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Erdogan’s political fate may be determined by Turkey’s Kurds | CNN

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Erdogan’s political fate may be determined by Turkey’s Kurds | CNN

Editor’s Notice: A model of this story first appeared in CNN’s In the meantime within the Center East publication, a three-times-a-week look contained in the area’s largest tales. Join right here.


Abu Dhabi, UAE
CNN
 — 

Turkey’s persecuted pro-Kurdish occasion has emerged as a kingmaker within the nation’s upcoming election, enjoying a decisive position which will simply tip the stability sufficient to unseat two-decade ruler Recep Tayyip Erdogan.

In a key setback to the Turkish president and chief of the Justice and Improvement Occasion (AK Occasion), the pro-Kurdish Peoples’ Democratic Occasion (HDP) final month introduced that it could not put ahead its personal presidential candidate, a transfer analysts say permits its supporters to vote for Erdogan’s important rival.

“We face a turning level that may form the way forward for Turkey and (its) society,” stated the HDP in a statement on March 23. “To satisfy our historic accountability in opposition to the one-man rule, we is not going to discipline a presidential candidate in (the) Could 14 elections.”

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It’s a twist of irony for the Turkish strongman, who spent the higher half of the previous decade cracking down on the occasion after it started chipping away at his voter base. Its former chief Selahattin Demirtas has been in jail for practically seven years and the occasion faces attainable closure by a courtroom for suspected collusion with the militant Kurdistan Employees’ Occasion (PKK) and affiliated teams. However its affect might nonetheless decide the course of Turkey’s politics.

The HDP’s determination to not discipline a candidate got here simply three days after head of the Republican Individuals’s Occasion (CHP) Kemal Kilicdaroglu, Erdogan’s important rival, visited the occasion’s co-chairs. He advised reporters that the answer to Turkey’s issues, “together with the Kurdish downside” lies in parliament,” in accordance with Turkish media.

Kilicdaroglu, who represents the six-party Nation Alliance opposition bloc, is the strongest contender to run in opposition to Erdogan in years. And whereas the HDP hasn’t but introduced whether or not it would put its weight behind him, analysts say it’s the kingmaker within the elections.

“It was a fastidiously crafted political discourse,” Hisyar Ozsoy, deputy co-chair of the HDP and a member of parliament from the predominantly Kurdish province of Diyarbakir, advised CNN. “We aren’t going to have our personal candidate, and we are going to depart it to the worldwide group to interpret it the way in which they want.”

Specialists say the crackdown on the HDP is rooted within the menace it poses to Erdogan politically, in addition to its place as one of many important events representing Turkey’s Kurds, an ethnic minority from which a separatist militant motion has emerged.

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The occasion and the Kurdish individuals have had a sophisticated relationship with Erdogan. The chief courted the Kurds in earlier years by granting them extra rights and reversing restrictions on the usage of their language. Relations with the HDP had been additionally cordial as soon as, as Erdogan labored with the occasion on a short peace course of with the PKK.

However ties between Erdogan and the HDP later turned bitter, and the HDP fell beneath a sweeping crackdown aimed on the PKK and their associates.

Kurds are the largest minority in Turkey, making up between 15% and 20% of the inhabitants, in accordance with Minority Rights Group Worldwide.

It’s unclear if the HDP will endorse Kilicdaroglu, however analysts say that the deliberate distance could also be helpful for the opposition candidate.

The accusations in opposition to the HDP place it in a precarious place through the elections. It at the moment faces a case in Turkey’s Constitutional Courtroom over suspected ties to the PKK, which is designated as a terrorist group by Turkey, the USA and the European Union. Figuring out it might be banned at any second, its candidates are working beneath the Inexperienced Left Occasion in parliament.

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If the opposition is seen as allying with the HDP, Erdogan’s AK Occasion might use its affect within the media to discredit it as being pro-PKK, stated Murat Somer, a political science professor at Koc College in Istanbul and creator of Return to Level Zero, a e book on the Turkish-Kurdish query in Turkey.

The HDP’s menace to Erdogan’s maintain on energy grew to become obvious after the June 2015 election, the primary basic election it participated in. It received 13% of the seats, denying the ruling AK Occasion its majority for the primary time since 2002. Erdogan, nevertheless, referred to as a snap election 5 months later, which led to a drop within the HDP’s assist to 10.7%, in addition to the restoration of the AK Occasion’s total majority.

“They’re a kingmaker in these elections as a result of the HDP will get about half of the votes of the Kurdish inhabitants in Turkey,” stated Somer, including that the opposite, extra conservative Kurdish voters have historically voted for Erdogan’s AK Occasion. And final month, the Free Trigger Occasion (HUDA-PAR), a tiny Kurdish-Islamist occasion introduced assist for Erdogan within the elections. The occasion has by no means received seats in parliament.

