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but some investors are wary of turkish president tayyip erdogan heavy hand weighing on his central bank warning the turkish government shouldn't sacrifice stability in the name of unsustainable growth. and help me break this down i'm joined now by correspondent. good morning let's start with that 1st figure positive growth despite a very difficult year for many events the colonies which we make of this. well polls and economists had even forecasted a high of growth but yes 1.8 percent for 2020 year on year that's better than most other major economies aided by the coronavirus pandemic if you look at germany for example europe's biggest economy is considerably shrank last year but i should mention that turkey's economy was accustomed to much higher growth rates around 5 percent until a currency crisis in 2018 since then we have seen a rollercoaster of recession recovery and then of course the pandemic and the pandemic hit turkey hog's tourism revenues for example which are crucial for the nation's g.d.p. fell by 65 percent in 2020 according to official data tens of thousands of businesse
but some investors are wary of turkish president tayyip erdogan heavy hand weighing on his central bank warning the turkish government shouldn't sacrifice stability in the name of unsustainable growth. and help me break this down i'm joined now by correspondent. good morning let's start with that 1st figure positive growth despite a very difficult year for many events the colonies which we make of this. well polls and economists had even forecasted a high of growth but yes 1.8 percent for 2020...
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against turkey withdrawing from a landmark european antiviolence treaty critics in president recep tayyip erdogan party say the agreement encourages divorce and undermines the traditional family unit. least 19 people have been killed in a collision between 2 passenger trains in egypt emergency crews have cleared the wreckage from the line but the cause of the crash is still not clear president. has ordered an investigation. twisted steel and mangled carriage is grim proof of the deadly impact of 2 trains colliding in egypt province . locals and rescue teams worked into the night pulling injured passengers from the wreckage and recovering the bodies of those who had died ah. i thought that the train collided with a car took took and after leaving the house i found the 2 trains. each other i went running wearing my home clothes and we found people lying on the ground women and children and we removed the deceased people and took the injured to the ambulances . on and off. a lot of the rubble. i put some wooden planks of the ambulances would be able to cross the canal it was a mess many people were
against turkey withdrawing from a landmark european antiviolence treaty critics in president recep tayyip erdogan party say the agreement encourages divorce and undermines the traditional family unit. least 19 people have been killed in a collision between 2 passenger trains in egypt emergency crews have cleared the wreckage from the line but the cause of the crash is still not clear president. has ordered an investigation. twisted steel and mangled carriage is grim proof of the deadly impact...
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turkish president recha tayyip erdogan has withdrawn his country from the world's 1st binding treaty to prevent and combat violence against women in 2011 in stamboul convention was signed in turkey by 45 countries and the european union. officials in australia have ordered mass evacuations they fear torrential rains and flooding could become deadly authorities are also telling people in sydney to stay at home the rains are some of the worst in years and they are expected to continue . u.s. president obama and vice president camila harris have condemned the anti asian violence in the u.s. which they say has spiked since the start of the coronavirus pandemic biden implicitly blamed former president donald trump for stoking hate by calling the covert 19 a ton of virus comments came during a visit to atlanta where a gunman killed 8 people and misses parlors on tuesday 6 were of asian descent. america was shaken with these scenes from just a few days ago 8 people were gunned down at 3 different massage parlors in and around atlanta by alleged shooter robert aaron long most of those killed
turkish president recha tayyip erdogan has withdrawn his country from the world's 1st binding treaty to prevent and combat violence against women in 2011 in stamboul convention was signed in turkey by 45 countries and the european union. officials in australia have ordered mass evacuations they fear torrential rains and flooding could become deadly authorities are also telling people in sydney to stay at home the rains are some of the worst in years and they are expected to continue . u.s....
