Hyperinflation Be Damned: Turkey, Argentina Post Massive Market Returns In 2022
North American and European equity markets suffered in 2022 as inflation grew uncomfortably high and central banks raised short-term interest
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Turkey
Smart Move Or Cry For Help? Russia To Create A “Natural Gas Hub” With Turkey
Turkish President Tayyip Erdogan announced on Wednesday that he and Russian President Vladimir Putin had agreed to establish a natural
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Turkey Continues to Cut Rates as Inflation Explodes to 83%
While much of the world is fixated on Liz Truss’s breathtaking incompetence as now-former prime minister of Britain, Turkish President
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Turkey’s Central Bank Slashes Interest Rates AGAIN as Inflation Soars Above 80%
to the shock of markets and the rest of the developed world, Turkey’s central bank cut interest rates once again,
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‘Cold Turkey’: Turkish Banks Quit Russian Payment Platform Mir
A couple of Turkish bank have stopped using Russia’s Mir payment system in their respective networks. The move was said
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Turkey’s Inflation Seen To Breach 80% After Authorities Hike Electricity, Gas Prices By 50%
After notching a staggering 79.6% annual inflation in July, Turkish authorities raised electricity and natural gas prices by around 50%
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Turkish Lira Plummets After Central Bank Cuts Rates AGAIN Despite Surging Hyperinflation
In the banana republic that is Turkey, when Erdogan wants cheap money, he gets cheap money— screw 80% hyperinflation! In
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Turkey’s Inflation Rate Soars Close To 80% In June, The Highest In Two Decades
Turkey’s annual inflation rose to 78.6% in June, as the cost of food and transportation continue to skyrocket. This is
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Turkey Looks To End “Unofficial” Economic Data By Threatening Jail Time
Turkey is unsurprisingly looking to limit public knowledge on just how bad it’s economy is getting to be. It’s been
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Turkish Lira Resumes Historic Tumble After Erdogan Praises Rate Cut
The Turkish lira was sent into a further free-fall on Tuesday, after President Recep Tayyip Erdogan praised the central bank’s
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