Turkey crisis explained. The world is a complicated place.

Turkey crisis explained [3] They were mostly Syrians, [4] but also included a significant number of people from Afghanistan, Pakistan, Iraq, Nigeria How Turkey's president gained so much power. [2] When Jun 12, 2023 · Turkey has been plagued by a currency crisis and skyrocketing inflation since 2021, which economists say are the result of Erdogan’s unorthodox belief that raising interest rates will increase inflation. dollar and the euro in recent months as President Recep Tayyip Erdogan presses ahead with a widely criticized effort to cut interest rates despite surging consumer prices. Turkish aut The world is a complicated place. Constitutional order was swiftly restored on Cyprus, but Turkey never withdrew. On Sunday, a court jailed and formally charged Mayor Turkey is one of the largest economies in the world and was up until recently growing rapidly every year. More than 6 million Syrians are living as refugees in other countries and another 7. Aug 9, 2025 · Why Turkey is So Expensive Now — Lira Crash & Inflation Explained Why is Turkey so expensive in 2025? In this in-depth documentary, we reveal the real reasons behind Turkey’s economic crisis Turkey’s beleaguered currency has been plunging to all-time lows against the U. The war lasted almost 14 years and Aug 14, 2018 · The FT's Katrina Manson explains why the US has imposed sanctions on Turkey and what this means for relations between the two Nato allies. The gatherings represented significant public opposition to what participants characterized as politically motivated legal actions against İmamoğlu, who was the primary opposition Oct 8, 2025 · The crisis of the Turkish lira: Toward economic collapse or a new economic model? As with any economic or fiscal policy, Erdogan is taking a risk, betting that his vision can turn the Turkish economy around. Dec 13, 2024 · Exploring the root causes of the Syrian refugee crisis, the current situation for Syrian refugees, and how organizations like RefugePoint are making a difference. Dec 14, 2021 · Even before the pandemic, Turkey was trying to ward off financial meltdown. . Jul 18, 2024 · The Cyprus crisis caused the collapse of Greece's seven-year military dictatorship. 02M subscribers Subscribe Aug 15, 2018 · The US-Turkey trade spat, explained A battle over an American pastor is putting strain on Turkey’s economic troubles. com/2Mfz9ARThe FT's Katrina Manson explains why the US has imposed sanctions on Turkey and what this means for relations between Aug 10, 2018 · Turkey's currency, the lira, has hit record lows, creating a headache for the country's president and pushing up prices on everyday items. Protesters have Mar 27, 2025 · After Turkey's President Erdogan arrested Istanbul Mayor Ekrem Imamoglu, stocks and the national currency have plummeted. The two countries last month signed an arms deal, but tomatoes are still a thorny issue. Mar 24, 2025 · Tens of thousands of people across Turkey have been protesting against the arrest of Istanbul mayor Ekrem Imamoglu - the main political rival of President Recep Tayyip Erdogan. Read more at https://on. Jun 23, 2025 · What caused this dramatic reversal, and what does the future hold for Turkey’s economy? The Inflation Explosion and Currency Collapse At the heart of Turkey’s economic crisis is a devastating surge in inflation. 6 million Syrian refugees – more than any other country. For the average Turkish citizen, prices for everyday essentials—food, fuel, housing—have risen at an alarming rate. -----Subscribe to CNBC International: http://bit. Dec 16, 2021 · Turkey lira crisis: Older Turks see parallels with past in currency collapse Turkey no longer produces enough and is too reliant on imports and outside investment, say workers, while others back Jan 4, 2010 · The Cuban Missile crisis was a 13-day political and military standoff in October 1962 over Soviet missiles in Cuba. Apr 24, 2025 · Division of roles—or genuine divergence between the two partners? Clearly, Turkey’s political landscape is undergoing genuine transformations. ft. Below is a detailed examination of the Cyprus problem, tracing its historical The 2015 European migrant crisis was a period of significantly increased movement of refugees and migrants into Europe, mostly from the Middle East. Sep 5, 2015 · The meaning of the phrase “refugee crisis” can be hard to grasp — until you see the photographs. Tens of thousands have taken to the streets across the country, defying bans on public gatherings to voice their How Erdogan's Strategy Backfired: Turkey's Economic Crisis Explained - TLDR News TLDR News Global 872K subscribers Subscribed Mar 24, 2025 · Protests are the last thing keeping Turkey’s democracy alive America and Europe have offered President Erdogan little resistance 1 day ago · Kya Turkey ab apologize karega? Full analysis with facts – Geopolitics, Strategy, India Defence, PM Modi masterplan explained in simple Hinglish. In response, the Turkish lira fell by as much as 20 per cent against the US dollar and eventually reached an all Aug 14, 2018 · The FT's Katrina Manson explains why the US has imposed sanctions on Turkey and what this means for relations