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The Turks love tea, with each one consuming an average of 1,300 cups per year. The associated transactions, though small, are sufficiently numerous that they play their part in keeping the economy ticking over. Unfortunately, inflation has become almost as identifiable with Turkey as tea. From 1975 to 2004, Turkey’s painful experience of high and chronic inflation was
Apple has temporarily halted online sales of some of its devices on official stores in Turkey after the country’s ...
The value of the Turkish lira has dropped precipitously in the past year with inflation rates soaring. So what's behind this dire situation?
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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Turkey's lira nose-dived 15% on Tuesday in its second-worst day ever after President Tayyip Erdogan defended recent sharp rate cuts, and vowed to win his "economic war of independence" despite widespread criticism and pleas to reverse course.