June 2023
June 23, 2023
Free Fall of the Turkish Lira; 15% Interest Rate Increase Proves Ineffective
The Turkish lira fell by 3.3% to its lowest value after the central bank raised interest rates to 15%, a move analysts deemed insufficient. This…
June 3, 2023
Erdogan at the Inauguration Ceremony: I Will Defend Turkey's 'Existence and Independence'
Recep Tayyip Erdogan was sworn in for a new term as Turkey's President, vowing to defend the country's independence amid a challenging economic climate. His…