Saturday, December 18, 2021

Erdogan's unorthodoxy leaves Turks in the literal cold - Asia Times

Erdogan’s unorthodoxy leaves Turks in the literal cold Turkish leader’s monetary policies have caused a currency crisis and runaway inflation that has skyrocketed rents by as much as 290% By JONATHAN GORVETT DECEMBER 18, 2021 The Turkish lira is collapsing while inflation is surging. Image: Twitter On December 15, one of the more telling twists in Turkey’s current currency crisis occurred, far from the boardroom of the country’s beleaguered central bank. In Idlib – the last stronghold of Syria’s anti-Assad opposition – one of the most powerful armed factions running the Turkey-backed enclave, Hayat Tahrir Al-Sham (HTS), made a brief announcement. More:Erdogan's unorthodoxy leaves Turks in the literal cold - Asia Times