This used to be called wild capitalism: “‘It hurts only the poor’: Turkey’s finance minister defends ‘high growth-high inflation’ policies”

Turkish lira hits lowest level since December

The dollar/lira exchange rate has surpassed 16.70 for the first time since December 20. As the lira continues to tank,


‘It hurts only the poor’: Turkey’s finance minister defends ‘high growth-high inflation’ policies

Admitting that the government could have raised the interest rates to curb the inflation, Minister Nebati has unintentionally

Turkey’s annual inflation soars to 24-year high of 73% – Reuters

ISTANBUL, June 3 (Reuters) – Turkey’s annual inflation rate jumped to a 24-year high of 73.5% in May, according to data on Friday,

The announcement comes amid financial and social upheaval in Turkey

Originally published on Global Voices

Photo by Niketh Vellanki on Unsplash

As part of its national space program, Turkey’s President Recep Tayyip Erdoğan unveiled plans to have its citizens serve aboard the International Space Station. On May 24, the Directorate of Communication published a presidential circular on the “National Space Program Strategy Document.” The eight-year strategic plan prepared by the Turkish Space Agency will serve as a roadmap for “coordinating Turkey’s vision, strategy, goals, and projects in the field of space policies.”

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