The HDP is aware of that its place is vital to the result of subsequent month’s vote, however that it’s additionally in a fragile state of affairs.

“We wish to play the sport correctly, and we have to be very cautious,” stated Ozsoy, including that the occasion desires to keep away from a “contaminated political local weather” the place the elections are polarized “between a really ugly ultra-nationalist discourse in opposition to Kilicdaroglu and others.”

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The occasion was based in 2012 with numerous goals, stated Ozsoy, one among which was “peaceable and democratic decision of the Kurdish battle.”

Somer stated that the occasion was seen to be “an initiative” of the PKK, which later led to a heavy authorities crackdown on it within the title of counterterrorism.

Its former chief Demirtas stays an influential determine.

The Turkish authorities has been attempting to hyperlink the HDP to the PKK however has to this point did not show “an actual connection,” stated Asli Aydintasbas, a visiting fellow on the Brookings Establishment in Washington, DC.

A post-Erdogan Turkey might give some respiratory area to the Kurds and Kurdish-dominated events in Turkey, Aydintasbas advised CNN, noting that many Kurdish voters have lately left Erdogan’s camp. “For HDP, that is extra than simply an ideological alternative,” she stated. “It’s a matter of survival.”

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Ozsoy says his occasion understands what’s at stake, not just for Turkey’s Kurds however for all its minorities.

“We’re conscious of our accountability right here. We’re conscious of our position. We all know we’re in a kingmaker place,” the HDP lawmaker stated.

Two ladies arrested for not carrying hijab following ‘yogurt assault’

Two ladies had been arrested in Iran for failing to put on the hijab in public, after a person threw a bathtub of yogurt at them at a retailer within the metropolis of Shandiz on Thursday, in accordance with Mizan Information Company, the state-run outlet for Iran’s judiciary.

  • Background: A video and report revealed by the Mizan Information Company confirmed footage of the person approaching one of many unveiled ladies and talking to her earlier than he grabs a bathtub of yogurt and throws it, hitting each ladies on the pinnacle. The video seems to point out a male employees member eradicating the person from the shop. The 2 ladies had been arrested, in addition to the person who threw the yogurt, in accordance with native media.
  • Why it issues: Iranians have taken to the streets in protest for a number of months in opposition to Iran’s necessary hijab regulation, in addition to different political and social points throughout the nation. The Iranian authorities has continued to crack down on the protests, and on Saturday, Iran’s Ministry of Inside stated that the “hijab is an unquestionable non secular necessity.”

Oil costs surge after OPEC+ producers announce shock cuts

Oil costs spiked Monday after OPEC+ producers unexpectedly introduced that they’d reduce output. Brent crude, the worldwide benchmark, jumped 5.31% to $84.13 a barrel, whereas WTI, the US benchmark, rose 5.48% to $79.83. Each had been the sharpest worth rises in nearly a yr. The collective output reduce by the 9 members of OPEC+ totals 1.66 million barrels per day.

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  • Background: The reductions are on high of the two million barrels per day (bpd) cuts introduced by OPEC+ in October and convey the overall quantity of cuts by OPEC+ to three.66 million bpd, equal to three.7% of worldwide demand. In a observe Sunday, Goldman Sachs analysts stated the transfer was surprising however “in step with the brand new OPEC+ doctrine to behave pre-emptively as a result of they will, with out important losses in market share.”
  • Why it issues: The White Home pushed again on the cuts by OPEC+. “We don’t assume cuts are advisable at this second given market uncertainty – and we’ve made that clear,” a spokesperson for the Nationwide Safety Council stated. “We’re centered on costs for American shoppers, not barrels.” In October, OPEC+’s determination to chop manufacturing had already rankled the White Home. US President Joe Biden pledged on the time that Saudi Arabia would undergo “penalties.” However to this point, his administration seems to have backed off on its vows to punish the dominion.

Iran blames Israel for the killing of second IRGC officer, vows to reply

A second Iranian Islamic Revolutionary Guard Corps (IRGC) officer died following an assault in Syria on Friday, in accordance with Iranian state media on Sunday. Iranian state media stated the Iranian navy adviser died after an Israeli assault close to the Syrian capital Damascus left him wounded. The assault additionally killed one other IRGC officer. In a tweet on Sunday, Iranian authorities spokesman Ali Bahadori Jahromi stated the alleged Israeli assault wouldn’t go unanswered. Iranian Overseas Ministry spokesman Nasser Kanaani stated on Sunday that Iran has the best to answer “state terrorism.”

