Experts say Türkiye's return to conventional economy to take time

**This is a 60-seconds sample of the video. For the full version, please contact us.**

Experts say Türkiye's return to conventional economy to take time

STORY: Expert says Türkiye's return to conventional economy to take time DATELINE: July 7, 2023 LENGTH: 00:03:08 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Türkiye (courtesy of ihlas news agency) 2. various of Turkish central bank 3. various of Turkish lira 4. SOUNDBITE 1 (Turkish): BAKI DEMIREL, Professor of Economics at Yalova University 5. SOUNDBITE 2 (Turkish): BAKI DEMIREL, Professor of Economics at Yalova University 6. SOUNDBITE 3 (Turkish): BAKI DEMIREL, Professor of Economics at Yalova University STORYLINE: Since winning reelection in May, Türkiye's President Recep Tayyip Erdogan has replaced the country's central bank governor and the minister of treasury and finance with market-friendly figures to address the cost of living crisis. On June 22, the central bank raised the interest rates from 8.5 percent to 15 percent, the first hike in more than two years that was welcomed by the market as a return to economic orthodox even though investors expected more. However,

  • Product Code
  • ILEA001507765
  • Registered date
  • 2023/7/07 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • 1920 × 1080 pixel
  • Deployment size
  • 101.07(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    Turkish president, Dutch PM discuss NATO chief candidacy

    STORY: Turkish president, Dutch PM discuss NATO chief candidacy SHOOTING TIME: April 26, 2024 DATELINE: April 27, 2024 LENGTH: 0:01:35 LOCATION: ISTANBUL, Türkiye CATEGORY: POLITICS SHOTLIST: 1. various of the bilateral meeting 2. various of the joint press conference STORYLINE: Turkish President Recep Tayyip Erdogan and visiting Dutch Prime Minister Mark Rutte discussed Rutte's candidacy for the position of Secretary General of the North Atlantic Treaty Organization (NATO) during a meeting in Istanbul on Friday. Following the meeting at the Vahdettin Mansion on the Asian side of the city, Erdogan and Rutte held a joint press conference. "No one should doubt that we will make our decision within the framework of strategic wisdom and fairness," Erdogan told reporters, adding that he shared with Rutte what kind of qualities Türkiye would like to see in the new NATO secretary general. Erdogan emphasized his expectation for the future secretary-general to prioritize the preservation of NATO's pri

      Bank of Japan keeps interest rate unchanged, yen sinks below 156

      STORY: Bank of Japan keeps interest rate unchanged, yen sinks below 156 SHOOTING TIME: file DATELINE: April 27, 2024 LENGTH: 00:01:37 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of Japan 2. various of city view in Tokyo 3. various of fresh food in supermarkets 4. various of city view in Tokyo STORYLINE: The Japanese central bank on Friday maintained its policy rate unchanged after wrapping up its two-day policy meeting, which sent the Japanese yen to its fresh 34-year low past the 156 line. The Bank of Japan (BOJ) decided to guide short-term interest rates in a range of zero and 0.1 percent, a month after it ended the negative interest rate policy in its first rate hike in 17 years. The announcement weakened the country's currency against the U.S. dollar to the lowest level since May 1990, raising the risk of forex intervention by Japanese authorities. The BOJ, which also maintained its policy regarding government bond buying, said the country's core inflation, which excludes volatile

        Turkish security forces capture 23 suspected IS members: minister

        STORY: Turkish security forces capture 23 suspected IS members: minister SHOOTING TIME: Recent footage DATELINE: April 26, 2024 LENGTH: 00:00:50 LOCATION: Ankara CATEGORY: MILITARY SHOTLIST: 1. various of the operations of Turkish security forces (courtesy of Turkish Interior Ministry) STORYLINE: Turkish security forces have apprehended 23 suspected members of the Islamic State (IS) group in recent operations, according to a statement by the country's Interior Minister Ali Yerlikaya on Thursday. The police conducted simultaneous raids in several provinces, including Canakkale, Hatay, Konya, Sakarya, Tekirdag, Yalova, and Yozgat, Yerlikaya said on the social media platform X, without revealing the specific timing of these operations. Between June 1, 2023, and April 22, 2024, a total of 1422 operations were carried out against the IS group. As a result, 2,991 suspects were captured, according to the minister. The IS has conducted a series of deadly attacks in Türkiye since 2015, including the rec

