Turkey’s inflation rate soars to 49% as Erdogan defends policy
05 February 2022 |
2:05 pm
Inflation in Turkey has soared to nearly 49 percent - the highest level in two decades. It's another sign that President Recep Tayyip Erdogan's unorthodox monetary policy may not be bearing fruit. Also in the show: as energy prices surge, British authorities unveil more financial aid for electricity bills, and Facebook shares plunge as it reports a drop in user numbers for the first time.
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TikTok lives, digital gifts, PayPal and cryptocurrency deposits are some of the main methods used by scammers that claim to raise money for survivors of the earthquakes in Turkey and Syria. In this edition of Truth and Fake, we go through the donation scams to look out for.
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The number of countries present on the ground in Turkey is going down as humanitarian aid takes over from search and rescue missions. One of the main priorities now is providing medical assistance to alleviate, and at times even replace, Turkish hospital services that cannot face the crisis on their own, given that many health centers are damaged or even destroyed.
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Survivors of Turkey's devastating earthquake are criticizing the government for a lack of sanitary facilities in the affected region. Emergency services say infectious diseases are on the rise.
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Southeastern Turkey experienced its fourth earthquake in three weeks Monday. The 5.6 magnitude event toppled several buildings and killed at least one person. Rescue efforts are ongoing.
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Turkey has agreed to discuss Sweden and Finland's membership bid with NATO. The two countries decided to join the security alliance after Russia invaded Ukraine on 24 February. Negotiations began last June, but were called off in January.
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Recep Tayyip Erdogan has been facing growing criticism over his response to his country's earthquake disaster. It comes at a time when he's gearing up for a re-election campaign, but now doubts are being cast on whether the vote will take place in May as expected.
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Several earthquakes shook southern Turkey and northern Syria on February 6. The humanitarian, political and social aftershocks have been devastating in both countries.
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EU cohesion policy puts a lot of emphasis on economic development, but it also makes sure that environmental criteria are at the forefront of new economic projects. So how does it work? We tell you more in this edition of Fact or Fake.
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It's been a month since two devastating earthquakes hit Turkey and Syria, killing more than 50,000 people. Many hospitals and clinics in Turkey are full of injured patients, while other facilities are heavily damaged, making it difficult to provide much-needed routine medical treatment to other residents.
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The United Nations has recently announced that the costs of damages caused by the earthquake that hit Turkey in early February are estimated to surpass the $100 billion mark.
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One month after a powerful quake devastated parts of Turkey and Syria, hundreds of thousands of people still need adequate shelter and sanitation, and an appeal for $1 billion to assist survivors is only 10% funded, hampering efforts to tackle the humanitarian crisis, a United Nations official said Monday.
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New talks at NATO headquarters have not broken the deadlock. Turkish objections to Sweden's and Finland's bid to join NATO still stand. Meanwhile, officials and experts question Ankara's dedication to the alliance.
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