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Mar 21, 2021
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long argued it's inconsistent with turkey's values and undermines the traditional family unit tayyip erdogan ordered his country's withdrawal and a presidential decree the government says turkey's laws are enough to protect women and their rights but not everyone agrees that on. every day women that killed in the streets in the bus in the car there are women who are beaten by their love as in an elevator when you get to that place they say it's ok has your husband forgiven for the sake of your children but when that woman returns home the same police offices there a day off to take a to have funeral how they're protecting us rights groups say violence against women and deaths are on the rise in turkey their is being. made last year only last 100. 170 cases were unidentified so women are saying well. investigate why we have we are being well why do you want * to learn turkey's not alone in turning its back on the istanbul convention conservative and populist governments in hungary poland slovakia and bulgaria have all moved to prevent the accord from being ratified when you have a situation w
long argued it's inconsistent with turkey's values and undermines the traditional family unit tayyip erdogan ordered his country's withdrawal and a presidential decree the government says turkey's laws are enough to protect women and their rights but not everyone agrees that on. every day women that killed in the streets in the bus in the car there are women who are beaten by their love as in an elevator when you get to that place they say it's ok has your husband forgiven for the sake of your...
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Mar 22, 2021
03/21
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some of the day's other news turkey's currency has tumbled as much as 14% after president recep tayyip erdoganernor over the weekend. naci agbal had been credited as a key force in pulling the lira back from historic lows. erdogan replaced him in a surprise move on saturday, the third central bank governor exit in under two years. australian casino operator crown resorts has received a 6.2 billion dollar takeover offer from us private equity giant blackstone. the offer sent crown resorts shares 19% higher, and comes after the firm recently reported a slump in revenues due to the pandemic. let's now turn to the uk, where venues such as bars and nightclubs may not be able to re—open as planned if they cannot find enough bouncers to supervise them, that's the warning from the uk door security association. they say that many security staff have moved into other work after a year of closure. joining me now is fiona cincotta from city index. good morning to you. i'm guessing this will be notjust a problem for nightclubs, there will be many sectors where people have just found other work so there is
some of the day's other news turkey's currency has tumbled as much as 14% after president recep tayyip erdoganernor over the weekend. naci agbal had been credited as a key force in pulling the lira back from historic lows. erdogan replaced him in a surprise move on saturday, the third central bank governor exit in under two years. australian casino operator crown resorts has received a 6.2 billion dollar takeover offer from us private equity giant blackstone. the offer sent crown resorts shares...
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Mar 22, 2021
03/21
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. >>> to a developing story in turkey where the country's president, recep tayyip erdogan is sendingre into a frenzy. we have hadley morgan with more good morning, good afternoon >> reporter: good morning, dom this is creating a bloodbath in the market the turkish 10-year yield running above 10 theirs. and the istanbul stock exchange dropped 6% before resuming trade. at the same point, this is 10% off what we saw on friday. that is all before president erdogan decided to sack his third central bank governor in the last five years and bring in a party loyalist erdogan has never made secret on the rate policy. he believes when it comes to inflation, you need lower rates to keep a lid on things and keep things from overheating. economists have been pushing back we heard from irnvestors the sacking of the central bank governor over the weekend leaves turkey beyond the point of no return they believe lira could hike to the dollar by june they recommended an exit of long-term turkish assets a conundrum ahead of elections in the coming months >> thank you very much, hadley gamble, with the
. >>> to a developing story in turkey where the country's president, recep tayyip erdogan is sendingre into a frenzy. we have hadley morgan with more good morning, good afternoon >> reporter: good morning, dom this is creating a bloodbath in the market the turkish 10-year yield running above 10 theirs. and the istanbul stock exchange dropped 6% before resuming trade. at the same point, this is 10% off what we saw on friday. that is all before president erdogan decided to sack his...
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Mar 22, 2021
03/21
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CNNW
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. >>> the turkish lira has plunged over the weekend after president reaccept tayyip erdogan fired thebank chief. for more on that let's turn to john defterios in abu dhabi. good to see you, john. so what is the latest on this and what's next? >> well, that's what investors are asking, rosemary, what's next here. because president erdogan less than a month ago went before the turkish people and said i have two objectives here when it comes to economic policy -- reviving the lira and dousing inflation. is and nothing's happened on that front. he promised to have central bank independence. and now he has fired four central bank governors in five years. so this is not a lot of stability. let's take a look at the latest quote here. we see some recovery in the lira because we went to a low against the u.s. dollar, 8.09. the trade is now just over 7.9. there are some who suggest we could hit an all-time low yet again of 8.58. and if that doesn't work with the central bank policy they may have to put in capital controls. president erdogan put in another central banker that aligns with this un
. >>> the turkish lira has plunged over the weekend after president reaccept tayyip erdogan fired thebank chief. for more on that let's turn to john defterios in abu dhabi. good to see you, john. so what is the latest on this and what's next? >> well, that's what investors are asking, rosemary, what's next here. because president erdogan less than a month ago went before the turkish people and said i have two objectives here when it comes to economic policy -- reviving the lira...
