TR Economy & Updates

uçuyorum

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Hersh's story makes more sense. F-16s wouldn't have been nearly enough especially since certain US lobby groups are already trying to put obstacles in the way.

That being said even $13 billion is a relatively modest sum in the grand scheme of things. It will save Erdogan for what, maybe two years?
13 billion and credit, we'd need 113.
 

Anastasius

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To the conclusion of local elections. After that, he'll go after those "structural reforms". He gotta.
Maybe or maybe not. Man will do the craziest shit to stay in power. Another worrying note in that article is the comment that Russia has been providing gas to Turkey on a credit. If true, that is going to MASSIVELY bite Turkey in the ass in the future.
 

Heartbang

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Maybe or maybe not. Man will do the craziest shit to stay in power. Another worrying note in that article is the comment that Russia has been providing gas to Turkey on a credit. If true, that is going to MASSIVELY bite Turkey in the ass in the future.
If Nordstream was still up I'd agree with you. Although the situation is still far from ideal, its more like two village idiots holding each others dookie.
 

Lool

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This is why indiginisation is always the first step to economic success
Before Togg, no major car company wanted to invest in electrical car manufacturing within Turkey. However, the moment Togg turned out to be a success, all major car companies are planning to make new investments in order to ensure that Togg doesnt take the whole pie and swallow the markets with cheap high quality products

Turkey needs to announce a national mobile phone and laptop initiatives as well as new indiginisation plans

 

what

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This is why indiginisation is always the first step to economic success
Before Togg, no major car company wanted to invest in electrical car manufacturing within Turkey. However, the moment Togg turned out to be a success, all major car companies are planning to make new investments in order to ensure that Togg doesnt take the whole pie and swallow the markets with cheap high quality products

Turkey needs to announce a national mobile phone and laptop initiatives as well as new indiginisation plans


Have you seen the margins on Laptops and Smartphones? There are only like 2–3 players in the world that make a profit out of Phones. Apple being the obvious champ.
 

Crush716

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We are literally selling ourselves for a few bucks that is so shameful. This is treason.
Any country with money can pimp us around like a prostitute. Shameful but faiz is Haram bro. Just when you think you can’t get any lower this incompetent government finds a way.. not surprised. How does everyone find new Turkiye so far?
 

TheInsider

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Erdoğan's statement before the Gulf visit: "We know very well what to sell and what not to sell"

"The visit has an investment and financial dimension. We have high hopes for both of them. There are investments there, of course, there are investments in our country. Turkiye will hopefully have a serious investment opportunity in these three countries in the defense industry, infrastructure, and superstructure investments. In addition, these countries will also have the opportunity to purchase certain assets from Turkiye. But, as some jugglers say, they are selling BOTAŞ, this is happening, that is happening, there is no such thing. We know very well what to sell and what not to sell."

Fasten your belts and brace for impact. Let's see what Erdo is going to sell.
 

dBSPL

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The United Arab Emirates and Turkey signed agreements worth $50.7 billion.(Reuters)

Reis has raised close to 100 billion dollars from Gulf countries, no details yet. But yesterday, a big operation was carried out with a fake movement in the stock market.

At the moment, the statement as the total amount came only from the UAE authorities and it was stated that a 50.7 billion dollar agreement was signed between TR and the UAE. One of the important anetode is that, CB interest rate decision will be announced tomorrow. The fact that this news comes just before the CB decisions may also be intended to soften a sharp reaction.
 

Rodeo

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Reis has raised close to 100 billion dollars from Gulf countries, no details yet. But yesterday, a big operation was carried out with a fake movement in the stock market.
I hope this money is in form of cheap loans and not mass assets buying. It's huge success, If it's the former (assuming rational and efficient spending)
 

dBSPL

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I hope this money is in form of cheap loans and not mass assets buying. If it's the former, it's huge success(assuming rational and efficient spending)
Directorate of Communications statement: Turkiye and the United Arab Emirates have signed and ratified 13 documents in various fields. The total value of the agreements is 50.7 billion dollars. It was decided to deepen the existing cooperation in areas such as energy, transportation, infrastructure, logistics, e-commerce, finance, health, food, tourism, real estate, construction, defense industry, artificial intelligence and advanced technologies.

*

There will certainly be a significant inflow of hot money into critical sectors. In other words, it seems that there will be a more technology-intensive resource inflow, with defense and aviation playing a critical role, rather than the traditional structure with a focus on real estate, automotive, energy, retail and service-related sectors etc..
 

Bozan

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Directorate of Communications statement: Turkiye and the United Arab Emirates have signed and ratified 13 documents in various fields. The total value of the agreements is 50.7 billion dollars. It was decided to deepen the existing cooperation in areas such as energy, transportation, infrastructure, logistics, e-commerce, finance, health, food, tourism, real estate, construction, defense industry, artificial intelligence and advanced technologies.

*

There will certainly be a significant inflow of hot money into critical sectors. In other words, it seems that there will be a more technology-intensive resource inflow, with defense and aviation playing a critical role, rather than the traditional structure with a focus on real estate, automotive, energy, retail and service-related sectors etc..

There is a reason the UAE just gave Erdogan their highest award.
 

TheInsider

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There is certainly a sale of Turkish assets involved in the deal as Erdogan said. We will learn more about what we sold in the following days. Nobody hands out 50 billion for free. Currently, we only know about Izmir Port.
 

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