between the two Nato allies. Turkey's Aug 14, 2018 · Turkey's currency crisis explained The Turkish lira crash is threatening to turn into a debt and liquidity crisis. The crisis has accelerated as President Recep Tayyip Erdogan has doubled down on his unorthodox policies. ly/1eiWsD Imagine working 3 hours of Minimum Wage to be able to afford 1 Big Mac Meal. Our Every Global Alliance Explained poster aims to Mar 24, 2025 · Istanbul: Turkey has been plunged into a political crisis after authorities arrested Ekrem Imamoglu, the mayor of Istanbul and the top rival of President Recep Tayyip Erdogan, on accusations of Nov 24, 2021 · Turkey is facing an economic crisis after the lira extended a sharp slide this week. The Wall Street Journal's Jon Sindreu joins WSJ What's News host Peter Granitz to explain why President Erdogan Mar 24, 2025 · Turkey is witnessing its largest wave of anti-government protests in more than a decade following the arrest of Istanbul Mayor Ekrem Imamoglu, a leading opposition figure and potential challenger to incumbent President Recep Tayyip Erdogan in the 2028 presidential elections. 4 million people have been internally displaced inside the country. Jan 19, 2025 · Turkey has emerged as one of the most influential power brokers in Syria after rebels toppled Bashar al-Assad last month, ending his family's brutal five-decade rule. Turkey had remained officially neutral throughout most of the Second World War. Turkey economy crisis real hai ya hype? What's up with the crisis in Turkey, in 30 seconds: A strongly religious government has managed to keep getting elected, through relatively decent management, and a clever approach to Turkey's ethnic fault lines. Despite all these economic problems of inflation, devaluation and higher living costs, we can be surprised to see the current economic growth in Turkey as quite high. Apr 7, 2022 · Turkey should be a country with a strongly developing economy. We would like to show you a description here but the site won’t allow us. Russia and Turkey attempted to de-escalate the situation by agreeing to and implementing a buffer zone between rebel and government forces. Sep 27, 2015 · In text, video and audio, our reporters explain politics, policy, world affairs, technology, culture, science, the climate crisis, money, health and everything else that matters. Turkey received the highest number of registered refugees of any country or territory each year from 2014 to 2019, and had the world's largest refugee Mar 19, 2025 · Turkey’s lira sank, an equity selloff triggered a trading halt, and government bond yields surged to the highest levels this year as investors dumped the nation’s assets after the arrest of a Dec 9, 2024 · In the latest episode of HT In-Depth we examine the implications of Bashar Al-Assad’s ouster on the key players in the region - the U. Why is it now driving itself into a hyperinflation crisis? Nov 24, 2021 · Turkey’s reliance on imported goods, especially energy and raw materials, means a collapse in the currency translates quickly into higher prices. An estimated 1. Erdogan has exerted pressure on Turkey’s central bank to lower borrowing costs. However, while a political crisis has crystallised, it is not yet a regime crisis, and Erdoğan still possesses political, financial and repressive resources that must not be underestimated. The appointment is a sign that the longtime Turkish leader whose unconventional economic policies have been blamed for a cost-of-living crisis might change. A Syrian toddler, dead on a Turkish beach, after the boat in which his family was attempting Mar 27, 2025 · As democracy in Turkey collapses under the pressure of the escalating imperialist war and growing social inequality, a revolutionary crisis with global dimensions is developing. Mar 4, 2016 · The crisis facing the EU as migrants from the Middle East and Africa try to reach new homes in Europe, explained with charts and maps. But lingering uncertainty over Erdogan’s economic direction and an apparent move to CNBC's Hadley Gamble explains the reasons behind the attempted coup in Turkey and what comes next. Effects On Turkey’s Economy Hyperinflation has had severe consequences for Turkey: Rising Costs and Living Standards, Devaluation Of Savings & Income, and Challenges For Businesses and Investment. Aug 14, 2018 · The FT's Katrina Manson explains why the US has imposed sanctions on Turkey and what this means for relations between the two Nato allies. Turkey's interior ministry says more than a thousand people have been arrested since the start anti-government demonstrations in the country - the largest in more than a decade. Apr 10, 2025 · The jailing of Istanbul’s mayor pending his trial on corruption charges has stoked worries that President Recep Tayyip Erdogan is becoming more authoritarian in seeking to sideline a top rival. This article will explore some of the contributing factors behind the lira’s sudden depreciation and the possible effects of the crisis on Erdoğan’s Turkey. While the decreasing value Feb 1, 2024 · Why Turkey’s Economic Crisis is (Still) Getting Worse TLDR News Global 1. S. This dispute is an example of a protracted social conflict. my/youtubeENFRANCE 24 live news stream: all the latest news 24/7http://f24. Turkey hikes interest rate to 15% in Erdogan U-turn Turkey almost doubles its main rate, reversing one of President Erdogan's unorthodox economic policies. 