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Asia Times

Asia Times

Covering geo-political news and current affairs across Asia

Tag: Turkish lira

Posted inAnalysis

Crisis-hit Turkey survives as an extension of China

by David P Goldman February 4, 2022February 9, 2022

NEW YORK – Despite a catastrophic currency devaluation and 50% annual inflation as of December, Turkish manufacturing is booming and exports have risen by more than half from pre-pandemic levels. A real economic boom in the midst of financial disaster is puzzling, but there’s a simple explanation: Turkish manufacturing doesn’t have much to do with […]

Posted inTurkey

Erdogan’s unorthodoxy leaves Turks in the literal cold

by Jonathan Gorvett December 18, 2021December 24, 2021
Posted inAT+

Erdogan’s Ponzi scheme comes apart

by David P. Goldman December 18, 2021December 18, 2021
Posted inTurkey

Turkey’s currency crisis textbook monetary mismanagement

by Gulcin Ozkan November 28, 2021November 28, 2021
Posted inAT+

Turkey on the hyperinflation vanguard

by David P. Goldman November 18, 2021November 19, 2021
Posted inMiddle East

Twin sanction threat puts the squeeze on Erdogan

by Jonathan Gorvett December 12, 2020December 15, 2020
Posted inTurkey

Financial shuffle won’t lift Turkey’s free-falling lira

by Özlem Albayrak November 10, 2020November 11, 2020
Posted inTurkey

Erdogan drives lira’s fast and furious collapse

by Özlem Albayrak November 2, 2020November 6, 2020
The falling lira is making it difficult for many Turks to make ends meet. Photo: iStock
Posted inOpinion

Switching currency will not save Idlib from misery

by Haid Haid July 28, 2020July 28, 2020
The Bank of Korea has released quarterly economic figures. Photo: iStock
Posted inNortheast Asia, South Korea

South Korean won suffering value fall against dollar

by Lee Shin-hyung May 15, 2019February 18, 2020
Turkish President Recep Tayyip Erdogan. Turkish Presidential Palace via Reuters/Cem Oksuz
Posted inMiddle East, Turkey

Why Erdogan lost local elections

by David L Phillips April 6, 2019February 18, 2020
Posted inEgypt, European Union, France, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Middle East, Russia, Syria, Turkey, World

Turkey is stuck in quagmire of its own making

by Andrew Brennan February 15, 2019February 18, 2020
Turkish President Recep Tayyip Erdogan addresses members of parliament from his ruling AK Party in Ankara. Photo: Reuters
Posted inMiddle East, Turkey

Why Erdogan is powerless over ‘devastating’ sanctions

by Faisal Al Yafai January 31, 2019
Photo: NurPhoto via AFP
Posted inMiddle East, Russia, Turkey, World

Turkish lira firms on news of US pastor’s release

by Asia Times staff October 13, 2018February 18, 2020
Posted inMiddle East, Turkey

Pompeo says US pastor may be released; Turkish lira jumps

by Asia Times staff September 25, 2018February 18, 2020
The construction sector, once the most profitable in Turkey, is losing popularity amid a months-long depreciation of the Turkish lira. Photo: Altan Gocher / NurPhoto / AFP
Posted inMiddle East, Turkey, World

In Turkey, new economic plan comes up short

by Özlem Albayrak September 21, 2018February 18, 2020
Members of the Islamic Society USA participate in an initiative to help Turkey shore up its currency. Members bought 100 Turkish lira (worth US$16.23) for US$200 on September 14. Photo: Anadolu Agency/Mohammed Elshamy
Posted inMiddle East, Syria, Turkey

Turkey slashes investment requirements for citizenship

by Alison Tahmizian Meuse September 20, 2018February 18, 2020
Photo: AFP
Posted inMiddle East, Russia, Turkey, World

Central Asia markets feel Russia-Turkey pinch

by Gary Kleiman September 19, 2018
The falling lira is making it difficult for many Turks to make ends meet. Photo: iStock
Posted inAT Finance, Australia, Beijing, China, European Union, Indonesia, Middle East, Oceania, Turkey, World

Turkey turns to China as it tries to clean up bad loans

by Asia Times staff September 18, 2018February 18, 2020
Turkish President Recep Tayyip Erdogan makes a speech to the Confederation of Turkish Tradesmen and Craftsmen in Ankara on September 13, 2018. Kayhan Ozer / Anadolu
Posted inMiddle East, Turkey

Turkish Central Bank hikes interest rate to 24%

by Alison Tahmizian Meuse September 14, 2018February 18, 2020

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