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Tornadoss
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According to TUIK Consumer Inflation is 5,46 in March and 61,14 on yearly base.
SON DAKİKA HABERİ: Mart ayı enflasyon rakamları açıklandı
SON DAKİKA HABERİ: Türkiye İstatistik Kurumu (TÜİK), mart ayı enflasyon rakamlarını açıkladı. Tüketici fiyatları (TÜFE), martta aylık bazda yüzde 5,46 artarken, yıllık enflasyon 20 yılın yeni zirvesi olan yüzde 61,14'e yükseldi. Artan enerji ve gıda fiyatlarının etkisiyle TÜFE'nin yüzde 61'e...
www.ntv.com.tr
Ecderha
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DEBTS you say have look current state 
this is not the same tweet PLEASE check SECOND picture it is bellow. Second picture shows More and it is with Bar like statistic
this is not the same tweet PLEASE check SECOND picture it is bellow. Second picture shows More and it is with Bar like statistic
Huelague
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Where is Germany?DEBTS you say have look current state
this is not the same tweet PLEASE check SECOND picture it is bellow. Second picture shows More and it is with Bar like statistic
Ravenman
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Thats my province, the most hardcore nationalist province of the East, but also one of the poorest.
Ecderha
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I do not know i just post official data. Germany as w know is always create issues or not provide data. Who knows
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69,3 Percent of the GDP due to all the Covid loans.
Deutsche Schuldenquote 2021 auf 69,3 Prozent gestiegen
Die deutschen Staatsschulden sind im Jahr 2021 um 162 Milliarden Euro auf 2,476 Billionen Euro gestiegen. Ausschlaggebend waren staatliche Stützungsmaßnahmen im zweiten Pandemie-Jahr. Die Schuldenquote, das heißt der Schuldenstand im Verhältnis zum Bruttoinlandsprodukt, stieg von 68,7 Prozent...
www.bundesbank.de
Deliorman
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Now this are some good news...
As capital continues to pour in at an unprecedented pace, the Turkish startup ecosystem has left behind its best first quarter to date.
The momentum promoted Turkey to the “Super League” in Europe when it comes to investments, while Istanbul spearheaded the way with the gaming industry.
The Turkish startups secured more than $1.27 billion in 49 investment rounds from January through March, the data from the industry monitor startups.watch showed.
It has approached the amount of the whole of 2021, when over $1.58 billion was invested through a total of 321 tours.
The January-March figure marks the best first quarter ever for the ecosystem, and would still be the highest to date ($505 million) if the investment that the rapid delivery pioneer Getir has received is excluded.
Most of the capital, namely 90% or over $1.14 billion, poured into three startups alone. Getir secured $786 million, followed by Dream Games with $255 million and Insider with $121 million, the startups.watch data showed.
Turkey has thus on a quarterly basis managed to find itself in the league of billion-dollar countries, named the “Super League,” consisting of nations such as the United Kingdom, France and Germany.
“Considering the investments made in gaming initiatives in the first quarter of 2022, Turkey became the country attracting the most investments in Europe and the Middle East region, while Istanbul became the city drawing the largest amount of investments,” Ünsal told the event to announce the first-quarter results.
The Turkish metropolis thus left behind prominent cities such as London, Oslo and Helsinki, he added.
“Istanbul, which also ranks first in terms of the number of game studios, has clinched its breakthrough in gaming,” Ünsal stressed.
“Gaming startups set a record as the total amount of investments, and in the first quarter, seven startups received investments of $326 million.”
www.dailysabah.com
As capital continues to pour in at an unprecedented pace, the Turkish startup ecosystem has left behind its best first quarter to date.
The momentum promoted Turkey to the “Super League” in Europe when it comes to investments, while Istanbul spearheaded the way with the gaming industry.
The Turkish startups secured more than $1.27 billion in 49 investment rounds from January through March, the data from the industry monitor startups.watch showed.
It has approached the amount of the whole of 2021, when over $1.58 billion was invested through a total of 321 tours.
The January-March figure marks the best first quarter ever for the ecosystem, and would still be the highest to date ($505 million) if the investment that the rapid delivery pioneer Getir has received is excluded.
Most of the capital, namely 90% or over $1.14 billion, poured into three startups alone. Getir secured $786 million, followed by Dream Games with $255 million and Insider with $121 million, the startups.watch data showed.