6 days ago · Both Turkey and the Syrian government began to amass troops along the borders; Turkey reinforced its military within the province, while Syrian and Russian warplanes bombarded border towns. Jun 9, 2023 · Turkish President Recep Tayyip Erdogan appointed an internationally respected former banker as finance and treasury minister after winning reelection. The troops of Syrian President Bashar-al Assad are trying to take over the last rebel-held province, Idlib, which has become a flashpoint and it looks like Turkey is Dec 1, 2021 · Why is Turkey’s lira crashing and will currency crisis worsen? The lira lost nearly 30 percent of its value against the United States dollar in November. 15 million Syrians need aid. Jul 23, 2025 · As Türkiye’s crisis deepens, the urban middle class bears the brunt—cutting spending, shifting lifestyles, and losing faith in the system Jan 11, 2025 · Explore the Turkish economic crisis (2018–current) and its impact on politics, debt, and uncertainty in Turkey, with expert analysis and insights. Feb 4, 2024 · The world is watching closely, as Turkey’s economic crisis could have significant implications for regional stability and global security. , Iran, Russia, Israel & Turkey. Turkey is in turmoil as mass protests erupt following the arrest of Istanbul’s mayor, Ekrem Imamoglu—President Erdogan’s biggest political rival. 🇹🇷 Is Turkey on the brink of collapse? This video dives into the explosive mix of internal unrest and external pressures pushing Turkey into unprecedented Mar 26, 2025 · What to Know About the Turmoil in TurkeyWhat to Know About the Turmoil in Turkey Turkey was plunged into a political crisis after the authorities arrested Ekrem Imamoglu, mayor of Istanbul and a Turkey’s currency crisis has intensified over the last few days because of punitive tariffs announced by Donald Trump on Friday. Every country has its own interests and incentives - and as such, nations don’t always (or often get along). Nov 10, 2025 · Learn how the war in Syria began, how it impacts the region, and track the latest news with CFR’s Global Conflict Tracker. Erdogan is now desperately trying to calm the market turmoil. DW explains how the lira got to this point. Turkey hosts 3. gl/0bsAjO-- Erdogan as important to Turkey as Ataturk, and trying to shape i Mar 24, 2025 · "Once again, President Erdogan's political agenda has inflicted serious damage on Turkey's economic outlook," one analyst note read. Mar 5, 2020 · Explained: The situation at Greece’s borders What’s happening at Greece’s borders with Turkey? On 27 February 2020, Turkey announced that it would no longer stop refugees trying to cross its borders into Europe, which have been closed since 2016. Mar 4, 2024 · Inflation in Turkey surged to a 15-month high in February, surpassing expectations and fuelling fears of further rate hikes. Turkey is a strategically important country, with a large population, a dynamic economy, and a pivotal role in the Middle East and Europe. If you're American, that would be $30 for a burger, fries and a Coke. Jul 18, 2024 · Some 83% said Turkey was in an economic crisis. The Turkish Straits crisis was a Cold War –era territorial conflict between the Soviet Union and Turkey. Aug 10, 2018 · Turkey's currency, the lira, has hit record lows, creating a headache for the country's president and pushing up prices on everyday items. May 7, 2025 · There has been a surge in instability in Turkey in recent weeks as demonstrations against President Recep Tayyip Erdogan’s administration have broken out. It primarily involves tensions between Greek Cypriots and Turkish Cypriots, exacerbated by international interventions, historical grievances, and conflicting aspirations for sovereignty. Jul 18, 2016 · Analysts are concerned about what the quashed coup could mean for the country's place on the world stage. Mar 23, 2025 · Turkey Political Crisis: Thousands of people took to the streets in Turkey’s major cities on Friday (March 21) and over the weekend over the detention of Istanbul’s mayor Ekrem Imamoglu, an outspoken critic of President Recep Tayyip Erdogan. Continued inflation of the Turkish lira has caused intense and pervasive economic challenges, including rising prices for consumer goods and gas. Mar 24, 2025 · Explained: Turkey Tense As President's Main Rival Jailed, Protests Flare Up Protests in Turkey started on Wednesday after the mayor was arrested in a pre-dawn raid by hundreds of police. Subscribe to our channel! http://goo. Subscribe to France 24 now:http://f24. my/YTliveENThe Turkish lira is in melt down What is the Turkish Straits crisis? The Turkish Straits crisis was a Cold War -era territorial conflict between the Soviet Union and Turkey. Jan 12, 2025 · The Cyprus conflict, commonly referred to as the Cyprus problem, is one of the longest-standing unresolved disputes in the world. [1] It is characterized by the Turkish lira (TRY) plunging in value, high inflation, rising borrowing costs, and correspondingly rising loan