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Erdogan Taps Journalist to Steer Turkey to Its Superpower Future

Prime Minister Recep Tayyip Erdogan’s new chief adviser envisions Turkey as a superpower, attracting investment from Asia and the Middle East as U.S. policy undermines emerging markets while Europe heads for a “wholesale collapse.”

“The U.S. will pursue its own interest even as it means sacrificing the global economy,” Yigit Bulut, a journalist and broadcaster, said in his office at Dolmabahce Palace in Istanbul yesterday in his first interview with international media since his appointment on July 9. He predicted that the Federal Reserve will start removing its monetary stimulus, which has boosted capital flows to developing nations including Turkey since 2008, by the end of this year.