Türkiye enters new year with pay hikes but falling living standards

STORY: Türkiye enters new year with pay hikes but falling living standards DATELINE: Jan. 12, 2023 LENGTH: 00:03:30 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. people at ATMs and shops in Türkiye 2. people in different kind of bazaars in Türkiye 3. SOUNDBITE 1 (Turkish): NIHAT BASARAN, Veteran 4. SOUNDBITE 2 (Turkish): ADEM CAM, Pensioner STORYLINE: Türkiye has ushered in the new year with significant pay hikes for minimum-wage earners, pensioners, and civil servants amid a cost-of-living crisis that has plunged millions into financial hardship. Inflation remains alarmingly high despite a sharp drop to 64.2 percent in December, the Turkish Statistical Institute announced on Jan. 3, down from 84.3 percent reported in November after hitting a 24-year high in October. Annual food prices rose by 77.9 percent in December, down from 102.6 percent in November, while energy prices increased 118 percent, down from 94.4 percent compared to the previous month. The government announced a 55-percent increase in

Japan industry minister Motegi meets Turkish counterpart

Japan industry minister Motegi meets Turkish counterpart

ISTANBUL, Turkey - Japanese Economy, Trade and Industry Minister Toshimitsu Motegi holds talks with Turkish Economy Minister Nihat Zeybekci in Istanbul, western Turkey, on July 8, 2014.

Turkish science minister in Tokyo

Turkish science minister in Tokyo

TOKYO, Japan - Nihat Ergun, Turkish minister of science, industry and technology, is interviewed by Kyodo News in Tokyo on May 9, 2012. He called on Japanese automakers, including Toyota Motor Corp., to newly invest in Turkey as its auto market is expected to continue growing strongly.

Turks turn to second-hand goods amid economic woes, soaring inflation

STORY: Turks turn to second-hand goods amid economic woes, soaring inflation DATELINE: Dec. 9, 2022 LENGTH: 00:04:10 LOCATION: Ankara CATEGORY: SOCIETY SHOTLIST: 1. various of the old flea market at Itfaiye Square in the Ulus district of the Turkish capital Ankara 2. SOUNDBITE 1 (Turkish): MUKERREM KORKMAZ, Head of the second-hand goods sellers chamber 3. SOUNDBITE 2 (Turkish): NIHAT ERCAN, Shop owner at Itfaiye Square STORYLINE: Buying and selling second-hand goods has become popular in Türkiye as consumers are looking for affordable used products amid the country's economic woes and soaring inflation. At the decades-old flea market at Itfaiye Square in the Ulus district of Türkiye's capital Ankara, a multitude of shops now offer bargains such as used clothes, home appliances and furniture for low-income citizens roaming for the most essential products they need. SOUNDBITE 1 (Turkish): MUKERREM KORKMAZ, Head of the second-hand goods sellers chamber "You can buy and sell all kinds of products here in

Turkish science minister in Tokyo

Turkish science minister in Tokyo

TOKYO, Japan - Nihat Ergun, Turkish minister of science, industry and technology, is interviewed by Kyodo News in Tokyo on May 9, 2012. He called on Japanese automakers, including Toyota Motor Corp., to newly invest in Turkey as its auto market is expected to continue growing strongly. (Kyodo)

Japan industry minister Motegi meets Turkish counterpart

Japan industry minister Motegi meets Turkish counterpart

ISTANBUL, Turkey - Japanese Economy, Trade and Industry Minister Toshimitsu Motegi holds talks with Turkish Economy Minister Nihat Zeybekci in Istanbul, western Turkey, on July 8, 2014. (Kyodo)