Surely Exorbitant Debt, Unemployment and Poverty are Bankruptcy in Itself Prime Minister Bisher Al-Khasawneh said during a discussion session in the House of Representatives on Monday, 04/18/2022, that “Jordan is resilient and far from bankruptcy, according to the testimony of the World Bank,” adding that “international credit rating agencies have confirmed Jordan’s credit rating at […]
The devaluation of the Turkish lira. Comment: Turkey’s national currency, the Turkish lira, has drastically plummeted in the last quarter of this year, from 8.86 Turkish liras for one dollar in October to 16.42 Turkish liras for one US dollar. So, the Turkish lira lost almost double its value against the US dollar and that […]
Over the past two months, Turkey was going through a major economic crisis. The Turkish lira is constantly declining day by day. Although Wednesday heralds the arrival of Thursday, yet the wrong policies that were implemented over the years are waving an invitation to usher crises. Although the exchange rate has also increased, officials are […]
