Why is the lira shaking Turkey?
Protests of various forms in the major cities of Turkey are not spontaneous. For many years, the system of one single-party government (since 2002) should be considered a definite reaction of the people to a monotonous political system. But I will not talk about the political aspects of the issue but my views on its economic roots.Turkey's national currency is rapidly depreciating. If last month it cost 9.8 liras to buy $ 1, now it costs 16.4 lir...
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- Great East
- 22 December 2021 15:00
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- Social
- 22 December 2021 15:25
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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