The finance minister resigns… meltdown continues…

https://ift.tt/3xJn6jU

Turkey replaces finance minister

Hurriyet Daily News

I will remember him with this photo when others applaud, he does not. I do not that’s intentional or not but this becomes an iconic image.

Turkish President Recep Tayyip Erdoğan replaced the country’s finance minister on Dec. 2.

Erdogan says Turkey’s interest rates will continue to fall

AL JAZEERA ENGLISH (IN DEPTH)

Cheaper cash will boost manufacturing, create jobs and slow inflation, the Turkish president said in a TV interview.

Why is Turkey’s lira crashing and will currency crisis worsen?

The lira lost more than 25 percent of its value against the US dollar in November.

Turkey’s central bank sells foreign reserves to stem lira crash

To shore up lira, central bank sold dwindling foreign reserves for first time in 7 years.

Turkish lira nears 14 to US dollar as Erdoğan speaks again

Bianet :: English

“We are refusing the policy of drawing hot money flow with high interest rates,” the president has said.

---

Turkish satire magazine-
Cop: Unauthorized protests are forbidden! Go away
Man: This is a bread line.

Turkish satire magazine-

Cop: Unauthorized protests are forbidden! Go away

Man: This is a bread line. pic.twitter.com/yOq403hkVS

— Shabtai (@velvetart) November 30, 2021

https://platform.twitter.com/widgets.js

 

Liste başıyız tamam da, bu liste Sefalet Endeksi listesi. Gerçek işsizlik ve enflasyon rakamları yazılsaydı durum daha da vahim çıkacaktı, neyse ki resmi rakamlar biraz durumu kurtarıyor! https://t.co/nc7FttNA2d

— Süleyman İrvan (@suleymanirvan) November 29, 2021

https://platform.twitter.com/widgets.js

 

The post The finance minister resigns… meltdown continues… appeared first on Erkan's Field Diary.

No related posts.

Vía Erkan’s Field Diary https://ift.tt/3phtgnK