Turkey has thus on a quarterly basis managed to find itself in the league of billion-dollar countries, named the “Super League,” consisting of nations such as the United Kingdom, France and Germany.
Istanbul champion
Turkey has been a champion in gaming investments, said startups.watch founder Serkan Ünsal.“Considering the investments made in gaming initiatives in the first quarter of 2022, Turkey became the country attracting the most investments in Europe and the Middle East region, while Istanbul became the city drawing the largest amount of investments,” Ünsal told the event to announce the first-quarter results.
The Turkish metropolis thus left behind prominent cities such as London, Oslo and Helsinki, he added.
“Istanbul, which also ranks first in terms of the number of game studios, has clinched its breakthrough in gaming,” Ünsal stressed.
“Gaming startups set a record as the total amount of investments, and in the first quarter, seven startups received investments of $326 million.”
Turkey joins ‘Super League’ as gaming startups shine in record Q1
As capital continues to pour in at an unprecedented pace, the Turkish startup ecosystem has left behind its best first quarter to date.The momentum...
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Honestly, from my point of viewNow this are some good news...
As capital continues to pour in at an unprecedented pace, the Turkish startup ecosystem has left behind its best first quarter to date.
The momentum promoted Turkey to the “Super League” in Europe when it comes to investments, while Istanbul spearheaded the way with the gaming industry.
The Turkish startups secured more than $1.27 billion in 49 investment rounds from January through March, the data from the industry monitor startups.watch showed.
It has approached the amount of the whole of 2021, when over $1.58 billion was invested through a total of 321 tours.
The January-March figure marks the best first quarter ever for the ecosystem, and would still be the highest to date ($505 million) if the investment that the rapid delivery pioneer Getir has received is excluded.
Most of the capital, namely 90% or over $1.14 billion, poured into three startups alone. Getir secured $786 million, followed by Dream Games with $255 million and Insider with $121 million, the startups.watch data showed.
Turkey has thus on a quarterly basis managed to find itself in the league of billion-dollar countries, named the “Super League,” consisting of nations such as the United Kingdom, France and Germany.
Istanbul champion
Turkey has been a champion in gaming investments, said startups.watch founder Serkan Ünsal.
“Considering the investments made in gaming initiatives in the first quarter of 2022, Turkey became the country attracting the most investments in Europe and the Middle East region, while Istanbul became the city drawing the largest amount of investments,” Ünsal told the event to announce the first-quarter results.
The Turkish metropolis thus left behind prominent cities such as London, Oslo and Helsinki, he added.
“Istanbul, which also ranks first in terms of the number of game studios, has clinched its breakthrough in gaming,” Ünsal stressed.
“Gaming startups set a record as the total amount of investments, and in the first quarter, seven startups received investments of $326 million.”
Turkey joins ‘Super League’ as gaming startups shine in record Q1
As capital continues to pour in at an unprecedented pace, the Turkish startup ecosystem has left behind its best first quarter to date.The momentum...
The main reason for the massive investments inflows is the crash of the lira
Turkey in general has a good geolocation: It is close to the largest single market and is cheaper to transport goods to far away countries like the US and Canada compared to Asia; moreover, Turkey can also cheaply sell products to all of Africa and some Asian countries; couple all of this with well-trained workforce and good infrastructure and Turkey is a golden goose for investors. With the recent lira crash, investors can only invest around a million dollars in Turkey can start a business that will generate billions in a matter of years. Another point to mention is that imprts have become way tooo expensive so if you localised a product that is normally imported, not only will you earn billions from exporting abroad but also will obtain a near monopoly on a turkish market of 80 million people
Thus, investing in Turkey rn is sooo cheap and costs are cheap and potential revenues are astronomical. RN, Turkey is becoming the new China of Europe, the Middle East, the USA and Canada, as well as some Asian countries. In other words, Turkey in the near future may have a monopoly on half of the world's population
However of course, lira crash has its severe repercussions as well. The trick is to find the ideal balance and whether they are up to the task or not will be seen by this year's end. That is why Iam saying Erdo is risking a lot; he can win billions or loose billions
Another reason is that foreign comoanies that previously invested in Russia are now escaping and making Turkey their home turf for the reasons stated above
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Cool, maybe we'll get some more good video games coming out of Turkey besides Mount & Blade and Lovecraft-inspired FPS.Now this are some good news...
As capital continues to pour in at an unprecedented pace, the Turkish startup ecosystem has left behind its best first quarter to date.
