Turkish President Tayyip Erdogan, announcing the start of the action, said the aim was to eliminate what he called a “terror corridor” on Turkey’s southern border, but European countries immediately called on Ankara to halt the operation.
Thousands of people fled the Syrian town of Ras al Ain towards Hasaka province, held by the Kurdish-led Syrian Democratic Forces. The Turkish air strikes had killed two civilians and wounded two others, the SDF said.
Turkey’s lira slid 0.5%, breakingthrough what traders called a key support level of 5.85 against the dollar to its weakest level since August.
World powers fear the action could open a new chapter in Syria’s eight-year-old war and worsen regional turmoil. Ankara has said it intends to create a “safe zone” in order to return millions of refugees to Syrian soil.
"It is certainly going to be a bloody conflict," Kurdish political analyst Mutlu Civroglu said from Washington, D.C., noting that while the SDF is led by Syrian Kurds, it includes a wide range of ethnic groups. "The Arabs, the Syrian Christians, Yazidis, they are in no way going to accept a Turkish military presence in their region."
EU-Digest