Category

Tayyip Erdogan

Turkey Rolls Out Economic Rescue Plan, Reversing Lira’s Spiral Tayyip Erdogan

Turkey Rolls Out Economic Rescue Plan, Reversing Lira’s Spiral

ISTANBUL—Turkey’s currency mounted a dramatic, partial reversal from a monthslong collapse on Tuesday after President Recep Tayyip Erdogan announced a rescue plan to encourage Turks to put their money back into the lira. In a televised speech late Monday, Mr. Erdogan said the government would guarantee returns on lira deposits…
bubmag
December 21, 2021
Turkish opposition leader says government giving guarantees with money it does not have Tayyip Erdogan

Turkish opposition leader says government giving guarantees with money it does not have

Kemal Kilicdaroglu, the leader of Turkey's main opposition Republican People's Party (CHP), attends a rally in the southern city of Mersin, Turkey, December 4, 2021. Alp Eren Kaya/Republican People's Party Press Office/Handout via REUTERS ANKARA, Dec 21 (Reuters) - Turkey's government has provided guarantees to citizens hit by a currency…
bubmag
December 21, 2021
Erdogan announces new Turkey measures to halt dollarisation, defends low-rates policy Tayyip Erdogan

Erdogan announces new Turkey measures to halt dollarisation, defends low-rates policy

Turkish President Tayyip Erdogan addresses the audience as he attends a ceremony in Istanbul, Turkey, December 19, 2021. Murat Cetinmuhurdar/Presidential Press Office/Handout via REUTERS ANKARA, Dec 20 (Reuters) - Turkish President Tayyip Erdogan introduced a series of measures that aimed to prevent further dollarisation and encourage savings to be made…
bubmag
December 20, 2021
Erdogan says he lowered inflation to 4% before, will do it again soon Tayyip Erdogan

Erdogan says he lowered inflation to 4% before, will do it again soon

Turkish President Tayyip Erdogan addresses the audience as he attends a ceremony in Istanbul, Turkey, December 19, 2021. Murat Cetinmuhurdar/Presidential Press Office/Handout via REUTERS Register now for FREE unlimited access to Reuters.comErdogan repeats opposition to high interest ratesIs under fire over currency meltdown, rising costsPresident says problems not due to…
bubmag
December 19, 2021
Turkey pledges 15 million Covid-19 vaccine doses for Africa in bid to strengthen ties Tayyip Erdogan

Turkey pledges 15 million Covid-19 vaccine doses for Africa in bid to strengthen ties

Turkey will send 15 million Covid-19 vaccine doses to Africa, President Recep Tayyip Erdogan announced on Saturday at a major summit of the continent's leaders, adding that the low vaccination rates there were a blot on humanity. Ankara has invested heavily in developing trade and diplomatic ties with the world's…
bubmag
December 18, 2021
As Turkey’s Currency Collapses, Erdogan’s Support Sinks Even in His Hometown Tayyip Erdogan

As Turkey’s Currency Collapses, Erdogan’s Support Sinks Even in His Hometown

RIZE, Turkey—Here in President Recep Tayyip Erdogan’s hometown on Turkey’s Black Sea coast, residents are questioning the leadership of their city’s favorite son amid an economic crisis that is driving up the cost of food, gasoline and medicine. Turkey’s currency has lost as much as 45% of its value this…
bubmag
December 13, 2021
Turkey’s Erdogan says social media a ‘threat to democracy’ Tayyip Erdogan

Turkey’s Erdogan says social media a ‘threat to democracy’

ISTANBUL (AP) — Turkish President Recep Tayyip Erdogan described social media Saturday as one of the main threats to democracy. Erdogan’s government plans to pursue legislation to criminalize spreading fake news and disinformation online, but critics say the proposed changes would tighten restrictions on free speech. “Social media, which was…
bubmag
December 11, 2021