Page 2 - Deep Poverty Network News Today

Turks grapple with poverty as inflation bites

5 Min Read ISTANBUL (Reuters) - Food has become so expensive in Turkey that some people are spending what money they have to stock up on rice and pasta to avoid swallowing even higher prices in the months ahead. Women shop at a local market in Istanbul, Turkey January 12, 2021. REUTERS/Murad Sezer Parents have switched to discount baby biscuits, the cost of eggs has nearly doubled in a year, and a mock photo is circulating on Twitter in which a man on bended knee offers a woman a can of cooking...

Food has become so expensive in Turkey that some people are spending what money they have to stock up on rice and pasta to avoid swallowing even higher prices in the months ahead.

5 Min Read ISTANBUL (Reuters) - Food has become so expensive in Turkey that some people are spending what money they have to stock up on rice and pasta to avoid swallowing even higher prices in the months ahead. Women shop at a local market in Istanbul, Turkey January 12, 2021. REUTERS/Murad Sezer Parents have switched to discount baby biscuits, the cost of eggs has nearly doubled in a year, and a mock photo is circulating on Twitter in which a man on bended knee offers a woman a can of cooking...

Less for more in Turkey: costly food starves economic rebound

Holiday travelers at Hartsfield-Jackson International Airport in Atlanta on Dec. 23.Credit...Nicole Craine for The New York Times Sunday was the busiest day for U.S. airports since mid-March, underscoring concerns that a spike in holiday travel may contribute to the spread of the coronavirus, even as new cases remain alarmingly high and officials plead with Americans to avoid taking unnecessary risks. The Transportation Security Administration screened nearly 1.3 million people on Sunday, the m...

Dec 28 2020 10:50 Gmt+3 Last Updated On: Dec 28 2020 10:55 Gmt+3 Poverty and a slump in support for his governing Justice and Development Party (AKP) has prompted Turkish President Recep Tayyip Erdoğan into a sharp change of direction on economic policy. “People are at the point of explosion,” said Özgür Akbaş, the owner of a tobacco shop in a wealthy neighbourhood of Turkey’s capital Ankara, describing how two elderly women came into his shop last week. One asked to buy a single egg...