Cyprus-Forum.com

[repulsewarrior]

...good to hear from you erolz.

...indeed, Rolls Royce; when you look at it that way.

[erolz66]

https://www.rolls-royce.com/innovation/ ... ors.aspx#/

[Kikapu]

rr.JPG

Are a possible steal right now but I don't do shares. Ill stick with what I know.

The problem with RR for the last 2 years have had many "dead cat bounces" enticing the reckless to jump in with both feet to find out they were jumping into quicksand instead. I do like their long term innovative prospects however and it may be worth taking a punt with them if I was willing to wait for 10 years to get a good return. Yes, possibly!

[repulsewarrior]

rr.JPG

Are a possible steal right now but I don't do shares. Ill stick with what I know.

The problem with RR for the last 2 years have had many "dead cat bounces" enticing the reckless to jump in with both feet to find out they were jumping into quicksand instead. I do like their long term innovative prospects however and it may be worth taking a punt with them if I was willing to wait for 10 years to get a good return. Yes, possibly!

https://www.rolls-royce.com/innovation/ ... ors.aspx#/

...indeed such research is very exciting; there is leadership across the globe. China leads, having the infrastructure such plants need as well.

[Maximus]

Precious metals mate, look at precious metals.

Rolls Royce needs them as well.

[repulsewarrior]

...we have seen this before; money which appears out of nowhere: the shoe boxes i think, that's how much there is.

In the four and a half years from 2018 through the first half of 2022, inflows of unknown origin became the main means of financing a current account deficit totaling some $98 billion, official data show. Such inflows covered 45% of the gap, while the share of coverage of incoming foreign funds dropped to 23.5%. The remaining shortfall was met at the expense of burning through $31.5 billion in central bank reserves. Consequently, the lira lost 68% of its value in the same period. The price of the dollar averaged over 15 liras in the first half of 2022, up from 4.8 liras in 2018.

Read more: https://www.al-monitor.com/originals/20 ... z7cAFTSrVy

[repulsewarrior]

https://www.reuters.com/world/middle-ea ... 022-08-18/

ANKARA, Aug 18 (Reuters) - Turkey's central bank said on Thursday it delivered a surprise interest rate cut to drive economic growth and sustain employment amid growing geopolitical risk, adding rising loan rates have diminished effectiveness of monetary policy.

Even as inflation rose to nearly 80% in July, the bank slashed its key rate to 13% from 14%.

[Maximus]

Genius, keep doing the same thing but expect a different result.

[repulsewarrior]

...on Turkey



...lots of charts, lots of interesting information to digest.

[Maximus]

Wretched tyrant endorgan really wants to pulverize the people some more doesn't he.

While other major central banks are raising interest rates to slow down inflation, he wants to accelerate it and narrow the interest rate differential between major currencies some more. His puppet reduced interest rates by another 1% today and the TL was already making new all time lows against the Dollar the other day.

The man is beyond help and so are the people that continue to support him.