Israeli academic accuses Jewish lobby for falling Turkish lira

Edy Cohen, an Israeli academic and analyst, has blamed the Jewish lobby for the recent volatility of the exchange rate between the Turkish lira and the U.S. dollar.

Cohen, a faculty member at Israel's Bar-Ilan University and an analyst at the Begin-Sadat Center for Strategic Studies, tweeted the remarks in Arabic accompanied by the hashtag, "support the Turkish lira".

"The Turkish lira has fallen to its lowest level in Turkey's history," Cohen said, going on to claim that the sudden decline had happened shortly after the Israeli ambassador was insulted at an Istanbul airport as he prepared to depart the country.

Addressing Turkish President Recep Tayyip Erdoğan, Cohen said: "Don't you know that half of the world's wealth belongs to only one Jewish family, which is Israel's primary supporter?"

Cohen went on to warn that the Turkish economy would experience further losses as a result of the lobby's machinations.