Turkish Economy - News & Updates

[OguzSenturk]

Current Account Deficit = Cari Açık
Current Account Surplus=Cari Fazla
You made a typo and I corrected it

I hope you are trolling. Trade deficit is alone $2.5 billion in August, how can current account deficit be $2.5billion in August? There should be zero tourism and other services revenue in order to get $2.5billion current account deficit

Do you know the differences between current account deficit and trade deficit?

$12.39 billion exports - $14.88 billion imports = $2.49 billion deficit in August 2018

yeah, obviously you do not know.

 

[Deliorman]

Countries with large outflows of high net worth individuals (HNWI):

1. China
Net outflow of HNWIs in 2017: 10,000
Preferred Destinations: The United States, Canada, and Australia

2. India
Net outflow of HNWIs in 2017: 7,000
Preferred Destinations: The United States, the United Arab Emirates, Canada, Australia, and New Zealand

3. Turkey
Net outflow of HNWIs in 2017: 6,000
Preferred Destinations: Europe and the United Arab Emirates.

4. The United Kingdom
Net outflow of HNWIs in 2017: 4,000
Preferred Destinations: Australia and the United States.

5. France
Net outflow of HNWIs in 2017: 4,000
Preferred Destinations: Canada, Switzerland, and the United States.

6. Russia
Net outflow of HNWIs in 2017: 3,000
Preferred Destinations: The United States, Cyprus, the United Kingdom, Portugal, and the Caribbean.

7. Brazil
Net outflow of HNWIs in 2017: 2,000
Preferred Destinations: Portugal, the United States, and Spain.

8. Indonesia
Net outflow of HNWIs in 2017: 2,000
Preferred Destinations: Singapore.

9. Saudi Arabia
Net outflow of HNWIs in 2017: 1,000
Preferred Destinations: The United Kingdom and the United Arab Emirates.

10. Nigeria
Net outflow of HNWIs in 2017: 1,000
Preferred Destinations: The United Kingdom, France, Switzerland, South Africa and the United Arab Emirates.

11. Venezuela
Net outflow of HNWIs in 2017: 1,000
Preferred Destinations: The United States.

Source: http://ceoworld.biz/2018/06/07/coun...ndividuals-hnwi-2018-wealth-migration-review/

 

[OguzSenturk]

There is no problem with not knowing something, or being uneducated in certain topics. The problem is talking about things the person doesnt know. He supposed to go to university or read some papers to develop himself, but instead he is claiming something incorrect in one international forum.

I have no knowledge on financing of banks or their monetary policy so i won't comment on Halkbank or other cases.

 

[Deliorman]

@SouI, what happened in Halkbank?

 

[SouI]

@SouI, what happened in Halkbank?

They made it so that USD was bought for almost half the price for a while.

 

[UkroTurk]

They made it so that USD was bought for almost half the price for a while.

They stated that they would take back money with current rates. They can take back if the dollar is sold in Internet with accounts. But there are some ATMs where people could buy dollar without IDs.


He is experienced finansist. He knows about international funds deeply.

Here very objective technical analyze of USD.

 

[Bismarck]

Netherlands has an agriculture export volume of $ 90 billion. Turkey has ~ $ 20 billion. Compare both acreage and number of employees in agriculture sector. Their is something you make wrong.

Turkey has an export value of $ 160 billion. This number should be only by agriculture products.

 

[what]

Turkey has an export value of $ 160 billion. This number should be only by agriculture products.

If Turkey managed agriculture like the Netherlands do, with the same technology and productivity sure. But agriculture is largely still the same as 20 years ago. Farmers dont have the funds to improve and probably dont know how anyway.

 

[AZADPAKISTAN2009]

Well I just came across these videos recently

BYE BYE IPHONE

 

[Chand mukhra]

thats wrong. thats property of USA. thats wrong action.

 

[Icewolf]

Lol they should break more than $1 dollar bills. I bet they won’t.

All talk no action

 

[AZADPAKISTAN2009]

Well Attack on Turkey with PKK was low blow , now Turkey is fully awake
It is best for world economy to not use Dollar Too much due to huge Debt USA has about 20-30 trillion dollar in debt

Few Iranians also showing solidarity in burn and walk away demonstration

Seems like Turkey has banned US stuff

 

[valkyr_96]

Bad idea should have exchanged it

 

[Saithan]

yeah, stupid emotional reactions aren't gonna save the day.

 

[OguzSenturk]

I see bunch of çomars in those videos.

They supposed to exchange them if they want to support some other currency. Destroying them for free and taking them out of market will actually help usd