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When in crisis both Turkey and Venezuela believe “Digital economy can help ‘break the privilege of some currencies’…

Venezuela has already started its not much reliable cryptocurrency, Turkey has no plans for that yet…
The privilege of some currencies can be cut by utilizing the tools of digital economy, Turkish Technology and Industry Minister Mustafa Varank said on Aug. 24.
Credit rating agency Moody’s has downgraded 20 financial institutions and banks in Turkey. The Central Bank has responded to it.
Reuters – Reuters Editorial – Aug 28, 4:57 AM

AZAZ, Syria (Reuters) – In a part of northern Syria that Turkey’s army helped rebels capture in 2016, the plunge in value of the Turkish lira has hit shopkeepers, medical charities and fighters paid in the currency hard. Turkey has turned from its…

 

 

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