Connect with us


No easy passage for the Erdogans canal map




What if there was another way?

Photographer: Kerem Uzel / Bloomberg

President Recep Tayyip Erdogan is famous for mega-projects. Under his leadership, Turkey built one of the largest airports in the world in Istanbul, the most complicated tunnel under the Bosphorus Strait and one of the largest suspension bridges connecting Asia to Europe. Critics have accused him of completing his own legacy with these grand projects, but most of them have been popular with Turkish audiences.

None of them sparked the controversy that now surrounds Erdogan’s latest oversized venture: an artificial canal, titled Canal Istanbul, parallel to the Bosphorus between the Sea of ​​Marmara and the Black Sea.

The project has been challenged by environmentalists who fear it will destroy Istanbul’s natural habitat and erode freshwater reservoirs. Others questioned the financial viability of the project, with the Turkish government providing various estimates ranging from $ 12.7 billion to $ 25 billion.

The fate of a 1936 is also at stake. Montreux Convention, an international agreement regulating traffic through the Bosporus and the Dardanelles Strait.

Things peaked last week, when Speaker of Parliament Mustafa Sentop suggested Erdogan had the power to withdraw from the treaty. He later claimed he was simply taking stock of presidential powers and not politics, but it was enough to alarm a group of former Turkish admirals to issue a joint statement opposing the idea and arguing that the convention was essential for maintaining peace in the dark. Wed.

In turn, this prompted Erdogan to summon his cabinet and senior officials for an unscheduled meeting. Ten of the signatories of the declaration have been arrested, the president’s communications director accusing them of insinuating that the government should be overthrown.

Erdogan has since said he had no intention to repeal the convention. But he did not explain how he intends to reconcile the economy of his dream of a canal with the realities imposed by the treaty.

The Istanbul Canal should be built under the build-own-operate investment model, to avoid a drain on state resources in the event of high stress due to the pandemic. But to recoup the required investment, the private entrepreneur would need a significant stream of income – and the convention makes that impossible.

According to its terms, Turkey cannot prevent ships from using the Dardanelles and Bosphorus sea lanes, which means it cannot force transit ships to use the proposed canal. Turkey is allowed to charge only nominal fees for these crossings, currently averaging around $ 4,500 per vessel. Only a significantly lower transit charge would provide an incentive to use the Istanbul Canal, and the difference would have to be offset by a higher volume of traffic.

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

picture credit


to request, modification Contact us at Here or [email protected]