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Turkey Beats Russia in War in Caucasus but Hikes Interest Rates to 30% as Inflation Rises Again - Joe Blogs
Russia & Turkey support opposing sides in the Conflict in Caucasus. Turkey is an ally of Azerbaijan who technically has ownership of the Nagorno Karabakh region however Russia is an ally of Armenia whose people dominate and control the region. Since the break up of the Soviet Union there have been 2 wars in this region and both have ended with peace settlements organised by Russia. Tension has been rising in the area since the end of 2022 and Azerbaijan recently took the opportunity to try to seize full control. In this video I provide more details on this military conflict as well as providing an update of the Turkish Economy where Inflation is Rising Again and the Turkish authorities have changed their economic policy and recently increased Interest Rates to 30%.
Chapters:
0:00 Intro
4:13 RUSSIA & AZERBAIJAN
10:06 INTEREST RATES
11:57 INFLATION
13:36 FOOD INFLATION
15:47 ECONOMIC POLICY
18:39 LIRA
21:15 TESLA
22:32 SUMMARY & CONCLUSION
2 replies
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