Mehmet Emin Calkan begins work harvesting a tobacco field in rural Turkey before dawn, then has another shift skewering and stringing the tobacco to dry under the sun.
The 19-year-old, who hopes…
Turkey's lira dipped 0.4% against the dollar on Tuesday as concerns over rampant inflation were stoked by President Tayyip Erdogan's pledge to continue cutting interest rates.
In a Monday evening…
The Turkish lira continues to touch record lows, the first of its kind, at a time when the Central Bank is trying to control its exchange rate against foreign currencies.
The lira continues its…
Turkey has been forcing people for almost a year now to trade using its local currency in different Syrian regions that lie on its southern border and are under its army’s control. Likewise, these…
From military spending to energy markets, the US-Israeli war on Iran is driving rising costs, with the Strait of Hormuz emerging as a central pressure point
Until fairly recently, most Americans sided with Israel. These days, most side with the Palestinians. That will eventually influence US foreign policy.
Any disruption in the Hormuz has cascading knock-on effects that extend far beyond energy markets, impacting international trade. Al Majalla explores all this and more.
Al Majalla - London
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