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The war in Ukraine has prompted huge financial sanctions against Russia. The escalating list of measures is starting to severely impact the country's economy. The stock exchange is closed and people are queueing at ATMs.
The public sector rushed to buy up the still available dollars and euros.
Brink of currency collapse. their nightly blackouts because of an old fuel. tomorrow has a lot will drive a shipment into lebanon. iranian oil is under us sanctions, while hezbollah is a proscribed terrorist organisation. so here's our correspondent in lebanon anna foster to tell us how this is going to work. what is crucial to understand is how desperate things are here in lebanon right now. you can't find vital medicines here, people will que up for hours to fill up their cars with petrol. and look at the beirut skyline, there are whole buildings behind me in complete darkness because there ...
Jones reports now from istanbul. has spent his life building the big construct brand in turkey selling a few thousand back in ninety five sales are now in the hundreds of thousands companies selling imported goods but turkish currency collapse is posing unique and formidable challenges. i've worked too hard to establish this brand in turkey and to explain birkenstock special souls to customers i want to allow my efforts to be spoiled by crisis situations like the recent one we've put a pricing policy into effect by waving our profit just like we've done in the past when we opted to expand the ...
Importers hawse daryn jones now reports from istanbul. based tim has spent his life bill. being the big construct brand in turkey selling a few thousand back in ninety five sales are now in the hundreds of thousands of companies selling imported goods but turkish currency collapse is posing unique and formidable challenges. i've worked too hard to establish this brand in turkey and to explain birkenstock special souls to customers i want to allow my efforts to be spoiled by crisis situations like the recent one that we've put a pricing policy into effect by waving our profit just like we've do...