Today's Scripture


fqhM2.gif
  
COViD-19
  


  • Active Topics  Back Forward Stop Play
The Lighthouse Christian Forum needs YOU, yes YOU, we are looking for new members to take part in this interactive and supportive forum - Unlike many Christian forums we do not spend time debating doctrines etc but exist to give believers in Yeshua (Jesus) a safe haven to share fellowship and intercede for each other. We publish devotionals daily and you are welcome to add your insights on these (Even as a guest) though posts made by non members are subject to approval before appearing on the forum. We also publish current affairs new stories in order that we can pray for the world in which we live


Registered members have access to hidden forums including Personal Prayer Requests, Personal Topics and Personal Photographs and have the ability to use the Private Message facilty

Come and be part of our forum family and support fellow belivers in their daily walk with G-d

To register Click Here

Is Turkey Heading For An Economic Crisis?

User avatar
Kefa
Posts: 35582
Joined: Mon Apr 17, 2017 11:00 pm
bible translation: COMPLETE JEWISH BIBLE
REAL NAME: Pete
Contact:

Is Turkey Heading For An Economic Crisis?

Post: # 20081Post Kefa

Is Turkey heading for an economic crisis?

By Andrew Walker BBC World Service economics correspondent

Is Turkey heading for an economic and financial crisis?

Recent developments in the country's financial markets have certainly been alarming.

The Turkish currency, the lira, has lost about 30% of its value against the US dollar since the New Year.

The stock market has fallen 17%, or if you measure it in dollars as some foreign investors would do, the decline is 40%

Another measure often watched in the markets is government borrowing costs.

Borrowing for 10 years in its own currency now costs 18% a year. Even borrowing in dollars is expensive for Turkey at a cost of around 7%.

So what is going on?
Full Story BBC News Business
Thigibh a nis le buidheachas
n a gheataibh-san a steach,
Is thigibh fòs le maladh mòr
an cùirtibh naomh a theach :
Is thugaibh dha mòr-bhuidheachas,
ainm beannaichibh gu binn.

Psalm 100: 4


"Beware of the false prophets! They come to you wearing sheep's clothing, but underneath they are hungry wolves! You will recognize them by their fruit. Can people pick grapes from thorn bushes, or figs from thistles?
Matthew 7: 15-16 Complete Jewish Bible

Dear friends, don't trust every spirit. On the contrary, test the spirits to see whether they are from God; because many false prophets have gone out into the world.1 John 4:1 Complete Jewish Bible



Return to “TURKEY”

fqRVU.gif
  
Imgzb