Will Turkey's Latest Wage Hike Bring Relief or Bump Up Inflation? | Vantage with Palki Sharma
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- Опубліковано 30 вер 2024
- Will Turkey's Latest Wage Hike Bring Relief or Bump Up Inflation? | Vantage with Palki Sharma
A 49% rise in the Turkish minimum wage will offer relief to households but it also present challenges in managing inflation. So, why is Ankara doing it? Is it because Erdogan wants to win the mayoral polls in 2024? Palki Sharma tells you.
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Turkey | Recep Tayyip Erdogan | Wage Hike | Inflation | Firstpost | World News | Vantage | Palki Sharma
#turkey #wagehike #inflation #minimumwage #receptayyiperdoğan #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
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When voters choose their leader on basis on islam or jihad😂 they don't care about inflation
Actually we do care about inflation. Upping interests further would cause a blow in the production of a country, which leads to more people getting unemployed. Some countries believe that inflation is unavoidable and that it is harder if people getting unemployed at the same time...
Besides inflation we also care about other things such as:
- Infrastructure
- Technological revolution/developments
- Improving communications/bonds with other countries
- War against terrorism
- The rights of Turkey
If you look at our progress at those points in the past 10+ years, you will notice that Turkey has become in a way better state then before despite the economy, But hey, Turkey has been always an country of inflation, it is simply nothing new. The only thing is that AKP did rule Turkey so good that we didnt notice inflation for years untill it showed up again (due coronacrisis and other factors in the world).
So yeah, I am proud of Erdogan who sleeps only 6 hours daily to get Turkey to the next level, despite all the critizm or terrorism (like FETO, PKK) from inside and outside the country. Those critizm from inside are mostly the people from compenies who are only looking to their cents. Not even to compare him with other leaders who working like a only a fulltimer (40 hours a week) and only signing some country rules and attending some meetings per year...
@@fight4lif394But Bro Islamisation and Rising Kurd Population which is Conservative can Reduce the Growth of Turkey Already you have taken 4-5M Syrian Refugees there are 10M-12M Illegal/Legal Refugee whose Fertility rate is Higher than Turks You people just Self Destroying Yourself atleast because of Our Govt policy Muslim having Low Fertility rate of 2.2 Which was 2.4 in 2020 Pls Look into this matter also Because of these Reason and Rise of Political Islam by Erdogan It can Serously Affect Turkey Very Badly
Also pkk and YPG Factions then Encourage Kurds to have Kurdistan and If their population doubles in 10 yrs due to Very Fertility rate it can Affect Elections in Turkey and Radical pro Kurd Leader will Come who will Ultimately Destroy the Economy
Demographic Change is Very Harmful that's why India Crackdown on Muslims and Making Policy so that Muslim population doesn't exceed 15%
I have been to Turkey people are very Frustrated nowadays Not was Before If they see any Asian/Arabian they Discrimante Although I live in Himalayas Thatswhy my skin color is like Turks but I Noticed That much
@@RajeshSoni-k7d There are too many refugees, it is normal for racism to increase
Hiking minimum wage will further increase inflation due to further currency devaluation. Liara will become worthless soon. good job erdogan😂😂
The forest was shrinking but the trees kept voting for the axe, for the axe was clever and convinced the trees that because his handle was made of wood he was one of them.”
― Turkish Proverb
Wow🙃🙃
😂😂so true
@@Indianoffroadtrucks😂😅
Turkey interest rate is 57…it is perfectly
Inflation will balloon up like crazy if they go ahead with this.
Worse, think about the old age people and pensioners. If your pension retired in 2020, you can't even survive in this. Hope turkey has some good social benefits.
While interest rates are rising rapidly; It is very difficult for inflation to increase.
When they win all the elections they will clear up the excess demand from the economy. Then their voters can cry as much as they want and government will surely provide for the absolute parasites. Hard to find a middle class opportunity of living and any employment without relying on your lucky connections from now on.
When embrace terrorism over secularism 😂😂😂😂😂
When choosing Cow piss over Cow meat😂😂😂
@@abuzaformohammedaman9205 but camel pias and shit both are mohamed favourite 😂🤣😂
@@hunk9730 haha Hindu land pujari logic😅😅😅😅
That is why Countries like Indonesia, Philippines, Malaysia left land puga and follow Abrahamic religion.