          Turkish central bank keeps policy rate unchanged at 50 pct

          STORY: Turkish central bank keeps policy rate unchanged at 50 pct SHOOTING TIME: Earlier footage DATELINE: April 26, 2024 LENGTH: 00:01:04 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish Central Bank 2. various of Turkish lira STORYLINE: Türkiye's central bank on Thursday kept its interest rate unchanged at 50 percent, saying that the monetary policy decisions in March have led to a significant tightening in financial conditions. "Considering the lagged effects of the monetary tightening, the committee decided to keep the policy rate unchanged, but reiterated that it remains highly attentive to inflation risks," the bank said in a statement, adding that it will maintain the tight monetary stance until a significant and sustained decline in monthly inflation is observed. Despite the ongoing decline, the underlying trend of monthly inflation in March was higher than expected, the statement said. "While imports of consumer goods and gold contribute to the improvement in the current

            Türkiye calls for greater defense cooperation with Germany

            STORY: Türkiye calls for greater defense cooperation with Germany SHOOTING TIME: April 24, 2024 DATELINE: April 25, 2024 LENGTH: 00:01:48 LOCATION: Ankara CATEGORY: POLITICS SHOTLIST: 1. various of the bilateral meeting of Turkish President Recep Tayyip Erdogan with his visiting German counterpart Frank-Walter Steinmeier in Türkiye (courtesy of Turkish Presidency) 2. SOUNDBITE 1 (Turkish): RECEP TAYYIP ERDOGAN, Turkish President (courtesy of ihlas News Agency) 3. various of the joint press conference of Turkish President Recep Tayyip Erdogan with his visiting German counterpart Frank-Walter Steinmeier in Türkiye (courtesy of ihlas News Agency) 4. SOUNDBITE 2 (Turkish): RECEP TAYYIP ERDOGAN, Turkish President (courtesy of ihlas News Agency) 5. various of the speech of German President Frank-Walter Steinmeier at the joint press conference with Turkish President Recep Tayyip Erdogan in Türkiye (courtesy of ihlas News Agency) STORYLINE: Turkish President Recep Tayyip Erdogan on Wednesday called for greater coo

              Iraq, Türkiye sign over 20 deals to boost ties

              STORY: Iraq, Türkiye sign over 20 deals to boost ties SHOOTING TIME: April 22, 2024 DATELINE: April 23, 2024 LENGTH: 00:02:50 LOCATION: Baghdad CATEGORY: POLITICS SHOTLIST: 1. various of Turkish President Recep Tayyip Erdogan's visit to Baghdad and his meeting with Iraqi Prime Minister Mohammed Shia' al-Sudani 2. various of Iraqi President Abdul Latif Rashid meeting with Turkish President Recep Tayyip Erdogan STORYLINE: Iraq and Türkiye on Monday struck more than 20 deals in various fields during a rare visit by Turkish President Recep Tayyip Erdogan to Iraq. The deals were signed between Erdogan and Iraqi Prime Minister Mohammed Shia' al-Sudani after their meeting in Baghdad, the prime minister's office said in a statement. During the talk, the two leaders discussed bilateral cooperation in security, rail and road construction, irrigation infrastructure and water management and witnessed the signing of more than 20 Memorandums of Understanding. In the area of security cooperation, al-Sudani

