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BBCNEWS BBC News at One December 7, 2021 13:22:00

Is furious with the president. these days, when the president utters a word about the economy, the lira nosedives. he insists that cutting interest rates will curb inflation. most experts believe the opposite. if he gets success by using this new model, i think he will get a nobel prize. this professor of finance says the president s policy is a costly mistake. i m sure that it will not work, this new model. we will lose days and days, years and years, and i am so sad ....

Erdogan Grew Up , Turkish Lira , Interest Rates , Nobel Prize ,

BBCNEWS BBC News at One December 7, 2021 13:21:00

Worst performing currencies in the world. annual inflation has reached 21%, according to official figures. some experts have blamed president erdogan, saying his economic policies are reckless. from istanbul, our international correspondent orla guerin reports. runaway inflation and a plunging currency. it s been falling so fast it s hard to keep track. for turks, the exchange rate makes painful reading. the lira doesn t go far these days. many are counting their pennies. this is kasimpasa, the istanbul neighbourhood where president erdogan grew up, traditionally one of his strongholds. yilmaz sees the prices and walks on by. he has to borrow to survive and he ....

Erdogan Grew Up , Tom Symonds , Orla Guerin , Exchange Rate , Runaway Inflation , Lira Doesnt Go , Istanbul Neighbourhood ,

BBCNEWS BBC News at One December 7, 2021 13:23:00

For the young people in turkey. they are getting more poor and they are losing all their dreams. as losses accumulate, the turkish leader has told his people not to panic. some are still putting their money on him, according to this man, a gold dealer in istanbul s grand bazaar for the past 30 years. here is what awaits those who oppose the president. a reception committee of riot police. even for demonstrations as small as this. chanting. the turkish leader is secure ....

Turkish Leader , Grand Bazaar , Erdogan Grew Up , Riot Police , Reception Committee ,

BBCNEWS BBC News December 7, 2021 14:46:15

Transcripts for BBCNEWS BBC News 20211207 14:46:15
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Er Single Word , Erdogan Grew Up , Turkish Lira , Interest Rates , Nobel Prize , Presidents Policy ,

BBCNEWS BBC News December 7, 2021 14:45:00

Of its value against the dollar this year, to become one of the worst performing currencies in the world. annual inflation has reached 21%, according to official figures. some experts have blamed president erdogan, saying his economic policies are reckless. from istanbul, our international correspondent orla guerin reports. runaway inflation and a plunging currency. it s been falling so fast it s hard to keep track. for turks, the exchange rate makes painful reading. the lira doesn t go far these days. many are counting their pennies. this is kasimpasa, the istanbul neighbourhood where president erdogan grew up, traditionally one of his strongholds. yilmaz sees the prices and walks on by. he has to borrow to survive and he is furious with the president. ....

Erdogan Grew Up , Orla Guerin , Runaway Inflation , Exchange Rate , Lira Doesn T , Istanbul Neighbourhood ,