@@abuzaformohammedaman9205 adltry alla gay mmad logic 😂🤣 marry 6 when your 56
@@abuzaformohammedaman9205 Haa Indonesia Malaysia left because of crimes cruel chuslim rulers done
😂😂😂😂 He is just fooling and throwing dust on people's eyes. Even after 49% boost its barely the same as before..after the wage boost prices of commodities rose 2.5 times......he must stop printing valuless Lira currency notes.
Whenever they thought policy makers could not go further down in taking the worst economic decisions, Erdogan proved them wrong.
Wth?? Who is advising him this??
Islamic bank 😂😂
49% good for political reasons not economy.
ELIMINATE poverty by any risk economically future will tell we are here for pulling people from down man.not 1k billionaire and millions poor.that lader bad.
@@sadikaden5468 49pc is exactly for increasing the wealth of 1k billionaire and reducing income for millions. From experience we hay seen "shocking" the economy does not work. Joe has tried and failed.
@@sadikaden5468 Considering someone poor is contextual... Like u can't do much with 1000 dollar in US but in Turkey u can live good.
If sudden hike happened then companies will have to increase the price of products or have to cut down employees. U can hike 10-15 percent but if u just pour money in the economy by printing it without creating value in your economy than it's disaster.
Inflation creates people poor. Because there savings become worthless
That's still near hyperinflation
Turkey will become another Pakistan in the near future.
Turkey far better than India
Seems to be the case if their mad president keeps taking horrible decisions like this.
@@abuzaformohammedaman9205see the growth rate 😂😂😂
Pakistani
10 yrs China will crush what's with Turkey😂😂
I'm wondering who wear face mask nowdays in Türkiye? Don't you have present footage of Türkiye to make news. Or you have a agenda to show old image of Türkiye?
U will see women are using face mask because Turkey is a majority Muslim country and after Erdogan came into power the society is being radicalized. So now for them women have to cover their face and head... It's just going Taliban way gradually.
This called karma. Erdogan last time stabbed India in UN assembly after getting highest numbers of Aids and financial support from India during there earthquake crisis. This man attitude must get destroy.
Turkish is in success as long the king is around long live MR PRESIDENT...DONT ACCOMMODATE USELESS LEADER IN TURKEY.
Turkey now want to be Islamic radicalscountry,
This is a bad policy. FDI foreign companies may withhold investment and withdraw. They have already lost trust in the market economy and are leaving Turkey.
Hell no.
This will cause increase in prices with companies, businesses going out of business!! What a joke of a government
As long my LEADER put more money in our pockets we do see anything else.vote him inn
Lol it will increase commodities price more😂😂
Yep, but people will keep their job. If they decided to increase the interests, then the production section of Turkey would get a blow and more people would get fired. Therefore some countries believe that inflation is something unavoidable and that if people losing their jobs at the same time, it would have a higher impact.
This country just like india is not fully democratic
😂😂😂 India is way more democratic than any Muslim majority country
Ukraine is a fully democratic and successful role model for everyone.
@@justinl1880 r u insane bro see the title
What you mean by not fully democratic?
@@fight4lif394 not like usa
President Trump knows Turkeyeh very well. Using every nations.
We also know your Trump and previous presidents very well. In the past everytime we tried to invest in technological developments, Amerika gave us a report about Turkey that we were not ready to develop and instead we had to focus on producing fruits and vegetables and that we could buy cars and airplanes from them. By doing this we became more depended to America for nearly 80 years. Now we are taking steps to become independend from Amerika and the first thing Trump said was like: "We gonna destroy the economy of Turkey, like we did do this before". The reason why America didnt deliver us f16 was morelikely they didn't want us to develop further in technology. Nowadays we develop our own car(s) and airplanes. Turkey did also invested in our infrastructure in the past 20 years and improved their bonds/communications with almost every nation as these things are an important factor to develop and grow further as a country.
Ye to kejriwal ka bhi baap nikla 🤣
When they said they were best friends with Pakistan we knew this is what happens 😂😂😂😂 choose u r company carefully 😅
They deserve it because they voted for Erdogan in the last election.
Yes, we deserve a better Turkey but not with your mindset @ararat. Turkey has always been a country of inflation, only we didnt notice this much for 10+ years while AKP was ruling. Now there are a lot of things happened in the world such as Corona and earthquakes which are extern factors that could play a role to this. Despites this Turkey managed to be the no.3 in the fast growing countries in 2022.
Wtf😮😮
Good 😀
Full support to Turkey
Then you need to pack your bags and leave india
Full Support to Israel 🇮🇳🇮🇱🇮🇳🇮🇱🇮🇳🇮🇱
The very definition of "Kicking the can down the road".