  • Background: The Friday airstrike hit a “web site within the Damascus countryside,” Syrian state information company SANA stated. Israel declined CNN’s request for touch upon studies of airstrikes close to Damascus on Friday, saying its navy doesn’t touch upon studies within the international media. Iranian affect has grown in Syria since a civil warfare broke out within the nation greater than a decade in the past, with the IRGC constructing a considerable presence as “advisers” to the Syrian armed forces.
  • Why it issues: The Israeli navy declined to remark, but it surely has beforehand claimed accountability for assaults it has described as Iranian-linked targets in Syria. Israeli Prime Minister Benjamin Netanyahu stated at a cupboard assembly Sunday: “We’re exacting a excessive worth from the regimes that assist terrorism, past Israel’s borders. I recommend that our enemies not err. Israel’s inner debate is not going to detract one iota from our dedication, power and talent to behave in opposition to our enemies on all fronts, wherever and each time crucial.”

Iranian-American comic Maz Jobrani, who has been touring the Center East, spoke to CNN’s Becky Anderson about his assist for the protests in his homeland, saying that he used his standup comedy platform to spotlight the “brutality in opposition to the Iranian individuals.”

“It was a possibility for me to say, ‘let’s preserve combating,’” he stated.

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Watch the interview here.

An Iranian state information outlet is gloating at what it sees because the demise of the US greenback.

IRNA recreated a well-liked meme to mark China and Brazil’s determination to reportedly ditch the US greenback as an middleman in commerce, citing the Chinese language state information outlet, China Each day. It exhibits two males representing China and Brazil posing in entrance of a grave labelled “USD.”

The meme was pinned to the top of IRNA’s Twitter page, and was met with laughter and mock. “Dream on,” stated one other person, pointing to the greenback’s use as the primary reserve forex world wide.

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China Each day stated that the settlement was a part of “the rising international use of the Chinese language renminbi.” It might reportedly allow China and Brazil to conduct commerce and monetary transactions utilizing native currencies as an alternative of the greenback.

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Russia launches Christmas Day attack on Ukraine’s energy system

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Russia launches Christmas Day attack on Ukraine’s energy system

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Russia has carried out a Christmas Day attack on Ukraine’s energy system, leaving more than half a million people without heating, water and electricity. 

Ukrainian President Volodymyr Zelenskyy said the attack, the 13th large-scale assault of 2024 on the country’s grid, was “deliberate” and not a coincidence. “What could be more inhuman?” he wrote on X.

About 50 of the 70 missiles fired in the attack were intercepted, along with a “significant” portion of the more than 100 attack drones deployed, he added.

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This year Ukrainians marked Christmas Day on December 25 for the second time, after switching to the western Gregorian calendar last year. The decision to stop celebrating Christmas on January 7 in line with the Orthodox calendar was made by Kyiv to break with Russian influence.

Oleh Syniehubov, governor of Ukraine’s eastern Kharkiv region, told Ukraine’s national television news that the attack had left more than 500,000 people without heating, water and electricity.

Temperatures across Ukraine are around freezing point.

Heating supplies were also cut in some areas of Ukraine’s Ivano-Frankivsk and Dnipropetrovsk regions, in the west and south of the country. 

Ukraine’s energy grid operator, Ukrenergo, urged consumers to limit consumption by not switching on multiple appliances at once, adding that the system was still recovering from the previous Russian attack on December 13.

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Ukraine’s largest private energy company, DTEK, said that its power stations had been damaged and one of its long-term employees killed.

Ukraine’s foreign minister, Andriy Sybiha, said on X that the attack reflects Russian President Vladimir Putin’s response to “those who spoke about illusionary ‘Christmas ceasefire’”.

Hungarian Prime Minister Viktor Orbán said last week that Zelenskyy had rejected his proposal for a ceasefire and prisoner exchange on the January 7 Orthodox Christmas.

Ukraine denied that such a proposal was ever on the table, asking Hungary to “refrain from manipulations” regarding the war. On Friday, Heorhii Tykhyi, spokesperson for Ukraine’s foreign ministry, described it as “PR, a move” by Orbán.

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American Airlines lifts ground stop that froze Christmas Eve travelers

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American Airlines lifts ground stop that froze Christmas Eve travelers

An American Airlines agent talks to a customer at O’Hare International Airport in Chicago, Ill., last week. On Tuesday, the airline issued a national halt to flights.

Kamil Krzacznski/AFP via Getty Images


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Kamil Krzacznski/AFP via Getty Images

American Airlines passengers across the U.S. endured a sudden disruption of service on Christmas Eve, as a “technical issue” forced the airline to request a nationwide ground stop of its operations.

“The ground stop has now been lifted,” the Federal Aviation Administration told NPR shortly after 8 a.m. ET.

