Cyprus-Forum.com

[Kikapu]

The below report in layman’s terms means that Turkey has been treading water for the last 27 years, just enough to keep her neck above the water and not sink!

Can Turkey keep the water treading going much longer?

Turkey’s share of world economy unchanged for 27 years
March 01, 2015, Sunday/ 15:22:22/ TODAY'S ZAMAN / ISTANBUL

In spite of the fact that Turkey has nearly tripled its gross domestic product (GDP) in the last decade, its share of the world economy has shown almost no improvement, remaining at approximately 1.41 percent since 1987, International Monetary Fund (IMF) data reveal, indicating that the Turkish economy fell short of the growth rates achieved in other emerging markets in recent years.

According to IMF figures, Turkey's share of global output, calculated in dollar terms, was 1.409 percent in 1987. The corresponding figure stood at 1.413 percent in 2014, despite the rapid growth rates seen in Turkey in recent years.

http://www.todayszaman.com/business_tur ... 73978.html

[Lordo]

you two is like two peas in a pod. shame about the dinner, i will have to return the tuxedo back. as if i would even consider spending and evening from the swines on this forum.

[Lordo]

what is really interesting is that fact that since you started this thread, griis and groc have gone to the dogs and terggy is still standing.

what a plonker you turned out to be hey.

The average Greek and Cypriot still earns more than the average Turk and Northern Turkish republican though.

Turkey will have another currency crisis soon.

you keep looking at earning alone, perhaps compare your spendings in comparisson you simpleton.



as to Kurus dogs he cant see, try not blinking when you are looking in the mirror reh vromoshille.

[Jerry]

who said anything about you starting this thread, how bloody self centred are you ffs.

In the same way you are now addressing the above post to me without mentioning my nick, in the same way you did previously stating that I had started this thread and also calling me a "plonker".

Are you now saying Jerry is the "plonker"?

If so, he is really not going to invite you for dinner now.

I'll treat him to a large doner, hot and rotating on a spit up his gollos.

[kurupetos]

you two is like two peas in a pod. shame about the dinner, i will have to return the tuxedo back. as if i would even consider spending and evening from the swines on this forum.

You in a tuxedo?

[kurupetos]

what is really interesting is that fact that since you started this thread, griis and groc have gone to the dogs and terggy is still standing.

what a plonker you turned out to be hey.

The average Greek and Cypriot still earns more than the average Turk and Northern Turkish republican though.

Turkey will have another currency crisis soon.

you keep looking at earning alone, perhaps compare your spendings in comparisson you simpleton.



as to Kurus dogs he cant see, try not blinking when you are looking in the mirror reh vromoshille.

That doesn't make sense, but it's funny.

[Lordo]

who said anything about you starting this thread, how bloody self centred are you ffs.

In the same way you are now addressing the above post to me without mentioning my nick, in the same way you did previously stating that I had started this thread and also calling me a "plonker".

Are you now saying Jerry is the "plonker"?

If so, he is really not going to invite you for dinner now.

I'll treat him to a large doner, hot and rotating on a spit up his gollos.

some plonkers are born and others are self made.

[Kikapu]

Oh dear dear. More bad news on Turkey's economy.

Imagine what the "miserable" numbers would be for Turkey if they used Turkey's true uneployment rate, which is around 35%-40% since most women do not work or have ever worked and are not counted.

Turkey among top ten ‘miserable' economies

Turkey is among the world's 10 most miserable economies, according to a Bloomberg survey data released on Tuesday.

Bloomberg has analyzed the economic situation in 51 countries and believes that Venezuela, Argentina, South Africa, Ukraine and Greece are "the five most painful economies in which to live and work." Bloomberg said its so-called “misery index” is "a simple equation: unemployment rate + change in the consumer price index = misery." Turkish unemployment was 10.7 percent in November, a near four-year high. Turkish joblessness persistently remained in double digits for much of last year. Moreover, the rate of unregistered employment was 33.9 percent, meaning that one in every three people employed in Turkey are working without social security benefits.

Inflation in Turkey rose to 7.55 percent in February from 7.24 percent in January, remaining significantly above the central bank's target. To make things even worse, the strength of the dollar and political pressure on the central bank pushed the Turkish lira to a historic low of 2.56 against the US dollar on Wednesday.

http://www.todayszaman.com/business_lir ... 74267.html

[Kikapu]

It is said, that a picture is worth a thousand words, unless you are talking about a picture of Turkish officials in charge of the economy, in which case, it is worth a million words!

Look at the picture below. Are these the faces of Turkish officials in charge of the economy who can inspire confidence to foreign investors?

Not bloody likely. Who are they trying to kid?

Well, maybe Lordo?

Turkish prime minister in New York quest to soothe investor concerns

Concerned faces....jpg

Prime Minister Ahmet Davutoğlu has sought to reassure some of the world’s leading investors about political and economic stability in Turkey during his meetings in New York. His bid to brush off escalating concerns about the investment climate in Turkey follows a series of increasingly strident remarks from President Recep Tayyip Erdoğan about the Central Bank’s policies.

“Turkey is an island of stability,” Davutoğlu told a group of investors and bankers during a luncheon organized by Goldman Sachs on March 4, as part of his New York visit accompanied by Turkey’s top economy officials, Deputy Prime Minister Ali Babacan, Finance Minister Mehmet Şimşek and Economy Minister Nihat Zeybekci.

The delegation, which also includes Istanbul Mayor Kadir Topbaş and Foreign Ministry Undersecretary Feridun Sinirlioğlu, held separate meetings with Citi and Bank of America Merrill Lynch.

http://www.hurriyetdailynews.com/turkis ... sCatID=344

[Lordo]

shove this in your pipe and smoke it.

http://www.army-technology.com/features/featureturkeys-formidable-defence-industry-rising-star-or-natos-unruly-ally-4207115/