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Turkey's Erdogan fires statistics chief after inflation data shows 19-year high

Turkish President Recep Tayyip Erdogan has sacked the head of the state statistics agency, according to a decree published Saturday, after releasing data… ....

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Desperate Turks embrace cryptocurrency abandoning worthless Lira

New Delhi, Feb 7: As Turkey s inflation hit 48.69 per cent in January amid the dramatic fall in the value of its currency, lira, desperate and helpless citizens are now switching to crypto currencies.According to reports, the daily trading in . ....

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Can tourism ease the inflation pressure in Turkey?

A mix of soaring inflation and a currency that's lost nearly half its value has created a cost of living crisis in the country. Inflation surged to 48.7% in January, after reaching 36% in December.  But some economists think th ....

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Abandoning Lira, helpless Turks swtich to Cryptocurrency

According to reports, the daily trading in cryptocurrency in Turkey is more than 1 million, even as the Recep Tayyip Erdogan government is yet to thrash out a clear policy on the same. ....

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When your number's up: Bloodbath intensifies for statisticians for being bearers of bad news

When your number's up: Bloodbath intensifies for statisticians for being bearers of bad news
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