TR Economy & Updates

[Ryder]

Egyptian media is calling for more boycots against Turkey and hopes that Egyptian products will replace Turkish products in Arab states.

Egyptians are the lowest of all Arabs. When you go to a Egyptian restaurant, the waiters almost kisses your ass.

We must do something against this boycotting otherwise it would loose control.

They would rather boycott Muslims than Israel.

Egyptian products are garbage in quality.

 

[Saithan]

Well, I would like to point at AKP and RTE selling companies left and right to try cover their asses. The second Qatar stops funneling money to Turkey. RTE will turn to brutal harsh rhetoric towards Qatar.

Marks my words.

They can't manage the economy anymore, and the debt is way more than back in 2001.

 

[Saithan]

Turkish white goods firm acquires British brands - Latest News

Leading Turkish white goods firm Vestel has bought two British home appliance brands to strengthen its position in the global market.

www.hurriyetdailynews.com

Wonderful news.

 

[Zafer]

Brits are selling their brands to Turks. What will become of the UK? Sobs

 

[Saithan]

Brits are selling their brands to Turks. What will become of the UK? Sobs

They're selling of products and brands that they don't need or doesn't generate as much brand recognition as other of their brands ?

That's quite normal.

 

[Zafer]

"Turkish government is selling companies here and there". They recently acquired 26,4% of Turkcell into the state investment fund.

 

[Saithan]

"Turkish government is selling companies here and there". They recently acquired 26,4% of Turkcell into the state investment fund.

I believe I've already answered this particular question and even provided an interview with Babacan who pointed at what TWF acquisition of Turkcell means. No trust.

 

[Anmdt]

"Turkish government is selling companies here and there". They recently acquired 26,4% of Turkcell into the state investment fund.

you can not cover the Turk Telekom mess with acquisition of Turkcell's shares.
The primary internet and communication company was privatized carelessly, the new owners has looted the financial stocks, left company in debt and sold its goods, didn't improve infrastructure as promised,and now internet connection in Turkey is slow like a donkey and not reliable.

Yes, they sell everything there and here for cash flow to feed somebody somewhere, including pivotal ports that already makes good amount of profits, or the factories which has been profiting well.
Rarity of privatizations was truly intended for improving quality or profits, most of them were done for cash flow and corruption- selling the land assets of those state-owned companies so that some people can built residences on there and sell at extreme prices-.

The craziest one, the state has privatized land of Şişli endüstri meslek, a renowned state high school in Istanbul so that a well-known AKP fan company can build mall and residences in cramped and densely populated areas in Istanbul and what was even worse, the construction has damaged the school building because the construction was right at the nose-tip of the school building.

 

[Ravenman]

Well, the State purchased the Galata Tower back from a moustached seculair caveman who build a restaurant in it and maked huge profits.

Now its Turkish property again.

 

[Ravenman]

With a lira so low, you should expect a mass high volume of export.

 

[Zafer]

With a lira so low, you should expect a mass high volume of export.

If you ask president Xi he would love to see Yuan lower, if you ask President Trump he would love to see Dollar lower. And we already can have our Lira as low as we want. What else can you ask for.

 

[Zafer]

I believe I've already answered this particular question and even provided an interview with Babacan who pointed at what TWF acquisition of Turkcell means. No trust.

Pointing to videos is not good enough, you should summarize what is in the video. I don't care to watch videos of third class politicians like that one.

 

[Saithan]

Pointing to videos is not good enough, you should summarize what is in the video. I don't care to watch videos of third class politicians like that one.

1. Türk Telecom was sold of to KSA, but the ministers in charge of that area started using the company as they saw fit (circumvent budgets, and force investments on the company) and didn't respect that it was a private company, thus when you start using someone elses company for your own gains be that political or not. The owner will do following. Empty the company for values, indebt it, don't pay the state, thus the state has no other options but buy back the company.

2. Swedish company that had the shares in Turkcell was actually a good partner who were in the Turkish market for long term. Not like some US or Russian companies that are interested in the short term gains. Considering the instability of the political climate along with other things Telenor wanted out from the Turkish market, so there were no other options left but let TWF buy the company back.

3. Antalya's commercial harbor sold to Qatar over night, without anyone knowing, except when they were told, Qatar owns it now. This harbor made net profit of 47 mio USD annually, but was sold to Qatar for 140 mio usd for 7 years. I think you can do the math yourself.

4. Low TL as such isn't the problem. The problem is that it moves around too much. And loses value too much.

I see so Ali Babacan is a third class politicians. The man Reis wanted to stay, but who said no thanks. You know the consequences of me and likeminded people being wrong is a joke on us. But the alternative is catastrophic.

Found another video, it's short.

