TR Economy & Updates

[Scott Summers]

We need this with EU and US and stopp this with China.

I agree. There is not one country that has a positive trade balance with China.

 

[uçuyorum]

I agree. There is not one country that has a positive trade balance with China.

Japan and Korea? They know better.
Actually Korea seems to have given deficit this year after 31 years. Japan also has deficit but small

 

[Scott Summers]

Japan and Korea? They know better.
Actually Korea seems to have given deficit this year after 31 years. Japan also has deficit but small

It's almost impossible. China loves exporting but less importing.

They want to sell everything to you but when it is your turn than they come with limitations, regulations, taxes or they just full force subsidizes your local rival in China like they do with Tesla, Mercedes etcetera hence why Elon Musk complained.

If China conquers Taiwan and their chip-machinery then the whole world can stop producing cars or computers.

 

[uçuyorum]

It's almost impossible. China loves exporting but less importing.

They want to sell everything to you but when it is your turn than they come with limitations, regulations, taxes or they just full force subsidizes your local rival in China like they do with Tesla, Mercedes etcetera hence why Elon Musk complained.

If China conquers Taiwan and their chip-machinery then the whole world can stop producing cars or computers.

South Korea is investing $ 470 billion on chip manufacturing for a reason.

 

[Bozan]

https://twitter.com/i/web/status/1753342394677043361

Ali Yerlikaya explained the balance sheet of the February 6 Earthquakes:

-53,537 people killed

-107,213 people injured

-38,901 buildings destroyed

So there's 1.37 deaths per building as a result of the earthquake - Isn't that rather low? Or do we have lots of empty buildings ? Or lots of people living alone ?

 

[B_A]

I agree. There is not one country that has a positive trade balance with China.

Taiwan and Russia and Australia....

 

[uçuyorum]

https://twitter.com/i/web/status/1753342394677043361

So there's 1.37 deaths per building as a result of the earthquake - Isn't that rather low? Or do we have lots of empty buildings ? Or lots of people living alone ?

Maybe it includes buildings that didn't collapse but just become unuseable? Either way doubt its the exact number.

 

[YeşilVatan]

https://twitter.com/i/web/status/1753342394677043361

So there's 1.37 deaths per building as a result of the earthquake - Isn't that rather low? Or do we have lots of empty buildings ? Or lots of people living alone ?

Earthquake happened twice within 6 hours, I think it's about that. Plus you have buildings that didn't collapse instantly, and one story homes which would probably cause injuries rather than deaths.

 

[BalkanTurk90]

https://twitter.com/i/web/status/1753342394677043361

So there's 1.37 deaths per building as a result of the earthquake - Isn't that rather low? Or do we have lots of empty buildings ? Or lots of people living alone ?

Add aslo 100 000 + that were injured .
Mostly survived with injuries

 

[B_A]

Maybe it includes buildings that didn't collapse but just become unuseable? Either way doubt its the exact number.

Many residents had chance to run away.

Even collapsed many times not totally collapsed.

Like the bomb of Juice didn't kill everyone in the collapsed houses in Gaza

 

[Bozan]

Earthquake happened twice within 6 hours, I think it's about that. Plus you have buildings that didn't collapse instantly, and one story homes which would probably cause injuries rather than deaths.

Good point

 

[Nutuk]

Earthquake doesn't kill faulty buildings do.

If a whole city is erased (Antakya), blaming the quake alone is a farse

 

[Strong AI]

Central Bank Governor Erkan requested her pardon from duty

Merkez Bankası Başkanı Erkan görevden affını talep etti

Hafize Gaye Erkan, Merkez Bankası Başkanlığı görevinden affını istedi. Hazine ve Maliye Bakanı Mehmet Şimşek'ten de konuya ilişkin açıklama geldi. Şimşek, yürütülen ekonomi programının, kesintisiz ve kararlılıkla devam edeceğini belirtti. Yeni başkanın da önerisi doğrultusunda atacağını ifade etti.

www.trthaber.com

I was thinking to post this in the meme thread.
How many got changed until now?

 

[what]

Central Bank Governor Erkan requested her pardon from duty

Merkez Bankası Başkanı Erkan görevden affını talep etti

Hafize Gaye Erkan, Merkez Bankası Başkanlığı görevinden affını istedi. Hazine ve Maliye Bakanı Mehmet Şimşek'ten de konuya ilişkin açıklama geldi. Şimşek, yürütülen ekonomi programının, kesintisiz ve kararlılıkla devam edeceğini belirtti. Yeni başkanın da önerisi doğrultusunda atacağını ifade etti.

www.trthaber.com

I was thinking to post this in the meme thread.
How many got changed until now?

This is bad, I hope the next one will be sane too. In Simseks influence we trust, or we have to trust.

 

[Strong AI]

Central Bank Governor Erkan requested her pardon from duty

Merkez Bankası Başkanı Erkan görevden affını talep etti

Hafize Gaye Erkan, Merkez Bankası Başkanlığı görevinden affını istedi. Hazine ve Maliye Bakanı Mehmet Şimşek'ten de konuya ilişkin açıklama geldi. Şimşek, yürütülen ekonomi programının, kesintisiz ve kararlılıkla devam edeceğini belirtti. Yeni başkanın da önerisi doğrultusunda atacağını ifade etti.

www.trthaber.com

I was thinking to post this in the meme thread.
How many got changed until now?

Fatih Karahan became the new Central Bank President

Yeni Merkez Bankası Başkanı Fatih Karahan oldu

Türkiye Cumhuriyet Merkez Bankası (TCMB) Başkanlığı görevine, Başkan Yardımcısı Fatih Karahan atandı.

www.trthaber.com

 

[Rodeo]

Past CB governors and their terms in office

(in months)

 

[Bozan]

Central Bank Governor Erkan requested her pardon from duty

Merkez Bankası Başkanı Erkan görevden affını talep etti

Hafize Gaye Erkan, Merkez Bankası Başkanlığı görevinden affını istedi. Hazine ve Maliye Bakanı Mehmet Şimşek'ten de konuya ilişkin açıklama geldi. Şimşek, yürütülen ekonomi programının, kesintisiz ve kararlılıkla devam edeceğini belirtti. Yeni başkanın da önerisi doğrultusunda atacağını ifade etti.

www.trthaber.com

I was thinking to post this in the meme thread.
How many got changed until now?

The first statement is in English lol, Simsek is panicking about foreigners.

https://twitter.com/i/web/status/1753514539260248516

 

[Scott Summers]

"A major reputation assassination campaign has recently been organized against me," Erkan said in her statement, referring to recent defamation campaign launched against her on social media.

She added that she was stepping down "in order to prevent my family and my innocent child, who is not even one-and-a-half years old, from being further affected by this process."

She thanked President Recep Tayyip Erdoğan and expressed her gratitude for his support during her term.

On Wednesday, Erdoğan decried efforts to spread "rumors" meant to undermine economic progress, in an apparent endorsement of Erkan, who had criticized a recent press report about her family.

"When the central bank's reserves reached a record-breaking $145.5 billion, they took immediate action. They launched campaigns to disrupt the climate of confidence and stability in our economy with unreasonable rumors, which could undermine the progress we have made," Erdoğan said.

He did not specify the rumors nor reference Erkan directly, though earlier in the speech he cited "opposition" efforts to criticize the government and economy.

 

[Lool]

New TCMB governor seems to be a person who favours an orthodox monetary policy as well

https://twitter.com/i/web/status/1753527813217407037

 

[Scott Summers]

I think she really quit because of X and heir family. Nothing to do with Erdogan or AKP.

The new director Governor will work on the same path that Mehmet Şimşek has in mind.