Turks pay price for Erdogan’s financial policies
As Turkey’s lira plummets food prices have doubled over the last year with more increases expected. Turkey’s official inflation in…
Tag: inflation
Hungary’s populist PM Viktor Orban freezes essential food prices with tight general election looming
Hungary has frozen the prices of food essentials as the cost of living rises amid a bitter campaign ahead of…
Turkey’s financial markets flounder as Erdogan’s policies baffle employers
Turkey stopped trading on all listed stocks after sudden drops triggered a circuit breaker, with the lira falling further and…
Turkish lira tumbles but Erdogan continues to defy economic logic on interest rates
Turkey’s lira has tumbled in recent months as President Recep Tayyip Erdogan cuts interest rates despite rising consumer prices. Erdogan…
Turkish lira flounders amid govt inaction
Turkey’s overdue move to raise interest rates in an attempt to rescue the lira has failed to convince investors of…
Data set to expose Brexit inflation
Evidence of price rises and wage growth in the UK tomorrow (Tuesday) is expected to reinforce the growing pressures on…
Yildirim tries to prop up ailing lira
Analysts say the Turkish economy is floundering. Source: Pixabay Turkey’s Prime Minister Binali Yildirim has unveiled a US$72-billion fund for…