Tag: Lira

Turkey is in a Strong Position to Fight and Win The Economic War That Trump Just Made Official

With Donald Trump doubling existing steel and aluminium tariffs against Turkey while decrying the present state of relations between Washington and Ankara, it is clear that Washington’s economic war against Turkey which had raged prior to the 10th of August is now official and being conducted openly. While global markets […]

As The Western Financial System Declares War on Turkey, Ankara Must Look to Shanghai

The Central Bank of the Republic of Turkey has thus far managed to succeed in walking a fine line between hiking interest rates in order to stave off further inflation while managing to maintain an atmosphere of accessible capital which is necessary for Turkey’s rapidly growing economy. Turkey continues to follow […]

Erdogan Slams George Soros and European Currency Speculators While Encouraging Turks to Dump Dollars and Euros

During a major campaign speech in the eastern Anatolian city of Erzurum, Turkey’s President Recep Tayyip Erdogan lashed out at European and American currency speculators whose machinations have caused the Turkish Lira to sink to historic lows against the US Dollar. Erdogan correctly pointed out that he has prioritised internal investment and […]