The Best Cyprus Community

Skip to content


Turkey's Foreign trade deficit soars by 79.2 percent in June

How can we solve it? (keep it civilized)

Re: Turkey's Foreign trade deficit soars by 79.2 percent in

Postby Kikapu » Thu Jul 19, 2012 6:39 pm

repulsewarrior wrote:
Viewpoint wrote:All you doom and gloom merchants have been proven totally wrong Turkey is still standing yet Greece the cradle of democracy as you claim has gone down the drain.


...do you realise the irony in what you are saying?


He doesn't know what he is saying, which is his problem as always. :lol:

I didn't know there isn't Democracy in Greece any longer! :lol:

Twit! :D
User avatar
Kikapu
Leading Contributor
Leading Contributor
 
Posts: 17978
Joined: Sun Apr 16, 2006 6:18 pm

Re: Turkey's Foreign trade deficit soars by 79.2 percent in

Postby Jerry » Tue Oct 02, 2012 12:19 pm

It looks like Erdo is manipulating the Turkish economy in order to advance his own political ambitions; will Turkey ultimately go the same way as Greece?

Elections and a swelling budget in Turkey

“But here is the catch. The government does not earn much money from the exports as it has been subsidizing them to some extent by providing rebates, but collects huge levies from imported goods in terms of sales taxes and other fees. While Turkey is reducing the current account deficit (CAD), a chronic structural problem for Turkey, it is also reducing the cash it deposits in state coffers. In other words, the budget deficit is swelling…. “

“Erdoğan also failed on Sunday to cite the AK Party government's failure to address structural problems in the CAD…. “

“It says a lot that on the same day that he delivered his much-anticipated speech, the government hiked utility prices (electric and natural gas) as much as 10 percent…. “

http://www.todayszaman.com/columnist-29 ... urkey.html

There’s an enlightened comment at the end.
Jerry
Main Contributor
Main Contributor
 
Posts: 4729
Joined: Mon May 29, 2006 12:29 pm
Location: UK

Re: Turkey's Foreign trade deficit soars by 79.2 percent in

Postby Viewpoint » Tue Oct 02, 2012 1:10 pm

And the commentary on Greece???
User avatar
Viewpoint
Leading Contributor
Leading Contributor
 
Posts: 25214
Joined: Sun Feb 20, 2005 2:48 pm
Location: Nicosia/Lefkosa

Re: Turkey's Foreign trade deficit soars by 79.2 percent in

Postby Kikapu » Tue Oct 02, 2012 6:00 pm

Viewpoint wrote:And the commentary on Greece???


Yeah, Greece has the EU members to lend a hand in time of need. Actually, a very BIG hand, and in time, the dust will settle in Greece and the EU and things will return to normal as possible. But who is going to give a hand to Turkey, other than the IMF under their own conditions. The only thing the EU is going to give Turkey, is the middle finger! :wink:
User avatar
Kikapu
Leading Contributor
Leading Contributor
 
Posts: 17978
Joined: Sun Apr 16, 2006 6:18 pm

Re: Turkey's Foreign trade deficit soars by 79.2 percent in

Postby Viewpoint » Tue Oct 02, 2012 9:58 pm

Kikapu wrote:
Viewpoint wrote:And the commentary on Greece???


Yeah, Greece has the EU members to lend a hand in time of need. Actually, a very BIG hand, and in time, the dust will settle in Greece and the EU and things will return to normal as possible. But who is going to give a hand to Turkey, other than the IMF under their own conditions. The only thing the EU is going to give Turkey, is the middle finger! :wink:


Your opinions dont count as you have been a doom and gloom merchant for years and Turkey is still standing stronger than ever.
User avatar
Viewpoint
Leading Contributor
Leading Contributor
 
Posts: 25214
Joined: Sun Feb 20, 2005 2:48 pm
Location: Nicosia/Lefkosa

Re: Turkey's Foreign trade deficit soars by 79.2 percent in

Postby Kikapu » Tue Oct 02, 2012 10:07 pm

Viewpoint wrote:
Kikapu wrote:
Viewpoint wrote:And the commentary on Greece???


Yeah, Greece has the EU members to lend a hand in time of need. Actually, a very BIG hand, and in time, the dust will settle in Greece and the EU and things will return to normal as possible. But who is going to give a hand to Turkey, other than the IMF under their own conditions. The only thing the EU is going to give Turkey, is the middle finger! :wink:


Your opinions dont count as you have been a doom and gloom merchant for years and Turkey is still standing stronger than ever.


:lol: :lol: :lol:

Tick Tock, Tick Tock, Tick Tock, Tick Tock....................
User avatar
Kikapu
Leading Contributor
Leading Contributor
 
Posts: 17978
Joined: Sun Apr 16, 2006 6:18 pm

Re: Turkey's Foreign trade deficit soars by 79.2 percent in

Postby Get Real! » Tue Oct 02, 2012 10:16 pm

Jerry wrote:It looks like Erdo is manipulating the Turkish economy in order to advance his own political ambitions;

That may well be the only European standard he adheres to! :?
User avatar
Get Real!
Forum Addict
Forum Addict
 
Posts: 48333
Joined: Mon Feb 26, 2007 12:25 am
Location: Nicosia

Re: Turkey's Foreign trade deficit soars by 79.2 percent in

Postby Kikapu » Sat Sep 14, 2013 12:03 am

Kikapu wrote:I have been meaning to make few comments on the new Turkish Lira symbol, but just did not have the time, therefore I will say a few words now.

