In a stunning turn of events, renowned journalist Seymour Hersh has dropped a bombshell revelation about a clandestine agreement between US President Joe Biden and Turkish President Recep Tayyip Erdogan. According to Hersh’s latest article on Substack, Biden allegedly offered Erdogan a staggering $11 billion in IMF assistance in exchange for Turkey’s support in facilitating Sweden’s entry into the NATO bloc. The shocking details of this deal have sent shockwaves through the international community.
Hersh, a Pulitzer Prize-winning investigative journalist, disclosed that an anonymous source provided him with inside information regarding the covert arrangement. The source claimed that “Biden promised that a much-needed $11-13 billion line of credit” would be established for Türkiye by the International Monetary Fund (IMF). This financial incentive was purportedly intended to convince Erdogan to withdraw Ankara’s objection to Stockholm’s NATO membership just before the recently concluded NATO summit in Lithuania.
Erdogan, who recently secured his re-election as Turkey’s leader, faces a monumental challenge of rebuilding or rehabilitating hundreds of thousands of structures destroyed or damaged in the devastating earthquakes that struck the country in February, reportedly resulting in the tragic loss of 100,000 lives.
Historically, Turkey had staunchly opposed Sweden’s accession to the NATO bloc due to Ankara’s belief that Stockholm provided shelter to militants affiliated with the Kurdistan Workers’ Party (PKK), a group involved in armed conflict with the Turkish government during the 1980s. The PKK is designated as a terrorist organization by Turkey, Sweden, Europe, and the United States.
“What could be better for Erdogan,” Hersh wrote, quoting an official familiar with the alleged arrangement, “than finally having seen the light and realizing he is better off with NATO and Western Europe?” This statement suggests that the secret agreement may have enticed Erdogan to embrace a pro-NATO stance.
The article also references a financial analysis conducted by the independent think tank Council on Foreign Relations in June, which paints a grim economic outlook for Erdogan’s new term as leader. It warns of an “imminent financial crisis” and presents Turkey with a difficult choice between selling its gold, risking default, or making a complete policy reversal and potentially seeking an IMF program.
Earlier this year, Hersh made headlines when he claimed, also based on an anonymous source, that the United States was responsible for the explosions that crippled the Nord Stream natural gas pipelines, which supply energy from Russia to Europe. The US government promptly dismissed these claims as “complete fiction.”
The alleged Biden-Erdogan deal has sparked widespread speculation and demands for transparency. As the world awaits official responses from the implicated parties, the ramifications of this purported agreement could have far-reaching consequences for international relations and the balance of power within NATO.
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