Turkey's runaway inflation problem

In the past couple years, demand has gone wild for drugs like Ozempic – and its cousins, Zepbound, Wegovy, and Mounjaro. For people who had never been able to lose weight before, suddenly the numbers on the scale were plummeting. And everybody wanted to get their hands on them. N ... Show More

Tariffs are the favorite tool of our current president, but there are lots of other ways that governments insert themselves into the free exchange of goods and services. Some of these trade barriers are so insidious and have been going on for so long that it may surprise you that ... Show More

For most Americans, we just lived through the highest period of inflation in our lives. And we are reminded of this every time we go grocery shopping. All over TikTok, tons of people have posted videos of how little they got for… $20. $40. $100. Most upsetting to us: an $8 box of ... Show More

En Turquie, l’inflation est repartie à la hausse en janvier malgré une politique hyper restrictive menée par la banque centrale depuis six mois. Après la démission surprise de sa gouverneure, annoncée à la veille du week-end, son successeur devrait poursuivre la stratégie adoptée ... Show More

A month on from the election in Turkey President Erdogan has promised to fix the economy. In this programme we find out more about Mehmet Simsek, the new finance minister, who says he'll return Turkey to rational economics and reduce inflation. We also hear from those running bus ... Show More

Turkey is suffering from an economic crisis with rampant inflation and a weakening lira. At the same time, there is a refusal by the central bank to raise interest rates. With elections due to be held next year, will the government change course? With Tanya Beckett. Producer Bob ... Show More

For two decades, President Recep Tayyip Erdogan has loomed large over Turkish politics. But skyrocketing inflation and a devastating earthquake have eroded his power and, in a presidential election over the weekend, he was forced into a runoff.Ben Hubbard, The Times’s Istanbul bu ... 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