Turkish Economy - News & Updates

[Exxxe]

Lira was at 4,5 for an € beginning of 2018 and now its at 6,2. Great success not.

You do understand it was 1 € for 8.83 lira what you just said proves how far it improved lol

It is not fully recovered but it is way better

What about inflation and employment you all were screaming about them too, now that they are declining you just ignore it

 

[Dai Toruko]

https://www.sozcu.com.tr/2019/ekonomi/20-milyon-icra-dosyasi-var-5240957/

 

[Dai Toruko]

https://www.sozcu.com.tr/2019/ekonomi/son-dakika-kamil-koc-satildi-5292959/

http://www.hurriyet.com.tr/ekonomi/filli-boya-satildi-41270514

 

[damm1t]

https://www.sozcu.com.tr/2019/ekonomi/son-dakika-kamil-koc-satildi-5292959/

http://www.hurriyet.com.tr/ekonomi/filli-boya-satildi-41270514

It's private sector and companies. Foreing companies buy only if they see potential in the markets. They make a ultra-complicated market search before making these purchases. So selling these brands are nothing more than business. It's a good sign from economical aspect tbh. I mean no one invests in an unsafe economy.

 

[Buğra]

it also means that we are losing our hard-earned national companies because of the currency crisis in turkey since they have become extremely affordable for foreign investors. so if you look at the small picture we might look like we are winning but when you look at the bigger picture you will see that we are losing.

 

[Adıvar]

Winter is coming. Second time within a month.

"We did not do it. BOTAŞ did..."

https://twitter.com/x/status/1167541203694489601

 

[Yatağanlı]

It's private sector and companies. Foreing companies buy only if they see potential in the markets. They make a ultra-complicated market search before making these purchases. So selling these brands are nothing more than business. It's a good sign from economical aspect tbh. I mean no one invests in an unsafe economy.

It also means that the profits don't stay in Turkey and that the owners will put their priorities above the priorities of the country. They are buying them because the lira is so cheap.

 

[damm1t]

It also means that the profits don't stay in Turkey and that the owners will put their priorities above the priorities of the country. They are buying them because the lira is so cheap.

You are looking at empty side of glass, of course private companies have priorities and they invest to earn just more money. But economic wise, it's a chain reaction. As I said, it's a sign of healty economy.

Let's say X local - Y foreigner

X sells, Y buys ( Currency income ), positive
X invests another, create more jobs, positive
Y gives jobs, pay taxes positive
Y may take away the profit or invest more in the local market, still a positive because if Y doesn't earn it leaves the market. Which is a negative

 

[Dai Toruko]

https://www.denizli24haber.com/haber/milli-piyango-resmen-satildi-iste-yeni-sahibi-23069

https://www.gazeteduvar.com.tr/ekonomi/2019/08/22/gebze-merkezli-multiplan-norveclilere-satildi/

 

[revojam]

Winter is coming. Second time within a month.

"We did not do it. BOTAŞ did..."

https://twitter.com/x/status/1167541203694489601

https://twitter.com/x/status/1167695090720104448

 

[Islamic faith&Secularism]

If a sectore dominance is captured by non-national owners, then the main and indirect markets have been taken over in the end, the main goal is reached by foreingers; the costumers, indirect sectors, and finally the state become dependent on the sector dominant; any objection faces the direct or inderect ''sanctions''; if pushed hard, then move the assets/factories to another country leaving the country without any alternative for workers, products, international competition, and development to exist in the market share globally.

Due to weak economy and system, the hardly-built few Turk brands are sold to foreigners, become another market like in the third world.

Foreigner owners and Arapperests are happy.

Who is the real enemy of Turkey?

 

[Dai Toruko]

Salmon Success: Turkey makes a splash with salmon exports

 

[Mr.NiceGuy]

https://twitter.com/x/status/1171818377515548673

 

[Dai Toruko]

Turkish Central Bank lowers interest rates 325 bps

The bank lowered its one-week repo rate 325 basis points from 19.75 percent to 16.50 percent.

A merchant counts Turkish lira banknotes at the Grand Bazaar in Istanbul, Turkey. March 29, 2019. (Reuters Archive)

Turkey's central bank on Thursday slashed its main interest rate by 3.25 percentage points, the second cut in three months.

The bank said the one-week repo rate was slashed to 16.50 percent from 19.75 percent, after a bigger cut in July of 4.25 percentage points.

The Bloomberg consensus had predicted a cut of 2.75 percentage points.

The Turkish lira was at 5.68 to the US dollar, a rise of over 1.1 percent in value towards 1130 GMT after the bank's announcement.

The markets shrugged off the last rate cut and inflation in August dropped from 16.65 to 15.01 percent, a 15-month low, according to official figures published last week.

In the statement accompanying its decision, the bank said the "inflation outlook continued to improve" and that the "moderate recovery in economic activity" continued.

https://www.trtworld.com/turkey/turkish-central-bank-lowers-interest-rates-325-bps-29724

 

[MKALE1]

3 tane beyin hücresi olan cumhuriyet hirsizlik partisinin mensuplari ellerinde ayfon iktidar bizi soyii diyor..yer mi ulan bu millet.. hahaha boşa kürek çekmeye devam..