Here is the new TL symbol

TL sign.jpg


Here are some of the comments made by the Turkish officials and a journalist, a journalist who does not posses any Journalistic Integrity in his writing on many topics, including this one. I guess he does not want to be labelled a "terrorist" and jailed for critizing the new TL symbol too much. I will do it for him.

Lira’s symbol reflects power of economy, Erdoğan says

The government has revealed the new currency symbol of the Turkish Lira. This is a signal of ‘power, prestige and independence,’ says Prime Minister Erdoğan. A new symbol was needed to solidify the lira’s prestige, the Central Bank governor adds

“The new icon resembles an anchor, which emphasizes that the lira has become a safe investment haven,” said Başçı, adding that the parallel lines of the new design faced upward, which symbolized the steadily increasing value of the lira and the Turkish economy.

http://www.hurriyetdailynews.com/liras- ... sCatID=346


Creating a symbol is not a job for an amateur

MEHMET ALİ BİRAND
[email protected]

The new symbol for the Turkish Lira has been finalized and accepted and has entered our lives. Anything new at first receives a critical eye from the public, and as time passes, people slowly get used to it.

I don’t want to give my opinion and explain whether I like the new symbol or not here at this point; there is another aspect I want to emphasize. To create a symbol, especially a symbol for the national currency, is a very serious business. It is too important to leave to amateurs.

There are international firms that create symbols, employing hundreds of experts, which have been operating in the field for years. Millions of dollars are spent. After long research, sometimes taking years, a symbol is created. You cannot imagine the energy and money spent on the work of searching for a symbol for a new TV station or a major product. It is work that is regarded as extremely serious.

No offense, but the Central Bank of the Republic of Turkey should not have chosen the symbol for the Turkish Lira via the method it used. However well-intentioned the contestants in the competition may have been they do not possess the necessary skills.

The lira now claims to be an international currency. We should also treat it as an international currency. This method for choosing its symbol was really amateurish. I hope the next time we are looking for other symbols the same methods are not applied.

http://www.hurriyetdailynews.com/lets-d ... sCatID=405


Let me first say that, I think the new TL symbol was most probably designed by a man, because what stands out on this symbol the most, is nothing but a Phallic symbol, where the letter "L" has a "hard on". In the grand scheme of things as to what is wrong with this new TL symbol, that is probably the most complimentary thing one can say about it.

Erdogan says that the new TL symbol has "power, prestige and independence". :lol:

Really? :lol:

This is the currency which has lost about 50% of it's value in the last 3 years. That's some "power, prestige and independence"! :lol:

Başçı says, the the new TL symbol resembles "an anchor, which emphasizes that the lira has become a safe investment haven". :lol:

Really? :lol:

First of all, it looks nothing like an anchor. More like a fish hook or a double crossing Pirates' hook for a hand. A fish hook hardly represents any prestige or a double crossing Pirates' hook give any trust and security. The only time it may look anything like an anchor, if one were to stretch their imagination, is when it is dragging in deep water, where it does not have a chance to secure itself to the bottom, in which case, it becomes very insecure and unsafe haven for investments or anything else that may be attached to it.

I believe these are the thoughts MEHMET ALİ BİRAND may have had when he accurately stated that such symbol is not a job for an amateur, but was too afraid to print them. However, for Erdogan and Başçı, it appears that this new TL symbol is the best thing that has come along since sliced bread. Then again, they too are amatures when it comes to interpreting the new TL symbol!


I just thought I would bring this thread up on the Turkish Lira from last year. Aren't archives great? :D
User avatar
Kikapu
Leading Contributor
Leading Contributor
 
Posts: 17978
Joined: Sun Apr 16, 2006 6:18 pm

Re: Turkey's Foreign trade deficit soars by 79.2 percent in

Postby Lordo » Sat Sep 14, 2013 11:25 pm

big wow.
User avatar
Lordo
Leading Contributor
Leading Contributor
 
Posts: 21503
Joined: Wed Oct 05, 2011 2:13 pm
Location: From the river to the sea, Palestine will be free. Walk on Swine walk on

Re: Turkey's Foreign trade deficit soars by 79.2 percent in

Postby Demonax » Sun Sep 15, 2013 2:22 am

Kikapu wrote:
Erdogan says that the new TL symbol has "power, prestige and independence". :lol:

Başçı says, the the new TL symbol resembles "an anchor, which emphasizes that the lira has become a safe investment haven". :lol:

I just thought I would bring this thread up on the Turkish Lira from last year. Aren't archives great? :D


I think it's called 'hubris'. :wink:
User avatar
Demonax
Regular Contributor
Regular Contributor
 
Posts: 1815
Joined: Fri Aug 24, 2012 12:05 am

PreviousNext

Return to Cyprus Problem

Who is online

Users browsing this forum: No registered users and 2 guests