Category: Politics
Dollarisation in Turkey smashing records
10th August 2022
The share of FX-linked deposits placed with Turkish banks stood at 54.5% of deposits as of July 29 while deposits under the state’s FX-protected scheme (KKM) accounted for 16.5%, BloombergHT has reported. Overall dollarisation stood at a fresh record high ...
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Separate Turkish attacks kill five people in northeast Syria
10th August 2022
Only days after four people including two children were killed by a Turkish drone strike on Saturday in the Kurdish-majority city of Qamisli in northeast Syria, Turkish drone strikes killed a further four people in ...
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As a result of Russia’s isolation in much of the global arena, Erdogan seems to have the upper hand over Putin. While the war in Ukraine rages on, Turkey is attempting to portray itself as ...