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Mar 22, 2021
03/21
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LINKTV
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human rights groups are condemning turkish president recep tayyip erdogan's decision to withdraw from the istanbul convention, the world's first binding treaty to combat violence against women and girls. nearly 40% of turkish women have been subjected to violence from their partner according to u.n. figures, and local rights groups say femicides are on the rise. in istanbul, women took to the streets this weekend to protest the move. >> i was not feeling safe as a woman even before this. and after this, i feel even more like i am in an unsafe situation. at least there was a law. and now i don't feel like i have any support. i feel vulnerable. amy: in syria, at least six people are dead, including a child and medical workers, after syrian forces shelled a hospital outside the rebel-controlled city of aleppo on sunday. 16 civilians were also wounded in the assault, four of them critically. the attack came despite a ceasefire deal brokered by russia and turkey in march of 2020. physicians for human rights has documented nearly 600 attacks on health care facilities by syria's military and
human rights groups are condemning turkish president recep tayyip erdogan's decision to withdraw from the istanbul convention, the world's first binding treaty to combat violence against women and girls. nearly 40% of turkish women have been subjected to violence from their partner according to u.n. figures, and local rights groups say femicides are on the rise. in istanbul, women took to the streets this weekend to protest the move. >> i was not feeling safe as a woman even before this....
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Mar 21, 2021
03/21
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CNNW
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. >>> turkish-women's groups are outraged that president recep tayyip erdogan has pulled the countryternational treaty designed to protect women. and ironically, named for the country's largest city, cnn's has more from istanbul. >> reporter: hundreds have gathered here to protest president erdogan's decision to withdrawal his country from the istanbul convention. people woke up to this news of the presidential decree on saturday. that has really sent shockwaves across the country. there is so much anger here. a short time ago, they were reading the names of women who have been killed. it was ten years ago, that the council of europe's binding pact to combat violence against women was signed in this city. turkey was the first country to sign the convention. but since last summer, there has been a heated debate in this country. lobbying, by some conservative and religious groups, to withdraw from the convention that, they say, damages family unity and traditional values. and quote -- and quote, legitimizes the lgbt community. women's rights defenders say that this is a nightmare. this
. >>> turkish-women's groups are outraged that president recep tayyip erdogan has pulled the countryternational treaty designed to protect women. and ironically, named for the country's largest city, cnn's has more from istanbul. >> reporter: hundreds have gathered here to protest president erdogan's decision to withdrawal his country from the istanbul convention. people woke up to this news of the presidential decree on saturday. that has really sent shockwaves across the...
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but some investors are wary of turkish president tayyip erdogan heavy hand weighing on his central bank warning the turkish government shouldn't sacrifice stability in the name of unsustainable growth. and help me break this down i'm joined now by correspondent. yulia good morning let's start with that 1st figure positive growth despite a very difficult year for many events the commies which we make of this. well polls and economists had even 4 costed high a growth but yes 1.8 percent for 2020 year on year that's better than most other major economies headed by the coronavirus pandemic if you look at germany for example europe's biggest economy is considerably shrank last year but i should mention that turkey's economy was accustomed to much higher growth rates around 5 percent until a currency crisis in 2018 since then we have seen a rollercoaster of recession recovery and then of course the pandemic and the pandemic hit turkey hogs tourism revenues for example which are crucial for the nation's g.d.p. fell by 65 percent in 2020 according to official data tens of thousands of businesse
but some investors are wary of turkish president tayyip erdogan heavy hand weighing on his central bank warning the turkish government shouldn't sacrifice stability in the name of unsustainable growth. and help me break this down i'm joined now by correspondent. yulia good morning let's start with that 1st figure positive growth despite a very difficult year for many events the commies which we make of this. well polls and economists had even 4 costed high a growth but yes 1.8 percent for 2020...