Tag: Recep Tayyip Erdogan
Dispute over inflation: Erdogan fires chief statistician
controversy over inflation Erdogan fires chief statistician 01/29/2022, 09:49 am Turkey is struggling with high inflation as a result of Erdogan’s economic policy. The statistics office recently reported the highest…
“An ox goes into the palace”: journalist in prison for mocking Erdogan
“An ox goes into the palace” Journalist arrested for mocking Erdogan 01/22/2022, 10:19 p.m The Turkish authorities take the mocking comment of a journalist on Twitter amiss: she is arrested…
Currency crisis in Turkey: Erdogan harms himself
Sunday, January 09, 2022 Currency crisis in Turkey Erdogan harms himself Despite the record inflation rate, Turkish President Erdogan is sticking to his low interest rate policy. He vehemently defends…
Erdogan explains: Crisis over: Turkish central bank shifts billions
Tuesday, January 04, 2022 Erdogan explains: The crisis is over Turkish central bank shifts billions Mysterious transfer postings by the Turkish central bank shortly before the end of the year…
Living in Turkey more and more expensive: highest inflation in Turkey since 2002
Monday, January 03, 2022 Life in Turkey is becoming more and more expensive Highest inflation in Turkey since 2002 Inflation in Turkey is getting increasingly out of control: In December…
Better relationships wanted: Putin and Erdogan go on a cuddle course
Sunday, January 02, 2022 Better relationships wanted Putin and Erdogan go on a cuddle course In the escalating conflict in Ukraine, Turkey is supplying combat drones to Ukrainian troops. The…
Citizens should trust currency: Erdogan: “Doomed” without the lira
Saturday, January 01, 2022 Citizens should trust currency Erdogan: “doomed” without a lira In view of the currency crisis in Turkey, President Erdogan calls on the population to trust the…
Lira is recovering somewhat: Erdogan guarantees savings
Tuesday, December 21, 2021 Lira is recovering a little Erdogan gives a guarantee for savings With an enforced low interest rate policy, the Turkish president is driving his compatriots to…
“Confidence shaken”: Lira plunges to record low
Friday 17th December 2021 “Trust shattered” Lira slumped to a record low The Turkish lira continues to decline. In the morning, the dollar and euro again hit historic lows after…
Inflation Goes Through The Roof: Why Turkey Is Committing Interest Rate Harakiri
How should a central bank react to currency collapse and high inflation? The classic means are higher interest rates. But in Turkey the central bankers prefer to do the opposite.…
Lira collapses: Turkish central bank cuts key interest rate sharply
Thursday, December 16, 2021 Lira collapses Turkish central bank cuts key interest rate sharply The Turkish central bank is following the course of President Erdogan and is lowering the key…
Pressure on Erdogan is growing: Turkish inflation is going through the roof
Friday, December 03, 2021 Pressure on Erdogan is growing Turkish inflation is going through the roof The Turkish President Erdogan wants to fight price increases with interest rate cuts. Economists…