Cyprus-Forum.com

[B25]

Had that yesterday with loukanika too. Hmmm.

[humanist]

I have a question

Does Turkey's down grading mean that the 'trnc" will get less money from Turkey in order to exist?

[bill cobbett]

I have a question

Does Turkey's down grading mean that the 'trnc" will get less money from Turkey in order to exist?

Not necessarily, but it does mean that Turkey's borrowings in the markets gets more expensive.

[B25]

Turkey is a whore, for as long as she has her sugar daddy (aka USA) providing for her, she's ok. Once her sugar daddy (aka USA, aka Pimp) stop supporting her, thats when the walls will come tumbling down.

[bill cobbett]

Oh dear! ... New Turkish Lira slumps by 1% in a single day today against the US Dollar and by 1.1% against GB Sterling.

Wonder how Mad Dog will react to the news...???

[kurupetos]

Oh dear! ... New Turkish Lira slumps by 1% in a single day today against the US Dollar and by 1.1% against GB Sterling.

Wonder how Mad Dog will react to the news...???

They will soon need a new new TL.

[repulsewarrior]

...will he change Turkey's name, like he plans to change the name of the other failed "state" he's in charge for?

[bill cobbett]

Further slumps in the New Turkish Lira.

So far today down by 1.45% against the USD and 1.47% down against GBP.

[GreekIslandGirl]

I'm wishing and wishing and wishing!

[repulsewarrior]

http://www.bloomberg.com/news/articles/2016-09-23/turkey-cut-to-junk-as-moody-s-concludes-its-post-coup-review

Turkey Cut to Junk as Moody’s Concludes Its Post-Coup Review

...Erdogan is not worried.