Is Turkey heading for an economic meltdown?

In September, Morocco’s citizens will go to the polls for the country’s general election. Morocco is a constitutional monarchy, with a multi-party-political system. A new head of government will be appointed by King Mohammed VI, from the winning party, to form a ruling coalition. ...  Show more

The House of Representatives has voted to make daylight saving time permanent in the United States. If the measure is approved by the Senate and becomes law, most Americans would no longer spring forward in March or fall back in November.For more than a century, changing the cloc ...  Show more

Turkey's economy faces severe inflation and a 96% devaluation of the Lira. Despite recent interest rate hikes, stabilization remains elusive. Will Turkey overcome its economic challenges, or is it too late? Discover the unfolding story! Learn more about your ad choices. Visit meg ...  Show more

The official inflation rate in Turkey is above 21% and the value of the lira has plunged by nearly half this year. Victoria Craig hears from families, students and workers about what a currency crisis, fueling red-hot inflation, feels like to live through. (Picture Description: T ...  Show more

Turkey's currency has been in free fall this week, reaching a record low against the US dollar. The Lira's collapse has been sparked, in part, by President Recep Tayyip Erdogan doubling down on his controversial economic policies, such as demanding that the central bank cut inter ...  Show more

What is it like to spend years saving up your money, and then watch as its value rapidly declines? Or to have a pension which no longer pays for even your basic needs? Inflation in Turkey is soaring, with some estimates putting the annual rate at fifty percent. The Covid pandemic ...  Show more