Is Turkey heading for an economic meltdown?

In January 2027, a new Secretary-General will take the helm of the United Nations, an organisation founded on the principle of international cooperation. The role will involve navigating tensions between its most powerful members, while ensuring the UN can respond to global crise ...  Show more

For decades Russia and Japan have been locked in a dispute over the Kuril Islands, which sit between Hokkaido in Northern Japan and Russia’s Kamchatka Peninsula. At the end of World War Two, the island chain was annexed by the Soviet Union, who deported around 17,000 Japanese res ...  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