Turkey finance

Type Tantrum 2.0: Beware of TUCKANS

One year after Covid-19 pandemic, the global economy faces a growing risk of a balance of payments crisis. In fact, 2020 has already seen a record seven defaults on the sovereign debt of Argentina, Belize, Ecuador, Lebanon, Zambia and Suriname (which have defaulted twice) . In this context, any new …

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Ethereum exceeds $ 3,000

Bloomberg Wealthy Americans fleeing tax hikes could lead to a switch to ETFs (Bloomberg) – The burgeoning ETF industry may be poised to attract even more liquidity in the years to come, as wealthy Americans facing higher capital gains taxes seek to limit what they owe Uncle Sam. Compensation of …

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Count the costs of the defense failure to read it

PRED POLICE operations in Turkey are not new, but some still raise eyebrows. On April 13, under cover of darkness, police officers across the country shot down giant banners that hung from the offices of Turkey’s main opposition party, the Republican People’s Party (Cogeneration). “Where is the $ 128 billion?” …

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Turkey’s Bitcoin Skewers No More As Crypto Ban Looms

Kebab chef Kadir Öner had hoped to boost his new business by accepting payments in cryptocurrencies, but a ban by Turkish authorities will force him next month to fall back on payment methods as traditional as his spit-roasted meat. Interest in cryptocurrencies has exploded in Turkey and Öner says customers …

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