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Old 11th July 2019, 17:46   #2471 (permalink)
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Re: Watch The Lira Now

Easy for me to say but I certainly wouldnt want any assets in Turkey during these times, the bus driver is accelerating toward the cliff edge whilst wearing a blindfold, but of course it will be someone elses fault when it goes off the edge.

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Last edited by yalimart; 11th July 2019 at 20:37..
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Old 12th July 2019, 08:51   #2472 (permalink)
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Re: Watch The Lira Now

Having said all that, which I don't disagree with, do you really want your savings in sterling?

https://www.cnbc.com/2019/07/11/bran...rd-brexit.html
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Old 12th July 2019, 09:21   #2473 (permalink)
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Re: Watch The Lira Now

Quote:
Originally Posted by LauraB View Post
Having said all that, which I don't disagree with, do you really want your savings in sterling?

https://www.cnbc.com/2019/07/11/bran...rd-brexit.html
I did read this J. Things aren't looking too good for Sterling as Jaycey pointed out, though I don't feel confident enough to started dabbling in dollars, gold etc. So I think it's a case of just accepting what Brexit throws at us. Hope you guys are ok. xx
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Old 12th July 2019, 09:21   #2474 (permalink)
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Re: Watch The Lira Now

I still have almost 30 tl in notes from my recent Calis holiday

What do our TLF finance experts reckon my best way forward is with this sum
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Old 12th July 2019, 09:32   #2475 (permalink)
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Re: Watch The Lira Now

Come back to Calis and blow it on a night out.
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Old 12th July 2019, 10:30   #2476 (permalink)
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Re: Watch The Lira Now

Quote:
Originally Posted by saoirse View Post
I still have almost 30 tl in notes from my recent Calis holiday

What do our TLF finance experts reckon my best way forward is with this sum
invest in a shoe box
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Old 12th July 2019, 12:07   #2477 (permalink)
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Re: Watch The Lira Now

Has as usual a Trump off cuff remark been taken as American policy by RTE, to Turkey's detriment.

"Trump said there will be no U.S. sanctions imposed on Turkey over its decision to purchase Russian missile defense systems" , Turkish President said on June 29, hours after the two leaders held bilateral talks.


The moment of truth has come for U.S.-Turkey relations

July 11, 2019

For roughly two years, the United States has been warning the Turkish government against receiving a huge Russian missile defense system. Washington has made clear that, were that to happen, it would have no choice but to impose sanctions that could further cripple the Turkish economy, restrict Turkey’s role in NATO and forever alter the U.S.-Turkey alliance.

This week, Turkey called our bluff, and the Russian equipment is arriving in Turkey. The problem for Turkey, though, is that the Trump administration wasn’t bluffing.


Congress is on board with a harsh punishment for Turkey. In June, the House unanimously passed a resolution calling on the Trump administration to enforce tough sanctions against Turkey if Erdogan doesn’t reverse course on the S-400. “The law is clear and unambiguous,” Senate Foreign Relations Committee ranking Democrat Robert Menendez (N.J.) told me. “And as we have repeatedly warned, these sanctions could have devastating consequences for Turkey’s economy and defense sector.”

https://beta.washingtonpost.com/opin...outputType=amp

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Old 12th July 2019, 14:38   #2478 (permalink)
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Re: Watch The Lira Now

Hold on to your hats, the first delivery of the Russian missiles arrived today and the exchange rates shooting up!
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Old 12th July 2019, 15:38   #2479 (permalink)
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Re: Watch The Lira Now

But Recip said that Trump said it was all Obama's fault and there would be no sanctions, both reliable sources
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Old 12th July 2019, 16:00   #2480 (permalink)
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Re: Watch The Lira Now

Wasn't there an election around this time?
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