BREAKING NEWS

The organizing group of the arms business in GĂ«rdec is about to sink, the prosecutors are expected to take the facts from the American Justice in their hands, the order letters in the USA are launched, information will also be obtained about Patrick He...

The organizing group of the arms business in Gërdec is about to sink, the
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BREAKING NEWS

Daut Gumeni: This is why the socialists and Gentiana Sula blocked the opening of Ilir Metaj's spy file, we expect that the "syringe with sea water" that the DASH senior official injected into SPAK prosecutors will lead to the arrest of "heavyweights"

Daut Gumeni: This is why the socialists and Gentiana Sula blocked the opening of
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BREAKING NEWS

The scandal erupts, the Parliament of Albania is accused of voting without a quorum on the Law on Strategic Investments, this is how the Constitution was overturned by the majority, the fraud is revealed

The scandal erupts, the Parliament of Albania is accused of voting without a
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BREAKING NEWS

The dubious wealth of the "sheikh" of the Assembly Laert Duraj who challenges the old "wolves" in politics, apartment 200 thousand euros, 11 bank accounts, staggering profits from rent, 180 thousand euros from property sales, how he justified the milli...

The dubious wealth of the "sheikh" of the Assembly Laert Duraj who
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BREAKING NEWS

Here are the deals of the SP and Reestablishment, how they are defending the corruption of Klodian Allajbeu and Vilma Nushi, thefts with "Hemodialysis", "Check Up", "Laboratories" and "Sterilization" are proven, arrests are expected from SPAK

Here are the deals of the SP and Reestablishment, how they are defending the
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BREAKING NEWS

Rama-Berisha set up a commission to destroy SPAK and the Justice Reform, here are the new "non-women" deals with the prime minister to block arrests

Rama-Berisha set up a commission to destroy SPAK and the Justice Reform, here
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BREAKING NEWS

The Port of Vlora scandal broke, this is how Samir Manes was forgiven 57 thousand square meters of land, 2 ministers were implicated, SPAK takes over the lawsuit against the government mega-oligarch

The Port of Vlora scandal broke, this is how Samir Manes was forgiven 57
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BREAKING NEWS

The well-known journalist warns of sensational arrests in the coming days, here are some of the "scorching" files that SPAK is investigating and the scheme followed by BKH agents to arrest Jorgo Goro, the acting mayor of Himara was intercepted for 4 mo...

The well-known journalist warns of sensational arrests in the coming days, here
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Bota

What is happening in Turkey? The local currency falls into the dive

What is happening in Turkey? The local currency falls into the dive

The Turkish lira has fallen to a record high, trading at 8.15 against the dollar amid investor concern about the Turkish economy being hit by the coronavirus and cracks with NATO allies.

President Recep Tayyip Erdogan has angered France and the US, among others. Analysts attribute the weakening easing to inflation concerns in Turkey, 11.7 per cent last month, and the central bank's refusal to raise interest rates. A rate hike would ease inflation and encourage investors to buy cheaper.

Meanwhile, President Erdogan's strong play in Libya, Syria, Cyprus and the Caucasus, according to analysts, has repelled investors. "Rising geopolitical tensions with the US and the EU are new sources of pressure to weaken freedom," they said.

While there are concerns that a victory by US presidential candidate Joe Biden would impose tougher sanctions on Turkey after it bought Russia's S-499 missile defense system, the market is also concerned about the rapid deterioration of relations between Turkey. and France.

The lira has lost 26 per cent of its value and Turkish authorities reportedly spent about $ 134 billion in the past 18 months to strengthen the currency. The EU is currently Turkey's biggest trading partner, but this month, EU leaders issued a stern warning to Erdogan over gas exploration near Cyprus. And if these were not enough, it is also the coronavirus that is burdening the country's economy.