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Analysis: Less for more in Turkey: costly food starves economic rebound - Vimarsana News

Analysis: Less for more in Turkey: costly food starves economic rebound

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 oil instead of an engagement ring. “We are buying only the absolute necessary and cheapest brands...

Analysis: Less for more in Turkey: costly food starves economic rebound - Vimarsana News

Analysis: Less for more in Turkey: costly food starves economic rebound

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.

Analysis - Less for more in Turkey: costly food starves economic rebound - Vimarsana News

Analysis - Less for more in Turkey: costly food starves economic rebound

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 oil instead of an engagement ring. “We are buying only the absolute necessary and cheapest brands...

Erdogan says U.S. sanctions would 'disrespect' Turkey - Vimarsana News

Erdogan says U.S. sanctions would 'disrespect' Turkey

President Tayyip Erdogan said on Friday U.S. sanctions over Turkey's purchase of Russian S-400 missiles would be disrespectful to a NATO ally, after sources said Washington was poised to take the step likely to further strain relations.

Turkey economic confidence dips a second straight month - Vimarsana News

Turkey economic confidence dips a second straight month

2 Min Read FILE PHOTO: A man walks towards the entrance of OzdilekPark Shopping Center in the business and financial district of Levent,in Istanbul, Turkey September 8, 2020. REUTERS/Murad Sezer ANKARA (Reuters) -Turkey’s economic confidence index dropped for a second straight month to 86.4 points in December, reflecting a surge in coronavirus cases that brought curfews, weekend lockdowns and restaurant closures, according to official data on Tuesday. The index declined 3.5% month-on-month, the Turkish Statistical Institute said. It hit a record low when the pandemic struck earlier this yea...