TOP News

US News: Changes-The Turkish Book Fall After the words of Erdogan

ECHR: Ankara Sentenced for the arbitrary detention of 427 magistrates after the 2016 Putsch of 2016

 ECHR: Ankara Sentenced for the arbitrary detention of 427 magistrates after the 2016 Putsch of 2016 © Ozan Kose AFP / file After the mature Putsch of July 2016, the Turkish authorities had launched major purges against the presumed supporters of Fethullah Gülen , Black Beast of Turkish President Recep Tayyip Erdogan (our photo). The European Court of Human Rights (ECHR) sentenced Turkey for "arbitrary" Turkey of 427 Turkish detention after the mismatch of July 2016.

Turkey-book / (Photo): Changes-The Turkish Book Fall After the words of Erdogan

* The book lost 40% of its value since the beginning of The year

* Erdogan estimates that a tour of screws will have no effect on inflation

* The central bank lowered its key rate of 400 points since September

* a former leader of the central bank speaks of '"Irrational Experience"

by Daren Butler and Nevzat Devranoglu

Istanbul, November 23 (Reuters) - The Turkish Book Falls Tuesday by 15% in response to the new statements by President Tayyip Recep Erdogan who committed to winning his "war d Economic independence "and defended the recent declines in the Central Bank of the country, despite criticism from all sides.

Mohamed Ben Zayed, Crown Prince of the United Arab Emirates, will meet Recep Tayyip Erdogan

 Mohamed Ben Zayed, Crown Prince of the United Arab Emirates, will meet Recep Tayyip Erdogan © AFP - Hannah McKay The Crown Prince of the United Arab Emirates Mohamed Ben Zayed. This is the first time that the two leaders meet in Turkey for almost ten years. Since the Arab Spring, the two countries oppose almost all major diplomatic files in the region. with our correspondent in Dubai, Nicolas Keraudren is a pragmatic reconciliation. Although diplomatic interests between the United Arab Emirates and Turkey still diverge, the rapprochement between the two countries is very concrete.

The Turkish currency, which has lost since the beginning of the year 40% of its value, fell in session at 13.45 pounds for a dollar and treated around 13:52 GMT at 12.55. This is its eleventh consecutive day of withdrawal.

Faced with the euro, the Turkish book fell to a historic hollow at 14.6442 Tuesday.

Turkish president lobbies the central bank so that it is still moving towards an ultra-accommodating policy despite an acceleration of the depreciation of the book and an inflation of nearly 20% which weighs on the purchasing power of households. Tayyip Erdogan estimates that a drop in rates would stimulate exports, investments and employment.

"I reject the policies that will hurt our country, will weaken it, will condemn our people with unemployment, hunger and poverty," said Turkish President on Monday night at the end of a meeting of his cabinet, Believing that monetary tightening would have no effect on inflation.

Bundesbank warns against risks on German real estate market

 Bundesbank warns against risks on German real estate market The Bundesbank sees the prices for houses and apartments in Germany with increasing concerns. © Jens Kalaene / dpa central picture / dpa The Bundesbank sees the increased real estate prices in Germany with concern. "According to our calculations, residential real estate prices are 10 to 30 percent above the value justified by fundamental data.

Semih Tumen, the former Vice-Governor of the Central Bank, limited last month by Turkish President, argues for immediate return to policies to preserve the value of the book.

"This irrational experience that has no chance of succeeding must be abandoned immediately and we need to go back to quality policies that protect the value of the Turkish book and the prosperity of the Turkish people," he wrote on Twitter .

The rise in the cost of living worries

The decline in the book occurs in a recoil context in the AKP rating surveys, the ruling party, and the appeal of the opposition to legislative elections Anticipated, normally planned for 2023, while the sharp rise in the cost of living raises concerns within the population.

"Prices go too fast. I do not want to buy some products because they are too expensive," says Kaan Acar, a 28-year-old hotel, in the Kalkan seaside resort, in the south of Turkey.

8: 0! Sovereign DFB women declassize Turkey in World Cup Quali

 8: 0! Sovereign DFB women declassize Turkey in World Cup Quali already after eleven minutes was clear: For the German team could hardly go wrong on yesterday afternoon. When Lea Schüller from turn marked her second goal to 3: 0, there were no more doubts that the three points in Braunschweig would remain at the DFB selection. That at the end was a 8-0 on the scoreboard, the fact was due to the fact that the troupe of trainer Voss-Tecklenburg showed a strong second half with insatiable offensive urge.

"The fault is incumbent upon President Erdogan, the Government of the AKP and those who, for years, have closed his eyes and supported them."

Since the limogeage in March by the Turkish president of the former boss of the central bank, deemed favorable to a more restrictive monetary policy, investors seem to leave the book. The performance of Turkish Reference Obligations at 10 years exceeded 21% for the first time since the beginning of 2019.

Turkish Central Bank lowered its key rate of 100 basic points to 15% against inflation closely 20%, and announced a new relaxation of its policy.

Since September, the rates have been lowered by 400 points, a decision deemed dangerous by analysts with regard to the real yields that are negative and given the fact that virtually all other central banks have already started a screw turn or prepare to do it. (With the contribution of Ali Kucukgocmen and ECE Toksabay, Karin Strohecker and Marc Jones in London; French version Claude CHEndJOU, edited by Blandine Hénault)

In the heart of the Mediterranean, the Pope continues its call to the fraternity .
© Vatican Media / AFP has a heart of the Eastern Mediterranean, Pope Francis should renew its calls to the "Fraternity" and "dialogue" On the second day of his visit to Cyprus where he will celebrate a great mass at which thousands of people are expected.

See also