeptical view of Ankara's ability to project power in the region, amid ongoing tensions with the Houthis and the broader Iranian axis.
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