defaults. Mar 20, 2025 · Erdogan’s move against main rival plunges Turkey into crisis Politicians and investors say arrest of Istanbul mayor Ekrem Imamoglu marks dangerous turning point in authoritarian slide Oct 19, 2024 · Global issues, such as rising energy costs and disruptions in supply chains, have also worsened Turkey’s inflation crisis. Apr 24, 2025 · Turkey’s economy grew 11 percent in 2021, the fastest among the G20 countries, as COVID-19-related measures were gradually relaxed in Turkey and abroad. Jun 10, 2022 · Explained: Turkey's battered economy and Erdogan's attempts to fix it In recent months the Turkish lira has begun sliding again, with the cost of living shooting up in return. Jul 20, 2022 · The lack of necessary FX resources and the government’s desire to promote growth will not only lead to a new currency crisis but a balance of payments crisis is also likely as well. Widespread protests began throughout Turkey on 19 March 2025 following the detention and arrest of Istanbul mayor Ekrem İmamoğlu and more than 100 other opposition members and protesters by Turkish authorities. The Cyprus dispute began after the Greek Cypriot community Turkey’s Economic Crisis Q: Why is Turkey suffering economically? A: As of January 22, 2022, Turkey’s Finance Minister Nureddin Nebati announced that he expects inflation to peak around 40% in the next couple of weeks. Syrian refugees at Öncüpınar Accommodation Facility The Turkish migrant crisis, sometimes referred to as the Turkish refugee crisis, [1][2][3][4] was a period during the 2010s characterised by a high number of people migrating to Turkey. The nation, which is renowned for its lengthy history and distinctive fusion of Eastern and Western cultures, has been in the epicenter of political unrest, attracting worry and attention Aug 14, 2018 · The FT's Katrina Manson explains why the US has imposed sanctions on Turkey and what this means for relations between the two Nato allies. Mar 13, 2025 · After over a decade of conflict, Syria remains one of the world’s largest refugee crises. May 11, 2023 · The recent falls in oil and gas prices have eased the crisis in Turkey, but have also made the EU’s plan to move on from Russian energy more realistic. Dec 7, 2021 · Turkey’s opposition parties have long voiced skepticism over the official inflation figures and have questioned the Turkish Statistical Institute’s independence. The rate hikes have left credit unaffordable for many, but have also left lira deposit rates attractive for those with assets. The Assad regime responded to the protests with lethal force, sparking a civil war. [a] After the war ended, Turkey was pressured by the Soviet government to institute joint military control of passage through the Turkish Straits, which connected the Black Sea to the Mediterranean. The credit rating for Turkey’s sovereign bonds is the lowest since 2002 and rating agencies’ outlook is still negative. The Turkish economic crisis (Turkish: Türkiye ekonomik krizi), also known as Great Turkish Depression, is a financial and economic crisis in Turkey. Nov 30, 2024 · Syria’s civil war is back in the spotlight after a new rebel coalition launched a surprise attack, sweeping into the country’s second largest city, Aleppo. In a tweet, the US President revealed that his administration would be hiking tariffs on Turkish steel and aluminium to 50 per cent and 20 per cent. Aug 18, 2017 · Nearly two years after Turkey downed a Russian fighter jet, relations between Ankara and Moscow are largely restored. However, the recent Turkish lira crisis indicates the opposite. 3 million people came to the continent to request asylum, [2] the most in a single year since World War II. The Cyprus problem, also known as the Cyprus conflict, Cyprus issue, Cyprus dispute, or Cyprus question, is an ongoing dispute between the Greek Cypriot and the Turkish Cypriot community in the north of the island of Cyprus, where troops of the Republic of Turkey are deployed. The devalued lira is driving prices higher, making imports, fuel and everyday goods more expensive in Turkey, which relies on imported raw material. World US-Turkey crisis explained The FT's Katrina Manson explains why the US has imposed sanctions on Turkey and what this means for relations between the two Nato allies. Emergency appeal Syria emergency An offensive by armed groups on 27 November 2024 led to the overthrow of the former government on 8 December, sparking hopes for an end to the world’s largest displacement crisis alongside uncertainty over the country’s immediate future. The Syrian civil war was an armed conflict that began with the Syrian revolution in March 2011, when popular discontent with the Ba'athist regime ruled by Bashar al-Assad triggered large-scale protests and pro-democracy rallies across Syria, as part of the wider Arab Spring. Tens of thousands Feb 19, 2020 · Syria is almost a decade into civil war, but what's happening in the country now is perhaps its biggest-ever humanitarian crisis. Jun 30, 2025 · The Syrian refugee crisis, resulting from Syria's war, is the largest refugee and displacement crisis today. umgugo rcsy snl tyjez grd vuglj cczpko cye vcnt zljc pptct qyeomel yvzadzrc gdl ync