The Best Cyprus Community

Skip to content


Turkey Downgraded

Everything related to politics in Cyprus and the rest of the world.
Post a reply

Turkey Downgraded

Postby bill cobbett » Wed Nov 23, 2011 9:55 pm

The ratings agency Fitch has downgraded Turkey's credit rating, saying...

Turkey faces the challenge of reducing its large current account deficit and above-target inflation rate against the background of deterioration in the global economy,

More at http://www.globaltimes.cn/NEWS/tabid/99 ... raded.aspx
User avatar
bill cobbett
Leading Contributor
Leading Contributor
 
Posts: 15759
Joined: Sun Dec 17, 2006 5:20 pm
Location: Embargoed from Kyrenia by Jurkish Army and Genocided (many times) by Thieving, Brain-Washed Lordo
Top

Re: Turkey Downgraded

Postby B25 » Wed Nov 23, 2011 10:27 pm

.... And so it starts .....
User avatar
B25
Main Contributor
Main Contributor
 
Posts: 6543
Joined: Wed Sep 30, 2009 7:03 pm
Location: ** Classified **
Top

Re: Turkey Downgraded

Postby bill cobbett » Wed Nov 23, 2011 10:31 pm

B25 wrote:.... And so it starts .....


Well, apart from VP, we all knew it would start.
User avatar
bill cobbett
Leading Contributor
Leading Contributor
 
Posts: 15759
Joined: Sun Dec 17, 2006 5:20 pm
Location: Embargoed from Kyrenia by Jurkish Army and Genocided (many times) by Thieving, Brain-Washed Lordo
Top

Re: Turkey Downgraded

Postby Maximus » Wed Nov 23, 2011 11:10 pm

The Lira is approaching its yearly lows again against both the euro and the US dollar. Nothing can stop this runaway train from making new 52 week lows but this might just be the catalyst to make it happen sooner, rather than later..
Maximus
Main Contributor
Main Contributor
 
Posts: 7597
Joined: Wed Aug 10, 2011 7:23 pm
Top
Post a reply

Return to Politics and Elections

Who is online

Users browsing this forum: No registered users and 1 guest

© 2002 - 2015 Cyprus-Forum.com
powered by phpbb
Cyprus Forum RSS Feed Cyprus Forum Atom Feed