The momentum promoted Turkey to the “Super League” in Europe when it comes to investments, while Istanbul spearheaded the way with the gaming industry.
The Turkish startups secured more than $1.27 billion in 49 investment rounds from January through March, the data from the industry monitor startups.watch showed.
It has approached the amount of the whole of 2021, when over $1.58 billion was invested through a total of 321 tours.
The January-March figure marks the best first quarter ever for the ecosystem, and would still be the highest to date ($505 million) if the investment that the rapid delivery pioneer Getir has received is excluded.
Most of the capital, namely 90% or over $1.14 billion, poured into three startups alone. Getir secured $786 million, followed by Dream Games with $255 million and Insider with $121 million, the startups.watch data showed.
Turkey has thus on a quarterly basis managed to find itself in the league of billion-dollar countries, named the “Super League,” consisting of nations such as the United Kingdom, France and Germany.
Istanbul champion
Turkey has been a champion in gaming investments, said startups.watch founder Serkan Ünsal.
“Considering the investments made in gaming initiatives in the first quarter of 2022, Turkey became the country attracting the most investments in Europe and the Middle East region, while Istanbul became the city drawing the largest amount of investments,” Ünsal told the event to announce the first-quarter results.
The Turkish metropolis thus left behind prominent cities such as London, Oslo and Helsinki, he added.
“Istanbul, which also ranks first in terms of the number of game studios, has clinched its breakthrough in gaming,” Ünsal stressed.
“Gaming startups set a record as the total amount of investments, and in the first quarter, seven startups received investments of $326 million.”
Turkey joins ‘Super League’ as gaming startups shine in record Q1
As capital continues to pour in at an unprecedented pace, the Turkish startup ecosystem has left behind its best first quarter to date.The momentum...
There's a fair amount of aspiring and fairly talented devs in Azerbaijan who would love the opportunity to set up shop in Istanbul to get their game concepts realized.
Unfortunately, the success of these companies have been curtailed by recent policies and the crash in the Lira. I'm sure if there was more of a orthodox approach and thus far lower inflation, one would see a 'boom' in FDI not just into the games industry but also for the wider economy. For example, think of all the cash/outflows from Russia - which could have been highly beneficial for Turkey (In defence on the USA, US officials were promoting the idea of foreign businesses in Russia to re-locate to Turkey). Instead, trillions of dollars have entered other 'BRICS' nations and therefore Turkey has missed out.
Further, there are loads of young, western-oreintated Russians who have recently left or are in the process of leaving Russia. Many of these people would love to re-locate to an EU nation however sanctions have forced them to seek 'refuge' in Armenia, Georgia and various Central Asian countries. In this sense, Turkey has missed out on attracting a substantial number of young and highly educated folk who, coincidentally, are known for their contribution digital/gaming related start-ups.
www.reuters.com
www.fidelity.co.uk
As previously mentioned, the gaming industry was already experiencing serious expansion, as can been seen by the various number of acquisitions of Turkish firms by gaming giants such as Zynga.
uk.news.yahoo.com
www.blog.udonis.co
Further, there are loads of young, western-oreintated Russians who have recently left or are in the process of leaving Russia. Many of these people would love to re-locate to an EU nation however sanctions have forced them to seek 'refuge' in Armenia, Georgia and various Central Asian countries. In this sense, Turkey has missed out on attracting a substantial number of young and highly educated folk who, coincidentally, are known for their contribution digital/gaming related start-ups.
As money leaves Russian stocks, China, other BRICS benefit
With the threat of further Western economic sanctions hanging over Russia, foreign investors are deserting Moscow's equity markets and funneling cash into other BRICS states, with China a standout beneficiary.
www.reuters.com
Where does Russia’s war leave emerging markets? | Fidelity UK
Get the latest news, fund ideas, market commentary and opinions from Fidelity’s savings and investment experts on Asia and emerging markets.
www.fidelity.co.uk
As previously mentioned, the gaming industry was already experiencing serious expansion, as can been seen by the various number of acquisitions of Turkish firms by gaming giants such as Zynga.
