who s based in the turkish capital, ankara. the tour, a lot ahead for president erdogan, he thinks cost of living crisis is manageable is it? that crisis is manageable - is it? that is an excellent crisis is manageable - is it? that is an excellent question, - crisis is manageable is it? twat is an excellent question, and one had so many economists across the world are wondering about, because he has pursued such unorthodox economic and monetary policies over the last several years, he has put a lot of pressure on the central bank not to raise interest rates, as most central banks usually do to combat rising prices, and that has let inflation run away. as you said, inflation run away. as you said, inflation currently at 44%, it topped out at 88.5% last year, so household is really feeling the pinch, and the question is whether president erdogan will put a team around him now who will sort of convince him that more orthodox monetary policy is the way to go. the thing is,
difficult to self but for questions and challenges ahead as he grapples to get the economy into better shape. to get the economy into better sha e. ., , to get the economy into better sha e. . , ., , , to get the economy into better shae. . , ., , , ., shape. that is right, and this is a cuestion shape. that is right, and this is a question economists shape. that is right, and this is a question economists have - shape. that is right, and this is a question economists have been l shape. that is right, and this is a - question economists have been asking for months. if he were to win another five years, what would it mean for the struggling economy? inflation tapped out at 85.5% last october. it has since come down, it is about 44% now. what is he going to do with the next five years and what is he going to do in the next days and weeks? he is almost certainly going to restructure his economic team, finance team. there is speculation about whether we will see familiar faces
at verisk maplecroft. if erdogan continues down this path of policy that he has embarked upon, do you think turkey will be defaulting on its debts any time soon? thank ou. its debts any time soon? thank yom yes. its debts any time soon? thank you. yes, well, its debts any time soon? thank you. yes, well, the its debts any time soon? thank you. yes, well, the turkish - you. yes, well, the turkish lira partly as a result of economic policies under the current turkish government has lost about 80% of its value over the past five years. and in the lead up to the election, one of the ways in which the central bank was holding it off was drawing on its foreign exchange and gold reserves. although that props up the lira it is not necessarily sustainable in the long term and if turkey is no longer able to finance imports or to service its external debt it could end up default. there are corrective actions the turkish government can take to try and hold off that risk but we have
well you can tell by the way i use my walk you may look the other way ah, ah, ah, ah staying alive how did you people get back here. come on, come on. get him out of here. thank you very much. good evening to all of you. living for my life everything a man could want to do i could never see tomorrow no one said a word about the sorrow how can you stop the rain from falling down how can you stop the sun from shining what makes the world go around mend my broken heart and let me [ cheers and applause ] i am beginning to recognize the fact that nothing is true. nothing. it s all down to perception. my immediate family is gone. but that s life. it s the same thing with every family, that someone will end up in the end. and this time in life, i have fantastic memories. but everybody s memory is different. so, they re just my memories, you know? i know that maw rhymaurice and robin would have had a different kind of memory
for many of us today it is going to be dry, sunny and warm, except across the very far north of scotland and parts of eastern england, where we hang onto more cloud. that will suppress the temperatures. details later in the programme. good morning. it s tuesday, the 30th of may. new measures to crackdown on the use of vapes by children in england, are set to be unveiled by the government. ministers have pledged to close a loophole allowing retailers to give free samples to children, and a ban on nicotine free vapes for under 18 s is also being considered. our health editor hugh pym has the details. a recent laboratory test for bbc news on illegal vapes confiscated at a school showed some had more than twice the safe amount of lead, and nine times the safe amount of nickel. the prime minister said he was shocked by this report, and said he was taking further action to clamp down on rogue firms who unlawfully target children with these products. the measures include closing a l