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Turkish Central Bank raises interest rate from 8.5% to 15%

For the first time in 27 months, Turkey’s central bank has raised interest rates. The 6.5% increase marks the first time the bank has done so under the tenure of Hafize Gaye Erkan, the new bank minister who took office less than two weeks ago.  Although the first in over two years, the rate increase […]

Turkey’s new economic development plan: Postponing the currency crisis until local elections

The recent plan announced by Turkey’s Economic Coordination Board (Ekonomi Koordinasyon Kurulu) to fight against inflation of the Turkish Lira has failed to meet expectations of the markets and many citizens. The economic approach will seek to suppress the country’s currency crisis until local elections take place in March 2024. Medyascope spoke with economic expert Dr. Mustafa […]

Rumors of a new 500 TL banknote amidst the Turkish inflation crisis

The rumors of “500 TL banknotes” have resurfaced. The initial claim made last year was quickly refuted by the former Minister of Treasury and Finance, Nureddin Nebati, stating that the allegations were baseless. Last month, several reports claimed that the molds for the 500 TL banknotes had been forged, and more recently, images of a […]

Turkish economy weakens further immediately after Erdoğan’s victory

Only two days after President Erdoğan has secured yet another term in office, the Turkish Lira has weakened further, falling below 20-to-the-dollar. Along with yet another crash for the Lira, further inflation and price hikes loom over the country with fuel prices leading the way. The Turkish Lira has gradually been losing value for the […]

This Week in Turkey (248): The Lira bounces back & Turkish drones

Thank you for joining us in This Week in Turkey, I am Murat Türsan. Tonight, the Lira bounces back, Turkey becomes a premiere drone dealer, the Turkish vaccine receives emergency approval and we have polls on the conservative voter block in Turkey. Our main story tonight: After a high-stakes gambit by the President, the lira roughly […]

This Week in Turkey (243): Turkish Lira’s crash and Netflix Series “The Club”

Tonight, the Lira is in Free-fall yet again, main opposition party CHP chair Kemal Kılıçdaroğlu and İYİ Party chair Meral Akşener go on a tour of reconciliation and a tale of 1950’s İstanbul, takes the world by storm. Our guests tonight are Doctor of Economics Kamil Yılmaz who’ll be speaking to us about the most recent financial catastrophe and columnist Kenan […]

Ekonomik düzen ve istikrarı hedef aldıkları gerekçesiyle en az 38 kişiye hapis istemi

Geçen ağustos ayında Türk Lirası’ndaki (TL) ani değer kaybının Türk bankaları üzerindeki etkisi hakkında bir haber hazırlayan iki Bloomberg muhabiri aleyhine, 2 ila 5 yıl hapis cezası istemiyle dava açıldığı duyuruldu. Bankacılık Düzenleme ve Denetleme Kurumu’nun (BDDK) şikayeti üzerine hazırlanan iddianamede, “Muhabirler Kerim Karakaya ve Fercan Yalınkılıç’ın yaptıkları haberle Türkiye ekonomisinin istikrarını zayıflatmaya çalışması” sözkonusu […]

4000 TL ile nasıl bir bilgisayar satın alabilirsiniz?

İlkan Akgül ve Emre Saklıca, ShortCAST’in bu bölümünde Word, Excel, Powerpoint gibi temel programları kullanabileceğiniz, film, dizi izleyebileceğiniz ve sosyal medya kullanabileceğiniz ortalama bütçe ile bilgisayar satın alma rehberi hazırladı. 4000 TL ile nasıl bir bilgisayar satın alabilirsiniz?