Ottoman loans from European Bankers

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The Ottomans had taken loans from Western bankers, and in order to repay them—as well as to align with the liberal reforms of the Tanzimat movement—they were ‘advised’ to impose heavy taxes on Christians. This led to tensions with the Armenians and other Christian communities in Eastern Europe. The consequences of these policies can still be observed today.

~ Shaykh Asrar Rashid

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Moro Blanco

A place where I write, compile, and share things that interest me from a wide range of topics.