Turkey: Hyperinflation And Mass-Migration Crisis Inevitable

With the climate crisis building, interest in mass-timber construction grows not just in the Northwest, but across the country......»»

Authored by Giulio Meotti via The Gatestone Institute, Unfortunately, the European mindset refuses to face the reality, as if the challenge is too severe to be addressed. "The conference took place.....»»

A week after several international border bridges between the United States and Mexico had to be closed because of the migration crisis, U.S. officials announced migrant border arrests fell 28 percent in June. read more.....»»

Turkish President Recep Tayyip Erdogan’s decision over the weekend to oust the country’s top central banker might make U.S. President Donald Trump jealous, but it runs the risk of sending Turkey into a full-blown currency crisis, analysts said Monday......»»

According to Zimbabwe's President Emmerson Mnangagwa, the reintroduction of the Zimbabwean dollar (which was officially abandoned a decade ago), the banning of the use of other international currencies, and the resulting hyperinflation (analysts a.....»»

More than four and a half million people are unemployed in Turkey, where the official jobless rate stands above 14 percent, the highest in nearly a decade......»»

When the average American thinks about Guatemala, Honduras and El Salvador, their ini.....»»

Ah, the joys of socialism. Amidst a growing political and economic crisis, 4 million citizens have now fled Venezuela. According to a new report by the UN Refugee Agency and the International Organization for Migration, the pace at which citizens are le.....»»

Warren Buffett was asked by the Financial Crisis Inquiry Commission in 2010 how housing prices got so detached from reality. "That was a mass delusion," he explained, "reinforced by rapidly rising... To view the full story, click the title link......»»

Venezuela's government has made a rare acknowledgement of the severity of the country's economic crisis by publishing the first economic data in nearly four years showing a severe contraction and soaring hyperinflation......»»

What do you do if you have borderline hyperinflation coupled with accelerating capital flight and a collapse of international confidence in your country's institutions? In Turkey, the answer is apparently to cut rates. That's wh.....»»

Turkey's plan to clean up some $13 billion in bad energy loans, one of the worst hangovers from last year's currency crisis, is taking shape even as some banks hold out for the government to agree to safeguards and higher electricity prices......»»

Over the past few days, many investors have asked why, with its currency in freefall again as its reserves evaporate, did Turkey take the drastic measure of sending its overnight swap rate above 1,000% in a clear attempt to crush the shorts. The.....»»

Polls suggest Turkish President Erdogan could be de.....»»

While not exactly a surprise after its currency tumbled in 2018 as inflation soared, interest rates jumped, credit collapsed and the country was briefly targeted by US sanctions, overnight Turkey reported that i.....»»

Via Oriental Review, There is a dual Italian crisis brewing in the European Union. On the one hand, it is a political, or even geopolitical, crisis. Italy is undermining the unity of the European Union; blocking the EU’.....»»

High Taxed Blue State’s Triggers Migrations to Low Taxed Red States A provision within President Trump’s new tax law will induce a mass migration from high-tax blue states to low-tax red states, a “change could be go.....»»

America doesn’t have a gun problem. It’s enduring a crisis of inappropriately treated mental illness that began decades ago but has worsened in recent years......»»

Reuters Greece and Turkey have long had a contentious relationship, but recent events have led some analysts to believe that the two NATO allied may be inching closer to .....»»

The Turkish lira has weakened against the dollar and gone beyond 4.5 for the first time, indicating remedial measures by the central bank. How is TUR placed? From being an emerging market with thriving investment opp.....»»