On Facebook and X, passengers shared stories of boarding planes early on Christmas Eve — only to be left waiting on the tarmac. In some cases, they described being told the flight would return to its gate so everyone onboard could deplane.

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The ground stop lasted for about one hour, according to the airline.

 “We sincerely apologize to our customers for the inconvenience this morning,” the airline said.

In a statement sent to NPR, American says the widespread delays were caused by a “vendor technology issue” affecting systems that are needed for a flight to be “released” — one of the final key steps before a plane takes off from an airport.

Early circumstances around Tuesday’s outage seemed ominous, reminding travelers of a nightmare scenario that played out two years ago when computer problems fueled a meltdown for Southwest Airlines as it tried to cope with bad weather during the holidays.

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Southwest stranded millions of travelers — and was later ordered to pay a $140 million civil penalty.

Aviation industry veterans like George Hamlin, a consultant, notes that Southwest took the brunt of the blame for the meltdown — but, he adds, “now we’re finding out that it’s a larger, more endemic problem than that.”

Delayed American Airlines passengers who posted to social media Tuesday said pilots blamed the slowdown on a computer system that aims to ensure an optimal center of gravity by balancing planes’ cargo weight and other factors.

Winter weather also threatens to snarl Christmas Eve travel, including storms along the East and West Coasts of the U.S.

The FAA’s operations page shows nearly a dozen airports were deicing planes Tuesday morning, including at Philadelphia International, and Dulles International and Reagan National outside Washington, D.C.

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If you’re flying, the FAA recommends checking your airline’s flight status updates for potential delays. As of 9 a.m. ET, the FlightAware website’s “Misery Map” showed some 544 flights had been delayed and five canceled since 6 a.m. Nearly 120 of those delays were at Charlotte, N.C.’s, airport.

Nearly 12.7 million passengers are expected to fly on American Airlines this winter holiday season, comprising more than 118,000 flights, according to the airline. The most-traveled days in that span are both Fridays, ahead of and just after Christmas.

NPR’s Joel Rose contributed reporting.

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Private equity payouts fell 50% short in 2024

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Private equity payouts fell 50% short in 2024

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Private equity funds cashed out just half the value of investments they typically sell in 2024, the third consecutive year payouts to investors have fallen short because of a deal drought.

Buyout houses typically sell down 20 per cent of their investments in any given year, but industry executives forecast that cash payouts for the year would be about half that figure.

Cambridge Associates, a leading adviser to large institutions on their private equity investments, estimated that funds had fallen about $400bn short in payments to their investors over the past three years compared with historical averages.

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The data underline the increasing pressure on firms to find ways to return cash to investors, including by exiting more investments in the year ahead.

Firms have struggled to strike deals at attractive prices since early 2022, when rising interest rates caused financing costs to soar and corporate valuations to fall.

Dealmakers and their advisers expect that merger and acquisition activity will accelerate in 2025, potentially helping the industry work through what consultancy Bain & Co. has called a “towering backlog” of $3tn in ageing deals that must be sold in the years ahead.

Several large public offerings this year including food transport giant Lineage Logistics, aviation equipment specialist Standard Aero and dermatology group Galderma have provided private equity executives with confidence to take companies public, while Donald Trump’s election has added to Wall Street exuberance.

But Andrea Auerbach, global head of private investments at Cambridge Associates, cautioned that the industry’s issues could take years to work through.

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“There is an expectation that the wheels of the exit market will start to turn. But it doesn’t end in one year, it will take a couple of years,” Auerbach said.

Private equity firms have used novel tactics to return cash to investors while holdings have proved difficult to sell.

They have made increasing use of so-called continuation funds — where one fund sells a stake in one or more portfolio companies to another fund to another fund the firm manages — to engineer exits.

Jefferies forecasts that there will be $58bn of continuation fund deals in 2024, representing a record 14 per cent of all private equity exits. Such funds made up just 5 per cent of all exits in the boom year of 2021, Jefferies found.

But some private equity investors are sceptical that the industry will be able to sell assets at prices close to funds’ current valuations.

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“You have a huge amount of capital that has been invested on assumptions that are no longer valid,” a large industry investor told the Financial Times.

They warned that a record $1tn-plus in buyouts were struck in 2021, just before interest rates rose, and many deals are carried on firms’ books at overly optimistic valuations.

Goldman Sachs recently noted in a report that private equity asset sales, which had historically been done at a premium of at least 10 per cent to funds’ internal valuations, have in recent years been made at discounts of 10-15 per cent.

“[Private] equity in general is still over-marked, which is leading to this situation where assets are still stuck,” said Michael Brandmeyer of Goldman Sachs Asset Management in the report.

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