Beacon: turkish lira

Showing posts with label turkish lira. Show all posts

Tuesday, January 4, 2022

Turkey's Erdogan announces visiting UAE

Tommy January 04, 2022 0 Comments

Turkish President Recep Tayyip Erdogan said Monday that he is planning to pay an official visit to the United Arab Emirates in February, fol...

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Thursday, December 23, 2021

turkish lira

Collective desire to flee Turkey amid soaring inflation

Tommy December 23, 2021 0 Comments

Turkey's new plan, announced Dec. 20 shortly after the lira sank to an all-time low, aims to encourage retail lira deposits by offering ...

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Wednesday, December 15, 2021

turkish lira

Financial crisis weighs heavily on Turks

Tommy December 15, 2021 0 Comments

Fears that Turkey is on course for a full-scale financial crisis have intensified after the lira plunged to fresh lows against the US dollar...

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Tuesday, November 30, 2021

turkish lira

Turkey's lira in free fall, as Erdogan sticks to wrong policies

Tommy November 30, 2021 0 Comments

Turkish President Recep Tayyip Erdogan isn’t content with only one currency crisis a year. Which is how the lira has come to be plunging hea...

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Thursday, November 25, 2021

turkish lira

Turkey's Erdogan is losing grip on power

Tommy November 25, 2021 0 Comments

Turkey's currency fell as much as 15% to a session of low 13.4539 before paring losses. The lira’s 11-day losing streak is now the longe...

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Wednesday, November 17, 2021

turkish lira

Turks are rooting for change

Tommy November 17, 2021 0 Comments

A diverse coalition, including ex-AKP renegades and secular nationalists as well as moderate Kurds and left-wing progressives, are putting t...

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Wednesday, November 10, 2021

turkish lira

Lira’s losses prompt Turkey’s central bank to tinker with required reserves

Tommy November 10, 2021 0 Comments

As Turkey’s embattled lira is trading near record lows, central bank tends to tinker with required reserves. Turkish central bank began cut...

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Sunday, October 31, 2021

unemployment

Turkey's crashing economy widens poverty

Tommy October 31, 2021 0 Comments

The problem of poverty and income distribution has haunted Turkey for decades. As a result of inflation, loss of currency value, and the pa...

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Monday, October 25, 2021

turkish lira

Lira hits new record low, as investors flee Turkey

Tommy October 25, 2021 0 Comments

Turkey’s lira fell to a fresh record low of 9.85 on Monday after President Recep Tayyip Erdogan said he was pursuing the expulsion of ten...

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Wednesday, September 29, 2021

turkish lira

Erdogan lives like a sultan while Turks suffer

Tommy September 29, 2021 0 Comments

Despite the Turkish government's announcement of austerity measures, the President's exception and the folding of presidential discr...

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Monday, September 13, 2021

turkish lira

Turkish lira sees sharpest decline

Tommy September 13, 2021 0 Comments

The Turkish lira fell by as much as 1.5 per cent against dollar and was trading around the 8.45 mark on Wednesday afternoon, as concerns abo...

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Wednesday, August 18, 2021

turkish lira

Turkish flight crew seek asylum in Canada

Tommy August 18, 2021 0 Comments

The Turkish newspaper "Zaman" reported that a Turkish Airlines hospitality crew submitted an application for asylum in Canada. The...

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Wednesday, August 4, 2021

turkish tourism

Turkish tourism devastated by wild fire

Tommy August 04, 2021 0 Comments

The soaring flames sweeping Turkey have been raging since Wednesday, burning down forests and some settlements, and encroaching on villages ...

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Sunday, July 18, 2021

turkish lira

Erdogan more worried about losing power

Tommy July 18, 2021 0 Comments

Despite a systematic purge of his rivals, Turkish President Ragab Tayyeb Erdogan still fears losing his grip on power. He overestimated hi...

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Wednesday, July 14, 2021

turkish lira

Turkey’s biggest cities hoping for new leadership

Tommy July 14, 2021 0 Comments

In recent years, the Turkish political scene has been turbulent. There is growing metropolitan resistance to the country’s powerful Islamist...

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Monday, July 12, 2021

turkish lira

Turks are starving, Erdogan doesn't care

Tommy July 12, 2021 0 Comments

The first released images of Erdogan's $74 million palace north of Marmaris come as much of the Turkish public grapples with increased p...

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Tuesday, June 29, 2021

TURKONFED

TURKONFED: lira and economy suffer stifling crisis

Tommy June 29, 2021 0 Comments

The Turkish lira is trading near a record low against the dollar, consumer price inflation stands at 16.6 percent, the highest in emerging m...

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Monday, June 28, 2021

turkish lira

With hopes for foreign funding, Erdogan kicks off Canal Istanbul

Tommy June 28, 2021 0 Comments

Turkish President Recep Tayyip Erdogan attended the groundbreaking ceremony of a bridge that marks the first move to build his crazy project...

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Sunday, June 13, 2021

visitors

Turkey's tourism business sinks

Tommy June 13, 2021 0 Comments

As Turkey relies on foreign currency inflows from visitors to finance its foreign debt and a current account deficit that stands at 5 per ...

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Wednesday, June 2, 2021

turkish lira

Turkish Lira falls over Erdogan's comments

Tommy June 02, 2021 0 Comments

President Recep Tayyip Erdogan has sent Turkey's lira currency to new all-time lows after he called for interest rate cuts in the next t...

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Wednesday, September 29, 2021

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