 

[Saithan]

World needs fair, free trade, investment system to survive COVID-19: Turkish trade minister

Although countries have sought to mitigate the negative effects of the COVID-19 pandemic, it is important that such measures be target-oriented, measured,...

www.dailysabah.com

 

[Zafer]

1. Türk Telecom was sold of to KSA, but the ministers in charge of that area started using the company as they saw fit (circumvent budgets, and force investments on the company) and didn't respect that it was a private company, thus when you start using someone elses company for your own gains be that political or not. The owner will do following. Empty the company for values, indebt it, don't pay the state, thus the state has no other options but buy back the company.

2. Swedish company that had the shares in Turkcell was actually a good partner who were in the Turkish market for long term. Not like some US or Russian companies that are interested in the short term gains. Considering the instability of the political climate along with other things Telenor wanted out from the Turkish market, so there were no other options left but let TWF buy the company back.

3. Antalya's commercial harbor sold to Qatar over night, without anyone knowing, except when they were told, Qatar owns it now. This harbor made net profit of 47 mio USD annually, but was sold to Qatar for 140 mio usd for 7 years. I think you can do the math yourself.

4. Low TL as such isn't the problem. The problem is that it moves around too much. And loses value too much.

I see so Ali Babacan is a third class politicians. The man Reis wanted to stay, but who said no thanks. You know the consequences of me and likeminded people being wrong is a joke on us. But the alternative is catastrophic.

Found another video, it's short.

Way back when Türk Telekom was worth $20bn the opposition objected it to be privatized and it had to be sold to that Arabic however it was (Paul Doany was CEO) for like $6bn (?) saying off the top of my head. I do not know details of how it went after that but it was somebody else's fault that it was not sold at its worthy price. After which it was a private company. Are you blaming AK Parti govt for it.

Whoever sold their share for whoever reason from Turkcell it is a profit making company and will make profit for the state; good that they bough it for a good price; happy with it.

Antalya's what ever a tiny something that we don't know in what circumstance it was sold to some Qatari; what is the matter? If there is something wrong with it, did somebody go to court for it? If not why? Is there no evidence that something is wrong?

Ali Babacan was put in place by Reis and can not go until Reis wants him to. He thinks he is somebody. But he is nobody.

I don't see a problem anywhere. Consider this; there was a gang in the country that was bold enough to ask 170+ seats in the parliament to be given to them. That had penetrated in every office in the government and everything you did you did while also fighting them. And the whole bunch of other gangs along with them.

Stop being unreasonable and start rethinking the situation and see how much effort was put out to make the nation standing upright despite all the enmity the government faced through all the calamities it went.

 

[Ryder]

1. Türk Telecom was sold of to KSA, but the ministers in charge of that area started using the company as they saw fit (circumvent budgets, and force investments on the company) and didn't respect that it was a private company, thus when you start using someone elses company for your own gains be that political or not. The owner will do following. Empty the company for values, indebt it, don't pay the state, thus the state has no other options but buy back the company.

2. Swedish company that had the shares in Turkcell was actually a good partner who were in the Turkish market for long term. Not like some US or Russian companies that are interested in the short term gains. Considering the instability of the political climate along with other things Telenor wanted out from the Turkish market, so there were no other options left but let TWF buy the company back.

3. Antalya's commercial harbor sold to Qatar over night, without anyone knowing, except when they were told, Qatar owns it now. This harbor made net profit of 47 mio USD annually, but was sold to Qatar for 140 mio usd for 7 years. I think you can do the math yourself.

4. Low TL as such isn't the problem. The problem is that it moves around too much. And loses value too much.

I see so Ali Babacan is a third class politicians. The man Reis wanted to stay, but who said no thanks. You know the consequences of me and likeminded people being wrong is a joke on us. But the alternative is catastrophic.

Found another video, it's short.

Neoliberalism brought on by Ozal and Demirel has been a disaster for Turkiye.

 

[Saithan]

Neoliberalism brought on by Ozal and Demirel has been a disaster for Turkiye.

How old are you. Did you experience those times since you’re saying all that ? What do you know of the economic difficulties Turkey went through ?

 

[Zafer]

Turkish Cargo Avrupa'nın en iyisi seçildi!

Ekonomi - Türk Hava Yolları'nın (THY) hava kargo taşımacılığındaki markası Turkish Cargo, Avrupa'nın en iyi kargo taşıyıcısı seçildi.

ekonomi.haber7.com

Turkish Cargo global market share rises from 3.9 to 5.4 %

 

[Saithan]

'Dynamic pricing' under way for highways, bridges across Turkey

With the new regulation on the pricing of the bridge and highway pass fees across Turkey, a new program called “dynamic pricing” will be adopted. The...

www.dailysabah.com

 

[Saithan]

http://www.ecbc.eu/uploads/attachements/88/60/The%20traditional%20Danish%20mortgage%20model.PDF

I kinda think the danish mortgage system would be best for Turkey. Especially considering how today the interest is 1% and even a 0,5% loan is on the table.

Btw bank ppl don't understand this system very well, so they fear it.