Zynga to buy Turkish mobile game-maker Peak for $1.8 billion
Shares of the company rose as much as 5% to an eight-year high in morning trading. San Francisco-based Zynga said it would pay $900 million in stock and the same amount in cash for the maker of Toon Blast and Toy Blast, making it the largest purchase of a Turkish startup. Zynga, which has 21...
uk.news.yahoo.com
Zynga Acquires 3 Turkish Hyper-Casual Studios
Zynga acquires 3 Turkish hyper-casual studios: ByteTyper, Creasaur Entertainment, and ZeroSum. Click here to find out more details!
www.blog.udonis.co
Iran's GDP is artificially inflated due to globally rising energy costs. It's not a sustainable development but the Iranians benefit from increased crude oil prices
Iran's annual growth rate:
Iran was in a recession for 3 years in a row.
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Iran's GDP is artificially inflated due to globally rising energy costs. It's not a sustainable development but the Iranians benefit from increased crude oil prices
Iran's annual growth rate:
Iran was in a recession for 3 years in a row.
Iran's nominal GDP is inflated by an unrealistic official exchange rate being extrapolated by very skewed unsound trade levels (caused by sanctions etc):
I'm going by world bank:
It seems it was 600 billion around 2012 and then has taken a huge tumble now in USD value since then.
I had quick look into it just now...(Iran GDP estimate in USD).
I think world bank applies what the "actual" exchange rate on market is (~ 3 times lower than official)
IMF uses the official exchange rate and gets 600 - 700 billion USD GDP etc.
What world bank does:
World Bank Estimate Shows Iran's Economy Halved Since 2017
New figures published by the World Bank shows Iran's Gross Domestic Product (GDP) declined to $192 billion in 2020, compared with $445 billion in 2017.old.iranintl.com
In other areas world bank mentions the official exchange rate GDP:
Overview
Iran’s economy is characterized by the hydrocarbon sector, agriculture and services sectors, and a noticeable state presence in manufacturing and financial services.www.worldbank.org
Gross Domestic Product (GDP) has been estimated at US$628 billion for the Iranian calendar year 2020/21, calculated at the official exchange rate for a population of about 84 million.
=====================================
Still 800 billion dollar budget or whatever makes no sense.
We simply can take planned rial expenditure, look at history of the budget.....and apply either official or actual exchange rate to get in some USD equivalent.
It will not be anywhere close to 800 billion USD.
But then again I do not know what GDP base Iran govt is estimating for itself (could be quite different to IMF and World bank figures).
With highly insular country economies, these conversations are somewhat meaningless in end as there are not even reference points with world trade indicators.
In 2020 Iran exported around 50 billion USD (for a country rich in oil and gas).
That is part of how WB gets the "actual" exchange rate of rial to USD etc.
Because in 2011 it exported almost 150 billion USD in comparison.
With a third of export level now....(to earn and finance say import + CA level etc)....how can economy have stayed at 2011 level etc?....or even grown? It would need huge expansion of other industries and some evidence of productivity there (i.e providing it to world and competing with world references rather than just "domestic").....we simply do not have it.
It is striking case where PPP GDP is more useful comparison regarding other countries.
A recent convo we had on Indonesian thread about the same thing:
Warkop Indonesia
Dulu : ikutan demo resiko kena pentung aparat demi menyuarakan pendapat. Sekarang : ikutan demo lumayan bisa jadi bahan konten.
defencehub.live
Zafer
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Türkiye is one of the 14 countries that has an established capacity to produce more than 100.000 megawatts of power, and counting fast. All the while when Türkiye is a net importer of large amounts of fossil fuels. This fact says a lot about the size of Turkish economy which holds the 13th place and can quickly move to 11th place with even the early results of its recent hydrocarbons exploration campaign.
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This report is nothing short of an embarassment tbh
www.dailysabah.com
CBRT ups end-2022 inflation view to 42.8% on commodity prices, supply issues
Turkey's annual inflation is expected to surge further in the coming months before dipping to nearly 43% by the end of the year, the central bank...
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Yesterday Türkiye exported 1 billion and 956 million worth of goods and services. It is an all-time record.
AWP
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there was no official ban on turkish products form the Saudi government , the movement was led by many influential saudi online bloggers . the issue with it that it was a trend to report any one who buy or use turkish products to the government in order to get their approval . we call them ( Watangyya ) , they are patriots but to a disgusting level that they indeed hurt their country ( just like one of the members here who I am not going to mention his name )
as far as I know from some statistics that turkey exports reached to 100 million while saudi exports reached 3 billion , so in fact it will hurt the saudi to have turkish ban on them since turkey have almost very low exports to saudi + the rise of GDP of turkey .