                Turkish president meets Hamas leader in Istanbul

                STORY: Turkish president meets Hamas leader in Istanbul SHOOTING TIME: April 20, 2024 DATELINE: April 21, 2024 LENGTH: 00:00:44 LOCATION: ISTANBUL, Türkiye CATEGORY: POLITICS SHOTLIST: 1. various of the meeting of Turkish President Recep Tayyip Erdogan with head of the Hamas Political Bureau Ismail Haniyeh in Istanbul, Türkiye STORYLINE: Turkish President Recep Tayyip Erdogan met on Saturday with head of the Hamas Political Bureau Ismail Haniyeh in Türkiye's largest city, Istanbul. The meeting, which commenced at 2:30 p.m. local time (1130 GMT), was held behind closed doors at the Dolmabahce presidential working office, as reported by the NTV broadcaster. Both leaders were anticipated to discuss the ongoing Israeli attacks and the humanitarian situation in the Gaza Strip, as well as ceasefire efforts, the NTV added. Haniyeh recently suffered the loss of his three sons in an Israeli airstrike in Gaza City on April 10. Xinhua News Agency correspondents reporting from Istanbul, Türkiye. (XHTV)

                  Magnitude-5.6 earthquake rocks northern Turkish province of Tokat: AFAD

                  STORY: Magnitude-5.6 earthquake rocks northern Turkish province of Tokat: AFAD SHOOTING TIME: April 18, 2024 DATELINE: April 19, 2024 LENGTH: 00:01:15 LOCATION: Ankara CATEGORY: OTHERS SHOTLIST: 1. various of Tokat after the quake (courtesy of ihlas news agency) STORYLINE: A magnitude-5.6 earthquake rocked the northern Turkish province of Tokat on Thursday, according to the country's disaster management authority AFAD. The earthquake struck at 6:11 p.m. local time (1511 GMT), with its epicenter located in the town of Sulusaray in Tokat province, approximately 450 kilometers east of the capital Ankara, according to AFAD. There were no immediate reports of casualties. The quake was felt in neighboring provinces, private broadcaster NTV reported. Teams from the AFAD and other relevant agencies were investigating the situation at the scene, Interior Minister Ali Yerlikaya said on social media platform X. Türkiye is crisscrossed by active seismic faultlines. In February 2023, two powerful ea

                    Turkish president urges Western countries to respond to Israel's killings of Palestinians

                    STORY: Turkish president urges Western countries to respond to Israel's killings of Palestinians SHOOTING TIME: April 18, 2024 DATELINE: April 19, 2024 LENGTH: 00:01:43 LOCATION: Ankara CATEGORY: POLITICS SHOTLIST: 1. various of bilateral meeting of Turkish President Recep Tayyip Erdogan with Tanzania's President Samia Suluhu Hassan (courtesy of ihlas news agency) 2. SOUNDBITE 1 (Turkish): RECEP TAYYIP ERDOGAN, Turkish President 3. various of bilateral meeting of Turkish President Recep Tayyip Erdogan with Tanzania's President Samia Suluhu Hassan (courtesy of ihlas news agency) 4. SOUNDBITE 2 (Turkish): RECEP TAYYIP ERDOGAN, Turkish President 5. various of speech of Tanzania's President Samia Suluhu Hassan (courtesy of ihlas news agency) 6. SOUNDBITE 3 (Turkish): RECEP TAYYIP ERDOGAN, Turkish President STORYLINE: Turkish President Recep Tayyip Erdogan on Thursday urged Western countries to respond to the Israeli government's killings of Palestinians. SOUNDBITE 1 (Turkish): RECEP TAYYIP ERDOGAN, Turkish Pr

                      ECB leaves interest rates unchanged

                      STORY: ECB leaves interest rates unchanged SHOOTING TIME: April 11, 2024 DATELINE: April 12, 2024 LENGTH: 00:01:53 LOCATION: FRANKFURT, Germany CATEGORY: ECONOMY SHOTLIST: 1. various of the European Central Bank 2. various of the EBC press conference 3. SOUNDBITE (English): CHRISTINE LAGARDE, ECB President 4. various of the European Central Bank STORYLINE: The European Central Bank (ECB) on Thursday decided to leave key interest rates unchanged after its regular rate-setting meeting in Frankfurt, Germany. The three key interest rates are still hovering at historically high levels. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility remain unchanged at 4.5 percent, 4.75 percent and 4 percent respectively, the ECB announced in a statement. SOUNDBITE (English): CHRISTINE LAGARDE, ECB President "So in conclusion, the governing council today decided to keep the three key ECB interest rates unchanged. We are determined to ens