Stay updated with breaking news from Cassette player. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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 thi ....
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 ....
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 w ....
[sirens] [applause] good evening to all of you. [applause] [applause] i am beginning to recognize the fact that nothing is true. nothing. it is all down to perception. my immediate family is gone, but that is life. it s the same thing with every family, that somebody will be left 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 morris and robin would ve had a different kind of memory. i remember barry saying that when they were going to be really famous. and we said oh yeah, he s a big brother, you know? we kind of saw ourselves as triplets, rather than me and maurice being twins. where the same polls growing up, then it became impossible to see each other as normal brothers. my night christmas there was an acoustic guitar at the end of my bed, and robin and morris started to collaborate and producing with me. we started doing gigs as a teenage act. ....
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 ....