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Turkey's Foreign trade deficit soars by 79.2 percent in June

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Re: Turkey's Foreign trade deficit soars by 79.2 percent in

Postby Jerry » Sun Mar 30, 2014 12:44 am

Oh dear! An imminent economic crisis looms in Turkey. What's the betting Erdo puts up interest rates after the election.

http://www.todayszaman.com/news-343222- ... taken.html
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Re: Turkey's Foreign trade deficit soars by 79.2 percent in

Postby Maximus » Mon Apr 07, 2014 8:14 am

Turkey's foreign debt surpasses 47% of national income.

http://www.hurriyetdailynews.com/turkey ... sCatID=344
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Re: Turkey's Foreign trade deficit soars by 79.2 percent in

Postby B25 » Mon Apr 07, 2014 8:40 am

Jerry wrote:Oh dear! An imminent economic crisis looms in Turkey. What's the betting Erdo puts up interest rates after the election.

http://www.todayszaman.com/news-343222- ... taken.html


Perhaps if Erdo and all his bent ministers put in all their bribed money they have stashed at home and elsewhere the economy could go in the surplus, but alas. The sheep of Turkey just follow their corrupt leaders irrespective.
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Re: Turkey's Foreign trade deficit soars by 79.2 percent in

Postby Jerry » Tue Sep 30, 2014 10:20 pm

At last some good news for Turkey, trade deficit only 13.5%, :lol: :lol:

Turkey's foreign trade deficit for the month of August reached $8.036 billion, a 13.5 percent year-on-year increase, according to figures released by the Turkish Statistics Institute (TurkStat) on Tuesday.
http://www.todayszaman.com/business_aug ... 60315.html

Oh and Turkey's gas prices are going up 9% whilst in Europe they have fallen 22% in last two years, no wonder they are sniffing around Cyprus. The increase is to do with the drought apparently.
http://www.todayszaman.com/business_ele ... 60281.html
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Re: Turkey's Foreign trade deficit soars by 79.2 percent in

Postby Lordo » Tue Sep 30, 2014 11:03 pm

dont worry your little brained charluimmu that problem will be solved quite soon now that tanks have moved to the border.
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Re: Turkey's Foreign trade deficit soars by 79.2 percent in

Postby Kikapu » Tue Sep 30, 2014 11:28 pm

Jerry wrote:At last some good news for Turkey, trade deficit only 13.5%, :lol: :lol:

Turkey's foreign trade deficit for the month of August reached $8.036 billion, a 13.5 percent year-on-year increase, according to figures released by the Turkish Statistics Institute (TurkStat) on Tuesday.
http://www.todayszaman.com/business_aug ... 60315.html

Oh and Turkey's gas prices are going up 9% whilst in Europe they have fallen 22% in last two years, no wonder they are sniffing around Cyprus. The increase is to do with the drought apparently.
http://www.todayszaman.com/business_ele ... 60281.html


You can point the foreign trade deficit mostly on the weakening of the Turkish Lira (again) against the dollar and other major currencies. Erdogan does not understand simple economics. He wants’ to push the interests rates down artificially when the inflation is high, so he thinks he can get growth, as a result, the Turkish Lira is getting hit and loses value, which then increases cost to buy foreign goods that the Turks depend on, and what Turkey sell to the world, they get less foreign currencies for them because of the weak TL. This then creates a vicious cycle of inflation rising even further while Erdogan want to bring down interests rates for political and self ego reasons even further also and it goes on and on and on aimlessly. There's no such thing as free lunch when it comes to economics, because there's always the bill to pay, except in Turkey, so thinks Erdogan!
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Re: Turkey's Foreign trade deficit soars by 79.2 percent in

Postby Jerry » Tue Sep 30, 2014 11:45 pm

Lordo wrote:dont worry your little brained charluimmu that problem will be solved quite soon now that tanks have moved to the border.


Water tanks or gas tanks? :lol:
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Re: Turkey's Foreign trade deficit soars by 79.2 percent in

Postby Lordo » Tue Sep 30, 2014 11:53 pm

reh charlui ma galibam en ixeris dibode esuni.

as the terks are using american tanks of course its gas. despite the fact that they produce them in terkey gavole.
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Re: Turkey's Foreign trade deficit soars by 79.2 percent in

Postby kurupetos » Wed Oct 01, 2014 1:57 am

Lordo wrote:reh charlui ma galibam en ixeris dibode esuni.

as the terks are using american tanks of course its gas. despite the fact that they produce them in terkey gavole.

After a few miles they fall apart... :lol:
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Re: Turkey's Foreign trade deficit soars by 79.2 percent in

Postby Jerry » Wed Oct 01, 2014 8:45 am

Lordo wrote:reh charlui ma galibam en ixeris dibode esuni.

as the terks are using american tanks of course its gas. despite the fact that they produce them in terkey gavole.


Storage tanks - idiot. For the fuel being supplied illegally by ISIS.
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