this post was submitted on 10 Jan 2024
130 points (99.2% liked)

World News

38977 readers
2518 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] autotldr@lemmings.world 10 points 10 months ago (1 children)

This is the best summary I could come up with:


So says Hafize Gaye Erkan, the new head of Turkey's central bank who, in an interview with Turkish media, slammed Istanbul's skyrocketing rent prices.

Many Turks have taken to social media, seemingly incredulous that even the 44-year-old governor, who previously worked at financial firms including Goldman Sachs and First Republic Bank, cannot afford her rent.

Unfortunately, it's not a new issue: Sema Dumanli, associate professor at Turkey's top-ranking Bogazici University, highlighted the problem more than a year ago by sharing the rental price of a flat in Istanbul (€1,094) and her payslip (€897) on social media.

"Turkey has no choice but to return to a rational basis," the country's Finance Minister Mehmet Şimşek said at a handover ceremony with his predecessor Nureddin Nebati in early June.

"Transparency, consistency, predictability and compliance with international norms will be our basic principles in achieving the goal of raising social welfare", he added, signalling an intention to move away from the government's previous volatile strategies.

President Recep Tayyip Erdoğan had long argued that lowering interest rates helped fight inflation, in direct contrast to mainstream expert views.


The original article contains 1,421 words, the summary contains 182 words. Saved 87%. I'm a bot and I'm open source!

[–] Ludz@lemmy.ml 2 points 10 months ago