Turkey finance

Corporate Deposits Included in Turkish Lira Protection Regime

Turkey has included companies’ currency and gold deposit accounts converted to Turkish lira in a program that protects local currency savings against exchange rate volatility, the Official Gazette said on Tuesday. Dollars, euros, pounds or gold in companies’ deposit accounts at the end of 2021 could be converted to lira …

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The inflation rate in the United States is likely to rise again: Eco Week

Breadcrumb Links PMN company Author of the article: Bloomberg News Vince Golle Release date : Jan 09, 2022 • 32 minutes ago • 5 minutes to read • Join the conversation Content of the article (Bloomberg) – Sign up for the New Economy Daily newsletter, follow us @economics and subscribe …

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Hot Air Heaters Market Forecast to 2028

The global combustion air heater market is expected to grow from US $ 491.73 million in 2021 to US $ 692.24 million by 2028; it is estimated to increase at a CAGR of 5.0% from 2021 to 2028. Governments of various economies are taking several measures to attract private investment …

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Pound weakens 1%, minister says, Turkey is forging its own path

Udate the price of the reading, adds the comments of the Minister of Finance ISTANBUL, January 5 (Reuters) – The Turkish lira weakened 1% on Wednesday, extending losses a day earlier as investors assessed the impact of a surge in inflation to a 19-year high after the currency’s fall in …

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France discovers bird flu at turkey farm in west, industry group says

PARIS, Jan. 3 (Reuters) – France has detected highly pathogenic avian flu on a farm in the west of the country, marking the first outbreak in the region, poultry industry group Anvol said on Monday, citing a local government publication . The outbreak was discovered in a farm of around …

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Turkish lira posts worst year in 2 decades under Erdogan

ANKARA, Turkey – The Turkish lira has recorded its worst year since President Tayyip Erdogan came to power nearly two decades ago, despite his call on Friday, December 31, for Turks to trust his unorthodox policies of cutting back taxes. interest rates in the face of soaring inflation. The lira …

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Turkish finance minister says US Federal Reserve is owned by five families – Middle East Monitor

Turkey’s Treasury and Finance Minister claimed that the United States Federal Reserve was not owned by the American public but rather belonged to five wealthy families, drawing criticism from economists. In a television interview with CNN Turk news channel yesterday, Nureddin Nebati – appointed by President Recep Tayyip Erdogan in …

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Turkey’s economy is no laughing matter – Famagusta Gazette

By Robert Ellis This Christmas, I was persuaded to dress up as Santa Claus to please our six-year-old granddaughter, who was disappointed that she hadn’t come last year. But I was scolded. “Santa Claus wore Grandpa’s shoes,” she later remarked. The same goes for Turkish President Recep Tayyip Erdoğan and …

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The best and worst performing assets of 2021

Growth remains strong, but if the foreign investors Erdogan seeks to expel actually give up, there will likely be damaging consequences for what has long been considered one of the world’s most promising economies. There are around 18 months until Turkey’s next election – a crash could occur sooner. Fastest …

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Turkey freezes assets of individuals and organizations suspected of financing terrorism – JURIST

Turkey’s Treasury and Finance Ministry on Friday froze the assets of more than 770 individuals and organizations on the grounds that they were providing terrorist financing, according to a decision published in the Turkish official journal Resmi Gazete. Among those sanctioned were 454 members of what the Turkish government calls …

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