“McDonald’s” and Burger King “Turkish weapon in the battle of the Lira


The Turkish capital Ankara has recently refused to grant licenses to American and international companies and restaurants in the midst of an unprecedented diplomatic crisis between Turkey and the United States following the arrest of American Rev. Andrew Branson .
The Turkish rejection came after Turkish President Recep Tayyip Erdogan recently called for the boycott of US electronic products, while the government doubled the fees imposed on a number of them.

Turkey said it imposed tariffs on US products, reciprocally, after the United States imposed high tariffs on imports of steel and aluminum.

According to the newspaper “Hurriyet Daily News”, the municipality of “Kishorin” in Ankara refused to grant licenses to McDonald’s restaurants and “Burger King” and the chain of cafes famous “Star Pax.”

“I hope that the decision we have taken will serve as an example,” said Mustafa Ak, a municipal mayor of a ruling Justice and Development Party (AKP), referring to the need for other municipalities to make similar decisions.

“Our country will win this war against Turkey, and this war is only a sequel to the failed coup attempt on July 15, 2016,” Akka said, adding that the win would be won by clinging to identity and law enforcement.

In the meantime, Burger King issued a statement saying it was not an American company as its headquarters were located in Brazil. “It was bought by the VC Capital Fund in Rio de Janeiro in October 2010, The company “RBI” which operates a number of international restaurants.

In Turkey, TAB has been managing Burger King restaurants in the country for 23 years, but its activities have been hampered recently by the crisis between the two allies of the North Atlantic Treaty Organization (NATO).

The municipality says it can not remain idle in front of the Turkish lira, recently, so I thought of taking action to respond to the United States also urged Turkish citizens to sell foreign currency to protect the national currency.

The Turkish lira has lost about 40 percent of its value within weeks, and the currency has recovered a limited amount in recent days, but a number of experts expect it to deteriorate again with Washington signaling new sanctions and US President Donald Trump’s assertion that he will curtail Turkey and crack down on it until it releases About the pastor.

The lira crisis has raised major concerns in Turkey, while the leader of the opposition Republican People’s Party, Kamal Kilijdaroglu, warned on Thursday that Erdogan is using the current diplomatic crisis with Washington to cover his economic failure.

Kiligdar stressed that the lira crisis is not only the result of the priest’s case, but also finds its roots in the poor economic performance that has been accumulating for a long time, despite warnings from economists.

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