Turkey’s inflation soars to 36% as Erdogan stays the course
05 January 2022 |
10:19 am
Inflation in Turkey has soared to its highest level in nearly two decades. Despite the 36% surge in consumer prices, President Recep Tayyip Erdogan has defended his unorthodox economic vision. France 24 Correspondent Jasper Mortimer has the latest from Ankara. Also in the show - the French government expands emergency support for businesses affected by the pandemic, and Apple becomes the first US company to be worth $3 trillion.
Related
19 May
British inflation surged last month to its highest annual rate since 1982, piling pressure on finance minister Rishi Sunak to step up his help for households facing a worsening cost-of-living crisis.
29 May
31 May
Prices in Germany have increased by 7.9% this month, the highest amount since reunification.
31 May
Human rights defenders won the case, and Turkey was asked to pay costs and damages for detaining the head of Amnesty International's chapter in the country.
1 Jun
Inflation in the eurozone has hit another record high, as the war in Ukraine stokes energy and food prices. Prices had already been increasing because of supply chain problems in the wake of the coronavirus pandemic.
31 May
French inflation comes in higher than expected at 5.2 percent at May, with consumer prices also on the rise across the continent, driven by skyrocketing food and fuel costs. We take a closer look at how French consumers are looking for discounts in supermarkets. Also, we see how the fashion industry's sustainability efforts continue to fall short.
11 Jun
A new bill, if approved, is expected to bring further restrictions on online freedom of expression and media freedom in Turkey.
5 Jun
The German government is supporting Ukraine, battling inflation, and combatting climate change. A monthly survey has asked voters how they rate the efforts.
12 Jun
The European Central Bank has left the interest rate unchanged but indicated that it will rise in July — the first hike since 2011. It is also halting a program which ultimately amounts to printing electronic money.
ISWAP behind Owo Church Attack – National Security Council, Ghana’s inflation surges to 18-year peak
9 Jun
Find these stories and much more when you grab a copy of The Guardian on Friday.
11 Jun
Germany's Bundesbank has predicted annual inflation of 7.1% as prices spiral upward. The central bank also cut its economic growth forecast, warning that the situation could get worse depending on the war in Ukraine.
Latest
1 day ago
A Shanghai court said the billionaire, who had not been seen in public since 2017, was sentenced and his investment firm was fined for embezzlement and bribery.
1 day ago
A German former world-class high diver has said he was sexually abused by his coach over a period of several years. Jan Hempel said the abuse continued even after he had informed the national swimming federation.
1 day ago
Kenya's presidential election results came down to a knife-edge, and may be contested. But winner Ruto says "there is no room for vengance."
1 day ago
Mona Magdy, a popular Sudanese singer, has not stopped performing in concerts despite undergoing treatment for stage 2 breast cancer.
1 day ago
A small group of women rallied in the Afghan capital for the first time in months, demanding a return of their freedoms, after the Taliban reneged on promises to maintain the marginal gains women made in recent years.
1 day ago
The Chinese military responded to US House Speaker Nancy Pelosi's visit to Taiwan by launching a series of drills after she left. The drills have not just caused political tensions. They have also impacted everyday life along the Taiwanese shoreline.