TR Economy & Updates

[contricusc]

So they are a bigger burden for the West.

You do realize that Turkey is the country hosting the most refugees in the World right now?

With 3.5 million refugees, it has many more than any European country. By comparison, the countries with most refugees in Europe are:

Germany - 2 mil
Poland - 0.97 mil
France - 0.6 mil

Basically the top three EU countries in terms of refugees, hold together as many refugees as Turkey.

List of sovereign states by refugee population - Wikipedia

en.wikipedia.org

 

[_Mu_]

Turkey is now the third-biggest exporter of scripted series in the world—behind only America and Britain. Between 2020 and 2023 global demand for Turkish shows grew by 184%, compared with 73% for Korean dramas, according to Parrot Analytics, a data firm.

Turkish shows are popular not just in the Middle East but also in Europe and Latin America. Last year the three biggest importers of new Turkish shows were Spain, Saudi Arabia and Egypt. The Istanbul Chamber of Commerce estimates that Turkey’s television exports earned $600m in 2022; some analysts predict their sales will soon total billions.

The third-largest exporter of television is not who you might expect

After America and Britain, Turkey is the biggest seller of scripted shows

www.economist.com

 

[B_A]

Then people have not understood the principle of the economy and its rules; after every upswing comes a period of recession.
This can sometimes last a decade.
Look at Japan after the boom of the 70-80s, the country was in a permanent recession that was very slow to recover.
Young people are also responsible for themselves, if everyone just studies business administration and wants to become a bank manager or IT administrator, then they shouldn't be surprised.
In Turkey there are many vacancies in the defense industry, in medicine and in logistics, you just have to think left and right.
I'm not saying it's easy, but there are jobs in Turkey.

I am from japan (I have a Japanese mother) and know in many area Turkey is narrowing lot of gaps between Japan.(of course S.korean done better than us)

Just think about 2002 no one even think Turkey can develop a M60 tank or any other industrial product.everyone laughs if you say Turkey can export armed Drone,.

the only and biggest problem for these 5-6 year is the current account debt and the dropping of Lira.
The tax and fine of here is far lower than Japan.

Before 2010s almost everyone in world thought Turkiye had only Kebabs and harems…..

 

[B_A]

Now find a job in Turkey is far far easier than in China.

the only problem is lira dropping but RMB stable.

 

[contricusc]

Turkey is now the third-biggest exporter of scripted series in the world—behind only America and Britain. Between 2020 and 2023 global demand for Turkish shows grew by 184%, compared with 73% for Korean dramas, according to Parrot Analytics, a data firm.

I know Turkish series are extremely popular in Romania.

 

[Scott Summers]

Turkish-Russian trade hit by fresh US sanctions threat

A US threat to hit financial firms doing business with Russia with sanctions has chilled Turkish-Russian trade, disrupting or slowing some payments for both imported oil and Turkish exports, according to seven sources familiar with the matter.

Turkish-Russian trade hit by fresh US sanctions threat

A US threat to hit financial firms doing business with Russia with sanctions has chilled Turkish-Russian trade, disrupting or slowing some payments for both imported oil and Turkish exports, according to seven sources familiar with the matter.

www.euractiv.com

Just pay in cash and the problem is solved. Dont use the banks.

If you pay cash, they cant monitor anything.

And Turkey is a cash-country. You can alway walk into a bank and just get all your savings cash.

It's not Europe where all the bank offices are closed and you get designated as a terrorist if you use cash money.

 

[I_Love_F16]

It's not Europe where all the bank offices are closed and you get designated as a terrorist if you use cash money.

What the hell are you talking about ?

 

[B_A]

Turkish-Russian trade hit by fresh US sanctions threat

A US threat to hit financial firms doing business with Russia with sanctions has chilled Turkish-Russian trade, disrupting or slowing some payments for both imported oil and Turkish exports, according to seven sources familiar with the matter.

Turkish-Russian trade hit by fresh US sanctions threat

A US threat to hit financial firms doing business with Russia with sanctions has chilled Turkish-Russian trade, disrupting or slowing some payments for both imported oil and Turkish exports, according to seven sources familiar with the matter.

www.euractiv.com

Just pay in cash and the problem is solved. Dont use the banks.

If you pay cash, they cant monitor anything.

And Turkey is a cash-country. You can alway walk into a bank and just get all your savings cash.

It's not Europe where all the bank offices are closed and you get designated as a terrorist if you use cash money.

TL notes now is too small account to use.

 

[Scott Summers]

TL notes now is too small account to use.

I agree.

We need bigger notes, like 500 of 1000 TL.

 

[Scott Summers]

What the hell are you talking about ?

Cash money and cash payments are both under a huge political attack in the Netherlands.

 

[what]

Just pay in cash and the problem is solved. Dont use the banks.

If you pay cash, they cant monitor anything.

And Turkey is a cash-country. You can alway walk into a bank and just get all your savings cash.

It's not Europe where all the bank offices are closed and you get designated as a terrorist if you use cash money.

You expect companies to fly over millions and billions in currency every time they make a deal? You dont make sense in most of your posts, but lucky for you low quality is not a punishable offence rules-wise.

 

[Huelague]

What about a 'new currency' like Bitcoin for exchange?

 

[Scott Summers]

You expect companies to fly over millions and billions in currency every time they make a deal? You dont make sense in most of your posts, but lucky for you low quality is not a punishable offence rules-wise.

No, in case of a neighbour like Russia, every Russian firm can create a office in Istanbul for the cash money payment, or the Russian-Turkish Business Forum can create a office in Istanbul for the cash payments of every Turco-Russian trade. In that office you can make cash transactions in lira's and rubbles. After business is finished, you can always turn the local currencies to dollars or euros.

No digital transactions, no dollars or euros. No control, no sanctions. How do you think Iran, Cuba and North Korea handle these things for years under all those sanctions? Cash payment is the solution.

 

[_Mu_]

Increase in GDP per capita (PPP) between 2003-2023.

Turkey: 257%
Poland: 242%
Russia: 161%
Germany: 110%
Netherlands: 105%
France: 90%
Spain: 88%
UK: 85%
Italy: 72%

https://twitter.com/i/web/status/1761058338140213555

 

[Scott Summers]

More good news.

https://twitter.com/i/web/status/1761057180239700171

 

[I_Love_F16]

More good news.

https://twitter.com/i/web/status/1761057180239700171

Very good question …

 

[Scott Summers]

View attachment 65918

Very good question …

Yes, but was Şimşek in charge when we fell in the Grey List?

 

[I_Love_F16]

Yes, but was Şimşek in charge when we fell in the Grey List?

Either way, those who were in charged should be trialed for corruption and mismanagement. But obviously this will never happen.

 

[what]

The topic is Economy updates, not Palestine, not Hamas.

 

[B_A]

TURKSTAT Corporate

data.tuik.gov.tr

Gross Domestic Product (GDP) increased by 4.5% in 2023

Gross Domestic Product obtained by addition of four quarters with chain linked volume index (2009=100), increased by 4.5% in 2023 compared with the previous year.

Gross domestic product at current prices increased by 75.0% and reached 26 trillion 276 billion 307 million TRY in 2023 compared with the previous year.

Gross Domestic Product per capita was 307 952 TRY in 2023

The gross domestic product per capita was 307 952 TRY and 13 110 US Dollars at current prices in 2023