The use of negative real interest rates to support credit growth has again led to a lira rout and skyrocketing inflation. The crisis is unlikely to be over The progress on structural reforms and institutional upgrading carried out in the early 2000s began to be reversed after 2013, as the government turned more authoritarian and …
…with inflation running at over 36% and Turkey’s official reserves dwindling, the question for some is how much longer policy makers can stand in the way of dollar demand. In a world where central banks now openly engage in helicopter money paradrops and monetizing debt and deficits as far as the eye can see (knowing …
World renowned Israeli historian Benny Morris sat down with i24NEWS to discuss his new body of work which seeks to unravel the systematic genocide of Christian subjects of the Ottoman Empire before and after its collapse. As found in The Thirty-Year Genocide: Turkey’s Destruction of its Christian Minorities, between 1894 and 1924, 1.5 million to …
The Hidden Story of Christian Genocide in the Ottoman Empire – Video – όποιος Read More »
Christian minorities living in the Middle East, the birthplace of the religion, aim to maintain their culture on the axis of the Muslim majority. With the collapse of the Ottoman Empire, they attempted to obtain their social rights while being divided into scattered communities. Christians, who reside in various places from Turkey to Egypt, are …
Christianity in Turkey and the Middle East | Opinion – Daily Sabah Read More »
Turkey’s best-selling armed drone is equipped with cameras from German company Hensoldt, a spokesperson confirms. The device could guide missiles developed with German help to a target. The government in Berlin also has a stake in the defence company. Turkey uses the drones for attacks that violate international law. For almost two decades, companies from …
Missiles and sensors: German technology for the Turkish drone war – Matthias Monroy Read More »
The Harvard Job Offer No One at Harvard Ever Heard Of An online scam targeted prominent women in India, telling them the Ivy League was calling. NEW DELHI — Nidhi Razdan was all set to travel to Harvard University to start a new job, and a new life, when she received a stunning email. A …
Summary Dollar more than doubled in value against lira this year Erdogan has pushed for risky rate cuts to boost growth Central bank cuts rate by 100 basis points as expected ISTANBUL, Dec 16 (Reuters) – The Turkish lira plunged as much as 5.6% to a record low against the dollar on Thursday after the …
Turkish lira hits new low after Erdogan’s latest rate cut | Reuters Read More »