Türkiye's annual inflation rate climbed to nearly 65% in January official data showed Monday, fueled by a rise in minimum monthly wages and surging prices in hotels, cafes and restaurants, maintaining pressure for a tight monetary policy.
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According to data from TurkStat released on Monday, Türkiye's population increased by 92,824 compared to the previous year, reaching 85.37 million in 2023.
Given the chance he will.You're crazy and out of touch, if you think that Erdogan will go for another "2-3 terms". He's 70 years old and his health is deteriorating.
Biden is 81You're crazy and out of touch, if you think that Erdogan will go for another "2-3 terms". He's 70 years old and his health is deteriorating.
Even had so-call rule of law, separation of powers, fundamental rights/freedoms, and democracyWithout the rule of law, separation of powers, fundamental rights/freedoms, and democracy nothing good will happen in this economy.
You can bring the most qualified economists in the world from MIT and Harvard they still wouldn't be able to fix the Turkish economy.
I'm hoping the new constitution will bring about some change, although lots of people are skeptical, and doubt anything good happening, I disagree.![]()
Why the debate over a new Turkish constitution?
President Recep Tayyip Erdoğan’s address to Parliament’s opening session focused on his call for a new constitution. Stressing that Türkiye should draft a...www.setav.org
Erdogan will not run in 2028, so AKP's trump card will be gone, there is no clear candidate for the throne, on the other hand, the opposition has good candidates like Imamoglu and Yavas, with a real possibility of winning in 2028.
The current constitution gives too much power to the executive, is undemocratic, and courts are not impartial. There is no rule of law.
The reason why AKP is currently pushing for a new constitution is to protect themselves after Erdogan is gone, they are worried the likes of Imamoglu will become authoritarian and use the current constitution against them.
Although Erdogan has managed to maintain 50% votes in presidential elections, AKP keeps losing votes in parliamentary elections, this new constitution is preparing for when the castle walls are breached. Let's hope good things come out of this new constitution.
- Fuel price increase => cost increase in farming, cost increase in transportationHow could food prices raise so high when we have so much local produced food and when the government subsidizes so much farmers with free interest loans ?
We are feeding 15 million more people on top of our population. ~10 million Syrians and 5 million Africans, Afghans, Iranians, Arabs other than Syrians...etc.How could food prices raise so high when we have so much local produced food and when the government subsidizes so much farmers with free interest loans ?
And terrible agriculture policyWe are feeding 15 million more people on top of our population. ~10 million Syrians and 5 million Africans, Afghans, Iranians, Arabs other than Syrians...etc.
I get your long term view. Short term things look very differentTurkish citizens should'nt invest in the US dollar if they have a long term vision. Exciting times are coming.
I get your long term view. Short term things look very different
Today's spot rate is 1 USD = 31 lira
1 year forward rate is 1 USD = 44 lira
Figures are rounded.
When is this strengthening of the lira starting? When are the exciting times coming?