Turkish Economy - News & Updates

[BordoEnes]

Its all good guys. The Aya Sophia is a Mosque again.

 

[BordoEnes]

Babacan or davutoglu didn't leave AKP. In fact they were forced out and not for economic reasons.

Criticism against handling of the currency should be always welcome but the criticises here are mostly from the usual anti akp propagandists secularist. They have a problem with akp because of rte. They have a problem with rte because of his conservative values. They have a problem with conservative values is because its derived from Islam. They have a problem with islam because it was brought by Muhammad (saw). They have problem with Muhammad (saw) because of his values. They have problem with Prophet values because it is inspired by Allah(swt). They have problem with Allah (swt) is because His Laws are against everything they and the devil stand for

If rte delinked himself from any of the above, you would've seen how passionately these secularist defend rte against any crises or mistakes

Stfu with your dumbass values. You dare speak like that whilst you live in a privileged secularist society that adheres to these values you opposes so much. How dare you talk like that whilst you live in the UK where you can benefit from all the things you critisize Turkey and Turks off. What an absolutely disgusting display of ignorance. Take your azz and go live in Saudi-Arabia, Afghanistan, Iran or Yemen if you love Sharia that much, see how that works out for you.

We have one of the worst economic policies in the world and you guys for whatever reason ALWAYS make it about religion and idealogy, just flatout deflecting the blame and refuse to acknowledge the actual root of the problem: Erdogan and his Islamist idealogy. He would rather drag Turkey into another conflict then actually fix our economy, or even better, he would turn a Museum into a Mosque. BRAVO!!!

 

[Dai Toruko]

Turkey receives patients from more than 60 countries, from the Middle East to Europe and beyond. Hospitals have adopted a number of measures to ensure all safety precautions are in place and patients receive the highest standard of care. One patient, Ionut Grozea says he felt as though he was staying in a hotel.

 

[Dai Toruko]

Turkey’s Ilısu Dam generates $51M for national economy in 3 months
https://www.dailysabah.com/business...enerates-51m-for-national-economy-in-3-months

 

[Ravenman]

We can only save the economy with

1) de-dollarization

2) strenghtening trade deals

TIKA – Fergana’s project partner

There are more than forty enterprises of textile industry, growing and exporting agricultural products, engaged in carpet weaving and other activities in Fergana region, established in cooperation with Turkish investors.

Special attention is paid to further strengthening friendship and partnership. An example of this is the signing of an investment agreement worth $71.5 million and an export contract for $170.1 million following the working visit of Fergana region delegation to Turkey.

TIKA – Fergana’s project partner

Hokim of Fergana region Shukhrat Ganiyev has held talks with the Head of the Representative Office of the Turkish Cooper

uza.uz

 

[SgtGungHo]

USD/TRY: Lira hovers near record lows on fears of BOP crisis

Turkey stares at currency crisis

On Tuesday, rating agency Moody's cut Turkey's debt rating on into junk and warned of a possible balance-of-payments crisis. It occurs when a nation cannot pay for essential imports or service its external debt repayments That often leads to a rapid depreciation of the home currency.

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I wish I could visit Turkey by taking advantage of cheap Turkish Lira. It is a beautiful country with a lot of fun things to do. Shame that Covid-19 has made international travels nearly impossible & undesirable.